Why British Banking Giant Barclays Shares Are Surging Premarket Tuesday
Barclays PLC shares surge after reporting Q4 FY23 results. Total income falls 3%, attributable loss of £0.1B, announces share buyback of £1B, predicts RoTE >10% in 2024.
Southeast Asia Takes Flight: Boeing Wins Orders From Thai Airways & Royal Brunei Airlines
Boeing wins major deals with Southeast Asian airlines. Royal Brunei Airlines today announced the airline's purchase of four 787 Dreamliners to renew its widebody fleet. Thai Airways announced an order for 45 787 Dreamliners as the airline looks to modernize and grow its widebody fleet and international network.
Why Mining Giant BHP Shares Are Sliding Premarket Tuesday
BHP Group reported 6% rise in revenue to $27.2B for the half year ended December 31, 2023. Copper prod. up 7% & iron ore down 2%. Underlying EBITDA grew 5% to $13.9B. Dividend of $0.72 declared.
Why Applied Materials Shares Are Rocketing Today
Applied Materials shares rise after beating Q1 earnings and revenue estimates, with multiple analysts increasing their price targets.
Why Nike Shares Are Sinking Today
Nike downgraded by Oppenheimer analyst, amid the company's plan to cut 1,600 jobs to save costs. The analyst expects top-line trends at the enterprise to remain sluggish and below algo in the next several quarters.
Dividend Spark & Long-Term Glow: PPL Outshines Q4 Estimates
PPL Corp reported strong Q4 revenue growth of $2.03B, driven by $390M operating income increase. Adjusted EPS of $0.40 beat consensus. Dividend increased by 7.3% and company expects 6-8% growth through 2027.
Why Construction Materials Provider Vulcan Shares Are Surging Today
Vulcan Materials reported fourth-quarter FY23 results, with revenue in line with consensus and gross profit increasing in both segments. Adjusted EPS beat expectations and the company expects continued earnings growth and strong cash generation in 2024.
TC Energy Heats Up: Q4 Sizzles, Dividend Boosted
TC Energy Corp beat Q4 estimates with EPS of $0.99 and sales of $3.11B. It raised its dividend and expects growth in 2024.
Gabon Oil Company Goes Big: Preempts $1.3B Assala Sale
Gabon Oil Company exercises preemptive right to buy Assala Energy from The Carlyle Group, supersedes previous deal due to military coup.
What’s Going On Wells Fargo Shares Today?
Wells Fargo stated termination of 2016 consent order for sales misconduct. CEO says progress being made with six orders terminated since 2019.