Author Archives: Syndicated Content
Starbucks misses quarterly sales estimates as China weakness weighs
By Deborah Mary Sophia and Hilary Russ (Reuters) -Starbucks Corp missed Wall Street expectations for quarterly comparable sales on Thursday, as persistent weakness in the coffee chain's China business...
Feb 02, 2023
Ford quarterly profit falls, shares drop after bell
By Joseph White and Paul Lienert DETROIT (Reuters) -Ford Motor Co on Thursday reported fourth-quarter profit fell from a year earlier, and the automaker blamed supply chain issues and production "inst...
Feb 02, 2023
Gilead profit beats Street expectations on COVID and HIV sales
By Michael Erman and Sriparna Roy (Reuters) - Gilead Sciences Inc on Thursday reported a higher-than-expected fourth-quarter profit driven by strong demand for its HIV and cancer drugs, while COVID-19...
Feb 02, 2023
Alphabet misses Street estimates as ad business slips after pandemic run-up
By Greg Bensinger and Nivedita Balu (Reuters) -Alphabet Inc on Thursday fell short of Wall Street's expectations for quarterly profit and revenue as the Google parent's digital ad business struggled w...
Feb 02, 2023
Qualcomm sees earnings below Street as smartphone market sags
By Chavi Mehta and Jane Lanhee Lee BANGALORE/OAKLAND Calif (Reuters) -Qualcomm Inc forecast second-quarter revenue and profit below Wall Street estimates on Thursday as the company grapples with the c...
Feb 02, 2023
Amazon’s outlook disappoints as customer budgets stay tight
By Jeffrey Dastin and Tiyashi Datta (Reuters) -Amazon.com Inc on Thursday said it may not make a profit in the current quarter as savings from layoffs fail to make up for the financial impact of consu...
Feb 02, 2023
Motor racing-Ford set to partner Red Bull in F1 from 2026 – reports
LONDON (Reuters) - U.S. carmaker Ford will announce an engine partnership with Formula One world champions Red Bull from 2026 at the team's launch in New York on Friday, according to media reports in ...
Feb 02, 2023
Argentina OKs new 2,000 peso bill as inflation bites, still only worth $5
By Eliana Raszewski BUENOS AIRES (Reuters) - Argentina will roll out a new 2,000-peso bill, the central bank said on Thursday, which would double the face value of the country's top denomination bank ...
Feb 02, 2023
Figure skating-U.S. ‘deeply frustrated’ by medals’ delay
(Reuters) - U.S. Figure Skating on Thursday said it was "deeply frustrated" by the nearly one-year delay in its athletes receiving medals won in the team event at the Beijing Olympics as a doping case...
Feb 02, 2023
Column-Wall St rip finds few fans at Miami hedge fund week: McGeever
By Jamie McGeever ORLANDO, Fla. (Reuters) - The mood at the annual 'Miami hedge fund week' gatherings this week was as bright as the winter sunshine, with one notable dark cloud on the 2023 horizon: U...
Feb 02, 2023
