Category Archives:
PACCAR overtakes analyst estimates on trucks, aftermarket parts demand
(Reuters) - Truckmaker PACCAR Inc on Tuesday beat first-quarter profit and revenue estimates as demand for its truck models and aftermarket parts remained strong, boosted by customers looking to repla...
Apr 25, 2023
UK financial sector will be largely cut off from EU for years, EU lawmakers told
By Huw Jones LONDON (Reuters) - The long-delayed forum for European Union and British financial regulators won't reopen the door for London's financial centre to the bloc, EU lawmakers were told on Tu...
Apr 25, 2023
Crypto group DCG says bankrupt unit Genesis’ creditors renege on deal
(Reuters) - Digital Currency Group (DCG) said on Tuesday some creditors of its bankrupt unit Genesis Capital have decided to walk away from a prior restructuring agreement for the cryptocurrency lende...
Apr 25, 2023
Apple supplier Corning rides on price hikes to beat profit estimates
(Reuters) - Specialty glass maker Corning Inc beat profit estimates for the first quarter on Tuesday as price hikes more than made up for higher raw material costs and a demand slowdown. Shares of the...
Apr 25, 2023
Kimberly-Clark lifts 2023 profit forecast on higher prices
(Reuters) - Kimberly-Clark Corp raised its full-year profit forecast on Tuesday as consistent price hikes helped the company post better-than-expected sales in the first quarter, despite weak volumes ...
Apr 25, 2023
Google, Amazon, Meta, Microsoft, 15 others subject to EU content rules
BRUSSELS (Reuters) - Alibaba's AliExpress, Amazon's Marketplace, Apple's App Store and 16 other tech companies will be subject to new EU online content rules as of August, EU industry chief Thierry Br...
Apr 25, 2023
Northern Trust’s first-quarter profit slightly below estimates as fees plunge
(Reuters) - Wealth manager Northern Trust Corp reported lower-than-expected first-quarter profit on Tuesday, as lower asset management fees dragged down gains from higher interest rates. The results c...
Apr 25, 2023
JetBlue forecasts second-quarter profit above expectations on robust demand
(Reuters) - JetBlue Airways Corp forecast a better-than-expected second-quarter profit on Tuesday as the low-cost carrier remains confident about a robust recovery in leisure and international travel....
Apr 25, 2023
Drop in gold, oil prices drag TSX futures lower
(Reuters) - Futures for Canada's main stock index dropped on Tuesday as crude and gold prices fell on chances for further interest rates hike, while caution remained as the earnings-heavy week sets in...
Apr 25, 2023
Builder PulteGroup beats results expectations on higher home prices
(Reuters) - U.S. homebuilder PulteGroup Inc on Tuesday beat Wall Street estimates for first-quarter profit and revenue as home prices stayed elevated amid limited supply. A shortage of homebuilding su...
Apr 25, 2023
Peoria, IL, USA
55 °F Sunny
