Corporate earnings
CDLHT posts 0.4% rise in H2 DPS to S$0.0282
Stapled hospitality group records first increase in net property income after five quarters of decline
Clas stays upbeat on US student housing despite 15% drop in segment’s H2 gross profit
Chief executive of Clas’ managers Serena Teo says they will take ‘drastic measures’ to boost occupancy and leasing rates in the next academic year
Mastercard profit beats estimates on sustained consumer spending
Resilient spending on travel, leisure and everyday essentials boosted transaction volumes
MBS Q4 earnings surpass S$1 billion to set new record
The property still has potential to keep growing, says parent company LVS
Starbucks beats Q1 global comparable sales estimate as demand rebounds
Comparable sales rose 4% in North America, marking their first gains in nearly two years
CEOs wary of a jittery US consumer as global tensions intensify
Executives now face the tough task of laying out the companies’ outlook for the year ahead
Bank of America profit climbs as trading surges in volatile markets
Its sales and trading revenue rose 10% to US$4.5 billion in Q4
JPMorgan profit falls on one-time Apple card deal charge
Profit fell to US$13 billion, or US$4.63 per share, in the three months ended December 31
TSMC Q4 revenue jumps more than 20%, beating forecast
Demand for the company’s products leaps in response to surging interest in AI applications
