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May 23, 2022

Outlook

Kohl’s says final sale bids expected in coming weeks; retailer slashes full-year outlook after earnings miss

CNBC
CNBC – For more and to sign up click here Customers leave a Kohl’s store on November 12, 2015 in San Rafael, California. Justin Sullivan | Getty Images News | Getty Images Kohl’s on Thursday said final and fully-financed bids from potential buyers are expected in the coming weeks, as......

Royal Mail’s profit outlook shaky on labour dispute; shares slide

Reuters
Shares hit near one-and-a-half-year low 2021-22 adjusted operating profit misses market expectations Royal Mail says CWU dispute a ‘key uncertainty’ this year May 19 (Reuters) – Britain’s Royal Mail (RMG.L) said on Thursday the pay dispute with its largest labour union is a “key uncertainty” for the group this fiscal......

Cisco shares plunge after China lockdowns, Ukraine crisis hits outlook

Reuters
The Cisco Systems logo is seen as part of a display at the Microsoft Ignite technology conference in Chicago, Illinois, U.S., May 4, 2015. REUTERS/Jim Young Register now for FREE unlimited access to Reuters.com Register May 18 (Reuters) – Cisco Systems Inc (CSCO.O) cut its full-year earnings forecast on Wednesday......

Cincinnati Bengals 2022 Fantasy Outlook: Joe Burrow Leads Offensive Juggernaut

Sports Illustrated
SI – For more and to sign up click here Shawn Childs The Cincinnati Bengals are the new offensive darlings in the NFL, thanks to an electric trio of young players – QB Joe Burrow, WR Ja’Marr Chase and WR Tee Higgins. RB Joe Mixon gives Cincy a fantasy stud at running back, and they have a couple......

Baltimore Ravens 2022 Fantasy Outlook: Rashod Bateman Breakout Incoming

Sports Illustrated
http://www.si.com/.image/c_limit%2Ccs_srgb%2Cfl_progressive%2Ch_1200%2Cq_auto:good%2Cw_1200/MTg5NTQ1ODEwNzc2NTY1MzQ1/baltimore-ravens-rashod-bateman.jpg Shawn Childs The Baltimore Ravens return in 2022 hoping a healthy Lamar Jackson and J.K. Dobbins can get them back to their winning ways. A departing Marquise Brown opens up plenty of opportunities to Rashod Bateman and Devin Duvernay. Offense The foundation of the Ravens’ game plan and attack remains the same. They want to run the ball......

Home Depot raises full-year outlook after earnings beat, record first-quarter sales

CNBC
CNBC – For more and to sign up click here Home Depot on Tuesday raised its full-year outlook after reporting strong quarterly earnings, fueled by the company’s strongest first-quarter sales on record. Shares of the company rose 4% in premarket trading. Here’s what Home Depot reported compared with what Wall......

Affirm lifts revenue outlook, extends Shopify deal; shares surge

Reuters
May 12 (Reuters) – Affirm Holdings Inc (AFRM.O)raised its annual revenue forecast and said it has extended a multi-year partnership with Shopify (SHOP.TO)in the United States, sending shares of the buy now, pay later (BNPL) firm up 23% aftermarket on Thursday. San Francisco-based Affirm’s third-quarter revenue surged 54%, surpassing the......

Column: Bear funds flex muscles on copper as macro outlook darkens: Andy Home

Reuters
LONDON, May 10 (Reuters) – Hedge funds are turning increasingly bearish on the copper market amid mounting evidence that global manufacturing activity is starting to stall. Bears now outnumber bulls on the CME copper contract for the first time since May 2020, when the copper price was just starting to......

Inflation outlook for consumers falls from record high, Fed survey shows

CNBC
CNBC – For more and to sign up click here A worker stocks items inside a grocery store in San Francisco, California, May 2, 2022. David Paul Morris | Bloomberg | Getty Images Consumers grew a little more optimistic about inflation in April, though they still expect to be spending......

