Dow Jones Newswires Vodafone Group Revenue Falls Slightly But Company on Track to Meet 2023 Guidance
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Dow Falls, Logs Worst Week Since March 2023
The S&P 500 fell 1.5% as investors digested earnings from financial companies including JPMorgan and BlackRock.The Wall Street Journal - World -
Stocks Fall; Gold Hits Another Record
Investors are awaiting consumer-price-index data, which will show whether a bounceback in price pressures at the start of 2024 continued in March.The Wall Street Journal - World -
U.S. consumer sentiment falls slightly as outlook for inflation worsens
Consumer sentiment about the U.S. economy has ticked down but remains near a recent high, with Americans’ outlook largely unchanged this year.NBC News - Top stories -
Johnson & Johnson’s stock falls as profit beats but sales fall slightly short of estimates
Johnson & Johnson’s stock was on pace for its lowest close since late 2020 on Tuesday, after the healthcare company posted better-than-expected profit for the first quarter but sales that fell slightly short of expectations.MarketWatch - Business -
Charles Schwab’s stock turns higher after earnings beat, signs of ‘green shoots’
Asset-management revenue beats expectations, but trading revenue and deposit account fees miss.MarketWatch - Business -
CSX Revenue, Profit Fall Despite Rising Freight Volumes
Intermodal volume led the railroad’s volume gains in the first quarter with 7% year-over-year growth.The Wall Street Journal - World -
Oil prices fall slightly after Israel fends off large-scale aerial attack by Iran
Iran launched more than 300 drones and missiles against military targets in Israel in an attack that President Joe Biden described as "unprecedented."CNBC - Business - Iran -
Rio Tinto Maintains Annual Guidance After First-Quarter Iron-Ore Shipments Fall 10%
Rio Tinto maintained its 2024 guidance after the Australian mining giant reported a 10% fall in first-quarter iron-ore shipments.The Wall Street Journal - World -
BHP Maintains Annual Guidance as Third-Quarter Iron-Ore Production Falls 7%
BHP Group maintained its annual iron-ore production guidance after third-quarter volumes fell by 7% compared with the prior three months.The Wall Street Journal - World -
Planet Fitness shares fall as company announces new CEO
Planet Fitness has appointed a new CEO effective June 10 after a monthslong search for new leadership.CNBC - Business -
Equifax stock falls as company says it’s feeling effect of weaker mortgage demand
Shares of Equifax fell after hours on Wednesday after the credit-scoring giant reported first-quarter revenue that missed expectations and said it expected a continued drop in mortgage inquiries this year, as the housing market stalls out under ...MarketWatch - Business -
Ad giant Publicis Groupe sees ‘clear rebound’ in sales to tech sector following 2023 slump
The French advertising giant said it saw a clear rebound in sales to tech companies following a slump that hit ad firms’ sales in 2023MarketWatch - Business -
Advertising group Publicis said first-quarter revenue continued to grow and beat expectations, helped by new business and what it called a clear rebound in the tech sector.
Advertising group Publicis said first-quarter revenue continued to grow and beat expectations, helped by new business and what it called a clear rebound in the tech sector.The Wall Street Journal - World -
Inflation worries and geopolitical uncertainty weighed on markets with the Dow, S&P 500 and Nasdaq falling 1.2%, 1.5% and 1.6%, respectively. All three major indexes lost ground for the week.
