The oil-and-gas giant generated adjusted earnings of $9.65 billion in the three months through the end of March, beating the market consensus of $7.965 billion
Dow Jones Newswires: Hugo Boss first quarter net profit rises to €35 million.
The German premium-fashion company said net profit rose 46% in the first quarter on double-digit improvements across brands and regions.
Dow Jones Newswires: Volkswagen confirms 2023 guidance after revenue rise
The German auto maker said sales rose to 76.20 billion euros ($84.31 billion), a 22% increase over the first quarter of 2022.
Dow Jones Newswires: AB InBev reports jump in profit on better-than-expected revenue, prices
The world’s largest brewer made a net profit of $1.64 billion in the first quarter from $95 million a year earlier.
Dow Jones Newswires: Capgemini sees double-digit growth across regions, but clients remain cautious
The French consulting and technology group said revenue was 5.73 billion euros ($6.34 billion), up from EUR5.17 billion in the same quarter of 2022.
Dow Jones Newswires: Zalando confirms guidance after revenue boost
The German online fashion retailer XE:ZAL on Thursday posted revenue of 2.26 billion euros ($2.50 billion), up 2.3% on the year.
Dow Jones Newswires: Vonovia sells five real-estate portfolios for $620 million; backs 2023 guidance
The company posted net loss of EUR1.96 billion for the first quarter compared with profit of EUR22.7 million for the year-earlier period.
Dow Jones Newswires: China’s Caixin manufacturing PMI slips into contraction for April
A private gauge of China’s factory activity fell into contractionary territory in April, pointing in the same direction as an official index and reflecting weakening global demand for Chinese goods.
: Arconic confirms deal to be acquired by Apollo, for 33% premium
Arconic’s stock soars toward an 8-month high after confirming deal to be acquired by Apollo for $30 a share.
Mark Hulbert: SVB and First Republic failures are just the start of a lengthy banking crisis — if you believe 800 years of history
Stocks and real estate are vulnerable to a systemic banking crisis that could last months, if not years.
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