Refinitiv

Toshiba warns on profit after Q3 slump; COO resigns over expenses

Japan's Toshiba Corp cut its annual earnings estimate after third-quarter profit slumped and its chief operating officer resigned over the inappropriate…

3 years ago

IBM cuts 3,900 jobs, misses annual cash target

IBM Corp on Wednesday announced 3,900 layoffs as part of some asset divestments and missed its annual cash target, dampening cheer…

3 years ago

Apple supplier Foxconn adjusts production to avoid holiday blues

Apple Inc supplier Foxconn said on Thursday it expected smartphone revenue to fall this quarter and is adjusting production to…

3 years ago

WeWork to exit 40 U.S. locations to cut costs, revenue outlook disappoints

WeWork Inc said on Thursday it will exit about 40 locations across the United States and forecast current-quarter revenue below…

3 years ago

UK banks start cutting ‘Truss premium’ from mortgage rates, but slowly

Having hiked mortgage rates after political turmoil drove up the cost of borrowing, British banks are now cutting home loan…

3 years ago

Goldman plans major overhaul to combine key units – source

Goldman Sachs is planning a major reorganization to combine its biggest businesses into three divisions with its storied investment banking and…

3 years ago

BlackRock profit beats as ETF demand holds up against market rout

BlackRock Inc posted a smaller-than-expected drop in quarterly profit on Thursday as strong demand for exchange-traded funds and other low-risk products…

3 years ago

Dollar General lifts sales forecast as inflation-hit Americans drive demand

Dollar General Corp (DG.N) lifted its annual comparable sales forecast on Thursday, encouraged by Americans flocking to discount store chains for everything…

3 years ago

Nasdaq profits top Wall Street views as software services rise

Nasdaq Inc (NDAQ.O) on Wednesday reported quarterly profits that beat Wall Street expectations, as traders turned to the exchange operator's investment-related products…

3 years ago

TSMC sees resilient chip sales boosting Q3; electronics demand cooling

Taiwan's TSMC (2330.TW) forecast revenue growth that could be the highest in 10 quarters, saying it was "highly confident" about its long-term…

3 years ago