Guidance
Maersk raises guidance again as Red Sea attacks boost rates
AP MOLLER-MAERSK, a bellwether for global trade, increased its full-year guidance for a fourth time in less than six months, citing stronger demand and higher freight rates caused by...
Levi sees full-year revenue at low end of its guidance range
DENIM maker Levi Strauss narrowed its full-year revenue outlook to the bottom end of its previous range, fuelling concern that demand for the company’s apparel is stagnating. Net revenue...
Saudi Aramco sets price guidance for dollar sukuk bonds, term sheet shows
SAUDI Aramco has set the initial price guidance for 5- and 10-year dollar sukuk bonds, according to a term sheet reviewed by Reuters on Wednesday.The mainly state-owned oil company...
Gold slips below US$2,500 mark, market awaits further Fed guidance
GOLD prices remained steady on Monday (Sep 9) and was trading slightly below the key US$2,500 an ounce level, as the market awaited August inflation data for further insights...
Heineken narrows guidance after nearly US$1 billion China charge
Heineken said it took a one-time impairment of US$949 million for the decline in valuation of its stake in China’s largest brewer. The Dutch beer giant said the write-down for...
Heineken raises guidance despite first-half miss and impairment
Dutch brewer Heineken raised its full-year profit guidance on Monday (Jul 29) despite missing half-year estimates and taking a US$949 million impairment.The maker of Europe’s top-selling lager reported a...
Hot stock: Seatrium up as much as 9.3% after H1 profit guidance
The offshore and marine specialist expects a net profit for the first half of its financial yearSHARES of Seatrium surged on Monday (Jul 29) in early trade, following the...
ECB keeps rates unchanged, offers no guidance on next move
THE European Central Bank (ECB) kept interest rates unchanged as expected on Thursday (Jul 18) and gave no hints about its next move, arguing that domestic price pressures remain...
