By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Walt Disney predicted a ‘moderation in demand’ at its theme park business in coming quarters, overshadowing the success of the[...]
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August 7, 2024
Occidental Petroleum beats second-quarter profit estimates on higher production
By Sabrina Valle and Seher Dareen (Reuters) -Occidental Petroleum on Wednesday beat Wall Street estimates for second-quarter profit by 34%, in the first results since it closed the $12 billion acquisi[...]
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Beyond Meat beats revenue estimates on gains from price hikes
By Anuja Bharat Mistry (Reuters) -Beyond Meat beat estimates for second-quarter revenue on Wednesday and raised the lower end of its sales forecast for the year, as it benefited from a string of price[...]
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Morning bid: BOJ reassurance fades, defences still up
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Asian assets are in for a rocky ride on Thursday after soothing words from the Bank of Japan’s deputy governor abou[...]
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Avocado goldrush links US companies with Mexico’s deforestation disaster
By Cassandra Garrison URUAPAN, Mexico (Reuters) – On a sweltering July afternoon, two large yellow bulldozers dug into the brown soil at the bottom of a lush avocado orchard near the small town[...]
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Equinix raises annual adjusted core earnings forecast on strong data center demand
(Reuters) – Equinix raised its annual adjusted core earnings forecast on Wednesday, betting on strong demand for its data center operation services amid growing adoption of generative artificial[...]
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Marathon Oil misses profit estimates on weak natural gas prices
(Reuters) – U.S. oil and gas firm Marathon Oil missed Wall Street estimates for second-quarter profit on Wednesday, hurt by a fall in natural gas prices. U.S. gas prices dropped as mild weather[...]
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Equities close lower, yields rise, yen slumps after BoJ talks down rate increases
By Sinéad Carew and Alun John NEW YORK/LONDON (Reuters) -Wall Street equity indexes closed lower after Wednesday’s choppy session while a bond auction pushed Treasury yields higher and the dolla[...]
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Delta passengers sue airline for refusing refunds after massive computer outage
By Jonathan Stempel (Reuters) -Delta Air Lines was sued by passengers who complained that the carrier refused to offer full refunds after delaying or canceling their flights in the wake of last month[...]
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