(Reuters) - Axon Enterprise raised its full-year core profit and revenue forecast Monday, banking on strong demand for its software products and recently launched TASER 10 policing device.
The company now expects full-year 2024 revenue to be between $1.94 billion and $1.99 billion, compared with its previous forecast of $1.88 billion to $1.94 billion.
Axon is the leading maker of police body cameras in the U.S. and supplies drones to law... (continue reading...)
(Reuters) - Banking and payments processing conglomerate Fidelity National Information Services raised its forecast for annual adjusted profit and posted a 49% jump in its first-quarter profit on Monday, helped by resilient consumer spending.
WHY IT IS IMPORTANT
Payment processors such as FIS collect transaction fees from financial institutions and businesses that are strongly correlated with consumer spending volume.
... (continue reading...)(Reuters) - Realty Income topped Wall Street expectations for quarterly revenue on Monday, as the company benefited from higher occupancy and increased rental revenue from its properties.
The real estate investment trust, which has more than 15,450 properties across the United States and Europe, leases its locations to clients in a variety of industries including retail, restaurants, industrial and gaming.
Realty Income, which has been... (continue reading...)
SEOUL (Reuters) - South Korea's foreign exchange reserves dropped in April by the biggest amount in 19 months as authorities intervened in the currency market to curb weakness in the won currency.
Reserves stood at $413.26 billion at the end of April, down $5.99 billion from $419.25 billion a month earlier, central bank data showed on Tuesday. It was the biggest monthly fall since September 2022.
The Bank of Korea said the fall was due... (continue reading...)
By Alexandra Ulmer
(Reuters) - Former National Enquirer publisher David Pecker, who testified at Donald Trump's criminal trial last month, was targeted in a fake emergency the same day he took the stand in New York, according to police records seen by Reuters.
The previously unreported April 25 "swatting" incident, or filing of a false report to trigger a potentially dangerous response, is one in a wave of violent threats against U.S.... (continue reading...)
More Reuters
View Older Stories-
Air Lease Q1 profit misses estimates on higher interest expenses
-
Coty posts Q3 revenue beat, aims for upper end of 2024 targets on strong demand
-
UPS CFO Brian Newman to step down on June 1, company says
-
Palantir raises 2024 forecast on robust AI demand
-
Goldman Sachs criminal case over 1MDB formally ends
-
Exclusive-Wozniak's space firm, Privateer, buys Orbital Insight, raises $56.5 million
-
Lucid forecasts higher 2024 capital spend, sticks to production forecast; shares down
-
Vertex tops Q1 profit estimates on robust demand for cystic fibrosis treatments
-
US Social Security, Medicare finances get slight boost from stronger economy
-
Conservative US judges boycott Columbia grads over campus Gaza protests
-
Israel to push on with Rafah operation while continuing hostage talks
-
Factbox-What's in the three-phase ceasefire deal Hamas backs, but Israel does not?
-
Brazil's ex-President Bolsonaro to undergo health treatments in Sao Paulo
-
Israel's Rafah operation disrupts medical services, aid groups say
-
US banksĀ report weaker loan demand, Fed survey says
-
Turkey's Erdogan welcomes Hamas accepting ceasefire, hopes Israel will do the same
-
US soldier detained in Russia, US Army says
-
US FAA opens probe into Boeing 787 inspections
-
Reuters wins two Pulitzers, ProPublica takes coveted public service award
-
White House reviews Hamas response to Gaza ceasefire proposal
-
With bright tents and sombre mood, protesting UK students show solidarity with US peers
-
Citadel's Griffin says Fed's first rate cut may come in December
-
People with two copies of a risk gene have genetic form of Alzheimer's, scientists say
-
Indian PM Modi says he does not oppose Islam, Muslims as election campaign heats up
-
US says it is studying Hamas response on Gaza ceasefire, will discuss with allies
-
Hamas agreed to latest Israeli proposal, says official briefed on talks
-
Russia says it takes control of two more settlements in eastern Ukraine
-
Aldi urges suppliers to cut costs and go green amid U.S. expansion
-
US financial regulators restart work on long-delayed compensation rules
-
At Least 107 migrants freed from captivity in southeast Libya, spokesman says
-
Timeline: Boeing's new Starliner set for first crewed flight to space station
-
Fed's Williams says next Fed move likely to be lower rates
-
EU eyes shipping, violations in new sanctions package, according to text
-
Investors pull $9.9 billion from hedge funds in March - Nasdaq eVestment
-
US concerned after Israeli raid of Al Jazeera operation, says State Dept
-
Pentagon sees no change in Russia's strategic nuclear force posture
-
Video streaming services see downloads, active users drop in April, BofA report shows
-
New York state sues group over abortion pill reversal claims
-
German chancellor backs EU plan to use frozen Russian assets to fund Ukraine arms
-
Fed's Barkin: Ending inflation likely to require a hit to demand
-
UAE and New Zealand to launch talks for a free trade deal
-
Brazil officials eye curbs on pension spending, but Lula may resist
-
US financial markets watchdog to collect data on bilateral repo
-
Poland verifying if judge who asked for asylum in Belarus was a spy
-
Exclusive-Disney and Comcast seek advisor to resolve Hulu valuation, sources say
-
Hamas says it accepts ceasefire proposal of Egypt, Qatar
-
Hamas accepts Egypt, Qatar's ceasefire proposal, Al Jazeera reports
-
UN rights chief calls Israeli orders to relocate Palestinians from Rafah inhumane
-
Malawi court drops corruption charges against vice president
-
Panama president-elect Mulino seeking to make his own mark