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Earnings Projections

Samsung Electronics Forecasts Weaker Fourth-Quarter Operating Profit

Samsung Electronics expects its fourth-quarter operating profit to fall 35% from a year earlier, missing market expectations and dampening hopes for an earnings recovery led by its semiconductor business.The world’s largest maker of memory chips, smartphones and televisions said in a preliminary earnings forecast Tuesday that its operating profit is expected at 2.800 trillion won ($2.13 billion) for the October-December quarter, compared with KRW4.310 trillion for the same period a year earlier.Copyright ©2024Dow Jones

Twilio Plans to Cut Workforce by 5%

Twilio said Monday that it plans to shed hundreds of jobs as it seeks to streamline its operations and accelerate its path to profitable growth.The communications and customer data company said it plans to eliminate about 5% of its 5,900 employees, which will come at a cost of about $25 million to $35 million in various charges.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Twiliosaid Monday that it plans to shed hundreds of jobs as it seeks to streamline its

P&G Earnings Show Its Pricing Power Endures

Consumers were still paying more for premium brands including Tide, boosting quarterly sales even as volumes dropped. Consumers were still paying more for premium brands including Tide, boosting quarterly sales even as volumes dropped. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to…

Ford Raises Profit Forecast After Strong Results

What to Read Next What to Read Next FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.

Volkswagen Lowers Delivery Targets as Supply-Chain Issues Persist

The German car giant said logistics bottlenecks are shifting from semiconductor shortages to transportation delays. The German car giant said logistics bottlenecks are shifting from semiconductor shortages to transportation delays. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to…

Facebook Parent Meta Expected to Report Sales Growth as Turnaround Continues

The social-media giant has seen a surge after cutting costs and improving ad-targeting. The social-media giant has seen a surge after cutting costs and improving ad-targeting. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do…

Microsoft Earnings Have Been Hurt by Cooling Software Demand, Helped by AI

The company has become a leader in generative AI technology thanks to its cloud infrastructure and relationship with OpenAI. The company has become a leader in generative AI technology thanks to its cloud infrastructure and relationship with OpenAI. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all…

Google Is Expected to Post Accelerating Growth as Online Ads Recover

That result would mark its second straight positive quarter following an extended slowdown coming out of the pandemic. That result would mark its second straight positive quarter following an extended slowdown coming out of the pandemic. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials…

'Forever Chemicals' Settlement Weighs on 3M Earnings

The company raised its earnings expectations for the year despite swinging to a quarterly loss. The company raised its earnings expectations for the year despite swinging to a quarterly loss. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the…

GM Again Lifts Its Profit Outlook, Plans More Cost Cuts

The automaker says buyers are willing to pay for pricier models and features. The automaker says buyers are willing to pay for pricier models and features. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish…