Category Archives:
Forvia’s shares fall after ‘unimpressive’ outlook hike
By Michal Aleksandrowicz (Reuters) - Forvia's shares fell as much as 8% in early trading on Thursday, after a slight hike to the car parts maker's annual targets failed to impress investors. The world...
Syndicated Content Jul 27, 2023
Auto parts distributor LKQ cuts profit outlook as commodity costs bite
(Reuters) - Auto parts distributor LKQ Corp lowered its full-year profit and sales guidance on Thursday, as falling commodity prices drag down growth prospects. LKQ, which also sells scrap and other m...
Syndicated Content Jul 27, 2023
Textron beats profit estimates on higher pricing of business jets
(Reuters) - Textron Inc raised its full-year adjusted earnings per share forecast on Thursday, as stronger pricing of business jets and military helicopters continues to offset inflationary costs and ...
Syndicated Content Jul 27, 2023
McDonald’s beats sales estimates as cheaper burgers draw consumers
(Reuters) -McDonald's beat market expectations for quarterly comparable sales on Thursday, as the restaurant chain's relatively cheaper burgers and fries attracted cost-conscious diners in an inflatio...
Syndicated Content Jul 27, 2023
Northrop Grumman lifts annual forecasts on weapons demand
(Reuters) - Northrop Grumman raised its full-year profit and revenue forecasts on Thursday, as the aerospace and defense major bets on strong weapon demand amid heightened geopolitical tensions. War i...
Syndicated Content Jul 27, 2023
Comcast beats revenue estimates on boost from theme parks, studios
By Helen Coster and Samrhitha A NEW YORK (Reuters) - Comcast Corp's quarterly revenue beat estimates on Thursday, helped by higher theme park attendance and the successful theatrical releases of "The ...
Syndicated Content Jul 27, 2023
Chile to start rate cuts, signaling more across the region
By Fabian Cambero SANTIAGO (Reuters) - Chile is expected to cut its benchmark interest rate on Friday, the first major Latin American economy to do so since a wave of hikes to contain surging post-pan...
Syndicated Content Jul 27, 2023
Bristol Myers sales fall, cuts 2023 forecast as drugs face competition
By Michael Erman (Reuters) - Drugmaker Bristol Myers Squibb said on Thursday its second-quarter sales fell more than expected and cut its full-year forecast as two of its top drugs, blood cancer treat...
Syndicated Content Jul 27, 2023
Building materials maker Holcim banking on U.S. reshoring boom
ZURICH (Reuters) - Holcim said on Thursday it expects to set another record for sales from North America this year as the world's biggest cement maker goes after new business resulting from companies ...
Syndicated Content Jul 27, 2023
Harley-Davidson quarterly profit skids on production halt
By Bianca Flowers and Kannaki Deka (Reuters) -Harley-Davidson Inc's profit tumbled 17.5% in the second quarter as a suspension of production hit motorcycle shipments, the company said on Thursday. Net...
Syndicated Content Jul 27, 2023
Peoria, IL, USA
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