Bank of New York shares rise 2% on earnings, revenue beat
NEW YORK – Bank of New York Mellon (NYSE: NYSE:BK) delivered a positive surprise in its first quarter 2024 results, posting earnings and revenue that surpassed analyst expectations.
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NEW YORK – Bank of New York Mellon (NYSE: NYSE:BK) delivered a positive surprise in its first quarter 2024 results, posting earnings and revenue that surpassed analyst expectations.
In case of retail business too, I think 19% kind of a growth or 20% kind of a growth is being seen and most importantly the contribution to the margin is coming largely from the own brands, which are basically contributing significantly particularly into physical stores.
In case of retail business too, I think 19% kind of a growth or 20% kind of a growth is being seen and most importantly the contribution to the margin is coming largely from the own brands, which are basically contributing significantly particularly into physical stores.
Ceres Power Holdings Plc (CWR.L), a leader in the development of fuel cell technology, has reported an optimistic full-year earnings call for 2023, with a strong financial position and a promising strategy for the upcoming year.
Investing.com – Goldman Sachs (NYSE: GS) reported first quarter EPS of $11.58, $2.84 better than the analyst estimate of $8.74. Revenue for the quarter came in at $14.21B versus the consensus estimate of $12.94B.
Swaminathan Aiyar critiques the BJP manifesto for lacking major structural reforms in critical areas like education and employment. Modi\’s focus on continuity and scaling up existing programmes is highlighted, with no significant tax cuts expected. Aiyar sayse the BJP is so confident that it does not think it has to compete in freebies. This is a very positive thing from the point of view of investors.
\”While the revenue was lower than our expectations, the margin improvement and deal wins remained robust, driven by better utilisation of resources,\” said Sumit Pokharna, IT analyst at Kotak Securities. \”In the near term, the stock is likely to move up as the numbers are good.\”
Citigroup\’s profit fell in the first quarter as it spent more on severance payments for laid-off employees and set aside money to refill a government deposit insurance fund.
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