Latest in Carlsberg Misses Sales Expectations on Weak Consumer Backdrop
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Carlsberg Misses Sales Expectations on Weak Consumer Backdrop
The Copenhagen-based brewer didn’t meet revenue and sales volumes expectations due to a poor performance in China and other countries, but reiterated its full-year guidance.Business - The Wall Street Journal - 9 hours ago -
AB InBev Misses Sales Expectations
Budweiser brewer Anheuser-Busch InBev posted sales volumes that fell by more than analysts had expected, dragged by a weak consumer backdrop in China and Argentina.Business - The Wall Street Journal - 11 hours ago -
Caterpillar’s stock falls as weak equipment sales lead to a rare profit miss
Caterpillar’s stock fell after a rare profit miss, while revenue was below expectations for a fourth straight quarter.Business - MarketWatch - Yesterday -
Heineken Sales Miss Forecasts as Consumers Shy Away From Beer
The Dutch brewer posted sales below analysts’ expectations in the third quarter as the group grappled with challenging consumer and industry trends in some markets, particularly the Americas and ...Business - The Wall Street Journal - October 23 -
IMF chief warns of ‘unforgiving’ debt backdrop and low growth
Kristalina Georgieva says governments’ reluctance to rein in spending heightens public finances challengeBusiness - Financial Times - October 17 -
Iran foreign minister visits Egypt as leaders try to contain regional war
Middle East officials step up diplomatic effort as Israel says it killed Hamas leader Yahya Sinwar in strike on GazaBusiness - Financial Times - October 17 -
L’Oréal sales disappoint due to weak Chinese demand
Revenue at world’s biggest beauty company grew 3.4 per cent in third quarter, when analysts expected 6 per centBusiness - Financial Times - October 22 -
Mercedes-Benz and Porsche look for cost cuts after China slump hits profits
German carmakers exposed to Asian nation’s economic malaise after benefiting from its booming auto marketBusiness - Financial Times - 6 days ago -
Sources: Middleton expected to miss opener
Bucks star Khris Middleton, who is rehabbing from offseason ankle surgeries, is expected to miss Wednesday's season opener against the 76ers, sources told ESPN.Sports - ESPN - October 21 -
OMV Misses Views as Weak Refining, Oil Trading Hit Results
The energy company’s third-quarter profit tumbled and missed expectations on lower refining margins and sales volumes from its oil-and-gas unit.Business - The Wall Street Journal - 2 days ago -
Louis Vuitton Owner LVMH Sees Stock Drop on Weak China Sales
Weak sales in China at LVMH, the owner of Dior, Tiffany and more, sent a shudder through the luxury sector.Business - The New York Times - October 17 -
Procter & Gamble earnings beat estimates, but weak demand in China hurts sales
Procter & Gamble said volume fell in its Greater China market despite the earnings beat.Business - CNBC - October 18 -
Texas Instruments earnings show some improvements, despite weak industrial sales
Texas Instruments grew overall revenue on a sequential basis, though industrial sales still dropped sequentially.Business - MarketWatch - October 23 -
Beyoncé brings star power as Kamala Harris touts ‘freedom’ in Texas
Vice-president seeks to energise women voters as White House race against Donald Trump tightensBusiness - Financial Times - 5 days ago -
Nasdaq hits record high as tech stocks rebound from summer sell-off
Sharp turnaround from 15% slide as investors make ‘heads I win, tails you lose’ betBusiness - Financial Times - 5 days ago -
TotalEnergies Expects Continued Refining Weakness, Lower Hydrocarbon Production
The French oil and petroleum company said it expected to report hydrocarbon output of 2.4 million barrels of oil-equivalent a day for the third quarter, while results in its downstream division are ...Business - The Wall Street Journal - October 15 -
Flooded cars for sale in Arizona? How consumers can spot hurricane damage
As recent Hurricanes Milton and Helene continue to devastate the East Coast, Arizonans could also be affected - in a different way.Sports - Yahoo Sports - October 16 -
Retailers Adjust Holiday Sales Plans to Handle Rising Consumer Stress Levels
