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Lam Research Expects 2024 To Be A "Transition Year," 4 Analysts Provide Key Q3 Takeaways

Lam Research reported better-than-expected results for its fiscal third quarter. .....»»

Category: blogSource: benzinga1 hr. 57 min. ago

Anywhere Q1 Results: Slide Continues With Net Loss of $101 Million

In a Q1 2024 earnings call Apr. 25, Anywhere Real Estate reported a $101 million loss for the quarter, continuing a downward, though not as deep, trend for the la.....»»

Category: realestateSource: rismedia2 hr. 13 min. ago

Honeywell Aerospace Advances Drive Solid Q1 Results, Exceed Expectations

Honeywell International Inc (NASDAQ:HON) reported first-quarter fiscal 2024 sales of $9.105 billion. That’s up 3% year-over-year on a reported basis and and increas.....»»

Category: earningsSource: benzinga2 hr. 13 min. ago

What"s Going On With Chemical Giant Dow Shares Today?

Dow Inc (NYSE:DOW) shares are trading lower after the company reported first-quarter FY24 results. Sales declined 9% Y/Y to $10.77 billion, beating the consen.....»»

Category: earningsSource: benzinga2 hr. 13 min. ago

Sonic Automotive Jumps Over 10% After Earnings: "Well-Positioned To Adapt To Evolving Market Conditions"

Sonic Automotive, Inc. (NYSE:SAH) shares are trading higher on Thursday. The company reported first-quarter adjusted earnings per share of $1.36, beating the street view of $1.30. Total revenues of $3.384 billion,.....»»

Category: earningsSource: benzinga2 hr. 13 min. ago

Northrop Grumman Reaffirms 2024 Guidance Post Double-Digit Earnings Growth In Q1: Details

Northrop Grumman Corp (NYSE:NOC) reported first-quarter fiscal 2024 sales growth of 9% year-over-year to $10.133 billion,&nbs.....»»

Category: earningsSource: benzinga2 hr. 13 min. ago

Bristol Myers Squibb Swings To Quarterly Loss, After String Of Multi-Billion Acquisitions

Thursday, Bristol Myers Squibb & Co (NYSE:BMY) posted first-quarter revenues of $11.9 billion, beating the consensus o.....»»

Category: earningsSource: benzinga2 hr. 13 min. ago

Why Gold Miner Newmont Shares Are Surging Today

Newmont Corporation (NYSE:NEM) shares are trading higher after the company reported first-quarter FY24 results. Revenue reached $4.023 billio.....»»

Category: earningsSource: benzinga2 hr. 13 min. ago

Federal Home Loan Bank of Indianapolis Announces First Quarter 2024 Dividends, Reports Earnings

INDIANAPOLIS, April 25, 2024 (GLOBE NEWSWIRE) -- Today the Board of Directors of the Federal Home Loan Bank of Indiana.....»»

Category: earningsSource: benzinga2 hr. 13 min. ago

Why Carrier Global Shares Are Surging Today

Carrier Global Corp (NYSE:CARR) shares are trading higher, rebounding from earlier weakness following first quarter FY24 results. Net sales rose 17% Y/Y to $6.18 billion, missing the consensus of $6.28 billion. Adjusted operating.....»»

Category: earningsSource: benzinga2 hr. 13 min. ago

PG&E Posts Mixed Bag Of Q1 Earnings, Plows Billions Into Safety

PG&E Corporation (NYSE:PCG) reported first-quarter FY24 operating revenue of $5.86 billion (vs. $6.21 billion a year ago), missing the consensus.....»»

Category: earningsSource: benzinga2 hr. 13 min. ago

Federal Home Loan Bank of New York Announces First Quarter 2024 Operating Highlights

NEW YORK, April 25, 2024 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of New York ("FHLBNY") today released its unaudited financial highlights for the quarter ended March 31, 2024. "Throughout the firs.....»»

Category: earningsSource: benzinga2 hr. 13 min. ago

Despite Bad Headlines, Boeing Stock Bounces on Q1 Results

It is hard to imagine a company enduring worse headlines last quarter than Boeing (NYSE:BA), but the embattled airplane manufacturer ... Read more.....»»

Category: blogSource: valuewalk2 hr. 13 min. ago

Honeywell Aerospace Advances Drive Solid Q1 Results, Exceed Expectations

Honeywell International reported first-quarter fiscal 2024 sales of $9.105 billion. read more.....»»

Category: blogSource: benzinga4 hr. 29 min. ago

Daily Digest: Allstate eyes California return; Firm to cut 1,000 jobs after financial error

Good morning, Bay Area. In the economy, U.S. economic growth slid to an almost two-year low last quarter while inflation also ticked up and GDP increased at a 1.6% annualized rate, below all economists’ forecasts. All this while the econom.....»»

Category: topSource: bizjournals4 hr. 44 min. ago

US Economy Grows 1.6% In Q1, Sharply Below Expectations As Price Pressures Weigh On Spending (CORRECTED)

The U.S. economy grew in the first quarter of the year, albeit at a markedly slower pace compared to the final quarter of 2023. read more.....»»

Category: blogSource: benzinga5 hr. 29 min. ago

Stock market today: US indexes drop as 1st-quarter GDP growth comes in weaker than expected

The US economy grew at an annualized rate of 1.6% in the first three months of the year, badly lagging expectations of 2.4%. The US economy grew at an annualized rate of 1.6% in the first quar.....»»

Category: personnelSource: nyt5 hr. 57 min. ago

Mark Zuckerberg warned investors that Meta"s AI investment won"t pay off immediately

Meta stocks tumbled Wednesday after trading hours, despite the company's better-than-expected first-quarter results. Meta CEO Mark Zuckerberg told investors that it will take time for its AI bet to pay off. Getty Images News/Getty ImagesMeta&#.....»»

Category: personnelSource: nyt6 hr. 57 min. ago

The US economy started the year much slower than expected

The US economy began 2024 with cooler growth than the forecast. In the first quarter of this year, real GDP rose at an annualized rate of 1.6%. Allen J.....»»

Category: personnelSource: nyt6 hr. 57 min. ago

Southwest Airlines to end operations at Houston"s George Bush Intercontinental Airport (IAH)

Southwest's latest departure from IAH and other initiatives are expected to contribute between $1 billion and $1.5 billion in 2024 year-over-year pre-tax profits, the company said in its first-quarter earnings report released April 25......»»

Category: topSource: bizjournals6 hr. 57 min. ago