Raises
Block raises annual forecast on resilient consumer spending
JACK Dorsey-led Block lifted its forecast for annual adjusted core earnings on Thursday as the payments firm bet on resilient consumer spending and its own cost-cutting measures.Shares of the...
Deutsche Bank raises Postbank pay by 12.5% in new cost headwind
Deutsche Bank has agreed to increase salaries by 12.5 per cent for a large swathe of its German staff, adding to cost pressures for chief executive officer Christian Sewing.Roughly...
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...
Olam outbids Dreyfus’ sweetened deal for Australia’s Namoi, raises offer to A$0.66 per share
Olam Group’s indirect 64.57 per cent-owned subsidiary Olam Agri on Thursday (May 2) increased its off-market takeover offer to acquire all shares in Namoi Cotton, topping its rival Louis...
Olam outbids Dreyfus’ sweetened deal for Australia’s Namoi, raises offer to A$0.66 per share
Olam Group’s indirect 64.57 per cent-owned subsidiary Olam Agri has on Thursday (May 2) increased its off-market takeover offer to acquire all shares in Namoi Cotton, topping its rival...
DuPont beats profit estimates, raises full-year forecasts
INDUSTRIAL materials maker DuPont de Nemours beat Wall Street estimates for first-quarter profit and raised its full-year forecasts on Wednesday (May 1), as it benefited from higher sales 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...
GE Aerospace raises earnings goal on strong engine sales
GENERAL Electric raised the full-year profit guidance for its aerospace business, driven by an increase in revenue from commercial aircraft engines and services. Operating profit this year will reach US$6.2...
