(Reuters) – TE Connectivity Ltd on Wednesday provided an upbeat forecast for second-quarter profit after reporting a better-than-expected quarterly profit, helped by component demand from electric vehicle makers. Shares of …
robust
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(Reuters) – Insurance brokerage Brown & Brown reported an 85% surge in fourth-quarter profit to $268.6 million on Monday, helped by higher commissions and fees alongside better investment returns. The …
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(Reuters) – Fastenal surpassed fourth-quarter profit and revenue estimates on Thursday, as higher demand from manufacturers for its onsite products boosted sales of its products, such as safety gloves, power …
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By Divya Chowdhury and Lisa Pauline Mattackal DAVOS, Switzerland (Reuters) – Initial public offering activity should recover in 2024 as borrowing costs come down and equity markets are less volatile, …
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(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 …
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(Reuters) – Global equity funds attracted substantial inflows in the week through Dec. 27 as data showed U.S. inflation cooled further in November, cementing expectations that the Federal Reserve would …
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By Cynthia Kim SEOUL (Reuters) – South Korea’s November factory output posted the fastest gain since May 2022 on soaring chip production, official data showed on Thursday. The industrial output …
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MEXICO CITY (Reuters) – U.S. Treasury Secretary Janet Yellen said on Thursday the U.S. Federal Reserve is performing strongly and that she was feeling very satisfied about the path that …
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By Gaurav Dogra and Patturaja Murugaboopathy (Reuters) – Asian equities attracted substantial foreign investment in November, signalling the prospects of continued inflows next year, bolstered by a decrease in U.S. …
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By Joanna Plucinska LONDON (Reuters) -EasyJet on Tuesday reported 2023 earnings slightly ahead of analysts’ expectations after a year of robust travel demand and forward bookings, but the British carrier …
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(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, …
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(Reuters) – Investors channelled substantial sums into global money market funds in the week leading to Nov. 1, seeking the safety of these assets ahead of pivotal policy decisions from …
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(Reuters) – MetLife on Wednesday reported a third-quarter profit that was above Wall Street expectations, as recovery in the U.S. markets boosted the insurer’s return from investments. Wall Street has …
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(Reuters) – U.S. defense contractor Leidos Holdings on Tuesday raised its full-year profit and revenue forecasts on the back of strong weapons demand amid rising geopolitical tensions. Defense companies have …
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TOKYO (Reuters) – Toyota Motor is expected to report a surge in third quarter profit on Wednesday and lift its full-year outlook as the Japanese automaker benefits from both robust …
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(Reuters) – Ratings agency Moody’s reported higher-than-expected profit in the third quarter on Wednesday, helped by strong demand for its research and analytics. The New York-based company saw robust demand …
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(Reuters) – Asset and wealth manager Northern Trust on Wednesday posted a smaller-than-expected drop in third-quarter profit as a rise in fee-based income cushioned the hit from a drop in …
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By David Lawder WASHINGTON (Reuters) – The International Monetary Fund on Tuesday significantly raised its 2023 growth forecast for Mexico to 3.2% from a 2.6% forecast issued in July, citing …
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DUBLIN (Reuters) – Irish service sector growth remained robust in July amid a strengthening in business sentiment and a slight easing in still high input and output cost pressures, a …
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(Reuters) – CME Group Inc reported a rise in its second-quarter profit on Wednesday, as traders turned to the exchange operator’s products to hedge against market volatility triggered by recession …
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By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korea’s SK Hynix said on Wednesday the memory chip market was beginning to recover from a deep downturn amid robust artificial …
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LONDON (Reuters) – U.S. Secretary of State Antony Blinken said he would set out a new assistance package for Ukraine on Wednesday at a conference aimed at encouraging private companies …
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By Kantaro Komiya TOKYO (Reuters) – Japan’s economy likely grew in January-March at the fastest pace in three quarters, as spending in the services sector offset soft business activity, a …
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SYDNEY (Reuters) – Australian business conditions remained sturdy in April, supported by robust sales and labour market strength despite high inflation and rising interest rates, while cost pressures were still …
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(Reuters) – Asia’s developing economies have seen “very robust” growth but face risks from tightening global financial conditions due to rapid U.S. and European interest rate hikes, Asian Development Bank …