Category Archives:
AbbVie raises annual profit forecast as Botox demand rebounds
(Reuters) - Drugmaker AbbVie Inc raised its full-year adjusted profit forecast on Friday, as demand soared for its Botox anti-wrinkle injection in the second quarter following the easing of COVID-19 r...
Jul 30, 2021
Global equity funds post biggest inflow in five weeks- Lipper
(Reuters) - Global equity funds pulled in massive inflows in the week ended July 28, boosted by optimism over corporate earnings, with investors taking fresh positions as equities recovered from earli...
Jul 30, 2021
Cathie Woods’ ARK Invest bought Robinhood on debut day
(Reuters) - Stockpicker Cathie Woods' ARK Invest bought about 1.3 million shares of Robinhood Markets Inc, according to the firm's daily trade summary on Thursday, when Robinhood debuted on the stockm...
Jul 30, 2021
Exchange operator CBOE’s second-quarter profit drops 7%
(Reuters) - Exchange operator Cboe Global Markets Inc on Friday reported a 7% drop in second-quarter profit, weighed down by weaker trading in U.S equities and a jump in expenses. Net income fell to $...
Jul 30, 2021
Greece wins ECB green light on deferred tax credits to lenders
ATHENS (Reuters) - The European Central Bank has essentially approved a Greek proposal over new rules on deferred tax credits which would make it easier for banks to shed the huge stock of non-perform...
Jul 30, 2021
Exxon posts highest profit in more than a year as demand recovers
(Reuters) -Exxon Mobil on Friday posted its first quarterly results following a contested board fight over its direction, registering its biggest profit in more than a year on rebounding demand for oi...
Jul 30, 2021
Caterpillar reports improved 2Q earnings
DEERFIELD, Ill. – (Reuters) – Caterpillar Inc on Friday reported higher quarterly earnings as a recovery in global economic activity from pandemic lows drove up sales across all regions an...
Jul 30, 2021
Nexi updates 2021 guidance after merger with Nets, Q2 revenue up 23%
MILAN (Reuters) - Italian payments group Nexi slightly raised its core profit margin goal for this year on Friday after its merger with rival Nets became effective on July 1, as transaction volume jum...
Jul 30, 2021
L’Oreal CEO sees lasting US market growth
PARIS (Reuters) - Maybelline owner L'Oreal said on Friday the beauty company's performance in the United States would likely remain strong through to the end of the year, despite ongoing uncertainty r...
Jul 30, 2021
Glum Amazon earnings drag Nasdaq futures down 1% ahead of inflation data
By Sagarika Jaisinghani (Reuters) - Nasdaq futures fell 1% on Friday after an underwhelming quarterly earnings report from Amazon.com, while investors looked to a key inflation report for cues on the ...
Jul 30, 2021
Peoria, IL, USA
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