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Philip Morris’s stock pulls back premarket as profit beats expectations but outlook misses
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Legrand Misses Forecasts But Keeps Outlook
Legrand posted lower profits for its first quarter following a slowdown in the construction sector, but confirmed its financial targets for the year.The Wall Street Journal - World -
FirstFT: Apple beats expectations
Also in today’s newsletter, Apollo and Sony team up for Paramount bid and Turkey cuts trade ties with IsraelFinancial Times - World - Apple -
Hershey’s stock rallies after earnings beat, as chocolate sales jump
“We are off to a strong start and remain on track to deliver our business strategies and financial commitments for the year,” the company’s CEO said Friday.MarketWatch - Business -
FuboTV’s stock surges after losses narrow to half what was expected
FuboTV’s stock powered up in premarket trading Friday, after the sports-first TV-streaming company reported a first-quarter loss that was only half what was expected and beat its own subscriber guidance.MarketWatch - Business -
Apple on pace for best day since 2022 after earnings beat, $110 billion stock buyback
Apple shares popped on Friday after the company reported better-than-expected second-quarter earnings and the largest-ever stock buyback program.CNBC - Business - Apple -
April jobs report misses expectations, signaling a possible slowdown
U.S. employers added 175,000 jobs in April.ABC News - Top stories -
Societe Generale chief defends controls after Hong Kong trader’s unauthorized bets
The French banks both outstripped analysts’ expectations, causing their share prices to surgeMarketWatch - Business - Hong Kong -
Roberto De Zerbi’s stock has fallen – staying at Brighton is the best way to build it back
As Roberto De Zerbi took his seat behind a microphone at the Amex Stadium on Tuesday night, in front of a room full of Brighton supporters, he must have known it was only a matter of time before he was quizzed on his future.Yahoo Sports - Sports -
Danske Bank Outlook on Track as Demand Sustained
Danske Bank backed its full-year guidance after reporting in-line first-quarter earnings on good demand for its products, efficiency gains and strong credit quality.The Wall Street Journal - World -
U.S. Stocks Climb After Jobs Report
U.S. stocks were climbing after the latest jobs report showed hiring pulled back sharply in April.The Wall Street Journal - World
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SEC charges firm that audits Trump’s Truth Social with ‘massive fraud’ affecting hundreds of filings
The regulatory agency said that hundreds of audits done by BF Borgers CPA PC contained “deliberate and systemic failures” that included false documentation to make it appear their reports complied with standards set by the Public Company ...MarketWatch - Business -
Why a 40-year-old alarm clock is better than iPhone’s alarm
You may get a better night’s sleep going the old-school wake-up route.MarketWatch - Business -
As Warren Buffett hosts first Berkshire Hathaway annual meeting without Charlie Munger by his side, here’s what to watch
Here’s what will be top of mind for investors when Warren Buffett takes hours of questions at Berkshire Hathaway’s annual meeting on Saturday.MarketWatch - Business -
Boeing’s Starliner set for historic launch that will take two NASA astronauts into space
Boeing Co.’s Starliner spacecraft is set to make its first crewed flight to the International Space Station on Monday, carrying two NASA astronauts to the orbiting space lab.MarketWatch - Business - NASA -
Credit cards are the ‘financing of last resort’ for older adults as inflation persists
As inflationary pressures leave older adults with little wiggle room to pay for everyday items and cover emergency costs, credit cards have become the financing method of last resort. As a result, balances have jumped since last year.MarketWatch - Business