Target forecasts strong holiday-quarter profit on lower inventory levels, supply-chain costs
By Siddharth Cavale and Ananya Mariam Rajesh Target on Wednesday forecast holiday-quarter profit largely above Wall Street expectations
1970-01-01 08:00
China's JD.com posts higher third-quarter profit on easing supply chain woes
(Reuters) -JD.com on Wednesday reported quarterly revenue below estimates, but posted a surge in profit as supply chain challenges eased.
1970-01-01 08:00
Italy's Fincantieri 'well on track' to meet 2027 goals
Italian shipbuilder Fincantieri said on Wednesday it is "well on track" to deliver the goals set out in
1970-01-01 08:00
Biogen cuts annual profit forecast on higher deal costs (Nov 8)
(This Nov. 8 story has been corrected to say Biogen cut profit forecast due to costs related to a deal,
1970-01-01 08:00
EV maker Canoo slashes spending for second half of 2023, forecasts smaller loss
Canoo on Tuesday slashed spending plans for the second half of the year amid a market slowdown for
1970-01-01 08:00
Brazil's Azul lowers 2023 earnings forecast but sees better 2024
SAO PAULO Brazilian airline Azul on Tuesday reduced its forecast for core earnings this year due to slower
1970-01-01 08:00
Delivery Hero slightly lifts annual GMV outlook
(Corrects year-on-year comparison in penultimate paragraph to a loss of 624 million euros, not a loss of 467.2 million euros)
1970-01-01 08:00
Home Depot posts smaller-than-expected quarterly sales drop
Home Depot posted a smaller-than-expected decline in quarterly same-store sales on Tuesday, as a switch to small-scale projects
1970-01-01 08:00
China's Tencent Music tops quarterly revenue estimates
(Corrects second paragraph to say revenue fell, not rose) China's Tencent Music Entertainment topped third- quarter revenue estimates
1970-01-01 08:00
Apple supplier Foxconn posts surprise rise in quarterly profit
TAIPEI (Reuters) -Apple Inc supplier Foxconn reported on Tuesday a surprise 11% increase in third-quarter profit, boosted by strong demand
1970-01-01 08:00
Trump's Truth Social reports $73 million net loss since launch
Former U.S. President Donald Trump's social media platform Truth Social has lost $73 million since its launch in
1970-01-01 08:00
Brazil food processor BRF posts $53.4 million net loss in Q3
SAO PAULO Brazilian pork and poultry processor BRF SA on Monday reported a 262 million real ($53.37 million)
1970-01-01 08:00