Stanley Black & Decker on Tuesday morning delivered solid quarterly results — enhanced by strong cash flow performance, allowing management to raise its full-year guidance. The stock continued its recent rally. Revenue fell 3% year over year to $4.024 billion in the second quarter, edging out the $4.016 billion...
Microsoft CEO Satya Nadella speaks during the company's Build developer conference in Seattle on May 21, 2024.Jason Redmond | AFP | Getty ImagesMicrosoft is scheduled to report fiscal fourth-quarter earnings after U.S. market close on Tuesday.Here's what analysts polled by LSEG are looking for:Earnings per share: $2.93Revenue: $64.39 billionMicrosoft...
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 | ReutersJetBlue Airways shares jumped 20% on Tuesday after the airline posted a surprise profit and...
Standard Chartered Plc bank branch in Hong KongBloomberg | Bloomberg | Getty ImagesStandard Chartered (StanChart) on Tuesday announced its largest-ever share buyback worth $1.5 billion and lifted its earnings outlook for this year, betting on strong economic growth in its core Asian markets and plans to rein in costs.The...
Procter & Gamble's Tide detergent can be seen on display at a new Wal-Mart store in Chicago January 24, 2012. John Gress | ReutersProcter & Gamble on Tuesday reported mixed quarterly results, but the company's volume increased for the first time in more than two years.Volume excludes pricing, making the...
Kena Betancur | Corbis News | Getty ImagesPfizer on Thursday reported second-quarter revenue and adjusted earnings that blew past expectations and raised its full-year outlook, benefiting from its broad cost-cutting program, better-than-expected sales of its Covid antiviral pill Paxlovid and strong non-Covid product sales.Pfizer now expects to book adjusted earnings of...
John Morrissey serves pints of Guinness at a traditional Irish pub in Dublin on May 21, 2024, in Dublin, Ireland.Nurphoto | Nurphoto | Getty ImagesShares of spirits giant Diageo tumbled more than 10% on Tuesday morning, after the Johnnie Walker-maker posted its first sales decline since the start of...
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 ImagesBritish 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...
The F5 San Jose Office.Courtesy: F5Cybersecurity and cloud services company F5 forecast fourth-quarter revenue and profit above Wall Street estimates on Monday, expecting resilient spending by businesses and sending its shares more than 13% higher in extended trading.Companies are increasingly digitizing their operations and trying to cash in on...
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 ImagesDETROIT – The last time shares of Ford Motor dropped by more than 18% in a day, as they did last week, the U.S....