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Apple revenue and profit top Wall Street targets but iPhones light
By Dawn Chmielewski and Nivedita Balu (Reuters) - Apple Inc on Thursday reported revenue and profit that topped Wall Street targets, although iPhone sales were not as strong as some analysts had targe...
Syndicated Content Oct 27, 2022
Pioneer Natural Resources third-quarter profit surges
(Reuters) - U.S. shale producer Pioneer Natural Resources Co on Thursday posted an 89.9% jump in third-quarter profit as crude prices hovered near multi-year highs following sanctions on Russia, a lea...
Syndicated Content Oct 27, 2022
Mexico’s breadmaker Bimbo sees 50.77% rise in Q3 net profit
MEXICO CITY (Reuters) - Mexican breadmaker Grupo Bimbo posted on Thursday a 50.77% increase in its third quarter net profit from the year-ago period. Bimbo's net profit rose to 6.06 billion pesos ($30...
Syndicated Content Oct 27, 2022
Exclusive-Mexico to proceed with GMO corn ban, seeks international grain deals -official
By Cassandra Garrison and Adriana Barrera MEXICO CITY (Reuters) - Mexico is considering direct agreements with farmers in the United States, Argentina and Brazil to secure non-genetically modified yel...
Syndicated Content Oct 27, 2022
Pinterest shares surge as return to user growth drives revenue beat
(Reuters) -Pinterest Inc beat estimates for quarterly revenue on Thursday, making it a rare bright spot in an otherwise downbeat social media sector and sending the image-sharing platform's shares 15%...
Syndicated Content Oct 27, 2022
Marketmind: The yen also rises
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever The heat is off the Bank of Japan. A little. The BOJ announces its policy decision on Friday against a much c...
Syndicated Content Oct 27, 2022
T-Mobile raises 2022 forecast for wireless subscriber additions again
(Reuters) - T-Mobile US Inc on Thursday raised its annual forecast for monthly bill-paying wireless subscriber additions for the third time this year, after beating estimates for quarterly additions a...
Syndicated Content Oct 27, 2022
Amazon’s predicts profit slump during holidays, crushing shares
(Reuters) - Amazon.com Inc on Thursday forecast costs might eviscerate its profit for the current quarter, as early holiday marketing does little to boost sales growth and as labor and delivery expens...
Syndicated Content Oct 27, 2022
Intel looks to cut workers to reduce costs, adjusts down forecast
By Chavi Mehta and Jane Lanhee Lee (Reuters) -Chipmaker Intel Corp on Thursday cut its 2022 revenue forecast for the second time this year and Chief Executive Pat Gelsinger, asked about potential layo...
Syndicated Content Oct 27, 2022
Volkswagen says to invest $763.5 million to modernize Mexico plant
MEXICO CITY (Reuters) - Volkswagen will invest $763.5 million between 2022 and 2025 to modernize its plant in the Mexican state of Puebla, it said in a statement Thursday. (Reporting by Isabel Woodfor...
Syndicated Content Oct 27, 2022
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