Southwest Airlines made $683 million in Q2, as a hectic summer travel season led to record revenue
Southwest Airlines is reporting a $683 million profit for the second quarter, and revenue is a quarterly record as planes are packed during the peak summer travel season
2023-07-27 19:55
Wall Street suddenly appears confident America will avoid a recession
Cyclical stocks that tend to rise and fall with the economy are rallying, the latest sign that investors are becoming more optimistic about the possibility of a "soft landing," i.e. no recession.
2023-07-27 19:51
Honeywell posts better-than-expected profit on aviation boost, lifts forecast
Industrial conglomerate Honeywell International Inc posted a better-than-expected quarterly profit and slightly raised its full-year forecasts on Thursday,
2023-07-27 19:50
Adani Lenders Weigh Up to $750 Million Loan for Ambuja Debt
Barclays Plc, Deutsche Bank AG and Standard Chartered Plc are in talks to lend between $600 million and
2023-07-27 19:29
Microsoft Teams Faces EU Antitrust Probe in Salesforce Clash
Microsoft Corp. faces a European Union probe over concerns it’s driving out competition by unfairly bundling its Teams
2023-07-27 19:28
McDonald's posts surprisingly strong sales after "happy birthday" Grimace campaign goes viral
McDonald’s is grinning thanks to Grimace after a marketing campaign to celebrate the “birthday” of its big purple mascot went viral and contributed to surprisingly strong second quarter sales
2023-07-27 19:25
Southwest Hits Profit Estimates, Faces Continued Rising Costs
Southwest Airlines Co. reported second-quarter earnings that matched Wall Street’s estimates as rising costs countered gains from a
2023-07-27 18:58
Mediobanca to launch new $223 million buyback after record year
MILAN Italy's Mediobanca said on Thursday it would buy back its own shares for around 200 million euros
2023-07-27 18:57
Just Eat CEO Says Grubhub Sale Is Proving ‘Very Difficult’
Just Eat Takeaway.com NV is finding it difficult to complete the sale of its US business, Grubhub Holdings
2023-07-27 18:50
Treasury Yield May Fall 150 Basis Points Next Year, Jupiter Says
Yields on 10-year Treasuries may fall as much as 150 basis points before the end of next year
2023-07-27 18:28
Shell earnings top $5 billion. But that's nearly half what it pulled in months ago
Shell has reported that it earned nearly $5.1 billion in the second quarter
2023-07-27 18:26
EU opens antitrust investigation against Microsoft over Office and videoconferencing Teams bundling
The European Union is opeing a formal antitrust investigation targeting Microsoft into the software company’s Teams messaging and videoconferencing app over concerns that its bundling with its Office productivity sofware suite gives it an unfair edge over competitors
2023-07-27 18:23