(Reuters) - Shares of Snap slumped 17% premarket on Friday, after a dour forecast from the Snapchat parent reinforced Wall Street's worries that the company would continue to cede business to bigger rivals amid intense competition in the advertising space. The social media firm forecast third-quarter results below market estimates late on Thursday, blaming soft demand from advertisers in consumer...

Aug 2 (Reuters) - Utility PPL beat second-quarter profit estimates on Friday, helped by warmer weather and lower operating expenses. Extreme heat in the quarter prompted consumers to increase their usage of air conditioners and refrigerators during peak summer months, boosting earnings of utilities such as PPL. Earnings from PPL's Kentucky segment rose 50% to 18 cents per share in...

08:32 AM EDT, 08/02/2024 (MT Newswires) -- Brookfield Business Partners ( BBU ) reported a Q2 net loss Friday of $0.10 per limited partnership unit, narrower than a loss of $0.22 per unit a year earlier. Revenue for the quarter ended June 30 was $11.95 billion, down from $13.51 billion a year earlier. A single analyst surveyed by Capital IQ...

Aug 2 (Reuters) - Manchester United ( MANU ) manager Erik ten Hag prefers the contract extension till 2026 he received last month to longer-term deals, the Dutchman told The Guardian newspaper in an interview published on Friday. There had been speculation he would be sacked after United ended eighth last season, their lowest ever finish in the Premier League....