Check out the companies making headlines in midday trading: JetBlue — The airline soared almost 20% after reporting second-quarter earnings that beat analysts' expectations . The New York City-based carrier posted adjusted earnings of 8 cents per share, excluding one-time items, compared to analysts' estimated loss of 11 cents...
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...
A Spirit commercial airliner prepares to land at San Diego International Airport in San Diego, California, U.S., January 18, 2024. Mike Blake | ReutersFree Wi-Fi? Free checked bag? Free snacks? On Spirit?The Florida-based carrier that is practically synonymous with budget air travel in the U.S. said Tuesday that it plans...
An Airbus A321 flies at the Farnborough International Airshow, in Farnborough, Britain, July 22, 2024.Toby Melville | ReutersFARNBOROUGH, England — Massive airplane orders, hundreds deep in recent years, were absent from this year's biggest air show. The focus instead was on struggles at Boeing and Airbus to ramp up...
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...
Check out the companies making headlines in premarket trading. CrowdStrike — Shares slipped 5% after CNBC reported that stated Delta Airlines has retained legal counsel to pursue damages from both CrowdStrike and Microsoft following after a software update led to mass flight interruptions in July. Woodward — The aerospace...
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...
A box of the drug Victoza, made by Novo Nordisk Pharmaceutical, sits on a counter at a pharmacy in Provo, Utah, January 9, 2020.George Frey | ReutersAn older, once-daily drug for diabetes and obesity from Novo Nordisk called liraglutide may slow the progression of Alzheimer's disease by protecting patients'...
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...