By Savyata Mishra (Reuters) -Mondelez International hiked its annual sales and profit growth forecasts for the third time this year on Wednesday, betting on consumers to continue snacking on the …
Demand
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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 …
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(Reuters) – SolarEdge Technologies on Wednesday forecast fourth-quarter revenue below Wall Street estimates on weak demand for its solar inverters, sending the company’s shares down 22.3% in extended trade. Growth …
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TOMS RIVER, NJ – After Orsted, a foreign wind developer, canceled its offshore wind projects in New Jersey, Senator Jim Holzapfel and Assemblymen Greg McGuckin and John Catalano are calling …
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(Reuters) – TE Connectivity beat Wall Street expectations for fourth-quarter profit on Wednesday as demand for its sensor technology was buoyed by steady sales of electric vehicles (EVs) across the …
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‘Must Not Surrender’: House Republicans Demand Big Spending Cuts To Fund Government Ahead Of New Shutdown Deadline Arjun Singh on October 31, 2023 House Republicans have indicated that they will …
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By Jihoon Lee SEOUL (Reuters) -South Korea’s exports in October rose in annual terms for the first time in 13 months, as shipments to the United States were robust while …
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TOKYO (Reuters) – Japan’s factory activity contracted for a fifth straight month in October, a survey showed on Wednesday, as subdued demand and inflationary pressures squeezed businesses. The final au …
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(Reuters) – Caesars Entertainment beat third-quarter profit estimates on Tuesday, as steady demand in Las Vegas casinos helped boost revenue. Discretionary consumer spending has been shifting away from goods and …
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(Reuters) – U.S. defense contractor Leidos Holdings on Tuesday raised its full-year profit and revenue forecasts on the back of strong weapons demand amid rising geopolitical tensions. Defense companies have …
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(Reuters) – GE HealthCare Technologies Inc on Tuesday beat Wall Street expectations for third-quarter profit as a continued recovery in demand for surgical procedures boosted sales of its medical devices. …
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TOKYO (Reuters) – Toyota Motor is expected to report a surge in third quarter profit on Wednesday and lift its full-year outlook as the Japanese automaker benefits from both robust …
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By Polina Devitt LONDON (Reuters) – Global gold demand excluding over-the-counter (OTC) trading slipped 6% in the third quarter as central bank buying fell short of last year’s record levels …
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(Reuters) – VF Corp withdrew its full-year revenue and profit forecasts on Monday, with demand for its higher-priced apparel and footwear easing as customers turn more cost conscious, especially in …
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(Reuters) – Shares of Tesla fell about 5% on Monday after key supplier Panasonic Holdings said it cut automotive battery production in the September quarter, cementing concerns of a global …
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By Arathy Somasekhar HOUSTON (Reuters) -Oilfield and liquefied natural gas supplier Baker Hughes on Thursday raised its full year revenue forecast, primarily on strong demand for its liquefied natural gas …
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(Reuters) – Whirlpool Corp tempered its full-year profit forecast on Wednesday, signaling softening demand for its washing machines and kitchen appliances amid a cost-of-living crisis and sending its shares 5% …
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By Chavi Mehta (Reuters) – IT software and consultancy services provider IBM reported third-quarter revenue and profit above Wall Street targets on Wednesday, buoyed by stable demand for its software …
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(Reuters) – Equipment rental company United Rentals on Wednesday beat estimates for third-quarter profit on strong demand for industrial tools as spending on infrastructure and construction projects ramped up. Demand …
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By Ben Klayman (Reuters) – High interest rates are derailing the ambitions of climate regulators and automakers to accelerate the shift to electric vehicles, underscored Wednesday by the scrapping of …
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(Reuters) – Ratings agency Moody’s reported higher-than-expected profit in the third quarter on Wednesday, helped by strong demand for its research and analytics. The New York-based company saw robust demand …
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By Lisa Baertlein and Priyamvada C (Reuters) – Wall Street analysts expect United Parcel Service to report a sharp drop in third-quarter profit on Thursday as it absorbs significant costs …
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By Saikeerthi . (Reuters) – Dow Inc forecast average net sales for the current quarter below analyst estimates on Tuesday, as the chemical maker continues to navigate weak demand and …
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(Reuters) – PulteGroup beat Wall Street expectations for third-quarter profit on Tuesday, as even at higher prices the demand for new constructions remained strong due to an acute shortage of …
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(Reuters) – Fisker cut prices of its high-end Ocean Extreme SUV on Monday, while raising prices on two lower-priced variants, as the firm grapples with a slowdown in electric-vehicle demand …