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Tag:

forecasts

  • Business News

    PPG Industries exceeds profit expectations, forecasts strong FY earnings

    by Reuters April 20, 2023
    by Reuters April 20, 2023

    (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 …

  • Business News

    GSK-spinoff Haleon forecasts 2023 organic revenue growth at top-end of view

    by Reuters April 20, 2023
    by Reuters April 20, 2023

    (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 Reuters April 19, 2023
    by Reuters April 19, 2023

    LONDON (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 …

  • Business News

    BOJ forecasts FY2025 CPI to rise 1.6-1.9% – Jiji

    by Reuters April 17, 2023
    by Reuters April 17, 2023

    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 …

  • Business News

    Danish government proposes tight spending to fight inflation

    by Reuters March 23, 2023
    by Reuters March 23, 2023

    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 …

  • Business News

    Factbox-Goldman Sachs lowers oil price forecasts for 2023, 2024

    by Reuters March 20, 2023
    by Reuters March 20, 2023

    (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 Reuters March 8, 2023
    by Reuters March 8, 2023

    By 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 Reuters March 8, 2023
    by Reuters March 8, 2023

    (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 Reuters March 3, 2023
    by Reuters March 3, 2023

    By 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 …

  • Business News

    Hapag-Lloyd forecasts big drop off after record 2022 profit

    by Reuters March 2, 2023
    by Reuters March 2, 2023

    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 Reuters February 24, 2023
    by Reuters February 24, 2023

    By 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 …

  • Business News

    Beyond Meat forecasts 2023 revenue above market expectations

    by Reuters February 23, 2023
    by Reuters February 23, 2023

    (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 …

  • Business News

    Telefonica hits earnings targets, forecasts steady growth

    by Reuters February 23, 2023
    by Reuters February 23, 2023

    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 …

  • Business News

    CoStar ends talks to buy Move Inc, posts weak profit forecast

    by Reuters February 21, 2023
    by Reuters February 21, 2023

    (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 Reuters February 15, 2023
    by Reuters February 15, 2023

    LIMA (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 Reuters February 10, 2023
    by Reuters February 10, 2023

    (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 Reuters February 8, 2023
    by Reuters February 8, 2023

    OTTAWA (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 Reuters February 1, 2023
    by Reuters February 1, 2023

    WASHINGTON (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 …

  • Business News

    Paxlovid sales forecasts may change with Pfizer view on China

    by Reuters January 30, 2023
    by Reuters January 30, 2023

    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 Reuters January 27, 2023
    by Reuters January 27, 2023

    By 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 Reuters January 25, 2023
    by Reuters January 25, 2023

    By 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 Reuters January 12, 2023
    by Reuters January 12, 2023

    By 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 …

  • Business News

    Morgan Stanley bumps up China growth, stocks and yuan forecasts

    by Reuters January 10, 2023
    by Reuters January 10, 2023

    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 Reuters December 31, 2022
    by Reuters December 31, 2022

    (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 …

  • Business News

    Malaysia’s 2022 GDP growth very likely to beat forecasts – PM

    by Reuters December 20, 2022
    by Reuters December 20, 2022

    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 …

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