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Britains Top Clothes Seller Next Lifts Profit Guidance Again

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  • NatWest Lifts Guidance Again After Quarterly Profit Beat

    The U.K. high-street bank raised its revenue and profit outlook for the second time this year after its third-quarter results topped market expectations, lifting shares to an over 13-year high.
    Business - The Wall Street Journal - October 25

  • Danske Bank Lifts Guidance After Net Profit Tops Hopes

    The Copenhagen-based bank raised its full-year net profit forecast after reporting a market-beating figure for the third quarter.
    Business - The Wall Street Journal - October 31

  • Standard Chartered lifts income guidance again after beating third-quarter profit forecasts

    The lender, which derives most of its revenue from Asia, saw pre-tax profit jump of 37% from the $1.32 billion posted a year ago.
    Business - CNBC - October 30

  • Novartis Lifts Guidance Again After Key Drugs Help Results

    The pharmaceutical giant raised its full-year guidance for the third time this year after higher third-quarter profit and sales topped analysts’ expectations, boosted by revenue from its key drugs.
    Business - The Wall Street Journal - October 29

  • Next profits poised to top £1bn for first time

    UK retail bellwether raises outlook for third time in three months on the arrival of colder weather
    World - Financial Times - October 30
  • Commerzbank Lifts Guidance as UniCredit Circles

    Commerzbank Lifts Guidance as UniCredit Circles

    Commerzbank lifted its full-year guidance for some key metrics and said its strategy is paying off, as UniCredit continued to signal interest in a tie-up with the German lender.
    Business - The Wall Street Journal - 3 days ago

  • Biogen tops estimates, raises profit guidance as Alzheimer's drug Leqembi gains traction

    Leqembi, along with rare disease and depression treatments, helped offset a year-over-year decline in revenue for the company's multiple sclerosis products.
    Business - CNBC - October 30

  • Iberdrola Profit Lifted by Record Investments

    Spain’s energy giant Iberdrola posted a 50% rise in net profit for the first nine months of the year helped by record-high investments in its U.S. and U.K. networks.
    Business - The Wall Street Journal - October 23

  • ABB Posts Higher Profit, Raises Margin Guidance

    The Swiss industrial-technology company’s profit and revenue rose as the electrification business offset weakness in robotics, discrete automation and e-mobility.
    Business - The Wall Street Journal - October 17

  • Reddit shares close up 42% on profitability, rosy guidance

    Reddit shares popped Wednesday, one day after the company reported rosy third-quarter results.
    Business - CNBC - October 30

  • ING Lifts Outlook After Profit Beat

    ING raised its total income outlook for the year and said it would distribute up to $2.7 billion to shareholders after net profits topped expectations.
    Business - The Wall Street Journal - October 31

  • BT says UK Budget will lift costs by £100mn as it lowers revenue guidance

    Chief executive Allison Kirkby calls increase a ‘new inflationary pressure that we need to suffer in our business’
    World - Financial Times - 2 days ago

  • Lloyds Banking Beats Views as U.K. Borrowers Remain Resilient

    The U.K.’s largest mortgage provider confirmed its full-year guidance after pretax profit fell by less than expected on lighter impairments for bad loans as British borrowers remained resilient ...
    Business - The Wall Street Journal - October 23

  • Telia Raises Guidance After Key Metric Profit Beat

    The Swedish telecommunications operator said it expected stronger growth momentum in the fourth quarter of the year and raised its guidance as it reported a slight beat on adjusted underlying ...
    Business - The Wall Street Journal - October 24

  • Honeywell’s stock falls as sales miss and lowered guidance offsets profit beat

    Honeywell International Inc.’s stock fell 2.5% early Thursday, after the aerospace and technology company missed third-quarter sales estimates and lowered its guidance, offsetting a profit beat.
    Business - MarketWatch - October 24

