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PepsiCo, retailers share purchase data to improve sales forecasting, exec says

By Richa Naidu and Jessica DiNapoli AMSTERDAM/NEW YORK (Reuters) - PepsiCo, which is overhauling some of its top brands like Lay's potato chips as shoppers look for cheaper options, is increasingly

Reuters

Wed, Oct 30

AIA posts record third-quarter new business value on China, Hong Kong growth

(Reuters) -Hong Kong-based insurer AIA Group reported a record value of new business (VONB) for the third quarter on Thursday, driven by strong demand for products in its key markets, China and Hong

Reuters

Wed, Oct 30

TSMC says its does not expect significant impact from typhoon

TAIPEI (Reuters) - Taiwan chipmaker TSMC said on Thursday that it has activated routine typhoon alert preparation procedures at all its factories and construction sites, ahead of the arrival of Super

Reuters

Wed, Oct 30

Cognizant beats quarterly profit estimates on gradual recovery in IT services demand

(Reuters) - Cognizant Technology Solutions beat Wall Street estimates for third-quarter profit on Wednesday, helped by recovery in demand as more businesses turn to the IT services provider. The

Reuters

Wed, Oct 30

Argentine President Milei fires foreign minister after vote to lift embargo against Cuba

BUENOS AIRES (Reuters) -Argentina's President Javier Milei on Wednesday replaced Foreign Affairs Minister Diana Mondino after she voted in favor of lifting the U.S. embargo against Cuba at the United

Reuters

Wed, Oct 30

South Korea Sept factory output unexpectedly falls on weaker chip production

SEOUL (Reuters) - South Korea's factory output unexpectedly fell in September on weaker chip production, government data showed on Thursday. The industrial output index fell 0.2% over the month on a

Reuters

Wed, Oct 30

Roku forecasts fourth-quarter core profit below estimates; shares drop

(Reuters) -Roku on Wednesday forecast fourth-quarter core profit below Wall Street expectations due to high operational costs and said it would stop reporting streaming household metrics in its

Reuters

Wed, Oct 30

Equinix forecasts quarterly revenue above estimates on steady demand

(Reuters) - Equinix forecast fourth-quarter revenue above Wall Street estimates on Wednesday, driven by steady demand for its data center services amid the continuing surge in artificial intelligence

Reuters

Wed, Oct 30

Wall street ends lower ahead of megacap earnings

By Abigail Summerville (Reuters) -U.S. stock indexes closed lower on Wednesday as chip stocks tumbled and investors awaited a host of corporate earnings. Microsoft and Meta Platforms reported earnings

Reuters

Wed, Oct 30

Michigan strips two clerks in small town of election duties over hand-count plan

SOUTHFIELD, Michigan (Reuters) - Two election officials in a small Michigan town have been stripped of their duties overseeing Tuesday's U.S. presidential election after they vowed to go ahead with a

Reuters

Wed, Oct 30

Starbucks CEO vows to overhaul its cafes and simplify its menu

(Reuters) - Starbucks on Wednesday reported a 7% drop in global comparable sales for the fourth quarter as the coffee chain struggles to revive demand for its pricey lattes in the key U.S. and China

Reuters

Wed, Oct 30

EBay forecasts revenue below estimates on weak demand, shares fall

(Reuters) -Ecommerce firm eBay forecast fourth-quarter revenue below Wall Street estimates on Wednesday as cautious consumers shun collector's items and refurbished goods, sending its shares down more

Reuters

Wed, Oct 30

Arizona man indicted for shooting at DNC building near Phoenix

By Jasper Ward (Reuters) - An Arizona man who was arrested for shooting at the Democratic National Committee's office in suburban Phoenix on three separate occasions was indicted on a terrorism charge

Reuters

Wed, Oct 30

Robinhood earnings miss Street expectations, shares tumble 11%

By Arasu Kannagi Basil and Atharva Singh (Reuters) -Retail trading platform Robinhood's third-quarter earnings fell short of expectations on Wednesday, a miss it attributed to an accounting quirk

Reuters

Wed, Oct 30

Arizona man indicted for shooting at DNC building near Phoenix

By Jasper Ward (Reuters) - An Arizona man who was arrested for shooting at the Democratic National Committee's office in suburban Phoenix on three separate occasions was indicted on a terrorism charge

Reuters

Wed, Oct 30

MGM Resorts misses quarterly estimates on sluggish Las Vegas business

(Reuters) - MGM Resorts International missed market expectations for third-quarter profit and revenue on Wednesday, hurt by weak sales in its Las Vegas casino business, sending its shares down more

Reuters

Wed, Oct 30

Spirit Airlines to furlough hundreds of pilots to cut costs

By Rajesh Kumar Singh CHICAGO (Reuters) - Spirit Airlines will furlough about 330 pilots on Jan. 31, 2025, a company spokesperson told Reuters, as part of its efforts to cut costs and shore up its

Reuters

Wed, Oct 30

Amgen posts higher profit, obesity data on track for late this year

By Deena Beasley (Reuters) -Amgen reported a higher quarterly profit on Wednesday, driven by a 24% rise in sales of drugs for high cholesterol and osteoporosis, and said mid-stage trial results for a

Reuters

Wed, Oct 30

American Water Works reports strong Q3 results on pricing

(Reuters) - American Water Works reported a rise in profit and revenue for the third quarter on Wednesday, driven by efforts to increase pricing for its drinking water and waste water management

Reuters

Wed, Oct 30

MetLife profit falls on group benefits business weakness

(Reuters) - MetLife reported a fall in third-quarter adjusted profit on Wednesday, owing to weak performance in the insurer's group benefits business, sending its shares down 5.5% after the bell.

Reuters

Wed, Oct 30

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