Latest in Lifts Profit Forecast
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Standard Chartered lifts income guidance again after beating third-quarter profit forecasts
The lender, which derives most of its revenue from Asia, saw pre-tax profit jump of 37% from the $1.32 billion posted a year ago.Business - CNBC - October 30 -
Ryanair profit drops as airline cuts passenger forecast
European low-cost carrier blames pressure on consumers for fall in faresBusiness - Financial Times - November 4 -
Honda Motor Cuts Forecasts for Car Sales, Profit
The Japanese automaker cut its annual forecasts for car sales and net profit after posting a drop in first-half earnings due partly to weakness in its auto business in China.Business - The Wall Street Journal - November 6 -
Foxconn reiterates forecasts after record profits
Taiwanese contract manufacturer Foxconn on Thursday said it was reiterating its outlook but with better visibility after record earnings and profit.Business - MarketWatch - November 14 -
ING Lifts Outlook After Profit Beat
ING raised its total income outlook for the year and said it would distribute up to $2.7 billion to shareholders after net profits topped expectations.Business - The Wall Street Journal - October 31 -
Deutsche Telekom Lifts Outlook After Profit Beat
The telecoms group raised its full-year guidance for a key earnings metric after reporting higher net profit in the third quarter, citing continued growth momentum on both sides of the Atlantic.Business - The Wall Street Journal - November 14 -
UBS smashes forecasts with bumper profit, warns of volatility around U.S. elections
The Swiss bank’s profits were boosted by the ongoing integration of wealth management accounts previously run by its main rival Credit SuisseBusiness - MarketWatch - October 30 -
Nintendo profit plunges 69% as it cuts forecast for sales of ageing Switch console
Investors are waiting for news surrounding a successor to the Switch which they hope will re-energize Nintendo's gaming business.Business - CNBC - November 5 -
Nintendo cuts profit guidance on reduced Switch sales forecast
Nintendo on Tuesday trimmed its sales and profit guidance for the March-ending fiscal year, citing reduced demand for the Nintendo Switch.Business - MarketWatch - November 5 -
Toyota Motor Cuts Sales Forecast After Quarterly Profit Halves
The Japanese auto giant cut its annual forecast for group vehicle sales after its second-quarter profit more than halved due partly to weaker sales globally.Business - The Wall Street Journal - November 6 -
Ozempic maker Novo Nordisk nudges higher profit forecast
Novo Nordisk on Wednesday nudged higher its outlook for the year as the drugmaker registered another quarter of strong sales of its weight-loss drugs.Business - MarketWatch - November 6 -
Spotify shares pop on better-than-expected profit forecast
Shares of Spotify rose in after-hours trading as investors focused on the company's profit forecast more than its third-quarter results.Business - CNBC - November 12 -
Siemens Profit Tops Forecasts as Data-Center Demand Offsets Automation Woes
The industrial conglomerate reported a net profit of $2 billion for the fourth quarter, beating market views, after it benefited from high demand for electrical infrastructure driven by data centers.Business - The Wall Street Journal - November 14 -
Delta expects higher profits thanks to high-end travel and 'resilient economy'
Delta, the most profitable U.S. airline, expects to expand capacity by no more than 4% year-over-year in 2025.Business - CNBC - 3 days ago -
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 -
BP beats forecasts despite seeing 31% drop in profits, to lowest since COVID-19
BP’s profits were hit by lower oil prices and a slump in its refining margins, caused by a slowdown in demand for products including jet fuel, diesel and gasolineBusiness - MarketWatch - October 29 -
Airbus Revenue, Earnings Beat Forecasts
Airbus posted earnings and revenue above analysts’ expectations, highlighting diverging fortunes with Boeing a week after the beleaguered company reported a multibillion-dollar loss.Business - The Wall Street Journal - October 30 -
Disruptive snow to hit UK as weather warnings issued
Snow and ice warnings have been issued and disruption is possible as the weather turns colder across the UK.Top stories - BBC News - 6 days ago -
Benn's provisional doping suspension lifted
Conor Benn's provisional suspension is lifted after a two-year battle with UK Anti-Doping (Ukad) and the British Boxing Board of Control (BBBofC).Top stories - BBC News - November 6 -
Commerzbank Lifts Guidance as UniCredit Circles
Commerzbank lifted its full-year guidance for some key metrics and said its strategy is paying off, as UniCredit continued to signal interest in a tie-up with the German lender.Business - The Wall Street Journal - November 6 -
What's the mortgage interest rate forecast for November 2024?
