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PTC forecasts quarterly revenue below estimates as economic uncertainty bites
Industrial software maker PTC forecast fourth-quarter revenue below estimates on Wednesday, as economic uncertainty forces companies to cut back on spending to bolster their bottom lines. Companies in...
Syndicated Content Jul 26, 2023
Raymond James profit misses estimates on decline in deals
(Reuters) - Raymond James missed quarterly profit estimates on Wednesday as Wall Street's prolonged dealmaking slump impacted its investment banking business, sending its shares down 2% in extended tr...
Syndicated Content Jul 26, 2023
Seagate forecast disappoints on China weakness, weak enterprise spending
(Reuters) - Seagate Technology forecast first-quarter revenue below market estimates on Wednesday on weakness in major market China and lower tech spending by businesses worried about an uncertain eco...
Syndicated Content Jul 26, 2023
Lam Research forecasts strong quarterly revenue on AI boom
(Reuters) - Chip-making tools supplier Lam Research forecast quarterly revenue above Wall Street estimates, as semiconductor makers scramble to meet a surge in demand fueled by rising adoption of arti...
Syndicated Content Jul 26, 2023
Ebay forecasts third-quarter revenue above estimates
(Reuters) -E-commerce platform eBay forecast third-quarter revenue slightly above market expectations on Wednesday, banking on its focus categories such as refurbished goods and auto parts to draw in ...
Syndicated Content Jul 26, 2023
Chipotle sales disappoint Wall St as inflation eats into demand
(Reuters) -Chipotle Mexican Grill missed Wall Street estimates for quarterly sales on Wednesday, signaling that demand for its rice bowls and burritos was losing steam in the face of higher menu price...
Syndicated Content Jul 26, 2023
Maxlinear scraps nearly $4 billion deal for Taiwan’s Silicon Motion
(Reuters) - U.S. chipmaker Maxlinear said on Wednesday it has scrapped a near $4 billion deal to acquire Taiwan-based Silicon Motion. Its shares fell about 12% in late afternoon trading, while the U.S...
Syndicated Content Jul 26, 2023
Italy adopts measures to tackle extreme climate events
By Giuseppe Fonte and Gavin Jones ROME (Reuters) - Italy announced measures on Wednesday to help families and businesses hit by extreme climate events, as the country reels from a heatwave in the sout...
Syndicated Content Jul 26, 2023
Facebook parent Meta forecasts quarterly revenue above estimates
By Katie Paul and Yuvraj Malik (Reuters) -Meta Platforms forecast third-quarter revenue above market expectations on Wednesday, sending shares up on signs that the improving economic environment will ...
Syndicated Content Jul 26, 2023
Mattel bets on Barbie revival, posts surprise quarterly profit
By Savyata Mishra (Reuters) -Mattel is banking on the box office success of the "Barbie" movie to help drive doll sales in the second half of the year, CEO Ynon Kreiz said on Wednesday, as the toymake...
Syndicated Content Jul 26, 2023
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