Latest in Reiterates Guidance China
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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 - 6 days ago -
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 - 5 days ago -
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 - 5 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 - 5 days ago -
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 - 5 days ago -
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 - 5 days ago -
Intel shares jump 7% on earnings beat, uplifting guidance
Intel reported better-than-expected earnings following a quarter filled with challenges.Business - CNBC - 5 days ago -
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 - 5 days ago -
Freshpet’s stock jumps premarket after earnings beat and company raises guidance
Sales rose more than 25% for a 25th straight quarterBusiness - MarketWatch - Yesterday -
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 - 15 hours ago -
A Japanese boy was killed in China. Was cyber-nationalism to blame?
The Chinese government has been accused of using online nationalism as a useful safety valve.Top stories - BBC News - October 13 -
China is turning Japanese
At least that’s what the bond market is whisperingWorld - Financial Times - October 17 -
China’s economic ills are serious but not incurable
Unfortunately, policymakers have made things worse by resorting to temporary palliativesBusiness - Financial Times - October 15 -
China’s investors are counting on fiscal stimulus
Recent market rally will peter out without decisive policy action to boost the economyWorld - Financial Times - October 16 -
Is China cannibalising the EU car industry?
Troubles at VW point to growing doubts about future of Europe-wide sector as imports of cheap EVs rise. For decades Germany has enjoyed a reputation as Europe’s car capital, with slogans such as ...World - The Guardian - October 20 -
China asks: what is an e-bike?
State bureaucracy makes the question more difficult than it may seemWorld - Financial Times - October 22 -
Xi tightens stranglehold on China’s academia
Scholars fired or disappeared as Beijing clamps down on discussion of sensitive topics including economyWorld - Financial Times - October 23 -
Why It’s Getting Harder to Fly to China
European carriers are enduring higher costs because they have to avoid Russian airspace, while a sluggish economy and geopolitical tensions are hurting business travel to China.Business - The New York Times - October 25 -
UK borrowing costs hit highest level this year as gilt sell-off intensifies
Bond markets unnerved by scale of extra borrowing in chancellor Rachel Reeves’ BudgetBusiness - Financial Times - 5 days ago -
Western consumer groups unconvinced by China’s economic stimulus efforts
Falling sales for luxury, beauty and beer companies fuel doubts about Beijing’s attempts to boost confidenceBusiness - Financial Times - 5 days 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 -
GM stock has best day since 2020 after automaker tops Wall Street's third-quarter expectations, raises guidance
GM's quarterly report comes just two weeks after an investor day in which the company indicated its earnings strength is expected to continue into next year.Business - CNBC - October 22 -
EPA internal guidance recommends employees remove insignias during dangerous field work
Internal guidance issued to Environmental Protection Agency (EPA) employees encourages them to manage risk in potentially dangerous field work by concealing agency insignias on clothing and ...Politics - The Hill - October 24 -
Centene’s stock soars 11% after earnings sweep past estimates and company backs guidance
Chief Executive Sarah M. London said the company had navigated a “dynamic landscape” in the quarter amid turmoil in the Medicaid business.Business - MarketWatch - October 25 -
Pfizer tops earnings estimates, hikes full-year guidance as Covid products help sales
It is a critical quarterly report for Pfizer, which is grappling with activist pressure from Starboard Value.Business - CNBC - October 29 -
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 - 6 days ago