Author: Press Room
© Reuters. Electronic Arts earnings beat by $0.21, revenue topped estimates Investing.com – Electronic Arts (NASDAQ: ) reported second quarter EPS of $1.46, $0.21 better than the analyst estimate of $1.25. Revenue for the quarter came in at $1.91B versus the consensus estimate of $1.77B. Guidance Electronic Arts sees Q3 2024 EPS of $2.70-$3.00 versus the analyst consensus of $2.79. Electronic Arts sees FY 2024 EPS of $6.60-$7.20 versus the analyst consensus of $6.83. Electronic Arts’s stock price closed at $123.78. It is up 0.97% in the last 3 months and down -3.79% in the last 12 months. Electronic Arts…
© Reuters. FILE PHOTO: ‘Cop28 UAE’ logo is displayed on the screen during the opening ceremony of Abu Dhabi Sustainability Week (ADSW) under the theme of ‘United on Climate Action Toward COP28′, in Abu Dhabi, UAE, January 16, 2023. REUTERS/Rula Rouhana/File Photo By Kate Abnett and Valerie Volcovici (Reuters) – The European Union, United States and the United Arab Emirates’ COP28 climate summit hosts are rallying other governments to join a global deal to triple renewable energy this decade at the upcoming summit, documents shared with Reuters showed. The countries are working to recruit others to sign the pledge ahead…
Howmet Aerospace Q3 2023 Earnings Preview
© Reuters The British pound is showing resilience ahead of the Bank of England’s (BoE) Monetary Policy Committee (MPC) November interest rate decision, which is expected to maintain the 5.25% rate, a prediction backed by over 90% of money markets and a majority of surveyed analysts. The BoE’s anticipated “high-for-longer” policy might bolster the pound against the euro’s previous gains, as it favors future tightening. The vote composition of the MPC and economic projections are steering this resilience. Market expectations are pivotal, especially if dovish MPC member Swati Dhingra votes for a rate cut, which could potentially destabilize the pound.…
Donald Trump Jr. is taking the stand to testify in the non-jury civil trial stemming from New York Attorney General Letitia James’ lawsuit against the Trump family and Trump Organization.The former president’s eldest son, who is listed as a defendant in James’ lawsuit, took the stand Wednesday afternoon in a Manhattan courthouse.Eric Trump is expected to testify next in the trial.NEW YORK JUDGE FINES TRUMP $10K FOR VIOLATING PARTIAL GAG ORDER IN CIVIL FRAUD TRIALIvanka Trump was dismissed as a defendant from the case over the summer after a decision by a New York Appeals Court, but she was set…
CVS Health (CVS) reported Q3 results this morning. Specifically, revenues for the period grew 10.6% from the prior year to $89.76 billion and came in $1.48 billion […]
(Photo by DIMITAR DILKOFF/AFP via Getty Images)AFP via Getty Images When there’s bad news in the headlines, scamsters see it as good news. Then they know they can ramp up fraudulent schemes to siphon money from well-meaning donors. The Israel-Gaza war ins no exception. It has triggered fraud merchants to set up fake websites, which also cater to people who want to help during natural disasters. “Following natural disasters,” notes the Cybercrime Support Network (CSN), “instances of charity scams have unfortunately become more common, exploiting generous people’s goodwill and posing a challenge to true relief efforts.” According to the CSN,…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.ArcelorMittal has obtained a €140mn freezing injunction in Singapore against Sanjeev Gupta’s Liberty House Group, as part of efforts to enforce an arbitration award against the British steel magnate’s companies.The world’s second-largest steelmaker has been pursuing two of Gupta’s companies for payment of €140mn in deferred compensation, stemming from ArcelorMittal’s 2019 sale of steel plants in Romania, Czechia and several other European countries to Gupta’s Liberty Steel group.In January, a London arbitration tribunal issued a €140mn award against Singapore-based Liberty House Group…
© Reuters. Federal Reserve Board Chairman Jerome Powell holds a press conference following a closed two-day meeting of the Federal Open Market Committee on interest rate policy at the Federal Reserve in Washington, U.S., November 1, 2023. REUTERS/Kevin Lamarque By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Chair Jerome Powell said Wednesday that the U.S. central bank is not thinking about lowering rates right now. “The question of rate cuts just doesn’t come up” right now, Powell said at his press conference following the latest Federal Open Market Committee gathering. He added: “It’s fair to say the question…
© Reuters. Toy figures of people are seen in front of the displayed Disney + logo, in this illustration taken January 20, 2022. REUTERS/Dado Ruvic/Illustration/File Photo (Reuters) – Walt Disney (NYSE:)’s ESPN sports network could secure an enterprise value of $24 billion and attract investment interest from sports leagues, tech firms like Apple (NASDAQ:) and telecom majors including Verizon (NYSE:), according to BofA Global Research. In a bid to lure an outside investor, the media giant last month disclosed the financials of ESPN that revealed declining sales and profit at the network considered to be the crown jewel of its…