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

Earnings

Business|Economy|News

HCA's unchanged annual forecast clouds better-than-expected quarter

HCA Healthcare on Friday beat Wall Street estimates for quarterly profit and revenue but left its annual forecast unchanged, sending shares of the largest for-

HCA's unchanged annual forecast clouds better-than-expected quarter
Business|News

Phillips 66 misses first-quarter profit estimates on weaker margins

Oil refiner Phillips 66 reported a first-quarter earnings miss on Friday, as seasonal maintenance and a renewable fuels conversion project at its Rodeo,

Phillips 66 misses first-quarter profit estimates on weaker margins
Business|Economy|News

S&P 500 Q1 earnings estimated growth improves; stocks up for week

U.S. first-quarter estimated earnings growth is looking stronger at nearly the halfway mark of the reporting period, with corporate results giving a boost

S&P 500 Q1 earnings estimated growth improves; stocks up for week
Business|News|Technology

Computer parts maker Logitech Q4 sales rise; first positive qtr in over 2 years

Logitech International increased its sales during its fourth quarter, the computer peripherals maker said on Tuesday, snapping two-and-a-half years of sales downturns after a

Computer parts maker Logitech Q4 sales rise; first positive qtr in over 2 years
Business|News

Santander sees higher profitability in 2024 as Spanish business outperforms

Spain's biggest international bank Santander signalled higher profitability this year as growth in lending income, particularly in its home market, helped drive first

Santander sees higher profitability in 2024 as Spanish business outperforms
Business|News|Technology

MTU Aero Engines' Q1 profit rises on Eurofighter orders despite turbofan woes

German engine manufacturer MTU Aero Engines reported higher first-quarter earnings on Tuesday, boosted by orders from the joint European Eurofighter jet project while its turbofan

MTU Aero Engines' Q1 profit rises on Eurofighter orders despite turbofan woes
Business|Economy|News

Coca-Cola bets on pricey sodas, international demand to lift annual sales forecast

Coca-Cola raised its annual organic sales forecast on Tuesday after topping first-quarter results as customers in the U.S. and international markets shell out more

Coca-Cola bets on pricey sodas, international demand to lift annual sales forecast
Business|Health

GE HealthCare misses quarterly revenue estimates on weakness in China market

GE HealthCare Technologies missed first-quarter revenue estimates on Tuesday, hurt by lower sales in China market and weaker-than-expected demand for its scanning devices, sending its

GE HealthCare misses quarterly revenue estimates on weakness in China market
Business|Economy|News

Chesapeake Energy misses quarterly profit estimates as natgas prices remain low

Natural gas producer Chesapeake Energy Corp missed Wall Street estimates for first-quarter profit on Tuesday as persistently low natural gas prices weighed down on the company's top-line

Chesapeake Energy misses quarterly profit estimates as natgas prices remain low
Business|Economy|News

Clorox lifts annual profit forecast on pricing benefits

Clorox Co raised its annual profit forecast on Tuesday after beating quarterly earnings expectations, banking on effects of price hikes taken to offset escalating costs.

Clorox lifts annual profit forecast on pricing benefits
Business|Economy|News

Starbucks lowers guidance, promises new drinks and deals after customer traffic fell in weak Q2

Starbucks lowered expectations for its full-year sales and profit after a disastrous quarter that saw a slowdown in store visits across the world

Starbucks lowers guidance, promises new drinks and deals after customer traffic fell in weak Q2
Business|Economy|Technology|World

Bottler Coca-Cola HBC beats revenue estimate on strong demand

Bottler Coca-Cola HBC beat market forecast for first-quarter revenue on Tuesday, and reiterated its operating profit would rise this year, supported by strong demand for its coffee, energy

Bottler Coca-Cola HBC beats revenue estimate on strong demand
Business|News

Carlsberg says Q1 growth driven by premium brands despite flat Chinese beer market

Danish brewer Carlsberg sold more of its premium beer brands and saw price increases in all its main markets during the first quarter,

Carlsberg says Q1 growth driven by premium brands despite flat Chinese beer market
Arts|Entertainment

Philips shares surge on US recall settlement news

By Bart H.

Philips shares surge on US recall settlement news
Business|Economy|News

LyondellBasell beats Q1 profit view, expects seasonal demand boost

Petrochemical manufacturer LyondellBasell said on Friday it expects seasonal demand improvements across most of its units in the current quarter after it beat first-quarter profit

LyondellBasell beats Q1 profit view, expects seasonal demand boost
Business|Economy|News

VW's trucks arm Traton tops forecasts even as markets normalise

Volkswagen's truck making unit Traton beat first-quarter sales and profit forecasts on Friday, helped by a rise in average prices, even as demand

VW's trucks arm Traton tops forecasts even as markets normalise
Business|Economy|News

Defence firm Saab raises sales outlook after Q1 profit jump

Swedish defence equipment maker Saab reported on Friday a 28% rise in first-quarter operating profit and raised its organic sales growth forecast on the back of

Defence firm Saab raises sales outlook after Q1 profit jump
Business|Economy|News

Rampup costs weigh on Q1 but Airbus hikes A350 output goal

Airbus posted weaker-than-expected first-quarter operating profit and cashflow as it hires more staff to prepare for rising demand, but reaffirmed its financial goals for 2024 despite

Rampup costs weigh on Q1 but Airbus hikes A350 output goal
Business|Economy|News

Caterpillar shares slump on sales warning as machinery demand cools

Caterpillar on Thursday warned of a sales drop in the current quarter as volumes take a hit from dealers tightening equipment inventories, sparking worries that a

Caterpillar shares slump on sales warning as machinery demand cools
Business|Economy

Steelmaker Acerinox cautious on second quarter as strike drags on

Spanish steelmaker Acerinox said on Thursday it expects earnings before interest, taxes, depreciation and amortization (EBITDA) to improve only

Steelmaker Acerinox cautious on second quarter as strike drags on
Business|Economy|News

BNP Paribas beats estimates as lower costs offset trading slump

BNP Paribas beat first-quarter profit forecasts on Thursday as lower costs and a robust performance in global banking helped to offset a steep fall in its fixed

BNP Paribas beats estimates as lower costs offset trading slump
Business|Economy|News

Deutsche Bank quarterly profit jumps 10% as investment bank outperforms

Deutsche Bank posted on Thursday a better-than-expected 10% increase in first-quarter profit as a resurgence in fixed-income trading and deal-

Deutsche Bank quarterly profit jumps 10% as investment bank outperforms
Business|Economy|Technology

Morning Bid: Meta plunges, mega mining merger revealed

(Removes extraneous letter in first paragraph) A look at the day ahead in U.S. and global markets from Mike Dolan Megacap Meta revived Big Tech jitters on Wall St overnight as its pumped-up stock

Morning Bid: Meta plunges, mega mining merger revealed
Business|Economy|News

Holcim positive on U.S. demand after Q1 profit beat

Holcim expects strong demand in North America to continue this year, the building materials and cement maker said on Thursday, after beating first-quarter profit

Holcim positive on U.S. demand after Q1 profit beat
Business|Economy|News

New BASF CEO greeted with drop in Q1 earnings

Germany's BASF began the year with a drop in sales and adjusted earnings, giving the chemical maker's new CEO plenty to tackle as he takes the

New BASF CEO greeted with drop in Q1 earnings

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