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News updates from October 29: UK lenders warn of turmoil after car finance court ruling; Cloud growth boosts Google’s earnings

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News updates from October 29: UK lenders warn of turmoil after car finance court ruling; Cloud growth boosts Google’s earnings - Financial Times

Quick Summary:

The top end of that range implies revenue growth of 14.4 per cent, a slowdown from the 17 per cent quarter-on-quarter increase that boosted sales to a record $6.8bn in the three months ended September 28.

The card company’s sales rose 12 per cent from a year ago to $9.6bn in the quarter that ended September 30.

Shares fell by more than 5 per cent in after-hours trading after it said its adjusted earnings before interest and taxes this year would be at the bottom of the $10bn-$12bn range it gave In July.


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Article Details

Author / Journalist: Peter Wells

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-29 @ 23:19:29 (2 days ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 5136 words

Reading Time: 29 minutes read

Sentences: 207 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 23350111

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 9 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

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  • URL: https://beamstart.com/news/news-updates-from-october-29-17303859384138

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