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

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  • 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 - 1 hour ago

  • Entain Raises Full-Year Guidance After Results Exceed Expectations

    Ladbrokes owner Entain raised its full-year guidance and reported third-quarter results that exceeded its own expectations, helped by growth in the U.S.
    Business - The Wall Street Journal - October 17

  • Adidas Raises Guidance on Better-Than-Expected Results

    The German sportswear company cited better-than-expected results for the third quarter and brand momentum.
    Business - The Wall Street Journal - October 15

  • Hasbro’s third-quarter profit beats expectations, but its stock slips

    Hasbro Inc.’s third-quarter profit beat expectations Thursday, fueled by its gaming and licensing businesses shares, but the toy maker’s stock is down 4%.
    Business - MarketWatch - October 24

  • GM stock has best day since 2020 after automaker tops Wall Street's third-quarter expectations, raises guidance

    GM's quarterly report comes just two weeks after an investor day in which the company indicated its earnings strength is expected to continue into next year.
    Business - CNBC - October 22

  • Abbott Labs beats Q3 sales and earnings expectations, raises full-year outlook

    Abbott Laboratories on Wednesday reported better-than-expected third-quarter earnings and sales, boosted by strength in the company’s medical-devices business.
    Business - MarketWatch - October 16
  • UBS reports better than expected profits

    UBS reports better than expected profits

    Swiss bank’s markets business helped by increase in volatility
    Business - Financial Times - Yesterday

  • 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

  • Barclays shares hit nine-year high after third quarter profit jumps 23%, beating expectations

    British bank Barclays on Thursday reported £1.6 billion ($2 billion) net profit attributable to shareholders for the third quarter, beating expectations.
    Business - CNBC - 6 days ago
  • Truck maker Volvo's Q3 adjusted profit falls more than expected

    Truck maker Volvo's Q3 adjusted profit falls more than expected

    Adjusted operating profit was 14.1 billion crowns ($1.34 billion against a year-earlier 19.3 billion and a mean forecast in an LSEG poll of analysts of 15.6 billion, on a sales drop of 12%. Volvo ...
    Sports - Yahoo Sports - October 18

  • Deutsche Bank shares shed 3% as lender's swing back to profit fails to impress

    The partial release of 440 million euros of litigation provisions in the third quarter helped boost profit, Deutsche Bank said.
    Business - CNBC - October 23

  • Southwest Airlines profit tops estimates, company expects higher revenue in fourth quarter

    Southwest said travel demand remains healthy and it expects unit revenue for the fourth quarter to grow 3.5% to 5.5%.
    Business - CNBC - October 24

  • Swiss bank UBS smashes third-quarter expectations with $1.4 billion in profit

    Swiss banking titan UBS on Wednesday posted a large profit beat, after completing its first wave of client migrations following its integration of collapsed domestic rival Credit Suisse.
    Business - CNBC - 22 hours ago

  • Carvana raises 2024 earnings guidance after topping Wall Street's Q3 expectations

    Carvana said its adjusted EBITDA would be "significantly above the high end" of its previous target of $1 billion to $1.2 billion.
    Business - CNBC - 18 hours ago

  • United Airlines sheds unprofitable capacity in better-than-expected quarter

    Revenue from basic economy seats shot up 20% at United.
    Business - MarketWatch - October 16

  • U.S. economy grew at a 2.8% pace in the third quarter, less than expected

    Gross domestic product was expected to increase at a 3.1% annualized pace in the third quarter.
    Business - CNBC - Yesterday
  • The U.S. economy grew at a 2.8% pace in the third quarter, less than expected

    The U.S. economy grew at a 2.8% pace in the third quarter, less than expected

    The U.S. economy posted another solid though slightly disappointing period of growth in the third quarter, propelled higher by strong consumer spending that has defied expectations for a slowdown.
    Top stories - NBC News - Yesterday
  • 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 - 22 hours ago

  • 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

  • When to book your holiday travel and what to expect

    As another potential record-breaking holiday season is on the way, you may want to book those flight tickets early. Airfare tracking site Hopper says to expect prices to start climbing as soon as ...
    Top stories - CBS News - October 14
  • Holiday Sales Growth Expected to Normalize to Prepandemic Levels

    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

  • We reiterate our 1 rating on Microsoft despite its softer guidance — here's why

    The numbers look different this quarter due the company re-segmenting a few businesses, but overall there's not much to complain about.
    Business - CNBC - 14 hours ago

  • Boeing raises greater-than-expected $21 billion from new stock sales

    Boeing said Tuesday that it will raise nearly $21 billion from a public offering of common stock and depositary shares — more than the roughly $19 billion that was initially mooted.
    Business - MarketWatch - Yesterday

  • Nvidia and Apple supplier TSMC shares pop after quarterly profit soars on AI demand

    TSMC, the world’s largest producer of advanced chips, posted a 54% hike in third-quarter profit.
    Business - CNBC - October 18

  • BP shares fall to lowest since 2022 after sharp drop in the oil major's third-quarter profit

    British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices.
    Business - CNBC - 2 days ago

  • Oil giant Shell posts $6 billion profit beat, launches new share buyback program

    British oil giant Shell on Thursday posted a small year-on-year drop in third-quarter profit as a sharp drop in crude prices was offset by higher gas sales.
    Business - CNBC - 5 hours ago

  • 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
  • Liverpool expect to make more than £60m a year from new Adidas kit deal

    Liverpool expect to make more than £60m a year from new Adidas kit deal

    German company to replace Nike from 2025-26 season Slot says Liverpool can get better despite flying start Liverpool expect to make more than £60m a year from a new kit deal with Adidas that ...
    World - The Guardian - October 22

  • Santander's Profit Beats Expectations on Lower Provisions, Costs

    Spain’s largest bank by market capitalization reported a 12% on-year increase in net profit for the three months ended Sept. 30, as lighter provisions and costs helped offset the impact from the ...
    Business - The Wall Street Journal - 2 days ago

  • Samsung Sees Progress in Memory Chips for AI After Delays

    The South Korean tech giant reported better-than-expected net profit but earnings in its core semiconductor business shrank sharply.
    Tech - The Wall Street Journal - 9 hours ago
  • Retailers Can Expect Another Record-Breaking Holiday Season

    Retailers Can Expect Another Record-Breaking Holiday Season

    The National Retail Federation anticipates up to $990 billion in holiday sales despite inflation-wary consumers.
    Business - Inc. - October 15

  • Akzo Nobel Sees Full-Year Earnings at Lower End of Guidance

    The Dutch paints company reported a fall in third-quarter net profit, missing consensus views, and said it expected full-year earnings at the lower end of its guidance.
    Business - The Wall Street Journal - October 23

  • Roblox’s stock soars on third-quarter bookings beat and raised guidance

    Roblox shares rose after the online gaming company reported better-than-expected third-quarter bookings and raised its full-year guidance.
    Business - MarketWatch - 1 hour ago
  • Dune: Messiah Might Arrive Sooner Than Expected

    Dune: Messiah Might Arrive Sooner Than Expected

    Following the release of Dune: Part Two earlier this year, director Denis Villeneuve suggested that he might take an extended break from the franchise before returning for a third film based on ...
    Tech - GameSpot - October 18
  • 'Sorry' water boss has plan to end sewage spillages

    'Sorry' water boss has plan to end sewage spillages

    Water UK chief apologises for the industry's performance as the sector faces a "root and branch" review.
    Top stories - BBC News - October 23
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Topics
  • Peloton Raises Full
  • Raises Full Year
  • Full Year Profit
  • Year Profit Guidance
  • Profit Guidance Expects
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