Shoppers’ worries about the presidential election and its economic consequences threaten holiday season spending. Retailers are scrambling to limit pullbacks.Business - Inc. - October 23 -
Hint of ‘very high’ consumer inflation expectations raises risks for Treasury market
Buried inside last Friday’s data from the University of Michigan was a shocking inflation outlook from a small segment of consumers — one that is causing some nervousness about whether ...Business - MarketWatch - October 14 -
Louis Vuitton Owner LVMH Misses Revenue Expectations
The French luxury empire said the decline in revenue during the quarter was mainly due to lower growth in Japan.Business - The Wall Street Journal - October 15 -
Clariant Third-Quarter Profits Miss Expectations
The chemicals company reported weaker results for the three months through September and cautioned that it didn’t expect a significant economic recovery in 2024 due to persistent economic challenges.Business - The Wall Street Journal - 2 days ago -
Holiday Sales Growth Expected to Normalize to Prepandemic Levels
Despite shoppers’ election-year concerns and worries about the economy, retail executives predict sales to increase as much as 3.5 percent over last year’s holiday season.Business - The New York Times - October 15 -
Danone Sales Growth Beats Market Expectations
The French food company confirmed its full-year guidance after a strong performance in North America and robust growth in sales volumes helped it deliver higher-than-expected organic revenue growth ...Business - The Wall Street Journal - October 24 -
Sanofi Enters Exclusive Talks With CD&R Over Consumer Business Stake Sale
Sanofi moved ahead with a plan to sell a controlling stake in its consumer-healthcare unit Opella to Clayton Dubilier & Rice, entering exclusive talks for a deal that values the business at $17.4 ...Business - The Wall Street Journal - October 21 -
Trump's coin sale misses early targets as crypto project's website crashes
Former President Donald Trump's launch of the token sale for his crypto project on Tuesday was plagued by problems.Business - CNBC - October 16 -
Trump's coin sale misses early targets as crypto project's website crashes
Donald Trump’s new crypto project is off to a rough start.Top stories - NBC News - October 16 -
GE Aerospace’s stock sinks as total sales beat, but commercial engines miss
GE Aerospace beats earnings expectations but its largest business, commercial engines, missed revenue expectations and the stock pulled back from a 17-year highBusiness - MarketWatch - October 22 -
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 -
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 - Yesterday -
Lilly’s Mounjaro, Zepbound drugs see strong demand. So why did sales disappoint?
Eli Lilly’s stock heads for biggest selloff in more than three years after sales of anti-obesity drugs Mounjaro and Zepbound came up well short of forecasts.Business - MarketWatch - 22 hours ago -
Wendy’s stock falls as same-restaurant sales miss again, by a wide margin
Shares of Wendy’s Co. were knocked lower on Thursday after the fast-food burger chain missed same-restaurant sales expectations again, by the widest margin in more than four years.Business - MarketWatch - 2 hours ago -
Ray-Ban Maker EssilorLuxottica Posts Revenue Increase But Misses Expectations
The Franco-Italian eyewear group’s revenue rose 4% in the third quarter, helped by sales of smart glasses.Business - The Wall Street Journal - October 17 -
Meta misses on user growth, warns of 2025 jump in AI spending
Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings.Business - CNBC - 19 hours ago -
Spain flood death toll expected to rise as dozens missing
Spain is enduring its worst flooding disaster in decades, with at least 95 people dead and dozens more missing.Top stories - BBC News - 19 hours ago -
Ericsson Expects Market to Stabilize as Key North America Sales Rise
The Swedish telecommunications-equipment company said its key networks unit saw an 80% surge in North America sales in the third quarter after winning contracts and as some large customers made ...Business - The Wall Street Journal - October 15 -
Reeves expected to focus rise in capital gains tax on share sales
Chancellor likely to increase CGT in October 30 Budget as part of efforts to close £40bn funding gapBusiness - Financial Times - October 16
