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forecast

Southwest Airlines raises fuel cost forecast for fourth quarter

December 13, 2023
Southwest airlines raises fuel cost forecast for fourth quarter - photo licensed by shore news network.

(Reuters) -Southwest Airlines on Wednesday raised its forecast for fourth-quarter fuel costs, sending its shares down 1.4% in premarket trading. The carrier, however, expects unit …

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Air NZ sees first-half earnings at lower end of forecast

December 12, 2023December 12, 2023
Air nz sees first-half earnings at lower end of forecast - photo licensed by shore news network.

By Echha Jain (Reuters) – Air New Zealand said on Wednesday it expects its first-half earnings to be at the lower end of its forecast, …

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Health insurer Centene raises 2024 profit forecast

December 12, 2023December 12, 2023

By Khushi Mandowara (Reuters) -U.S. health insurer Centene Corp on Tuesday raised its 2024 adjusted profit forecast, bringing it broadly in line with Wall Street …

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Oracle tumbles as tepid forecast fans cloud growth concerns

December 12, 2023December 12, 2023
Oracle tumbles as tepid forecast fans cloud growth concerns - photo licensed by shore news network.

(Reuters) – Oracle shares fell 9% in premarket trading on Tuesday as another quarter of below-expectations cloud sales and a bleak forecast amplified concerns over …

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Flooding, Wind, and Thunderstorms in New Jersey’s Short-Term Forecast

December 9, 2023
Flooding, wind, and thunderstorms in new jersey's short-term forecast - photo licensed by shore news network.

TOMS RIVER, NJ – Rain, flooding, coastal flooding are expected across the New Jersey shore area on Sunday. Overnight, residents can expect patchy fog amidst …

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Jack Daniel’s-maker Brown-Forman cuts annual sales forecast as demand softens

December 6, 2023
Jack daniel's-maker brown-forman cuts annual sales forecast as demand softens - photo licensed by shore news network.

(Reuters) – Brown-Forman cut net sales forecast for 2024 on Wednesday as cost-conscious consumers looked at cheaper alternatives to the whiskey-maker’s more pricier brands in …

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Thai business group keeps 2023 growth forecast at 2.5%-3.0%

December 6, 2023
Thai business group keeps 2023 growth forecast at 2. 5%-3. 0% - photo licensed by shore news network.

BANGKOK (Reuters) – Thailand’s economy is expected to grow 2.5% to 3.0% this year, unchanged from a previous forecast, a leading joint business group said …

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Thailand to lower 2023 growth forecast after weak Q3

November 27, 2023November 27, 2023
Thailand to lower 2023 growth forecast after weak q3 - photo licensed by shore news network.

BANGKOK (Reuters) – Thailand’s previous 2023 economic growth forecast of 2.7% will be lowered after a weaker-than-expected third quarter, Deputy Finance Minister Krisada Chinavicharana said …

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Brazil’s govt 2023 primary deficit forecast deteriorates, approaching fiscal target

November 22, 2023November 22, 2023
Brazil's govt 2023 primary deficit forecast deteriorates, approaching fiscal target - photo licensed by shore news network.

BRASILIA (Reuters) – Brazil’s government projections for its public accounts in 2023 have substantially worsened, with the deficit before interest expenses now nearing the annual …

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Nvidia shares drop as China worries overshadow stellar forecast

November 22, 2023November 22, 2023
Nvidia shares drop as china worries overshadow stellar forecast - photo licensed by shore news network.

By Arsheeya Bajwa and Chavi Mehta (Reuters) – Nvidia shares fell nearly 4% on Wednesday on fears that widening U.S. chip curbs would sap growth …

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American Eagle raises annual revenue forecast on strong holiday-season demand

November 21, 2023November 21, 2023
American eagle raises annual revenue forecast on strong holiday-season demand - photo licensed by shore news network.

(Reuters) – American Eagle Outfitters on Tuesday raised its annual revenue forecast, in a sign that demand for its apparel and accessories remained steady ahead …

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Bath & Body Works trims sales forecast as demand slows into holiday season

November 16, 2023
Bath & body works trims sales forecast as demand slows into holiday season - photo licensed by shore news network.

