Page 2 - Results Update 3 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Results update 3. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Results Update 3 Today - Breaking & Trending Today

UPDATE 3-Australia's ANZ to return capital as earnings double from COVID-19 slump


Hikes interim dividend, considers more payouts
Australian banks recovering rapidly from COVID slump (Recasts, adds analyst reaction)
SYDNEY, May 5 (Reuters) - Australia and New Zealand Banking Group on Wednesday said it would explore returning capital to shareholders as its first-half profit more than doubled, boosted by money it had set aside but no longer needed to cover potential COVID-19 losses.
Australian banks are recovering from the pandemic earlier than their global peers, as the country’s success in controlling the virus combined with near-zero interest rates and high government spending lift confidence and the housing market.
ANZ’s cash profit rose to A$2.99 billion ($2.3 billion) for the six months ended March 31, from A$1.41 billion a year ago, driven by the partial reallocation to profit of a previously expensed bad debt provision. ....

New South Wales , Stephen Coates , Sameer Manekar , Sam Holmes , Shayne Elliott , Paulina Duran , Big Four , Razib Khan , Thomson Reuters Trust Principles , Zealand Banking Group On , National Australia Bank , Commonwealth Bank , Westpac Banking Corp , New Zealand Banking Group , Executive Officer Shayne Elliott , Australia Bank , Thomson Reuters Trust , Anz Bank , Results Update 3 , Asean Countries , Asia Pacific , Australia New Zealand , Corporate Events , Banking Amp Investment Services Trbc Level 2 , Banks Trbc Level 4 , Banks Nec Trbc Level 5 ,

UPDATE 2-Australia's Woolworths fails to impress with April showing over Coles


By Reuters Staff
(Recasts with shares, CEO and analyst comment)
April 29 (Reuters) - Australia’s biggest supermarket chain Woolworths Group on Thursday offered a less upbeat reading of sales so far in April than rival Coles Group as shopping patterns return to pre-pandemic levels, sending its shares lower.
Coles, Australia’s No. 2 grocer, had said in a quarterly trading update a day earlier that grocery sales since the start of April were up 4%, but Woolworths called conditions “volatile” and with sales “broadly flat”.
Shares of Woolworths slid 3.6% - its sharpest fall in nearly two months - while Coles shot nearly 5% higher. ....

New Zealand , New South Wales , Brad Banducci , Nikhil Kurian Nainan , Sam Holmes , Byron Kaye , Arun Koyyur , Coles Group , Endeavour Group , Thomson Reuters Trust Principles , Woolworths Group On , Big W , Woolworths Group , Executive Officer Brad Banducci , Thomson Reuters Trust , Woolworths Grp , Results Update 3 , Asia Pacific , Australia New Zealand , Corporate Events , Content Produced In Bangalore , Company News , Food Amp Drug Retailing Trbc Level 3 , Consumer Non Cyclicals Trbc Level 1 , Picture Available , Performance Results Earnings ,

UPDATE 2-German chemicals group Lanxess sees M&A-driven growth in 2021


2021 core profit seen at 900 million to 1 billion euros
Company plans further M&A with focus in consumer protection (Adds M&A comments from press conference)
March 11 (Reuters) - Lanxess is looking for more acquisitions in high-margin consumer markets such as food ingredients and animal hygiene, the German speciality chemicals maker said on Thursday, as it forecast a pick up in earnings from a pandemic-hit 2020.
The group, which began the year with three acquisitions including a $1.1 billion deal to buy U.S.-based rival Emerald Kalama Chemical, said its so-called “consumer protection” business was a particular focus for deals.
The business, which also produces ingredients used in surface disinfectants, hand sanitisers and soaps, generated about a fifth of the group’s revenues in 2020. ....

Matthias Zachert , Edmund Blair , Linda Pasquini , Aditya Soni , Milla Nissi , Thomson Reuters Trust Principles , Akzo Nobel , Emerald Kalama Chemical , Executive Matthias Zachert , Dutch Based Akzo Nobel , Thomson Reuters Trust , Results Update 3 , Corporate Events , Basic Materials Trbc Level 1 , Diversified Chemicals Trbc Level 4 , Credit Markets , Central Eastern Europe , Chemicals Trbc Level 3 , Diversified Chemicals Trbc Level 5 , Company News , Commodity Chemicals Trbc Level 4 , Corporate Debt Financing , Debt Fixed Income Markets , Euro Zone , Content Produced In Gdynia , Mergers Acquisitions Takeovers ,