Telekom Lifts Outlook

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 - 17 hours ago

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

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 - Yesterday

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

Eni Cuts Profit Outlook on Weak Prices, Lifts Buybacks

Eni lowered its guidance for the year due to a decline in oil prices which also hit the Italian energy major’s third-quarter profits, but said it planned to increase its share buy backs.

Business - The Wall Street Journal - October 25

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.

Iberdrola Profit Lifted by Record Investments

Spain’s energy giant Iberdrola posted a 50% rise in net profit for the first nine months of the year helped by record-high investments in its U.S. and U.K. networks.

Business - The Wall Street Journal - October 23

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).

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

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 - October 31

Smith & Nephew cuts outlook on China weakness

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

World - Financial Times - October 31

Apple cautious on holiday outlook as it starts AI rollout

Shares fall despite solid earnings as analysts weigh impact of new ‘Apple Intelligence’ features

Business - Financial Times - November 1

Palantir shares surge on rosy revenue outlook

Palantir is seeing a pickup in artificial intelligence among its U.S. government client base.

Business - CNBC - November 4

Former Trump adviser on U.S. economic outlook

Former President Donald Trump has largely based his 2024 campaign on the economy. Former Trump chief economic adviser Gary Cohn joins CBS News to assess the former president's plans.

UniCredit Raises 2024 Outlook After Earnings Rise

UniCredit lifted its earnings guidance for the year after reporting a net profit increase that exceeded expectations.

Business - The Wall Street Journal - November 6

England’s universities regulator warns of worsening financial outlook

‘Bold’ action required to stop higher education institutions falling into insolvency, says Office for Students

World - Financial Times - 3 hours ago

Warner's leadership ban lifted by Cricket Australia

David Warner's lifetime leadership ban is lifted by Cricket Australia, leaving him free to captain in domestic cricket.

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

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

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 - October 24

Tesla’s Shares Surge 20% After Strong Earnings and Outlook

The company said profits climbed 17 percent in the third quarter. It expects car sales to rise up to 30 percent next year when it plans to begin selling new models.

Business - The New York Times - October 24

Philips shares slide as company blames China for lowered sales outlook

Shares of Philips slumped on Monday as the Dutch healthcare devices company lowered its sales outlook for the year.

Business - MarketWatch - October 28

NHS in England to receive £1.5bn next year to boost appointments

Fresh funding comes as part of wider package which will be set out by Reeves in Budget on Wednesday

Business - Financial Times - October 28

PayPal beat big on a profit metric, but here’s why its stock is falling

PayPal’s fourth-quarter revenue view came in below expectations. The company said it’s focusing on “profitable growth.”

Business - MarketWatch - October 29

JetBlue’s stock tumbles as downbeat revenue outlook raises risk of more losses

JetBlue’s stock sinks after Q3 results beat expectations but the Q4 revenue outlook disappointed.