(Reuters) – Stryker Corp forecast 2024 profit above Wall Street estimates on Tuesday, banking on a post-pandemic pick-up in volume for certain surgical procedures at hospitals to drive sales for…
By Nick Carey and Joseph White (Reuters) – While automakers and suppliers are betting big on future demand for electric vehicles, a near-term global slowdown is causing pain, including bankruptcies,…
(Reuters) – Sysco missed Wall Street expectations for its second-quarter sales on Tuesday, as demand for custom meat cuts and high-quality seafood petered out in the face of still-high inflation.…
(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…
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…
(Reuters) – Wireless tower operator Crown Castle beat Wall Street estimates for annual site rental revenue on Wednesday, driven by steady demand for its communications infrastructure. Shares of the Houston,…
(Reuters) – Equipment rental firm United Rentals on Wednesday posted a 6.25% rise in fourth-quarter profit, on the back of robust demand for industrial tools. U.S. companies have ramped up…
By Mrinalika Roy (Reuters) – Kinder Morgan said on Wednesday it continues to have a bullish outlook for natural gas demand banking on higher demand from liquefied natural gas (LNG)…
(Reuters) – Chipotle Mexican Grill said on Wednesday it is looking to hire 19,000 additional employees to beef up workforce at its restaurants for its busiest time of the year.…
By Pratima Desai LONDON (Reuters) – The potential for a build-up of tin supplies this year is likely to put pressure on prices, but accelerating demand from the energy transition…
(Reuters) -U.S. oilfield technology firm Baker Hughes beat Wall Street estimates for fourth-quarter profit on Tuesday, powered by strong demand for its services and equipment from LNG producers, as well…
(Reuters) – PACCAR Inc beat estimates for fourth-quarter profit and revenue estimates on Tuesday, on sustained demand for its fuel-efficient truck models. Shares of the U.S. truck maker were up…
FRANKFURT (Reuters) -Euro zone banks expect a small rebound in the demand for mortgages and corporate loans for the first time in two years as a slump in lending shows…
By Akash Sriram (Reuters) – Shares of Super Micro Computer jumped about 25% to a record high on Friday after the company projected quarterly results well above its current estimates…
By Alien Fernandez and Dave Sherwood HAVANA (Reuters) – Cuban Elda William, a 60-year old former psychologist, had been making ends meet selling cellphone plans – until a sewage pipe…
By Caroline Valetkevitch NEW YORK (Reuters) – An index of semiconductor stocks was up more than 2% on Thursday and chip stocks were helping the broader market after Taiwan Semiconductor…
By Aditi Shah HYDERABAD, India (Reuters) – Lufthansa is pulling flight capacity from other countries to meet booming travel demand in India, which is now the German airline’s fastest-growing major…
(Reuters) – Fastenal surpassed fourth-quarter profit and revenue estimates on Thursday, as higher demand from manufacturers for its onsite products boosted sales of its products, such as safety gloves, power…
(Reuters) -Credit data firm Experian posted a 9% rise in third-quarter revenue on Tuesday, powered by strong demand for its new products and business wins, especially in the Latin America…
TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co Ltd is expected to report a 23% drop in fourth-quarter profit on Thursday, but analysts predict better growth this year on the back…
By Scott DiSavino (Reuters) – Frigid weather moving into the central U.S. will boost natural gas demand to record highs early next week, according to analysts forecasts, putting power and…
SYDNEY (Reuters) – Job vacancies in Australia fell only slightly in the three months to end-November, suggesting demand for workers remained strong even if the labour market was loosening a…
By Liang-sa Loh and Faith Hung TAIPEI (Reuters) – Taiwan’s exports rose more than expected in December on stronger demand for high-tech products from the United States, but the recovery…
(Reuters) -Abercrombie & Fitch on Monday raised its forecast for fourth-quarter and annual net sales, after strong demand for its apparel brands during the key holiday shopping period. The company…
(Reuters) – Early data indicates global oil consumption in December grew at the slowest pace in nine months, J.P. Morgan said in a note on Friday. The research firm, however,…