Top Company News of the Day: Credit Agricole, ANB AMRO, Toyota

Credit Agricole Beats Hopes Despite Amundi Outflows

Credit Agricole reported first-quarter net profit and revenue that came in above expectations despite net outflows of EUR9.7 billion at its asset management division.

ABN AMRO Posts Solid Profit Beat

ABN AMRO posted above-forecast profits in the first quarter, helped by improved deposit margins from higher interest rates and lower impairments and raised its long-term target for return on equity.

Toyota Motor’s Net Profit Rose on Sales Recovery, Weaker Yen

Toyota Motor’s fourth-quarter net profit rose 3.4%, thanks in part to a recovery in sales and a weaker yen.

Tucker Carlson to Launch New Show on Twitter

The former Fox News host announced the move on the social-media platform.

Airbnb Shares Fall as Company Issues Mixed Outlook

The short-term rental company reported higher revenue and profit in the first quarter, but customers reserved fewer-than-expected stays.

H&R Block stock sinks as earnings show tax season didn’t ‘return to normal’

Shares of H&R Block Inc. were declining 8% in after-hours trading Tuesday after the tax-preparation company cut its outlook for its fiscal year.

Macquarie Seeks Sale of U.S. Port Terminal Operator

Ceres Terminals performs cargo handling at some major gateways and runs container terminals at secondary ports.

Oatly Names Jean-Christophe Flatin as New CEO and Narrows Quarterly Loss

Current Chief Executive Toni Petersson is set to become the oat-milk company’s co-chairman.

Rivian’s Quarterly Loss Narrows as EV Startups Face Cash Crunch

The EV maker is standing by its production forecast of 50,000 vehicles this year, while Lucid and Fisker are dialing back their output targets.

Boeing Wins 737 MAX Jet Order Worth Up to $40 Billion From Ryanair

The European discount airline agreed to buy up to 300 new jets as it moved past an earlier rift with the U.S. plane maker.

Source: Dow Jones Newswires


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