By Mathieu Rosemain PARIS (Reuters) – Amundi, Europe’s biggest fund manager, posted better-than-expected quarterly net inflows on Friday as investors’ appetite for risk-averse products underpinned a 1.9% yearly growth in…
(Reuters) – Liftmaker Otis Worldwide posted second-quarter revenue and profit above analysts’ estimates on Wednesday, fueled by sustained demand for escalators and elevators in residential and commercial projects. The Connecticut-based…
(Reuters) – PACCAR Inc beat market estimates for second-quarter profit and sales, helped by strong demand for its trucks and aftermarket parts. A strong freight market and a focus on…
(Reuters) – Dow Inc reported a lower second-quarter profit on Tuesday, hurt by lower prices of its products and weak sales volumes. Manufacturing activity in the United States and Europe…
(Reuters) – Regions Financial’s second-quarter profit met Wall Street estimates on Friday, as higher interest income offset the drag from bigger provisions. Lenders have earned more in interest income, thanks…
(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…
By Noel Randewich (Reuters) – China’s frail growth could weigh on companies with exposure to the world’s second-largest economy, including Apple, big chipmakers and luxury retailers as they report quarterly…
By Akash Sriram (Reuters) – Tesla’s strategy to boost sales through price cuts is likely to have powered its strongest revenue growth in five quarters while dragging down margins to…
(Reuters) – Goldman Sachs will report its worst quarterly earnings in years next week, with a return on equity in the low single digits, Semafor reported on Thursday citing people…
(Reuters) – Cintas Corp beat quarterly profit and revenue expectations on Thursday, helped by demand for its pricier rental uniforms across segments and easing input costs pressures. Shares of the…
(Reuters) – General Motors on Wednesday reported a 19% rise in second-quarter U.S. auto sales as easing supply chain pressures allowed the automaker to ship more cars and trucks to…
By Hyunjoo Jin and Akash Sriram SAN FRANCISCO (Reuters) – Tesla is set to report record vehicle deliveries, after the top electric vehicle maker increased discounts and other incentives to…
SHANGHAI (Reuters) – Tesla is set to hit another record quarter with its China sales while it faces mounting pressure from local competitors such as BYD eating into its share…
(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…
By Samrhitha A (Reuters) – Adobe Inc surpassed Wall Street estimates for quarterly results and forecast on Thursday as the Photoshop maker’s efforts to drive up demand with generative artificial…
(Reuters) – Hewlett Packard Enterprise Co missed Wall Street estimates for second-quarter revenue on Tuesday, as clients scale down spending on tech, including cloud services, amid an economic slowdown. Shares…
SAO PAULO (Reuters) – Brazilian financial technology firm PagSeguro Digital on Thursday posted a better-than-expected 6% increase in its first-quarter profit, which the company said was boosted by payment processing…
(Reuters) – Bank of Montreal’s second-quarter profit jumped as higher interest rates shored up the lender’s net interest income, the Canadian bank said on Wednesday. Net income excluding one-off items…
(Reuters) – Bath & Body Works Inc beat first-quarter profit expectations on Thursday, as higher product prices outweighed cost pressures and a slowdown in demand, sending its shares up over…
(Reuters) – TuSimple Holdings Inc said on Thursday it had received a delisting notice from the Nasdaq for failing to file its quarterly report on time, sending its shares tumbling…
(Reuters) – International Flavors & Fragrances cut its annual sales forecast and reported a quarterly loss on Monday, compared with a year-ago profit, as soaring inflation raises its costs. The…
(Reuters) – Smartwatch and navigation equipment maker Garmin Ltd topped first-quarter revenue estimates on Wednesday, boosted by strong growth in its businesses catering to the aviation and marine industries. Garmin’s…
(Reuters) -Canadian retailer Loblaw Companies Ltd on Wednesday reported first-quarter sales rose 6%, helped by strong demand for essential goods including groceries and drugs. Retailers industry-wide have lately been relying…
(Reuters) – Canadian miner Barrick Gold Corp beat Wall Street expectations for first-quarter profit on Wednesday, as higher prices of the metal outweighed a decline in production. Average prices of…
SAO PAULO(Reuters) -Carrefour Brasil reported a first quarter net loss of 113 million reais ($22.39 million), hit by high investment costs at its acquired food retailer Grupo BIG, the company…