financial turnaround News

AIG's Remarkable Turnaround: Q2 Net Income Skyrockets to $1.14B from a $4B Loss

AIG announces a dramatic financial turnaround with a Q2 net income of $1.14B, recovering from a $4B loss the previous year, driven by higher underwriting and investment income.

BP Surprises Market with $1.6 Billion Q2 Profit Amidst Energy Sector Volatility

BP plc announces a remarkable Q2 profit of $1.6 billion for 2025, reversing last year's loss, with strategic projects and discoveries paving the way for future growth.

Walgreens Reports a 3.9% Sales Surge to $38.6 Billion in Q2, Beating Estimates Amid Turnaround Efforts

Walgreens Boots Alliance Inc. reports a 3.9% sales increase to $38.6 billion in Q2 of fiscal 2025, outperforming estimates. Despite a reduced net loss, challenges remain with weake...

PC Jeweller Achieves Remarkable 56% Debt Reduction in FY25, Eyes Complete Debt Freedom by FY26

PC Jeweller Ltd has reduced its debt by 56% in FY25, targeting complete debt freedom by March 2026. Improved sales and fundraising efforts, including a Rs 1,500 crore preferential ...