Home sales in March were weaker than expected, due to higher mortgage rates and concern over the broader economy.
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Hasbro forecasts as much as $300 million impact if China tariffs don’t come down
Hasbro CEO Chris Cocks said the company will be forced to raise prices and warned of potential job losses as the company tries to absorb […]
Continue readingAmerican Airlines withdraws 2025 forecast on murky economic outlook
American Airlines joined Delta, Southwest and Alaska in pulling its 2025 financial guidance.
Continue readingTide owner Procter & Gamble cuts earnings, revenue outlook as quarterly sales disappoint
Procter & Gamble’s quarterly earnings topped estimates, but its revenue fell short of expectations.
Continue readingComcast beats first-quarter earnings estimates despite losing broadband customers
Comcast lost 199,000 total domestic broadband customers, reflecting the continued pressure on the cable giant’s cornerstone business.
Continue readingMerck lowers profit outlook, partly due to $200 million expected tariff hit
Merck said the expected tariff charge primarily reflects levies between the U.S. and China, but does not account for Trump’s planned pharmaceutical tariffs.
Continue readingPepsiCo cuts earnings forecast as it predicts ‘uncertainty’ in tariffs, consumer spending
PepsiCo cut its forecast for its core constant currency earnings per share, citing new tariffs.
Continue readingBristol Myers Squibb tops quarterly estimates, hikes outlook as drugmaker braces for tariffs
The guidance revisions include the estimated impact of current tariffs on U.S. products shipped to China, but not Trump’s planned pharmaceutical tariffs.
Continue readingAlaska Airlines warns of slower demand as second-quarter profit outlook falls short
Alaska Airlines warned of weaker demand, pressuring airfares.
Continue readingSouthwest to cut flights this year, pulls guidance, citing ‘macroeconomic uncertainty’
Southwest said it plans cut flights in the second half of 2025 and pulled its 2025 and 2026 guidance.
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