Brokers’ take: Maybank raises Sea’s target price to US$110 on higher earnings estimate
MAYBANK Securities has raised its target price for the Internet company Sea by 15 per cent to US$110, from US$96 ...
Tag: Earnings
US: Wall Street rises as focus turns to inflation data, earnings
Wall Street’s main indexes opened higher on Tuesday (Oct 8), regaining some ground after a selloff in the previous session, ...
ExxonMobil expects third-quarter earnings were hit by lower oil prices
A SLUMP in oil prices probably reduced ExxonMobil’s third-quarter upstream earnings by US$600 million to US$1 billion, the oil major ...
Brokers’ take: RHB raises ST Engineering’s target on upbeat earnings outlook
RHB raised its target price on Singapore Technologies Engineering (ST Engineering) to S$5.32 from S$5 after rolling forward its valuation ...
Adobe forecasts downbeat quarterly earnings on cautious tech spending
PHOTOSHOP maker Adobe forecast fourth-quarter earnings below analysts’ estimates on Thursday (Sep 12), signalling stiff competition and soft demand for ...
Point-to-point fares, earnings have ‘moderated’ as supply outstrips demand: Amy Khor
DRIVERS’ earnings in Singapore’s point-to-point (P2P) transport sector – including taxis and private hire cars (PHCs) – have fallen, as ...
Yen’s rapid advance pressures earnings once thought easy to beat
The yen’s recent rally has taken it past levels many Japanese companies use to forecast their earnings, raising the risk ...
Nvidia’s earnings will test the S&P 500’s US$4 trillion recovery
The almost US$3 trillion rally in Nvidia shares over the roughly two years since ChatGPT’s unveiling has virtually rewired the ...
Australia’s Guzman y Gomez profit beats forecast in first earnings since IPO
AUSTRALIA’S Guzman y Gomez reported a surge in full-year profit, outperforming its prospectus forecast after the Mexican-themed fast-food chain’s bumper ...
Top Australian supermarkets’ FY24 earnings expected to show challenging outlook
EARNINGS of Australia’s top supermarket chains are likely to show constricted spending, presenting a challenging outlook for Woolworths and Coles, ...
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