AAR (NYSE:AIR) reported quarterly earnings of $0.72 per share which beat the analyst consensus estimate of $0.67 by 7.46 percent. This is a 53.19 percent increase over earnings of $0.47 per share from the same period last year. The company reported quarterly sales of $476.00 million which beat the analyst consensus estimate of $455.50 million by 4.50 percent. This is a 8.78 percent increase over sales of $437.60 million the same period last year.
Bank Of America Layoffs 20 Bankers Amid Stock Market Blues In Asia: Report
Bank of America has reportedly layoffs 20 bankers in Asia, primarily in Hong Kong, as the region's stock markets experience downturns, reflecting broader economic challenges.