Category Archives:
Hershey sweetens annual profit forecast on higher prices
(Reuters) -Hershey raised its full-year adjusted profit forecast on Thursday, bolstered by price increases for the Reese's peanut-butter cups maker's chocolates and candy. Big names in the packaged fo...
Jul 27, 2023
Lazard quarterly profit slumps as Wall Street’s dealmaking drought persists
(Reuters) - Lazard reported a second-quarter profit on Thursday that fell 76% as the boutique investment bank's advisory business reeled from a prolonged slump in dealmaking activity. The company repo...
Jul 27, 2023
Mediobanca to launch new $223 million buyback after record year
MILAN (Reuters) - Italy's Mediobanca said on Thursday it would buy back its own shares for around 200 million euros ($223 million) in its new fiscal year after closing the previous one with record rev...
Jul 27, 2023
Southwest warns of higher full-year costs as quarterly profit falls
(Reuters) -Southwest Airlines on Thursday warned of higher labor costs for the year and signaled softer pricing for the current quarter, stoking worries that rising operational expenses could add to a...
Jul 27, 2023
Mobileye beats quarterly revenue estimates
(Reuters) -Autonomous driving tech firm Mobileye Global beat analysts' estimates for quarterly revenue on Thursday, boosted by strong demand for its driver-assistance technology from automakers. The c...
Jul 27, 2023
Western car makers look to slash EV costs to fight Chinese ‘invasion’
By Gilles Guillaume and Giulio Piovaccari PARIS (Reuters) - Western automakers are fretting about an "invasion" of cheap Chinese electric cars in Europe, prompting France's Renault to say on Thursday ...
Jul 27, 2023
U.N. climate chief calls on G20 to lead way on mitigation at summit
DUBAI (Reuters) - The U.N. climate chief and the incoming president of the COP28 climate summit called on Thursday for the Group of 20 major economies to lead the way on delivering a positive outcome ...
Jul 27, 2023
Privacy group challenges Ryanair’s use of facial recognition
DUBLIN (Reuters) - Digital rights group NOYB on Thursday filed a complaint against Ryanair, alleging that the airline is violating customers' data protection rights by using facial recognition to veri...
Jul 27, 2023
Industrial gases firm Linde lifts profit outlook after Q2 beat
(Reuters) -Linde, the world's largest industrial gases company, on Thursday raised its full-year earnings guidance after reporting second-quarter profit above market expectations, as higher pricing of...
Jul 27, 2023
Mexico’s Cemex profit climbs modestly on price hikes, strong peso
By Kylie Madry MEXICO CITY (Reuters) -Mexican cement maker Cemex on Thursday posted a slight rise in second-quarter net profit, on the back of double-digit price hikes and a strong peso. Net profit wa...
Jul 27, 2023
Peoria, IL, USA
60 °F Partly cloudy
