Author Archives: Syndicated Content
Kyndryl beats second-quarter revenue estimates on consulting strength
(Reuters) - IT services provider Kyndryl narrowly beat estimates for second-quarter revenue on Wednesday as businesses adopting generative AI technology turned to its consulting services. The company,...
Nov 06, 2024
Chipmaker Wolfspeed projects revenue below estimates on weak auto demand, shares sink
(Reuters) - Wolfspeed forecast quarterly revenue below estimates on Wednesday and said it would book $174 million in restructuring charges for the planned closure of a facility, as the chipmaker deals...
Nov 06, 2024
Freshworks raises annual revenue, profit forecasts as AI boosts demand
(Reuters) - Freshworks raised its annual revenue and profit forecasts on Wednesday following upbeat third-quarter results, as clients turn to the company's AI-driven products to manage their IT servic...
Nov 06, 2024
FICO profit beats Street expectations on strong demand
(Reuters) - FICO reported a better-than-expected fourth-quarter profit on Wednesday, thanks to strong demand for its credit-scoring products. Analysts expect an uptick in loan demand as the U.S. Feder...
Nov 06, 2024
Ansys beats profit expectations on strong demand for engineering software
(Reuters) - Ansys beat Wall Street expectations for third-quarter revenue and profit on Wednesday, helped by growing demand for its AI-powered tools and engineering software solutions. Shares of the c...
Nov 06, 2024
Commanders giddy over new CB Marshon Lattimore, but intro might wait
Cornerback Marshon Lattimore spent his first day with the Washington Commanders getting to know the training staff. Lattimore, acquired for three draft picks from the New Orleans Saints on Tuesday, ha...
Nov 06, 2024
Panama to cancel flags on four US-sanctioned LNG vessels
By Elida Moreno and Marianna Parraga PANAMA CITY (Reuters) - Panama's Maritime Authority said on Wednesday it has begun a process to cancel flag registrations on four LNG vessels sanctioned by the Uni...
Nov 06, 2024
UK PM Starmer speaks with Donald Trump to offer "hearty congratulations"
LONDON (Reuters) - British Prime Minister Keir Starmer spoke with U.S. President-elect Donald Trump on Wednesday to congratulate Trump on his election win. "The Prime Minister offered his hearty congr...
Nov 06, 2024
Gilead 3rd-quarter results beat Wall Street estimates, raises outlook
By Deena Beasley (Reuters) -Gilead Sciences reported third-quarter financial results that handily beat Wall Street expectations on Wednesday as sales climbed 7%, leading the drugmaker to raise its out...
Nov 06, 2024
Diagnostics firm Qiagen reports rise in third-quarter revenue
(Reuters) - Qiagen reported a rise in third-quarter revenue on Wednesday, owing to strong sales of its diagnostic devices. The company's third-quarter net sales rose 6% to $502 million at constant exc...
Nov 06, 2024
