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(Reuters) – Safety and enterprise security services provider Motorola Solutions raised its full-year revenue and profit forecasts on Thursday, as clients turn to the firm for its security-focused telecommunication products.  Shares of the company were up over 2.5% in extended trading. Government agencies and businesses’ efforts to strengthen security and communication infrastructure and prevent disruptions to …

Motorola raises full-year forecasts on steady demand Read More »

By Curtis Williams HOUSTON (Reuters) – U.S. liquefied natural gas developers awaiting permits for new export projects this week expressed confidence President-elect Donald Trump will ease the way for their multi-billion-dollar expansion plans. Their confidence is buoyed by Trump’s promise to end an expanded Department of Energy review that has slowed new export permits. President …

US LNG developers see Trump win lifting pall over expansions Read More »

(Reuters) – Analysts surveyed by Argentina’s central banked trimmed their estimates for monthly and yearly inflation in a poll released on Thursday. They now see full-year inflation at 120.0%, down 3.6 percentage points from their prior forecast published last month. Analysts also see month-over-month inflation in October slightly below previously expected, at 3.0%, from the …

Argentina analysts trim monthly, yearly inflation estimates Read More »

(Reuters) – Monster Beverage missed Wall Street estimates for third-quarter sales and profit on Thursday, as cost-conscious consumers cut back spending on its higher-priced beverages. Shares of the company were down about 3% after the bell. Consumers, especially from low to middle-income groups, have been curbing their cravings for branded non-alcoholic drinks and opting for …

Monster Beverage misses quarterly results on weaker demand Read More »

(Reuters) -Lucid beat Wall Street expectations for third-quarter revenue on Thursday and reiterated its annual production forecast as it benefits from strong demand for its luxury electric sedans. Lucid shares rose 8% in trading after the bell. The company reported third-quarter revenue of $200 million, narrowly beating estimates of $198 million, according to data compiled …

Lucid beats revenue estimates, reaffirms annual production Read More »

By Yomna Ehab and Ahmed Tolba CAIRO/DUBAI (Reuters) – Most central banks of the Gulf Cooperation Council (GCC) cut key interest rates on Thursday, following the Federal Reserve’s decision to reduce U.S. rates by a quarter of a percentage point. The Fed cut interest rates by 25 basis points as policymakers took note of a …

Most Gulf central banks follow Fed lead and cut key interest rates Read More »