Market updates

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

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

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 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

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 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

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

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

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

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

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

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%...

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

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

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

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 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

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

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 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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