GSK raises annual profit and sales forecast after second quarter beat
BRITISH drugmaker GSK raised its annual earnings and sales forecasts on Wednesday (Jul 31) and posted second-quarter results that beat ...
Tag: Quarter
LVMH sales grow 1% in second quarter, missing estimates
LVMH, the world’s biggest luxury company, posted a 1 per cent rise in organic sales in the second quarter on ...
Computer parts maker Logitech lifts outlook after upbeat quarter
COMPUTER mouse maker Logitech International raised its full-year sales and profit outlook on Tuesday (Jul 23), after a strong performance ...
S-Reits to hit ‘turning point’ in coming quarter amid expectations of interest rate cuts
However, S-Reits are likely to report lower year-on-year distributions in the upcoming earning season as listcos continue to refinance maturing ...
Dell shares tumble as weak margin forecast clouds upbeat quarter
DELL Technologies said on Thursday (May 30) it expects its adjusted gross margin rate to decline about 150 basis points ...
Applied Materials forecasts strong third quarter on AI boom
SEMICONDUCTOR equipment maker Applied Materials forecast third-quarter results largely above Wall Street estimates on Thursday (May 16), indicating robust demand ...
Baidu ‘confident’ AI will sustain growth after sluggish first quarter
CHINA’S Baidu said on Thursday (May 16) it was confident artificial intelligence would help drive future sales and profits after ...
Citadel Securities revenue reaches US$2.3 billion in first quarter
CITADEL Securities generated US$2.3 billion of net trading revenue in the first three months of 2024, setting the market-making firm ...
TSMC says construction of first European plant on track to start in fourth quarter
TAIWANESE chipmaker TSMC plans to start construction of its first European facility in the fourth quarter of 2024, it said ...
Vodafone reports 2% rise in annual profit after stronger final quarter
Vodafone reported on Tuesday (May 14) a 2.2 per cent rise in organic earnings for 2024, meeting market forecasts, after ...
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