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On Thursday, Solvay (EBR:SOLB) raised its annual free cash flow forecast due to higher profitability. With Mexico’s Orbia, it made battery materials in the US.
Written by: Haiden Holmes
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Lenovo Group (OTC:LNVGY) reported its first revenue loss in 10 quarters owing to COVID-19 lockdowns in China, ending a pandemic-fueled computer sales boom.
Written by: Charlie Brooks
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Due to high automobile prices, BMW recorded a quarterly net profit Thursday that was above forecasts, but cautioned that rising inflation and interest rates will hurt sales in the coming months.
Written by: Aria Thomas
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Airbnb Inc.’s shares fell 7% after the closing bell as it forecasted lower holiday quarter revenue due to a strong currency and declining reservations.
Written by: Aria Thomas
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BP (LON:BP) profits boosted European stock markets on Tuesday ahead of the Fed’s two-day policy-setting meeting.
Written by: Aria Thomas
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