We make statements in this section that are forward-looking statements within the meaning of the federal securities laws. For a complete discussion of forward-looking statements, see the section above entitled “Cautionary Note Regarding Forward-Looking Statements and Summary Risk Factors.” Certain risk factors may cause our actual results, performance or achievementsRead More →

SOFIA (Bulgaria), March 2 (SeeNews) – Bulgaria’s leading investment bank (Fibank) [BUL:FIB] said its consolidated net profit jumped to 111.4 million levs ($63.01 million/€56.96 million) in 2021 from 45.5 million levs in 2020, as the group grew its banking income and experienced a significant drop in administrative expenses. The lender’sRead More →

AutoNation Inc.’s fourth-quarter net profit more than doubled as used-vehicle revenue soared 55% to effectively cushion the auto retail giant’s ongoing struggles with low new-vehicle inventories. The company said net profit soared 156% to $387.1 million. Revenue rose 14% to $6.58 billion in the quarter. But AutoNation’s new-vehicle business suffered,Read More →

The logo of French retailer Carrefour on shopping carts in Sao Paulo, Brazil, July 18, 2017. REUTERS/Paulo Whitaker/File Photo Join now for FREE unlimited access to Reuters.com Register Feb 15 (Reuters) – Carrefour Brasil (CRFB3.SA) said on Tuesday fourth-quarter net profit fell from a year earlier but beat estimates, helpedRead More →

(RTTNews) – Pennsylvania-based Kennametal Inc. (KMT) posted better revenue in the second quarter, driven mainly by higher sales, but earnings fell short of analysts’ estimates. The company’s reported net income was $31.42 million or $0.38 earnings per share, compared to $19.39 million or $0.23 earnings per share last quarter. OnRead More →