Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Argentina’s YPF swings to net loss amid dampened local oil prices
(Reuters) - Argentina's national oil company YPF swung to a loss in the third-quarter, amid lower local oil prices and higher operating costs, the company said in a statement on Wednesday. Net loss in...
Nov 08, 2023
Half of Japanese firms see earnings risks from Israel-Hamas conflict: Reuters poll
By Daniel Leussink TOKYO (Reuters) - Almost half of Japanese companies see the conflict between Israel and Palestinian militants Hamas potentially hitting their earnings, citing concerns about a furth...
Nov 08, 2023
Twilio forecasts fourth-quarter profit above estimates on active customer accounts growth
(Reuters) - Cloud service provider Twilio on Wednesday forecast fourth-quarter profit above Wall Street estimates on an increase in its active customer accounts. The company's shares rose 8.4% to $60....
Nov 08, 2023
BNY Mellon warns about Treasury market functioning risks as key reform looms
By Davide Barbuscia NEW YORK (Reuters) - A key reform proposed by the U.S. Securities and Exchange Commission to boost the use of central clearing in the Treasury market would need to be implemented o...
Nov 08, 2023
Casino operator MGM beats third-quarter estimates as China travel rebounds
(Reuters) - MGM Resorts International beat market estimates for third-quarter profit and revenue on Wednesday, as the casino operator benefited from easing pandemic-related entry restrictions in its k...
Nov 08, 2023
Viasat posts upbeat sales on satellite-based broadband services strength
(Reuters) - Viasat reported second-quarter revenue on Wednesday that beat Wall Street estimates on strength in the segment that offers satellite-based broadband services. Shares of the company, that o...
Nov 08, 2023
UAW to ‘pull out all stops’ organizing nonunion automakers
By David Shepardson and Joseph White (Reuters) - United Auto Workers President Shawn Fain said on Wednesday the union will "pull out all stops" in working to organize non-union U.S. auto plants after ...
Nov 08, 2023
Business payments firm Fleetcor cuts full-year profit forecast
(Reuters) - Business payments firm Fleetcor Technologies lowered its full-year adjusted profit forecast on Wednesday, against the backdrop of an uncertain economy, alongside costs tied to its recent a...
Nov 08, 2023
Pressure grows on US Treasury to salvage trucking giant Yellow
By Jarrett Renshaw (Reuters) - Congressional pressure is growing on the U.S. Treasury to help salvage trucking giant Yellow from bankruptcy, from Republicans and Democrats alike, letters viewed by Reu...
Nov 08, 2023
Banco do Brasil reports Q3 profit growth of 4.5%
SAO PAULO (Reuters) - State-controlled lender Banco do Brasil SA reported on Wednesday a 4.5% jump in third-quarter adjusted net profit compared to the year-ago period, backed by strong growth in inco...
Nov 08, 2023
