Unilever Backs Guidance as Sales Beat Forecasts

Unilever said it continued to expect sales to grow 3% to 5% this year, with a modest improvement in operating margin, as volumes and price dynamics normalize....

STMicroelectronics Cuts Sales Outlook as Demand Slows

STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed....

Sanofi Sales, Profit Beat Forecasts

Sanofi backed its full-year earnings guidance after it reported first-quarter profit ahead of consensus, with sales growth driven by continued strength in anti-inflammatory drug Dupixent and its ne...

Posco Holdings' Net Fell on Sluggish Demand, Higher Costs

Posco said higher raw material prices weighed on earnings amid a slowdown in the industry, though increased steel product prices cushioned the fall in its operating profit....

Barclays Backs Guidance After Profit Beat

Barclays confirmed its 2024 forecasts after it reported better-than-expected profits and income for the first quarter....

Hyundai Motor's Earnings Fell on Sluggish Car Demand

South Korea’s biggest automaker said net profit for the quarter ended March fell 1.3% and warned of intense competition and rising marketing costs....

Nestle Sales Growth Slows Sharply on Consumer Uncertainty

Nestle’s first-quarter organic sales missed forecasts as consumer demand remained weak, particularly in North America, while supply-chain disruptions continued to hold back volumes....

WPP Revenue Hit by Tech Pullback

WPP backed its full-year revenue guidance after its first-quarter results were hurt by weaker spending by technology clients and project delays....

BHP Seeks Mining Megadeal With Anglo American Bid Deal

The mining giant has offered to buy its longtime rival with a market cap of about $35 billion, in a deal that could reshape the global mining industry....

Swedbank Upbeat on Economic Recovery

Swedbank’s earnings fell in the first three months of 2024, with higher interest rates weighing on net interest income, but the bank said an improving economy should boost performance over the year...