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Visa quarterly profit rises on resilient consumer spending

Visa quarterly profit rises on resilient consumer spending

By Pritam Biswas and Rishab Shaju April 28 (Reuters) - Visa reported a higher second-quarter profit on Tuesday as the world's largest payment processor benefited from a steady rise in payment volumes despite ongoing macroeconomic uncertainty, sending its shares up about 4% in extended trading.
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PPG beats quarterly profit, revenue estimates on pricing strength

PPG beats quarterly profit, revenue estimates on pricing strength

April 28 (Reuters) - PPG Industries beat Wall Street estimates for first-quarter profit and revenue on Tuesday, helped by price hikes and strong demand in the aerospace and coatings segments.   
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Hershey tops quarterly estimates as higher prices, salty snacks demand cushion hit from costs

Hershey tops quarterly estimates as higher prices, salty snacks demand cushion hit from costs

April 30 (Reuters) - Hershey on Thursday beat Wall Street expectations for quarterly revenue and profit as higher prices and demand for its chocolates and snacks helped offset rising commodities costs.
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Phillips 66 posts surprise profit on higher refining margins

Phillips 66 posts surprise profit on higher refining margins

April 29 (Reuters) - Phillips 66 posted a surprise first-quarter profit on Wednesday, as higher refining margins helped it offset steep losses tied to volatile commodity prices. U.S.
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Mattel raises annual profit forecast on steady toy demand, entertainment push

Mattel raises annual profit forecast on steady toy demand, entertainment push

April 29 (Reuters) - Mattel raised its annual profit forecast and beat analysts' estimates for quarterly sales on Wednesday, benefiting from resilient demand for toys and growth in its entertainment business.
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General Dynamics beats quarterly estimates on marine, aerospace strength

General Dynamics beats quarterly estimates on marine, aerospace strength

April 29 (Reuters) - General Dynamics on Wednesday beat Wall Street estimates for first-quarter profit and revenue driven by continued strength in its marine and aerospace segments, sending the company's shares up nearly 5% before the bell.
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Verisk beats first-quarter estimates on strong demand for its analytics

Verisk beats first-quarter estimates on strong demand for its analytics

April 29 (Reuters) - Verisk Analytics reported better-than-expected results for the first quarter on Wednesday, driven by strong demand for its data analytics products used by insurers to assess policy risks.
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This year's World Cup games could be sizzling. Here's what's being done to prepare for extreme heat

This year's World Cup games could be sizzling. Here's what's being done to prepare for extreme heat

The 2022 World Cup tournament in Qatar was moved from summer to winter because of the threat of extreme heat
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Mondelez beats first-quarter estimates on resilient demand, pricing strength

Mondelez beats first-quarter estimates on resilient demand, pricing strength

April 28 (Reuters) - Oreo-maker Mondelez International beat Wall Street estimates for first-quarter revenue and profit on Tuesday, helped by higher net pricing and resilient demand for its chocolates and biscuits. Shares of the Chicago-based company were up 2% after the bell. 
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US companies project resilience even as Iran war risks mount

US companies project resilience even as Iran war risks mount

By Arpan Varghese April 28 (Reuters) - Top American companies from GM to Coca-Cola are trying to reassure investors they can weather the financial fallout from the Iran war, even as surging fuel and packaging costs threaten margins.
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AIG Announces CEO Transition as Eric Anderson Takes Over Leadership

AIG Announces CEO Transition as Eric Anderson Takes Over Leadership

AIG Announces CEO Transition as Eric Anderson Takes Over Leadership
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Analysis-Blocking of Meta's AI startup buy raises risk for cross-border China tech deals

Analysis-Blocking of Meta's AI startup buy raises risk for cross-border China tech deals

By Kane Wu, Laurie Chen and Eduardo Baptista BEIJING/HONG KONG/SINGAPORE, April 28 (Reuters) - China's blocking of Meta's acquisition of AI startup Manus will heighten the risk for global investors looking to invest in advanced tech firms with ties to the country amid Beijing's expansion of