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‘Deadpool & Wolverine’ helps Disney beat earnings forecasts
‘Deadpool & Wolverine’ helps Disney beat earnings forecasts
WALT Disney reported earnings that topped Wall Street’s estimates on Thursday (Nov 14), propelled by blockbuster ticket sales from the rude and irreverent summer Marvel film Deadpool & Wolverine,...
Siemens flags tough times ahead after Q4 profit beat
Siemens flags tough times ahead after Q4 profit beat
SIEMENS flagged mounting geopolitical risks like trade conflicts and weak consumer demand in the year ahead after posting fourth quarter earnings slightly ahead of forecasts. The company, whose products range...
Singapore banks optimistic about earnings, capital returns amid yet another quarterly results beat
Singapore banks optimistic about earnings, capital returns amid yet another quarterly results beat
They also see upsides to net interest margins during a Trump 2.0 presidency, as expected inflationary policies may result in higher interest ratesSINGAPORE banks are optimistic about their earnings...
AstraZeneca lifts 2024 revenue and profit forecast after Q3 beat
AstraZeneca lifts 2024 revenue and profit forecast after Q3 beat
DRUGMAKER AstraZeneca lifted its annual sales and profit forecast for the second time in less than four months on Tuesday (Nov 12), helped by resilient demand for its cancer...
Sony’s music lineup and image sensors deliver profit beat
Sony’s music lineup and image sensors deliver profit beat
It earned an operating profit of 455.08 billion yen (S$3.93 billion) in the three months to SeptemberSony Group’s profit rose, thanks to strong music and image sensor sales, as...
Universal Music sales beat estimates on subscription growth
Universal Music sales beat estimates on subscription growth
Universal Music Group, the world’s largest record label, reported revenue that beat estimates on the back of subscriber growth and price increases at some platforms. Revenue from recorded music rose...
Amazon results beat expectations, powered by cloud
Amazon results beat expectations, powered by cloud
E-COMMERCE giant Amazon reported stronger-than-expected third quarter results on Thursday, with significant growth in cloud computing and a return to profitability in its international segment.The Seattle-based tech titan posted...
Meta sales narrowly beat on AI boosting advertising revenue
Meta sales narrowly beat on AI boosting advertising revenue
Meta Platforms projected stronger-than-expected holiday quarter sales, and touted artificial intelligence (AI) improvements to its core advertising business. But it wasn’t enough to satisfy Wall Street.Meta told investors on...
Top SGX-listcos beat 2025 target for women directors; smaller ones still lagging
Top SGX-listcos beat 2025 target for women directors; smaller ones still lagging
The Council for Board Diversity says its interim numbers show that women’s participation on the boards of these companies has trebled to 25.3%, from 7.5 per cent in 2013THE...
3M raises profit forecast after quarterly beat on electronics demand
3M raises profit forecast after quarterly beat on electronics demand
An uptick in demand for electronics used in vehicles and mobile phones boosted profit for the company3M Co raised the lower end of its full-year adjusted profit forecast on...