Energy Drink Stock Sports Intriguing Entry Point
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30Jan
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30Jan
GM to release plug-in hybrid vehicles, backtracking on product plans
General Motors reveals the new 2016 Chevrolet Volt to the media at the 2015 North American International Auto Show on January 12, 2015 in Detroit, Michigan.Getty ImagesDETROIT – General Motors is changing its product lineup strategy to include plug-in hybrid electric vehicles, CEO Mary Barra told investors Tuesday.Barra did...
30Jan
UPS announces 12,000 job cuts; reports drop in package volume
A United Parcel Service truck searches for a house driving along the coast of Cape Cod on July 24, 2023 in Orleans, Massachusetts. Robert Nickelsberg | Getty ImagesUPS fell short of Wall Street revenue estimates Tuesday, reporting drops in shipping volume, both internationally and domestically, in its fourth-quarter earnings report....
30Jan
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30Jan
Pfizer (PFE) Q4 earnings report 2023
Pfizer on Tuesday posted a surprise adjusted fourth-quarter profit, as the company's declining Covid business performed better than expected.The company reversed roughly $3.5 billion in revenue related to the expected return of 6.5 million doses of its Covid drug, Paxlovid, from the U.S. government. That hit is less than the...
30Jan
JetBlue Airways (JBLU) earnings Q4 2023
JetBlue Airways swung to a loss in the fourth quarter and forecast lower capacity this year as it scrambles to return to profitability.The New York-based airline reported a net loss of $104 million for the last three months of 2023, compared with a $24 million profit a year earlier....
30Jan
IMF ups global growth forecast on U.S. resilience, China policy support
Buildings in Pudong's Lujiazui Financial District in Shanghai, China, on Monday, Jan. 29, 2024. Bloomberg | Bloomberg | Getty ImagesThe International Monetary Fund on Tuesday nudged its global growth forecast higher, citing the unexpected strength of the U.S. economy and fiscal support measures in China.It now sees global growth in...
30Jan
UPS, GM, WHR, SPO and more
Check out the companies making headlines before the bell. Spotify — Shares of the music streaming platform added 2% following an upgrade from UBS to buy from neutral. "We think efficiency initiatives remain the focus and have increased conviction on sustainable margin expansion and stronger bottom line trends in...
30Jan
Tom Brady nutrition, apparel brands merging with Nobull
Tom Brady will become the No. 2 shareholder of Nobull.Courtesy: NobullSeven-time Super Bowl Champion Tom Brady is merging his health and nutrition company, TB12, and his apparel company, Brady, with training brand Nobull.As part of the deal, Brady will become the No. 2 shareholder in Nobull, behind BodyArmor founder...
30Jan
Euro zone GDP Q4 2023
Cargo trains stand on the railway tracks at a transshipment station in Frankfurt am Main, western Germany, as in background can be seen the city's skyline, on January 23, 2024.Kirill Kudryavtsev | Afp | Getty ImagesThe euro zone economy stabilized in the fourth quarter of 2023, flash figures published...