Solid first quarter of revenue growth but shares fall on higher spending plans.

MEXICO CITY--Mexican buildings materials company Cemex posted 13% higher net profit in the first quarter as revenue increased with higher prices offsetting lower sales volume in most markets. Cemex ...

Union Pacific logged slightly higher earnings in the first quarter despite lower revenue as it pared back operating expenses. The Omaha, Neb.-based freight railroad, a bellwether of the industrial ...

For 2024 the company ratcheted up its earnings projection to a range between $10.80 and $11.05 a share from a previous estimate range of between $10.65 and $10.90 a share. S&P Global raised its ...

Stock futures traded lower on Thursday and technology shares sank after Meta Platforms issued a disappointing outlook. It shares were down 13%. "All eyes turn towards Microsoft and Alphabet whose ...

Nestle India reported a rise in quarterly net profit on higher revenue and announced a new joint venture with Dr. Reddy's Laboratories. The Indian unit of food and beverage company Nestle said ...

Bristol-Myers Squibb cut its 2024 earnings projection even as the drug giant posted a narrower-than-anticipated first-quarter loss, reflecting the impact of product acquisitions for a company with a ...

Keurig Dr Pepper posted flat earnings and a small jump in sales in the first quarter as higher prices in its major beverages unit offset ongoing declines in its U.S. coffee business. The beverages ...

The defense contractor logged earnings of $944 million, or $6.32 a share, for the first quarter ended March 31, up from $842 million, or $5.50 a share, a year earlier. Analysts polled by FactSet had ...

The result of the rise in valuations of large-growth stocks is that they are now trading well above historical averages. And ...

GE Vernova backed its projection for 2024 revenue in a range between $34 and $35 billion, with the strongest rate of growth anticipated in the electrification unit.

Pernod Ricard posted a decrease in sales for its fiscal third quarter as it grapples with soft consumer sentiment in China and continues to reduce inventories in the U.S. The French distiller said ...