CIBC posts decline in second-quarter profit on loan loss provisions
CIBC reported a decline in second-quarter profit on Thursday, as the Canadian lender set aside higher provisions to
1970-01-01 08:00
American Eagle cuts annual revenue forecast on weak apparel demand
(Reuters) -American Eagle Outfitters Inc cut its full-year revenue forecast on Wednesday, as apparel demand wavers due to still-high inflation,
1970-01-01 08:00
Nvidia forecasts second-quarter revenue above estimates
Nvidia Corp on Wednesday forecast second-quarter revenue above Wall Street estimates, as the growing popularity of artificial intelligence
1970-01-01 08:00
Chipmaker Analog Devices' weak forecast sparks share selloff
(Reuters) -Analog Devices Inc said on Wednesday that a turbulent economy would weigh on its third-quarter results, sending the chipmaker's
1970-01-01 08:00
Abercrombie & Fitch raises annual sales forecast, shares jump 20%
(Reuters) -Abercrombie & Fitch Inc raised its annual sales on Wednesday, banking on steady demand for its clothes and accessories
1970-01-01 08:00
Kohl's maintains full-year forecasts after Q1 sales miss
(Reuters) -Kohl's Corp maintained its full-year profit and operating margin forecasts even as it missed quarterly sales estimates on Wednesday,
1970-01-01 08:00
Canada's BMO, Scotiabank report lower income on higher provisions
Bank of Montreal and Bank of Nova Scotia on Wednesday reported lower adjusted earnings at home as the
1970-01-01 08:00
Bank of Montreal quarterly profit rises on higher interest income
Bank of Montreal's second-quarter profit jumped as higher interest rates shored up the lender's net interest income, the
1970-01-01 08:00
China's Lenovo revenue falls for third consecutive quarter as PC demand slumps
By Josh Ye HONG KONG China's Lenovo Group Ltd on Wednesday reported a 24% fall in revenue for
1970-01-01 08:00
Auto parts retailer AutoZone misses Q3 sales estimates on inventory pile-up
Auto parts retailer AutoZone Inc missed expectations for third-quarter net sales on Tuesday, as increased prices of automobile
1970-01-01 08:00
Lowe's cuts annual sales, profit forecasts as demand wavers
(Reuters) -Lowe's Cos Inc cut its annual comparable sales and profit forecasts on Tuesday, as demand dwindles for home improvement
1970-01-01 08:00
Canadian banks see earnings risk from commercial property loans, TD in focus
By Nivedita Balu TORONTO Canadian banks are expected to report a rise in bad debt provisions and highlight
1970-01-01 08:00