New York Jets 2022 Fantasy Outlook: More Weapons for Zach Wilson

Sports Illustrated
SI – For more and to sign up click here Shawn Childs Another year, another last-place finish for the Jets. Gang Green has finished last in the AFC East five of the last six seasons. Zach Wilson was the second overall draft pick in 2021, but the Jets offense has yet to be......

New England Patriots 2022 Fantasy Outlook: Mac Jones Continues to Develop

Sports Illustrated
SI – For more and to sign up click here Shawn Childs After missing the playoffs for the first time in what seemed like forever (it was 12 years), the New England Patriots earned a wild-card spot in 2021 with a 10-7 record. They were blown out by Buffalo in the first......

Starbucks suspends its outlook as Covid lockdowns hammer sales in China

CNBC
CNBC – For more and to sign up click here Starbucks on Tuesday suspended its outlook for fiscal 2022 as Covid lockdowns in China weighed on international sales. Still, strong demand in the U.S. offset sharp declines from China, helping the company’s quarterly revenue top Wall Street’s estimates. Shares rose......

Jurgen Klopp’s contract fortifies Liverpool’s future outlook

Jürgen Klopp had always seemed clear he would leave Liverpool in 2024 when he will be 57, largely it seemed because he felt putting a cap on his reign would help avoid the sort of staleness that contributed to his struggles in his final season at Borussia Dortmund. From that perspective the......

Wind turbine maker Vestas cuts margin outlook as Ukraine war bites

Reuters
Blades for wind-turbines can be seen in the grounds of the Vestas Wind Technology company’s factory, located in the northern Chinese city of Tianjin September 14, 2010. REUTERS/David Gray/Files Register now for FREE unlimited access to Reuters.com Register COPENHAGEN, May 2 (Reuters) – Wind turbine maker Vestas (VWS.CO) slashed its......

Oil eases as China lockdowns weigh on demand outlook

Reuters
Oil barrels are pictured at the site of Canadian group Vermilion Energy in Parentis-en-Born, France, October 13, 2017. REUTERS/Regis Duvignau/ Register now for FREE unlimited access to Reuters.com Register New York Harbor diesel rises on futures squeeze OPEC+ likely to stick to existing deal on May 5 – sources China......

Dollar towers at two-decade high on growth woes, Fed outlook

Reuters
U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register SINGAPORE, April 29 (Reuters) – The dollar held firm at a 20-year high on Friday and was poised to score its best monthly gain in a decade,......

Amazon results and outlook fall short as warehouse, fuel costs soar

Reuters
April 28 (Reuters) – Amazon.com Inc (AMZN.O) delivered a disappointing quarter and outlook on Thursday as the e-commerce giant was swamped by higher costs to run its warehouses and deliver packages to customers. Shares fell 9% in after-hours trade. After a long-running surge in sales during the COVID-19 pandemic, Amazon......

Bunge lifts full-year earnings outlook

FoodBusinessNews
ST. LOUIS — While Bunge’s Agribusiness continues to adapt to dynamic, rapidly changing market conditions, the company’s Refined and Specialty Oils business is benefiting from favorable demand trends as well as supply chain and innovation capabilities, executives with the St. Louis-based company said on April 27. Bunge net income in......

StanChart profit beats estimates, flags strong outlook on rising rates

Reuters
A logo of Standard Chartered is displayed at its main branch in Hong Kong, China, Aug. 1, 2017. REUTERS/Bobby Yip Register now for FREE unlimited access to Reuters.com Register SINGAPORE/LONDON, April 28 (Reuters) – Standard Chartered (STAN.L) posted a forecast-beating 6% rise in first-quarter profit, sending its shares sharply higher,......

Bunge lifts 2022 earnings outlook as Ukraine war crimps crop supplies

Reuters
The sun sets behind grain elevators at the Bunge Grain facility along the Ohio River in Owensboro, Kentucky, U.S., September 16, 2017. REUTERS/Brian Snyder/File Photo Register now for FREE unlimited access to Reuters.com Register April 27 (Reuters) – Global farm commodities merchant Bunge Ltd (BG.N) on Wednesday reported a higher......

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