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S&P 500 should hit 4,700 by end-2021 – Goldman Sachs analysts
(Reuters) - The S&P 500 index is likely to rise 7% more this year to end 2021 at 4,700 as companies report strong earnings growth and the Federal Reserve maintains its pandemic-era monetary stimulus, ...
Syndicated Content Aug 05, 2021
Investors dump alcohol and e-cigarettes stocks in China after state media criticism
SHANGHAI (Reuters) - Investor jitters over which sectors Chinese regulators might target next spread to the spirits and e-cigarette industries on Thursday after state media ran reports about the dange...
Syndicated Content Aug 05, 2021
Thomson Reuters second-quarter operating profit falls 14%, rev rises
NEW YORK (Reuters) - Thomson Reuters Corp reported lower second-quarter operating profit on Thursday but higher sales across its main divisions, and said customers' prospects were improving with the e...
Syndicated Content Aug 05, 2021
Moderna says its COVID-19 shot remains 93% effective 4-6 months after second dose
By Michael Erman (Reuters) - Moderna Inc said on Thursday its COVID-19 shot was about 93% effective four to six months after the second dose, showing hardly any change from the 94% efficacy reported i...
Syndicated Content Aug 05, 2021
Evonik hikes 2021 guidance but quarterly beat lags peers
By Bartosz Dabrowski (Reuters) - Germany's Evonik Industries raised its outlook after beating second-quarter earnings forecasts on Thursday but its shares fell as analysts pointed to bigger gains at r...
Syndicated Content Aug 05, 2021
Exclusive-JAB’s Panera Bread to join coffee, bagel chains in new unit
By Hilary Russ NEW YORK (Reuters) - JAB Holding Co is carving Panera Bread out into a new unit that will also include Caribou Coffee, Einstein Bros Bagels and other brands to help the chains expand as...
Syndicated Content Aug 05, 2021
Germany Inc offers brighter outlook as recovery gathers pace
By Christoph Steitz FRANKFURT (Reuters) - Some of Germany's best-known brands and industry bellwethers lifted their full-year sales and profit expectations on Thursday, citing a broad demand recovery ...
Syndicated Content Aug 05, 2021
Bombardier lifts forecast for business jet deliveries as demand rebounds
(Reuters) -Bombardier Inc raised its full-year estimates for both revenue and business jet deliveries on Thursday, as it benefits from a rebound in demand for private jets after the pandemic sapped sa...
Syndicated Content Aug 05, 2021
Cigna profit falls 16.4% on higher medical costs
(Reuters) -Health insurer Cigna Corp reported a 16.4% fall in second-quarter profit on Wednesday, hurt by higher medical costs, and said it expects a negative earnings impact from COVID-19 of about $2...
Syndicated Content Aug 05, 2021
Credit Agricole’s profit doubles even as investment banking lags
By Matthieu Protard PARIS (Reuters) - Credit Agricole reported a two-fold rise in quarterly profit on Thursday, as an improving economy prompted it to set aside less funds to cover bad loans, although...
Syndicated Content Aug 05, 2021
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