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09 Aug, 2022
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Category: Business

Raytheon raises profit forecast on commercial aero demand

November 8, 2021November 2, 2021 wnysccorg

Raytheon Technologies Corp (RTX.N) raised its forecast for full-year adjusted profit on Tuesday, as rising commercial air travel boosted demand for the aerospace and defense firm’s engines, spare parts and aftermarket services. But in an interview with CNBC Raytheon’s Chief Read more

Business

TV production business boosts Hasbro as toy shipments take a hit

November 7, 2021November 2, 2021 wnysccorg

Hasbro Inc (HAS.O) beat quarterly profit estimates on Tuesday, helped by a rebound in its TV and film production business that cushioned some of the impact from toy shipment delays due to global supply chain bottlenecks. The toymaker’s shares rose Read more

Business

DraftKings drops $22 bln pursuit of Ladbrokes owner Entain

November 6, 2021November 2, 2021 wnysccorg

Betting firm DraftKings (DKNG.O) walked away from a $22 billion attempt to buy gambling group Entain (ENT.L) on Tuesday, becoming the second American bidder this year to try and fail to take control of the British owner of Ladbrokes betting Read more

Business

GE lifts 2021 earnings forecast, flags ‘challenging’ operating environment

November 5, 2021November 2, 2021 wnysccorg

General Electric Co (GE.N) raised its full-year earnings forecast on Tuesday after a recovery in its jet-engine business helped it report higher-than-expected quarterly profit. The industrial conglomerate, however, said it faced a “challenging” operating environment because of global supply chain Read more

Business

Wall Street in Riyadh sees lingering inflation, oil hitting $100

November 4, 2021November 2, 2021 wnysccorg

Top Wall Street firms warned at an investment conference in Riyadh of the risk of a sustained increase in prices with BlackRock, the world’s top asset manager, saying there is “high probability” of oil hitting $100 a barrel. Federal Reserve Read more

Business

Business leaders look to U.N. for deal toward carbon pricing

November 3, 2021November 2, 2021 wnysccorg

World business leaders want the upcoming United Nations climate summit to resolve issues that have so far hindered the use of carbon pricing to cut worldwide emissions, looking to boost the role that companies play in slowing global warming. Executives, Read more

Business

Computer mouse maker Logitech hit by supply chain problems

November 2, 2021November 2, 2021 wnysccorg

Logitech International SA (LOGN.S) shares plunged 6% on Tuesday after the computer peripherals maker reported a steep fall in operating profit and said it was facing “unprecedented” supply chain problems. The maker of keyboards, mice and headsets became the latest Read more

Business

Recent Posts

  • Love Your Pets: Cat Care Tips And Tricks
  • Dak Prescott is not expected to practice Monday
  • Smartwatch study provides an unprecedented look at the health status of a diverse patient population
  • Raytheon raises profit forecast on commercial aero demand
  • Newegg accidentally ships Alder Lake CPUs to some customers early, asks them to keep quiet

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