Logistics Company ArcBest’s Stock Tumbles Post Q1 Results: Here’s Why
ARCB's Q1 fiscal 2024 results showed a 6.3% decline in revenue and $1.34 adjusted EPS, missing expectations. Operating income decreased 6%.
What’s Going On With Post-It Maker 3M Shares Today?
3M Company reports better-than-expected Q1 2024 results, with net sales of $8.00B, adjusted EPS of $2.39, and operating cash flow of $767M.
Asia And Europe Markets Mixed, Gold Retreats – Global Markets Today While US Slept
On Monday, April 29th, the U.S. stock markets closed higher, led by significant gains in Tesla and Apple. Investors are waiting for…
IAG’s Acquisition Of Air Europa Under Scrutiny For Competition Concerns
The European Union has concerns over IAG's planned acquisition of Air Europa due to potential anti-competitive effects, but IAG can propose solutions to address these concerns.
JinkoSolar’s Q1 Miss Offset By Strong Outlook, Shares Rally As Shipments Surge
JinkoSolar Holding Co shares are trading higher after the Shanghai, China-based company reported first-quarter fiscal 2024 results.
Asia Up, Europe Mixed, While Yen Surges Against Dollar – Global Markets Today While US Slept
US stock markets closed higher, driven by strong earnings and mild inflation data. Asian markets also gained, while eurozone and oil prices dipped.
LyondellBasell Reports Mixed Q1 Performance Amid Global Market Shifts, Hopes On Seasonal Demand Improvements
LyondellBasell reported Q1 fiscal 2024 revenues of $9.9B, down from $10.25B last year but beating expectations. Adjusted EBITDA and EPS were also lower but above consensus.
Chevron’s Strategic Advances In Oil Production Overshadowed By Q1 Revenue Miss
Oil giant Chevron reported Q1 2024 revenues of $48.716B, down 4.1% YoY, beating EPS estimates. U.S. upstream earnings increased, while international upstream and downstream earnings fell. CVX returned $6B to shareholders and declared a quarterly dividend of $1.63 per share.
Crude And Gold Trade Higher; Major Asia Indexes And Europe Rise – Global Markets Today While US Slept
On Thursday, April 25th, the U.S. stock markets closed lower, impacted by surprising data indicating sluggish U.S. economic…
Northrop Grumman Reaffirms 2024 Guidance Post Double-Digit Earnings Growth In Q1: Details
Northrop Grumman Corp reported 9% sales growth in Q1 fiscal 2024, beating consensus. Q1 EPS was $6.32, also exceeding expectations. Backlog is $78.9B.