Outlook Profit Beat - QuikReader

BP shares fall to lowest since 2022 after sharp drop in the oil major's third-quarter profit

British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices.

Business - CNBC - 2 days ago

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 gasoline

Business - MarketWatch - 2 days ago

Reddit’s stock soars after social-media platform turns a profit, beats Q3 sales and earnings estimates

Reddit said Tuesday that it turned a profit in its third quarter — a first for the social-media platform since becoming a public company earlier this year.

Business - MarketWatch - Yesterday

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 - Yesterday

Oil giant Shell posts $6 billion profit beat, launches new share buyback program

British oil giant Shell on Thursday posted a small year-on-year drop in third-quarter profit as a sharp drop in crude prices was offset by higher gas sales.

Business - CNBC - 4 hours ago

Pringles, Cheez-It parent Kellanova marches on toward Mars merger with another profit beat

Kellanova beat profit expectations for a 15th straight quarter, ahead of its $36 billion merger with Mars.

Business - MarketWatch - 5 hours ago

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.

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 - 14 hours ago

Smith & Nephew cuts outlook on China weakness

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

World - Financial Times - 7 hours ago

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.

Business - The Wall Street Journal - October 22

IMF declares victory over inflation, boosts US economic outlook

International Monetary Fund (IMF) officials sounded a death knell for the post-pandemic inflation Tuesday and raised projections for U.S. economic performance, placing the U.S. at the center of the ...

Politics - The Hill - October 22

IMF warns on China's property market worsening as it cuts country's growth outlook

In a report published Tuesday, the IMF trimmed its forecast for growth in China for this year to 4.8%, 0.2 percentage points lower than in its July projection.

Business - CNBC - October 23

Volvo Cars slashes outlook citing ‘increasingly volatile environment’

Volvo Cars CEO Jim Rowan said the company is facing slower demand in Europe, the U.S. and China.

Business - MarketWatch - October 23

Mattel Lowers Sales Outlook After Barbie Sales Weigh

The toy company’s profit, however, is holding up due to stronger margins, helped by factors such as cost cuts, supply-chain improvements and lower input costs.

Business - The Wall Street Journal - October 23

Unilever reiterates 2024 outlook after third-quarter sales growth

Unilever on Thursday reiterated its 2024 outlook after reporting underlying sales growth of 4.5% in the third quarter.

Business - MarketWatch - October 24

WNBA outlook is promising after record-setting year — but challenges lie ahead

The WNBA outlook seems promising heading into the offseason following a banner season with record ratings, attendance and a first-time champion in New York

Sports - ABC News - 6 days ago

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