News
AstraZeneca Raises Full-Year Guidance for Core Earnings and Revenue
AstraZeneca updates full-year guidance for core earnings and revenue, remains optimistic despite lower Q3 profits. Expecting double-digit growth and positive ou...
Thierry Le Henaff to Remain as CEO of Arkema
Thierry Le Henaff will continue as CEO and chairman of Arkema for another four years, with a focus on innovative materials for a sustainable world. Despite a de...
Deutsche Telekom Raises Earnings Outlook for 2023
Deutsche Telekom has raised its earnings outlook for 2023 after reporting a higher quarterly net profit, driven by lower integration costs.
Outlook for a Recession: Goldman Sachs Remains Optimistic
Goldman Sachs economists believe that the negative impact of rate hikes is behind us and the drag on GDP growth will soon dissipate entirely. They highlight the...
Struggle of Mutual Fund Managers in Beating Benchmark
Managers of mutual funds struggle to beat their benchmark, despite a recent increase in performance. Explore the challenges faced and the current trends in the...
Xero Reports First-Half Profit Surge and Strong Revenue Growth
Xero reports a net profit of NZ$54.1 million and a 21% increase in revenue in the first half. The company aims to further reduce operating expenses and maintain...
Clear Secure Reports Strong Third-Quarter Results with Dividend Increase
Clear Secure reports strong Q3 results, including a profit of $26.9 million and increased dividends. Revenue exceeds expectations.
Madison Square Garden Adjusts Operating Income Forecast
Madison Square Garden Entertainment revises operating income forecast for fiscal 2024 due to restructuring charges but remains confident in adjusted operating i...
Cava Group Reports Unexpected Profit Despite Economic Uncertainty
Cava Group, the Mediterranean takeout restaurant chain, achieves unexpected profit amidst economic challenges and inflation. Revenue surges by 49.5% and CEO rai...
Petroleum Futures Prices Drop Amidst Geopolitical Concerns and Seasonal Downtrend
Petroleum futures prices have dropped due to geopolitical concerns and seasonal downtrend. Refining product contracts, such as ultra-low sulfur diesel and RBOB,...