United Airlines recently announced that it expects its adjusted profit to be negatively impacted in the fourth quarter due to the ongoing war between Israel and Hamas. The airline operator stated that this impact would be even more significant if flight suspensions to Tel Aviv continue beyond the end of October. As a result of this news, shares of United Airlines saw a decline … [Read more...] about United Airlines: Adjusted Profit to Take a Hit in Fourth Quarter
adjusted profit
Segro Reports Swing to Pretax Loss in H1
Segro, the U.K. real-estate investment trust, announced a swing to a pretax loss for the first half of this year due to losses on property gains. However, adjusted profit and revenue saw an increase. For the six months ending June 30, Segro reported a pretax loss of £33 million ($42.7 million), compared to a profit of £1.375 billion for the same period in 2022. This change was … [Read more...] about Segro Reports Swing to Pretax Loss in H1
