PepsiCo forecasts surprise drop in 2019 adjusted profit
PepsiCo Inc forecast a surprise drop in full-year profit on Friday, hit by a stronger dollar, increased investments in its business and a higher tax bill.
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D.R. Horton forecasts weak home sales, shares fall 10 percent
D.R. Horton shares fell more than 10 percent after the largest U.S. homebuilder forecast first-quarter home sales below analysts' estimates on Thursday, the latest sign that rising mortgage rates and higher home prices are weighing on the housin...
Italy's Tria says EU forecasts are inaccurate, incomplete
Italian Economy Minister Giovanni Tria on Thursday condemned latest European Commission economic forecasts for Italy, which were worse than Rome's own data, saying the EU analysis was wrong and limited.
UK upgrades growth forecasts - Hammond
Britain has raised its official forecast for economic growth in 2019 while the outlook for subsequent years was unchanged or slightly higher, Chancellor Philip Hammond said on Monday as he outlined his annual budget.
UK retail sales smash forecasts as Britons celebrate royal wedding and bask in sun
LONDON (Reuters) - British retail sales jumped for a second month in a row in May, far outstripping expectations as a royal wedding and warm weather helped shoppers put a winter slump further behind them, data showed on Thursday.