December Disappointing Forecasts
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Legrand Misses Forecasts But Keeps Outlook
Legrand posted lower profits for its first quarter following a slowdown in the construction sector, but confirmed its financial targets for the year.The Wall Street Journal - World -
Societe Generale Shares Climb on Above-Forecast First Quarter
Societe Generale’s results were better than expected at the revenue and underlying profit levels and showed early recovery signs in French retail banking, analysts said.The Wall Street Journal - World -
US labour market undershoots forecasts with 175,000 new jobs
Non-farm payrolls figure for April indicates US economy is cooling and bolsters expectations for rate cuts this yearFinancial Times - World -
Societe Generale chief defends controls after Hong Kong trader’s unauthorized bets
The French banks both outstripped analysts’ expectations, causing their share prices to surgeMarketWatch - Business - Hong Kong -
Forecasting QB competitions after 2024 NFL Draft: Broncos, Patriots poised to open with rookie signal-callers
An early look at potential camp battlesCBS Sports - Sports - NFL -
US economy misses forecasts with 175,000 new jobs in April; FTSE 100 at record high – business live
Rolling coverage of the latest economic and financial news. Newsflash: The UK’s services sector has posted the fastest business activity growth in almost a year, reinforcing hopes that the recession is over.. Data firm S&P Global has reported that ...The Guardian - World