Category Archives:
Turkey central bank hikes rates by 500 pts to 35%
ISTANBUL (Reuters) - Turkey's central bank raised its policy rate by 500 basis points to 35% on Thursday, as expected, tightening aggressively for a third straight month as it steps up efforts to rein...
Oct 26, 2023
Manchester United forecasts higher annual revenue after smaller quarterly loss
(Reuters) -Manchester United on Thursday forecast higher fiscal 2024 revenue after reporting a smaller fourth-quarter net loss as the English Premier League club benefited from an increase in ticket s...
Oct 26, 2023
Newmont misses quarterly profit estimates, Penasquito ramp-up underway
(Reuters) - Newmont Corp on Thursday fell short of Wall Street estimates for third-quarter profit, as the world's largest gold miner struggled with weak production. Denver, Colorado-based Newmont's qu...
Oct 26, 2023
Comcast beats revenue estimates amid streaming growth, broadband decline
By Helen Coster and Samrhitha A NEW YORK (Reuters) - Comcast on Thursday posted quarterly revenue that topped Wall Street estimates, bolstered by strong performance in streaming and theme parks, but a...
Oct 26, 2023
Bristol Myers says it needs another year to hit target for new drugs
By Michael Erman (Reuters) -Drugmaker Bristol Myers Squibb on Thursday pushed back by a year the time frame for its current new-product portfolio to hit $10 billion in sales as the ramp-up of new drug...
Oct 26, 2023
Lazard quarterly profit slumps 90% on dealmaking lull
(Reuters) - Lazard reported a 90% drop in third-quarter profit on Thursday, as the boutique investment bank's advisory business reeled from a prolonged slump in dealmaking activity. The company report...
Oct 26, 2023
Harley-Davidson profit hit by slowing demand
(Reuters) - Harley-Davidson Inc on Thursday reported a 24% fall in third-quarter profit as customers cut back on discretionary spending due to higher borrowing costs and inflationary pressures. The co...
Oct 26, 2023
Royal Caribbean raises annual profit forecast on steady demand
(Reuters) -Royal Caribbean Group raised its full-year profit forecast on Thursday, backed by higher ticket prices as well as steady demand from affluent customers for leisure travel. Shares of Miami, ...
Oct 26, 2023
Hershey beats quarterly sales estimates on higher pricing
(Reuters) -Hershey beat Wall Street expectations for quarterly sales on Thursday, riding on benefits from higher prices of its chocolates and candies. Shares of the 129-year-old company rose about 2% ...
Oct 26, 2023
Mobileye cuts annual revenue forecast as automakers look to ease production
(Reuters) - Mobileye Global lowered the upper end of its annual revenue forecast on Thursday, in a sign that slowing electric-vehicle production is likely to weigh on demand for its driver-assistance ...
Oct 26, 2023
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