By Howard Schneider WASHINGTON (Reuters) – The strong January job gains of half a million new positions coupled with moderating…
ECB’s Knot sees big May rate hike if core inflation doesn’t fall: MNI
FRANKFURT (Reuters) – The European Central Bank may extend its streak of large interest hikes into May if core inflation…
Emerson reports weak quarter on hit from supply snarls, raises sales forecast
(Reuters) -Industrial conglomerate Emerson Electric Co missed Wall Street estimates for quarterly profit and revenue on Wednesday as lingering supply-chain…
Exchange operator CME’s profit tops views in volatile quarter
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…