By Anirban Chakroborti and John McCrank (Reuters) -CME Group Inc on Wednesday reported fourth-quarter profits above Wall Street expectations, as…
Coty raises profit forecast on resilient demand, price hikes
By Ananya Mariam Rajesh (Reuters) – Coty Inc raised its full-year profit forecast on Wednesday, betting on price hikes and…
Fox Corp boosts buyback by $3 billion as World Cup powers earnings
(Reuters) -Fox Corp expanded its share buyback plan by $3 billion on Wednesday and surpassed second-quarter revenue estimates as the…
Under Armour boosts profit forecast as discounts spur demand
By Ananya Mariam Rajesh (Reuters) -Under Armour Inc raised its annual profit forecast on Wednesday after quarterly results surpassed expectations…
Southwest CEO Jordan finds himself in eye of storm after airline’s holiday debacle
By Rajesh Kumar Singh CHICAGO (Reuters) – Bob Jordan, Southwest Airlines Co’s CEO, faces the biggest challenge yet in his…
Equinor shares spike as gas bonanza lands record profit
By Nerijus Adomaitis and Nora Buli OSLO/LONDON (Reuters) – Equinor posted a record $74.9 billion adjusted operating profit on Wednesday,…
Illumina fights EU order to divest Grail
By Foo Yun Chee BRUSSELS (Reuters) – U.S. life science company Illumina on Wednesday took its case to senior EU…
Exclusive-Peru mines power on despite protests, though shutdown risk looms
By Alexander Villegas and Adam Jourdan ESPINAR, Peru (Reuters) – Peru’s biggest copper mines have been able to maintain production…
Fed’s Williams: Financial conditions seem broadly consistent with the Fed’s outlook on policy
By Michael S. Derby NEW YORK (Reuters) – New York Fed President John Williams said financial conditions are roughly in…
Michael Kors owner Capri cuts forecasts as demand slows, shares plunge 24%
By Uday Sampath Kumar (Reuters) – Michael Kors owner Capri Holdings Ltd on Wednesday cut its annual profit forecast and…