(Reuters) – Bath & Body Works lowered its annual sales forecast on Thursday on signs of slowing demand ahead of the crucial holiday season, as …

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JPMorgan ratchets up Israel’s 2024 budget deficit forecast

November 15, 2023
Jpmorgan ratchets up israel's 2024 budget deficit forecast - photo licensed by shore news network.

By Marc Jones LONDON (Reuters) -Israel’s war with Hamas in Gaza will lead to a larger-than- expected budget deficit next year, investment bank JPMorgan said …

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EU exec cuts euro zone 2023 growth forecast, sees rebound in 2024

November 15, 2023
Eu exec cuts euro zone 2023 growth forecast, sees rebound in 2024 - photo licensed by shore news network.

By Jan Strupczewski BRUSSELS (Reuters) – The euro zone economy will grow more slowly this year than previously expected, but will avoid a technical recession …

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Brazil’s Azul lowers 2023 earnings forecast but sees better 2024

November 14, 2023
Brazil's azul lowers 2023 earnings forecast but sees better 2024 - photo licensed by shore news network.

SAO PAULO (Reuters) – Brazilian airline Azul on Tuesday reduced its forecast for core earnings this year due to slower capacity growth and higher jet …

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Bank of Italy sticks to 0.7% 2023 GDP growth forecast despite expected weak Q4

November 13, 2023

ROME (Reuters) – Itay can still achieve economic growth of 0.7% this year despite an expected weak fourth quarter, the country’s central bank said on …

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Porsche SE expects net liquidity at year-end in upper forecast range

November 13, 2023November 13, 2023
Porsche se expects net liquidity at year-end in upper forecast range - photo licensed by shore news network.

BERLIN (Reuters) – Porsche SE said on Monday that net liquidity had improved to a deficit of 5.8 billion euros ($6.20 billion) as of the …

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Illumina cuts annual profit forecast for second straight quarter

November 9, 2023
Illumina cuts annual profit forecast for second straight quarter - photo licensed by shore news network.

(Reuters) – U.S. genetic testing Illumina on Thursday trimmed its annual profit forecast for the second straight quarter, hurt by weakness in demand for its …

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Honda posts 31% Q2 operating profit jump, raises full-year forecast

November 9, 2023November 9, 2023
Honda posts 31% q2 operating profit jump, raises full-year forecast - photo licensed by shore news network.

TOKYO (Reuters) -Japan’s Honda Motor posted a 31% increase in operating profit for the September quarter on Thursday, lifted by stronger sales in the United …

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Jewellery maker Pandora raises sales forecast after Q3 profit beat

November 8, 2023November 8, 2023
Jewellery maker pandora raises sales forecast after q3 profit beat - photo licensed by shore news network.

COPENHAGEN (Reuters) – Danish jewellery maker Pandora reported a smaller than expected drop in third-quarter profit on Wednesday as more shoppers came to its stores, …

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German industrial output falls further than forecast in September

November 7, 2023
German industrial output falls further than forecast in september - photo licensed by shore news network.

By Maria Martinez BERLIN (Reuters) -German industrial production fell more than expected in September, data showed on Tuesday, as a recent slump in incoming orders …

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Paramount narrows streaming loss forecast as investments peak

November 3, 2023
Paramount narrows streaming loss forecast as investments peak - photo licensed by shore news network.

(Reuters) – Paramount Global shares surged 10% on Friday, after the media company narrowed the 2023 loss forecast for its fast-growing streaming business as investments …

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Condom maker Church & Dwight lifts sales forecast again on steady demand, higher prices

November 3, 2023
Condom maker church & dwight lifts sales forecast again on steady demand, higher prices - photo licensed by shore news network.

(Reuters) – Church & Dwight lifted its annual net sales forecast for a third time this year on Friday, boosted by high prices as well …

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PayPal allays growth fears after raising annual profit forecast

November 1, 2023November 1, 2023
Paypal allays growth fears after raising annual profit forecast - photo licensed by shore news network.

By Manya Saini (Reuters) -PayPal Holdings raised its forecast for full-year adjusted profit above Wall Street estimates on Wednesday, with executives striking an optimistic tone …

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Mondelez treats investors with third annual forecast hike on firm demand

November 1, 2023
Mondelez treats investors with third annual forecast hike on firm demand - photo licensed by shore news network.

