Today: September 20, 2024
Today: September 20, 2024

Earnings

Business|Economy|News

General Motors results beat targets, forecast raised, shares jump

General Motors on Tuesday posted quarterly results that topped Wall Street targets and the automaker raised its annual forecast, citing stable pricing and demand for

General Motors results beat targets, forecast raised, shares jump
Business|News|Technology

RTX beats estimates on military demand, aviation strength

Aerospace and defense major RTX on Tuesday beat first-quarter earnings estimates, helped by demand for missile defense systems and strength in the

RTX beats estimates on military demand, aviation strength
Business|Economy|News

Philip Morris results beat estimates on demand for heated tobacco sticks

Philip Morris International on Tuesday surpassed market expectations for first-quarter profit and revenue, helped by robust demand for its heated tobacco product and Zyn nicotine pouches.

Philip Morris results beat estimates on demand for heated tobacco sticks
Business|Economy|News

JetBlue sees no profit this year on excess industry capacity, grounded planes

JetBlue Airways on Tuesday warned it no longer expects to break even on an adjusted operating margin basis this year as bloated industry

JetBlue sees no profit this year on excess industry capacity, grounded planes
Business|Economy|News

Has Wall Street peaked too early?: McGeever

History suggests Wall Street's recent 5% mini-correction won't be its last this year, but stocks face potentially higher earnings and interest rate

Has Wall Street peaked too early?: McGeever
Business|Economy

Mattel's quarterly loss smaller than expected as cost cuts pay off

Mattel posted a smaller-than-expected loss for the first quarter on Tuesday, helped by the Barbie maker's tight leash on costs while demand remains tepid for its toys.

Mattel's quarterly loss smaller than expected as cost cuts pay off
Business|Technology

Toymaker Hasbro's turnaround efforts help first-quarter profit beat

Hasbro reported a smaller-than-expected drop in first-quarter sales and handily beat profit estimates on Wednesday, helped by leaner inventories and steady digital gaming

Toymaker Hasbro's turnaround efforts help first-quarter profit beat
Business|Economy

Thermo Fisher lifts profit forecast as medical equipment demand improves

Thermo Fisher on Wednesday beat Wall Street estimates for quarterly profit and raised its annual profit forecast, betting on improved demand for its products and services used in drug

Thermo Fisher lifts profit forecast as medical equipment demand improves
Business|Economy

Caterpillar, Deere inventories in focus as machinery demand plateaus

Equipment inventories will be in focus when Caterpillar, Deere and CNH Industrial report quarterly results in the coming weeks, as investors await clues on demand in

Caterpillar, Deere inventories in focus as machinery demand plateaus
Business|Food|News

Chipotle lifts annual sales forecast as customer traffic holds up despite uncertainties

Chipotle Mexican Grill raised its full-year sales forecast on Wednesday, on the back of resilient demand for its burritos and rice bowls despite higher menu prices.

Chipotle lifts annual sales forecast as customer traffic holds up despite uncertainties
Business|Technology

Meta more than doubles Q1 profit but revenue guidance pulls shares down after-hours

Facebook and Instagram parent company Meta says its first-quarter profit more than doubled, boosted by higher advertising revenue and a 6% increase on the average price of ads on its platforms

Meta more than doubles Q1 profit but revenue guidance pulls shares down after-hours
Business|Economy

Ford's 1Q net income falls 24% as combustion engine unit sees sales and revenue decline

Ford Motor Co.’s first-quarter net income fell 24% from a year ago as the company’s combustion engine vehicle unit saw revenue and sales decline

Ford's 1Q net income falls 24% as combustion engine unit sees sales and revenue decline
Business|Economy|News

Barclays Q1 profit falls 12% as trading slump hits

Barclays reported a slightly smaller than expected 12% fall in first quarter profit on Thursday, boosting confidence among investors that its

Barclays Q1 profit falls 12% as trading slump hits
Business|Economy|News

Dow sees quarterly sales below estimates over weak consumer durables demand

Chemicals maker Dow forecast second-quarter sales below expectations on Thursday amid weak demand for consumer durables and continuing uncertainty over the health of

Dow sees quarterly sales below estimates over weak consumer durables demand
Business|Economy|News

Labcorp beats quarterly estimates on strong testing demand

Labcorp beat Wall Street expectations for first-quarter profit on Thursday, as growing demand for specialty tests boosted sales at its diagnostics business.

Labcorp beats quarterly estimates on strong testing demand
Business|Economy

Honeywell's first-quarter results beat on aviation strength

Honeywell beat Wall Street estimates for first-quarter results on Thursday as strength in its aviation business offset a slowdown in the company's industrial and building automation units.

Honeywell's first-quarter results beat on aviation strength
Business|Economy|News

First Citizens profit beats estimates as Silicon Valley Bank stabilizes

First Citizens BancShares' first-quarter profit beat expectations as the lender earned higher interest income and started seeing benefits of its

First Citizens profit beats estimates as Silicon Valley Bank stabilizes
Business|Economy|News

Keurig Dr Pepper reports upbeat Q1 on steady demand, price hikes

Beverage maker Keurig Dr Pepper beat Wall Street expectations for first-quarter sales and profit on Thursday, helped by steady demand for its high-priced sodas and tonic water.

Keurig Dr Pepper reports upbeat Q1 on steady demand, price hikes
Business|Economy|News

S&P Global first-quarter profit beats estimates on strong product demand

S&P Global on Thursday beat Street estimates for its first-quarter profit, as hopes of a "soft landing" spurred investors to spend more on data and analytics products With growing

S&P Global first-quarter profit beats estimates on strong product demand
Business|Economy|News|World

Textron to cut 1,500 jobs as program cancellations, weak demand hit results

Textron is expanding its restructuring plan to include about 1,500 job cuts, it said on Thursday, after U.S.

Textron to cut 1,500 jobs as program cancellations, weak demand hit results
Business

Union Pacific's first-quarter profit creeps up 1% as railroad limits expenses

Union Pacific's first-quarter profit crept 1% higher and topped Wall Street expectations as the railroad tightened up on expenses even though it delivered slightly less freight

Union Pacific's first-quarter profit creeps up 1% as railroad limits expenses
Arts|Opinion

Intel forecast misses estimates; shares tumble

By Max A.

Intel forecast misses estimates; shares tumble
Business|Economy|News

Capital One's first-quarter profit jumps on interest income boost

Capital One Financial's first-quarter profit rose 35% as customers paid more on the company's credit-card loans amid higher interest rates.

Capital One's first-quarter profit jumps on interest income boost
Business|Economy|News|Technology

Wall Street shares close up as megacap tech stocks rally

U.S. stocks closed higher on Friday, buoyed by a rally in megacap growth stocks following robust quarterly results from technology heavyweights Alphabet and

Wall Street shares close up as megacap tech stocks rally
Business|Economy

Aon profit misses estimates on weakness in US retail brokerage business

Aon first-quarter profit missed estimates on Friday due to underperformance in its U.S. retail brokerage business, sending its shares down nearly 9%.

Aon profit misses estimates on weakness in US retail brokerage business

Follow