Category: Reports
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Chevron reports Q2 earnings miss on weak refining margins By Reuters
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Written by Sabrina Valli and Merinalika Roy (Reuters) – Chevron Corp on Friday reported second-quarter earnings that missed Wall Street estimates due to industry-wide pressure from lower refining margins and prices, sending its shares down 1.5 percent in premarket trading. The company had earlier warned that oil production would decline…
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US Justice Dept. is investigating Nvidia’s acquisition of AI startup, Politico reports By Reuters
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(Reuters) – The U.S. Justice Department is investigating chip giant Nvidia Corp’s acquisition of artificial intelligence startup Run:ai on antitrust grounds, Politico reported on Thursday, citing five people with direct knowledge of the matter. Nvidia announced its acquisition of the Israeli company in April for about $700 million, according to…
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USDT Issuer Tether Reports Record Profits Of $5.2 Billion, Why This Is Good For Bitcoin
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The largest issuer of stablecoins, TetherThe company recently announced record net profit for the first half of this year. This is undoubtedly a positive thing for the company. Bitcoinconsidering the company’s commitment to pooling the leading cryptocurrency with some of those profits. Tether posts $5.2 billion net profit Tether was…
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Teva reports strong Q2 results, raises 2024 forecast
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Teva Pharmaceutical Industries Co., Ltd. (New York Stock Exchange: Tifa; level: Tifa) reported strong second-quarter 2024 results and revised its outlook upward again. The company reported second-quarter revenue of $4.2 billion, up 7% from the same quarter in 2023. GAAP net loss in the second quarter was $846 million ($0.75…
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Starbucks reports in-line Q3 earnings as sales miss on China weakness; shares up By Investing.com
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Investing.com – Starbucks Corp reported mixed third-quarter results on Tuesday, with earnings matching Wall Street estimates while revenue fell short of expectations due to weak sales in China. Shares of Starbucks Inc. (NASDAQ:) rose more than 2% in premarket trading on Wednesday. Starbucks earned $0.93 on revenue of $9.1 billion.…
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Aon reports solid Q2 growth, details NFP integration By Investing.com
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Aon plc (NYSE:), a leading global professional services firm, reported a robust second quarter in 2024, with total organic revenue growth of 6% and significant contributions from its recent acquisition of NFP. The company is successfully executing its 3×3 plan, focusing on Risk Capital and Human Capital solutions, and is…
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Veralto Corporation reports robust Q2 growth, raises EPS guidance By Investing.com
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Veralto Corporation, in its Second Quarter 2024 Earnings Call, reported a strong financial performance with net sales of $1.29 billion and a 3.8% core sales growth. The company raised its full-year adjusted earnings per share (EPS) guidance, reflecting confidence in its end markets and strong execution. Veralto highlighted its growth…
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Veralto Corporation reports robust Q2 growth, raises EPS guidance By Investing.com
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Veralto Corporation, in its Second Quarter 2024 Earnings Call, reported a strong financial performance with net sales of $1.29 billion and a 3.8% core sales growth. The company raised its full-year adjusted earnings per share (EPS) guidance, reflecting confidence in its end markets and strong execution. Veralto highlighted its growth…
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Indian PM Modi likely to visit Ukraine in August, local media reports By Reuters
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NEW DELHI (Reuters) – Indian Prime Minister Narendra Modi is likely to visit Ukraine next month, a local media report said, his first visit to the country since its war with Russia began and just weeks after he met Russian President Vladimir Putin in Moscow. The Ukrainian embassy in New…
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Iveco Group reports solid Q2 despite challenges By Investing.com
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In its 2024 second-quarter earnings call, Iveco Group showcased consistent improvements in profitability across all business units, with an adjusted EBIT margin for industrial activities reaching 6.9%. Despite facing a temporary setback in net working capital and a slight decrease in financial performance compared to the previous year, the company…
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CORRECTING and REPLACING “ SPS Commerce Reports Second Quarter 2024 Financial Results By Investing.com
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MINNEAPOLIS, July 25, 2024 (GLOBE NEWSWIRE) — In a release issued under the same headline on July 25, 2024 by SPS Commerce , Inc. (NASDAQ: NASDAQ:), please note that the range of Non-GAAP income per diluted share numbers for the Fiscal Year 2024 Guidance have been corrected. The corrected release…
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Newmont reports $4.4 billion in revenue By Investing.com
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Newmont Corporation (NYSE: NEM), one of the world’s leading gold producers, reported robust operational and financial results for the second quarter of 2024. The company’s focus on safety, sustainability, and strategic asset management has paid off with a reported $4.4 billion in revenue and an average realized gold price of…
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Aecon reports second quarter 2024 results
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This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published Jul 24, 2024 • 33 minute…
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Apple likely to release foldable iPhone as early as 2026, the Information reports By Reuters
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(Reuters) – Apple Inc is likely to release a foldable iPhone as early as 2026, the Information reported on Tuesday, potentially marking the biggest hardware design revamp of the company’s most popular product. The Cupertino, California-based company’s plan to launch a foldable iPhone could mimic a similar move by Samsung…
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U.S. FTC probes Hess, Occidental execs over OPEC communication, Bloomberg reports By Reuters
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(Reuters) – The U.S. Federal Trade Commission is investigating executives from major oil companies, including Hess Company U.S. energy companies Occidental Petroleum Corp. (NYSE:O) and Diamondback Energy Inc. (NASDAQ:D) will be investigated over their contacts with OPEC officials, Bloomberg News reported on Friday, citing people familiar with the matter. The…
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SL Green Realty reports Q2 results (NYSE:SLG)
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SL Green Realty Press Release (New York Stock Exchange: SLG): Net operating income for the second quarter $2.05 Funds from operations, or FFO, of $2.05 per share for the second quarter of 2024, including $48.5 million, or $0.69 per share, of gains on the extinguishment of depreciated debt at 280…
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SL Green Realty reports Q2 results (NYSE:SLG)
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SL Green Realty Press Release (New York Stock Exchange: SLG): Net operating income for the second quarter $2.05 Funds from operations, or FFO, of $2.05 per share for the second quarter of 2024, including $48.5 million, or $0.69 per share, of gains on the extinguishment of depreciated debt at 280…
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Japan’s Kanda says officials need to respond if speculators cause excessive FX moves, Kyodo reports By Reuters
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Written by Satoshi Sugiyama TOKYO (Reuters) – Japan’s top currency diplomat Masato Kanda said on Wednesday he would have to respond if speculators caused excessive moves in the currency market and there was no limit to the number of times authorities could intervene, Kyodo News reported. “I have no choice…
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Elon Musk said to commit around $45M per month to pro-Trump Super PAC: reports
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Abu Gomez/Getty Images News Elon Musk, the tech company’s CEO, plans to contribute about $45 million a month to a super PAC that backs President Trump, the Wall Street Journal reported, citing people familiar with the matter. Musk, who leads Tesla (NASDAQ: Tesla), SpaceX (space), xAI and X, are backing…
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Activist Starboard builds over 6.5% stake in Tinder owner Match, WSJ reports By Reuters
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(Reuters) – Activist investor Starboard has a stake of more than 6.5% in Tinder owner Match and is pushing for a potential sale if the turnaround attempts fail, the Wall Street Journal reported on Monday, citing people familiar with the matter. Match shares rose about 9% in extended trading after…