News
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Reuters6 minutes ago
Visa quarterly profit rises on strong transaction volumes
Reuters7 minutes ago
Mondelez International forecasts bigger decline in annual profit
Reuters7 minutes ago
Riverview Bancorp's Q2 net income falls, interest income rises
Reuters7 minutes ago
Sensor products maker Sensata beats Q3 revenue, adjusted EPS expectations
Reuters7 minutes ago
AI firm ExlService Q3 revenue beats estimates on higher client base, raises FY guidance
Reuters7 minutes ago
Casino operator Red Rock's Q3 revenue beats estimates, partly helped by Las Vegas operations
Other
Visa quarterly profit rises on strong transaction volumes
Oct 28 (Reuters) - Visa V.N reported a rise in fourth quarter adjusted profit on Tuesday, as strong consumer spending trends helped the global payments processing company's card transaction volumes. The company reported adjusted net income of $5.80 billion, or $2.98 per share, in the three month...Reuters
6 minutes ago
Commodities
Mondelez International forecasts bigger decline in annual profit
Oct 28 (Reuters) - Mondelez International MDLZ.O on Tuesday forecast a bigger decline in annual profit as consumers pulled back on purchases of its pricey chocolates and snacks in North America.It expects 2025 adjusted earnings per share to decline about 15%, compared with its prior target of a 10% ...Reuters
7 minutes ago
Other
Riverview Bancorp's Q2 net income falls, interest income rises
OverviewRiverview Bancorp's Q2 net income fell to $1.1 mln from $1.6 mln a year agoNet interest income increased to $9.8 mln from $8.9 mln in fiscal Q2 2025Company adopted a $2.0 mln stock repurchase plan in April 2025OutlookRiverview expects strong loan demand to support growthRiverview aims to...Reuters
7 minutes ago
Other
Sensor products maker Sensata beats Q3 revenue, adjusted EPS expectations
OverviewSensata Q3 revenue beats analyst expectations despite a 5.2% yr/yr declineAdjusted EPS for Q3 beats consensus, remaining consistent with prior yearAdjusted operating income for Q3 exceeds analyst estimatesOutlookSensata expects Q4 2025 revenue of $890 mln to $920 mlnSensata forecasts Q4 2025...Reuters
7 minutes ago
Other
AI firm ExlService Q3 revenue beats estimates on higher client base, raises FY guidance
OverviewExlService Q3 2025 revenue grows 12.2% yr/yr, beating analyst expectations, per LSEG dataAdjusted EPS for Q3 2025 beats consensusCompany raises full-year guidance for revenue and adjusted EPS, citing strong momentumOutlookExlService raises full-year revenue guidance to $2.07 bln-$2.08 blnCom...Reuters
7 minutes ago
Other
Casino operator Red Rock's Q3 revenue beats estimates, partly helped by Las Vegas operations
OverviewRed Rock Q3 revenue rose 1.6% yr/yr, beating analyst expectationsAdjusted EBITDA for Q3 beats analyst estimates, increasing 4.5% yr/yrCompany authorizes $300 mln more for share repurchase program, extending to 2027OutlookCompany did not provide specific guidance for future quarters or full y...Reuters
7 minutes ago
Other
Logitech second-quarter earnings boosted by AI-enabled products
ZURICH, Oct 28 (Reuters) - Logitech LOGN.S on Tuesday reported better-than-expected sales and earnings for the second quarter as the computer peripherals maker sold more of its artificial intelligence-enabled products.The Swiss-American company said its sales rose 6% to $1.19 billion for the three m...Reuters
8 minutes ago
Stocks
LIVE MARKETS-Wall Street wows with its own triple play
Main indexes end green; Nasdaq out front, up ~0.8%Tech leads S&P sector gainers; Real Estate weakest groupDollar, bitcoin, gold all dip; crude down >2%US 10-Year Treasury yield edges down to ~3.98%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You c...Reuters
8 minutes ago
Other
Electronic Arts misses second-quarter bookings estimates
Oct 28 (Reuters) - Electronic Arts EA.O missed Wall Street expectations for second-quarter bookings on Tuesday, weighed down by uncertain spending on its core sports portfolio, while the videogame publisher bets big on the new "Battlefield 6" title. The company reported bookings of $1.82 bil...Reuters
10 minutes ago
Stocks
EMERGING MARKETS-Argentine stocks lead Latin American rally, peso retreats
Argentine equities at nine-month highPeso pulls back day after strong rallyInterest rate decision awaited in ChileBy Niket Nishant and Purvi Agarwal Oct 28 (Reuters) - Argentine stocks extended gains on Tuesday, leading a broader rally across Latin American markets, while the local peso pulled b...Reuters
10 minutes ago
Other
Medline reveals filing for blockbuster US IPO as market recovery gains momentum
Medline discloses higher profit, revenue in first half of 2025IPO could reportedly value healthcare giant at $50 billionPE-owned Medline could raise $5 billionBy Manya Saini and Arasu Kannagi Basil Oct 28 (Reuters) - Medline disclosed on Tuesday that its revenue rose 9.7% in the first half of 202...Reuters
10 minutes ago
Commodities
Chicago wheat futures firm on export deal hopes, traders adjusting positions
CHICAGO, Oct 28 (Reuters) - Chicago Board of Trade wheat futures finished higher on Tuesday as trader optimism for a U.S.-China trade deal continued to bolster grain and soybean markets.Grain and soybean futures continued to rally, partly because traders adjusted their positions as some markets were...Reuters
11 minutes ago
Commodities
Natgas producer Expand Energy posts profit in third quarter
Oct 28 (Reuters) - U.S. natural gas producer Expand Energy EXE.O on Tuesday reported a profit in the third quarter, compared with a year-ago loss, driven by increased output and stronger commodity prices.The Oklahoma City-based company reported a profit of $547 million, or $2.28 per share, for the q...Reuters
11 minutes ago
Other
Israeli planes strike Gaza in test of U.S.-brokered ceasefire
Netanyahu orders immediate attacks on Gaza, his office saysMilitary official says Hamas violated ceasefire with attacks on Israeli forcesNetanyahu also accuses Hamas of handing over wrong hostage remainsHamas says it has postponed a planned handover of remainsHamas says it is committed to ceasefire ...Reuters
12 minutes ago
Other
Deals of the day-Mergers and acquisitions
Oct 28 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:*Stellantis STLAM.MI said on Tuesday it has partnered with Nvidia NVDA.O, Uber UBER.N and Foxconn 2354.TW to explore the joint development of autonomous vehicles, aiming to tap into the bo...Reuters
13 minutes ago
Stocks
US STOCKS-Wall Street indexes post records as Nvidia jumps, megacap earnings ahead
Microsoft advances after OpenAI restructuring dealKey results from megacap names due this weekNvidia will build AI supercomputers for US energy departmentBy Caroline Valetkevitch Oct 28 (Reuters) - All three major U.S. stock indexes posted record closing highs again on Tuesday as Nvidia shares ga...Reuters
16 minutes ago
