Oil & Gas Player Devon Energy Seeks Enerplus Acquisition: Report
Devon Energy's undisclosed offer to acquire Enerplus Corp could reshape the North American shale landscape. Stay updated on this potential game-changing deal.
Duke Energy Bows To Pressure, Reportedly To Phase Out CATL Batteries At Its Civilian Projects
Duke Energy responds to cybersecurity threats, decommissions CATL batteries amid congressional pressure. Learn how the utility giant plans to enhance grid security. CATL batteries phased out: Duke Energy prioritizes domestic suppliers to bolster energy infrastructure resilience. Explore the strategic shift in the wake of cybersecurity warnings.
S&P 500 Hits 5,000 Milestone, Yet Concerns Of Overvaluation Versus Its Equal-Weight Counterpart Mount
S&P 500 index at 5,000 points; caution signals emerge in comparison to equal-weight index. Magnificent Seven heavyweights contribute 64% of returns.
Goldman Sachs Under Investigation For Futures Trading Fees
Goldman Sachs is the subject of a probe looking into its fee structure for futures trading, following a whistleblower's alert.
Why Is Zimmer Biomet Stock Trading Lower Today?
Zimmer Biomet's Q4 2023 results, featuring 6.3% Y/Y net sales growth, $2.20 adjusted EPS, and a global restructuring plan for $200M cost savings.
Medical Supplies-Focused McKesson Shares Fall On Q3 Earnings Performance, Analyst Says Street ‘Wanted More’
McKesson beats expectations with Q3 2024 sales of $80.9 billion, up 15%. U.S. Pharmaceutical Segment thrives, adjusted EPS at $7.74, exceeding consensus.
S&P 500 Tests Resistance At 5,000, ARM Rockets, Oil Rebounds: What’s Driving Markets Thursday?
Major U.S. stock averages traded on a mixed note at midday in New York, with the S&P 500 grappling with the psychological resistance level of 5,000, while the tech-heavy Nasdaq 100 managed to reach fresh record highs.
Duke Energy Stumbles On Q4 Earnings Miss, Bumps Up Capital Plan
Duke Energy reports Q4 FY23 results with adjusted EPS at $1.51, missing consensus of $1.54, with revenue down to $7.21 billion from $7.49 billion. CEO Lynn Good emphasizes Duke Energy's resilience amid external challenges.
Why Is Consumer Health Firm Kenvue Stock Trading Lower Today?
Kenvue's Q4 2023 sales update: $3.67 billion, down 2.7%. Discover organic growth, net sales, and projections for fiscal year 2024.
Snap-on’s Q4 Earnings Beat Can’t Hide Revenue Miss, Will Growth Stall?
Snap-on posts Q4 FY23 results with a 3.5% sales increase to $1.197 billion, driven by organic gains and favorable currency translation. Despite missing consensus, the company's gross profit rises to $577.6 million, with operating earnings climbing to $325.8 million, surpassing EPS expectations at $4.75. CEO Nick Pinchuk notes positive momentum in critical industries and strategic acquisition benefits. Snap-on outlines FY24 outlook, expecting capital expenditures of $100-110 million.