Corporate profits

The next victim of the trade war: corporate profits

President Trump began using tariffs as a tool in trade negotiations in January 2018, and while these new trade barriers have been the root of stock market volatility since, it has taken some effort. to see their impact on the economy or the results of companies. . The US economy grew at the fastest pace […]

Corporate profits

Why the Trade War Won’t Crush US Corporate Profits

Trade tensions between the United States and China will escalate with further tariff increases on both sides due to take effect June 1, a growing cause for concern on Wall Street. But a new report from Goldman Sachs suggests the damage to U.S. corporate profits will be minimal. While U.S. companies have exposure to China, […]

Annual profits

Severn Trent PLC’s annual profits rise despite the £ 22million blow from last summer’s heatwave

Severn reported a 7.8% increase in its pre-tax profits to £ 563million in the 12 months ended March 31, helped by lower tax rates and lower interest repayments. PLC () profits jumped nearly 8% last year, despite huge costs associated with “one of the hottest, driest summers” on record. The FTSE 100-listed water company said […]