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Valero kicks off US refiners’ earnings with quarterly profit beat
(Reuters) - Refiner Valero Energy Corp topped profit estimates on Thursday, as margins received a boost from sustained fuel demand and tight crude supplies. Refiners have been riding a wave of favorab...
Syndicated Content Apr 27, 2023
Mobileye lowers annual revenue forecast
(Reuters) - Mobileye Global Inc on Thursday lowered its forecast for annual revenue, hurt by increasing competition from start-ups as well as automakers developing their own driver-assistance products...
Syndicated Content Apr 27, 2023
India’s Wipro posts dip in Q4 profit
BENGALURU (Reuters) - Indian IT services provider Wipro Ltd on Thursday reported a dip in quarterly profit amid a turbulent macro-economic environment, while the company approved a share buyback. The ...
Syndicated Content Apr 27, 2023
Caterpillar’s Q1 profit rises on resilient demand, pricing
(Reuters) - Heavy machinery maker Caterpillar Inc on Thursday reported a rise in first-quarter profit as a boost in U.S. infrastructure spending kept its order books full and softened the hit from hig...
Syndicated Content Apr 27, 2023
Merck earnings better-than-expected on Keytruda, Gardasil strength
(Reuters) - Drugmaker Merck & Co on Thursday posted better-than-expected first-quarter results on the strength of its blockbuster cancer immunotherapy Keytruda and human papillomavirus (HPV) vaccine G...
Syndicated Content Apr 27, 2023
Hasbro beats first-quarter revenue estimates on gaming boost
(Reuters) - Hasbro Inc topped Wall Street expectations for quarterly revenue on Thursday, boosted by strong growth in the company's digital gaming segment at a time when demand for its toys has taken ...
Syndicated Content Apr 27, 2023
Futures rise on Meta forecast ahead of key earnings, economic data
(Reuters) - U.S. stock index futures rose on Thursday as an upbeat forecast from Meta Platforms lifted social media stocks, with investors looking forward to big-ticket earnings and key economic data....
Syndicated Content Apr 27, 2023
Exclusive-As Colombia moves to ban fracking, Exxon seeks to recover investment -sources
By Luis Jaime Acosta, Oliver Griffin and Sabrina Valle BOGOTA/HOUSTON (Reuters) - Exxon Mobil Corp is in talks with Colombia's government in hopes of recovering its investment in a fracking pilot proj...
Syndicated Content Apr 27, 2023
Analysis-World’s apparel, sneakers hub Vietnam struggles as US ban on Xinjiang cotton bites
By Francesco Guarascio and Khanh Vu HANOI (Reuters) - Tighter U.S. rules to ban imports from China's Xinjiang are compounding pressure on Vietnam's apparel and footwear makers, hitting a sector that h...
Syndicated Content Apr 27, 2023
Toyota Tsusho fears other countries may follow Chile and curb raw minerals exports
By Yuka Obayashi TOKYO (Reuters) - Japanese trading house Toyota Tsusho Corp is concerned that there may be more moves by countries like Chile to restrict exports of raw minerals such as lithium, its ...
Syndicated Content Apr 27, 2023
Peoria, IL, USA
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