Commerzbank on Wednesday reported a 21% fall in second-quarter net profit to 220 million euros ($259.7 million) on the back of a sharp increase in loan loss provisions.
Kategorie-Archiv: CNBC Financial News
CVS Health raises forecast for year as it adapts to changing health-care habits
The company filled fewer prescriptions during the quarter because of stay-at-home orders, but its health benefits business got a boost as people delayed elective procedures.
Disney shares pop after it reveals 100 million streaming subscribers and plans to launch a new streaming service
Disney took a $3.5 billion hit to its operating income from parks being closed during the quarter.
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The major averages started the new month on a high note as tech shares outperformed.
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The stocks making the biggest moves in premarket trading include Twitter, Alphabet, Regeneron, Sony, and more.
AIG quarterly profit tumbles on catastrophe losses, private-equity losses
Insurer AIG posted a 56% fall in quarterly adjusted earnings, spurred partly by higher catastrophe losses and lower private-equity returns.
Take-Two raises sales forecast as videogames get stay-at-home boost
Take-Two Interactive Software raised its fiscal year adjusted sales forecast after beating quarterly estimates on demand for its videogame franchises „Grand Theft Auto“ and „NBA 2K“ from people stuck at home due to lockdowns.