Newsfeeds Archive - Page 31 of 246

2 minute read

TotalEnergies Trades Mature Assets for Growth In Low-Emission Congolese Oil Field

April 24, 6:54 AM

TotalEnergies SE has signed a deal with Trident Energy for purchase and sale transactions in Congo, increasing its stake in the Moho license and selling its interests in the Nkossa and Nsoko II licenses.

EIPX

1 minute read

RTX Soars Above Estimates in Q1, Reiterates FY24 Outlook

By Lekha Gupta

April 23, 1:49 PM

RTX Corporation (NYSE: RTX) reported 12% increase in Q1 FY24 net sales to $19.3 billion, beating consensus. Collins Aerospace and Pratt & Whitney drove the growth.

RTX

2 minute read

What’s Going On With Freeport-McMoRan Shares Today?

By Lekha Gupta

April 23, 1:35 PM

Freeport-McMoRan reports Q1 FY24 results, beats expectations in revenue and adjusted EPS. Copper and gold sales increase.

COPP

1 minute read

Elon Musk’s Social Media Platform To Launch X TV App

By Lekha Gupta

April 23, 1:30 PM

Elon Musk's X TV App will offer real-time, engaging content on smart TVs and a personalized experience. Hyundai and Pakistan have faced setbacks.

GOOGL

1 minute read

What’s Going On With Food Processing Company Archer-Daniels-Midland Shares Today?

By Lekha Gupta

April 23, 12:31 PM

ADM shares down as CFO Vikram Luthar resigns effective Sept. 30, 2024. Luthar to receive $743K incentive for 2023 and remain as non-executive until then.

ADM

1 minute read

Why Homebuilder PulteGroup Shares Are Higher Today

By Lekha Gupta

April 23, 10:38 AM

PulteGroup (PHM) reported Q1 FY24 results, with revenue at $3.95B, beating expectations. Home sale revenue rose 10% and gross margin increased by 50bps. Net new orders increased 14% and EPS rose 32%.

ITB

1 minute read

UPS Delivers Mixed Bag Of Q1 Results, Maintains Guidance Despite Lower Volumes

By Lekha Gupta

April 23, 8:08 AM

UPS reported Q1 FY24 results with revenue of $21.7B, adjusted EPS of $1.43, and reaffirmed 2024 outlook.

IYT

2 minute read

Double Play in Asia: TotalEnergies Expands Gas Portfolio in Malaysia and Oman

By Lekha Gupta

April 23, 7:07 AM

TotalEnergies to acquire 50% stake in SapuraOMV for $530M, becoming major gas operator in Malaysia. Also partners with Oman LNG for LNG supply and solar project.

EIPX