Unilever hoping for higher Europe ice cream sales but weather a worry
By Richa Naidu LONDON (Reuters) – Unilever, which makes Ben & Jerry’s and Magnum ice creams, said on Tuesday that it hopes to sell more ice cream in Europe this…
By Richa Naidu LONDON (Reuters) – Unilever, which makes Ben & Jerry’s and Magnum ice creams, said on Tuesday that it hopes to sell more ice cream in Europe this…
(Reuters) – PulteGroup Inc beat Wall Street estimates for second-quarter profit and revenue on Tuesday, as strong demand for affordable housing and tight resale inventory boosted new home sales. Existing…
(Reuters) – PPG Industries raised its full-year profit forecast on Thursday after beating second-quarter profit estimates as strong prices helped the industrial coatings maker offset lower demand. While overall sales…
(Reuters) – Consumer lender Capital One Financial reported a second-quarter profit on Thursday that beat analysts’ estimates, helped by higher income from borrowers following a rise in benchmark lending rates.…
(Reuters) – KeyCorp reported on Thursday a bigger-than-expected 50% fall in quarterly profit, as it set aside more rainy day funds amid growing economic uncertainties. Shares of the company fell…
By Arshreet Singh (Reuters) – Major North American copper miners are likely to report a fall in second-quarter profits, as global growth concerns dented realized prices for the red metal…
(Reuters) – M&T Bank Corporation beat Wall Street estimates for second-quarter profit on Wednesday, as the U.S. Federal Reserve’s rapid rate hikes to tame inflation boosted the lender’s interest income.…
(Reuters) – Bank of New York Mellon Corp beat Wall Street targets for second-quarter profit on Tuesday as the U.S. Federal Reserve’s aggressive policy tightening boosted income earned from interest…
California University Employees Threaten To Revamp Largest Strike In Higher Ed History Brandon Poulter on July 13, 2023 University of California (UC) system employees are considering another walkout after settling…
By David Lawder WASHINGTON (Reuters) – The U.S. government posted a $228 billion budget deficit for June, up 156% from a year earlier as revenues continued to weaken and July…
By Safiyah Riddle (Reuters) – U.S. small businesses are paying the most for loans in 16 years as borrowing costs have skyrocketed under the Federal Reserve’s aggressive interest rate hikes,…
By Fabian Cambero SANTIAGO (Reuters) – Now that Chile has passed an increase in mining royalties, copper miners are pushing for incentives to keep investing in production of the metal…
Americans’ Confidence In Higher Education Plummets To New Lows Brandon Poulter on July 11, 2023 U.S. adults’ confidence in higher education is hitting new lows, according to a Tuesday Gallup…
By David Milliken LONDON (Reuters) -The Bank of England may have to keep interest rates high for an extended period if inflation pressures persist, and it was right to raise…
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Investors are piling into bullish options bets on the shares of Rivian Automotive, with some market participants saying the buying has helped…
By Milounee Purohit and Anant Chandak BENGALURU (Reuters) – India’s inflation likely snapped a four-month decline in June as food prices surged, a Reuters poll of economists found, making a…
(Reuters) – Goldman Sachs said rising usage of electric vehicles (EV) was a “key pillar of copper’s bullish story”, forecasting copper demand from the sector to amount to 1 million…
PETER ROFF And GORDON JONES: One Easy Fix To Un-Woke Higher Education Peter Roff and Gordon Jones on July 5, 2023 The call for revisions to the process of accrediting…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The cold reality of ‘higher for longer’ interest rates that…
(Reuters) – Delta Air Lines said on Tuesday it expects full-year profit per share at the high-end of its prior forecast on sustained travel demand. The company earlier said it…
(Reuters) – KB Home on Wednesday posted a 3% rise in its quarterly revenue, helped by strong demand amid tight supply of homes. Shares of the U.S. homebuilder rose about…
CARTER And GILMORE: Biden Wants Higher Taxes And More Spending. We Have A Better Idea James Carter and Jim Gilmore on June 17, 2023 Having resolved the latest federal debt…
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Shares of U.S.-listed Chinese exchange traded funds edged higher on Thursday, tracking gains in the Chinese markets after the central bank cut…
Republican Senators Introduce Massive Education Package Targeting Higher Education Costs, Loan Debt Reagan Reese on June 14, 2023 Several Republican senators introduced an education package of five bills on Wednesday…
Red State Gov Signs Bill Banning Diversity Offices, Initiatives At Higher Education Institutions Reagan Reese on June 14, 2023 Republican Texas Gov. Greg Abbott signed a piece of legislation into…