Profits of companies listed on the S&P 500 are expected to fall nearly 3% this quarter. This represents a significant slowdown from the rapid growth in corporate profits last year. A report published this week by Oxford Economics calls these profit problems a “bad omen” for the economy. There are growing concerns that the financial […]
Coffee and tea supplier Finlays posted double-digit profits last year on the sale of some non-core assets. Accounts filed with Companies House for Finlays parent company James Finlay Ltd showed revenue up 7.8% to $ 545.1 million in 2018. Operating profits jumped 45% to $ 40.3 million as the company enjoyed a gain of $ […]
India’s ratio of corporate profits to gross domestic product (GDP) is one of the lowest among major emerging and developed economies. The combined net profit of BSE500 companies at $ 63 billion is equivalent to 2.31 percent of the country’s GDP compared to 6.1 percent in the United States, 4.24 percent in Brazil, 3.63 percent […]