The Federal Reserve should keep raising its policy interest rate until it is confident inflation has peaked and that means interest rate hikes “at least at the next few meetings,” Read more
Tag: backs
RWE backs outlook as net income nearly doubles to €2.12 billion
RWE AG on Thursday said that earnings rose in the first nine months of the year boosted by the expansion of renewables and a strong international trading performance, and backed Read more
E.ON reports higher earnings and sales, backs full-year guidance
E.ON SE on Wednesday said that profit rose in the third quarter with a solid operating performance despite a challenging environment, and backed its full-year guidance at group level. The Read more
Bayer backs outlook after forecast beating sales of €11.28 billion
Bayer AG on Tuesday backed its 2022 financial objectives after third-quarter sales beat expectations and it reported earnings growth in all its segments. The German pharmaceutical-and-agricultural company BAYN, +0.74% posted Read more
Fed’s Barkin backs slower pace of interest-rate hikes
The Federal Reserve had been stepping on the gas in its effort to raise interest rates this year and can now pump the brakes, said Richmond Fed President Tom Barkin Read more
Telefonica backs target, dividend as it brings in $10.08 billion in revenue
Telefonica SA backed its financial targets and dividend for the year after it reported higher third-quarter revenue on improving handset sales as well as a boost from foreign exchange moves. Read more
Volkswagen backs outlook as profit and revenue rise, recovery in China continues to accelerate
Volkswagen AG on Friday backed the outlook for its full-year margin after operating profit and revenue rose in the third quarter. The German auto maker VOW3, -0.26% VOW, +0.88% said Read more
Heineken backs full-year guidance after posting 20% revenue rise
Heineken NV Wednesday backed full-year guidance after posing a 20% rise in third-quarter net revenue following a sharp post-COVID recovery in Asia Pacific. The Dutch brewer HEIA, -7.39% HEIO, -6.98% Read more
Heineken backs full-year guidance after posting 20% revenue rise
Heineken NV Wednesday backed full-year guidance after posing a 20% rise in third-quarter net revenue following a sharp post-COVID recovery in Asia Pacific. The Dutch brewer HEIA, -7.17% HEIO, -6.84% Read more
Royal KPN reports forecast-beating profit, backs guidance
Royal KPN NV said Wednesday that third-quarter net profit rose ahead of consensus, helped by lower costs, and backed its guidance for the year. For the quarter, the Dutch telecommunications Read more