After falling in September, mortgage interest rates rose again in October. Here's what could happen this November.Top stories - CBS News - October 28 -
AMD reports record revenue but Q4 forecast disappoints
Advanced Micro Devices reported record Q3 revenue of $6.8 billio, up 18%. But the shares fell due to a disappointing forecast for Q4.Tech - VentureBeat - October 29 -
Halloween forecasts predict record temperatures in parts of the U.S.
East Coast and southern U.S. states experienced high temperatures this Halloween, with the heat forecast set to break records. CBS News 24/7 anchor Lana Zak reports on the weather and how New ...Top stories - CBS News - October 31 -
Rain forecasted in key swing states on Election Day
Rain is threatening to disrupt Election Day in several key swing states. A cold front is slicing through the middle of the country, bringing a threat of rain showers and thunderstorms from the ...Politics - The Hill - November 4 -
Election forecaster predicts 218-217 House
Sabato’s Crystal Ball, a prominent election forecaster, predicted Monday that this year’s elections will result in a House divided by one vote. “Just like the presidential race, the battle for the ...Politics - The Hill - November 5 -
538's final forecasts for the 2024 election
538's final forecasts for the 2024 election for president between Donald Trump and Kamala Harris, plus the Senate and House.Top stories - ABC News - November 5 -
What's the CD interest rate forecast for November 2024?
Interested in putting some money into a CD account this November? Here's what could happen with the rates on CDs.Top stories - CBS News - November 6 -
Goldman slashes European growth forecasts on Trump trouble
Elections have consequencesWorld - Financial Times - November 7 -
What's the gold price forecast for November 2024?
Planning to add gold to your portfolio soon? Here's where gold prices could be headed this month.Top stories - CBS News - November 8 -
Babcock Results Beat Forecasts on Strong Defense Demand
The defense company—a major contractor for the U.K. government—posted higher revenue and operating profits for the first half of its financial year fueled by geopolitical tensions.Business - The Wall Street Journal - November 13 -
Brussels downgrades Eurozone growth forecast to 1.3%
Germany’s economic struggles weigh down on region as US continues to outpace EuropeBusiness - Financial Times - November 15 -
High energy prices predicted to be 'the new normal'
The energy price cap is predicted to edge up by 1% from January, according to analysis by Cornwall Insight.Top stories - BBC News - 6 days ago -
Thanksgiving Travel Forecasts Hit Record 80 Million
Roads and airports could be jammed this holiday, according to estimates from AAA, which says this year’s total could be the highest ever.Business - Inc. - 5 days ago -
Target shares tumble as retailer’s holiday forecast disappoints
US retailer blames muted sales of non-essential items and rising costsWorld - Financial Times - 4 days ago -
UK government borrowing for October exceeds forecasts at £17.4bn
Data highlights challenges facing chancellor Rachel ReevesWorld - Financial Times - 3 days ago -
Burberry Lifted by Report of Potential Moncler Bid
Shares in Burberry jumped on a report that Moncler could be considering a bid for the U.K. fashion group, which is currently pursuing a turnaround.Business - The Wall Street Journal - November 4 -
Siemens Energy Lifts Outlook on Power Demand Boom
Siemens Energy raised its midterm targets as the energy company bets on a boom in global power demand helped by rising electrification, industrial decarbonization and AI applications.Business - The Wall Street Journal - November 13