Category Archives:
Twitter misses ad revenue and user growth estimates; revenue forecast light
By Sheila Dang (Reuters) - Twitter Inc reported weaker-than-expected quarterly advertising revenue and user growth on Thursday and forecast revenue short of Wall Street targets, indicating that a turn...
Feb 10, 2022
Bombardier reports Q4 adjusted profit on higher aircraft margins
(Reuters) -Canadian business jet maker Bombardier Inc reported an adjusted quarterly profit on Thursday, helped by higher aircraft margins and cost reduction efforts. Bombardier's business jet revenue...
Feb 10, 2022
Coca-Cola beats quarterly revenue estimates
(Reuters) - Coca-Cola Co reported quarterly revenue on Thursday that beat analysts' estimates, helped by higher prices for its soft drinks and on gradual reopening of theaters and restaurants across t...
Feb 10, 2022
Canada Goose cuts annual forecast as Omicron-related curbs weaken traffic
(Reuters) -Canada Goose Holdings Inc cut its full-year revenue forecast on Thursday, as Omicron-related restrictions weigh on demand for the company's luxury parkas and footwear, sending its U.S. shar...
Feb 10, 2022
Kate Spade owner Tapestry lifts annual forecast on rising luxury demand
(Reuters) - Coach parent Tapestry Inc raised its full-year revenue and profit forecast on Thursday as consumers splurge on luxury handbags and apparel in the United States and Europe. Rivals Capri, Ra...
Feb 10, 2022
Macellum nominates 10 to retailer Kohl’s board-sources
By Svea Herbst-Bayliss BOSTON (Reuters) - Activist investment firm Macellum Advisors GP LLC is seeking to take control of retailer Kohl's Corp's board and has nominated 10 directors, according to two ...
Feb 10, 2022
‘Nobody is ready:’ Many U.S. cities lack resources to chase $1 trln infrastructure windfall
By Andy Sullivan (Reuters) - Erie, Pennsylvania could use a facelift. The lakefront city of 100,000 has been adding jobs and businesses downtown, but it remains saddled with vestiges of its industrial...
Feb 10, 2022
ABB electric charging business lays out growth plans ahead of IPO
ZURICH (Reuters) - ABB's E-mobility business wants to spend $750 million on expanding its operations after its flotation later this year, the company said on Thursday. The cash will be used to fund ac...
Feb 10, 2022
PepsiCo revenue surges on higher prices, inflation worries loom
(Reuters) -PepsiCo Inc beat analysts' estimates for quarterly revenue by more than $1 billion on Thursday, helped by higher prices and robust demand for its snacks and sodas. The company's shares rose...
Feb 10, 2022
Ex-National Guard member could get over two years for assaulting police in U.S. Capitol riot
By Jan Wolfe WASHINGTON (Reuters) - A former National Guard member who served in Iraq will on Thursday learn his punishment for punching two police officers during the Jan. 6, 2021, assault on the U.S...
Feb 10, 2022
Peoria, IL, USA
68 °F Partly cloudy
