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Disney Q4 bolstered by strong results from streaming, 'Inside Out 2' and 'Deadpool & Wolverine'
Disney’s fourth-quarter adjusted profit beat Wall Street’s expectations, bolstered by strong results from its streaming service and box office success with “Inside Out 2” and “Deadpool & Wolverine.”Tech - ABC News - 14 hours ago -
Disney Q4 results top estimates bolstered by strong results from company's entertainment business and streaming service
Disney Q4 results top estimates bolstered by strong results from company's entertainment business and streaming serviceTech - ABC News - 17 hours ago -
Home Depot earnings sweep past estimates, but interest rates pressure home remodeling
Home Depot executives discussed the impact of President-elect Donald Trump’s proposal to impose new tariffs.Business - MarketWatch - 2 days ago -
More companies than usual are downbeat on the end of the year — but Wall Street’s profit estimates are still strong
As Wall Street’s attention turns to the final three months of the year, more companies are downbeat, even as analysts remain upbeat about profit growth.Business - MarketWatch - 4 days ago -
Paramount’s earnings lag estimates as streaming gains are offset by weak film and TV revenue
The company still expects to close its merger with Skydance, the studio run by David Ellison, in the first half of 2025.Business - MarketWatch - 6 days ago -
Papa John’s stock falls as same-store sales hurt by still-cash-strapped consumer
Pizza chain says it’s still operating in a challenging consumer environment.Business - MarketWatch - November 7 -
Maurizio Cattelan’s duct-taped ‘banana’ artwork estimated to fetch up to US$1.5m at New York auction
The viral artwork, involving a banana stuck to a wall, is once again in the spotlight, as Sotheby’s prepares to auction it for an eye-watering sum. Italian artist Maurizio Cattelan ’s notorious ...World - The Guardian - November 7 -
Toyota posts nearly 20% drop in second-quarter operating profit, missing estimates
Despite the lower takings, Toyota had raised its interim and full year dividend forecastBusiness - CNBC - November 6 -
Yum Brands earnings miss estimates as KFC, Pizza Hut report same-store sales declines
KFC and Pizza Hut both reported steeper-than-expected declines in their same-store sales.Business - CNBC - November 5 -
Yum Brands’ earnings fall short of estimates as Pizza Hut parent says consumers are still pressured
Only Taco Bell managed same-store sales gains.Business - MarketWatch - November 5 -
Bristol Myers Squibb tops earnings estimates and hikes outlook, helped by Eliquis and new drugs
The pharmaceutical giant also raised its full-year revenue forecast to an increase of roughly 5%.Business - CNBC - October 31 -
Merck tops earnings estimates on strong demand for Keytruda, new drugs even as HPV vaccine sales fall
The company saw strong sales from its top-selling cancer drug Keytruda, recently launched treatments and its animal health business.Business - CNBC - October 31 -
Peloton’s stock soars 30% after company names Apple Fitness+ co-founder as new CEO
Peloton announced the appointment of Peter Stern as new CEO effective Jan. 1. Stern is the co-founder of Apple Fitness+ and has done stints at Ford Motor Co. and Time Warner Cable.Business - MarketWatch - October 31 -
FirstFT: US consumers continue to spend, spend, spend
Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election resultWorld - Financial Times - October 31 -
Bank of Japan holds rates but signals normalisation still on track
Political uncertainty following election upset raises risks of abrupt policy shifts, warn analystsWorld - Financial Times - October 31 -
Stellantis hit by sales slide in US and Europe
Fiat, Jeep and Peugeot owner suffers 27% drop in third-quarter sales but signals improvement to US inventoryWorld - Financial Times - October 31 -
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Samsung falls short of expectations as chipmaker fails to reap AI benefits
Third-quarter operating profit far lower than analyst consensus and trails domestic rival SK HynixWorld - Financial Times - October 31 -
Donald Trump and the autocrats' playbook
‘This is a man who should be nowhere near power’World - Financial Times - October 31 -
UK Labour’s Budget borrows big, taxes more
Chancellor Rachel Reeves announced a £40bn tax increase and a sharp rise in borrowingWorld - Financial Times - October 31 -
10-, 30-year Treasury yields drop again after GDP data opens door to Q4 slowdown
Yields on long-dated Treasurys closed lower on Wednesday after a weaker-than-expected reading on third-quarter U.S. economic growth gave way to the possibility of another slowdown in the final ...Business - MarketWatch - October 30