Inflation worries and geopolitical uncertainty weighed on markets with the Dow, S&P 500 and Nasdaq falling 1.2%, 1.5% and 1.6%, respectively. All three major indexes lost ground for the week.The Wall Street Journal - World -
ASML orders miss estimates as CFO says it’s still on track to meet 2025 goal
ASML Holding, the Dutch microchip equipment maker whose machines are so high tech that the U.S. limits what it can sell to China, on Wednesday reported worse-than-expected orders and a sharp drop in profit as the company works through what it ...MarketWatch - Business -
Falling loan demand builds rate cut pressure as ECB prepares to meet
Survey results will feed into ECB discussion on slowing activity amid tight financing conditionsFinancial Times - World -
Dow Advances as Markets Stabilize
U.S. stocks edged higher, with the Dow industrials leading gains, as investors cheered earnings from Morgan Stanley and UnitedHealth and digested comments from Fed Chair Jerome Powell.The Wall Street Journal - World -
Trump Media shares close down more than 14%, company says Truth Social to launch TV streaming
Trump Media shares have plunged in the two days that Donald Trump has been in a New York court for jury selection in his criminal hush money trial.CNBC - Business - Donald Trump -
GDP rises in February increasing hopes UK is out of recession
The economy grew by 0.1%, official figures show, with the production sector providing the biggest boost.BBC News - Top stories - United Kingdom -
Apple Is Making It Slightly Easier to Repair Your iPhone
After pressure from state lawmakers, Apple is making concessions on “parts pairing.” Right-to-repair advocates say it’s the bare minimum.Wired - Tech - Apple -
SPDR Gold Rises as Prices Near $2,400 an Ounce
Gold futures added more than 1% as the precious metal settled just shy of $2400 an ounce.The Wall Street Journal - World -
Dollar Slightly Higher After Powell Comments
The dollar was slightly higher after Fed Chair Jerome Powell kept a hawkish tone.The Wall Street Journal - World -
Beiersdorf Lifts Guidance After Strong Nivea Sales
Beiersdorf upgraded its full-year sales expectations after reporting a 10% revenue rise in its core consumer business in the first quarter.The Wall Street Journal - World -
Beiersdorf Lifts Guidance After Strong Nivea Sales
Beiersdorf upgraded its full-year sales expectations after reporting a 10% revenue rise in its core consumer business in the first quarter.The Wall Street Journal - Business -
Sunak suffers Tory backlash as MPs back legislation to ban smoking
Almost 60 Conservatives oppose bill to stop anyone born after 2009 from ever being sold cigarettes legallyFinancial Times - Business -
Hunt raises possibility of more tax cuts before general election
Chancellor also highlights prospect of interest rate reductions as Tories try to close gap on Labour in pollsFinancial Times - Business -
UnitedHealth beats on revenue despite impact from cyberattack
UnitedHealth Group announced first-quarter results that beat analysts' expectations for revenue.CNBC - Business -
Final risers of the 2023-24 season
With the high school season officially wrapped up, we look at the risers from the 2024, 2025, 2026 and 2027 classes.ESPN - Sports -
BMW sales up slightly in Q1 as carmaker hits electric milestone
BMW delivered a total of 594,671 vehicles in the first quarter, a rise of 1.1% on the same time last year, according to a statement from the company. Sales of electric vehicles were at 82,700 during the first three months of the year, ...Yahoo Sports - Sports -
The WSJ Dollar Index Falls 0.3% to 100.33
The WSJ Dollar Index was down 0.3% today to 100.33 — snapping a five-trading-day winning streak.The Wall Street Journal - World -
Nasdaq, S&P 500 Climb After PPI Data Lands
U.S. stocks climbed after wholesale price data came in slightly lower than expected.The Wall Street Journal - World -
Apple’s stock was the Dow’s biggest winner this week — for the first time since November
Apple Inc.’s weekly stock gain wasn’t too much to write home about in the absolute, but it was good enough to be the largest in the Dow Jones Industrial Average.MarketWatch - Business -
Women's Six Nations: 14-player England score eight tries v Scotland - reaction
Watch live coverage and follow text updates as Scotland take on defending champions England at Hive Stadium in Edinburgh.BBC News - Top stories -
Lufthansa Cuts Earnings Guidance After Strikes Take Toll
The German carrier group said strikes by employees within the group and also by employees at partners hit earnings by around €350 million.The Wall Street Journal - Business -
Adidas stock rallies to two-year high after lifting guidance
Adidas shares rallied on Wednesday as the athletics apparel maker continued its recent practice of pre-releasing results that were ahead of estimates.MarketWatch - Business -
Rio Tinto Keeps Guidance Despite Lower Iron-Ore Shipments
Rio Tinto maintained its 2024 guidance after the mining giant reported a 10% fall in first-quarter iron-ore shipments.The Wall Street Journal - Business -
Abbott Labs' surprise guidance bump is a major positive for its shareholders
We also love that EPS results on Tuesday came in above the range management had forecasted.CNBC - Business -
Imperial Brands Says Outlook on Track
Imperial Brands continues to expect operating profits for the year to be close to the middle of its mid-single digit range, with its first-half performance supported by strong tobacco pricing.and growth in new generation products.The Wall Street Journal - Business -
Which airports had the most delays and cancellations in 2023?
Data from the Department of Transportation's Bureau of Transportation Statistics (BTS) shows which airports see the most delays and cancellations.The Hill - Politics -
Lease prices for German farmland rose again in 2023
Yahoo News - World - Germany