Newsfeeds Archive - Page 22 of 150

1 minute read

AGCO’s Mixed Harvest: Sales Slip And Earnings Miss Mark, Company Eyes Cautious Growth In 2024

February 6, 1:46 PM

AGCO reported 4Q 2023 net sales decline of 2.5%, missing consensus. Regional sales varied, adjusted EPS down, but expects higher and more resilient margins in 2024.

AGCO

2 minute read

Cummins Sails Through Market Turbulence: Posts Revenue Uptick While Bracing For A Challenging 2024

By Akanksha Bakshi

February 6, 1:33 PM

Cummins reported Q4 FY2023 sales of $8.54B, up 10% YoY. Adjusted EPS of $4.14 missed consensus. Segments saw mixed growth. Outlook for 2024 is decline in revenue and EBITDA margin.

CMI

1 minute read

Carrier Global’s Mixed Bag In Q4: Flat Sales, Solid Profits, And Big Moves In Business Strategy

By Akanksha Bakshi

February 6, 12:09 PM

Carrier Global reported $5.10B net sales, $0.53 adj. EPS (+33% Y/Y), $557M adj. operating profit (+8% YoY), and $2.61B net cash for FY23.

CARR

2 minute read

Why Is Chemicals Company DuPont Stock Shooting Higher Today?

By Akanksha Bakshi

February 6, 11:05 AM

DuPont (NYSE: DD) reported decline in sales, adjusted EPS above consensus, increased dividend, and announced new share repurchase program.

2 minute read

Bitcoin, Ethereum, Dogecoin Stand Strong Even As Markets Quake On Rate Anxiety; GM Recalls Over 300,000 Trucks To Fix Tailgate Issue – Top Headlines Today While US Was Sleeping

By Akanksha Bakshi

February 6, 9:33 AM

Crypto Is Craig Wright Actually Satoshi Nakamoto? Bitcoin’s Alleged Creator’s Assertion Deemed A ‘Brazen Lie’ In UK High…

BTC

2 minute read

China’s Big Gain Lifts Asia Markets, Europe Mostly Up, While Gold Trades Above $2,040 – Global Markets Today While US Slept

By Akanksha Bakshi

February 6, 7:53 AM

US stocks close in red as Fed Chair dismisses rate cut rumors. ISM services PMI beats expectations. Asian markets mixed, Chinese stocks surge.

ADIV

1 minute read

Why Is Air Products And Chemicals Stock Sinking Today?

By Akanksha Bakshi

February 5, 12:41 PM

Air Products & Chemicals Inc (NYSE: APD) reported Q1 2024 adjusted EPS of $2.82, down 7% YoY. Sales declined 5.6% YoY to $3 billion. Company lowered guidance.

APD

2 minute read

Why Is Caterpillar Stock Shooting Higher Today?

By Akanksha Bakshi

February 5, 11:21 AM

Caterpillar Inc (CAT) reported 4Q fiscal 2023 earnings with a 3% revenue increase, $5.23 EPS, and strong cash flow. 2024 outlook shows stable sales and improved margins.

CAT