T-Mobile lifts free cash flow forecast as profit, subscriber additions beat estimates
(Reuters) -T-Mobile US on Wednesday raised the lower end of its annual free cash flow forecast after quarterly subscriber additions
2023-10-25 19:20
Deutsche Bank shares surge as it promises more cash for investors
Shares in Deutsche Bank surged nearly 7% Wednesday after it said strong earnings meant it could pay out more cash to shareholders over the next two years than previously anticipated.
2023-10-25 19:19
Thermo Fisher cuts annual profit forecast on weak biotech demand
(Reuters) -Medical equipment maker Thermo Fisher Scientific on Wednesday cut its annual profit forecast for the second straight quarter, hurt
2023-10-25 18:46
UPenn donors were furious about the Palestine Writes Literature Festival. What about it made them pull their funds?
The University of Pennsylvania's administration faces an overwhelming backlash from donors, many of whom are pulling their funds and calling on the Ivy League institution's president to resign. The root of their anger: A Palestine Writes Literature Festival that took place on campus last month that donors and Penn's administration both say included speakers with a history of making antisemitic statements, a characterization organizers and attendees reject.
2023-10-25 18:28
Porsche confirms outlook but warns luxury not immune to economic woes
By Victoria Waldersee BERLIN Porsche AG reported nine-month results in line with its annual forecast on Wednesday but
2023-10-25 18:16
Kering shares fall 4% after sales drop, dragging down luxury sector
PARIS (Reuters) -Shares in French group Kering fell on Wednesday to their lowest since March 2020, dragging down other luxury
2023-10-25 17:24
Aussie rises on higher rates risk, dollar pauses
By Rae Wee and Alun John SINGAPORE/LONDON (Reuters) -The U.S. dollar steadied on Wednesday, back near last week's close after
2023-10-25 16:56
Gucci Sales Fall as Kering Lags Peers Facing Luxury Slowdown
Gucci sales fell as Kering SA’s biggest brand grappled with the twin challenges of a luxury goods slowdown
2023-10-25 15:49
Heineken shares rise as brewer holds full-year forecast
BRUSSELS/LONDON (Reuters) -Heineken retained its full-year outlook on Wednesday, bolstering shares in the world's second largest brewer even as it
2023-10-25 15:23
Dulux owner Akzo sees core earnings towards low end of forecasts
(Reuters) -Dutch paints and coatings maker Akzo Nobel has set out a plan to save costs and improve supply chain
2023-10-25 15:15
SEB’s Third-Quarter Earnings Show Boon From Rates Begins to Ease
SEB AB, the largest Swedish bank by market capitalization, posted a third-quarter net interest income that matched analysts’
2023-10-25 14:23
Reckitt posts 3.4% rise in quarterly like-for-like sales
LONDON Reckitt, maker of Dettol and Lysol cleaning products, on Wednesday missed third-quarter like-for-like sales expectations despite raising
2023-10-25 14:15