Category Archives:
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...
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 ...
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...
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...
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 ...
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...
Jul 27, 2023
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
Peoria, IL, USA
42 °F Partly cloudy
