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02 Feb

Novo Nordisk posts Q4 operating profit below estimates

Danish drug developer Novo Nordisk posted on Wednesday fourth quarter operating profit that was below expectations, and said it expected to generate sales growth in local currencies of between 6% and 10% in 2022.

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02 Feb

Novartis Q4 core operating income gains 9%

Novartis reported fourth-quarter core operating income gained 9% as higher drug sales offset in increase in marketing and development costs.

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02 Feb

Santander Q4 net profit rises 8-fold, releases 750 million euros provisions

Spain's Santander on Wednesday reported an eightfold rise in fourth quarter net profit compared to the same quarter in 2020 on lower loan loss provisions and a solid performance in its U.S. and UK markets.

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02 Feb

Swedbank Q4 operating profit narrowly lags forecast

Swedish bank Swedbank on Wednesday reported a slightly lower-than-expected operating profit for the fourth quarter as continued global supply problems held back economic growth in home markets.

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02 Feb

Santander Q4 net profit rises eight-fold on lower provisions

Spain's Santander on Wednesday reported an eight-fold rise in fourth quarter net profit in 2021 compared to the same period a year earlier thanks to a release of COVID-related provisions which contributed to lower loan loss impairments.

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02 Feb

Telenor Q4 lags forecasts, sees flat to slightly higher 2022 earnings

Norway's Telenor said on Wednesday it expects its earnings to be largely flat or slightly higher in 2022 compared to last year as it posted quarterly profits below forecasts.

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01 Feb

Tesla recalls nearly 54,000 vehicles that may disobey stop signs

Tesla Inc will recall 53,822 U.S. vehicles with the company's Full Self-Driving (Beta) software that may allow some models to conduct "rolling stops" and not come to a complete stop at some intersections posing a safety risk.

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