Author Archives: Syndicated Content
US Senator Menendez says he has not changed opposition to Turkey F-16 sale
By Patricia Zengerle WASHINGTON (Reuters) - BoU.S. Senator Bob Menendez said on Wednesday he still had concerns about the sale of F-16 fighter jets to Turkey, and had not changed his hold on the sale ...
Jul 26, 2023
South Korean manufacturers most optimistic in seven months -central bank survey
SEOUL (Reuters) - South Korean manufacturers' business optimism in August hit its highest level in seven months, a central bank survey showed on Thursday, as concern about raw material prices eased. T...
Jul 26, 2023
PTC forecasts quarterly revenue below estimates as economic uncertainty bites
Industrial software maker PTC forecast fourth-quarter revenue below estimates on Wednesday, as economic uncertainty forces companies to cut back on spending to bolster their bottom lines. Companies in...
Jul 26, 2023
Raymond James profit misses estimates on decline in deals
(Reuters) - Raymond James missed quarterly profit estimates on Wednesday as Wall Street's prolonged dealmaking slump impacted its investment banking business, sending its shares down 2% in extended tr...
Jul 26, 2023
Seagate forecast disappoints on China weakness, weak enterprise spending
(Reuters) - Seagate Technology forecast first-quarter revenue below market estimates on Wednesday on weakness in major market China and lower tech spending by businesses worried about an uncertain eco...
Jul 26, 2023
Lam Research forecasts strong quarterly revenue on AI boom
(Reuters) - Chip-making tools supplier Lam Research forecast quarterly revenue above Wall Street estimates, as semiconductor makers scramble to meet a surge in demand fueled by rising adoption of arti...
Jul 26, 2023
Soccer-Frenchman Dembele signs for Al-Ettifaq
(Reuters) - French striker Moussa Dembele has joined Al-Ettifaq as a free agent following the expiry of his contract at Olympique Lyonnais, the Saudi Pro League club said on Wednesday. Financial detai...
Jul 26, 2023
Ebay forecasts third-quarter revenue above estimates
(Reuters) -E-commerce platform eBay forecast third-quarter revenue slightly above market expectations on Wednesday, banking on its focus categories such as refurbished goods and auto parts to draw in ...
Jul 26, 2023
Chipotle sales disappoint Wall St as inflation eats into demand
(Reuters) -Chipotle Mexican Grill missed Wall Street estimates for quarterly sales on Wednesday, signaling that demand for its rice bowls and burritos was losing steam in the face of higher menu price...
Jul 26, 2023
Maxlinear scraps nearly $4 billion deal for Taiwan’s Silicon Motion
(Reuters) - U.S. chipmaker Maxlinear said on Wednesday it has scrapped a near $4 billion deal to acquire Taiwan-based Silicon Motion. Its shares fell about 12% in late afternoon trading, while the U.S...
Jul 26, 2023
