Chip Profit Shrinks - QuikReader

Honeywell’s stock falls as sales miss and lowered guidance offsets profit beat

Honeywell International Inc.’s stock fell 2.5% early Thursday, after the aerospace and technology company missed third-quarter sales estimates and lowered its guidance, offsetting a profit beat.

Business - MarketWatch - 6 days ago

Southwest Airlines profit tops estimates, company expects higher revenue in fourth quarter

Southwest said travel demand remains healthy and it expects unit revenue for the fourth quarter to grow 3.5% to 5.5%.

Business - CNBC - 6 days ago

American Airlines lifts 2024 profit forecast after sales strategy shift, posts third-quarter loss

American Airlines raised its profit forecast for the year as CEO Robert Isom said the company's sales strategy shift earlier this year is paying off.

Business - CNBC - 6 days ago

Mercedes-Benz and Porsche look for cost cuts after China slump hits profits

German carmakers exposed to Asian nation’s economic malaise after benefiting from its booming auto market

Business - Financial Times - 5 days ago

NatWest Lifts Guidance Again After Quarterly Profit Beat

The U.K. high-street bank raised its revenue and profit outlook for the second time this year after its third-quarter results topped market expectations, lifting shares to an over 13-year high.

Business - The Wall Street Journal - 6 days ago

Eni Cuts Profit Outlook on Weak Prices, Lifts Buybacks

Eni lowered its guidance for the year due to a decline in oil prices which also hit the Italian energy major’s third-quarter profits, but said it planned to increase its share buy backs.

Business - The Wall Street Journal - 6 days ago

Beyoncé brings star power as Kamala Harris touts ‘freedom’ in Texas

Vice-president seeks to energise women voters as White House race against Donald Trump tightens

Business - Financial Times - 5 days ago

Nasdaq hits record high as tech stocks rebound from summer sell-off

Sharp turnaround from 15% slide as investors make ‘heads I win, tails you lose’ bet

Business - Financial Times - 5 days ago

How United is trying to overtake Delta as the world's most profitable airline

United Airlines has been trying to expand its profits by investing heavily in roomier seats and growing a network that will excite high-spending travelers.

Business - CNBC - 2 days ago

China's industrial profits plunge at fastest pace since the pandemic

The country's industrial profits declined 27.1% year-on-year in September.

Business - CNBC - 3 days ago

How Taxpayers Are Helping Health Insurers Make Even Bigger Profits

Local governments often face extra fees when employees get out-of-network medical care, but some don’t track the insurance charges or even know about them.

Business - The New York Times - 2 days ago