profits

“Buy at the sound of cannons and sell at the sound of trumpets.”

The old Wall Street adage says to buy when stocks plummet at the outbreak of war and sell when stocks rise as hostilities end. Buying low and selling high has long been a fundamental financial strategy particularly as it relates to gauging wartime market sentiments. And where some might hear the drums of war beating and jackboots ringing on cobblestones, others hear only the sound of cold, hard coin clanging into their coffers.

Qantas posts decline in net profits

The results indicate Qantas' strong performance in a mixed international market amidst its strategy and ongoing transformation while investing for customers.

Warren Buffett's Optimism on American Businesses

Berkshire Hathaway's CEO is upbeat about the future of US businesses and stocks after his company reported a higher quarterly profit. Buffett urges investors to work with a collection of large and conservatively financed American businesses in the long term.

BP and Shell Lost Billions of Profits Due To Oil Exploration Failure

BP and Shell were battered losing billions of profits because of oil price plunge and unsuccessful oil exploration. Contributing to the loss is the drop in China's demand for oil and Saudi Arabia's restraint on the oil production.

Deloitte's partners report average earning of GBP822k

Deloitte, leader among the Big Four accounting firms, posted encouraging revenues for the last year. The accounting firm's revenues were up 6.4 percent to GBP2.71billion, while the average earnings of its 721 partners rose 9.6 percent to GBP822,000 in 2014.

Buoyed with soaring profits, Spreadex ups dividend 4 times

UK betting firm Spreadex has quadrupled its dividend payout for the year ended May 2015 as significant jump recorded in sales and profits.

Latest Stories

Big Changes for US Workers: Overtime Pay, Non-Compete Restrictions Explained

This week, the federal government took two steps that could have far-reaching effects for millions of American workers.

Luxury Home Boom Could Leave Regular Buyers Out in the Cold

Rich buyers are buying more and more costly properties with cash, which is driving up prices for the priciest residences in the country.

Costco's Gold Bars Part II: From Africa to the Alps to You

So where exactly does that shiny new "999.9 fine gold minted" bar from Costco come from? Under that "Essayeur Fondeur" Swiss authenticity stamp lies a long, bloody trail of death and tears.

Is the IRS Watching You? Red Flags That Could Trigger a Tax Audit

When the IRS decides to examine a taxpayer's accounts and financial data to make sure they have complied with all tax regulations and declared all necessary income, this is known as an audit.

Creative Ways to Pay Down Credit Card Debt and Boost Savings

The state of the economy has grown more difficult for many people and households these days. It's gotten harder to manage personal finances because of the higher-than-expected inflation and the high-rate environment that was intended to moderate it.

Must Read

Elon Musk's Promise of Affordable EVs Sends Tesla Shares Skyrocketing

Following CEO Elon Musk's announcement that the electric car business intends to start producing new, reasonably priced EV models by early 2025, Tesla shares finished up 12% on Wednesday.

Solana (SOL) Eyes Breakout: Is a Price Surge Coming?

Solana (SOL) is about to see a significant price breakout. Bluntz, a well-known analyst who was successful in correctly predicting the bottom of the cryptocurrency market during the 2018 bear market, claims this.

Mortgage Application Denied: What to Do Next and Boost Your Chances

The ideal of becoming a homeowner has grown more elusive for many prospective homeowners in recent years. The cost of buying a house has increased dramatically due to a combination of skyrocketing real estate prices and rising mortgage rates, pushing budgets to the breaking point.

Short on Cash? A Guide to Using Earn-Wage Apps Safely and Affordably

Several businesses provide a lending service known as Earned Wage Access, including EarnIn. In order to help workers meet their daily necessities and pay their obligations, the applications provide tiny, short-term loans to them between paychecks.

Stand Out or Sit Down: Founders' Top Tips for New Entrepreneurs

In today's fast-paced startup ecosystem, understanding what makes a successful entrepreneur is gold dust. According to a recent CNBC-SurveyMonkey poll, young adults increasingly view entrepreneurship as a career path and a crucial pillar of their financial security.

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