(Reuters) – PPG Industries Inc on Thursday surpassed street estimates, as the industrial coatings supplier accelerated its margin recovery on the back of higher prices and sales volumes, and forecast …
forecasts
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- Business News
GSK-spinoff Haleon forecasts 2023 organic revenue growth at top-end of view
by Reutersby Reuters(Reuters) – Consumer healthcare group Haleon expects 2023 organic revenue growth towards the upper end of its 4%-6% forecast, it said on Thursday, on strong demand and the restocking of …
- Business News
Morgan Stanley, Deutsche and others raise UK rate-hike forecasts
by Reutersby ReutersLONDON (Reuters) – A number of banks including Morgan Stanley and Deutsche Bank on Wednesday revised upward expectations for further UK interest rate hikes as a second straight day of …
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By Tetsushi Kajimoto and Kaori Kaneko TOKYO (Reuters) – The Bank of Japan is considering a projection for consumer prices for the 2025 fiscal year to rise 1.6-1.9%, the Jiji …
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COPENHAGEN (Reuters) -Denmark’s government on Thursday proposed tightening public spending to try to ease inflation as it predicted prices would rise 3.9% this year. “The most important aim of this …
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(Reuters) – Goldman Sachs lowered its crude price forecast for this year and 2024, citing a recent slump in oil prices due to banking stress, recession fears, and an exodus …
- Business News
Trulieve forecasts dour first-quarter revenue amid slowing demand
by Reutersby ReutersBy Sourasis Bose (Reuters) -Trulieve Cannabis Corp on Wednesday forecast sequentially lower first-quarter revenue after reporting quarterly results that missed market expectations, as demand for cannabis-related products dropped amid regulatory …
- Business News
Barclays cuts 2023 oil price forecasts on resilient Russian output
by Reutersby Reuters(Reuters) – Barclays cut its 2023 oil price forecasts on Wednesday, due in part to more resilient output from Russia than expected, and said the market could flip into a …
- Business News
Canadian $ forecasts stay upbeat as analysts eye global recovery: Reuters poll
by Reutersby ReutersBy Fergal Smith TORONTO (Reuters) – Analysts are sticking to their forecasts for a stronger Canadian dollar over the coming year, expecting an improved global economy and less central bank …
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FRANKFURT (Reuters) – German container shipper Hapag-Lloyd on Thursday posted a record profit of 17 billion euros ($18.08 billion) for 2022, 88% more than a year earlier, but said uncertainty …
- Business News
Bond strategists ratchet up U.S. Treasury yield forecasts: Reuters Poll
by Reutersby ReutersBy Hari Kishan BENGALURU (Reuters) – Bond strategists have boosted their U.S. benchmark Treasury yield forecasts only a month after taking an axe to them, as the chances of an …
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(Reuters) – Beyond Meat Inc on Thursday forecast full-year revenue above market estimates, on the back of demand for its plant-based meat products such as patties, sausages and meatballs at …
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MADRID (Reuters) – Spain’s Telefonica forecast steady revenue and earnings growth for 2023, sending the telecom firm’s shares higher on Thursday after it posted on-target numbers for last year. Telefonica …
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(Reuters) -CoStar Group said on Tuesday it was no longer in talks to buy Realtor.com owner Move Inc from News Corp and forecast disappointing first-quarter revenue that sent its shares …
- Business News
Peru’s GDP growth misses forecasts in December as unrest simmers
by Reutersby ReutersLIMA (Reuters) – Peru’s economy slowed down for the second month in a row, missing forecasts for the last month of 2022, figures from the national statistics institute showed on …
- Business News
Newell Brands CEO Saligram to retire; forecasts 2023 results below estimates
by Reutersby Reuters(Reuters) – Newell Brands Inc said its top boss Ravi Saligram will retire effective May 16 and forecast annual results below analysts’ estimates, sending the Sharpie maker’s shares down 11% …
- Business News
U.N. aviation agency forecasts rapid growth in passenger demand in 2023
by Reutersby ReutersOTTAWA (Reuters) – The United Nations’ aviation agency on Wednesday forecast global air passenger demand in 2023 will rapidly recover to pre-pandemic levels on most routes by the first quarter …
- US and World News
Biden’s departing top aide Klain forecasts president to run again in 2024
by Reutersby ReutersWASHINGTON (Reuters) – Ron Klain, President Joe Biden’s chief of staff, predicted on Wednesday that Biden would run for re-election in 2024, in remarks as Klain prepared to step down …
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By Manas Mishra and Michael Erman (Reuters) – Clarity from Pfizer Inc this week on whether China’s relaxation of its Zero-COVID policy and the surge in infections there will lead …
- Business News
Bond strategists take axe to U.S. Treasury yield forecasts: Reuters poll
by Reutersby ReutersBy Hari Kishan BENGALURU (Reuters) – U.S. Treasury yields a year from now are forecast to trade sharply lower than the level expected by bond strategists polled by Reuters just …
- Business News
Congressional Budget Office to issue debt limit, budget forecasts on Feb. 15
by Reutersby ReutersBy David Lawder WASHINGTON (Reuters) – The Congressional Budget Office (CBO) said on Wednesday that it plans to release its 2023 baseline budget and economic forecast on Feb. 15, along …
- Business News
Argentina government aims to undershoot inflation forecasts in December
by Reutersby ReutersBy Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s inflation is expected to rise 5.2% in December, according to the median response from a Reuters poll of analysts, though the government …
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By Marc Jones LONDON (Reuters) – Morgan Stanley has bumped up its China growth, stock market and yuan forecasts again, becoming the latest Wall Street heavyweight to do so as …
- Business News
BOJ considering raising inflation forecasts to near 2% target -Nikkei
by Reutersby Reuters(Reuters) -The Bank of Japan (BOJ) is considering raising its inflation forecasts in January to show price growth close to its 2% target in fiscal 2023 and 2024, Nikkei reported …
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KUALA LUMPUR (Reuters) – Malaysia’s Prime Minister Anwar Ibrahim on Tuesday said the country’s gross domestic product this year was very likely to exceed earlier projections of between 6.5% and …