Shares of PepsiCo Inc. fell 1.1% in premarket trading on Friday, retreating from a five-month high, following the company's surprising decline in fourth-quarter revenue. Despite this setback, the beverage and snack giant exceeded profit expectations and announced a 7% increase in its dividend. Strong Profit Performance PepsiCo's net income soared to $1.3 billion, or 94 cents … [Read more...] about PepsiCo Reports Drop in Fourth-Quarter Revenue, Raises Dividend
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Arbuthnot Banking Group Reports Strong Profits in H1 2023
Arbuthnot Banking Group, a leading private and commercial bank, has announced a significant increase in pretax profit for the first half of 2023, largely driven by higher interest income. Impressive Financial Results For the six months ending June 30, the bank recorded a pretax profit of £26.4 million ($34.5 million), compared to £3.4 million for the same period in the previous … [Read more...] about Arbuthnot Banking Group Reports Strong Profits in H1 2023
EQB’s Shares Surge After Earnings Upgrade and Dividend Increase
Shares of EQB, the parent company of Canada's Equitable Bank, experienced a significant boost on Wednesday. This came after the company raised its earnings forecast for the year and increased its quarterly dividend by almost 3%, following a strong profit gain in the second quarter. In morning trading, EQB's shares rose by 6.5% to C$82.63, bringing their year-to-date advance to … [Read more...] about EQB’s Shares Surge After Earnings Upgrade and Dividend Increase
