The Philips office building in Warsaw, Poland, on July 29, 2021.Nurphoto | Nurphoto | Getty ImagesShares of Dutch device maker Philips jumped more than 10.5% in early deals Monday after the company reported better-than-expected second-quarter earnings.Shares pared gains slightly to trade up 10.4% by 8:50 a.m. London time.Comparable group...
In this photo illustration, bottles of Heineken beer are displayed on July 31, 2023 in San Anselmo, California. Justin Sullivan | Getty ImagesHeineken shares opened nearly 7% lower on Monday, after the brewing giant's first-half profit growth came in weaker than analysts had expected.The company's stock was trading down 6.9%...
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...
Strap in. The busiest week of the earnings season is upon us. Roughly 160 S & P 500 companies are slated to post their quarterly figures, including Microsoft and Advanced Micro Devices . Apple is also on deck. Those reports come as major tech stocks face pressure from a...
The McDonald's logo is displayed at a McDonald's restaurant in Burbank, California, on July 22, 2024.Mario Tama | Getty ImagesSubway started phasing out its $5 footlong sandwiches a decade ago. But these days, other fast-food chains have revived the $5 price point, hoping to win over customers who have...
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 market cap....
The Bristol Myers Squibb research and development center at Cambridge Crossing in Cambridge, Massachusetts, on Dec. 27, 2023.Adam Glanzman | Bloomberg | Getty ImagesBristol Myers Squibb on Friday reported second-quarter earnings and revenue that topped expectations and raised its full-year guidance as the drugmaker moves to slash costs.The pharmaceutical...
The Hyundai display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBCHyundai Motor reported record quarterly profit and revenue on Thursday on strong sales of high-margin cars and said it would expand hybrid lineups to brace for possible changes in U.S. electric vehicle policies following the election.Its...
The Dexcom logo is seen on a smartphone screen and in the background.Pavlo Gonchar | SOPA Images | Lightrocket | Getty ImagesShares of Dexcom tumbled more than 35% in extended trading Thursday after the diabetes management company reported disappointing revenue for the second quarter and offered weak guidance.Here's how...
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...