Business
Wall Street Gains Momentum with Support from Big Tech Earnings While Investors Watch Trade Developments
Wall Street opened with a surge of optimism on Thursday, as stocks soared and key U.S. indexes posted significant gains. This surge was…
Tag
earnings
Business
The Estée Lauder Cos. Forecasts 9 Percent Drop in Sales in 2025, But Expects Return to Growth Next Year
After scrapping its previous full year forecast, The Estée Lauder Cos. now expects sales to drop by as much as 9 percent in 2025, but sees…
Business
Visa earnings top estimates as spending on network stays strong
The company also says at the investor day that it expects its value-added services to account for more than half of total revenue in…
Business
Oddity Raises Full-year Forecast
Oddity, the parent company of Il Makiage and SpoiledChild, raised its full-year forecast as it shrugged off concerns over the economic…
Business
US: S&P 500, Nasdaq open lower as investors eye trade developments, earnings
The S&P 500 and the Nasdaq fell at the open on Tuesday (Apr 29), while the Dow was flat as investors assessed a mixed bag of corporate…
Business
Wilmar reports higher earnings for Q1 2025 on better performance from business segments and associates
[Singapore] Wilmar reported a 13.5 per cent increase in earnings for Q1 2025 to US$343.9 million from US$302.9 million in Q1 2024 in a…
Business
Wilmar reports higher earnings for Q1 2025 on better performance from business segments, associates
[Singapore] Wilmar reported a 13.5 per cent increase in earnings for Q1 2025 to US$343.9 million from US$302.9 million in Q1 2024 in a…
Business
Volvo Cars to cut costs by 18 billion Swedish crowns as earnings drop
Sweden-based Volvo Cars launched cost cuts of 18 billion Swedish crowns (S$2.4 billion) on Tuesday (Apr 29) as its operating profit fell…
Business
US: Stocks open higher as busy week for earnings, data kicks off
[new york] Wall Street’s main indexes opened slightly higher on Monday (Apr 28), as investors braced for a week packed with key economic…
Business
Google says will buy back US$70 billion in shares, posts earnings beat
[BENGALURU/SAN FRANCISCO] Google parent Alphabet said it would buy back US$70 billion worth of shares as it reported first-quarter profit…
News
Procter & Gamble Cuts Full-year Forecast Amid Tariffs and Weaker Demand, Signals Price Hikes
Procter & Gamble lowered its full-year forecast on the back of lower sales and sky high tariffs on China. It also indicated that it would…
Business
US: S&P 500 edges higher with trade negotiations, earnings in focus
The S&P 500 edged up at the open on Thursday (Apr 24), as investors assessed a bevy of mixed corporate results and developments in the…
Business
Tesla Earnings Plunge Because Everyone Hates Elon Musk
Elon Musk’s far-right turn as the head of the Department of Efficiency has apparently tanked Tesla’s earnings. In a humiliating…
Business
S-Reits kick off earnings season; Sabana REIT and Keppel DC REIT report double-digit jump in DPU so far
Sabana Industrial Reit (Sabana) kicked off the current earnings release season for S-Reits on Apr 15 with the release of its Q1 2025…
Business
Netflix Q1 Earnings Preview: Wall Street Expects Solid Results, Sees Stock as Safe Haven Amid Potential Economic Downturn
Netflix, which financial analysts have crowned the undisputed subscription-streaming leader, kicks off the media and entertainment…
Business
Impact of Trump’s tariffs, interest costs in focus as S-Reits report Q1 earnings
Market watchers will be looking for managers of Singapore-listed real estate investment trusts (S-Reits) to shed light on their strategies…
Business
Wall Street braces for souring corporate earnings amid trade war
US stocks reeling from the impact of President Donald Trump’s tariffs face another big test starting later this week: corporate earnings.…
Business
Chinese shipping earnings face ‘harder-than-expected’ tariff hit as recession risks rise
Chinese shippers may see an outsized hit on earnings as the latest tariffs from US President Donald Trump risk hammering global trade.…
Lifestyle
RH Clarifies Exposure to Tariffs After Its Shares Plunge to Near Five-Year Low
MILAN – High-end furniture maker RH underscored late Friday that U.S. President Donald Trump is using the “significant tariffs as a tool…
News
RH Mulling New Sourcing Strategy Amid New Trump Tariffs
MILAN – RH’s fourth-quarter earnings call kicked off Wednesday evening, just as President Donald Trump announced his new trade policy,…
News
Furniture Group MillerKnoll to Offset Tariff Impact With Strategic Pricing, Supply Chain Adjustments
MILAN — As U.S. President Donald Trump’s trade policy evolves, furniture companies around the world are armoring up to safeguard their…
Business
BYD earnings may move the needle in market-cap fight with CATL
The carmaker now trades at about 20 times earnings for the next year, below its three-year average, and compares with almost 83 times for…
Business
StanChart to return US$1.5 billion more as earnings beat
STANDARD Chartered said it would hand back US$1.5 billion more to shareholders as it reported fourth-quarter earnings that beat estimates,…
Business
StanChart to return US$1.5 billion more as Q4 earnings beat estimates
STANDARD Chartered said it would hand back US$1.5 billion more to shareholders as it reported fourth-quarter earnings that beat estimates,…