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Flu cases on the rise amid holiday travel, gatherings, latest CDC data shows
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Tuesday, October 21
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SRN News
Halliburton beats third quarter profit estimates on steady North America demand
(Reuters) -Halliburton beat Wall Street estimates for third quarter profit on Tuesday, helped by steady demand for its oilfield equipment and services in North America. U.S. crude production will reach a record higher well productivity, the Energy Information Administration (EIA) forecasts, boosting oilfield services and ...
Tuesday, October 21
by
SRN News
Getinge tops profit estimates even as it absorbs chunk of tariff costs
By Marta Frackowiak (Reuters) -Swedish medical equipment maker Getinge beat quarterly earnings expectations on Tuesday, aided by price hikes and cost saving measures meant to combat a hit from U.S. tariffs and negative currency exchange effects. Shares in the company, which made 45% of its third-quarter ...
Tuesday, October 21
by
SRN News
France raises bird flu alert level to ‘high’ after new cases
PARIS (Reuters) -France has raised its bird flu alert level to ‘high’ from ‘moderate’, requiring poultry farms nationwide to keep birds indoors as Europe faces a seasonal resurgence of the disease. Highly pathogenic avian influenza, commonly called bird flu, is a seasonal disease spread by ...
Tuesday, October 21
by
SRN News
US Fed to trim rates twice more this year; 2026 rate path very unclear
By Indradip Ghosh BENGALURU (Reuters) -The Federal Reserve will lower its key interest rate by 25 basis points next week and again in December, according to a Reuters poll of economists who remain deeply divided on where rates will be by the end of next ...
Tuesday, October 21
by
SRN News
RTX raises 2025 forecast as strong demand offsets tariff worries
By Utkarsh Shetti and Mike Stone (Reuters) -RTX raised its full-year profit and revenue forecast on Tuesday, as the aerospace and defense giant signals confidence in its ability to weather the impact of tariffs in the wake of rising demand for its missiles and aftermarket ...
Tuesday, October 21
by
SRN News
Biotech firm Galapagos to wind down cell therapy business
AMSTERDAM (Reuters) -Biotechnology firm Galapagos said on Tuesday it would wind down its cell therapy business after attempts to sell it were unsuccessful, affecting 365 jobs in Europe, China and the U.S. The Amsterdam-listed company said it had received several non-binding offers since it began ...
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Tuesday, October 21
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SRN News
WHO says India has much to do on toxic cough syrup despite some progress
By Jennifer Rigby LONDON (Reuters) -India has more work to do in halting sales of toxic cough syrup, despite some progress, a World Health Organization official told Reuters, after at least 24 children died following consumption of a domestically-made medicine. The children died after ...
Tuesday, October 21
by
SRN News
Coca-Cola tops quarterly revenue estimates on steady soda demand
(Reuters) -Coca-Cola’s revenue and profit exceeded Wall Street’s third-quarter expectations on Tuesday, helped by resilient demand for its trademark sodas and zero-sugar beverages. The company’s shares rose about 1% in premarket trading as it also maintained its annual sales and profit targets. The stock has ...
Tuesday, October 21
by
SRN News
Nasdaq quarterly profit rises as trading volumes surge
(Reuters) -Nasdaq’s profit rose in the third quarter, the exchange operator said on Tuesday, as persistent market volatility from macroeconomic and U.S. policy uncertainty boosted trading volumes. Traders actively shuffled their portfolios to navigate the Trump administration’s uncertain trade policies and growth concerns, boosting volumes ...
Tuesday, October 21
by
SRN News
Elevance beats profit estimates as health insurer keeps costs in check
(Reuters) -Elevance Health on Tuesday beat Wall Street estimates for third-quarter profit as the health insurer managed to keep medical costs in check, sending its shares more than 7% higher in premarket trading. Several insurers, including Elevance, UnitedHealth and Centene, have warned of elevated costs ...
Tuesday, October 21
by
SRN News
European third-quarter corporate outlook worsens slightly
By Javi West Larrañaga and Marleen Kaesebier (Reuters) -The outlook for European corporate health has slightly worsened, the latest earnings forecasts showed on Tuesday. European companies are expected to report an increase of 0.2% in third-quarter earnings, on average, according to LSEG I/B/E/S data, below the ...
Tuesday, October 21
by
SRN News
Philip Morris raises annual profit forecast
(Reuters) -Philip Morris International raised its annual profit forecast for the third time this year on Tuesday, benefiting from strong demand for its portfolio of smoking alternatives. The company expects an adjusted annual profit of $7.46 to $7.56 per share, compared with its prior forecast ...
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