Latest news with #demand
Bloomberg
a day ago
- Business
- Bloomberg
JetBlue Posts Smaller-Than-Expected Loss as Demand Improved
JetBlue Airways Corp. posted a smaller-than-expected loss in the second quarter as demand rebounded and efforts to turn around the struggling carrier gained traction. The airline's adjusted loss was 16 cents a share, the company said in a statement on Tuesday. That compares with the 33-cent average deficit expected by analysts, according to estimates compiled by Bloomberg. Demand improved as the second quarter progressed, and the carrier said it's seeing strong bookings from customers within two weeks of departure.
Yahoo
a day ago
- Business
- Yahoo
BinGhatti: 50% of Property Buyers Are International
Emirati real estate developer Binghatti has reported record profit for the first half of 2025 jumping up 172% y/y. Muhammad BinGhatti, Chairman of Binghatti Holding spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche about the strong numbers and demand for real estate in the UAE. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
a day ago
- Business
- Bloomberg
BinGhatti: 50% of Property Buyers Are International
Emirati real estate developer Binghatti has reported record profit for the first half of 2025 jumping up 172% y/y. Muhammad BinGhatti, Chairman of Binghatti Holding spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche about the strong numbers and demand for real estate in the UAE. (Source: Bloomberg)
Yahoo
2 days ago
- Business
- Yahoo
Trucking firm TFI sees second-quarter profit dip as market weakness persists
MONTREAL — TFI International Inc. has reported a drop in second-quarter profit as weak demand took a toll on the volume of goods it hauls. Canada's largest trucking firm reported net income of US$98.2 million for the three months ended June 30, down from US$115.7 million a year earlier. That amounted to earnings of US$1.17 per diluted share, a decrease from US$1.36 during the same 2024 period. Revenue was US$2.04 billion versus US$2.26 billion in the prior-year quarter. Montreal-based TFI says the decrease was mainly due to reduced volumes driven by weaker end-market demand. Chief executive Alain Bédard says the company was able to perform despite still-subdued market conditions and he's pleased that during the quarter TFI was able to pay a dividend and buy back shares. This report by The Canadian Press was first published July 28, 2025. Companies in this story: (TSX: TFII) The Canadian Press Sign in to access your portfolio
CTV News
2 days ago
- Business
- CTV News
Trucking firm TFI sees second-quarter profit dip as market weakness persists
A Canada Border Services officer looks over at a truck as it waits to be inspected at the Highway 55 Port of Entry in Stanstead, Que., Thursday, March 13, 2025. THE CANADIAN PRESS/Christinne Muschi TFI International Inc. has reported a drop in second-quarter profit as weak demand took a toll on the volume of goods it hauls. Canada's largest trucking firm reported net income of US$98.2 million for the three months ended June 30, down from US$115.7 million a year earlier. That amounted to earnings of US$1.17 per diluted share, a decrease from US$1.36 during the same 2024 period. Revenue was US$2.04 billion versus US$2.26 billion in the prior-year quarter. Montreal-based TFI says the decrease was mainly due to reduced volumes driven by weaker end-market demand. Chief executive Alain Bédard says the company was able to perform despite still-subdued market conditions and he's pleased that during the quarter TFI was able to pay a dividend and buy back shares. This report by The Canadian Press was first published July 28, 2025.
