U.S. futures for the S&P 500 were down 0.7% and futures for the Dow Jones Industrial Average declined 0.3%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, ...
The European chip maker said Thursday that it now expects revenue of $14 billion to $15 billion this year compared with a previous range of $15.9 billion to $16.9 billion. Meanwhile, its gross margin ...
First quarter revenue fell 6.9% on year to KRW18.052 trillion, while operating profit dropped 17% to KRW583.00 billion. Posco said higher raw material prices weighed on its earnings amid a slowdown in ...
Nestle backed guidance for full-year organic sales growth of around 4% and a modest increase in underlying operating profit margin from the 17.3% it recorded in 2023. A company-consensus forecasts ...
Swedbank's earnings fell on quarter in the first three months of 2024 amid lower interest income, but the bank said an improving economy should boost performance over the year as it looks to move on ...
AstraZeneca posted increased first-quarter core earnings per share and sales that beat forecasts. The Anglo-Swedish pharmaceutical giant said Thursday that its core earnings per share increased to ...
Hyundai Motor's first-quarter earnings fell on sluggish global car demand even as South Korea's biggest automaker warned of intense competition and rising marketing costs.
Pernod Ricard backed its guidance but posted a decrease in sales for its fiscal third quarter as it grapples with soft consumer sentiment in China and continues to reduce inventories in the U.S.
Kotak Mahindra Bank shares fell sharply after India's central bank barred it from taking on new clients through online channels and issuing new credit cards. Shares were recently 9.7% lower at ...
STMicroelectronics lowered its sales and margin forecasts for the year after posting revenue below analysts' expectations for the first quarter amid a slowdown in demand for chips in the automotive ...
Barclays confirmed its 2024 guidance as it reported a better-than-expected fall in pretax profit for the first quarter. The British lender on Thursday posted a pretax profit for the three months ended ...
Nestle's organic sales growth slowed sharply in the first months of the year as consumer demand remained weak, particularly in North America, while supply-chain disruptions continued to hold back ...