expects
Investing.com — Cranswick (LON:) in a statement on Tuesday said it expects its annual profit to align with market expectations following a robust performance during the festive trading period. Shares of Cranswick were up 2.4% at 05:46 ET (10:46 GMT). The company, which specializes in pork and poultry products, reported…
By Sai Ishwarbharath B and Haripriya Suresh BENGALURU/MUMBAI (Reuters) – India’s Tata Consultancy Services (NS:) expects its retail and manufacturing clients in North America to step up spending on tech, following a similar upturn in its banking and financial services segment, a top executive of the nation’s No. 1 software-services…
By Stephen Nellis and Max A. Cherney (Reuters) -Intel expects the U.S. government to reduce a preliminary subsidy of $8.5 billion to build more chip factories, two sources familiar with the matter said on Monday, weeks after the company received a separate $3 billion deal with the Pentagon. The $8.5…
By Savyata Mishra (Reuters) -Home Depot forecast a smaller drop in annual same-store sales on Tuesday, benefiting from resilient demand from professional contractors, as well as a lift from hurricane-related spending in the current quarter. The top U.S. home improvement chain also posted better-than-anticipated third-quarter results, a stark contrast from…
Russian influence actors created a fake Georgia voter-fraud video, US intelligence officials say.The video falsely claims that Haitian nationals are illegally voting for Kamala Harris in Georgia.Officials warn more Russian disinformation is coming. Russian influence actors are behind a fake Georgia voter-fraud video that’s been circulating online, US intelligence officials…
By Hannah Lang (Reuters) – The cryptocurrency industry has spent years clashing with Democratic President Joe Biden’s administration over regulatory issues, but executives expect an easier ride from Washington, regardless of who wins the White House next week. Crypto asset managers including Bitwise and Canary Capital are planning new products…
Investing.com — The second-half trading backdrop remains “challenging” for textile retailers, although they could be supported by broader consumer sentiment that appears to be more positive than in prior election years, according to analysts at Morgan Stanley. In a note to clients, the analysts noted that, heading into the final…
The US Navy has outlined a seven-target plan to boost its readiness for war by 2027, with its eye on China as Beijing ramps up its own military strength and the possibility of a Taiwan invasion looms.Adm. Lisa Franchetti, chief of naval operations, released the plan on Wednesday, saying she…
Texas Instruments (NASDAQ:) said in a conference call with analysts on Tuesday that it anticipates a significant increase in free cash flow (FCF) by 2026, driven by a rebound in demand and a more disciplined approach to capital spending, following pressure from activist investor Elliott Investment Management. In recent years,…
By Patrick Wingrove and Trevor Hunnicutt WASHINGTON (Reuters) – The U.S. government will save $6 billion in the first year from new prices the Biden administration has negotiated down by as much as 79% on 10 top-selling prescription drugs for the Medicare health program for older Americans, officials said on…
