Prudential’s interim results fell short of market estimates after a valuation loss in the British insurer’s investment portfolio led to an unexpected drop in profit. Net income fell 87 percent year-on-year to $120 million in the first six months of 2024, after excluding a short-term investment loss of $1.08 billion, in stark contrast to the […]
Epic Games announced today that it will retain a smaller share of sales through its Unreal Engine Marketplace, which allows creators such as digital artists, sound designers and programmers to sell products for game developers to use in their own projects. Going forward, creators will now be allowed to keep 88 percent of their product […]
With the Home buying season in spring 2024 falls short of expectationsListed title insurers reported a mediocre second quarter for their business. In its August 15 reports affirming First American and Stewart’s ratings, Fitch said: “The title insurance industry has recently reported a decline in operating results compared to the very strong performance during the […]
Convenience. Membership. Delivery times. Delivery density. eCommerce. Marketplaces. You might think these were buzzwords from Amazon’s second-quarter earnings call. But they weren’t. These themes were mentioned most frequently on Walmart’s second-quarter earnings call on Thursday (Aug. 15), when the company reported slow but steady growth and a “reasonably cautious” outlook for consumer spending in the […]
EXCLUSIVE: The implementation of major projects including The power and Dan Levy Movie Good grief led to Sister doubling its revenue to $264 million in 2023, but profits remained stubbornly in the red. Jane Featherstone and Liz Murdoch’s company attributed its record revenue to “the realization of pipeline projects and the recovery from delays in […]
The 11th annual Day of Hope is just one week away. Volunteers will return to locations across the Central Coast on Wednesday, August 21 to sell special editions of the Santa Maria Times to benefit Mission Hope Cancer Center in Santa Maria and Arroyo Grande. The special edition features compelling stories and photos highlighting the […]
Take Skift Could international expansion help offset sluggish growth in the U.S.? “Global” was the word executives used most frequently on the quarterly earnings calls we reviewed. Sean O’Neill The three largest vacation rental and timeshare operators in the United States have experienced an overall decline in consumer spending. During conference calls to announce quarterly […]
ADELLA HARDING Elko Daily correspondent Coeur Mining Inc. reported an adjusted net loss of $3.4 million, or 1 cent per share, in the second quarter, but is looking forward to a better second half as its expanded Rochester Mine in Nevada now produces more gold and silver. “The first half of the year was about […]
Fremantle’s goal of generating annual revenue of €3 billion ($3.3 billion) by 2026 has not yet been achieved. The poor And Have talent The company recorded a decline in sales of 50 million euros in the first half of the year. RTL’s own production and distribution group generated €957 million in the first six months […]
