Tag: “Corporate”

Wendy’s is closing 140 restaurants

Wendy’s is closing 140 restaurants in the coming months, the fast food chain announced this week. But the company said it would open an equal number of new locations in areas it believes can generate better business for Wendy’s.

Exxon Mobil’s stock up as profit beat offsets revenue shortfall and company raises dividend

Exxon Mobil Corp.’s stock rose 1.8% early Friday, after the oil giant’s third-quarter earnings showed a profit beat that offset a revenue miss and the company boosted its quarterly dividend by 4%.

Air Canada raises core profit forecast on robust international demand

Air Canada raised its annual core profit forecast on Friday, as the country’s largest carrier benefits from strong demand for international travel and lower jet fuel prices.

Amazon stock pops after Q3 earnings beat

Amazon stock popped almost 6% in premarket trading on Friday after the company reported stronger revenue and earnings per share for the third quarter than Wall Street expected.

Chevron beats earnings expectations, returns more than $7 billion to shareholders

Chevron beat third-quarter earnings and revenue expectations, returning a record amount of cash to shareholders. The company’s shares were up 2.6% in the premarket following the report’s release.

A year on, Intel’s touted AI-chip deals have fallen short

Intel’s upbeat revenue projections on Thursday masked a sore point for the embattled company: chips touted for artificial intelligence have not lived up to sales expectations.

Boeing shares rise as planemaker makes new wage offer to end strike

Boeing rose 2% before the bell on Friday after the U.S. planemaker bumped its wage hike offer to about 33,000 striking workers, its latest effort to end a damaging strike after two earlier contract offers were rebuffed by employees.

Apple sales rise 6%, company seeing early iPhone 16 demand

Apple’s fiscal fourth-quarter results beat Wall Street expectations for revenue and earnings per share, but net income slumped after the company paid a one-time charge as part of a tax decision in Europe.

Abbott shares rise after securing first win in premature infant formula trial

Abbott Laboratories shares rose nearly 5% before the bell on Friday, after a jury cleared the company and a Reckitt unit of liability in a lawsuit over their premature baby formulas’ risks.

Πειραιώς: Αύξηση κερδών στα 320 εκατ. ευρώ το 3ο τρίμηνο, νέο guidance

Ιστορικά υψηλά εξομαλυμένα καθαρά κέρδη στα €932 εκατ. στο εννεάμηνο, τα οποία αντιστοιχούν σε €0,72 κέρδη ανά μετοχή, οδηγώντας σε επικαιροποίηση στόχου για κέρδη ανά μετοχή άνω των €0,90 το 2024, ανακοίνωσε η Πειραιώς.

BriQ Properties: Αυξήθηκαν κατά 31% τα καθαρά κέρδη 9μήνου – Ανήλθαν σε 4,6 εκατ. ευρώ

Ισχυρή αύξηση εσόδων και μεγέθυνση του χαρτοφυλακίου της παρουσίασε η BriQ Properties Α.Ε.Ε.Α.Π. (η «Εταιρεία» ή ο «Όμιλος»), η οποία ανακοίνωσε σήμερα τα βασικά οικονομικά μεγέθη της περιόδου από την 1η Ιανουαρίου 2024 έως την 30η Σεπτεμβρίου 2024.

ΟΛΠ: Νέα ιστορικά υψηλά – Στα 70,2 εκατ. ευρώ τα καθαρά κέρδη στο 9μηνο

Ιστορικά υψηλές επιδόσεις πέτυχε η ΟΛΠ που ανακοίνωσε τα οικονομικά της αποτελέσματα για το τρίτο τρίμηνο του 2024, με έμφαση στις χρηματοοικονομικές επιδόσεις και τις οικονομικές εξελίξεις που διαμορφώνουν την ανάπτυξή της.

MIG: Αυξηση πωλήσεων, ενισχυμένα 35,8% τα κέρδη στο εννεάμηνο

Αύξηση πωλήσεων σε επίπεδο τριμήνου και εννεαμήνου ανακοίνωσε η MIG, ενώ τα κέρδη μετά φόρων από συνεχιζόμενες δραστηριότητες στο εννεάμηνο σημείωσαν σημαντική άνοδο 35,8%.

Booking Holdings stock climbs as Q3 results beat high expectations, Evercore says

On Thursday, Evercore ISI updated its outlook on Booking Holdings stock, increasing the price target to $5,300 from the previous $4,200 while maintaining an Outperform rating. The revision follows Booking Holdings’ third-quarter earnings, which exceeded expectations and prompted the firm to adjust its financial projections upward.

Carvana Smashes Wall Street Earnings Estimates. The Stock Is Soaring.

Online car dealer Carvana delivered a huge earnings beat. Investors appear happy. Shares were soaring in early trading Thursday.

Peloton raises its full-year profit guidance, but expects the holiday quarter to be softer than expected

Peloton is back to generating free cash flow and is edging within reach of profitability as the connected fitness company reins in costs and looks to improve the unit economics behind its hardware, it said Thursday.

Microsoft Stock Falls on Mounting AI Expenses. An Earnings Beat Wasn’t Enough.

Microsoft reported first-quarter earnings on Wednesday that beat Wall Street estimates, but the stock was falling after the company forecast higher expenses related to artificial intelligence.

Merck tops earnings estimates on strong demand for Keytruda, new drugs even as HPV vaccine sales fall

Merck on Thursday reported third-quarter revenue and adjusted earnings that topped expectations as the company saw strong sales from its top-selling cancer drug Keytruda, recently launched treatments and its animal health business.

Nextracker Shares Jump After Raising Outlook, Posting Higher-Than-Expected Results

Shares of Nextracker gained after the company raised its full-year profit outlook, a move that came as it posted higher-than-expected results in its fiscal second quarter. The stock rose 16% to $37.01 in after-hours trading Wednesday.

Comcast tops earnings estimates as Olympics propels the company

Comcast beat third-quarter earning expectations on Thursday, as the Summer Olympics in Paris boosted NBCUniversal’s revenue and Peacock’s subscriber count