Tag: estimate

Marilyn Monroe dress sells at auction for eight times estimate

A dress worn by Marilyn Monroe has sold for eight times the estimated auction price. The pink Pucci long-sleeved gown of silk jersey, which has a rope and crystal tassel belt, was bought for more than $325,000 (€291,000) at an event hosted by Julien’s Auctions in Los Angeles, California, on Thursday evening. It had been […]

HSBC posts record high profit, misses estimate as China write-off bites

By Selena Li and Lawrence White HONG KONG/LONDON (Reuters) -HSBC Holdings reported a record annual profit, that nonetheless came in below analysts’ forecasts as the income boost from higher interests rates was offset by a hefty $3 billion charge from its stake in a Chinese bank. HSBC, which has market value of $160 billion, reported […]

Snap misses revenue estimate, says it will focus more on user growth

By Sheila Dang Feb 6 (Reuters) – Snap narrowly missed Wall Street estimates for quarterly revenue on Tuesday, as the Snapchat owner continued to struggle to compete against larger rivals for digital advertising revenue. Tech giants like Facebook-owner Meta Platforms and Alphabet command more attention from advertisers due to vast amounts of data to target […]

Novo Nordisk sees double-digit FY growth as Q4 profit beats estimate

COPENHAGEN/LONDON (Reuters) -Novo Nordisk on Wednesday reported fourth-quarter operating profit above expectations and also forecast another year of double-digit record sales and operating profit growth due to its popular weight-loss drug Wegovy. “We are very pleased with the strong performance in 2023 reflecting that more than 40 million people are now benefiting from our innovative […]

City hopes new estimate of homeless population will aid in solutions

Jan. 8—The city of Santa Fe and nonprofits that serve members of the local homeless community have compiled a new tally of the hundreds of people here who lack housing. The estimate of 374 people living on the city’s streets, in shelters and in other precarious situations is what they call the first step toward […]