Tencent first quarter profit rises 17 percent, beats forecast
Tencent Holdings reported on Wednesday a 17% rise in profit for the three months ended March, beating estimates.
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EBay's strong quarter, robust forecast send shares 5% higher
EBay Inc beat analysts' quarterly revenue estimates and forecast second-quarter sales largely above expectations on Tuesday, as the company's multi-year effort to make its ecommerce platforms more user friendly attracts more customers.
Honeywell beats profit estimates, raises full-year forecast
Honeywell International Inc on Thursday reported a better-than-expected quarterly profit and raised its full-year financial forecast as a boom in air travel drove demand for its aircraft parts used in the airline industry.
Southwest cuts forecast for revenue performance measure after 737 Max groundings
Southwest Airlines Co said on Wednesday the recent groundings of Boeing 737 MAX planes would lead to its first-quarter revenue per available seat mile coming in below its previous forecast.
Oil falls after record U.S. shale output forecast
Oil fell on Wednesday after the U.S. government said shale output would rise to a record next month, denting a rally that sent prices to their highest this year.
Grim fiscal forecast awaits Illinois' new governor
Illinois' new governor faces a budget deficit that could triple in size, as well as a backlog of unpaid bills that could surpass the state's record high, according to a new five-year fiscal forecast from outgoing Governor Bruce Rauner.
Meat processor Tyson Foods cuts profit forecast on mounting tariff pressures
Tyson Foods Inc cut its full-year profit forecast on Monday, citing the uncertainty in trade policies and increased tariffs that have hurt domestic and export prices of meat, sending its shares down 6 percent.
Luxury group Kering's shares fall, Gucci seen bit weaker than forecast
Shares in luxury goods group Kering , which hit record highs last month, fell back sharply on Friday as traders said sales growth at Kering's Gucci brand had come in a bit weaker than forecast.
Trump tariffs take a bite out of GM 2018 profit forecast
General Motors Co on Wednesday lowered its full-year 2018 earnings forecast, citing higher steel and aluminum costs, sending its shares down more than 3 percent in pre-market trading.
Alcoa cuts adjusted EBITDA forecast citing tariffs, shares slide
Aluminum producer Alcoa Corp lowered its forecast for adjusted earnings before interest, tax, depreciation and amortization (EBITDA) for 2018 on Wednesday, citing U.S tariffs on imported aluminum and rising energy costs.
Boeing lifts industry demand forecast as air show deals roll on
Boeing raised its rolling 20-year industry forecast for passenger and cargo aircraft on Tuesday, as a steady flow of deals on day two of the Farnborough Airshow underscored the industry's resilience to rising global trade tensions.
Boeing lifts industry demand forecast as air show deals role on
Boeing raised its rolling 20-year industry forecast for passenger and cargo aircraft on Tuesday, as a steady flow of deals on day two of the Farnborough Airshow underscored the industry's resilience to rising global trade tensions.
Airbus raises demand forecast, predicts worst over in delivery delays
Airbus on Friday raised its forecast for aircraft demand over the next 20 years as it begins to recover from two years of late deliveries of its A320neo passenger jet.