Royal Bank of Canada second-quarter profit drops on higher provisions
Royal Bank of Canada reported a drop in second-quarter profit on Thursday, as tough economic conditions spurred the
2023-05-25 18:23
Armani sales up 18% in Q1 as Asia rebounds, U.S. slows down
MILAN Italy's Armani said on Thursday that sales jumped 18% in the first quarter thanks to a rebound
2023-05-25 18:16
CIBC posts decline in second-quarter profit on loan loss provisions
CIBC reported a decline in second-quarter profit on Thursday, as the Canadian lender set aside higher provisions to
2023-05-25 17:53
Nvidia shares soar nearly 30% as sales forecast jumps and AI booms
By Chavi Mehta and Stephen Nellis (Reuters) -Nvidia Corp on Wednesday forecast second-quarter revenue more than 50% above Wall Street
2023-05-25 06:18
American Eagle cuts annual revenue forecast on weak apparel demand
(Reuters) -American Eagle Outfitters Inc cut its full-year revenue forecast on Wednesday, as apparel demand wavers due to still-high inflation,
2023-05-25 04:56
Chipmaker Analog Devices' weak forecast sparks share selloff
(Reuters) -Analog Devices Inc said on Wednesday that a turbulent economy would weigh on its third-quarter results, sending the chipmaker's
2023-05-24 21:59
Abercrombie & Fitch raises annual sales forecast, shares jump 20%
(Reuters) -Abercrombie & Fitch Inc raised its annual sales on Wednesday, banking on steady demand for its clothes and accessories
2023-05-24 19:55
Canada's BMO, Scotiabank report lower income on higher provisions
Bank of Montreal and Bank of Nova Scotia on Wednesday reported lower adjusted earnings at home as the
2023-05-24 19:26
Kohl's maintains full-year forecasts after Q1 sales miss
(Reuters) -Kohl's Corp maintained its full-year profit and operating margin forecasts even as it missed quarterly sales estimates on Wednesday,
2023-05-24 19:20
Bank of Montreal quarterly profit rises on higher interest income
Bank of Montreal's second-quarter profit jumped as higher interest rates shored up the lender's net interest income, the
2023-05-24 18:26
China's Lenovo revenue falls for third consecutive quarter as PC demand slumps
By Josh Ye HONG KONG China's Lenovo Group Ltd on Wednesday reported a 24% fall in revenue for
2023-05-24 12:57
Auto parts retailer AutoZone misses Q3 sales estimates on inventory pile-up
Auto parts retailer AutoZone Inc missed expectations for third-quarter net sales on Tuesday, as increased prices of automobile
2023-05-23 20:28