Articles

Tyson Foods’ stock soars 5% after profit beat offsets fifth straight sales miss

The parent of food brands Tyson, Hillshire Farm, Jimmy Dean and Ball Park beat profit estimates for its fiscal first quarter, overshadowing a fifth straight sales miss.

Estée Lauder stock soars toward best day in 13 years after earnings, job cuts

Estée Lauder’s stock soared Monday, after the beauty-products company reported fiscal second-quarter profit that beat expectations by a wide margin, and said it would cut up to 5% of its workforce.

McDonald’s misses revenue target as it cites impact from Middle East war

Fast-food giant sees ‘macro challenges’ continuing in 2024.

Caterpillar’s stock surges toward a record after another big profit beat

Sales rose above forecasts due to higher pricing, strength in the energy and transportation business.

Elanco’s stock heads for 18-month high as company sells aqua business to Merck for $1.3 billion in cash

The deal “allows us to prioritize our investments in larger markets with greater earnings potential over the medium and long term, while creating balance sheet flexibility.”

Do what this deal-making CEO does and find ‘AI-proof’ industries for your money

Healthcare, retail, manufacturing and building products are industries AI likely won’t dominate.

Novo Nordisk, struggling to meet weight-loss drug demand, to buy facilities in three-way deal

The controlling shareholder of weight-loss drug maker Novo Nordisk on Monday said it’s buying a provider of drug manufacturing for $16.5 billion.

Oil prices slide as traders brush off U.S. airstrikes

Oil futures fall to begin the week.

Fate of the Mag 7 depends on their ability to deliver rapid revenue growth in 2024, says Goldman Sachs

Mag 7 valuations are not extreme but they must deliver the forecast revenue growth

Bond yields continue to back up after hot jobs data

Bond yields continue to rise on Monday, as investors react to news the U.S. economy continues to add jobs at a brisk pace.

Boeing warns of more delays after newly flagged issues on 737 fuselages. Shares fall.

The manufacturer said it plans to spend several days inspecting and reworking 50 fuselages supplied to it by Spirit AeroSystems

7 tips for road-tripping in an electric car in winter

Taking a winter road trip in an EV can be comfortable, safe, and enjoyable—if you prepare right.
1 889 890 891 892 893 1,707