Articles

Harley-Davidson posts stronger-than-expected profit, but shares cool

Motorcycle icon says total sales fell.

American Airlines’ stock jumps after an upbeat profit outlook and record revenue

American Airlines’ stock climbed Thursday, after the air carrier reported a wider-than-expected loss but provided an upbeat profit outlook for the current quarter, as revenue rose to record levels

Bristol Myers Squibb shares fall amid sluggish sales of some newer drugs

Bristol Myers Squibb shares fell early Thursday after the company reported better-than-expected first-quarter results but said it would cut about 2,200 jobs this year.

Caterpillar’s stock falls as volume declines outweigh profit beat

Caterpillar Inc. shares were dropping premarket after the company came up a bit short on first-quarter revenue as sales volumes declined.

Affordable senior housing faces crisis-level demand and scarce supply: 26,000 applications for 84 units

“It’s one of the worst environments of housing availability.”

IRA rollovers: what to watch out for — and how to avoid the sharks

A new Department of Labor rule, which goes into effect in September, requires that anyone who offers advice about rollovers to be a fiduciary.

Former Reddit CEO Ellen Pao says the tech sector’s DEI push is alive and well

Despite some signs of wavering commitment to corporate diversity, equity and inclusion initiatives, former Reddit CEO Ellen Pao is bullish on DEI in the tech space.

Comcast earnings beat expectations as Peacock losses narrow

Comcast scored a profit beat for the latest quarter, and that seemed to be overshadowing another drop in broadband subscribers.

Royal Caribbean’s stock rallies toward a record on ‘very robust’ cruise demand

There were a lot of records associated with Royal Caribbean’s first-quarter report, including ticket pricing, bookings and the stock, as demand for cruises remained “very robust.”

Microsoft and Apple are safer bets than the U.S. government? Bond investors seem to think so.

Rarely have corporate bond spreads been flat, or negative, to Treasury yields.

Capital One-Discover merger comment period extended by Feds in move seen as routine

A comment period extension for the blockbuster $35 billion acquisition of Discover Financial Services by Capital One Financial Corp. isn’t a signal that the deal will be spiked for being anti-competitive, analysts said.

Southwest Airlines to exit certain airports as loss widens and revenue falls short

Southwest Airlines Co.’s stock tumbled 9% early Thursday, after the airline posted a wider-than-expected first-quarter loss and revenue that lagged estimates.
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