  • Nintendo cuts profit guidance on reduced Switch sales forecast

    Nintendo on Tuesday trimmed its sales and profit guidance for the March-ending fiscal year, citing reduced demand for the Nintendo Switch.
    Business - MarketWatch - 4 days ago
  • Credit Agricole's Shares Fall After Mixed Results

    Credit Agricole's Shares Fall After Mixed Results

    Credit Agricole reported a smaller-than-expected fall in net profit for the third quarter of 2024 but softer revenue missed views, sending its shares lower.
    Business - The Wall Street Journal - 3 days ago

  • Sony raises guidance on gaming strength, quarterly operating profit beats estimates

    Sony raised sales guidance for the full year and posted operating profit that smashed analyst expectations after a strong quarter for its gaming business.
    Business - CNBC - Yesterday

  • Deutsche Bank's Investment Bank Performance, Provision Releases Lift Profit

    Deutsche Bank reported a better-than-expected rise in its third-quarter profit on growth in its investment-banking division and the partial release of provisions linked to litigation over its ...
    Business - The Wall Street Journal - October 23

  • American Airlines lifts 2024 profit forecast after sales strategy shift, posts third-quarter loss

    American Airlines raised its profit forecast for the year as CEO Robert Isom said the company's sales strategy shift earlier this year is paying off.
    Business - CNBC - October 24

  • Eni Cuts Profit Outlook on Weak Prices, Lifts Buybacks

    Eni lowered its guidance for the year due to a decline in oil prices which also hit the Italian energy major’s third-quarter profits, but said it planned to increase its share buy backs.
    Business - The Wall Street Journal - October 25

  • Biogen’s stock hit by soft sales of Alzheimer’s treatment

    “We continue to see momentum with ongoing product launches and we are increasingly excited about the potential of our pipeline,” the company’s CEO said.
    Business - MarketWatch - October 30

  • Bristol Myers’s stock pops as earnings top estimates and company raises guidance

    The company says it “made important strides in the third quarter.”
    Business - MarketWatch - October 31
  • Vistry shares plunge as cost overruns hit profits

    Vistry shares plunge as cost overruns hit profits

    UK housebuilder blames ‘insufficient management capability’ and ‘poor divisional culture’ for underestimating costs
    Business - Financial Times - Yesterday

  • Tesla earnings are the ‘next big thing’ for the EV maker as it tries to be magnificent again

    Tesla’s stock has traded lower after six of its last eight reports, with the average stock price swings of plus or minus 10% in the past eight post-earnings days.
    Business - MarketWatch - October 22
  • Budget boost to UK economy forecast to fade after two years

    Budget boost to UK economy forecast to fade after two years

    The government's official forecaster raises its prediction for UK growth in 2024 and 2025 but reduces it for later years.
    Top stories - BBC News - October 30

  • Eli Lilly stock tumbles after drug giant misses estimates and slashes profit guidance

    Skyrocketing demand for weight loss and diabetes drugs has forced Eli Lilly and Novo Nordisk, to invest billions to increase manufacturing capacity.
    Business - CNBC - October 30

  • Peloton raises its full-year profit guidance, but expects the holiday quarter to be softer than expected

    Peloton's cash flows are improving, but it's expecting to sell fewer bikes and treadmills during its holiday quarter than Wall Street expected.
    Business - CNBC - October 31

  • Novo Nordisk shares jump 8% after Wegovy sales beat expectations

    Novo Nordisk on Wednesday reported third quarter earnings broadly in line with expectations and narrowed its 2024 full-year growth guidance.
    Business - CNBC - 3 days ago

  • The top 5 'relatively affordable' U.S. cities where you can find a home for under $300,000: 'We're seeing sellers cutting prices'

    "It's not chaos everywhere": Here are the top 5 metro areas where you can still find a reasonably priced home, according to Realtor.com.
    Business - CNBC - October 19

  • Higher taxes will make it harder for Britain to build 'the next Nvidia,' tech execs say

    Startup founders and investors slammed capital gains tax hikes in the U.K., saying it would make it harder for the country to succeed as a global tech hub.
    Business - CNBC - November 1
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