Category Archives:
Discovery quarterly revenue beats estimates on higher paid subscriptions
(Reuters) - Discovery Inc beat Wall Street expectations for second-quarter revenue on Tuesday, buoyed by higher paid streaming subscriber additions. Discovery benefited from the ongoing Tokyo Olympics...
Aug 03, 2021
Under Armour boosts forecasts as athletic apparel revenue more than doubles
(Reuters) -Under Armour Inc raised its annual forecasts on Tuesday after its quarterly results topped estimates on strong demand for its athletic apparel and footwear, while customers return to gyms a...
Aug 03, 2021
Alibaba misses revenue estimates as e-commerce growth slows
(Reuters) -China's Alibaba Group Holding Ltd missed analyst estimates for first-quarter revenue on Tuesday, as its e-commerce business was hurt by rising competition from smaller players such as JD.Co...
Aug 03, 2021
Baffled investors fear nothing’s off limits in China regulatory crackdown
SHANGHAI/SINGAPORE (Reuters) - Bewildered investors in China's tech sector scrambled once again from regulators on Tuesday, fearing that a state media story that likened internet gaming to opium signa...
Aug 03, 2021
Reditus Labs confirms Delta’s dominance
PEKIN, Ill. — Reditus Labs in Pekin is reporting that 95% of positive COVID-19 tests they processed in a sequencing run on July 29 were the Delta variant. Reditus Labs CEO Dr. Aaron Rossi said o...
Aug 03, 2021
Drugmaker Eli Lilly profit slips on weak demand for COVID-19 therapies
(Reuters) - Drugmaker Eli Lilly and Co reported a 2% drop in quarterly profit on Tuesday, hurt by lower demand for its COVID-19 therapies due to vaccine rollouts in the United States. Sales of its ant...
Aug 03, 2021
Clorox forecasts sales drop as pandemic demand fades
(Reuters) -Clorox Co forecast full-year sales below Wall Street estimates on Tuesday, as demand for its bleaches, wipes and other surface cleaners eased from pandemic highs, sending its shares down 6%...
Aug 03, 2021
‘Recovery bus’ provides cool relief for S.Korea’s COVID-19 testers
By Yeni Seo and Daewoung Kim NAMYANGJU, South Korea (Reuters) - South Korean health workers staffing COVID-19 testing centres in the summer heat can now take a minute to peel off their heavy protectiv...
Aug 03, 2021
UK public inflation expectations jump in July – Citi/YouGov
LONDON (Reuters) - The British public's expectations for inflation over the coming year rose sharply in July to 3.1% from 2.8% in June, although they remain below a recent peak of 3.8% recorded in Dec...
Aug 03, 2021
PepsiCo to sell Tropicana, other juice brands for $3.3 billion
(Reuters) - PepsiCo Inc will sell its controlling stake in Tropicana, Naked and other juice brands in North America to private equity firm PAI Partners for $3.3 billion, the beverage giant said on Tue...
Aug 03, 2021
Peoria, IL, USA
59 °F Sunny
