Lyft posts muted first-quarter bookings and profit outlook
LYFT issued a disappointing first-quarter gross bookings outlook, following a similarly muted forecast from rival Uber Technologies citing the impact from the extreme winter weather and LA…
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outlook
IBM gives long-term sales growth outlook that tops expectations
INTERNATIONAL Business Machines (IBM) gave a stronger-than-expected revenue growth outlook for the coming years led by the expansion in its software business. Long-term sales will increase…
Guinness-owner Diageo scraps medium-term goals as tariffs cloud outlook
GUINNESS-owner Diageo withdrew its ambitious sales growth target on Tuesday (Feb 4), in an acknowledgement a prolonged downturn in demand and uncertainty over US President Donald Trump’s…
United Airlines offers an upbeat outlook on improved pricing power
UNITED Airlines on Tuesday forecast a stronger-than-expected profit in the current quarter, after its earnings topped Wall Street estimates in the fourth quarter on robust travel demand…
Bullish outlook seen for WTI after breakout
WEST Texas Intermediate (WTI) oil prices have been off to a strong start in the new year, extending their gains from the last few trading sessions of 2024. The bullish price action was…
Geopolitical conflicts cloud Singapore fund managers’ outlook for 2025: Imas survey
SINGAPORE fund managers are anticipating an escalation in geopolitical conflicts, which will leave a material impact on the global economy and financial markets. As a result, most do not…
Singapore’s stock market may hinge on reforms in 2025, but outlook for some sectors look bright
ANALYSTS expect Singapore stocks to outperform and see significant upside in 2025, but there is a caveat: This is likely to happen only if market reforms are put in place to raise their…
Gold steady ahead of holidays; US Fed outlook weighs
GOLD prices held steady on Tuesday (Dec 24), with investors bracing for a less aggressive path of interest rate cuts from the US Federal Reserve next year, ahead of a shortened trading…
Yankees Offseason Outlook After Signing Five-Time Silver Slugger
Share ✓ Link copied to clipboard! The New York Yankees are one step closer to finalizing their 2025 roster. Since Tuesday, they have traded for Cody Bellinger, acquired Fernando Cruz and…
US: Wall Street falls at open on concerns over rate outlook
WALL Street’s main indices dropped at the open on Friday (Dec 20) on fears over high interest rates next year, although a cooler-than-expected inflation report for November stymied losses.…
Oil drops as dour economic outlook adds to oversupply concerns
OIL prices fell on Thursday (Dec 19) after central bankers in the US and Europe signalled caution over further easing of monetary policy, fanning concerns that weak economic activity could…
Microchip says it will shut Arizona plant, updates outlook
MICROCHIP Technology, a maker of chips for cars, consumer devices and other products, said it would close a plant in Tempe, Arizona, affecting about 500 employees. The company also said…
Abu Dhabi’s IHC maintains outlook on Adani Group stakes as stocks rise sharply
INTERNATIONAL Holding Co’s (IHC) outlook on investments in India’s Adani Group remains unchanged, the Abu Dhabi conglomerate said following the US indictment of billionaire Gautam Adani,…
Souring S&P 500 profit outlook a bad sign for stock market rally
Wall Street analysts are quickly scaling back their forecasts for Corporate America’s earnings growth over the next year, which could pump the brakes on the blistering stock market rally…
Toyota keeps profit outlook despite weakness in Japan, China
TOYOTA Motor kept its annual profit outlook intact despite reporting quarterly results that were dragged down in Japan and China, as the Japanese carmaker showed signs of recovery from…
Apple results top Wall Street targets on strong iPhone sales, shares slip on outlook
APPLE’S AI-enhanced iPhone made a strong start, helping push quarterly sales ahead of Wall Street expectations, but questions about whether the rollout will continue apace were underscored…
DHL cuts earnings outlook on weak B2B volumes
DHL cut its guidance for 2024 earnings before interest and taxes (Ebit) on Wednesday (Oct 30), citing continuously weak business-to-business mail volumes and lower-than-expected margins in…
Ford weakens profit outlook amid price war, shares fall
FORD Motor said on Monday it expects to hit the lower end of its full-year profit guidance, dropping the company’s shares 5 per cent in after-hours trading, as a price war hits the US…
Philips cuts annual sales outlook on weak demand from China
Royal Philips slashed its sales-growth forecast for the year as tepid demand from China weighs on the Dutch medical technology firm’s orders. Philips expects comparable sales to grow as…
Popular Aussie-Kiwi cross to test year’s high on policy outlook
INVESTORS see the Australian dollar testing this year’s high against its New Zealand counterpart as policymakers diverge on the interest-rate outlook. The currency pair closed at 1.1049…
Brokers’ take: RHB raises ISOTeam target price on strong order book, positive outlook
RHB raised its target price for building maintenance company ISOTeam to S$0.07 from S$0.048, while maintaining its “buy” call on the counter. This comes as the research house maintains its…
Logitech raises full-year outlook as sales and profit expectations climb
LOGITECH International raised its full-year outlook after a strong performance and a growth in demand in the second quarter, the computer keyboard and mouse maker said on Tuesday (Oct 22).…
Maersk raises profit outlook on strong market
Danish shipping group AP Moller-Maersk said on Monday (Oct 21) it had raised its full-year forecasts on the back of strong third quarter results, robust demand and the continuing…
Oil prices fall, weekly 7% drop on China demand woes, mixed Mideast outlook
OIL futures fell on Friday (Oct 18), declining more than 7 per cent on the week after data showed China’s economic growth slowed and investors digested a mixed Middle East outlook. Brent…