SocGen’s Q4 profit beats expectations, sees higher bad loan risks By Reuters

[ad_1] © Reuters. FILE PHOTO: The logo of Societe Generale is seen on the headquarters at the financial and business district of La Defense near Paris, France, February 4, 2020. REUTERS/Benoit Tessier PARIS (Reuters) – Societe Generale (OTC:), France’s third biggest bank, posted a higher-than-expected profit in the fourth quarter, driven by a strong performance … Read more

BTIG sees a ‘choppy’ H1 followed by a strong H2 for consumer retail and lifestyle brands firms By

[ad_1] © Reuters BTIG sees a ‘choppy’ H1 followed by a strong H2 for Consumer Retail and Lifestyle Brands firms By Sam Boughedda BTIG analysts said in a note Tuesday that they have assumed coverage of retailers Deckers Outdoor Corporation (NYSE:), Revolve Group (NYSE:), Rocky Brands (NASDAQ:), and V.F. Corporation (NYSE:) and have initiated initial … Read more

CaixaBank sees forecast-beating profit thanks to higher net interest income

[ad_1] Spain’s CaixaBank SA said Friday that its fourth-quarter profit rose 62% compared with the same period a year earlier, thanks to higher net interest income. The bank CABK, +3.19% reported net profit of 688 million euros ($750.6 million) over October to December, beating analysts’ expectations for net profit of EUR632 million, according to a … Read more

Sanofi profit narrowly beats forecasts, sees stronger earnings growth in 2023

[ad_1] Sanofi SA on Friday posted rising earnings and sales for the fourth quarter and said it expects its earnings per share to grow in 2023. The French pharma major SAN, -2.18% SNY, -3.10% reported net profit of 1.46 billion euros ($1.59 billion) for the quarter, up from EUR1.13 billion in the same quarter of … Read more