Guidance
Airbus cuts guidance as supply-chain snags continue to bite
AIRBUS cut its earnings and aircraft-delivery goals for the year as persistent supply-chain issues continue to deprive the European planemaker of vital components, dealing a setback to the company...
Tesla upgrades in-car navigation software in China, introduces lane-level guidance
TESLA released a software upgrade for its in-car navigation system in China on Friday (Jun 7), introducing new features such as displaying lane markings on its maps that correspond...
Maersk raises 2024 guidance on strong demand, Red Sea disruptions
DANISH shipping group AP Moeller-Maersk on Monday (Jun 3) raised its full-year profit guidance for the second time in a month on the back of strong container market demand...
US dollar holds steady as investors wait for Fed guidance
THE US dollar was broadly steady on Monday (May 20) as investors awaited further clues to help chart the path of US interest rates in the wake of cautious...
Maersk raises full-year profit guidance after strong quarter
Shipping group Maersk raised its full-year profit guidance after posting better than expected quarterly earnings on Thursday (May 2), citing strong container shipping demand and the diverting of vessels...
Bank of Korea considering forward guidance overhaul: sources
THE Bank of Korea (BOK) is considering overhauling how it provides guidance on the likely future path of interest rates by extending the timeframe and giving visual estimates in...
Nike falls after guidance for first-half revenue decline
NIKE shares fell after the athletic-wear retailer forecast a drop in revenue early in its next fiscal year as it realigns its product offerings. The world’s largest sportswear retailer...
Deliveroo beats earnings guidance, sees positive cash flow in 2024
BRITISH meal delivery company Deliveroo reported better-than-expected core earnings of £85 million (S$145.1 million) for 2023, and expected further progress during 2024 with a move into positive cash flow....
