Company Results

Donaco International reports H1 net loss of AU$59 million, showing significant year-on-year improvement

Donaco International reports H1 net loss of AU$59 million, showing significant year-on-year improvement

Asian casino giant Donaco International suffered a net loss of AU$59 million (US$43.5 million) in the twelve-month period ending June 30, mainly due to the COVID-19 pandemic that forced its properties to remain shuttered for several months.

PAGCor suffers first-half deficit of $32.5 million due to corona virus-related closures

PAGCor suffers first-half deficit of $32.5 million due to corona virus-related closures

Reeling under the brunt of corona virus-related lengthy closure of its gaming facilities, the Philippine Amusement & Gaming Corporation (PAGCor) has reported a net deficit of nearly $32.5 million for the first half of this year.

Shares of VeriFone Systems Drop after Company Misses Expectations in Q2 and Gives a Downbeat Outlook

Shares of VeriFone Systems Drop after Company Misses Expectations in Q2 and Gives a Downbeat Outlook

San Jose, California based VeriFone Systems saw its shares drop during the after hour trading to $21.98 or by 22.14percent on Tuesday following a weak guidance and a quarterly result that missed expectations.

Samsung’s Q4 Net Profit Drops as Demand is Sluggish for smartphones

Samsung’s Q4 Net Profit Drops as Demand is Sluggish for smartphonesAlthough Samsung's fourth quarter revenue moved up one percent but weak mobile phone and display panel demand did not give the

Q3 Profits Reported by Bank of America

Q3 Profits Reported by Bank of AmericaLower borrowing costs along with lesser legal expenses helped the Bank of America to earn profits in the third quarter.

American Airlines Post a Profit in the Fourth Quarter

American Airlines Post a Profit in the Fourth Quarter Though the American Airlines reported profit for the fourth-quarter but the carrier failed to impress the investors as the unit revenues of the carrier dropped.

On Tuesday the shares of American fell about five percent during the morning trading hours before gaining slightly.

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