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Chemicals maker Dow beat Wall Street estimates for fourth-quarter profit on Thursday, helped by a pick-up in product sales volumes. The company's adjusted profit was 43 cents per share...
Microsoft is cutting around 1,900 jobs at Activision Blizzard and Xbox this week, news website The Verge reported on Thursday, citing an internal memo from the head of the company's
U.S. defense contractor General Dynamics reported a jump in fourth-quarter revenue on Wednesday, as a tense global political climate sustained demand for its military equipment. The...
General Dynamics beat Wall Street expectations for fourth-quarter revenue on Wednesday, as a tense global political climate sustained demand for its military equipment even as supply-chain pressures drove up costs. Net earnings at the Reston, Virginia-based defense contractor came in at $3.64 per share, below analysts' average estimates of $3.68, according to LSEG data. Shares were up 3.8% in early trading after the company forecast 2024 earnings per share of about $14.40 on revenue of $46.6 billion to $46.7 billion, which would be up 9.5%.
Copper miner Freeport-McMoRan beat Wall Street estimates for fourth-quarter profit on Wednesday, helped by strong copper production and sales volumes along with higher commodity prices. ...