Keywords: Second quarter earnings


GSK beats second-quarter expectations with strong earnings and $2.52 billion efficiency plan

GSK delivered stronger-than-expected second-quarter earnings on Tuesday while unveiling a major multi-year cost-saving initiative aimed at accelerating investment in its medicines pipeline and supporting long-term revenue growth. The British pharmaceutical company announced a £1.9 billion ($2.52......

Halliburton boosts second-quarter profit as international demand offsets Middle East slowdown

The company said growth across key overseas markets, particularly in Latin America, Europe, and Africa, provided a significant boost to its performance during the quarter. Demand for Halliburton’s equipment and energy-related services remained resilient in these regions, compensating for a slowdown......

Travelers profit surges as lower catastrophe losses and investment gains boost second-quarter results

US insurance giant Travelers Companies Inc. reported a significant improvement in its second-quarter profitability, benefiting from a sharp reduction in catastrophe-related losses and stronger returns from its investment portfolio. The company’s latest results highlight how disciplined risk management......

Progressive posts higher quarterly profit as auto insurance demand remains strong

Progressive reported higher second-quarter earnings on Wednesday, supported by sustained demand for personal auto insurance policies, underscoring the resilience of the U.S. insurance market despite rising claims-related costs. The insurer benefited from continued customer growth in its core automobile......

Korean Air reports 34% drop in quarterly profit despite record revenue

Korean Air reported a sharp decline in second-quarter operating profit as higher fuel costs weighed on earnings, even as the airline posted its highest-ever revenue for a second quarter thanks to robust passenger demand and a booming cargo business. The South Korean flag carrier said strong inbound......