3M Says Business Is Improving, Boosts Earnings Guidance
Updated Oct. 24, 2023 1:05 pm ET3M boosted its earnings forecast after a stronger-than-expected quarter, saying efforts to improve performance...
Earnings Surprises
American Airlines Cuts Profit Outlook as Pilots’ Contract Weighs on Bottom Line
What to Read Next Source link
Uber’s Business Is Finally Making Money After Years of Losses
What to Read Next Source link
Exxon and Chevron Stalk More Shale Deals as Profits Dip
The oil giants together added $14 billion in profits to their cash piles and have signaled they’re not finished shopping...
Boeing Reports $149 Million Loss as Defense Charges Pile Up
The aerospace giant said it is increasing jetliner production as planned while reducing its debt. Source link
Chevron Waives Retirement Age for CEO Mike Wirth
The oil giant reported higher-than-expected profit in the second quarter. Source link
Tyson Foods Stock Plummets After It Slashes Outlook for 2023
ShareListen(1 min) Source link
Moderna’s Earnings, Revenue Fall on Fewer Covid Vaccine Sales
Demand for its Covid-19 vaccine sank from year-earlier highs when the spread of the Omicron variant boosted sales. Source link
AMC Networks Earnings Top Views as Company Slashes Costs
Kristin Dolan, the spouse of interim Executive Chairman James Dolan, is set to take over as CEO of the company...
New York Times Adds 240,000 Digital Subscribers
BusinessCompany expects digital-ad revenue to shrink amid ‘tough market’ Source link
Southwest Airlines Earnings Hit by $220 Million Loss After Holiday Meltdown
BusinessEarningsCustomer cancellations at biggest domestic airline spills into first quarter Source link
Southwest’s December Meltdown to Cause Quarterly Loss
The airline said it lost up to $425 million in revenue after it canceled more than 16,700 flights in the...
Deere’s Profit, Sales Rise as Supply-Chain Delays Recede
The world’s largest seller of farm tractors and crop harvesters said it expects strong demand for farm and construction equipment...
Peloton’s Quarterly Sales Fall Again but Losses Narrow
BusinessEarningsCompany predicts revenue could drop 37% in holiday quarter, with CEO saying turnaround is ahead of schedule Source link
Tech Boom Ends as Companies From Amazon to Meta Adjust to Turbulent Times
A week of earnings by big technology companies has been a rout for investors, as recession fears and the strong...
Snap Stock Slumps Premarket as Sales Growth Shrinks, Advertisers Cut Spending
Snap, SNAP -0.64% in an investor letter Thursday, said it is operating on an assumption of no revenue growth this...
Victoria’s Secret, Gap Suffer as Shoppers Shift From Apparel
The results, following lackluster earnings reports from many department stores and big-box chains, were weaker than investors had expected. Victoria’s...
Foxconn Predicts Better Year Ahead but Flags Slowing Smartphone Demand
Foxconn Technology Group, the world’s biggest iPhone assembler, said demand for smartphones and other consumer electronics is slowing, leading it...
Ford’s U.S. Sales Increase 32% in June, Outpacing Broader Industry
Ford Motor reported a nearly 32% increase in U.S. sales in June, beating out much of the industry as it...
Deere’s Rising Costs Put Pressure on Equipment Profits
Deere & Co. DE -15.08% raised its profit forecast for the year, while rising costs for materials and parts continued...
