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Teledyne lifts annual profit forecast, tops quarterly results estimates

Teledyne lifts annual profit forecast, tops quarterly results estimates

July 22 (Reuters) - Teledyne Technologies on Wednesday raised its 2026 profit forecast as demand remained robust at its digital imaging, instrumentation as well as aerospace and defense segments.

3M boosts annual profit forecast driven by resilient industrial unit

3M boosts annual profit forecast driven by resilient industrial unit

July 21 (Reuters) - 3M lifted its full-year profit forecast on Tuesday on the back of cost-control measures, price hikes and continuing strength in its safety & industrial business, sending shares of the industrial giant up 6% in premarket trading.

Hasbro raises annual forecasts on digital gaming demand, 'Magic' boost

Hasbro raises annual forecasts on digital gaming demand, 'Magic' boost

July 21 (Reuters) - Hasbro raised its annual revenue and profit forecasts on Tuesday, betting on resilient demand for its digital gaming business and continued strength in "Magic: The Gathering" despite an uncertain consumer spending environment.

Genuine Parts cuts full-year profit forecast on inflation, weaker consumer spending

Genuine Parts cuts full-year profit forecast on inflation, weaker consumer spending

July 21(Reuters) - Auto parts distributor Genuine Parts lowered its full-year profit outlook on Tuesday, as rising costs and a tougher consumer environment weighed on its expectations.

Northrop Grumman raises 2026 forecasts on strong weapons demand

Northrop Grumman raises 2026 forecasts on strong weapons demand

By Mike Stone and Aishwarya Jain July 21 (Reuters) - Defense supplier Northrop Grumman on Tuesday lifted its 2026 sales and adjusted profit forecast, supported by sustained demand for weapons amid a wave of global geopolitical conflicts. U.S.

Moody's quarterly profit jumps on bond issuance activity strength

Moody's quarterly profit jumps on bond issuance activity strength

July 22 (Reuters) - Moody's reported a jump in second-quarter profit on Wednesday, as strong bond issuance activity drove growth in its ratings business.

Energy shares push up Europe's STOXX 600; investors watch Middle East, Big Tech results

Energy shares push up Europe's STOXX 600; investors watch Middle East, Big Tech results

By Tharuniyaa Lakshmi and Purvi Agarwal July 22 (Reuters) - European shares inched higher on Wednesday, driven largely by energy stocks, as crude oil hit six-week highs, although investors remained cautious ahead of earnings from U.S. tech firms.

Halliburton tumbles on tepid revenue forecast, Middle East recovery warning

Halliburton tumbles on tepid revenue forecast, Middle East recovery warning

By Vallari Srivastava July 21 (Reuters) - Halliburton shares fell more than 6% on Tuesday after the U.S. oilfield services provider forecast weaker third-quarter revenue and flagged uncertainty about the pace of recovery in the Middle East.

MSCI shares fall as company raises expense forecast

MSCI shares fall as company raises expense forecast

July 21 (Reuters) - MSCI raised its full-year operating expense forecast on Tuesday, citing acquisition-related costs, higher employee incentives and increased investment spending, sending the index provider's shares down more than 7% despite better-than-expected quarterly results.

Alphabet's Gemini delay, spending worries loom over earnings

Alphabet's Gemini delay, spending worries loom over earnings

By Deborah Mary Sophia and Rashika Singh July 21 (Reuters) - Alphabet faces heightened scrutiny from investors as a delay in the launch of a model key to its AI ambitions adds to worries over the payoff from massive data-center spending, months after raising expectations with a blockbuster quarter

Intel results to test if AI-fueled rally has room to run

Intel results to test if AI-fueled rally has room to run

July 22 (Reuters) - Intel's results on Thursday will show whether the American chip icon has the numbers to back a Wall Street rally that has sent its shares nearly three times higher this year, as its turnaround push wins over investors and the AI buildout powers demand.

Domino's misses quarterly sales, profit estimates on weak demand, competition

Domino's misses quarterly sales, profit estimates on weak demand, competition

July 20 (Reuters) - Domino's Pizza missed sales and profit estimates for the second consecutive quarter on Monday, underscoring pressure from weak demand, intensifying competition and macroeconomic uncertainty.