Starbucks beats Q1 global comparable sales estimate as demand rebounds
Comparable sales rose 4% in North America, marking their first gains in nearly two years Starbucks reported a bigger-than-expected rise in first-quarter comparable sales on…
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How FNAA Emerging Talent Winner Jude Ended Up Making Three Times Its First-Year Production Estimate
On Dec. 3, Jurgita Dileviciute and Denitsa Bumbarova will be honored with the Emerging Talent Award at the 39th annual FN Achievement Awards. Below is an article from the magazine’s Dec. 1…
StanChart raises outlook as quarterly profit beats estimate
The performance is largely a result of the bank’s wealth management unit and global banking STANDARD Chartered lifted its income and returns outlook as it reported third-quarter profit…
HPE annual profit forecast misses estimate on margin crunch
The company is dealing with tighter margins in part due to building servers with expensive AI chips that have made the machines less profitable Hewlett Packard Enterprise (HPE) gave an…
CapitaLand Commercial C-Reit sets Shanghai IPO offering at 2.29 billion yuan, up 7% from earlier estimate
CapitaLand China Trust (CLCT) will subscribe for 5 per cent of the 2.29 billion yuan (S$410.9 million) offering in the listing of a Shanghai unit. Its manager said in an announcement on…
Kohl’s tops earnings estimate and raises full year outlook, shares soar
Kohl’s shares are soaring again—and this time it’s not just a meme stock. The department store chain’s shares surged on Wednesday as the company raised its full-year financial outlook and…
Interparfums SA Stock Hit After Full-year Estimate Adjustment
PARIS – Interparfums SA stock took a hit Thursday, after the fragrance maker said its full-year sales target should return to the lower end of the initial estimate, due to the appreciation…
White House pushes back on CBO estimate that Trump bill could add $2.4T to deficit
Office of Management and Budget Director Russell Vought on Wednesday pushed back on new analysis by the nonpartisan Congressional Budget Office concluding President Trump's massive tax and…
Exxon beats Wall Street profit estimate, boosted by Guyana and Permian production
ExxonMobil on Friday (May 2) beat Wall Street’s estimate for first-quarter profit as higher oil and gas production from Guyana and the Permian basin helped boost earnings. Profit during…
Payments firm Block’s profit misses estimate on underwhelming holiday spending
BLOCK’S fourth-quarter profit fell short of estimates as spending growth during the holiday season and gains from a post-election surge in bitcoin lagged expectations, sending the payment…
Macau 2024 casino revenues top official estimate but below pre-pandemic levels
BEIJING (Reuters) - Casino revenues in Macau, the world's biggest gambling hub, soared by nearly a quarter in 2024 but still came in short of pre-pandemic levels, underlining the need for…
AmEx profit beats estimate on robust customer spending
American Express reported third-quarter profit above Wall Street estimates on Friday (Oct 18), as higher spending on its cards offset a hit from bigger provisions for credit losses. The…
Blackstone tops profit estimate as its assets hit record, dealmaking picks up
BLACKSTONE beat Wall Street’s expectations on its key quarterly earnings metric on Thursday (Oct 17), as the world’s largest alternative investment firm’s assets under management (AUM) hit…