Workflow
Reuters
icon
Search documents
Hasbro boosts annual forecasts on digital gaming demand
Reuters· 2025-10-23 10:38
Core Insights - Hasbro raised its annual revenue and core profit forecasts, driven by expectations of strong holiday season sales and increased demand for its digital gaming segment [1] Financial Performance - The company is optimistic about its revenue growth, particularly in the context of the upcoming holiday season [1] - Core profit forecasts have also been adjusted upwards, reflecting confidence in the company's performance despite broader economic uncertainties [1] Market Trends - There is a notable demand for Hasbro's digital gaming segment, which is contributing to the positive outlook for the company's financials [1] - The macroeconomic environment remains uncertain, but Hasbro is positioning itself to capitalize on seasonal sales opportunities [1]
Eli Lilly allows Cipla to sell weight loss drug under new brand in India
Reuters· 2025-10-23 10:37
Core Insights - Eli Lilly has entered into an agreement with Cipla, permitting the Indian pharmaceutical company to market its popular weight-loss medication under a different brand in India [1] Company Summary - Eli Lilly has signed a deal with Cipla, which allows the latter to sell Eli Lilly's weight-loss drug in India [1] - The agreement highlights Eli Lilly's strategy to expand its market presence through partnerships with local companies [1] Industry Summary - The collaboration between Eli Lilly and Cipla reflects the growing trend of international pharmaceutical companies partnering with local firms to enhance distribution and accessibility of medications in emerging markets like India [1]
Valero Energy posts rise in third-quarter profit
Reuters· 2025-10-23 10:36
Core Insights - U.S. refiner Valero Energy reported an increase in third-quarter profit, attributed to a rebound in refining margins [1] Company Summary - Valero Energy experienced a rise in profit during the third quarter, indicating a positive trend in its financial performance [1] - The improvement in refining margins played a significant role in boosting the company's profitability [1] Industry Summary - The refining sector is witnessing a recovery, as evidenced by the rebound in refining margins, which is beneficial for companies like Valero Energy [1]
Molina shares sink as health insurer cuts profit forecast for third time this year
Reuters· 2025-10-23 10:26
Molina Healthcare shares fell about 20% in premarket trading on Thursday, a day after the insurer cut its annual profit forecast for the third time this year, driven by higher medical costs across its... ...
VW to produce as planned at Wolfsburg HQ next week, but uncertainty thereafter, source says
Reuters· 2025-10-23 10:24
Production at Volkswagen's main plant will proceed as planned next work week despite the risk of microchip shortages from a China-Netherlands stand-off over car industry contractor Nexperia, a person ... ...
MercadoLibre to sell products of Brazil rival Casas Bahia under new partnership
Reuters· 2025-10-23 10:24
E-commerce firm MercadoLibre will start to sell Brazilian retailer Casas Bahia's products on its platform in November under a new long-term commercial partnership, the companies said on Thursday. ...
SAP shares turn negative on new cloud business outlook
Reuters· 2025-10-23 10:17
Core Viewpoint - SAP's shares experienced volatility in early trading following the company's forecast for full-year cloud revenue, which is projected to be at the lower end of its outlook range [1] Company Summary - SAP is identified as Europe's largest software maker [1] - The forecast for cloud revenue indicates potential challenges in meeting market expectations [1]
David Ellison's Paramount seen as front-runner for Warner Bros Discovery deal
Reuters· 2025-10-23 10:11
Core Insights - David Ellison's Paramount Skydance is identified as the leading candidate to acquire Warner Bros Discovery, with analysts highlighting the advantages of Ellison's financial resources and connections in Washington [1] Group 1 - Analysts and experts believe that Ellison's access to substantial financial backing positions him favorably in the acquisition process [1] - The potential acquisition is seen as a strategic move within the media and entertainment industry, reflecting ongoing consolidation trends [1] - Ellison's ties to Washington are noted as a significant factor that could influence the acquisition's success [1]
From First Brands to Ambipar: latest flashpoints in credit markets
Reuters· 2025-10-23 10:06
Core Insights - Recent credit issues have heightened investor focus on the global credit market, which is valued in the trillions of dollars, indicating significant underlying risks within the sector [1] Group 1: Market Overview - The global credit market is experiencing a wave of credit issues that have attracted attention from investors [1] - Risks are not limited to a specific segment but span across several high-profile financial firms, including major Wall Street banks and regional lenders [1]
Honeywell lifts 2025 profit outlook despite Solstice spinoff on strong demand
Reuters· 2025-10-23 10:04
Honeywell on Thursday raised its 2025 profit forecast despite the impact of a planned separation of its advanced materials unit, signaling robust growth prospects fueled by strong aerospace demand. ...