Pennsylvania Man Beats Neighbor Because He Was Having an Alleged Affair with Mom
ADDISON TOWNSHIP, Pa. — A Pennsylvania man is in custody after allegedly assaulting his neighbor in what police describe as a violent outburst driven by accusations involving the defendant’s mother. The incident…
JOHN STOSSEL: Personal Choice Beats Government Control Every Time
JOHN STOSSEL: Personal Choice Beats Government Control Every Time John Stossel on September 2, 2023 COVID cases are up. Hospitalizations climbed 24% last week. But the media make everything seem scarier than…
Pinduoduo-owner PDD beats revenue expectations as promotions lure consumers
By Chavi Mehta and Casey Hall (Reuters) – PDD Holdings beat second-quarter revenue estimates on Tuesday, as its discount e-commerce platform Pinduoduo attracted price-conscious customers in China and its international shopping site,…
Snowflake beats quarterly estimates on strong demand for data management services
(Reuters) – Cloud data analytics company Snowflake beat second-quarter revenue and profit estimates on Wednesday, boosted by rising data management and storage needs of businesses amid a surge in the use of…
Toll Brothers beats profit estimates on higher home sales
(Reuters) – Homebuilder Toll Brothers Inc beat Wall Street estimates for third-quarter profit on Tuesday, as demand for luxury homes in a tighter resale market boosted new home sales. Shares of the…
Wynn Resorts beats Wall Street estimates on Vegas, Macau strength
(Reuters) – Wynn Resorts on Wednesday reported second-quarter results above Wall Street estimates as strength in its Las Vegas and Macau properties drove growth in gaming, dining and hotel bookings. The casino…
Barrick beats quarterly profit estimates on higher gold prices
(Reuters) -Barrick Gold Corp beat analysts’ expectations for second-quarter profit on Tuesday, as the Canadian gold miner benefited from higher prices of the precious metal. The company also maintained its full-year production…
MP Materials profit beats, starts some rare earths refining
(Reuters) -Rare earths miner MP Materials posted a better-than-expected quarterly profit on Thursday and said it has started refining small amounts of the strategic metals in California. Rare earths are a grouping…
NYSE parent ICE beats estimates but shares fall on mortgage unit outlook
By Pritam Biswas and Laura Matthews (Reuters) – Intercontinental Exchange on Thursday reported second-quarter profit above Wall Street estimates as higher trading volumes at the New York Stock Exchange parent more than…
MGM Resorts beats second-quarter profit estimates, but sees higher costs
(Reuters) – MGM Resorts International beat Wall Street profit estimates for the second quarter on Wednesday, as visitor rebound in China surpassed pre-pandemic levels. However, costs for casino operations, hotel rooms and…
MetLife beats second-quarter profit estimates on investment strength
(Reuters) – MetLife on Wednesday reported second-quarter profit above expectations as a rally in U.S. markets boosted returns from the insurer’s investments. Wall Street has rebounded this year on hopes that the…
Garmin beats quarterly estimates on growth in fitness and auto businesses
(Reuters) – Navigation equipment maker Garmin beat market estimates for second-quarter revenue and profit on Wednesday, thanks to strong growth in its auto and fitness businesses. The company has been leaning on…
Assurant profit beats on global housing unit strength, higher investment returns
(Reuters) – Insurer Assurant Inc sailed past Wall Street estimates for profit in the second quarter on Tuesday, on the back of growth in its global housing unit and higher investment income.…
Keurig Dr Pepper beats sales estimates, posts strong forecast on higher prices
(Reuters) – Keurig Dr Pepper Inc beat Wall Street estimates for quarterly results on Thursday and forecast higher annual sales, as the soda maker benefits from multiple rounds of price hikes that…
Lazard profit beats estimates, sees early signs of recovery in deals
By Manya Saini (Reuters) -Investment bank Lazard’s profit topped Wall Street expectations in the second quarter, and executives said that they were seeing early signs of a prolonged slump in dealmaking bottoming…
Textron beats profit estimates on higher pricing of business jets
(Reuters) – Textron Inc raised its full-year adjusted earnings per share forecast on Thursday, as stronger pricing of business jets and military helicopters continues to offset inflationary costs and drive revenue growth…
Lam Research sales forecast beats estimates on AI boom
By Akash Sriram and Max A. Cherney (Reuters) -Chip-making tools supplier Lam Research forecast quarterly revenue above Wall Street estimates, as semiconductor makers scramble to meet a surge in demand fueled by rising…
Liftmaker Otis beats analyst estimates for quarterly profit, revenue
(Reuters) – Liftmaker Otis Worldwide posted second-quarter revenue and profit above analysts’ estimates on Wednesday, fueled by sustained demand for escalators and elevators in residential and commercial projects. The Connecticut-based company’s price…
Loblaw beats revenue estimates on resilient demand for essentials
(Reuters) – Canadian retailer Loblaw on Wednesday beat Wall Street expectations for second-quarter revenue, helped by higher prices and as demand held up for groceries and drugs. The company’s revenue rose 6.9%…
Logitech beats earnings estimates and raises forecast, lifting shares
By John Revill (Reuters) -Logitech International raised its sales and profit outlook for the first half of the financial year 2024 on Tuesday, sending its stock sharply higher. The maker of computer…
PACCAR beats quarterly estimates on strong demand for trucks
(Reuters) – PACCAR Inc beat market estimates for second-quarter profit and sales, helped by strong demand for its trucks and aftermarket parts. A strong freight market and a focus on bolstering logistics…
Albertsons beats profit, revenue expectations on strong demand for groceries
(Reuters) – Albertsons Companies topped Wall Street expectations for quarterly profit and revenue on Tuesday, on the back of steady demand for groceries and pocket-friendly private label brands. Consumers in the U.S.…
Moody’s beats revenue estimates on steady demand for analytics services
(Reuters) – Moody’s Corporation beat Wall Street estimates for second-quarter revenue on Tuesday, helped by steady demand from investors for its data, analytics and research services. Customer demand for the firm’s ‘Know…
Huntington Bancshares beats Q2 profit estimates on interest income strength
(Reuters) -Huntington Bancshares beat Wall Street estimates for second-quarter profit on Friday, as it earned more from rising interest rates and saw strong demand for its commercial loans. Largely positive reports from…
Capital One Financial beats profit estimates on higher interest income
(Reuters) – Consumer lender Capital One Financial reported a second-quarter profit on Thursday that beat analysts’ estimates, helped by higher income from borrowers following a rise in benchmark lending rates. The U.S.…
Marsh McLennan beats Q2 profit estimates on interest income boost
(Reuters) – Marsh McLennan reported second-quarter profit above expectations on Thursday, bolstered by the higher interest the company earned from client funds. The company reported a profit of $2.20 per share, excluding…
Breaking News
