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…
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…
Oil prices broadly stable amid flurry of weak economic data
(Reuters) – Oil prices were broadly stable on Tuesday following the previous session’s dip after a flurry of economic data…
Intel stock selloff continues as analysts discuss implications from Reuters report
NVIDIA (NASDAQ:NVDA), known for its dominance in AI computing chips, is now coming after Intel’s (NASDAQ:INTC) personal computer domain. NVIDIA…
Earnings Call: Trueblue Q3 Revenue Drops 18%, Eyes Digital Capabilities And Cost Management
TrueBlue Inc.’s third-quarter revenue fell by 18% to $473 million compared to the previous year, due to a challenging staffing…