By Arathy Somasekhar HOUSTON (Reuters) – A rout in natural gas prices will hurt first-quarter earnings and cash flows at gas producers as hedges – the industry’s version of price ins[...]
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February 14, 2023
Leidos Holdings sees 2023 profit below estimates as supply chain woes persist
(Reuters) – U.S. defense contractor Leidos Holdings Inc forecast lower-than-expected 2023 profit as the industry struggles with labor shortages, higher costs and lingering supply chain bottlenec[...]
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Shoichiro Toyoda, son of Toyota founder, dies aged 97
TOKYO (Reuters) – Shoichiro Toyoda, the son of Toyota Motor Corp founder and father of current chief executive Akio Toyoda, died on Tuesday of heart failure, the company said. He was 97. Toyoda,[...]
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Retail Investor Risk Appetite Improves With AI Stocks Leading
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Some of Wall Street’s most speculative names, including meme stocks and shares of artificial intelligence companies, are leading the equity market[...]
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Marketmind: Wings of a Dove
A look at the day ahead in U.S. and global markets from Mike Dolan. With markets wary of just how much tough love the Federal Reserve will have to show the economy to get inflation back under wraps, t[...]
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Samsung Electronics to borrow $16 billion from Samsung Display unit
SEOUL (Reuters) – Samsung Electronics plans to borrow 20 trillion won ($15.78 billion) from unit Samsung Display to use as operational funds, the tech giant said in a regulatory filing on Tuesda[...]
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TUI sees strong summer bookings as travel recovery gains momentum
By Joanna Plucinska LONDON (Reuters) -Holiday group TUI said on Tuesday it was seeing encouraging booking trends for summer and next winter as customers return following a pandemic hiatus. Some analys[...]
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Coca-Cola HBC’s annual profit beats, warns of price increases
By Radhika Anilkumar (Reuters) -Coca-Cola HBC AG on Tuesday reported better-than-expected full-year operating profit and said it will increase prices this year to tackle an increase in costs. Energy a[...]
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Toshiba warns on profit after Q3 slump; COO resigns over expenses
By Makiko Yamazaki and Mayu Sakoda TOKYO (Reuters) -Japan’s Toshiba Corp cut its annual earnings estimate after third-quarter profit slumped and its chief operating officer resigned over the ina[...]
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