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Category Archives: Market news

Goldman Sachs Exceeds Wall Street Expectations, Posts Record EPS

Posted on October 16, 2020October 21, 2020 | No Comments

Earnings release of Goldman Sachs

Source: Unsplash | Photographer: Floriane Vita

Reading time: 2 minutes

On Wednesday, one of the leading U.S. banks, Goldman Sachs, announced better-than-expected Q3 2020 results due to strong bond trading and asset management performance. Shortly after the news, the bank’s shares rose by an extra 0.6% on top of the 2.2% gains achieved in premarket trading.

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Suedzucker’s Revenues for H1 2021 Stay at Last Year’s Level Despite the Negative Effects of COVID-19

Posted on October 9, 2020October 21, 2020 | No Comments

Picture of sugar cubes stacked on top of one another

Source: Dreamstime

Reading time: 2 minutes

On Thursday, Suedzucker – the largest sugar producer in Europe, reported better-than-expected revenues for its first half of fiscal 2021 totalling €3.349 billion (last year’s profits totalled at €3.314 billion). 

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PepsiCo’s Snack Offerings Explode in Popularity, Quarterly Revenue Rises by 5.3%

Posted on October 5, 2020October 21, 2020 | No Comments

Picture of Pepsi Cola soda can

Source: Dreamstime

Reading time: 2 minutes

On Thursday, PepsiCo reported that more and more consumers are starting to purchase its recently released Tostitos and pancake mixes.

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Kingfisher Remains Strong Despite the Devastating Effect of COVID-19 on the Home Improvement Sector

Posted on September 29, 2020September 29, 2020 | No Comments

Kingfisher bird in flight

Source: Pixabay | Photographer: Bergadder

Reading time: two minutes

The international home improvement company posted resilient performance in H1 2020 despite the pandemic and is currently on track of achieving its strategic priorities.

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FedEx Posts Upbeat Quarterly Profits on the Wings of Heightened Consumer Spending Due to COVID-19

Posted on September 18, 2020October 2, 2020 | No Comments

Picture of delivery staff moving boxes

Source: Pexels | Photographer: Norma Mortenson

Reading time: two minutes

Despite the damaging effects of the pandemic, the popular U.S. delivery firm posted better-than-expected Q1 2021 results due to lowered fuel costs and heightened delivery prices.

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Oracle’s Stock Skyrockets After Taking Analysts by Surprise with Strong Q1 Earnings

Posted on September 11, 2020September 11, 2020 | No Comments

Man in business suit cheering at laptop screen

Source: Pexels | Photographer: Andrea Piacquadio

Reading time: two minutes

In just three months, Oracle Corp. has managed to turn its declining sales into a decisive rally. Here is how the company fared throughout its first fiscal quarter for 2021.

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