Quarterly

Jane Fraser CEO, Citi, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, May 1, 2023.Mike Blake | ReutersCitigroup warned investors late Wednesday that charges tied to the decline of the Argentine peso as well as the bank's reorganization came in far higher than disclosed by the company's CFO just weeks ago.The bank said its fourth-quarter results, scheduled to be released Friday morning, were impacted by $880 million in currency conversion losses from the peso and $780 million in…

Hon Hai Precision Industry warned of its fourth consecutive decline in quarterly sales after a 5.4 percent slide in the last three months of 2023 suggested consumer electronics demand remains muted.The Taiwanese firm, also known as Foxconn, reported a steep 27 percent drop in December sales to NT$460.1 billion ($14.8 billion, or roughly Rs. 1,23,073 crore), concluding a NT$1.85 trillion quarter. It now sees sales falling in the current period as well, adding to concern about the latest iPhone generation's momentum heading…

Samsung recently launched the Galaxy A15 and Galaxy A25, the first Galaxy phones that come preloaded with Android 14 and One UI 6 (not counting the Galaxy S23 FE, which only launched running Android 14 in select markets). Both devices are also guaranteed four generations of Android OS upgrades and five years of security updates, the same as Samsung's flagship smartphones, which is insanely impressive when you take their accessible prices into account. However, there is one important difference that needs to be pointed…

Updated Jan. 2, 2024 3:32 pm ETChinese automaker BYD for the first time topped Tesla as the world’s largest seller of electric vehicles on a quarterly basis, a sign of China’s emerging strength in the global market for battery-powered cars. BYD reported selling more than 526,000 fully electric vehicles in the fourth quarter of 2023, compared with Tesla’s sales of nearly 485,000 for the same period. Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Updated Jan. 2, 2024…

India’s top technology companies, which together have the second highest weighting on the Nifty just behind the financials and banks, will likely report their slowest quarterly revenue expansion in a decade in the three months to December, although inherent client concentration and domain strength differences indicate a K-shaped growth path for the aggregate industry.Seasonality and deal ramp-ups are likely to aid sequential constant currency revenue growth at HCLTech (6%), LTIMindtree (1.5%), and Tata Consultancy…

Posted in: Comics, Current News | Tagged: AA Milne, march 2024, Solicits, winnie the poohA A Milne's Winnie-The-Pooh going into public domain has meant Travis Dandro has transformed it from illustrated prose to comicsArticle Summary Travis Dandro reimagines Winnie-the-Pooh as a graphic novel for Drawn & Quarterly in 2024. Winnie-the-Pooh's classic tales are expanded with new stories and full-page illustrations. The graphic novel includes the original adventures plus an exclusive story by…

Dell Technologies on Thursday reported third-quarter revenue below estimates due to a slower-than-expected recovery in the hardware and software market, sending its shares down 4% after the bell.Vendors in the market have seen a slowdown in demand following the surge in sales of electronic devices during COVID lockdowns on the back of increased work-from-home measures.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM KozhikodeIIMK Advanced Data Science For ManagersVisitIIT DelhiIITD…

China's largest chip manufacturer, Semiconductor Manufacturing International Co also known as SMIC saw its quarterly profit drop by 80 per cent. As a result, its stock also crashed. It also missed its net income predictions, significantly…

Apple is likely to report a dip in iPhone sales in the April-June quarter as shoppers held out for a new model in a slow economy, making it important for the company to detail how it is using artificial intelligence to augment growth, analysts said.The world's most valuable firm will wrap up Big Tech earnings on Thursday, with a likely 1.6 percent drop in total quarterly revenue, according to Refinitiv - its steepest drop in third-quarter revenue since 2016.IPhone sales likely fell more than 2 percent in the period,…

Japan's Sony on Wednesday said first-quarter profit tumbled due to weaker performances from its movies and financial businesses.In April-June, operating profit slid 31 percent to JPY 253 billion ($1.8 billion or roughly Rs. 14,907 crore), in line with estimates.Profit at its movies division plunged by two-thirds due to lower sales for television content as well as higher marketing costs after the company released more films in theatres.Once a consumer electronics giant, the conglomerate has transformed itself to focus…