News & Updates

General Mills, Inc. (NYSE:GIS) shares are trading lower in the premarket session on Wednesday. The company reported second-quarter adjusted earnings per share of $1.40, beating the street view of $1.22. Quarterly sales of $5.24 billion beat the analyst consensus estimate of $5.14 billion. Quarterly sales were up 2%, driven by higher pound volume, while organic net sales increased 1%. Gross margin was up 250 basis points to 36.9%, driven primarily by Holistic Margin Management cost savings and fa

Electronic components maker Jabil beat first-quarter profit and revenue estimates on Wednesday, driven by increased demand for data center infrastructure. Shares of the company were up 10% in premarket trading. Jabil, a key supplier to Apple, makes electronic components, including circuit board assemblies and systems for automotive, cloud services, commercial drones, trucks and buses.

The main cause of the expected decline in NUE's Q4 profitability is the steel mills segment's lower earnings due to lower volumes and average selling prices.

Nissan Motor (NSANY) stock is booming as the automaker reportedly prepares to explore a merger with Honda Motor (HMC), which would tie up Japan’s second and third-largest automakers.

Treatment with a Sanofi-Teva-partnered experimental drug meets the primary goals in a mid-stage study for Ulcerative colitis and Crohn's disease indications.

Alta Fox Capital, an investment management company, released its “Alta Fund Opportunities Fund” Q3 2024 investor letter. A copy of the letter can be downloaded here. The fund generated a gross return of 5.65% and net return of 4.16% in the third quarter. The fund generated a gross return of 808.14% and net return of […]

FEATURE Jabil stock was trading sharply higher Wednesday after the supplier of electronic parts easily beat quarterly earnings estimates and raised its financial guidance. Shares gained 10% to $147.

Taiwan Semiconductor is at the forefront of every major technological shift today. That's a hefty price tag on the stock, but still cheaper than many companies that have far less potential than TSMC (such as Apple at 30 times 2025 earnings).

(Bloomberg) -- Cheerios maker General Mills Inc. lowered its profit outlook for fiscal 2025 in order to invest in price reductions to drive sales.Most Read from BloombergHow California Sees the World, and ItselfThe company now expects adjusted earnings per share to range between a decline of 3% to 1%, compared with a previous range of down 1% to up 1%.The shares fell 6% before the start of regular trading on Wednesday in New York. The stock had risen 1.2% so far this year through Tuesday’s close

Toyota's electrification progress is notable, but short-term challenges remain