corporate-profits
Top StoriesTeva Pharm Sees Lower 2024 Profit After Large Q4 Beat
Top StoriesConsumer Goods Giants Could See Margin Recovery Halt as Price Hike Benefits Abate
Top StoriesJPMorgan’s Annual Profit Surges to Record Even as Q4 Net Income Dips
Top StoriesTesco Raises Profit Outlook Again After Strong Christmas Sales
M&s Claims Christmas Crown as Food and Clothing Sales Beat Forecasts
Date: January 11, 2024
M&S claims Christmas crown as food and clothing sales beat forecasts By Paul Sandle LONDON (Reuters) -British retailer Marks & Spencer on Thursday reported a better-than-expected 8.1% rise in sales over the Christmas trading period, driven by market-leading growth in food and a strong performance in womenswear. The company said the strong performance – its...
Wall Street Futures Flat, Global Stocks Stumble, Oil Slides as Inflation, Earnings Loom Large
Date: January 8, 2024
Wall Street futures flat, global stocks stumble, oil slides as inflation, earnings loom large By Nell Mackenzie and Natalie Grover LONDON (Reuters) – Wall Street futures were flat while global shares remained red on Monday and investors, wary of central bank narratives, braced for U.S. inflation data and a corporate reporting season where robust results...
FTSE 100 Snaps Two-Day Losing Streak on Sage Results
Date: November 22, 2023
FTSE 100 snaps two-day losing streak on Sage results By Khushi Singh (Reuters) -The UK’s FTSE 100 rose on Wednesday, as higher prices of gold spurred an uptick in precious metal miners, while Sage led gains in the benchmark index after the software firm’s profit jump. The large-cap FTSE 100 was up 0.2% at 0907...
Diy Retailer Kingfisher Cuts Profit Outlook Again on Weak French Market
Date: November 22, 2023
DIY retailer Kingfisher cuts profit outlook again on weak French market By James Davey LONDON (Reuters) -European home improvement retailer Kingfisher on Wednesday downgraded its full-year profit outlook for the second time in three months, blaming a weaker-than-expected market in France. Shares in the group, which owns B&Q and Screwfix in Britain and Castorama and...
Firmer Pound Weighs on FTSE 100 Ahead of Interim Budget; Ashtead Tanks
Date: November 20, 2023
Firmer pound weighs on FTSE 100 ahead of interim budget; Ashtead tanks By Siddarth S and Shashwat Chauhan (Reuters) -UK’s FTSE 100 dipped on Monday, weighed by a stronger pound and a slide in shares of equipment rental firm Ashtead Group, while investors looked forward to a budget update later in the week. The blue-chip...
European Shares Slip on Utilities Drag; Focus on Economic Data, Earnings
Date: November 9, 2023
European shares slip on utilities drag; focus on economic data, earnings By Ankika Biswas (Reuters) -European shares edged lower on Wednesday, with utilities and financials taking the biggest hit, as investors assessed economic data and corporate earnings ahead of remarks from major central bank chiefs during the day. The pan-European STOXX 600 lost 0.2% by...