Reddit surges to new high after strong holiday-quarter forecast
REDDIT shares surged as much as 22 per cent in extended trading on Tuesday (Oct 29) after the company’s sales ...
Tag: forecast
India central bank’s rosy growth forecast baffles economists
THE Reserve Bank of India’s (RBI) upbeat growth estimates for the world’s fastest-growing major economy is causing both confusion and ...
Mattel beats profit estimates on cost controls but trims annual sales forecast
MATTEL topped Wall Street estimates for quarterly profit as the Barbie parent kept a tight leash on costs but lowered ...
Whirlpool reaffirms forecast despite pre-election sales slump
WHIRLPOOL, the owner of Maytag, rose in late trading on Wednesday (Oct 23) after reporting better than expected earnings, and ...
Hilton cuts 2024 room revenue growth forecast on slowing consumer spending
HILTON Worldwide lowered its annual room revenue growth and net income forecasts as steady demand in Europe and business travel ...
3M raises profit forecast after quarterly beat on electronics demand
An uptick in demand for electronics used in vehicles and mobile phones boosted profit for the company3M Co raised the ...
Moody’s raises full-year profit forecast above estimates on strong product demand
RATINGS agency Moody’s raised its full-year adjusted profit forecast above Wall Street estimates and posted a nearly 31 per cent ...
Boeing to book more than US$1 billion in wage-related costs from new labour proposal, analysts forecast
BOEING is expected to book more than US$1 billion in wage-related expenses from its proposed labour contract, analysts said. About ...
Nestle announces restructuring, misses nine-month organic sales forecast
NESTLE announced it is revamping senior leadership and its operating structure, cut its full-year sales outlook and reported worse-than-expected nine-month ...
TSMC’s third-quarter revenue easily beats market forecast
TAIWAN Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, reported on Wednesday (Oct 9) third-quarter revenue that easily beat ...