United Parcel Service Inc
U.S. airlines cool hiring after adding 194,000 employees in post-Covid spree
A pilot performs a walkaround before a United Airlines flight Leslie Josephs/CNBC U.S. passenger airlines have added nearly 194,000 jobs since 2021 as companies went on a hiring spree after spending months in a pandemic slump, according to the U.S. Department of Transportation. Now the industry is cooling its hiring. Airlines are close to their […]
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CNBC Daily Open: Nasdaq futures fall as Alphabet, Tesla earnings disappoint
Traders work on the floor of the New York Stock Exchange (NYSE) on July 22, 2024 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they […]
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Stocks making the biggest moves midday: Spotify, United Parcel Service, Pentair and more
Check out the companies making headlines in midday trading: Spotify Technology — Shares surged 12% after the music streaming company posted better-than-expected second-quarter earnings. Gross margin and operating income also surpassed expectations. Analysts said they remain cautiously optimistic despite softness in monthly active user counts, pointing to strong margin performance and the company’s focus on […]
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Stocks making the biggest moves premarket: Spotify, General Motors, Coca-Cola and more
Check out the companies making headlines before the bell: Spotify Technology — The music streaming stock surged 13% after Spotify Technology posted second quarter earnings that topped estimates. Gross margin also exceeded expectations, along with operating income. General Motors — The auto stock jumped 4.6% after General Motors easily topped second-quarter estimates. GM also said […]
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UPS shares slide on earnings miss, guidance cut
A person walks into a UPS (United Parcel Service) customer center on April 1, 2024 in Los Angeles, California. Mario Tama | Getty Images United Parcel Service on Tuesday reported profit and revenue for the second quarter that came in below expectations and cut its 2024 revenue guidance. The company’s shares were down 9% in […]
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S&P 500 futures are little changed as investors await key earnings reports: Live updates
Traders work on the floor of the New York Stock Exchange. NYSE S&P 500 futures are near flat Monday night, with traders readying for earnings reports from major companies after the benchmark posted its best day in more than a month. Futures tied to the broad index sat near their flatline, as did Nasdaq 100 […]
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FedEx shares jump after hours as massive cost-cutting measures kick in
A pedestrian walks by a parked FedEx delivery truck on March 21, 2024 in San Francisco, California. Justin Sullivan | Getty Images FedEx shares soared more than 15% after hours Tuesday after the company reported results that topped analysts’ estimates in both earnings and revenue. Here’s how the company did in its fiscal fourth quarter […]
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Shares producing the most important moves before the bell: Nvidia, Ferrari, World Fitness, Cinemark and more
Look at out the businesses producing headlines in premarket buying and selling. ResMed , Eli Lilly — ResMed tumbled 11.8% pursuing past week’s information that Eli Lilly’s tirzepatide weight reduction drug diminished the severity of obstructive snooze apnea. Eli Lilly, on the other hand, ticked bigger by all-around 1%. RXO — The freight stock surged […]
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Glass Lewis endorses 6 of activist Ancora’s nominees for Norfolk Southern board
A Norfolk Southern train is en route on Feb. 14, 2023 in East Palestine, Ohio. Previously in the thirty day period a derailment despatched millions of lbs . of poisonous chemicals into the setting and compelled 1000’s of people today to evacuate. Angelo Merendino | Getty Photos Information | Getty Photos Activist trader Ancora been […]
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Stocks making the biggest premarket moves: Normal Motors, GE Aerospace, Novartis, JetBlue and extra
Check out out the companies building the biggest moves in premarket buying and selling: Basic Motors — The automaker saw its stock increase 4% following it posted $2.62 for each share on revenues of $43.01 billion for the to start with quarter. Analysts anticipated $2.15 for each share on revenues of $41.92 billion, per LSEG. […]
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