Lufthansa says hopeful of finalising ITA deal in days
(Reuters) – Lufthansa is hopeful of finalising the partial takeover of Italy’s state-owned ITA Airways within days, an executive at…
Sony expects profit to slip despite record PlayStation 5 sales
(Reuters) – Sony Group Corp on Friday said PlayStation 5 sales will jump by six million units this business year,…
Mercedes-Benz more upbeat on signs US, China picking up
(Reuters) – Mercedes-Benz struck a slightly more optimistic tone alongside its first quarter results on Friday, saying demand in China…
Crocs shares slide despite earnings beat
Footwear company Crocs (NASDAQ:CROX) dropped in premarket trading Thursday despite the company’s profit and revenue coming in above expectations. Crocs shares are…
Eli Lilly raises annual profit forecast on strength of diabetes drug
(Reuters) – Eli Lilly and Co on Thursday raised its annual revenue and profit forecasts after topping first-quarter sales estimates…
Comcast beats revenue estimates as Wall St awaits update on NBCUniversal head
(Reuters) -Comcast Corp’s quarterly revenue edged past estimates on Thursday, helped by sustained demand for its broadband services and higher…
Bristol Myers posts lower Q1 sales as Revlimid falls
(Reuters) – Drugmaker Bristol Myers (NYSE:BMY) Squibb on Thursday said its first-quarter sales fell from last year, hurt by generic…
CenterPoint Energy beats profit estimates on lower operating costs
(Reuters) – CenterPoint Energy Inc (NYSE:CNP) beat first-quarter profit expectations on Thursday, as lower operating and maintenance costs outweighed the…
Linde lifts annual profit target after Q1 beats estimates
(Reuters) – Linde (NYSE:LIN), the world’s largest industrial gases company, raised the top end of its 2023 earnings guidance on…
Facebook owner Meta touts AI might as digital ads boost outlook; shares jump
(Reuters) – Meta Platforms Inc CEO Mark Zuckerberg said on Wednesday that AI was helping the company boost traffic to…