Forecast
PayPal lifts 2024 profit forecast as spending stays resilient, margins improve
PAYPAL raised its full-year adjusted profit forecast on Tuesday (Apr 30), as the payments giant benefited from robust consumer spending, while measures to cut costs improved operating margins in...
Coca-Cola raises annual sales forecast on global demand, higher prices
COCA-Cola raised its annual organic sales forecast on Tuesday (Apr 30) after beating first-quarter revenue and profit expectations as customers shell out more money for its pricey sodas and...
Intel tumbles most in three months after tepid forecast
INTEL, the biggest maker of personal computer (PC) processors, tumbled the most in three months on Friday (Apr 26) after giving a lacklustre forecast for the current period, indicating...
Intel slides after tepid forecast spurs fears about comeback
INTEL, the biggest maker of personal computer (PC) processors, tumbled in late trading after giving a lacklustre forecast for the current period, indicating that it’s still struggling to return...
Hilton lifts 2024 profit forecast on international travel demand
HOTEL operator Hilton Worldwide raised its annual adjusted profit forecast on Wednesday (Apr 24), banking on international travel demand to offset normalizing domestic travel in the US
The company forecast...
Texas Instruments gives solid forecast in sign of comeback
TEXAS Instruments gave a bullish revenue forecast for the current quarter, indicating that a slump in demand for industrial and automotive components may be easing.Sales in the period will...
General Motors beats quarterly results targets, raises forecast
GENERAL Motors on Tuesday (Apr 23) posted quarterly results that topped Wall Street targets and raised its annual forecast, citing stable pricing and demand for its gas-engine vehicles, sending...
P&G raises annual core profit forecast on resilient demand, price hikes
PROCTER & Gamble raised its annual core profit forecast on Friday (Apr 19) on price increases and resilient demand for its cleaning and household products in the United States...
