By Kenneth Li NEW YORK (Reuters) -Thomson Reuters on Thursday confirmed 2025 financial guidance amid tariff-induced global economic turmoil that has led some companies to revise or scrap forecasts altogether. The Toronto-based content and technology company reported quarterly revenue rising 1% to $1.9 billion, slightly below analyst expectations of $1.93 billion, according to LSEG data. Organic re ...
By Lisa Pauline Mattackal and Purvi Agarwal (Reuters) - Wall Street’s main indexes advanced on Thursday, led by gains on the tech-heavy Nasdaq, as strong quarterly results from heavyweights Microsoft (NASDAQ:MSFT) and Meta pointed to a resilient outlook for the technology sector. Microsoft surged 8.8%, hitting its highest level since late January, after it forecast stronger-than-expected quarter ...
(Reuters) -Howmet Aerospace on Thursday raised its 2025 profit forecast, despite tariff impacts, as the supplier of castings and fasteners expects to pass on higher costs while continuing to fulfill strong demand from increased jet production. Shares of the company rose over 6% in premarket trading. The U.S. aerospace industry is seeking a tariff exemption to alleviate rising production costs and ...
(Reuters) -Harley-Davidson on Thursday suspended its annual forecasts as the motorbike maker navigates headwinds related to U.S. President Donald Trump’s tariffs. Harley said it would deal with the current economic situation through cost cuts, mitigating risks within its supply chain, tightening operating expenses and reducing dealer inventory. Shares of the company rose about 1% in premarket tr ...