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 …

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Albemarle quarterly profit drops, forecast cut on falling lithium prices

November 1, 2023
Albemarle quarterly profit drops, forecast cut on falling lithium prices - photo licensed by shore news network.

(Reuters) – Albemarle, the world’s largest producer of lithium, posted a 66% drop in quarterly profit on Wednesday and cut its annual forecast, citing slipping …

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Apple’s holiday-quarter forecast faces threat from Huawei, weak China market

November 1, 2023
Apple's holiday-quarter forecast faces threat from huawei, weak china market - photo licensed by shore news network.

By Yuvraj Malik (Reuters) – Apple investors will have one big question when the world’s most valuable company reports earnings on Thursday – will Huawei’s …

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Hong Kong Q3 GDP up 4.1% on year, but lower than forecast

October 31, 2023October 31, 2023
Hong kong q3 gdp up 4. 1% on year, but lower than forecast - photo licensed by shore news network.

By Twinnie Siu and Donny Kwok HONG KONG (Reuters) -Hong Kong’s economic growth accelerated in the third quarter to 4.1% from a year earlier, official …

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Bottler Coca-Cola HBC sticks to annual forecast amid forex headwinds

October 31, 2023
Bottler coca-cola hbc sticks to annual forecast amid forex headwinds - photo licensed by shore news network.

By Radhika Anilkumar (Reuters) -Coca-Cola HBC maintained its annual profit and sales forecasts on Tuesday as strong demand for the bottler’s energy and coffee drinks …

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Wolfspeed jumps on upbeat quarterly forecast

October 30, 2023
Wolfspeed jumps on upbeat quarterly forecast - photo licensed by shore news network.

(Reuters) – Chipmaker Wolfspeed on Monday forecast a smaller-than-estimated second-quarter loss as it expects a boost to its business from a ramp-up in production at …

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Public Storage raises forecast for full-year revenue growth on higher occupancy

October 30, 2023October 30, 2023
Public storage raises forecast for full-year revenue growth on higher occupancy - photo licensed by shore news network.

(Reuters) – Public Storage on Monday raised its full-year outlook for revenue growth and core funds from operation (FFO) per share, on higher move-in volumes …

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Is New Jersey’s Brief Second Summer Over? Here’s This Week’s Weather Forecast

November 26, 2023October 30, 2023
The boardwalk in point pleasant new jersey on an autumn day

TRENTON, NJ – Even if it was just for a few days, the rain stopped, and the summer returned this weekend to New Jersey. Temperatures …

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Baker Hughes raises full year revenue forecast on demand for LNG equipment

October 26, 2023
Baker hughes raises full year revenue forecast on demand for lng equipment - photo licensed by shore news network.

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 …

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Whirlpool tempers annual profit forecast on slowing demand

October 25, 2023
Whirlpool tempers annual profit forecast on slowing demand - photo licensed by shore news network.

(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 …

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Data center firm Equinix trims annual revenue forecast on weak corporate spending

October 25, 2023
Data center firm equinix trims annual revenue forecast on weak corporate spending - photo licensed by shore news network.

(Reuters) – Data center company Equinix trimmed its annual revenue forecast on Wednesday on worries that a tough macroeconomic environment would prompt companies to scale …

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Invitation Homes trims annual core FFO forecast

October 25, 2023October 25, 2023
Invitation homes trims annual core ffo forecast - photo licensed by shore news network.

(Reuters) – Single-family rental giant Invitation Homes Inc on Wednesday trimmed its full-year core funds from operations (FFO) forecast, amid growing weakness in the real-estate …

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Cadence’s downbeat fourth-quarter forecast signals weakness in chip industry

October 23, 2023
Cadence's downbeat fourth-quarter forecast signals weakness in chip industry - photo licensed by shore news network.

(Reuters) – Cadence Design Systems forecast fourth-quarter revenue and adjusted profit below Wall Street estimates on Monday, as slower R&D spending by semiconductor firms navigating …

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New Jersey Weather Forecast Shows Showers Today Give Way to a Sunny Sunday

November 26, 2023October 21, 2023
New jersey weather forecast shows showers today give way to a sunny sunday - photo licensed by shore news network.

