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Earnings

Diageo plunges 10% on sales decline, but Guinness a bright spot

by Adrian Jhonsan
Diageo plunges 10% on sales decline, but Guinness a bright spot

John Morrissey serves pints of Guinness at a traditional Irish pub in Dublin on May 21, 2024, in Dublin, Ireland. Nurphoto | Nurphoto | Getty Images Shares of spirits giant …

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Categories World

BP beats profit expectations after warning of weaker oil refining

by Milton Acorn
BP beats profit expectations after warning of weaker oil refining

A general view of the BP logo and petrol station forecourt sign on January 22, 2024 in Southend, United Kingdom. John Keeble | Getty Images News | Getty Images British …

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Categories Science

Heineken shares fall 10% after first-half profit miss

by Adrian Jhonsan
Heineken shares fall 10% after first-half profit miss

In this photo illustration, bottles of Heineken beer are displayed on July 31, 2023 in San Anselmo, California.  Justin Sullivan | Getty Images Heineken shares declined throughout the day on …

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Categories World

Philips shares jump 15% as second-quarter sales grow despite China weakness

by Adrian Jhonsan
Philips shares jump 15% as second-quarter sales grow despite China weakness

The Philips office building in Warsaw, Poland, on July 29, 2021. Nurphoto | Nurphoto | Getty Images Shares of Dutch device maker Philips jumped as high as 15% on Monday …

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Categories World

U.S. airlines cut growth plans for the second half of the year

by Monica Lozano
U.S. airlines cut growth plans for the second half of the year

Airplanes from United and JetBlue and Delta populate the taxiway at Laguardia Airport in the Queens borough of New York City.  Bruce Bennett | Getty Images U.S. airlines are reducing …

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Categories Travel

Ford, GM, Stellantis face daunting second half of 2024

by Adesola Mojo
Ford, GM, Stellantis face daunting second half of 2024

New Jeep vehicles sit on a Dodge Chrysler-Jeep Ram dealership’s lot on October 03, 2023 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images DETROIT – The …

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Categories Automobile

‘Great rotation’ faces big test with Big Tech earnings

by Adrian Jhonsan
‘Great rotation’ faces big test with Big Tech earnings

When I was a cub reporter in Los Angeles, covering crime for the now-deceased Los Angeles Herald Examiner, we used to joke that we should never let the facts get …

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Categories World

Dexcom shares plunge more than 40% after Q2 earnings

by Ev Richard
Dexcom shares plunge more than 40% after Q2 earnings

Dexcom shares sank more than 40% on Friday and headed for their worst day ever after the diabetes management company reported disappointing revenue for the second quarter and offered weak …

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Categories Technology

Bristol Myers Squibb (BMY) earnings Q2 2024

by Shawn Butlere
Bristol Myers Squibb (BMY) earnings Q2 2024

The Bristol Myers Squibb research and development center at Cambridge Crossing in Cambridge, Massachusetts, on Dec. 27, 2023. Adam Glanzman | Bloomberg | Getty Images Bristol Myers Squibb on Friday …

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Categories Health

Global selloff eases; earnings, U.S. inflation

by Adrian Jhonsan
Global selloff eases; earnings, U.S. inflation

LONDON — European markets were higher on Friday as a global stock selloff eased and investors awaited a U.S. inflation print. The pan-European Stoxx 600 was last 0.37% higher at …

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Categories World
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