New Jersey lifts fire restrictions statewide following heavy rainfall
TRENTON, N.J. — The New Jersey Forest Fire Service announced Thursday that statewide fire restrictions have been lifted after substantial overnight rainfall reduced fire risks across the region. Fire danger ratings in…
X lifts ban on Taylor Swift searches after spread of fake explicit images
(Reuters) -Social-media company X lifted the ban on searches for Taylor Swift Monday evening, after blocking users from searching for her following the spread of fake sexually-explicit images of the pop singer…
Lower inflation lifts UK consumer sentiment to two-year high – GfK
By Suban Abdulla LONDON (Reuters) – British consumers are their most confident since January 2022 as lower inflation helped them to feel better about their finances, a survey showed on Friday, welcome…
Marketmind: Global cheer lifts that Friday feeling
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. The stars are aligned for Asian markets to end the week with a bang – Chinese stocks are…
UBS lifts 2024 year-end S&P 500 target to 5,150, tops big banks
(Reuters) – UBS Global Research increased its year-end target for the S&P 500 on Tuesday to 5,150, marking the highest projection among major global banks and indicating a potential 8% upside from…
Marketmind: Apple gets pipped, Uniqlo lifts the Nikkei
A look at the day ahead in European and global markets from Kevin Buckland Two big stock stories are grabbing investor attention: Apple’s slip behind Microsoft as the world’s most valuable company,…
Wells Fargo Investment Institute bets on rate cuts, lifts 2024 S&P 500 target
(Reuters) – Wells Fargo Investment Institute (WFII) boosted its 2024 year-end target for the S&P 500, citing an improved economic outlook and expectations of interest-rate cuts through the year. The institute expects…
Abercrombie & Fitch lifts holiday sales forecast on robust demand
(Reuters) -Abercrombie & Fitch on Monday raised its forecast for fourth-quarter and annual net sales, after strong demand for its apparel brands during the key holiday shopping period. The company and Lululemon…
China lifts policy bank loans, raising housing support expectations
BEIJING (Reuters) -China’s central bank made 350 billion yuan ($49.1 billion) in loans to policy banks through its pledged supplementary lending (PSL) facility in December, data showed, fuelling expectations of increased support…
Nigerian central bank lifts ban on crypto trading
LAGOS (Reuters) – Nigeria’s central bank has lifted a ban on transacting in cryptocurrencies, while saying global trends had shown a need to regulate such activities, the bank said in its latest…
Japan government lifts economic growth estimates
TOKYO (Reuters) – Japan’s government on Thursday slightly raised its economic growth projections for this fiscal year from its previous estimates, as external demand is likely to more than offset weak domestic…
Dollarama lifts sales forecast on steady demand for discounted goods
(Reuters) -Dollarama lifted its annual sales forecast on Wednesday, encouraged by strong demand for its household essentials and groceries as inflation-hit consumers turned to discount stores. Consumers grappling with high interest rates…
Ross Stores lifts annual profit view on cooling freight, robust off-price demand
(Reuters) – Ross Stores raised its annual earnings forecast after topping third-quarter sales and profit expectations on Thursday, helped by robust demand at its discount outlets and easing freight costs, sending its…
GKN Aerospace-owner Melrose lifts 2023 profit expectations
(Reuters) – British aerospace supplier Melrose said on Thursday it expected 2023 profit to be 7% higher than its previous expectations, partly driven by stronger aftermarket demand and improved pricing. The owner…
Condom maker Church & Dwight lifts sales forecast again on steady demand, higher prices
(Reuters) – Church & Dwight lifted its annual net sales forecast for a third time this year on Friday, boosted by high prices as well as strong demand for its household and…
Bunge lifts 2023 outlook as vegoils fuel profit beat; shares rally
By Karl Plume CHICAGO (Reuters) -Global crop trader and processor Bunge lifted its 2023 outlook on Thursday after its third-quarter profit topped Wall Street expectations, though earnings were lower year-on-year. Solid crushing…
Goldman Sachs lifts Europe Inc’s 2023 profit growth forecast to 3%
(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 its prior projection of no growth, on…
IMF lifts Latam, Caribbean 2023 GDP growth estimate to 2.3%
(Reuters) – The International Monetary Fund raised its 2023 output growth estimate for Latin America and the Caribbean to 2.3% from July’s 1.9% due to faster expected growth in Brazil and Mexico,…
Spice maker McCormick lifts profit forecast as higher prices cushion weaker demand
(Reuters) – McCormick on Tuesday raised its annual profit forecast as it expects higher prices for its spices and condiments to make up for slowing demand and a sluggish recovery in China…
S&P lifts SoftBank’s credit outlook to positive on Arm IPO
By Anton Bridge TOKYO (Reuters) -S&P Global Ratings revised its credit outlook for Japanese technology investor SoftBank Group to positive from stable after the initial public offering (IPO) of British chip designer,…
BofA lifts S&P 500 2023-end target by 7%, led by “old economy” stocks
(Reuters) – BofA Global Research said on Wednesday it expects the S&P 500 to end 2023 nearly 7% higher than it previously forecast, and that “old economy” stocks on the blue-chip index…
Gallagher’s All-Around Performance Lifts Middletown South Over Wall
MIDDLETOWN, NJ – Colin Gallagher put on a stellar all-around performance to lead Middletown South to a 35-29 victory over Wall on Friday night, improving their season record to 2-1. Middletown South…
Marketmind: Asia mood lifts as China’s small steps add up
A look at the day ahead in European and global markets from Wayne Cole Asian stocks have extended last week’s rally, led by China shares, amid talk that all of Beijing’s small…
Moody’s lifts 2023 U.S. growth forecast, cuts China’s for 2024
By Marc Jones LONDON (Reuters) – Credit rating agency Moody’s raised its 2023 U.S. economic growth forecast on Friday but cut its estimate next year for China, saying that while the risk…
CrowdStrike lifts forecast for annual revenue, profit on resilient cybersecurity demand
(Reuters) – CrowdStrike Holdings on Wednesday raised its full-year outlook and forecast third-quarter revenue and profit above market estimates, as more clients turn to its integrated cybersecurity offerings to combat rising digital…
Jif peanut butter maker J.M. Smucker lifts profit forecast on higher prices, lower costs
(Reuters) – Jif peanut butter maker J.M. Smucker on Tuesday raised its annual profit forecast on higher prices of its jams, jellies and pet food products as well as moderating costs of…
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