Aaron P | Bauer-Griffin | GC Images | Getty Images Europe’s largest lender HSBC posted a narrow decline in pretax profit in the first half of the year, but beat expectations on the back of a high-interest rate environment. The bank posted pretax profit in the six months to June of $21.56 billion, down from
Earnings
In this article FSLR Follow your favorite stocksCREATE FREE ACCOUNT Chuck Smith monitors the manufacturing process of the series 6 solar panels during a tour of a First Solar plant in Walbridge, Ohio, U.S., October 6, 2021. Picture taken October 6, 2021. Dane Rhys | Reuters First Solar reported second-quarter results Tuesday that beat revenue
In this article JBLU Follow your favorite stocksCREATE FREE ACCOUNT A JetBlue Airways jet comes in for a landing after flights earlier were grounded during an FAA system outage at Laguardia Airport in New York City, New York, U.S., January 11, 2023. Mike Segar | Reuters JetBlue Airways shares jumped 20% on Tuesday after the
A general view of the BP logo and petrol station forecourt sign on January 22, 2024 in Southend, United Kingdom. John Keeble | Getty Images News | Getty Images British oil giant BP on Tuesday reported stronger-than-expected net profit for the second quarter and raised its dividend despite previously warning of significantly lower refining margins. The oil
In this article MCD Follow your favorite stocksCREATE FREE ACCOUNT McDonald’s fast food restaurant in Manhattan, New York, United States of America, on July 6th, 2024. Beata Zawrzel | Nurphoto | Getty Images After a challenging second quarter, McDonald’s executives told restaurant operators and analysts they are refocusing on how to recapture consumers with deals,
In this article F GM STLA Follow your favorite stocksCREATE FREE ACCOUNT New Jeep vehicles sit on a Dodge Chrysler-Jeep Ram dealership’s lot on October 03, 2023 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images DETROIT – The last time shares of Ford Motor dropped by more than 18% in a
When I was a cub reporter in Los Angeles, covering crime for the now-deceased Los Angeles Herald Examiner, we used to joke that we should never let the facts get in the way of a good story. It was a horrendous paper — don’t ask me what I was doing there other than booking a
Tubs of Ben & Jerry’s ice cream in a store freezer in London, UK, on Thursday, April 25, 2024. Unilever Plc said it wanted to shed its ice cream division, which generates around 8 billion ($8.5 billion) in annual sales, in a bid to reverse years of lackluster performance. Bloomberg | Bloomberg | Getty Images
In this photo illustration, cans of Dr Pepper soda are displayed on June 03, 2024 in San Anselmo, California. Justin Sullivan | Getty Images Keurig Dr Pepper reported quarterly earnings and revenue that met analysts’ expectations on Thursday as higher prices fueled its U.S. soda sales. Shares of the company rose 5% in morning trading. Here’s what the
In this article HAS Follow your favorite stocksCREATE FREE ACCOUNT Hasbro board games are seen for sale at a Target store on December 12, 2023 in Austin, Texas. Brandon Bell | Getty Images Toy company Hasbro beat Wall Street expectations for the second-quarter on Thursday, thanks in part to growth in its digital gaming segment.
Dover on Thursday delivered better-than-expected second-quarter earnings and raised its full-year guidance — an all-around strong report that validates our decision to take a stake in the industrial name two months ago. Revenue in the three months ended June 30 totaled $2.18 billion, topping the consensus of $2.15 billion, according to estimates compiled by LSEG.
Kevin Sayer, CEO, Dexcom Scott Mlyn | CNBC Dexcom shares sank more than 40% on Friday and headed for their worst day ever after the diabetes management company reported disappointing revenue for the second quarter and offered weak guidance. The stock fell $45.38 to $62.47 as of early afternoon, wiping out about $18 billion in
In this article BMY Follow your favorite stocksCREATE FREE ACCOUNT The Bristol Myers Squibb research and development center at Cambridge Crossing in Cambridge, Massachusetts, on Dec. 27, 2023. Adam Glanzman | Bloomberg | Getty Images Bristol Myers Squibb on Friday reported second-quarter earnings and revenue that topped expectations and raised its full-year guidance as the
Shares of Honeywell slid Thursday as strong second-quarter results are being overshadowed by a mixed update to management’s outlook for the remainder of the year. But we’re looking through the weakness on a belief that the industrial conglomerate is heading toward a healthy 2025. Revenue for the three months ended June 30 totaled $9.58 billion,
In this article DXCM Follow your favorite stocksCREATE FREE ACCOUNT The Dexcom logo is seen on a smartphone screen and in the background. Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Shares of Dexcom tumbled more than 35% in extended trading Thursday after the diabetes management company reported disappointing revenue for the second
In this article AAL Follow your favorite stocksCREATE FREE ACCOUNT American Airlines shares shed more than 5% in premarket trading Thursday after the carrier slashed its profit forecast for the year after a backfired sales strategy and an industry-wide glut of flights that have forced airlines to discount seats. American said it expects to earn
Ford Motor on Wednesday reported a disappointing second quarter, missing earnings expectations by a wide margin as higher warranty costs ate into profits. We’re downgrading the automaker and sending its stock back to the penalty box in response to the reemergence of these quality problems. Automotive revenue increased 6% year over year, to $47.8 billion,
In this article IBM Follow your favorite stocksCREATE FREE ACCOUNT Arvind Krishna, CEO of IBM, arrives for the Inaugural AI Insight Forum in Russell Building on Capitol Hill, on Wednesday, September 13, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images IBM shares rose 5% in extended trading on Wednesday, after the company reported
Bank of Santander Headquarters Getty Images Banco Santander posted a 20% year-on-year hike in second-quarter net profit underpinned by growth in its retail, wealth and consumer activity, after firm revenues and margin management in Europe and Brazil. The company’s net profit attributable to the parent group came in at 3.207 billion euros ($3.48 million), in
Alphabet on Thursday delivered largely better-than expected earnings results that showed the search and cloud giant is finally on better footing in the fast-growing AI space. Total revenue in the three months ended June 30 rose 13.6% year over year to $84.74 billion, outpacing the $84.19 billion expected, according to estimates compiled by data provider
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