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Accenture revenue forecast tops estimates on cloud, security services demand

Chavi Mehta, Reuters
Posted at Dec 17 08:36 AM

IT consulting firm Accenture Plc forecast better-than-expected second-quarter revenue on Thursday, as more clients seek its cloud and security services, sending its shares up more than 10 percent in premarket trade. Read more »

PSEi recovers from 2-day slump amid strong earnings

ABS-CBN News
Posted at Nov 13 02:30 AM

The PSE index recovers from a two-day slump as investors digest strong earnings reports and the latest MSCI rebalancing results. Read more »

Jollibee says Q3 net income rebounds to P1.6 billion

ABS-CBN News
Posted at Nov 09 02:30 PM

Jollibee Foods Corp said Tuesday it posted a net income of P1.6 billion in the third quarter, which brought the total for the first 9 months of the year to P2.7 billion. Read more »

Metrobank net income rises to P16.1-B in first 9 months

ABS-CBN News
Posted at Nov 05 08:56 AM

Metropolitan Bank & Trust Co (Metrobank) on Friday said its net income grew 46 percent to P16.1 billion in the first 9 months of 2021. Read more »

Airbnb profit soars on Pandemic-era lifestyles

Agence France-Presse
Posted at Nov 05 08:53 AM

Airbnb on Thursday reported record-high profit in the recently ended quarter as bookings surpassed pre-pandemic numbers, with remote work trends boosting the home-sharing platform. Read more »

China Bank net income up 35 percent

ABS-CBN News
Posted at Nov 04 11:32 AM

China Banking Corp on Thursday said it posted a consolidated net income of P11.2 billion for the January to September period. Read more »

Lufthansa flies back into first profit since pandemic began

Agence France-Presse
Posted at Nov 03 04:11 PM

German national carrier Lufthansa said Wednesday that it was back in the black in the third quarter of this year -- for the first time since the start of the coronavirus pandemic -- as restrictions are lifted and air travel takes off again. Read more »

URC's Jan to Sept net income up 38 percent to P11.2 billion

ABS-CBN News
Posted at Nov 02 09:58 AM

Universal Robina Corp on Tuesday said its net income rose 38 percent to P11.2 billion from January to September 2021 compared to the same period last year. Read more »

Apple results hit by supply chain woes

Stephen Nellis, Reuters
Posted at Oct 29 08:24 AM

Supply chain woes cost Apple Inc $6 billion in sales during the company's fiscal fourth quarter, which missed Wall Street expectations, and Chief Executive Tim Cook said that the impact will be even worse during the current holiday sales quarter. Read more »

Nokia shrugs off chip problems to double profit in Q3

Agence France-Presse
Posted at Oct 28 02:18 PM

Finnish telecoms equipment maker Nokia said Thursday that it was able to double its profits in the third quarter of the current year, despite the worldwide shortage of computer chips. Read more »

Twitter posts $537M net loss over lawsuit payout

Agence France-Presse
Posted at Oct 27 08:56 AM

Twitter said Tuesday it had posted a $537 million net loss in the third quarter after settling a lawsuit alleging investors were misled about slowing user growth. Read more »

BDO says earnings back to pre-pandemic level

ABS-CBN News
Posted at Oct 25 12:28 PM

BDO Unibank on Monday said its net income for the first 9 months of 2021 reached P32.4 billion which brought earnings back to pre-pandemic levels. Read more »

A Heart Evangelista painting could sell for up to 150M

ANCX Staff
Updated as of Sep 09 01:10 PM

In her latest interview, the style star and painter candidly talks about the money side of her art Read more »

GT Capital says H1 consolidated net income up 143 pct

ABS-CBN News
Updated as of Aug 17 11:48 AM

GT Capital on Tuesday said its consolidated net income jumped 143 percent on the first half of 2021. Read more »

Disney bullish on parks despite Delta threat

Lisa Richwine and Tiyashi Datta, Reuters
Posted at Aug 13 07:57 AM

Walt Disney Co earnings topped Wall Street forecasts as pandemic-hit U.S. theme parks returned to profitability. Read more »

JG Summit core net profit rebounds in H1 2021

ABS-CBN News
Posted at Aug 12 04:56 PM

JG Summit Holdings Inc.’s core net profits bounced back in the first half of 2021. Read more »

Ayala core net income hits near pre-pandemic levels

ABS-CBN News
Posted at Aug 12 03:51 PM

Ayala Corp. said its core net income reached P13.3 billion in the first half of 2021, equivalent to 90 percent of its pre-pandemic level. Read more »

Alliance Global triples profit in first H1 2021

ABS-CBN News
Posted at Aug 12 01:28 PM

Alliance Global saw its net income grow to P12.8 billion in the first half of 2021 despite the reimposition of strict lockdowns in Metro Manila. Read more »

San Miguel says Q1-Q2 net income at P29.6-B

ABS-CBN News
Posted at Aug 06 10:58 AM

San Miguel Corp on Friday said it has sustained growth for the first six months of the year with a net income of P29.6 billion. Read more »

San Miguel Food and Beverage posts stronger growth

ABS-CBN News
Posted at Aug 05 11:21 AM

San Miguel Food and Beverage Inc said Thursday it posted stronger growth in the first 6 months of the year as it adapts to the pandemic-induced challenges. Read more »