Today: September 19, 2024
Today: September 19, 2024

Earnings

Business

Ford earnings fall short of estimates after it strikes a tentative deal with the United Auto Workers

Ford has reported significant growth in the third quarter, although its financial results fell short of Wall Street estimates

Ford earnings fall short of estimates after it strikes a tentative deal with the United Auto Workers
Business

Chipotle beats results estimates as demand defies high prices

Chipotle Mexican Grill surpassed market expectations for quarterly results on Thursday, as demand for its burritos, rice bowls and special menu promotions defied higher prices and weakness

Chipotle beats results estimates as demand defies high prices
Business

Safran posts Q3 revenues up 26%, reaffirms key targets

France's Safran on Friday posted 26% higher underlying third-quarter revenues and reaffirmed full-year financial targets.

Safran posts Q3 revenues up 26%, reaffirms key targets
Economy

Take Five: Central bank trick or treat

Central bankers will keep investors on alert in the coming days, with the Bank of Japan, the U.S.

Take Five: Central bank trick or treat
Business

Chevron's third-quarter profit slumps, shares fall 6%

Chevron on Friday posted a third-quarter profit that missed Wall Street estimates by a wide margin, sending its shares down 6%.

Chevron's third-quarter profit slumps, shares fall 6%
Business

Exxon posts $9.1 billion net, down from year-ago, up 15% from 2Q

Exxon Mobil Corp on Friday posted a $9.1 billion third-quarter profit, an about 54% drop from record earnings a year ago but up from the prior quarter as oil

Exxon posts $9.1 billion net, down from year-ago, up 15% from 2Q
Business

Amazon rallies on cloud recovery as it chases Microsoft for AI business

Amazon.com rallied nearly 6% on Friday on signs that growth in its main profit driver, the cloud business, was picking up pace after two years of sluggishness due to lower

Amazon rallies on cloud recovery as it chases Microsoft for AI business
Business

T. Rowe beats profit estimates on higher fee-based income

T. Rowe Price Group reported a better-than-expected quarterly profit on Friday, as concerns about the economy somewhat eased from last year, boosting assets under management at the firm.

T. Rowe beats profit estimates on higher fee-based income
Business

Third-quarter US earnings now seen growing 4.3% year-on-year -LSEG data

U.S. third-quarter earnings estimates are looking more optimistic, with overall S&P 500 earnings expected to have increased 4.3% from a year ago, LSEG data showed on Friday.

Third-quarter US earnings now seen growing 4.3% year-on-year -LSEG data
Business

HSBC launches $3 billion buyback, profit disappoints on rising costs

HSBC on Monday reported a fresh $3 billion share buyback and a more than doubling of third-quarter profit that nonetheless missed forecasts

HSBC launches $3 billion buyback, profit disappoints on rising costs
Economy

Wall Street ends sharply higher, powered by earnings momentum; Fed eyed

Wall Street rallied on Monday, kicking off what promises to be a hectic week that includes a heavy earnings docket, economic data and the Federal Reserve's two-day

Wall Street ends sharply higher, powered by earnings momentum; Fed eyed
Business

Air Canada reports profit versus year-ago loss on strong international travel demand

Air Canada reported a quarterly profit compared with a year-ago loss on Monday, as the carrier benefited from strong demand for international travel.

Air Canada reports profit versus year-ago loss on strong international travel demand
Business

China EV maker BYD reports record quarterly profit of $1.42 billion in Q3

China's BYD Co Ltd on Monday posted record third-quarter earnings, its highest ever for any quarter, as the electric vehicle giant preserved its domestic market leadership

China EV maker BYD reports record quarterly profit of $1.42 billion in Q3
Business

Onsemi cuts jobs, sees weak 4th quarter on slowing EV demand

Chipmaker Onsemi forecast a tepid fourth quarter and cut about 900 jobs, sparking fears that weak electric vehicle (EV) demand has begun to hurt orders for

Onsemi cuts jobs, sees weak 4th quarter on slowing EV demand
Business

McDonald's gets sales lift from cheaper menu, new launches

McDonald's beat Wall Street estimates for quarterly results on Monday, powered by new launches, promotions and demand for its more affordable burgers and fries from

McDonald's gets sales lift from cheaper menu, new launches
Economy

From Amazon to McDonald's, strong earnings show U.S. consumer resilience

In a strong quarter for earnings, the big consumer stocks have shone even brighter, thanks to results from McDonald's, Chipotle Mexican

From Amazon to McDonald's, strong earnings show U.S. consumer resilience
Business

Pinterest beats quarterly estimates on ad market recovery; shares up (Oct. 30)

Pinterest beat estimates for third-quarter revenue and profit on Monday, as a stabilizing digital

Pinterest beats quarterly estimates on ad market recovery; shares up (Oct. 30)
Business

Public Storage raises forecast for full-year revenue growth on higher occupancy

Public Storage on Monday raised its full-year outlook for revenue growth and core funds from operation (FFO) per share, on higher move-in volumes and improved occupancy in its self-storage

Public Storage raises forecast for full-year revenue growth on higher occupancy
Business

VF Corp withdraws annual forecasts on slowing demand for higher-priced apparel

VF Corp withdrew its full-year revenue and profit forecasts on Monday, with demand for its higher-priced apparel and footwear easing as customers turn more cost conscious, especially in

VF Corp withdraws annual forecasts on slowing demand for higher-priced apparel
Economy

Wall St closes higher on eve of Fed decision; investors assess earnings

Wall Street's main indexes ended Tuesday's session with gains as investors looked ahead to the Federal Reserve's monetary policy update while they

Wall St closes higher on eve of Fed decision; investors assess earnings
Business

Caterpillar shares fall on equipment demand concerns despite earnings beat

Caterpillar reported a double-digit rise in profit on Tuesday, beating Wall Street estimates on solid construction equipment sales in North America,

Caterpillar shares fall on equipment demand concerns despite earnings beat
Business

Pfizer looks beyond COVID after quarterly loss on Paxlovid charge

Pfizer on Tuesday urged investors to focus on growth in non-COVID products such as the new RSV vaccine Abrysvo as slumping demand for COVID-19 vaccines

Pfizer looks beyond COVID after quarterly loss on Paxlovid charge
Business

Amgen third-quarter sales rise 5%; profit up before charge

Amgen, which earlier this month acquired Horizon Therapeutics for $27.8 billion, on Tuesday said its third-quarter product sales rose 5% as double-digit volume growth was

Amgen third-quarter sales rise 5%; profit up before charge
Business

GE HealthCare beats quarterly profit estimates on imaging device demand

GE HealthCare Technologies Inc on Tuesday beat Wall Street expectations for third-quarter profit as a continued recovery in demand for surgical procedures boosted sales of its medical

GE HealthCare beats quarterly profit estimates on imaging device demand
Business

MSCI posts higher third-quarter profit as subscriptions rise

Global index provider MSCI on Tuesday posted a higher third-quarter profit as product subscriptions benefited from a market recovery led by bets of the U.S.

MSCI posts higher third-quarter profit as subscriptions rise

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