CEO, Evan Spiegel, Steve Palmer discussed on The Bryan Crabtree Show


The end of twenty twenty that news came as the carry reported a seven and a half percent increase in third quarter revenue hairline sees a record fullyear underlying pretax profit of up to one point two billion dollars it's a disappointing message from snapchat these recent shakeup in terms of the revival that they're aiming for has really dan the absence fortune while it hasn't gone down one user girls and sales slowed even more in the first quarter amid a public backlash parents that says revenue gains in the current quarter will be even smaller that sent shares plunging and extended trading ceo evan spiegel says the changes will work eventually steve palmer says he sold his entire stake in twitter at the milken conference in california he explained why sold my twitter steak are sold sure i own summit index funds but i did i decided hey i'm not really excited as a profession to be an investor great thing to do but probably not for me indeed the price look pretty good bloomberg l p produces a global breaking news video network for the twitter service that's your bloomberg business flash let's get you some breaking news hitting the bloomberg from standard chartered then i cut her adjusted pretax coming at one point two six billion dollars the estimate was for one point three three billion dollars so then is a marginal miss you're also looking at comments in terms of strong wealth management that's being identified they're also talking here about transaction momentum in particular here also adding that broad based income growth was at the top of the targeted five to seven percent we're just going through these lines for you see ratio this is another key one thirteen point nine percent yesterday was thirteen point six percents so slightly higher on that cat ratio and then again you'd they're seeing that transaction banking momentum they're talking about macro economic conditions that remain favorable and they're really again yet another pin in a wide board of banks that happened reporting over the last few weeks and a positive outlook from their end and in terms of the first quarter pretax at one point nine billion a marginal missed and in terms of the estimates but overall a positive outlook from standard chartered in terms.

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