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T. Rowe Price CEO Stromberg to retire at year-end
(Reuters) - Investment management firm T. Rowe Price said on Thursday Chairman and Chief Executive Officer Bill Stromberg would retire on Dec. 31. Rob Sharps, the firm's president, will be the next CE...
Syndicated Content Jul 29, 2021
LabCorp’s Q2 profit doubles as non-COVID testing rebounds
(Reuters) - Laboratory Corporation of America Holdings reported a 102% jump in quarterly profit on Thursday, driven by recovery in its non-COVID-19 testing business and strong demand for its drug deve...
Syndicated Content Jul 29, 2021
Taco Bell parent Yum Brands beats comparable sales estimates
(Reuters) - Taco Bell parent Yum Brands Inc beat quarterly comparable sales estimates on Thursday, as it benefited from the reopening of the U.S. economy and steady online demand for its fried chicken...
Syndicated Content Jul 29, 2021
Comcast’s quarterly revenue tops estimates on theme parks, advertising lift
By Eva Mathews and Helen Coster (Reuters) - Comcast Corp's second-quarter revenue beat Wall Street estimates on Thursday, as the media giant emerges from the pandemic, benefiting from higher ad sales ...
Syndicated Content Jul 29, 2021
Revival of on-the-go snacking helps Hershey lift annual sales outlook
(Reuters) -Hershey Co raised its full-year sales outlook on Thursday as consumers bought more of its candies and chocolates at airports, movie theaters and other foodservice joints after the easing of...
Syndicated Content Jul 29, 2021
Textron lifts 2021 profit forecast again on business jet strength
(Reuters) -Textron Inc on Thursday beat Wall Street estimates for quarterly revenue and raised its full-year adjusted profit forecast for the second time this year, as demand for its business jets reb...
Syndicated Content Jul 29, 2021
Northrop raises full-year forecast on space unit strength
By Mike Stone (Reuters) - Defense contractor Northrop Grumman Corp raised its full-year forecast on Thursday on the back of continued strength in its space unit which makes satellites and missile syst...
Syndicated Content Jul 29, 2021
Merck profit nearly halves on Organon spin off
(Reuters) - Merck & Co Inc on Thursday reported a 49% fall in second-quarter profit after it spun off its women's health and biosimilar assets into Organon in June. (Reporting by Manas Mishra in Benga...
Syndicated Content Jul 29, 2021
Money rolls in for Europe Inc as companies banish pandemic blues
By Keith Weir LONDON (Reuters) - Carmaker Volkswagen, plane maker Airbus and energy major Royal Dutch Shell all posted bumper financial earnings on Thursday reflecting a generally buoyant mood among E...
Syndicated Content Jul 29, 2021
Beyond the meme: finance gets serious on going viral
By Anna Irrera LONDON (Reuters) - Ian Rogers used to be in charge of digital strategy for luxury fashion group LVMH. Now he has a new mission: to sprinkle some aspirational glitz on to French cryptocu...
Syndicated Content Jul 29, 2021
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