Third-quarter earnings season was supposed to be a tough stretch for U.S. companies, and while it still appears that earnings-per-share, or EPS, for America’s largest public companies will decline year-over-year during the three-month period, reported results are coming in much better than feared. Through a combination of expectations management, shareRead More →
By Chibuike Oguh (Reuters) – U.S. buyout firm Carlyle Group LP (O:) reported a 25% year-on-year drop in its third-quarter earnings on Thursday, driven by lower proceeds from asset sales in its private equity portfolio. The Washington, D.C.-based firm said a slower pace of exit activity in some of itsRead More →
(Reuters) – AT&T Inc said on Wednesday weakness in its wireless equipment unit could weigh on its third-quarter revenue. Low upgrade rates are hurting its wireless equipment revenue, AT&T said. The company also said it expects current-quarter revenue at its WarnerMedia unit to fall by $400 million from a yearRead More →
© Reuters. The Slack Technologies Inc. logo is seen on a banner outside the New York Stock Exchange (NYSE) during thew company’s IPO in New York By Arjun Panchadar (Reuters) – Slack Technologies Inc (N:) forecast slowing revenue growth in the second half and a bigger-than-expected third-quarter loss in itsRead More →
© Reuters. The Toyota logo is seen on the bonnet of a newly launched Camry Hybrid electric vehicle at a hotel in New Delhi TOKYO (Reuters) – Toyota Motor Corp’s quarterly operating profit edged up as continued increase in sales in Asia, including China, offset lower sales in North America,Read More →
