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Southwest forecasts second-quarter profit below estimates as higher fuel costs bite

Southwest forecasts second-quarter profit below estimates as higher fuel costs bite

April 22 (Reuters) - Southwest Airlines on Wednesday forecast second-quarter earnings below Wall Street expectations and declined to update its full-year outlook, as surging fuel costs and economic uncertainty weigh on the industry despite strong demand.

P&G's under-pressure gross margin in focus as Iran war lifts costs

P&G's under-pressure gross margin in focus as Iran war lifts costs

April 23 (Reuters) - Procter & Gamble is set to report a sixth straight quarter of gross margin declines as the consumer goods bellwether battles choppy demand and fresh cost pressures from the war in Iran. The company reports fiscal 2026 third-quarter results on Friday.

TE projects forecasts higher profit but warns of price hikes due to Iran war

TE projects forecasts higher profit but warns of price hikes due to Iran war

By Anshuman Tripathy April 22 (Reuters) - TE Connectivity projected third-quarter profit above Wall Street expectations on Wednesday, but warned it may have to pass higher raw-material costs on to customers if conflict in the Middle East continued to disrupt supply chains.

Mobileye lifts annual revenue forecast as auto industry demand recovers

Mobileye lifts annual revenue forecast as auto industry demand recovers

April 23 (Reuters) - Mobileye Global raised its annual revenue forecast on Thursday, buoyed by robust demand for its advanced driver-assistance systems as automakers placed more orders after working through an inventory glut last year.

Keurig Dr Pepper beats estimates as strong beverage demand offsets coffee weakness

Keurig Dr Pepper beats estimates as strong beverage demand offsets coffee weakness

April 23 (Reuters) - Keurig Dr Pepper topped Wall Street estimates for first-quarter sales and profit on Thursday and stuck to its annual forecasts, riding on resilient demand for its beverages amid a drag from its coffee business.

South32 cuts Australia manganese outlook on cyclone impact, flags Middle East risks

South32 cuts Australia manganese outlook on cyclone impact, flags Middle East risks

April 22 (Reuters) - Diversified miner South32 cut its full‑year forecast on Wednesday for its Australia Manganese unit after wet-season rainfall and Tropical Cyclone Narelle disrupted operations, and warned of rising costs from the Middle East conflict.

GE Vernova lifts annual revenue, profit margin forecasts on data center demand

GE Vernova lifts annual revenue, profit margin forecasts on data center demand

April 22 (Reuters) - GE Vernova on Wednesday raised its annual forecasts for revenue and adjusted core profit margin, helped by strong demand from data centers for its power equipment. Its shares rose 4.2% in premarket trading.

3M beats quarterly profit estimates as cost-control push swells margins

3M beats quarterly profit estimates as cost-control push swells margins

April 21 (Reuters) - Industrial giant 3M posted a rise in first-quarter profit on Tuesday, as cost-control measures helped offset inflationary and tariff-linked pressures in an uncertain economic environment.

US stock futures fall after rally as Mideast tensions flare

US stock futures fall after rally as Mideast tensions flare

April 20 (Reuters) - U.S. stock index futures inched lower on Monday after a record rally on Wall Street last week as dimming prospects of an end to the Iran conflict prompted investors to curb their risk appetite.

Instant View: UnitedHealth's strong first quarter, forecast raise cheer Wall Street

Instant View: UnitedHealth's strong first quarter, forecast raise cheer Wall Street

April 21 (Reuters) - UnitedHealth opened the first-quarter earnings season for insurers with a strong performance, raising its annual profit forecast and surpassing Wall Street expectations for quarterly earnings and revenue.

Goldman Sachs maintains 2026 copper price, surplus forecasts

Goldman Sachs maintains 2026 copper price, surplus forecasts

April 21 (Reuters) - Goldman Sachs on Tuesday maintained its forecast for the copper price to average $12,650 per metric ton this year and its estimate of a 490,000-ton 2026 surplus for the metal.

Governments worldwide shield households from rising energy costs

Governments worldwide shield households from rising energy costs

April 21 (Reuters) - Governments worldwide are trying to shield consumers from soaring energy costs resulting from the U.S.-Israeli war on Iran.