E.l.f. Beauty, the viral cosmetics brand beloved by young consumers, raised its guidance for the third time in a row on Tuesday after it posted 85% sales growth during its holiday quarter.The company saw torrid revenue growth even as it faced tough comparisons. The jump came on the heels...
Ford CEO Jim Farley at the company's Dearborn, Michigan, plant where it's building the electric F-150 Lightning on April 26, 2022.CNBC | Michael WaylandDETROIT — Ford Motor beat Wall Street's top- and bottom-line expectations for the fourth quarter, while forecasting better-than-expected results for 2024.The company's forecast for 2024 includes...
BP in 2020 set out its ambition to become a net zero company "by 2050 or sooner."Matt Cardy | Getty Images News | Getty ImagesShares of BP rose 5% on Tuesday after the oil giant accelerated the pace of its buybacks and increased its dividend, despite a drop in annual profit.The...
Fabrice Coffrini | Afp | Getty ImagesSwiss banking giant UBS on Tuesday narrowly beat fourth-quarter earnings expectations and announced that it would recommence share buybacks worth up to $1 billion in the second half of the year.The group posted a net loss attributable to shareholders of $279 million for...
Nintendo has kept players interested in its ageing Switch console series through key games with characters such as Super Mario and Zelda.Charly Triballeau | AFP | Getty ImagesNintendo said on Tuesday it now expects to sell 15.5 million of its flagship Switch consoles in its current fiscal year, upping...
A sign is displayed outside a Toyota Motor Corp. dealership on January 30, 2024 in Tokyo, Japan.Tomohiro Ohsumi | Getty Images News | Getty ImagesToyota Motor raised its full-year operating profit forecast by nearly 9% on Tuesday, after its third-quarter earnings raced past analysts' estimates thanks to a weaker yen and...
Palantir co-founder and CEO Alex Karp arrives for a U.S. Senate bipartisan Artificial Intelligence Insight Forum at the U.S. Capitol in Washington, D.C., on Sept. 13, 2023.Stefani Reynolds | AFP | Getty ImagesPalantir shares surged more than 15% in after-hours trading after the company reported fourth-quarter earnings that beat...
Pedestrians walk past the American multinational skincare, and beauty products brand, Estée Lauder (Estee Lauder) logo seen in Hong Kong.Budrul Chukrut | Lightrocket | Getty ImagesEstee Lauder will cut about 3% to 5% of its global workforce, the cosmetics giant said on Monday, expanding an effort to shore up...
Delivery Hero CEO Niklas Östberg speaking at the Noah tech conference in Berlin on June 13, 2019.Krisztian Bocsi | Bloomberg via Getty ImagesDelivery Hero published preliminary financial results on Monday, a week earlier than planned, that showed the company grew sales in line with its guidance last year and...
Andrea Orcel, chief executive officer of UniCredit.Bloomberg | Bloomberg | Getty ImagesUniCredit on Monday pledged to match in 2024 the previous year's result despite the negative economic backdrop, as it posted a much higher than expected 2023 profit and said it would return it all to shareholders.Net income in...