Category Archives:
AutoNation reports lower profit, sets up $1 billion in buybacks
By Joseph White DETROIT (Reuters) - Automotive retailer AutoNation, Inc reported third quarter adjusted net income fell by 7%, largely because of lower used vehicle profits, but the company said it pl...
Syndicated Content Oct 27, 2022
Tesla recalls 24,000 U.S. vehicles over seat belt issue
WASHINGTON (Reuters) - Tesla Inc is recalling just over 24,000 U.S. 2017-2022 Model 3 vehicles over a seat belt issue. The Austin-based electric vehicle company said the second-row left seat belt buck...
Syndicated Content Oct 27, 2022
Lazard third-quarter profit falls as AUM shrinks amid market rout
(Reuters) -Investment bank Lazard Ltd on Thursday reported a 4% fall in third-quarter profit as the global market rout shrank the value of assets under management. The market rout, triggered by the wa...
Syndicated Content Oct 27, 2022
Campari sales boosted by brand strength, price hikes
MILAN (Reuters) - Third-quarter sales at Italian spirits group Campari rose 18.6% on a like-for-like basis, boosted by robust brand momentum in the key summer season and helped by price increases, the...
Syndicated Content Oct 27, 2022
Linde raises 2022 earnings guidance for a third time
(Reuters) - Linde, the world's largest industrial gases company, raised its full-year earnings guidance for the third time this year on Thursday, citing higher volumes leading to growth in almost all ...
Syndicated Content Oct 27, 2022
Southwest Airlines forecasts strong fourth-qtr revenue on resilient travel demand
(Reuters) - Southwest Airlines Co on Thursday forecast a higher fourth-quarter revenue, as the U.S. carrier benefited from strong leisure travel demand that is showing no signs of easing in the face o...
Syndicated Content Oct 27, 2022
Caterpillar posts higher adjusted profit on strong equipment demand
(Reuters) -Heavy-equipment maker Caterpillar Inc posted a rise in third-quarter profit on Thursday as robust demand, low inventories and raised prices helped it mute the impact of higher material and ...
Syndicated Content Oct 27, 2022
Northrop pegs full-year sales, earnings at lower end of guidance
By Mike Stone and Nathan Gomes (Reuters) - U.S. defense contractor Northrop Grumman Corp on Thursday said it expected full-year sales and profit to be near the lower end of its forecast, amid lingerin...
Syndicated Content Oct 27, 2022
Airbus staff in Spain to go on strike from Oct. 31, unions say
MADRID (Reuters) - Airbus staff in the Spanish regions of Madrid, Castile-La Mancha and Andalusia will go on an indefinite strike from Monday to demand a pay rise, unions said on Thursday. "The protes...
Syndicated Content Oct 27, 2022
Merck third-quarter earnings climb, lifts full-year outlook
By Michael Erman (Reuters) - Merck & Co on Thursday posted better-than-expected third-quarter sales and earnings on a strong performance by its blockbuster cancer immunotherapy drug Keytruda and human...
Syndicated Content Oct 27, 2022
Peoria, IL, USA
42 °F Overcast
