By Juby Babu (Reuters) -Pinterest forecast current-quarter revenue below Wall Street expectations on Tuesday as the image-sharing platform faces tough competition in a stabilizing digital advertising[...]
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July 30, 2024
Electronic Arts forecasts upbeat second-quarter bookings on ‘College Football’ strength
By Zaheer Kachwala (Reuters) -Videogame publisher Electronic Arts forecast second-quarter bookings above analysts’ expectations on Tuesday, citing robust sales of its popular titles such as[...]
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Live Nation misses quarterly profit estimates, shares fall
(Reuters) – Ticketmaster-parent Live Nation Entertainment missed analysts’ estimates for second-quarter profit on Tuesday, hurt by higher operating expenses, sending its shares down more t[...]
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Airbus faces UK criminal probe over potential export control breach
By Tim Hepher PARIS (Reuters) – Airbus is facing a criminal investigation in Britain into potential violations of export control rules involving several of its British entities, the aerospace gr[...]
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Caesars Entertainment posts second-quarter loss after $940 million charge
(Reuters) – Caesars Entertainment on Tuesday posted a second-quarter loss compared with a year-ago profit, after the casino operator took a $940 million charge related to its REIT leases. Profit[...]
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Wells Fargo sued over employee prescription drug costs
By Daniel Wiessner (Reuters) -Wells Fargo & Co was accused in a lawsuit filed on Tuesday of mismanaging its employee health insurance plan and forcing tens of thousands of U.S. employees to overpa[...]
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Appian’s $2 billion verdict against Pegasystems overturned by appeals court
By Blake Brittain (Reuters) -Software company Pegasystems convinced a Virginia appeals court on Tuesday to throw out a $2 billion jury verdict for rival Appian in a court battle over Pegasystems[...]
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S&P 500, Nasdaq stumble on caution ahead of tech earnings
By Chuck Mikolajczak NEW YORK (Reuters) – The S&P 500 and Nasdaq closed lower on Tuesday, weighed down by weak chip and megacap shares ahead of earnings from heavyweight tech companies this[...]
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Stellantis says no intention of selling Maserati, after CEO issues warning
(Reuters) – Stellantis has no intention of selling its luxury vehicle business Maserati or aggregating the unit with other Italian luxury groups, the Jeep maker said on Tuesday. “Stellanti[...]
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