Newsfeeds Archive - Page 10 of 150

2 minute read

Asia Markets Mixed, Europe Gain While Crude Oil and Gold Fall Below Key Levels – Global Markets Today While US Slept

May 3, 6:37 AM

On Thursday, May 2, the U.S. stock markets closed higher as investors evaluated the Federal Reserve’s dovish rate guidance and…

ADIV

2 minute read

What’s Going On With Parker-Hannifin Shares Today?

By Akanksha Bakshi

May 2, 1:06 PM

Parker-Hannifin reported third-quarter fiscal 2024 sales growth of 0.3%, beating estimates. Orders were flat, but Aerospace Systems saw 15% increase. Adjusted EPS and margins improved. Outlook raised with EPS of $24.65-$24.85 and sales growth of 4%.

2 minute read

Cummins Q1 Revenue Falls Short As International Demand Weakens: Details

By Akanksha Bakshi

May 2, 11:59 AM

Cummins reported a slight sales decline of 0.6% YoY in Q1 2024, missing consensus. Sales in NA were flat, international down 1%. Adjusted EPS of $5.10 missed consensus.

CMI

1 minute read

Southern Company Powering Forward Amid Q1 Revenue Dip: Details

By Akanksha Bakshi

May 2, 10:36 AM

Southern Company reported a 2.6% decline in operating revenue for Q1 2024, with increases in Alabama and Georgia Power offset by decreases in other sectors.

2 minute read

Asia And Europe Markets Mixed; Crude Oil Drops Below $80 – Global Markets Today While US Slept

By Akanksha Bakshi

May 2, 6:49 AM

On May 1st, U.S. stock markets closed mixed after Fed held rates steady and hinted at possible cut. Private employers added 192K jobs in April.

ADIV

2 minute read

Why Is Norwegian Cruise Line Stock Sinking Today?

By Akanksha Bakshi

May 1, 11:11 AM

Norwegian Cruise Line reported first-quarter fiscal 2024 sales growth of 20.3% year-on-year to $2.191 billion on 8% capacity growth, missing the consensus of $2.24 billion. Adjusted EPS improved to $0.16 from $(0.30) a year ago, beating the consensus of $0.11.

NCLH

2 minute read

DuPont De Nemours Reports Mixed First Quarter, Sees Hope On The Horizon

By Akanksha Bakshi

May 1, 9:43 AM

DuPont reported Q1 fiscal 2024 sales decline of 3% to $2.031B, beating consensus. Organic sales fell 6%. Q2 outlook: $3.025B sales, $0.84 EPS. 2024 outlook raised: $3.45-$3.75 EPS, $12.1B-$12.4B revenue.

2 minute read

Major Asia And Europe Markets Closed For Labor Day; Dollar gains, Gold Drops To $2,300 – Global Markets Today While US Slept

By Akanksha Bakshi

May 1, 6:44 AM

US stock markets close lower on economic reports and Fed meeting. Asian markets decline, Europe closed for Labor Day. Commodities and US futures down.

ADIV

2 minute read

Martin Marietta Reports Decline In Q1 Earnings Despite Strong Divestiture Gains

By Akanksha Bakshi

April 30, 2:15 PM

Martin Marietta Materials Inc (MLM) reported Q1 revenue decline of 7.6% Y/Y, EPS of $16.87. Adjusted EBITDA declined 10.2%. Share price down 2.72%.

MLM

2 minute read

Enterprise Products Q1 Bottom-Line Misses By A Whisker: Details

By Akanksha Bakshi

April 30, 1:34 PM

EPD's Q1 2024 sales grew 18.6% YoY to $14.76B, beating consensus. Adjusted EBITDA rose to $2.47B, but EPS missed. Company expects $3.25-3.75B organic growth investment and $550M sustaining capex in 2024.

EPD