Latest in Crushes Profit Estimates
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WK Kellogg’s profit crushes estimates but sales fall short in challenging market
A weaker Canadian dollar hurt sales.MarketWatch - 31m -
Travelers expects $1.7 billion insured loss from the California wildfires. Analysts still expect a profit.
Travelers’ CFO said the outbreak of wildfires were “a big event” for the insurance industry.MarketWatch - 43m -
British oil major BP reports sharp drop in fourth-quarter profit, vows strategy reset
British oil major BP on Tuesday posted a sharp drop in fourth-quarter profit, pledging to "fundamentally" reset the embattled energy company's strategy.CNBC - 1h -
DuPont’s stock jumps as earnings beat estimates, boosted by semiconductor recovery and AI
DuPont cited continued recovery in semiconductor demand, driven primarily by AI-technology applications and stronger demand in China, for its results.MarketWatch - 1h -
BP set to scale back green investments as profits drop sharply
The oil giant is widely expected to say it will scale back on renewables later this month.BBC News - 1h -
Italy's UniCredit guides 2025 revenue slowdown after fourth-quarter profit beat
Italy's second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, raising shareholder returns amid market focus on the bank's M&A overtures.CNBC - 3h -
Travis Kelce Faces Retirement Questions After a Crushing Super Bowl Loss
Kelce’s output matched the decline he displayed during the season.The New York Times - 1d -
Early Crypto Traders Had Speedy Profit on Trump Coin as Others Suffered Losses
Some traders made tens of millions off a new cryptocurrency launched by President Trump and his sons. Many others lost out.The New York Times - 1d -
Coca-Cola sales easily top estimates as global demand rises
Shares of Coke have risen 7% over the past year, raising its market cap up to $275 billion.CNBC - 1h -
BP pledges ‘fundamental reset’ of strategy as profits sink
Chief executive Murray Auchincloss vows to boost performance after activist Elliott takes stakeFinancial Times - 6h -
US estimated to have borrowed $127B in January: CBO
The Congressional Budget Office (CBO) estimated in a report on Monday that the federal government racked up a deficit of $127 billion last month. The CBO estimated the federal budget deficit ...The Hill - 17h -
We're adding to our position in a sliding stock and booking profits in a 2025 winner
We're making a pair of trades Monday as Wall Street rallies to kick off the week.CNBC - 21h -
McDonald’s sees wider margins ahead as same-store-sales surprise offsets a profit miss
McDonald’s stock rose 5% as investors latched on to the positive developments, despite some mixed results from the fast-food giant.MarketWatch - 21h -
Rockwell Automation crushes profit estimates but says customers are still cautious
Rockwell’s numbers eased investor concerns after the company missed sales estimates in three of the last six quarters.MarketWatch - 22h -
Singapore’s DBS reports record profits as long-serving chief bows out
City-state’s biggest lender buoyed by strong commercial and wealth management performancesFinancial Times - 1d -
Australia crush Sri Lanka in second Test to complete rare series sweep
Sri Lanka 257 and 231; Australia 414 and 75-1 in four days Spinners Lyon and Kuhnemann take seven wickets each Australia have capped off a brilliant summer with a nine-wicket defeat of Sri ...The Guardian - 2d -
Dreams ‘crushed’ as Ticketmaster cancels fans’ Oasis ’25 tickets
Those affected were accused of being bots and asked to fill out a form for the tour’s promoters to review. Oasis fans have said their “dreams have been crushed” after Ticketmaster cancelled their ...The Guardian - 2d -
Profitable cement company Titan America touts Florida, Mid-Atlantic reach in IPO
Titan America’s IPO raises $384 million by pricing toward the low end of its range.MarketWatch - 3d -
Amazon Reports 88% Rise in Profits but Says Growth Could Slow
The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.The New York Times - 4d -
Candy Crush Solitaire debuts as 1st King game in a while
King has launched Candy Crush Solitaire around the world as the latest mobile game that carries the Candy Crush brand.VentureBeat - 4d