The euro fell below parity against the dollar again as traders dumped the single currency amid renewed fears surging energy costs would cause recession in Europe. The buck’s bounce was Read more
Tag: raises
U.S. stock rally takes a breather as China raises worries over global growth
Soft data out of China put a damper on U.S. stocks Monday, with investors pausing for breath after last week extending a bounce off mid-June lows. How are stock futures Read more
Pet-food maker Better Choice raises doubts about its financial future
Pet-food maker Better Choice Co. BTTR, +6.06% says there is doubt about its long-term ability to continue as a going concern in light of losses and financial covenants requiring it Read more
Stifel’s Barry Bannister raises S&P 500 target to 4,400 for 2022 and prefers ‘cyclical growth’ stocks
Stifel chief equity strategist Barry Bannister has lifted his target for the S&P 500 index by 200 points to 4,400 for the second half of 2022, expecting “cyclical growth” stocks Read more
Yelp reports record ad revenue for fourth straight quarter, raises guidance
While many social-media companies have reported a digital-advertising downturn, Yelp Inc. managed to fight through it and increase its expectations for the full year. Yelp YELP, -1.40% produced record revenue Read more
Dow Jones Newswires: WPP profits rise as ad giant trims costs, raises forecasts
The London-based advertising group said pretax profit was 418.6 million pounds ($509 million) compared with GBP394.4 million a year earlier.
Bayer Raises 2022 View – MarketWatch
By Cecilia Butini Bayer AG on Thursday lifted its guidance for the full year after a sales beat in the second quarter and a boost from positive currency effects, though Read more
BP raises dividend and buyback after profit surge
BP PLC BP, -1.91% on Tuesday reported that its profits rose further in the second quarter of the year, and increased both the dividend and the quarterly share buyback. The Read more
Apple raises $5.5 billion in debt after upbeat earnings, iPhone sales offset fears of a consumer pullback
Apple Inc., fresh off upbeat quarterly results tied to robust iPhone sales, rolled out a four-part bond deal on Monday to raise new debt. The new deal from Apple AAPL, Read more
Hilton stock soars 5.7% as hotel operator trounces earnings estimates and raises outlook
Shares of Hilton Worldwide Holdings Inc. soared 5.7% Wednesday, after the hotel operator blew past estimates — including its own — for the second quarter and forecast continued recovery in Read more