Latest in Guidance Opposite Directions
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Ford sees another $1 billion EV loss, lowers guidance and its stock falls 6%
Ford Motor Co. reported earnings late Monday, but investors looked past a beat.Business - MarketWatch - October 28 -
Canadian opposition party says it wants to topple Trudeau's government in Parliament
A Quebec nationalist party says it will work with other opposition parties in Canada’s Parliament to topple Prime Minister Justin Trudeau’s minority governmentWorld - ABC News - October 29 -
Albania's opposition blocks roads in a protest to demand a caretaker Cabinet
Albanian opposition activists have blocked major roads around the country for several hours, demanding that the government be replaced by a technocratic caretaker Cabinet before next year’s ...World - ABC News - October 29 -
Novartis Lifts Guidance Again After Key Drugs Help Results
The pharmaceutical giant raised its full-year guidance for the third time this year after higher third-quarter profit and sales topped analysts’ expectations, boosted by revenue from its key drugs.Business - The Wall Street Journal - October 29 -
Belarus commission approves Lukashenko's 7th term bid but rejects opposition candidates
The national elections commission in Belarus has registered an initiative group for authoritarian President Alexander Lukashenko to seek a seventh term in office, but rejected the attempts of two ...World - ABC News - October 29 -
Biogen’s stock hit by soft sales of Alzheimer’s treatment
“We continue to see momentum with ongoing product launches and we are increasingly excited about the potential of our pipeline,” the company’s CEO said.Business - MarketWatch - October 30 -
Georgia begins investigating its disputed election but the opposition calls the probe into question
The Prosecutor’s Office in Georgia says it has launched an investigation into alleged vote-rigging in last weekend’s parliamentary election, which officials said was won by the ruling party and the ...World - ABC News - October 30 -
EBay stock sinks after lackluster Q4 guidance, election distraction
EBay reported better-than-expected earnings for the third quarter, but the results were overshadowed by a disappointing forecast for the current period.Business - CNBC - October 30 -
Merck’s stock slides as Q3 earnings beat estimates, but company lowers guidance
Merck’s stock fell Thursday morning, despite the company beating profit and sales estimates for the third quarter.Business - MarketWatch - October 31 -
EstéeLauder Shares Plunge 21% After It Slashes Dividend
The cosmetics giant withdrew its outlook for the current year after reporting another quarter of falling sales.Business - The Wall Street Journal - October 31 -
Danske Bank Lifts Guidance After Net Profit Tops Hopes
The Copenhagen-based bank raised its full-year net profit forecast after reporting a market-beating figure for the third quarter.Business - The Wall Street Journal - October 31 -
Bristol Myers’s stock pops as earnings top estimates and company raises guidance
The company says it “made important strides in the third quarter.”Business - MarketWatch - October 31 -
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 - October 31 -
Intel shares jump 7% on earnings beat, uplifting guidance
Intel reported better-than-expected earnings following a quarter filled with challenges.Business - CNBC - October 31 -
Don't be alarmed by conservative guidance after a solid quarter, Jim Cramer says
CNBC's Jim Cramer on Thursday told investors not to get scared off when a company posts good earnings results but issues more modest guidance.Business - CNBC - October 31