refinitiv data

United Airlines revenue tops estimates as travel rebounds, sees 3rd-quarter turning point

United Airlines (UAL.O) reported its sixth consecutive quarterly loss on Tuesday due to the coronavirus pandemic, though revenue quadrupled from…

4 years ago

AB Volvo warns chip woes to linger after narrow profit miss

Sweden's AB Volvo (VOLVb.ST) warned on Tuesday of more production disruptions and stoppages this year after chip shortages prevented the…

4 years ago

IBM quarterly revenue beats on cloud strength, shares rise

IBM (IBM.N) reported second-quarter revenue on Monday that beat analysts' estimates, as a recovery in client spending powered strong growth…

4 years ago

Wells Fargo wary on prospect of asset restriction easing

Wells Fargo & Co's(WFC.N)Chief Executive Officer Charlie Scharf said the bank was not yet planning for the end of a…

4 years ago

Italy’s Ali Group hungry for bigger slice of U.S. fast-food market

Italian family business Ali Group expects its planned takeover of U.S. catering equipment rival Welbilt to boost sales as Americans'…

4 years ago

Samsung Electronics Q2 profit likely up 38% on strong chip prices

Samsung Electronics Co Ltd (005930.KS) likely saw a 38% surge in profit for the April-June quarter thanks to strong chip…

4 years ago

Five market trends investors are eyeing halfway through 2021

Investors have enjoyed a rewarding ride in the first half of 2021, as unprecedented economic stimulus, stellar earnings growth and…

4 years ago

Global companies’ capex to hit decade-high growth this year -Refinitiv data

Global companies are set to ramp up their expansion plans this year, after being bogged down in the last few…

4 years ago

Morrisons leaps after rejecting $7.6 bln private equity bid

Morrisons (MRW.L) shares surged as much as 35% on Monday on hopes that U.S. private equity firm Clayton, Dubilier &…

4 years ago

‘Meme stock’ rally pauses, Redditors focus on biotech stocks

Small-time stock traders turned their attention to the biotech and healthcare sectors on Monday, lifting shares of some by as…

4 years ago