Murphy approval rating sinks below Trump in New Jersey as taxes, illegal immigration key concerns
TRENTON, N.J. — President Donald Trump holds an edge with approval ratings in New Jersey, matching or exceeding Governor Phil Murphy in key metrics, according to new polling data released this week…
Clerk Helps Police Make Arrest in Robbery at Five Below in Severna
SEVERNA PARK, MD – A robbery incident occurred at the Five Below store on Ritchie Highway. At around 5:25 p.m., a male suspect approached the counter, claiming possession of a gun, and…
Lucid forecasts annual vehicle production below estimates
(Reuters) -Lucid Group forecast annual vehicle production far below analysts’ estimates on Wednesday, on signs that demand for its luxury electric vehicles will slow down as high interest rates pinch consumer budgets.…
Thermo Fisher forecasts 2024 profit below estimates on biotech demand slump
(Reuters) -Medical equipment maker Thermo Fisher Scientific forecast annual profit and revenue below Wall Street estimates on Wednesday, signaling that a slump in demand for its services used to make therapeutics and…
KKR-backed BrightSpring prices IPO below range to raise $633 million
By Echo Wang NEW YORK (Reuters) -BrightSpring Health Services, which is backed by private equity firm KKR & Co, on Thursday priced its initial public offering below its targeted range to raise…
KLA forecasts third-quarter revenue below Street estimate on weak demand
(Reuters) -Chipmaking tools manufacturer KLA Corp forecast third-quarter revenue below Wall Street estimates on Thursday, signaling sluggish demand in the electronics segment. Shares of the California-based company fell more than 5% in…
STMicro sees Q1 sales well below estimates as auto chip demand softens
By Michal Aleksandrowicz (Reuters) -European chipmaker STMicroelectronics on Thursday forecast a more than 15% drop in first-quarter revenue, well below market expectations, due to softer automotive demand and a further decline in…
Tokyo Jan core inflation seen falling below 2%, first time in 20 months: Reuters poll
By Satoshi Sugiyama TOKYO (Reuters) – Core consumer inflation in Japan’s capital Tokyo in January likely fell below 2% for the first time since May 2022, a Reuters poll of economists showed…
ICE Criminal Arrests Tick Up In 2023 But Remain Well Below Trump Admin Totals
ICE Criminal Arrests Tick Up In 2023 But Remain Well Below Trump Admin Totals Jennie Taer on December 30, 2023 Immigration and Customs Enforcement (ICE) arrests of criminals increased in fiscal year…
Bank of Italy cuts 2024 GDP forecast to 0.6%, sees inflation below 2%
ROME (Reuters) – The Italian economy will grow by just 0.6% next year, the country’s central bank said on Friday, cutting a previous forecast of 0.8% made two months ago and citing…
US mortgage rates fall below 7% for first time since August
(Reuters) – The average interest rate on the most popular U.S. home loan fell this week to below 7% for the first time since August as Treasury market yields dropped sharply after…
Hormel Foods forecasts full year 2024 profit below estimates as consumers cut back
(Reuters) – Skippy peanut butter maker Hormel Foods forecast fiscal year 2024 profit below estimates on Wednesday as consumers reduce spending on its pricier meat products and ready-to-eat meals as well as…
US grocery coffee sales fall below pre-pandemic levels
By Marcelo Teixeira NEW YORK (Reuters) – Sales of coffee at grocery stores in the United States, the world’s largest consumer of the beverage, fell to below pre-pandemic levels in the year…
Airbnb forecasts fourth-quarter revenue below estimates on demand slowdown
By Priyamvada C and Doyinsola Oladipo (Reuters) -Airbnb forecast fourth-quarter revenue slightly below Wall Street estimates on Wednesday, as tourists scale back on travel due to rising costs, uncertain economic conditions and…
Cognizant forecasts quarterly revenue below estimates on weak corporate spending
(Reuters) – Cognizant Technology Solutions forecast fourth-quarter revenue below Wall Street estimates on Wednesday, as clients tighten their IT budgets in an uncertain economy, sending its shares down more than 3% in…
Hungarian govt wants banks cap loan rates below central bank’s benchmark rate
BUDAPEST (Reuters) – Hungary’s government has asked banks to impose a voluntary cap on interest rates on new loans for households and companies from Oct. 9 to boost lending and support economic…
Instacart shares fall further below IPO price
By Noel Randewich (Reuters) – Instacart’s stock dropped 4% on Wednesday, marking a fresh low a day after it closed for the first time under the price in the grocery delivery platform’s…
Swiss expect economic growth ‘significantly below average’ in 2023 and 2024
ZURICH (Reuters) – Switzerland’s economy is expected to grow by 1.3% this year, the government said on Wednesday, significantly below the country’s long-term average as industry struggles with weak demand abroad and…
France to let fuel retailers sell below cost in inflation fight -PM
(Corrects spelling of Elisabeth, paragraph 1) PARIS (Reuters) – The French government plans to temporarily lift a ban on retailers selling road fuel below cost as part of efforts to stem inflationary…
Japan’s Simplex launches first ETFs focused on stocks below book value
By Junko Fujita TOKYO (Reuters) – Japan’s Simplex Asset Management said it will launch exchange-traded funds focused on undervalued stocks, including the first aimed at shares below book value, reflecting demand for…
HPE forecasts fourth-quarter revenue below estimates, shares fall
(Reuters) – Hewlett Packard Enterprise forecast fourth-quarter revenue below Wall Street estimates on Tuesday, at a time when demand for the company’s servers is taking a hit from soft enterprise spending coupled…
Five Below Worker Slashed by M&M Candy Thief
NEW YORK CITY, NY – The New York City Police Department seeks public assistance to identify an individual in connection with a robbery at the Five Below store on Atlantic Avenue. The…
Hedge funds land bonuses despite returns below bank savings rates -Goldman
By Nell Mackenzie LONDON (Reuters) – Most investors still award bonuses to hedge funds even if their investments do not earn as much as a bank savings account would, Goldman Sachs said…
Equinix projects quarterly revenue below estimates, shares slip
(Reuters) – Equinix forecast third-quarter revenue below market estimates on Wednesday, a sign that demand for data centers was slowing as businesses curtail spending in an uncertain economy. Shares of the company…
Alaska Air forecasts 2023 revenue growth below estimates
(Reuters) – Alaska Air Group on Tuesday forecast its annual revenue below estimates on early signs of cooling ticket prices, sending its shares down 6.3% in premarket trading. U.S. inflation data in…
US Bancorp sees annual net interest income below Wall Street estimates, shares fall
(Reuters) – US Bancorp forecast full-year net interest income (NII) below Wall Street estimates, sending the lender’s shares down more than 1% in premarket trading on Wednesday. The weak forecast comes despite…
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