HOUSTON (Reuters) -Top U.S. liquefied natural gas exporter Cheniere Energy Inc reported second-quarter earnings that topped Wall Street forecasts, and raised its full-year profit outlook. The better-than-expected results, despite lower LNG prices and weaker LNG shipments, sent its share price up 2.8% in mid-day trading to $163.54. Results included a $782 million gain in the…
By Rajesh Kumar Singh CHICAGO (Reuters) -Spirit Airlines on Thursday warned that its September quarter revenue will suffer as it is being forced to ground seven Airbus’ A320neo jets through the end of the year due to a snag with RTX’s Pratt & Whitney Geared Turbofan (GTF) engines. RTX last week said a “rare condition”…
Qualcomm Inc (NASDAQ:QCOM) experienced a significant drop in its share price during early trading on Thursday, following the announcement of weaker guidance. The company’s latest earnings release garnered attention from analysts, with various takeaways worth noting. Susquehanna’s analyst, Christopher Rolland, maintained a Positive rating on the stock while raising the price target from $140 to…
Get Ahead with Today’s Key Insights In the fast-paced world of investments, here are some crucial points to keep in mind today: Earnings Anticipation Investors are eagerly awaiting earnings reports from industry giants like Apple Inc (NASDAQ:AAPL) and Amazon.com, Inc. (NASDAQ:AMZN), with hopes that positive results will boost the overall stock market, particularly in the…
By David Ljunggren OTTAWA (Reuters) – Justin Trudeau’s surprise announcement that he and his wife were separating, just a week after a broad cabinet reshuffle, underscores the Canadian prime minister’s focus and intent to lead his Liberal Party into a fourth election, despite sagging opinion polls, pollsters and insiders said. On Wednesday, Trudeau and his…
By Michelle Nichols and Humeyra Pamuk UNITED NATIONS/WASHINGTON (Reuters) – The United States is yet to receive a response from China for the invitation it has extended to newly reappointed Chinese foreign minister Wang Yi to Washington, U.S. Secretary of State Antony Blinken said on Thursday. Earlier this week, Washington has formally extended the invite…
(Reuters) -X social media platform, formerly known as Twitter, is seeking a financial data giant to build a trading hub inside the app, Semafor reported on Thursday, citing people familiar with the matter and plan requests. The request plans were sent to big providers in recent weeks asking for proposals for financial content, real-time stock data…
BOGOTA (Reuters) – Three offices meant to attend Haitian, Cuban and Venezuelan migrants hoping to reach the United States will open in Colombia, the Andean country’s foreign ministry said on Thursday, the initial phase of a plan to reduce migrant flows through the dangerous Darien Gap. The Safe Mobility scheme was agreed between Colombia, Panama…
MILAN (Reuters) – Sales at Italian luxury goods group Salvatore Ferragamo declined by 7.2% at constant currencies in the first half, hit by double-digit drops in both North America and Asia Pacific, the company said on Thursday. Revenues totalled 600 million euros ($657 million) in the period, broadly in line with an analyst consensus gathered…
By Brendan Pierson (Reuters) – Teva Pharmaceutical Industries Ltd has agreed to pay up to $126 million to U.S. hospitals over 18 years to settle claims that its marketing of opioid drugs raised the hospitals’ operating costs. As part of the proposed settlement, disclosed in Teva’s quarterly earnings statement Wednesday, the Israel-based drugmaker also agreed…
