Today: September 18, 2024
Today: September 18, 2024

Earnings

Americas|Business|Economy

Stellantis ready to axe brands and fix US problems, CEO says

Stellantis is taking steps to fix weak margins and high inventory at its U.S. operations and will not hesitate to axe

Stellantis ready to axe brands and fix US problems, CEO says
Business|Economy|Finance

Bombardier's second-quarter results beat on higher jet deliveries

Bombardier beat analysts' estimates for second-quarter results on Thursday, helped by higher plane deliveries and stronger sales in the Canadian business jet maker's services business.

Bombardier's second-quarter results beat on higher jet deliveries
Business|Economy

Toymaker Hasbro's turnaround efforts buoy quarterly results, shares rise

Hasbro posted a smaller-than-expected drop in second-quarter

Toymaker Hasbro's turnaround efforts buoy quarterly results, shares rise
Asia|Business|Economy|Europe

Dow misses profit estimates on lower demand in Asia, Europe

Dow missed second-quarter profit estimates on Thursday, hurt by lower demand and prices in Asia and Europe.

Dow misses profit estimates on lower demand in Asia, Europe
Business|Economy|Technology

India's Tech Mahindra beats Q1 revenue view, expects "better" FY25

India's Tech Mahindra reported its smallest revenue fall in four quarters on Thursday, helped by its manufacturing and healthcare segments, as the company signalled the return of

India's Tech Mahindra beats Q1 revenue view, expects "better" FY25
Business|Finance

Insurance broker WTW posts higher Q2 profit on robust product demand

Insurance broker WTW posted a 20% rise in its second-quarter profit on Thursday, helped by a strong performance in its risk and brokerage business.

Insurance broker WTW posts higher Q2 profit on robust product demand
Business|Economy|Technology

Northrop Grumman lifts 2024 earnings forecast on weapons demand

U.S. defense company Northrop Grumman raised its forecast for full-year revenue and profit on Thursday, amid increased global defense spending and a strong

Northrop Grumman lifts 2024 earnings forecast on weapons demand
Business|Economy

RTX lifts 2024 profit forecast on strength in aviation sector

U.S. aerospace and defense company RTX raised its full-year earnings forecast and beat estimates for second-quarter profit on Thursday, aided by a rebound

RTX lifts 2024 profit forecast on strength in aviation sector
Business|Economy|Finance

NYCB posts bigger loss than expected on exposure to office real estate

New York Community Bancorp reported second-quarter loss that was worse than Wall Street's expectations on Thursday, as it set aside more money to cover

NYCB posts bigger loss than expected on exposure to office real estate
Business|Economy|Finance

Harley-Davidson's profit beats on strong demand for pricier Touring bikes

Harley-Davidson's second-quarter profit beat Wall Street estimates, helped by strong demand for pricier Touring bikes during the summer riding season, sending the company's

Harley-Davidson's profit beats on strong demand for pricier Touring bikes
Business|Economy|Finance

Power company PG&E beats second-quarter profit estimates on higher rates

Power company PG&E Corp beat second-quarter profit estimates on Thursday, helped by higher service rates.

Power company PG&E beats second-quarter profit estimates on higher rates
Business|Economy|Finance

Valero Energy beats estimates, but second-quarter profit falls on weak margins

Refiner Valero Energy reported lower second-quarter profit on Thursday, but managed to beat earnings estimates as strong processing volumes offset a slump in margins.

Valero Energy beats estimates, but second-quarter profit falls on weak margins
Business|Economy|Finance

Carrier's profit beats estimates on price hikes, demand for cooling systems

Carrier Global surpassed analysts' estimates for second-quarter profit on Thursday, benefiting from price hikes, resilient demand for its heating, ventilating and air conditioning products

Carrier's profit beats estimates on price hikes, demand for cooling systems
Business|Economy

Honeywell trims annual profit forecast on muted industrial automation demand

Honeywell International Inc on Thursday lowered its annual profit forecast, due to lower demand in its industrial automation business, sending shares of the diversified industrial firm

Honeywell trims annual profit forecast on muted industrial automation demand
Business|Economy|Finance|Stock Markets

Ford shares slide as disappointing Q2 adjusted profit rattles investors

Shares of Ford Motor Co. are tumbling Thursday after the automaker’s second-quarter adjusted profit badly missed Wall Street’s expectations as it spent more money fixing customers’ cars and trucks

Ford shares slide as disappointing Q2 adjusted profit rattles investors
Business|Finance|Health

Dexcom shares plunge after it cuts annual revenue forecast

Medical device maker Dexcom cut its annual revenue forecast on Thursday, blaming a restructuring of its sales team, fewer customers, and lower revenue from each customer, sending its

Dexcom shares plunge after it cuts annual revenue forecast
Business|Economy|Europe

German truckmaker Traton posts profit rise on higher prices

German truckmaker Traton, majority-owned by Volkswagen, on Friday posted a 7% rise in first-half operating profit buoyed by higher prices,

German truckmaker Traton posts profit rise on higher prices
Business|Economy|Finance|Technology

Spooked U.S. stock market faces tech earnings minefield, Fed meeting

Rattled investors are bracing for earnings from the market’s biggest tech companies, a Federal Reserve policy meeting and closely watched employment data in a

Spooked U.S. stock market faces tech earnings minefield, Fed meeting
Business|Economy|Health

Indian drugmaker Cipla beats Q1 profit view on strong demand; shares hit record high

Cipla, India's third-largest generics drugmaker by sales, beat first-quarter profit estimates on Friday as it reported higher sales in its North

Indian drugmaker Cipla beats Q1 profit view on strong demand; shares hit record high
Business|Economy|Finance

Insurer Mapfre buoyed by US recovery and fewer natural disasters

Spanish insurer Mapfre said on Friday its first-half net profit jumped thanks to fewer and more benign natural disasters and a turnaround in its car insurance business in the United States

Insurer Mapfre buoyed by US recovery and fewer natural disasters
Economy|Finance|Stock Markets

Global equity funds draw fifth weekly inflow on earnings hopes

Global equity funds witnessed fresh investments in the week through July 24 despite a selloff in leading technology stocks as investors remained optimistic about a still-strong second-

Global equity funds draw fifth weekly inflow on earnings hopes
Business|Finance

Colgate-Palmolive raises 2024 forecasts on strong demand

Toothpaste maker Colgate-Palmolive raised its forecasts for annual profit and organic sales on Friday, after beating second-quarter estimates on resilient demand for its high-priced

Colgate-Palmolive raises 2024 forecasts on strong demand
Economy

Strong earnings will reverse decline in megacap tech stocks: Goldman Sachs

Strong upcoming earnings results could reverse the decline in mega-cap technology and growth stocks, which have been hammered by the rise in Treasury yields and

Strong earnings will reverse decline in megacap tech stocks: Goldman Sachs
Business

Spice maker McCormick lifts profit forecast as higher prices cushion weaker demand

McCormick on Tuesday raised its annual profit forecast as it expects higher prices for its spices and condiments to make up for slowing demand and a sluggish recovery in China The Cholula

Spice maker McCormick lifts profit forecast as higher prices cushion weaker demand
Business

Exxon 3Q profits to climb from last quarter on higher prices

Exxon Mobil said on Wednesday big increases in oil, gas and fuel prices would deliver a third-quarter operating profit between $8.3 billion and $11.4 billion,

Exxon 3Q profits to climb from last quarter on higher prices

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