Episil returns to profit
Taiwan-based Episil, a foundry specializing in SiC power devices, returned to profitability in the first three quarters of 2021 from losses a year ago......»»
The Year"s biggest winners in solar sector don"t make panels
Producers of raw materials for the solar sector are the key beneficiaries of rising demand this year, outpacing profit growth posted by the largest panel manufacturers......»»
Asbury sets net income record in Q3, but same-store profit, revenue down
Asbury Automotive Group estimates Hurricane Ian cost it 14 cents worth of earnings per diluted share in the third quarter of 2022......»»
Meta: Shares in Facebook owner dive 20% as investors lose faith
Shares in Meta drop more than 20% after the firm sees sharp falls in revenue and profit......»»
Samsung 3Q22 operating profit down 31% YoY but foundry hits record
Samsung Electronics announced its 3Q22 financial results on October 27, showing that sales managed to edge up 3.8% to KRW78 trillion, but operating profit declined by 31.4% from a year ago......»»
Meta"s stock falls 17% as its quarterly profit is cut in half
Meta on Wednesday posted the second quarterly revenue decline in its history since going public and warned that it is making "significant changes" aimed at cutting costs ahead of 2023, as it confronts an economic downturn that is hitting its core onl.....»»
Final season of Apple TV+ thriller "Servant" premieres January 13
M. Night Shyamalan's creepy thriller "Servant" returns for its final season on Apple TV+ on January 13.'Servant' returns for its final season"Servant" is a psychological thriller about a family dealing with the ramifications of losing their child. Th.....»»
Four reasons affordable housing is slow to recover after disasters like hurricanes, and what communities can do about it
How a community recovers after a disaster like Hurricane Ian is often a "chicken and egg" question: Which returns first—businesses or households?.....»»
GM posts 37.5% profit growth in 3Q22 while altering EV production target
General Motors saw record revenue and double-digit EBIT-adjusted margins in the third quarter, thanks mainly to production increase and robust pricing. However, the carmaker has dialed back its EV production goal due to the delay of the battery produ.....»»
SK Hynix sees revenue and profit decrease in 3Q22
Memory chipmaker SK Hynix has reported sequential declines in revenue and operating profits for the third quarter of 20% and 61%, respectively......»»
Microsoft earnings hit by personal computing slowdown
Microsoft posted a double-digit profit decline in the three-month period ending in September as the company confronted a slowdown in the personal computing industry and a broader economic downturn......»»
iPadOS 16.2 beta features Freeform, full external display support
The first developer beta of iPadOS 16.2 contains the Freeform app, and external display support for M-series iPads has returned.External display support returns in iPadOS 16.2Apple revealed iPadOS 16 would contain full external display support and a.....»»
New-look 2023 Toyota Crown returns to U.S. after 50 years — in modest quantities
Toyota executives said they expect to sell 20,000 2023 Toyota Crown sedans in the U.S. as the brand brings back the nameplate after a 50 year absence. The fastback-shaped sedan goes on sale in November in U.S. dealerships......»»
GM Q3 net income jumps 37% on record revenue
Net income soared to $3.3 billion as improved truck production and rising prices pushed the automaker's North American profit up 83 percent......»»
Marvel drops official trailer for Ant-Man and the Wasp: Quantumania
Kang the Conqueror makes his MCU debut as next big cross-movie villain. Paul Rudd returns as Scott Lang in Ant-Man and the Wasp: Quantumania. The Lang/van Dyne family embarks on an exciting new adventure in the subatomic realm in the firs.....»»
Hyundai Q3 earnings drop amid rising prices, supply chain disruption
Operating profit was down 3.4 percent from a year earlier, while net income dropped 5.1 percent......»»
Apple commands smartwatch profit & Apple Watch Ultra will grow this lead
Investment bank JP Morgan says that on top of already dominant Apple Watch earnings, the Apple Watch Ultra could represent $10 billion more revenue from extreme sports users.JP Morgan's product availability tracker has recently reported strong demand.....»»
Terrifier 2 will scare you half to death, and might even make you faint or puke
Here’s one way for a filmmaker to secure a nice-sized profit at the box office in 2022, at a time when cinemas are still desperate to lure customers back into their cushy chairs to watch a movie away from the comforts of home: You can always ju.....»»
Stock purchases by senators generate abnormal returns for firms
Stock purchases by U.S. senators generated abnormal positive returns for the firms whose stock was purchased, according to a new study by U of A researchers......»»
EVs expected to boost Chinese lithium product makers" 3Q22 profits
Two major lithium product makers in China are expected to enjoy significant profit growth in the third quarter of this year. Ganfeng Lithium Group and Tianqi Lithium Corporation both said EV and other segments supported by new energies are enhancing.....»»
Mercedes signals robust results regardless of gloomy outlook
Mercedes still has its sights set on delivering solid returns next year as supply shortages improve, even if the global economy continues to take a turn for the worse......»»