Unilever Backs Outlook after Sales Growth
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Unilever reiterates 2024 outlook after third-quarter sales growth
Unilever on Thursday reiterated its 2024 outlook after reporting underlying sales growth of 4.5% in the third quarter.Business - MarketWatch - October 24 -
Henkel Backs Guidance After Sales Rise
The German chemical and consumer-goods company, which owns brands including Persil and Schwarzkopf, reported higher sales and backed expectations for the year.Business - The Wall Street Journal - November 6 -
Unilever shelves planned sale of its ice cream business to private equity
Chief executive Hein Schumacher wants to separate division as part of turnaround planBusiness - Financial Times - 2 days ago -
Chapel Down shares plunge after winemaker pulls back on sale plans
England’s largest producer says it will remain independent and also downgrades sales guidanceWorld - Financial Times - October 25 -
Bud Light Owner's U.S. Sales Bounce Back After Boycott
After over a year of seeing its American sales hammered by a boycott, Anheuser-Busch InBev said its U.S. sales had bounced back, helping the Bud Light owner partly outweigh big drops internationally.Business - The Wall Street Journal - October 31 -
Oil prices post first gain in 3 sessions, but demand concerns prevail
Oil futures finished higher on Tuesday, recouping a small portion of back-to-back losses driven by worries about the prospects for demand, which contributed to a retreat in the U.S. benchmark below ...Business - MarketWatch - November 12 -
Novartis Lifts Sales Outlook as it Eyes U.S. Expansion
The pharma company raised its guidance on higher revenue expectations for key treatments and product launches, and is looking at potential mergers and acquisitions for U.S. growth.Business - The Wall Street Journal - Yesterday -
Don’t Overlook This Sales-Growth Superpower
Inc.’s editor-in-chief reveals the channel that powers many of the fastest-growing companies in America.Business - Inc. - October 25 -
We're trimming our position in an industrial stock with an uncertain growth outlook
The sale will decrease the stock's weighting in our portfolio to roughly 2.5% from 3.05%Business - CNBC - November 5 -
STMicroelectronics Sees Slowing Sales and Profit Growth
STMicroelectronics delayed a key sales target it hoped to hit much earlier, and cut its gross margin forecast, as the chip inventory glut that has plagued the industry in recent years continues to ...Business - The Wall Street Journal - 2 days ago -
Philips shares slide as company blames China for lowered sales outlook
Shares of Philips slumped on Monday as the Dutch healthcare devices company lowered its sales outlook for the year.Business - MarketWatch - October 28 -
EBay’s sales outlook comes in weaker, and stock falls more than 7%
EBay’s slightly better-than-expected quarterly earnings were no match for a weaker sales outlook.Business - MarketWatch - October 31 -
Tapestry’s stock climbs on sales and earnings beat, raised outlook
Tapestry’s first-quarter revenue was fueled by topline growth at Coach.Business - MarketWatch - November 7 -
Advance Auto Parts to Close Stores as Sales Outlook Misses Views
Advance Auto Parts said it will close hundreds of stores and cut jobs after posting a surprising quarterly loss and forecasting revenue below market expectations.Business - The Wall Street Journal - November 14 -
Walmart sales beat again and outlook raised, as retailer cites ‘resilient’ US customers
Walmart’s stock headed for a record after another earnings beat, as general merchandise sales turned positive.Business - MarketWatch - 3 days ago -
Workers warned Budget tax rises will hit their wages
Economists say tax rises in the Budget will mean employers have less to give as pay rises.Top stories - BBC News - October 31 -
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 -
UniCredit Raises 2024 Outlook After Earnings Rise
UniCredit lifted its earnings guidance for the year after reporting a net profit increase that exceeded expectations.Business - The Wall Street Journal - November 6 -
Deutsche Telekom Lifts Outlook After Profit Beat
The telecoms group raised its full-year guidance for a key earnings metric after reporting higher net profit in the third quarter, citing continued growth momentum on both sides of the Atlantic.Business - The Wall Street Journal - November 14 -
Sinologist Li Cheng: ‘America is not in the mood to study China’
The political expert on the breakdown of US-Sino relations, what Xi Jinping’s fourth term might hold — and why neither Harris nor Trump makes him hopeful of changeBusiness - Financial Times - October 25 -
Pearson Underlying Sales Rise, Plans Further Growth Through AI
Pearson delivered higher underlying sales for the third quarter, supported by growth across all divisions, and said it planned to accelerate its artificial-intelligence capabilities to drive ...Business - The Wall Street Journal - October 29 -
Chipotle misses revenue estimates as same-store sales growth disappoints
Chipotle's same-store sales rose 6% in the third quarter, just missing Wall Street's expectations.Business - CNBC - October 30 -
FirstFT: Harris calls on America to ‘turn the page’ on Trump
Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after resultsWorld - Financial Times - October 30 -
Puma Sales Growth Picks Up as U.S. Business Recovers
Puma maintained its outlook for the year on the back of an acceleration in sales growth, helped by a recovery in its U.S. business.Business - The Wall Street Journal - November 6 -
Nvidia’s Blackwell AI Chips in Focus as Sales Growth Slows
The advanced chip maker announces quarterly results this week, as reports suggest its newest chips may overheat in powerful AI servers.Business - Inc. - 4 days ago -
Nestle to Step Up Spending in Push to Boost Sales Growth
The food giant tempered its profit expectations for next year and for sales growth over the medium term, as it steps up spending to boost its top line and win market share in the face of a tough ...Business - The Wall Street Journal - 3 days ago -
Call of Duty: Black Ops 6 drove October’s sales growth | Circana
Circana's October best-sellers list is comprised of almost half new games, but Call of Duty: Black Ops 6 and Dragon Ball: Sparking Zero! take top honors.Tech - VentureBeat - 7 hours ago -
Intel Posts More Than $16 Billion Loss but Says Sales Outlook Is Improving
The chip maker attributed nearly $16 billion in charges to its sweeping restructuring efforts. The company’s rosy sales forecast sent shares up about 8% after hours.Business - The Wall Street Journal - October 31 -
Applied Materials Offers Modest Sales Outlook on Slowdown of Chinese Market; Shares Fall
Applied Materials forecasts revenue growth of between 8% and 12% across its core semiconductor-systems business and its applied global-services segment, respectively, but also a 28% drop in display ...Business - The Wall Street Journal - November 14 -
WNBA outlook is promising after record-setting year — but challenges lie ahead
The WNBA outlook seems promising heading into the offseason following a banner season with record ratings, attendance and a first-time champion in New YorkSports - ABC News - October 24 -
Tesla’s Shares Surge 20% After Strong Earnings and Outlook
The company said profits climbed 17 percent in the third quarter. It expects car sales to rise up to 30 percent next year when it plans to begin selling new models.Business - The New York Times - October 24 -
PayPal beat big on a profit metric, but here’s why its stock is falling
PayPal’s fourth-quarter revenue view came in below expectations. The company said it’s focusing on “profitable growth.”Business - MarketWatch - October 29 -
Palo Alto Networks Full-Year Guidance Disappoints; Shares Slip
Palo Alto Networks raised its outlook for the year and said revenue climbed in its fiscal first quarter fueled by further subscription growth.Tech - The Wall Street Journal - 2 days ago -
How gaming can get back to balanced growth | The DeanBeat
This week, we had 42 sessions and 97 speakers at our GamesBeat Next 2024 event. Thank you all for coming and listening.Tech - VentureBeat - November 1
