NJ weekend forecast promises ideal beach weather at the Jersey Shore
Atlantic City, NJ – The sun will take center stage this weekend at the Jersey Shore, setting up a stretch of weather made for boardwalk strolls, beach chairs, and ocean dips. Today…
Weekend Beach and Weather Forecast: Mixed Skies Over Ocean City
Ocean City, MD – Today in Ocean City, there is a slight chance of morning showers before 8am and a minor chance of showers and thunderstorms after 2pm. Skies will be partly…
Weekend Beach and Weather Forecast: Pleasant Conditions at Rehoboth Beach, DE
Rehoboth Beach, DE – Today at Rehoboth Beach, any patchy morning fog is expected to dissipate by 9am. The rest of the day will be partly sunny with a high temperature near…
Weekend Weather Forecast: Mostly Sunny Skies Over Philadelphia
Today in Philadelphia, patchy fog is expected to clear by 10am. The rest of the day will be mostly sunny with a high temperature near 87 degrees. Winds will come from the…
New Jersey Weekend Forecast: Rain to Give way to Sunny Weekend
TOMS RIVER, NJ – The coming days at the Jersey Shore will see a mix of weather conditions, with scattered showers and thunderstorms on the horizon, transitioning into a clearer weekend. Today’s…
Gap shares jump as investors focus on profit beat over weak forecast
(Reuters) – Shares of Gap climbed as much as 8% on Friday, after the apparel retailer’s quarterly profit beat indicated that the Old Navy parent’s cost cuts were paying off even as…
Thai exports drop more than forecast in July, seen rising in Q4
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) – Thai exports shrank for a 10th consecutive month in July, and by a far bigger rate than expected, as global demand remains sluggish,…
Nvidia short sellers lose $826 million as stock jumps after strong forecast
(Reuters) – Investors with short position on Nvidia lost $826 million in mark-to-market losses on Thursday, data from analytics firm S3 Partners showed, as the world’s largest chipmaker’s shares surged after a…
Analog Devices says working to restore supply-demand balance after weak forecast
(Reuters) -Analog Devices forecast fourth-quarter revenue below Wall Street estimates on Wednesday, but said it was working to manage the supply glut to return to growth more quickly in the coming quarters.…
NJ Forecast: Mild and Sunny Day Down the Shore on Wednesday
POINT PLEASANT BEACH, NJ – On Wednesday at the New Jersey Shore, the forecast is for sunny weather, with a high near 77 degrees and a northeast wind around 10 mph. Wednesday…
China’s Xpeng falls on dull forecast as EV price war takes toll
(Reuters) – Xpeng on Friday forecast third-quarter revenue below analysts’ expectations and reported a hit to margins following an inventory writedown, sending its U.S.-listed shares down 7% before the bell. The Chinese…
Colombia’s Grupo Aval cuts 2023 loan forecast after ‘exorbitant costs’
By Sarah Morland and Marion Giraldo (Reuters) – Colombian financial conglomerate Grupo Aval on Thursday cut its 2023 loan growth forecast and hiked its cost of risk estimate, a day after it…
JPMorgan ramps up EM default rate forecast amid China property woes
By Marc Jones LONDON (Reuters) -JPMorgan ramped up its 2023 global emerging market corporate high yield (HY) default rate forecast to 9.7% from 6% on Tuesday following the latest wave of problems…
Carlsberg lifts 2023 profit forecast on solid first-half
COPENHAGEN (Reuters) – Danish brewer Carlsberg on Tuesday lifted its profit guidance for the full year after a “solid business performance” in the first half of the year. The world’s third-biggest brewer…
Rainy Forecast Gives Way to Partly Sunny Day with Chance of Showers
BEACH HAVEN, NJ – Residents and visitors along the Jersey Shore should be prepared for unsettled weather, as the forecast promises a mixture of showers and possible thunderstorms in the coming days.…
South Korea think-tank raises inflation forecast on higher energy prices
SEOUL (Reuters) – A South Korean government think-tank revised its annual inflation projection upwards on Thursday, citing the recent rise in energy prices, although it said the need for interest rate hikes…
Japan’s Kobe Steel raises annual profit forecast to record $840 million
TOKYO (Reuters) – Japan’s Kobe Steel raised its net profit forecast for the current fiscal year to a record high of 120 billion yen ($839 million) on expected higher selling prices and…
NatWest cuts forecast peak for BoE rates to 5.5% from 6%
LONDON (Reuters) – NatWest Markets cut its forecast for the peak in Bank of England interest rates to 5.5% after the BoE’s announcement of a latest rate hike and new guidance on…
Emerson raises fiscal 2023 forecast on demand for industrial automation
(Reuters) – U.S. engineering and industrial software firm Emerson on Wednesday raised its fiscal 2023 forecast, as companies increase spending on automation in response to a tight labor market. The company’s shares…
VF Corp cuts annual revenue forecast on cooling North America demand
VF Corp cut its annual revenue forecast on Tuesday, signaling a slowdown in demand for its apparel and sneakers from price-conscious consumers, especially in North America. With the Federal Reserve further raising…
Molson Coors bumps up annual forecast on strong demand for premium beers
(Reuters) – Molson Coors Beverage on Tuesday raised its annual sales and profit forecasts, boosted by strong demand for its core brands Miller Lite and Coors Light. The brewer joins rivals Anheuser-Busch…
Tenet Healthcare lifts profit forecast, bets on rebound in surgical procedures
(Reuters) – Tenet Healthcare Corp on Monday raised its annual profit forecast after a strong second quarter, betting on a recovery in surgical procedure volumes, sending its shares up 3% in extended…
Enphase Energy slumps as lukewarm US demand weighs on revenue forecast
(Reuters) -Shares of Enphase Energy slumped nearly 11% on Friday, after the solar inverter maker’s third-quarter revenue target fell well short of analyst estimates due to weak demand. Appetite for solar equipment…
Keurig Dr Pepper beats sales estimates, posts strong forecast on higher prices
(Reuters) – Keurig Dr Pepper Inc beat Wall Street estimates for quarterly results on Thursday and forecast higher annual sales, as the soda maker benefits from multiple rounds of price hikes that…
New Forecast Says The 2024 Election Will Come Down To These Four States
New Forecast Says The 2024 Election Will Come Down To These Four States Mary Lou Masters on July 27, 2023 A new political forecast released Thursday argues that the 2024 general election…
Building materials supplier Martin Marietta raises 2023 core earnings forecast
(Reuters) – Martin Marietta Materials beat quarterly profit estimates and raised its full-year adjusted core earnings forecast on Thursday, helped by higher spending across infrastructure and non-residential structures. The Biden administration’s Infrastructure…
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