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Mercedes-Benz, tariff and profit margin

Mercedes-Benz trims profit margin forecast on US tariff impact

Mercedes-Benz trimmed its annual car sales and profit margin forecasts on Wednesday, flagging a nearly $420 million impact from U.S. tariffs in the second quarter.

Tech Xplore · 29m

Mercedes-Benz profit plunges on tariff, China woes

Premium German carmaker Mercedes-Benz said Wednesday its second-quarter profit plunged nearly 70% due to US tariffs and weak sales in China, prompting it to lower its full-year revenue outlook.

Hosted on MSN · 2h

Mercedes-Benz sees 4-6% margin for car business, with $418 million tariff hit

The German luxury carmaker had said in February it expected the profit margin for its car division to be just 6-8% this year, after its earnings fell 30% in 2024, with a 40% slump in the car business.

UBS posts net profit beat

Wall Street Journal · 4h

UBS Net Profit Beats Expectations

The banking giant reported second-quarter net profit that more than doubled on year and said the integration of Credit Suisse remains on track.

The Financial Times · 4h

UBS profit jumps more than expected to $2.4bn

UBS profit rose more than expected to $2.4bn in the second quarter, bolstered by wealth management and trading revenues amid heavy volatility in global markets. The Swiss bank’s net profit was more than double the same period last year and higher than the $2.

Bloomberg L.P. · 4h

UBS Second Quarter Profit Beats Estimates as Outlook Brightens

UBS Group AG posted higher than expected profit in the second quarter, and signaled that the prospect of cooling global trade tensions should support results as investor activity revives.

2hon MSN

Panasonic's battery unit profit grows 47% y/y in Q1 on AI boom

Panasonic on Wednesday said operating profit at its battery-making energy unit grew strongly in the first quarter due to the ...

1hon MSN

HSBC Quarterly Profit Slumps, Announces $3 Billion Buyback

The London-based bank reported a drop in second-quarter net profit and said it plans to initiate a share buyback of up to $3 ...

BAE upgrades profit guidance on back of higher military spending

BAE Systems has lifted its sales and profit outlook for the full year as higher military spending by governments in the face ...

31mon MSN

HSBC profit tumbles as China losses mount

HSBC Holdings reported a sharper-than-expected drop in profit on Wednesday, hurt by write-downs from exposures to a Chinese ...

Rio Tinto 1H Profit Falls 22% as Weaker Iron Ore Prices, Tariffs Leave Mark -- Update

Rio Tinto reported a 22% fall in first-half profit and pared its interim dividend, as weaker iron-ore prices weighed on the mining giant's earnings. The world's second-biggest miner by market value ...

11m

Hyundai Q1 results: Net profit declines 8% amid headwinds in domestic market

Hyundai Motor India today reported a decline of 8.08% year-on-year (y-o-y) in its consolidated net profit at Rs 1369.23 crore ...

55m

Rio Tinto’s lowest profit in five years may be Stausholm’s best moment

The miner’s return to profitable growth across its portfolio gives its incoming CEO options for the next decade.

Nomura Profit Exceeds Estimates on Stock Trading Boom

Nomura Holdings Inc.’s profit beat expectations last quarter, as the Japanese firm joined the equity trading boom that fueled ...

21hon MSN

PayPal Lifts Full-Year Guidance After Profit Gains From Active Accounts, Venmo

PayPal raised its outlook for the year as its active account tally climbed and its Venmo business thrived.

UBS quarterly profit doubles; Ermotti takes aim at Swiss capital proposals

UBS's second-quarter profit more than doubled from a year earlier, comfortably ahead of expectations, as it joined other ...

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