NEW JERSEY – Residents can expect a mixed bag of weather conditions over the weekend, according to the latest forecasts. Showers are likely mainly before …

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PPG Industries beats quarterly profit estimates, raises FY earnings forecast

October 18, 2023
Ppg industries beats quarterly profit estimates, raises fy earnings forecast - photo licensed by shore news network.

(Reuters) – PPG Industries on Wednesday beat Wall Street estimates for third-quarter profit and raised its full-year earnings outlook, as high sales volumes in the …

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Goldman Sachs lifts Europe Inc’s 2023 profit growth forecast to 3%

October 17, 2023
Goldman sachs lifts europe inc's 2023 profit growth forecast to 3% - photo licensed by shore news network.

(Reuters) – Goldman Sachs said on Tuesday it expects earnings for companies in the pan-European STOXX 600 index to grow 3% in 2023, compared with …

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UBS pushes out S&P 500 mid-2024 target forecast to year-end

October 16, 2023
Ubs pushes out s&p 500 mid-2024 target forecast to year-end - photo licensed by shore news network.

(Reuters) – UBS said it now expects the S&P 500 to hit 4,700 points only by December 2024, instead of the middle of the year …

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Canadian home sales fall for 3rd month; CREA lowers full-year forecast

October 13, 2023October 13, 2023
Canadian home sales fall for 3rd month; crea lowers full-year forecast - photo licensed by shore news network.

By Fergal Smith TORONTO (Reuters) -Canadian home sales fell for a third straight month in September and the industry group that produces the data downgraded …

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Italy central bank cuts GDP growth forecast for 2023 and 2024

October 13, 2023October 13, 2023
Italy central bank cuts gdp growth forecast for 2023 and 2024 - photo licensed by shore news network.

ROME (Reuters) – The Italian economy will grow by 0.7% in 2023 and by 0.8% next year, the country’s central bank said on Friday, revising …

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OPEC sticks to 2024 oil demand growth forecast

October 12, 2023
Opec sticks to 2024 oil demand growth forecast - photo licensed by shore news network.

By Alex Lawler LONDON (Reuters) – OPEC on Thursday stuck to its forecast for relatively strong growth in global oil demand in 2023 in 2024, …

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Brazil’s consumer prices forecast to have risen faster in Sept – Reuters poll

October 10, 2023October 10, 2023
Brazil's consumer prices forecast to have risen faster in sept - reuters poll - photo licensed by shore news network.

By Gabriel Burin (Reuters) – Brazil’s consumer prices likely rose faster in September, led by hikes in gasoline costs that should have brought annual inflation …

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IMF cuts Saudi Arabia’s growth forecast to 0.8% for 2023

October 10, 2023
Imf cuts saudi arabia's growth forecast to 0. 8% for 2023 - photo licensed by shore news network.

DUBAI (Reuters) – The International Monetary Fund further lowered its GDP growth forecast for Saudi Arabia for 2023 to 0.8% and estimated growth of 4% …

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IMF raises India’s FY24 GDP growth forecast to 6.3% – report

October 10, 2023October 10, 2023
Imf raises india's fy24 gdp growth forecast to 6. 3% - report - photo licensed by shore news network.

MUMBAI (Reuters) -India’s economic growth forecast for the current fiscal year has been raised to 6.3% from 6.1% earlier, the International Monetary Fund said in …

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IMF lowers Russia 2024 GDP growth forecast to 1.1%

October 10, 2023
Imf lowers russia 2024 gdp growth forecast to 1. 1% - photo licensed by shore news network.

(Reuters) – Russia’s economy will grow by 1.1% in 2024, slower than previously forecast, the International Monetary Fund said, after significant spending and resilient consumption …

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WTO halves 2023 goods trade growth forecast

October 5, 2023October 5, 2023
Wto halves 2023 goods trade growth forecast - photo licensed by shore news network.

GENEVA (Reuters) – The World Trade Organization halved its growth forecast for global goods trade this year, saying that persistent inflation, higher interest rates, a …

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Thai business group keeps 2023 growth forecast at 2.5%-3%

October 4, 2023October 4, 2023
Thai business group keeps 2023 growth forecast at 2. 5%-3% - photo licensed by shore news network.

BANGKOK (Reuters) – Thailand’s economy is expected to grow between 2.5% and 3.0% this year, a leading joint business group said on Wednesday, maintaining its …

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