Coca-Cola boosts FY outlook on resilient demand
Coca-Cola (NYSE:KO) reported stronger-than-expected Q3 results on Tuesday, sending its shares 2.6% higher. Adjusted EPS of $0.74 was better than…
Verizon raises free cash flow forecast as subscriber additions top estimates
(Reuters) – Verizon (NYSE:VZ) raised its annual free cash flow forecast on Tuesday as promotions and the U.S. wireless carrier’s…
Kimberly-Clark boosts profit target for third time as price hikes pay off
(Reuters) – Kimberly-Clark (NYSE:KMB) lifted its annual profit forecast for the third time this year after its quarterly profit beat…
Goldman Sachs CEO Anticipates M&A Recovery Despite Ongoing Profit Decline
Goldman Sachs CEO David Solomon expressed mixed sentiments about the current state of mergers and acquisitions (M&A) at the Future…
3M raises full-year profit forecast
(Reuters) – 3M Co on Tuesday raised its full-year adjusted profit forecast as it looks to benefit from cost-cutting measures…
GM withdraws 2023 guidance as UAW strike costs soar
(Reuters) – General Motors (NYSE:GM) on Tuesday withdrew its previous guidance for 2023 profits and near-term electric vehicle production as…
Dollar hits one-month low after US yields drop, euro wavers on weak data
(Reuters) – The dollar fell to a one-month low on Tuesday against its major peers after U.S. Treasury yields dropped,…
Analysis-Cash-rich Exxon, Chevron use stock for mega deals amid energy market jitters
(Reuters) – Exxon Mobil (NYSE:XOM) and Chevron (NYSE:CVX) are flush with cash yet their acquisition targets are taking stock as…
Citigroup CEO Proposes Security Expansion in ESG Factors Amid Global Tensions
In the wake of escalating tensions between Israel and Hamas, Citigroup Inc (NYSE:C).’s CEO Jane Fraser has underscored the need…
Gold prices mixed as yield rally cools, US data barrage in focus
Gold prices traded in a mixed range on Tuesday, retaining most recent gains as traders watched for any more developments…