General Motors exceeded first-quarter profit and revenue estimates as its
Shares of General Motors increased by nearly 5% Tuesday morning following the announcement of better-than-expected first-quarter earnings. The automotive company also raised its full-year predictions and reported a reduction in the cost of batteries for its electric vehicles. The company announced that its earnings per share for the first quarter increased by 18.5% to $2.62, while its revenue grew nearly 8% to $43.01 billion. Analysts had predicted earnings of $2.13 per share with sales...
British cybersecurity flag bearer Darktrace is set to leave London’s stock market after agreeing a £4.3bn sale to US private equity firm Thoma Bravo. Shareholders will have to approve the takeover before it's rubber-stamped. The chair of Darktrace, Gordon Hurst, said the deal represents "an attractive premium and an opportunity for shareholders." "The proposed acquisition will provide Darktrace access to a strong financial partner in Thoma Bravo, with deep software sector expertise, who...
RTX and Lockeed Martin exceed Wall Street expectations for latest quarter amid wars in Gaza and Ukraine“Exceptionally strong” demand boosted sales at two US defense giants, the companies announced on Tuesday as geopolitical tensions flare in the Middle East and Ukraine continues to fight Russia’s invasion.RTX and Lockheed Martin exceeded Wall Street’s expectations for the latest quarter as conflicts including Israel’s war on Gaza prompted countries to bolster arms spending, both by striking new...
U.S. Secretary of State Antony Blinken has begun a critical trip to China armed with a strengthened diplomatic hand following Senate approval of a foreign aid package that will provide billions of dollars in assistance to Ukraine, Israel and Taiwan as well as force TikTok’s China-based parent company to sell the social media platform -– […]
Buckle’s (NYSE:BKE – Free Report) same store sales rose 1.8% during the month of March. Buckle’s stock rose by 0% in the first day of trading following the report. Analyst Ratings Changes A number of research analysts recently weighed in on the company. StockNews.com raised Buckle from a “hold” rating to a “buy” rating in […]
Investing.com-- US stock index futures edged higher Monday, recovering
China has surged sales to Russia of machine tools, microelectronics and other technology that Moscow in turn is using to produce missiles, tanks, aircraft and other weaponry for use in its war against Ukraine, according to a U.S. assessment. Two senior Biden administration officials, who discussed the sensitive findings Friday on the condition of anonymity, […]
By Shaun Tandon US Secretary of State Antony Blinken called Thursday on the United States and China to manage their differences “responsibly” as he went on a charm offensive ahead of expected tough talks. A day before meeting Beijing’s top brass to tackle thorny issues including Russia, Taiwan and trade, Blinken’s visit to Shanghai saw […]
Colony Bankcorp (NASDAQ:CBAN) just reported results for the first quarter of 2024.Colony Bankcorp reported earnings per share of 33 cents. This was above the analyst estimate for EPS of 31 cents.The company reported revenue of $28.14 million.This was 1.96% better than the analyst estimate for revenue of $27.60 million.InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including...
CNN By Simone McCarthy, CNN Beijing (CNN) — US Secretary of State Antony Blinken said the US has seen evidence of Chinese attempts to “influence and arguably interfere” with the upcoming US elections, despite an earlier commitment from leader Xi Jinping not to do so. Blinken made the comments to CNN’s Kylie Atwood in an interview
U.S. Secretary of State Antony Blinken met Friday with Chinese President Xi Jinping and senior Chinese officials, stressing the importance of “responsibly managing” the differences between the United States and China as the two sides butted heads over a number of contentious bilateral, regional and global issues. Talks between the two sides have increased in […]