Lyft forecasts strong earnings as it banks on competitive pricing to chase down Uber
Lyft forecast third-quarter revenue and adjusted core profit above estimates on Tuesday, as it bets on cost cuts
2023-08-09 04:17
New York Times signals ad market rebound with strong second-quarter results
By Akash Sriram (Reuters) -New York Times Co signaled on Tuesday that advertising spending was picking up faster than market
2023-08-08 23:57
Fox posts fourth-quarter revenue in-line with estimates
Broadcaster Fox Corp posted fourth-quarter revenue in-line with Wall Street estimates, as the broadcaster benefited from an industry-wide
2023-08-08 20:16
Under Armour beats quarterly sales estimates on steady demand
(Reuters) -Under Armour beat market expectations for first-quarter revenue on Tuesday, as discounts upheld demand for the sportswear maker's clothes
2023-08-08 19:23
SoftBank reports mixed quarter, says 'timidly' restarting investment
By Anton Bridge TOKYO (Reuters) -Japan's SoftBank Group posted a surprise loss but said it was dipping its toes back
2023-08-08 18:50
UPS cuts revenue view on lower e-commerce demand, new labor contract
(Reuters) -United Parcel Service on Tuesday cut its 2023 revenue and margin forecast, hurt by softening e-commerce demand and an
2023-08-08 18:25
Barrick beats quarterly profit estimates on higher gold prices
Barrick Gold Corp beat analysts' expectations for second-quarter profit on Tuesday, as the Canadian gold miner benefited from
2023-08-08 18:18
German airport operator Fraport sees earnings boost on high travel demand
(Reuters) -Frankfurt Airport operator Fraport on Tuesday said its 2023 core profit would hit the upper half of its forecast
2023-08-08 16:59
Bayer says guidance cut driven by Crop Science, Pharma
By Ludwig Burger FRANKFURT (Reuters) -Bayer said on Tuesday that last month's cut to its full-year earnings target was mainly
2023-08-08 15:53
WeWork rival IWG's half-year profit surges on high demand, improved pricing
By Aby Jose Koilparambil (Reuters) -Office rental firm IWG retained a "cautiously optimistic" outlook after posting a 48% surge in
2023-08-08 14:58
S.African lender Nedbank posts 11% rise in half year profit
JOHANNESBURG (Reuters) -South Africa's Nedbank Group, amongst the top five lenders in the country, recorded an 11% rise in interim
2023-08-08 13:25
Aussie banks margins seen falling; outlook key in high-rate environment
By Upasana Singh and Rishav Chatterjee Australia's biggest banks are likely to report narrower profit margins in the
2023-08-08 08:16