Outlook Again Continued

STMicroelectronics Cuts Outlook Again on Continued Weak Demand

STMicroelectronics slashed its annual guidance for the third time this year after posting a slump in net profit and sales, as demand for chips in cars and industrial equipment remained weak.

Business - The Wall Street Journal - 12 hours ago

CVS cuts outlook yet again — while swapping out CEO for a company veteran

“The shift in management is not surprising as the company looks to level set its operations and strategically position itself for future growth,” analyst said.

Business - MarketWatch - October 18

Starbucks shares slide after coffee chain says sales fell again, suspends outlook

The company's same-store sales slid for the third consecutive quarter, fueled by a 10% tumble in traffic to its North American stores.

Business - CNBC - October 23

Maps show NOAA's winter outlook

NOAA has released its seasonal outlook for the 2024-25 winter months, which predicts the U.S. will slowly transition into a La Niña pattern.

Martin Rowson on a parlous outlook for the UN – cartoon

World - The Guardian - October 15

Unilever Backs Outlook After Sales Growth

The consumer goods giant reiterated its full-year guidance after underlying sales grew more than expected in the third quarter as shoppers welcomed easing price hikes and began buying more of the ...

Business - The Wall Street Journal - October 24

Workers warned Budget tax rises will hit their wages

Economists say tax rises in the Budget will mean employers have less to give as pay rises.

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 - 12 hours ago

Smith & Nephew cuts outlook on China weakness

FTSE 100 medical manufacturer reports price pressures and worse-than-expected demand

World - Financial Times - 5 hours ago

In a New Era of Jeans, What You See Isn’t Always What You Get

Sales are thriving in the uncanny valley of printed denim.

Lifestyle - The New York Times - October 21

Prisoners freed early (again)

Plus, Newscast is heading to America!

New York Was a Shopping Town. Is It Again?

Small, medium and large: There seem to be signs of life for brick-and-mortar operations of every size in the city … once again.

Lifestyle - The New York Times - October 22

Volkswagen is in crisis again. Can it be reformed?

Europe’s largest carmaker is at war with workers and politicians as it tries to navigate a painful EV transition

World - Financial Times - 14 hours ago

UnitedHealth’s stock rocked as a big jump in medication costs hurt profitability

UnitedHealth’s stock was having its worst day in more than four years on Tuesday, after the healthcare giant beat third-quarter profit and revenue expectations but missed on medical-care ...

Business - MarketWatch - October 15

LVMH shares down 7% after warning of ‘uncertain’ outlook

World’s largest luxury group hit by pullback in Chinese consumer spending

Business - Financial Times - October 16

Global electricity demand to double by 2050, IEA’s World Energy Outlook says

Electricity demand is set to increase at levels equivalent to adding a new Japan to the world each year, the International Energy Agency said

Business - MarketWatch - October 16

NOAA releases 2024-25 winter weather outlook: Here's what to expect

Depending on where you live in the U.S., this winter could bring a mix of snow and rain or unseasonably warm weather, according to climate experts.

Politics - The Hill - October 17

Genuine Parts stock slides on Q3 earnings miss, lowered outlook

Shares of Genuine Parts Co. fell 10.1% in premarket trading after the auto-parts company reported lower-than-expected third-quarter earnings and lowered its outlook, citing weakness in market ...

Business - MarketWatch - October 22

Salzgitter Cuts Outlook After Swing to Nine-Month Pretax Loss

The German steel company slashed its outlook for the third time this year, adding that it expects to report a pretax loss for 2024 amid sustained economic weakness.

Business - The Wall Street Journal - October 22

Munich Re Lifts Outlook Despite Third-Quarter Miss

Munich Re’s third-quarter net profit missed consensus forecasts due to hurricane losses but the company said it expected to beat its full-year target.