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Asics Corp. raised full-year guidance and a projection for operating profit ahead of plan following a strong second quarter report. Results for the three months ended June 30 were helped…
China has urged local companies to avoid using Nvidia’s H20 processors, particularly for government-related purposes, complicating the chipmaker’s attempts to recoup billions in lost China…
Shares of Allbirds Inc. dropped over 16 percent in after-market trading on Thursday as the footwear company lowered its guidance for the year following its latest earnings report. In the…
UOB has resumed guidance on its full-year 2025 targets after briefly pausing them in the first quarter, but the projections are now broadly lower. The bank now expects net interest margin…
Walt Disney posted better-than-expected quarterly results and raised its annual profit forecast on Wednesday (Aug 6), led by gains in streaming business, which is expected to be the…
BERLIN– German online retailing giant Zalando continued to grow in the second quarter, with group revenues rising 7.3 percent to 2.83 billion euros over the three-month period. The…
OCBC has lowered its target net interest margin (NIM) for FY2025 to a range of 1.9 to 1.95 per cent, down five to 10 basis points (bps) from an earlier range of around 2 per cent. During…
Recipients of federal funds wondering if their "BIPOC-only study lounges" will pass muster under the Trump administration now have an answer: not likely. Source link
BERLIN – German sportswear giant Adidas continued its successful run in 2025, posting net sales of 5.95 billion euros in the second quarter and growth of 12 percent on a currency-adjusted…
German semiconductor materials supplier Siltronic on Tuesday lowered its full-year sales guidance and warned on sales in the next quarter, amidst continued weakness in its semiconductor…
A new Oasis documentary about the recently-reformed rockers has landed guidance from the British ratings board that some quarters of the British press have slammed as “woke.”…
It will provide guidance for the second half of the year when it reports its earnings on Aug 13 Semiconductor test solutions provider AEM has raised its revenue guidance for the first half…
The Chinese regulator has published draft guidelines for fees that online platforms charge third-party merchants, an important source of revenue for companies including JD.com, Meituan and…
OCBC is keeping its financial targets for 2025, but noted that its loan growth guidance of a mid-single digit will likely see the most headwinds, especially if the market continues to be…
Singapore’s third-largest lender UOB will suspend its 2025 earnings guidance, with plans to resume this once the macroeconomic situation stemming from US tariffs stabilises. At the same…
General Motors cut its full-year profit outlook citing as much as US$5 billion of exposure to auto tariffs, among the biggest financial hits revealed by any company so far from President…
Grab on Wednesday (Apr 30) reported net profit of US$24 million for the first quarter ended Mar 31, 2025, reversing from a US$104 million loss in the previous corresponding period. The…
Snap, parent company of Snapchat, kept adding app users in the first three months of the year — reaching a new milestone in Q1 by surpassing 900 million monthly active users globally. The…
Stock prices of Apple, Alphabet and other Silicon Valley tech companies rebounded on Monday after the Trump administration said electronics, including semiconductors and smartphones, were…
BLACKROCK has restarted its investment stewardship meetings with companies after a short pause used to assess new US Securities and Exchange Commission (SEC) guidelines about the influence…
Improvement is attributed to better business performance and lower non-cash impairments of joint venture Source link
CLOROX raised sales and earnings guidance for the current year while also reporting better-than-expected quarterly results, showing that the bleach maker’s business continues to recover…
VICTORIA’S Secret raised its outlook after reporting third-quarter sales that topped Wall Street expectations, saying shoppers had an early positive response to its holiday merchandise.…
EXPEDIA Group posted better-than-expected grossing bookings in the third quarter and said it was raising its full-year guidance, suggesting that demand has proven stronger than the company…
