A slide in U.S. stock prices punished Berkshire Hathaway’s bottom line in the second quarter, as billionaire Warren Buffett’s company posted a $43.8 billion loss, Reuters reported. Still, Berkshire saw an improvement in operating results, as income from insurance and BNSF railroad offset a loss from auto insurer Geico. Quarterly operating profit rose 39% to […]
Tag: Results
PayPal: 18% share dip after unexpected year-end slowdown
PayPal’s title is under strong pressure, falling as much as 18% in pre-conference transactions, after the giant of electronic payments saw its growth slow down at the end of 2021 and downgraded its guidance for this year. In particular, PayPal ended 2021 with mixed figures, as its profits were marginally below estimates, while its revenues […]
KINAL ELECTIONS: Leading lead for N. Androulaki – G. Papandreou in the second round
LAST UPDATE: 01.58 With an unexpected turnout that exceeded all expectations and expectations by gathering more than 270,000 voters over the KINAL ballot box, the first round of the internal party elections showed a clear winner Nikos Androulakis. In the “breast to breast” battle he gave with Andreas Loverdos, George Papandreou was the first to […]
KINAL elections: N. Androulaki a strong lead, G. Papandreou – A. Loverdou ‘battle’ for the second round
LAST UPDATE: 6/12 00.01 Nikos Androulakis is given the lead by the results of the internal elections of KINAL for the election of a new president, with G. Papandreou and A. Loverdos fighting for the 2nd place. With the counted 83.39% of the votes in the territory, the candidates gather: Nikos Androulakis: 37,05% George Papandreou: […]
The strengths and weaknesses of the 4 banks
By Leonidas Stergiou They say a picture is worth 1,000 words. This is true everywhere, with the possible exception of the nine-month results of the four systemic banks. The first glance raises concerns, with a few exceptions, about profitability, capital, costs and red loans, despite the huge securitizations that have taken place. The second look […]
Cenergy: Announces new major project for the pipeline industry
By Harry Floudopoulos The third quarter and 9 month results announced by Cenergy certify the positive course of the company, with the adjusted operating profitability of EBITDA amounting to 34.4 million euros for the quarter and 82.06 million euros for the nine months. The management of the company considers as an extremely important development the […]
ELPE: Restoration of profitability to pre-crisis levels in the 9 months
HELLENIC PETROLEUM announced the consolidated financial results for the third quarter of 2021, with Comparable EBITDA Profits of € 125 million, increased by 90% compared to last year and 58% compared to the previous quarter, and the corresponding Net Profits to € 39 million. , the published Net Profits for the nine months amounted to […]
ELPE: Profitability returns to pre-crisis levels
LAST UPDATE: 17.56 The return of the profitability of the Hellenic Petroleum group to pre-crisis levels is marked by the announcement of the third quarter and 9 month results. Specifically, according to the consolidated financial results for the third quarter, the comparable EBITDA amounted to 125 million euros, increased by 90% compared to last year […]