trending Market Intelligence /marketintelligence/en/news-insights/trending/Y7f2DivlfMGFdtGQuHocpA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Australia's CVC lowers fiscal-year net profit guidance

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible


Australia's CVC lowers fiscal-year net profit guidance

Australia's CVC Ltd. lowered its net profit guidance for the fiscal year ended June 30 to approximately A$1 million.

The diversified investment company revised its guidance after its review of investments found that the carrying value of certain investments has been impaired. The company previously expected a net profit of between A$10 million to A$13 million for the fiscal year.

For the fiscal year ended June 30, 2018, the company had posted a net profit after tax of A$27.1 million.

CVC said it will not provide guidance for the fiscal year ending June 30, 2020, but it expects it will be less than prior years.