Newsfeeds Archive - Page 23 of 150

2 minute read

LyondellBasell Reports Mixed Q4 Results, Warns On Headwinds From Slow Demand

February 2, 11:30 AM

LyondellBasell Industries reported lower Q4 revenues of $9.93B. Adjusted EPS was $1.26, below consensus of $1.31. Outlook for 2024 includes continued challenges, low ethane costs, and uncertain China demand. Operating rates will be adjusted to global demand.

LYB

3 minute read

Bitcoin, Ethereum, Dogecoin Hold Strong Amid US Regional Banking Turmoil Fears; Meta Breaks The Mold: Time For Tesla, Amazon And Alphabet To Join The ‘Magnificent Seven’ Dividend Party? – Top Headlines Today While US Was Sleeping

By Akanksha Bakshi

February 2, 10:39 AM

Crypto FTX Mystery Theft Solved? US Charges Trio With $400 Million SIM-Swapping Hack Bitcoin, Ethereum, Dogecoin Hold Strong…

BTC

2 minute read

Asia Market Mixed While Europe Climbs; Crude Oil Dips Below $75, Gold Above $2,070 – Global Markets Today While US Was Sleeping

By Akanksha Bakshi

February 2, 8:16 AM

U.S. stock markets close higher on anticipation of earnings reports and employment data. 10 S&P 500 sectors gain, led by consumer sectors.

AAPL

1 minute read

Stanley Black & Decker Navigates Tough Q4: Sales Dip But Beats EPS Expectations, Eyes Steady 2024

By Akanksha Bakshi

February 1, 2:04 PM

Stanley Black & Decker reported a 4Q FY23 sales decline of 6% to $3.74B, missing consensus. Adjusted EPS of $0.92 beat consensus.

SWK

1 minute read

Dover Surpasses EPS Forecasts Despite Q4 Revenue Slip, Sets Positive Tone For 2024 Growth

By Akanksha Bakshi

February 1, 12:45 PM

Dover reported 4Q 2023 revenue of $2.106 billion, down 1.6% YoY. Adjusted EPS at $2.45, up 13% YoY. Outlook for 2024 is positive.

DOV

2 minute read

Beverage Can Maker Ball Q4 Sales Dip Amid Mass Beer Brand Disruption In US: Details

By Akanksha Bakshi

February 1, 11:35 AM

Ball Corp (NYSE: BALL) reported a Q4 2023 net sales decline of 4.1% Y/Y, with adjusted EPS of $0.78 beating consensus. Sales were down in all segments except South America. The company plans to halt production at a facility in 2024 and use proceeds to reduce debt and increase shareholder value.

BALL

2 minute read

Why Is Honeywell Stock Taking A Hit Today?

By Akanksha Bakshi

February 1, 10:35 AM

Honeywell reported Q4 sales of $9.44B, up 3% Y/Y, missing consensus. Aerospace saw double-digit organic growth, adjusted EPS beat at $2.60.

HON

3 minute read

Bitcoin, Ethereum, Dogecoin Tumble After Fed Leaves Rates Unchanged; Economist David Rosenberg Says Recession Hiding In UPS Earnings: ‘Tough To Buy Into That Q4 Government-Massaged GDP Data – Top Headlines Today While US Was Sleeping

By Akanksha Bakshi

February 1, 9:22 AM

Crypto Elon Musk’s Delaware Setback Opens Door For Srinivasan’s Ethereum, Solana DAO Proposal This New ETF Allows Investment…

BTC

2 minute read

Asia And Europe Markets Dip Following US Fed Decision, Gold Below $2,050 – Global Markets Today While US Was Sleeping

By Akanksha Bakshi

February 1, 8:08 AM

On Jan 31, US stocks closed lower after Fed kept rates unchanged, with Dow down 0.82%, S&P 500 down 1.61%, and Nasdaq down 2.23%.

ADIV

1 minute read

Automotive Technology Supplier Aptiv’s Mixed Bag: Q4 Sales Miss Mark But Profits Rise

By Akanksha Bakshi

January 31, 1:40 PM

Aptiv reported Q4 net sales growth of 6%, adjusted EPS beat consensus. Aptiv expects its commercial momentum to continue to accelerate in 2024, driving further long-term growth and margin expansion.

APTV