Tumbles Profit
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MarketWatch - Business
Corning’s stock rises as it sticks to Q3 profit view
Maker of optical fiber and displays continues to expect Q3 profit of 50 cents to 54 cents a share.5 hours ago -
MarketWatch - Business
Britain’s top clothes seller Next lifts profit guidance again
Next’s sales were boosted by surging sales in its overseas businesses including in the U.S. and India10 hours ago -
Financial Times - Business
Next lifts profit forecast to nearly £1bn as retailer defies high street malaise
Retail bellwether raises outlook for second time since August10 hours ago -
MarketWatch - Business
Treasury-bill rates tumble after Fed delivers biggest interest-rate cut in years
Yields on Treasury bills maturing in up to three months tumbled on Wednesday, after the Federal Reserve delivered a half-percentage-point interest-rate cut and signaled the likelihood of additional ...21 hours ago - Federal Reserve -
BBC News - Top stories
Unlawful care homes ‘profiteer’ from at-risk kids
Placing children with complex needs in care threatens to bankrupt some councils, the Family Court is told.Yesterday -
MarketWatch - Business
General Mills’ profit falls 14% on inflation woes, margin pressure
General Mills Inc.’s stock rose Wednesday after the packaged-food giant beat Wall Street estimates for adjusted profit and revenue, although it said it continues to face inflation and pressure on ...Yesterday -
MarketWatch - Business
23andMe’s independent directors quit in clash with CEO over buyout plan
The directors said the decision comes after months of work that failed to result in an actionable plan that meets the interests of non-affiliated shareholders.Yesterday -
MarketWatch - Business
Media mogul Byron Allen sells stunning Aspen mansion for $60 million, at a nice profit
The CEO of the largest privately held media company in the U.S. reportedly bought the property four years ago for $27 million.Yesterday -
NBC News - Top stories
OceanGate CEO put profits over safety ahead of Titan's fatal voyage, ex-employee says
In a desire to get a working submersible to the Titanic wreck site as fast as possible, the Titan was built at a risk to safety, with cost-cutting measures and poor engineering permitted by CEO ...Yesterday -
Financial Times - Business
Profit outlook dents THG as it considers separating Ingenuity arm
Ecommerce group says it is ‘progressing options’ to demerge division2 days ago -
The Wall Street Journal - Business
U.S. Steelmakers Warn of Lower Profits as Manufacturers Slow Factories
Nucor and Steel Dynamics forecast a drop in third-quarter earnings, citing weaker demand and shaky prices.2 days ago -
The Guardian - World
Brexit deal ‘stifling’ UK-EU trade; German investor morale tumbles – business live
EU-UK trade deal continues to hurt trade with 27% drop in exports since 2021 reports Aston University. UK’s post-Brexit checks on fruit and vegetables delayed for a third time Here’s Peter ...2 days ago - Germany -
MarketWatch - Business
Nucor’s stock falls after steelmaker issues profit warning, citing lower selling prices
Nucor’s stock slumped Tuesday after the steelmaker maker warned investors of a third-quarter profit shortfall, as lower selling prices weighed on its steel-mill business.2 days ago -
Financial Times - Business
After oil’s tumble, where will prices settle?
Last week’s wipeout in prices prompted a flurry of forecast changes from analysts2 days ago -
The Wall Street Journal - Business
Kingfisher Lifts Lower End of Guidance As Profits Rise
B&Q owner Kingfisher raised the lower end of its fiscal 2025 profit guidance above market expectations, after the B&Q owner posted higher earnings for the first half, despite weaker sales.2 days ago