Siemens beats earnings forecasts, says sales growth to slow in 2024
WEARVALLEYMERCURY

Siemens beats earnings forecasts, says sales growth to slow in 2024

Exterior view of the Siemens Discussion board, a part of the Siemens Headquarters, in Munich, Germany. Getty Pictures Siemens on Thursday posted a ten% rise in income development for its fiscal fourth quarter to a file excessive of 21.4 billion euros ($23.2 billion), beating forecasts, however expects a slowdown in 2024. The German industrial conglomerate … Read more

Beer giant AB InBev beats forecasts but Bud Light continues to drag
WEARVALLEYMERCURY

Beer giant AB InBev beats forecasts but Bud Light continues to drag

Bud Mild, made by Anheuser-Busch. Joe Raedle | Getty Pictures Anheuser-Busch InBev, the world’s largest brewing agency, on Tuesday beat expectations for the third quarter, regardless of an ongoing drag from controversy surrounding its on-line Bud Mild marketing campaign. Income rose 5% over the interval to $15.57 billion, forward of a company-compiled forecast of 4.7%. That … Read more

Hurricane Otis path tracker: Predictions, forecasts and maps
WEARVALLEYMERCURY

Hurricane Otis path tracker: Predictions, forecasts and maps

Otis is about to strike Mexico’s west coast by Acapulco, a metropolis of about 1 million individuals, as a Class 5 hurricane early Wednesday. Hurricane warnings stretch from Punta Maldonado north to Zihuantanejo alongside the southern portion of Mexico’s west coast within the state of Guerrero. The earlier morning, Otis was a tropical storm with … Read more

Jamie Dimon rips central banks for being ‘100% dead wrong’ on economic forecasts
WEARVALLEYMERCURY

Jamie Dimon rips central banks for being ‘100% dead wrong’ on economic forecasts

Jamie Dimon, CEO of JPMorgan Chase talking with CNBC’s Leslie Picker in Bozeman, MT on Aug. 2nd, 2023. CNBC JPMorgan Chase CEO Jamie Dimon on Tuesday warned in regards to the risks of locking in an outlook in regards to the financial system, significantly contemplating the poor current observe report of central banks just like … Read more

Barclays narrowly beats profit forecasts on strong consumer, credit card business
WEARVALLEYMERCURY

Barclays narrowly beats profit forecasts on strong consumer, credit card business

A view of the Canary Wharf monetary district of London. Prisma by Dukas | Common Photographs Group | Getty Photographs LONDON — Barclays on Tuesday reported a internet revenue of £1.27 billion ($1.56 billion) for the third quarter, barely forward of expectations as robust ends in its client and bank card companies compensated for weakening … Read more