Hershey also lowered its 2024 guidance, and expects a decline in sales this year.
Gannett Co. Inc.’s stock rose 2.9% early Thursday, after the USA Today publisher beat second-quarter profit estimates by a wide margin, offsetting a revenue miss.
“She was paying over $1,000 a month to rent an apartment.”
Biogen also beat Wall Street’s Q2 adjusted profit estimate, although its net income dropped.
ConocoPhillips’ stock rallied Thursday after the oil giant reported second-quarter profit that beat expectations and said it reached record production.
The number of Americans who applied for unemployment benefits last week jumped to a nearly one-year high of 249,000, but the part of the increase was tied to annual auto-plant shutdowns and the details of the report were less alarming.
Unit labor costs moderate
The second-quarter sales decline was mostly due to lower demand for the company’s COVID-19 vaccine.
Eli Lilly plans to submit the results to the FDA and other regulators later this year.
Stocks valued on potential profits from AI are trading on thin ice.
The stock market on average has performed well in August during presidential election years.
Oil futures rose Thursday, building on the sharp rebound seen the previous session after the assassination of a Hamas leader in Tehran sparked fears of a wider Middle East conflict.
Spirit Airlines’ stock slipped Thursday, after the discount air carrier reported a wider-than-expected second-quarter loss, while also detailing some cost cutting measures including pilot furloughs and capacity cuts.
Plan ahead to safeguard your family’s assets.
Dodge & Cox’s David Hoeft says value stocks outperform over five years when they’re this cheap relative to growth stocks.
“I’m flying the flag for the filthy beauty of used iPhones.”
The British energy giant increased its profits in the face of lower oil and gas prices, as it successfully cut its costs by $700 million in the first half of 2024
Shares of Rolls-Royce surged on Thursday, as the engine maker’s latest beat-and-raise buoyed one of Europe’s hottest stocks.
The 2024 Kia Forte is big enough for family hauling, an ideal size for busy, crowded urban streets, and it’s one of America’s cheapest cars.
