AstraZeneca raises profit outlook on strong medicines demand
Anglo-Swedish drugmaker AstraZeneca raised its full year sales and profit forecast on Thursday after beating analyst expectations for second-quarter
July 25, 2024Anglo-Swedish drugmaker AstraZeneca raised its full year sales and profit forecast on Thursday after beating analyst expectations for second-quarter
July 25, 2024Chipmaker STMicroelectronics (STM) cut its full-year revenue and margins guidance for a second time on weak industrial orders and lower demand for automotive chips,
July 25, 2024India's Tech Mahindra reported its smallest revenue fall in four quarters on Thursday, helped by its manufacturing and healthcare segments, as the company signalled the return of
July 25, 2024U.S. defense company Northrop Grumman raised its forecast for full-year revenue and profit on Thursday, amid increased global defense spending and a strong
July 25, 2024Monthly U.S. ad revenue at social media platform X has declined at least 55% year-over-year each month since billionaire Elon Musk bought the company formerly known as
April 26, 2024Netflix raised subscription prices for some of its streaming plans in the United States, Britain and France on Wednesday, a move to boost
July 02, 2024Netflix has disclosed summertime subscriber gains that surpassed analysts’ projections, signaling the video streaming service’s crackdown on password sharing is converting former freeloaders into paying customers
October 18, 2023Coca-Cola is raising its full-year revenue forecast after a stronger-than-expected third quarter
October 24, 2023Pinterest beat estimates for third-quarter revenue and profit on Monday, as a stabilizing digital
April 26, 2024Anheuser-Busch InBev says revenue growth in most of its global regions was offset by a drop in North American sales in the third quarter
October 31, 2023Airbnb forecast fourth-quarter revenue slightly below Wall Street estimates on Wednesday, as tourists cut back on their travel plans due to rising costs, uncertain economic conditions and
April 26, 2024Customers fell for Starbucks’ fall menu in its fiscal fourth quarter, helping the company achieve record revenue with Pumpkin Spice Lattes and apple croissants
November 02, 2023Duke Energy Corp on Thursday beat Wall Street estimates for third-quarter profit, with the company pointing to higher retail margins and so-called rider charges which are added to
April 26, 2024Beyond Meat is cutting 19% of its non-production workforce after a weaker-than-expected third quarter
November 02, 2023Flutter expects full-year earnings excluding the nascent U.S. market to be at the bottom of its previously forecast range, the world's largest online betting company said on
April 26, 2024Olympic sports bodies want urgent talks with the IOC about the risk of cuts in their revenue shares and athlete quotas at the 2028 Los Angeles Games because cricket and other newcomers have been added to the program
November 13, 2023Improving profit margins among U.S. companies are supporting a stronger-than-expected earnings season even as revenues top estimates at rates below the
April 26, 2024Cisco Systems cut its annual revenue forecast on Wednesday, a sign that demand for its networking equipment was slowing in an uncertain economy.
April 26, 2024Shares of IBM rose 12% to a more than 10-year high on Thursday after the company reported a better-than-expected outlook on its revenue backed by strong demand
April 26, 2024JetBlue Airways said on Tuesday it was evaluating further cost cuts after the company forecast a fall in first-quarter revenue amid early signs of softening domestic demand.
April 26, 2024Meta Platforms Inc_ tripled its profit and posted sharply higher revenue in the final quarter of 2023, boosted by a rebound in digital advertising as well cost cutting and layoffs in what CEO Mark Zuckerberg called the “year of efficiency.”
February 01, 2024New York Times missed expectations for quarterly revenue on Wednesday, hurt by a slowdown in advertising sales and fewer customers signing up for its bundles.
April 26, 2024Advertising group Interpublic beat fourth-quarter revenue estimates on Thursday, but warned that cost cuts by companies in the tech and telecom sectors could continue to weigh on its
April 26, 2024PepsiCo’s profit rose in the fourth quarter, helped by a lower impairment charge, even as its revenue declined slightly
February 09, 2024Construction material firm Martin Marietta Materials forecast a weaker-than-expected full-year 2024 revenue on Wednesday, due to an affordability-driven housing slowdown and a softening in
April 26, 2024