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Souring Profit Outlooks Threaten S&P 500’s 20% Rally
04 May 2024 14:38 GMT
… keep the stock rally going. Profit outlooks are becoming more important.
With …
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Post Holdings lifts profit forecast
03 May 2024 22:02 GMT
Post Holdings has lifted its adjusted EBITDA forecast for its 2024 fiscal year after a jump in profits in its second quarter.
The US packaged food manufacturer has raised its full-year guidance range for adjusted EBITDA to $1.335bn to $1.375bn, up from its …
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ArcelorMittal smashes profit forecasts in first quarter
02 May 2024 18:13 GMT
While economic sentiment remains "subdued", the company said it still expects apparent steel demand excluding China to grow by between 3% and 4% this year.
When including China, demand is projected to rise by just 1.7% in 2024, according to …
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Xylem raises 2024 profit forecast on water treatment products demand
02 May 2024 14:42 GMT
(Reuters) – Xylem raised its annual profit forecast on Thursday on the back …
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Danish firm behind weight-loss drug Wegovy raises profit forecast to £15.3bn
02 May 2024 13:37 GMT
… Nordisk to raise its 2024 profit forecast to up to £15.3bn …
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Baxter raises annual profit forecast on strong demand for medical devices
02 May 2024 13:10 GMT
… Baxter International raised its annual profit forecast and beat quarterly estimates on …
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OxiClean maker Church & Dwight boosts profit forecast on resilient demand
02 May 2024 12:17 GMT
… lower end of its annual profit forecast and beat expectations for first …
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BorgWarner raises full-year 2024 adjusted profit outlook
02 May 2024 11:41 GMT
… raised its full-year adjusted profit outlook on Thursday, aided by sustained …
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Maersk raises profit outlook fuelled by Red Sea turmoil
02 May 2024 09:17 GMT
Danish liner giant Maersk has lifted the lower end of its full-year guidance as it expects the robust box market amid Red Sea disruptions to continue into the second half of the year.
The Copenhagen-based shipping and logistics group said its first-quarter …
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Ozempic Maker Novo Nordisk Beats Profit Forecasts Amid Weight Loss Drug Frenzy
02 May 2024 08:24 GMT
Topline
Danish pharma giant Novo Nordisk raised its 2024 outlook and beat first-quarter profit expectations in its first-quarter earnings report Thursday morning, amid a frenzied rush to match booming consumer demand for its popular weight loss and …