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Contract drugmaker Catalent shows signs of recovery in Q1 results beat
(Reuters) -Catalent on Wednesday posted a smaller-than-expected loss in the first quarter as the contract drug manufacturer showed signs of improvement across its struggling pharmaceutical and biologics businesses. Shares of the company rose nearly 6% in premarket trade as its quarterly revenue also beat Wall Street estimates, providing early signs of recovery on the back […]
Huawei and Xiaomi drive China’s smartphone market recovery with new launches
BEIJING – China’s smartphone industry is witnessing a significant rebound, with major domestic brands like Huawei and Xiaomi (OTC:XIACF) reporting robust sales growth. This resurgence comes after an eight-month period of sluggish performance, marking a turning point for the sector. In early October, Huawei Technologies, headquartered in Shenzhen, catalyzed a revival in the market with […]
Contract drugmaker Catalent shows signs of recovery in Q1 results beat
(Reuters) -Catalent on Wednesday posted a smaller-than-expected loss in the first quarter as the contract drug manufacturer showed signs of improvement across its struggling pharmaceutical and biologics businesses. Shares of the company rose nearly 6% in premarket trade as its quarterly revenue also beat Wall Street estimates, providing early signs of recovery on the back […]
Tencent Q3 profit falls but beats estimates as revenue climbs
SHENZHEN – Chinese technology giant Tencent Holdings (OTC:TCEHY) Ltd. (HKG:0700) reported a 9.4% decline in its third-quarter net profit, although the figure still surpassed analysts’ expectations. The company’s net profit for the quarter was CNY36.18 billion ($4.99 billion), exceeding the consensus forecast from the Visible Alpha poll. Tencent’s revenue for the quarter saw a 10% […]
Tencent Q3 profit falls but beats estimates as revenue climbs
SHENZHEN – Chinese technology giant Tencent Holdings (OTC:TCEHY) Ltd. (HKG:0700) reported a 9.4% decline in its third-quarter net profit, although the figure still surpassed analysts’ expectations. The company’s net profit for the quarter was CNY36.18 billion ($4.99 billion), exceeding the consensus forecast from the Visible Alpha poll. Tencent’s revenue for the quarter saw a 10% […]
Thailand’s SET Index rises led by technology sector
BANGKOK – In a notable upswing within the technology sector, Thailand’s SET Index experienced a significant rise Today, marking a 1.9% increase to reach 1,412.71. Leading the charge was Jasmine Tech Soln (SET:JTS), which saw its shares soar by 10.7%. Other notable gains were observed in health care/life sciences firm Master Style (SET:MASTER) and Hana […]
Thailand’s SET Index rises led by technology sector
BANGKOK – In a notable upswing within the technology sector, Thailand’s SET Index experienced a significant rise Today, marking a 1.9% increase to reach 1,412.71. Leading the charge was Jasmine Tech Soln (SET:JTS), which saw its shares soar by 10.7%. Other notable gains were observed in health care/life sciences firm Master Style (SET:MASTER) and Hana […]
Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.53%
Investing.com – Saudi Arabia stocks were higher after the close on Wednesday, as gains in the Cement, Telecoms & IT and Financial Services sectors led shares higher. At the close in Saudi Arabia, the Tadawul All Share rose 1.53% to hit a new 1-month high. The best performers of the session on the Tadawul All […]
Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.53%
Investing.com – Saudi Arabia stocks were higher after the close on Wednesday, as gains in the Cement, Telecoms & IT and Financial Services sectors led shares higher. At the close in Saudi Arabia, the Tadawul All Share rose 1.53% to hit a new 1-month high. The best performers of the session on the Tadawul All […]
Target beats Q3 estimates with disciplined cost management
MINNEAPOLIS – Target Corporation (NYSE:TGT) has reported a stronger-than-anticipated third-quarter performance, with key financial metrics surpassing consensus estimates. Despite a 4.9% decline in comparable sales, which was more favorable than the anticipated 5.2% drop, the company’s revenue reached $25.4 billion, down by 4.2% year-over-year but still ahead of the $25.2 billion consensus. The retail giant […]
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