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Mastercard profit rises on sustained transaction volumes
Reuters· 2026-01-29 13:13
Core Insights - Mastercard reported an increase in fourth-quarter profit, attributed to sustained consumer spending that boosted transaction volumes [1] Financial Performance - The rise in profit indicates strong consumer demand, which has positively impacted Mastercard's transaction volumes [1]
Ameriprise Financial's profit rises as client assets hit record $1.7 trillion
Reuters· 2026-01-29 12:57
Core Insights - Ameriprise Financial reported a 10% increase in its fourth-quarter profit, driven by a market rally fueled by artificial intelligence [1] Financial Performance - The company's profit growth was attributed to the rise in the value of its fee-generating assets [1]
Ukraine's central bank cuts key rate to 15% after inflation slows
Reuters· 2026-01-29 12:51
Ukraine's central bank cut its key interest rate to 15% on Thursday, from 15.5%, due to slowing inflation and more clarity over international financial aid this year, it said in a statement. ...
Lockheed Martin forecasts upbeat 2026 profit, revenue amid rising geopolitical tensions
Reuters· 2026-01-29 12:27
Lockheed Martin forecast 2026 profit and revenue above Wall Street estimates on Thursday, anticipating continued demand for its fighter jets and weapons amid rising geopolitical uncertainty. ...
Canada's Rogers Communications posts quarterly revenue above estimates
Reuters· 2026-01-29 12:14
Core Insights - Rogers Communications reported fourth-quarter revenue that exceeded analysts' expectations, driven by robust growth in its media, sports, and telecom sectors [1] Revenue Performance - The company's fourth-quarter revenue was significantly bolstered by strong performance in its media segment, which includes sports broadcasting and related content [1] - The telecom business also contributed positively to the overall revenue growth, indicating a healthy demand for communication services [1]
Comcast sheds more broadband customers as wireless competition mounts
Reuters· 2026-01-29 12:08
Core Insights - Comcast experienced a higher-than-expected loss of broadband customers in the fourth quarter, indicating increased competition in the market [1] Group 1: Company Performance - The loss of broadband customers was attributed to aggressive offers from rivals, which attracted consumers away from Comcast [1] Group 2: Industry Dynamics - The competitive landscape is intensifying, putting additional pressure on Comcast's core business [1]
Blackstone beats estimates on strong dealmaking activity
Reuters· 2026-01-29 12:01
Core Viewpoint - Blackstone, the world's largest alternative asset manager, exceeded Wall Street expectations for fourth-quarter profit due to increased dealmaking activity and growth in its investment portfolio [1] Group 1: Financial Performance - Blackstone reported a strong fourth-quarter profit, surpassing analysts' forecasts [1] - The company benefited from heightened dealmaking activity, which contributed significantly to its financial results [1] Group 2: Growth Drivers - The growth in Blackstone's investment portfolio was a key factor in its financial performance [1] - Increased dealmaking activity indicates a robust market environment, which may continue to support future growth for the company [1]
Caterpillar flags $2.6 billion tariff hit in 2026, power equipment demand lifts quarter
Reuters· 2026-01-29 11:48
Core Insights - Caterpillar has projected a $2.6 billion impact from tariffs in 2026, indicating potential future challenges despite current performance [1] - The company reported an increase in fourth-quarter revenue and profit, driven by sustained demand for its power-generation equipment [1] Financial Performance - Fourth-quarter revenue and profit rose, reflecting strong market demand [1] - The specific figures for revenue and profit were not disclosed in the provided content [1] Market Demand - Sustained demand for power-generation equipment has been a key factor in the company's recent financial performance [1] - The ongoing demand suggests a robust market environment for Caterpillar's products [1]
Thermo Fisher beats quarterly results estimates on demand for tools from pharma clients
Reuters· 2026-01-29 11:47
Core Insights - Thermo Fisher Scientific exceeded Wall Street expectations for fourth-quarter profit and revenue, driven by strong demand for its tools and services utilized in drug development by pharmaceutical clients [1] Financial Performance - The company reported a significant increase in both profit and revenue for the fourth quarter, indicating robust performance in its core business segments [1]
Lazard beats profit estimates as dealmaking picks up, asset management gains
Reuters· 2026-01-29 11:43
Core Viewpoint - Lazard exceeded fourth-quarter profit estimates, driven by robust growth in its advisory and asset management sectors [1] Group 1: Financial Performance - The company reported strong growth in its advisory business, contributing significantly to the overall profit [1] - Asset management also showed substantial growth, further enhancing the company's financial results [1] Group 2: Leadership Changes - Lazard appointed insider Tracy Farr as the new chief financial officer, indicating a strategic move to strengthen its leadership team [1]