Florida Department of Revenue Operating in New Jersey? Here’s Why
The Florida Department of Revenue (DOR), which oversees tax collection and compliance for the state, operates offices in six states outside Florida — including a location in New Jersey — as part…
Abortion Advocacy Groups Saw A Massive Revenue Spike As The Supreme Court’s Overturn Of Roe Unfolded, Tax Forms Show
Abortion Advocacy Groups Saw A Massive Revenue Spike As The Supreme Court’s Overturn Of Roe Unfolded, Tax Forms Show Robert Schmad on December 24, 2023 High-profile pro-abortion groups like Planned Parenthood Federation…
Paychex’s quarterly revenue growth slows on weak client spending
(Reuters) – Payroll services provider Paychex reported its slowest rise in quarterly revenue in over two years on Thursday, hurt by tepid spending by businesses and a slower pace of hiring, sending…
Netflix to squeak past Disney+ in US advertising revenue in 2024 – report
By Chavi Mehta (Reuters) – Netflix is set to pull ahead of Disney+ in the race for U.S. advertising dollars next year as price hikes and a password-sharing crackdown pull more viewers…
China’s Zeekr reveals revenue surge in updated financials ahead of US IPO
(Reuters) – China-based Zeekr Intelligent’s revenue nearly doubled in the first nine months of the year, the electric car brand revealed in its updated paperwork filed with the U.S. securities regulator on…
New Jersey’s Online Betting Gamble Has Paid Off with $7 Billion in Revenue in Ten Years
As New Jersey’s online casinos mark their 10th anniversary, their success story transcends simple narratives. Oddsseeker.com’s analysis highlights the remarkable achievements of this sector, a standout in the US gaming industry. In…
American Eagle raises annual revenue forecast on strong holiday-season demand
(Reuters) – American Eagle Outfitters on Tuesday raised its annual revenue forecast, in a sign that demand for its apparel and accessories remained steady ahead of the crucial holiday season. The company…
ChargePoint’s stock slumps to record low after revenue warning, executive changes
By Chibuike Oguh NEW YORK (Reuters) – ChargePoint Holdings’ stock slumped by nearly 38% to a record low on Friday after the electric vehicle (EV) charging network slashed its third quarter revenue…
Applied Materials forecasts upbeat first-quarter revenue on resilient demand
By Samrhitha A (Reuters) -Applied Materials forecast first-quarter revenue above analysts’ estimates on Thursday, but the company’s shares fell more than 7% after the bell following a report that the semiconductor equipment…
China’s fiscal revenue up in October amid tentative recovery
BEIJING (Reuters) – China’s fiscal revenue grew 2.6% in October from a year earlier, after a 1.3% fall in September, marking the first monthly growth since July, according to Reuters calculations based…
Israel’s Tower Semiconductor forecasts quarterly revenue decline, shares fall
(Reuters) – Israeli firm Tower Semiconductor forecast a decline in quarterly revenue on Monday as chip firms faced with a supply glut continue to correct inventory. U.S.-listed shares of the contract chipmaker…
Safety testing group UL Solutions reveals revenue jump in US IPO filing
(Reuters) – Safety testing group UL Solutions on Monday made public its paperwork for a U.S. initial public offering (IPO), disclosing a rise in revenue for the first nine months of the…
AMC beats quarterly revenue estimates on ‘Barbenheimer’ boost
(Reuters) – AMC Entertainment beat third-quarter revenue estimates on Wednesday, riding on the success of “Barbie” and “Oppenheimer” movies as volumes of theatrical releases also improved at the box office. Popular and…
Newly spun-off WK Kellogg beats revenue estimates on strong cereal demand
(Reuters) – WK Kellogg Co, the recently spun-off North American cereal business of Kellanova, beat Wall Street targets for third-quarter sales on Wednesday, as demand for its products withstood higher prices. Home…
BioNTech cuts 2023 revenue target on reduced prospects for vaccine
FRANKFURT (Reuters) – BioNTech has cut its 2023 revenue target by about 1 billion euros ($1.1 billion) on lower demand for the COVID-19 vaccine made with Pfizer but said the impact from…
Consolidated Edison beats Q3 profit estimates as electricity revenue climbs
(Reuters) – Utility firm Consolidated Edison on Thursday beat third-quarter profit estimates on higher earnings from its electricity segment. The company, which provides electricity in much of the New York City, had…
Peloton forecasts weak holiday-quarter revenue as demand slowdown bites
By Kannaki Deka (Reuters) -Exercise equipment maker Peloton Interactive Inc on Thursday forecast revenue below estimates for the all-important holiday quarter and posted a bigger-than-expected quarterly loss, as sticky inflation keeps discretionary…
Exelon Q3 revenue beats estimates on Illinois unit strength
(Reuters) – Exelon Corp reported third-quarter revenue that beat Wall Street expectations on Thursday, boosted by strong results in its units that serve customers in Illinois and Pennsylvania. The company said utility…
Fox Corp tops quarterly revenue estimates on growth in television segment
(Reuters) -Fox Corp beat first-quarter revenue estimates on Thursday, as it benefited from higher affiliate fees in its television segment that includes its news network. The Fox News parent posted quarterly revenue…
BorgWarner cuts 2023 revenue outlook due to weak yuan
(Reuters) – Auto parts supplier BorgWarner cut its full-year revenue forecast on Thursday as it expects to take a hit from foreign currency fluctuations, including a weakening Chinese yuan. Parts makers have…
Palantir projects revenue above estimates on demand for AI platform
By Arsheeya Bajwa and Chavi Mehta (Reuters) -Data analytics firm Palantir Technologies forecast fourth-quarter revenue above market estimates on Thursday, betting on strong demand for its new artificial intelligence platform from clients…
Airbnb forecasts fourth-quarter revenue below estimates on demand slowdown
By Priyamvada C and Doyinsola Oladipo (Reuters) -Airbnb forecast fourth-quarter revenue slightly below Wall Street estimates on Wednesday, as tourists scale back on travel due to rising costs, uncertain economic conditions and…
SolarEdge forecasts dour Q4 revenue as demand concerns loom; shares plunge
(Reuters) – SolarEdge Technologies on Wednesday forecast fourth-quarter revenue below Wall Street estimates on weak demand for its solar inverters, sending the company’s shares down 22.3% in extended trade. Growth for solar…
Cognizant forecasts quarterly revenue below estimates on weak corporate spending
(Reuters) – Cognizant Technology Solutions forecast fourth-quarter revenue below Wall Street estimates on Wednesday, as clients tighten their IT budgets in an uncertain economy, sending its shares down more than 3% in…
Public Storage raises forecast for full-year revenue growth on higher occupancy
(Reuters) – Public Storage on Monday raised its full-year outlook for revenue growth and core funds from operation (FFO) per share, on higher move-in volumes and improved occupancy in its self-storage facilities.…
Juniper Networks beats revenue estimates on strong enterprise spending
(Reuters) – Juniper Networks beat estimates for third-quarter revenue on Thursday as it benefited from higher network spending by cloud computing clients, sending its shares up 5% in extended trading. The results,…
Breaking News
