Stock Market

Puma raises its full-year sales forecast after a good second quarter.

BERLIN (Reuters) – Puma, a German sportswear company, reported Wednesday that its earnings for the second quarter were better than…

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GSK raises its full-year forecast following the consumer spin-off.

GSK raised its full-year projection on Wednesday, driven by demand for its blockbuster Shingrix vaccination, days after spinning off its…

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Reckitt’s sales forecast goes up because of price increases and baby formula.

London (Reuters) – Reckitt Benckiser, which makes cleaning products like Dettol and Lysol, raised its full-year revenue forecast on Wednesday…

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Rio Tinto cuts dividends as iron ore prices slump.

Rio Tinto announced a 29% decline in first-half profit and more than halved its dividend on Wednesday. The global miner…

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France’s Danone raises its sales forecast after beating expectations in Q2.

Paris (Reuters) -Danone raised its estimate for annual sales growth after its like-for-like sales in the second quarter beat analysts’…

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Lufthansa ground staff are going on strike in Germany over pay.

BERLIN (Reuters) -Deutsche Lufthansa (ETR:LHAG) ground staff went on strike early on Wednesday, which caused more than 1,000 flights to…

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Deutsche Bank made more money in Q2 but warned about the economy.

Frankfurt (Reuters) -Deutsche Bank’s profit for the second quarter rose by 51 percent, which was better than expected. However, the…

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Strong construction demand boosts Holcim’s sales outlook.

Reuters: Holcim (SIX: HOLN) raised its full-year sales forecast on Wednesday after exceeding expectations in the second quarter. The Swiss…

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Google calms down stocks before the Fed meeting.

(Reuters) – SingaporeBetter-than-expected results from Microsoft (NASDAQ:MSFT) and Google helped calm stock markets on Wednesday, but bonds and the dollar…

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Unilever raises its sales forecast after price increases help it beat predictions.

London (Reuters) – Unilever (NYSE:UL) Plc raised its full-year sales forecast after beating underlying sales forecasts for the first half…

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