Market updates


 As earnings season begins, S&P 500 forecast looks less weak

As earnings season begins, S&P 500 forecast looks less weak

April 15, 2023 08:43 AM AEST | By Reuters

By Caroline Valetkevitch NEW YORK (Reuters) - As quarterly U.S. earnings got under way with upbeat reports from JPMorgan Chase & Co and other majo...

 Q1 earnings for S&P 500 seen falling 4.8% vs yr ago -Refinitiv

Q1 earnings for S&P 500 seen falling 4.8% vs yr ago -Refinitiv

April 15, 2023 06:19 AM AEST | By Reuters

By Caroline Valetkevitch NEW YORK (Reuters) - With quarterly U.S. earnings just getting under way Friday with upbeat results from JPMorgan Chase &...

 First-quarter S&P 500 earnings seen down 4.8%-Refinitiv

First-quarter S&P 500 earnings seen down 4.8%-Refinitiv

April 15, 2023 01:14 AM AEST | By Reuters

NEW YORK (Reuters) - With quarterly U.S. earnings just getting under way Friday with upbeat results from JPMorgan Chase & Co and other banks, esti...

 Uniqlo owner expected to post 30% profit rise, as investors eye China results

Uniqlo owner expected to post 30% profit rise, as investors eye Chin...

April 11, 2023 05:34 PM AEST | By Reuters

By Rocky Swift TOKYO (Reuters) - Second-quarter results from Japan's Fast Retailing Co, owner of clothing brand Uniqlo, will on Thursday offer a windo...

 Chocolate maker Barry Callebaut's half year sales volumes drop

Chocolate maker Barry Callebaut's half year sales volumes drop

April 05, 2023 03:09 PM AEST | By Reuters

(Reuters) - Barry Callebaut, the world's biggest chocolate maker, on Wednesday reported lower half year sales volumes due to limited availability of i...

 US semiconductor index hits highest in nearly a year on hopes for industry turn

US semiconductor index hits highest in nearly a year on hopes for in...

March 31, 2023 04:26 AM AEDT | By Reuters

By Chuck Mikolajczak NEW YORK (Reuters) - The Philadelphia semiconductor index hit its highest level in nearly a year on Thursday, as optimism grows t...

 Zur Rose delays profitability break-even to 2024

Zur Rose delays profitability break-even to 2024

March 23, 2023 07:26 PM AEDT | By Reuters

By Anastasiia Kozlova and Tristan Chabba (Reuters) - Swiss online drug retailer Zur Rose on Thursday said it will not reach break-even in adjusted cor...

 Czech utility CEZ's 2022 profit rise indicates record dividend

Czech utility CEZ's 2022 profit rise indicates record dividend

March 21, 2023 06:06 PM AEDT | By Reuters

PRAGUE (Reuters) - Czech utility CEZ on Tuesday posted a record 78.4 billion crown ($3.50 billion) annual adjusted net profit that beat its own foreca...

 Mercuria 2022 profit more than doubles to a record high -document

Mercuria 2022 profit more than doubles to a record high -document

March 21, 2023 06:05 PM AEDT | By Reuters

By Julia Payne LAUSANNE, Switzerland (Reuters) - Global commodities trader Mercuria made a record net profit of $2.98 billion in 2022 after Russia's i...

 FedEx profit report to test company turnaround

FedEx profit report to test company turnaround

March 15, 2023 09:04 PM AEDT | By Reuters

By Kannaki Deka and Lisa Baertlein (Reuters) - Analysts expect FedEx Corp to post a sharp drop in quarterly profit on Thursday as demand retreats to p...

 Swedbank books $3.7 million provision over US investigation

Swedbank books $3.7 million provision over US investigation

March 10, 2023 05:49 PM AEDT | By Reuters

OSLO (Reuters) - Swedbank will book a provision of 40 million Swedish crowns ($3.72 million) related to an investigation by the U.S. Office for Foreig...

 AIB hikes shareholder returns, 'well on track' to hit growth targets

AIB hikes shareholder returns, 'well on track' to hit growth targets

March 08, 2023 06:43 PM AEDT | By Reuters

DUBLIN (Reuters) - AIB on Wednesday followed main rival Bank of Ireland in hiking its returns to shareholders and said a good start to 2023 with posit...

 Dormakaba sees full-year organic growth above mid-term target of 3% to 5%

Dormakaba sees full-year organic growth above mid-term target of 3%...

March 07, 2023 04:52 PM AEDT | By Reuters

(Reuters) - Swiss security group Dormakaba Holding AG on Tuesday said it expects continued organic growth above its mid-term target range of 3% to 5%...

 Clariant sees slight sales drop in 2023

Clariant sees slight sales drop in 2023

March 02, 2023 05:19 PM AEDT | By Reuters

(Reuters) - Clariant forecast on Thursday annual sales to slightly decline in 2023, after reporting sales for the full year fairly in line with expect...

 Abercrombie & Fitch posts a fall in quarterly profit

Abercrombie & Fitch posts a fall in quarterly profit

March 01, 2023 11:41 PM AEDT | By Reuters

(Reuters) - Abercrombie & Fitch Co on Wednesday reported a 41.5% drop in quarterly profit, as higher labor costs and inflationary pressures squeez...

 Ticketing service provider Eventbrite to lay off 8% workforce

Ticketing service provider Eventbrite to lay off 8% workforce

March 01, 2023 10:46 AM AEDT | By Reuters

(Reuters) - Eventbrite Inc said on Tuesday it will eliminate about 8% of the company's workforce, as the ticketing service provider looks to cut costs...

 Grifols' 2022 net profit up 10% to 208 million euros as plasma collection rises

Grifols' 2022 net profit up 10% to 208 million euros as plasma colle...

February 28, 2023 06:39 PM AEDT | By Reuters

BARCELONA (Reuters) - Spanish pharmaceuticals company Grifols' full-year net profit rose 10% to 208 million euros ($220.19 million) from 2021 as blood...

 Beyond Meat forecasts 2023 revenue above market expectations

Beyond Meat forecasts 2023 revenue above market expectations

February 24, 2023 08:22 AM AEDT | By Reuters

(Reuters) - Beyond Meat Inc on Thursday forecast full-year revenue above market estimates, on the back of demand for its plant-based meat products suc...

 Danish services group ISS sees organic growth of 4-6% in 2023

Danish services group ISS sees organic growth of 4-6% in 2023

February 23, 2023 05:54 PM AEDT | By Reuters

COPENHAGEN (Reuters) - Danish services group ISS on Thursday reported operating profits for the second half of 2022 slightly below expectations and pr...

 Singapore's Wilmar annual profit jumps 27% on oilseeds, grains segment strength

Singapore's Wilmar annual profit jumps 27% on oilseeds, grains segme...

February 21, 2023 08:36 PM AEDT | By Reuters

(Reuters) - Singapore-listed agribusiness Wilmar International Ltd on Tuesday reported a 27% rise in full year net profit, boosted by strong performan...

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