Shares of spirits giant Diageo tumbled on Tuesday morning, after the Johnnie Walker-maker posted its first sales decline since the start of the pandemic.
Kategorie-Archiv: CNBC Financial News
Oil major BP raises dividend as second-quarter profit beats expectations
British oil giant BP on Tuesday reported stronger-than-expected net profit for the second quarter following a warning over lower refining margins.
Ford, GM, Stellantis face a daunting second half of 2024
The U.S. market – a profit engine for most automakers – is normalizing after years of record high prices, low vehicle inventories and resilient demand.
McDonald’s earnings, revenue miss estimates as consumer pullback worsens
McDonald’s stock has fallen 15% year to date, dragging its market value down to $181.2 billion.
Philips shares jump 10.5% as second-quarter sales grow despite China weakness
Shares of Philips jumped in early deals Monday after the Dutch device maker reported better-than-expected second-quarter earnings.
Heineken shares fall 8% after first-half profit miss
Operting profit showed organic growth of 12.5%, below a company-compiled consensus forecast of 13.2%.
The ‚great rotation‘ faces its biggest test yet: earnings from Microsoft, Meta, Apple and Amazon
In his weekly column, Jim Cramer writes that the ‚great rotation‘ faces its biggest test yet with earnings from Microsoft, Meta, Apple and Amazon.
Top Wall Street analysts suggest these dividend stocks for enhanced returns
TipRanks‘ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Coca-Cola and Diamondback Energy
Fast-food chains battle for low-income diners with summer value meals
McDonald’s, Burger King and Taco Bell are among the fast-food chains with $5 value meals this summer.
Ron Insana: How investors ought to prepare their portfolios for November’s elections
Ron Insana recommends investors keep some dry powder regardless of who wins the presidential election.