J.M. Smucker Co. Reports Strong First-Quarter Performance
J.M. Smucker Co. (SJM) experienced a successful first quarter, benefiting from price increases. The renowned producer of Jif and Meow Mix has also raised its profit forecast for the full…
Grayscale Investments Takes Step Towards Bitcoin ETF Approval
Grayscale Investments, a leading digital asset management company, could be on the cusp of converting its Bitcoin Trust product into an exchange-traded fund (ETF) following a recent ruling by a…
Investors Optimistic as U.S. Labor Market Recovers
Investors received a positive boost from Tuesday's U.S. data, indicating that the number of people leaving their jobs in July has returned to pre-pandemic levels. This is a significant signal…
Carrier Global Q2 Results
Profit Expectations According to analysts surveyed by FactSet, Carrier Global, a manufacturer of HVAC products and other equipment, is expected to report a profit of 76 cents per share for…
Bristol Myers Squibb Faces Challenges in Second Quarter
Shares of Bristol Myers Squibb (BMY) experienced a decline in premarket trading following the company's report of lower-than-expected second-quarter sales and a revision of its financial outlook due to increased…
Overstock.com Reports Q2 Revenue Decline
Overstock.com, the online platform for furniture, home decor, and other household items, reported a 20% decline in revenue for the second quarter. The company's active customer base also dropped by…
Informa Expects Strong 2023 Results, Reports Jump in Half-Year Profit
Informa, the events and business-intelligence group, announced on Thursday that it anticipates its 2023 results to be at the higher end of its guided range. This projection comes as the…
Renault’s Strong First Half Performance
Renault, the French car maker, has reported impressive results for the first half of the year, reinforcing its positive outlook for the rest of 2021. With a revenue of €26.85…
Capcom Shares Soar as First-Quarter Net Profit Doubles
By Kosaku Narioka Shares of Capcom, the renowned video game developer, experienced a significant surge in value on Thursday morning following the announcement that its net profit for the first…
Franchise Brands Reports Strong First-Half Results and Names New CFO
Franchise Brands has announced its higher first-half adjusted profit and revenue, along with its forecast for a full-year performance that meets expectations. The multi-brand franchise business reported an adjusted pretax…
BNP Paribas Reports Second-Quarter Results
BNP Paribas, the French bank, recently released its second-quarter financial results. Let's take a closer look: Revenue The bank reported a total revenue of 11.36 billion euros ($12.59 billion) for…
Former Fed Vice Chair: Another Interest-Rate Hike Likely
Former Federal Reserve Vice Chair Richard Clarida believes that another interest-rate hike this year would be a wise move by the U.S. central bank. In an interview with Bloomberg, Clarida…