Can U.K. stocks get any less love on the global stage? Allocation to British equities dropped to a net 28 percent underweight in a Bank of America Merrill Lynch survey of global fund managers released Tuesday, the biggest drop since May 2016. It is no wonder: in dollar terms, the country’s shares have plunged to the lowest versus global equities since the 1970s, according to MSCI indexes.
Nasa says its most distant probe is once again sending usable information back to Earth.
Demonstrators at NYU and Yale are arrested while Columbia cancels in-person classes for safety.
FORT WORTH, Texas, April 23, 2024--GENERAL MOTORS FINANCIAL COMPANY, INC. ("GM Financial" or the "Company") announced net income of $536 million for the quarter ended March 31, 2024, compared to $532 million for the quarter ended December 31, 2023, and $584 million for the quarter ended March 31, 2023.
General Motors on Tuesday posted quarterly results that topped Wall Street targets and raised its annual forecast, citing stable pricing and demand for its gas-engine vehicles. “Our consumer has been remarkably resilient in this period of higher interest rates,” GM's chief financial officer, Paul Jacobson, said. While the company started 2024 strong, Chief Executive Mary Barra still has two large challenges ahead: turning around GM's shrinking sales in China, and salvaging Cruise, its robotaxi unit.
Despite a small dip in U.S. vehicle sales, General Motors' first-quarter net income rose more than 25% on strong deliveries of pickup trucks and other higher-profit vehicles. The Detroit automaker said that while its average sales price per vehicle was down slightly from last year at just under $50,000, pickup sales remained strong, and it's not seeing the price erosion across its lineup that other companies have experienced. GM on Tuesday said it made $2.97 billion from January through March, with revenue increasing 7.6% over the same period a year ago to just over $43 billion.
More money, more problems?
From Baby Reindeer to the adaptation of David Nicholls' bestseller One Day, these are the best British TV shows to watch now.
CSX ( NASDAQ:CSX ) First Quarter 2024 Results Key Financial Results Revenue: US$3.68b (flat on 1Q 2023). Net income...
GREENEVILLE, Tenn., April 23, 2024--Forward Air Corporation (NASDAQ: FWRD) ("Forward" or the "Company") today announced that Shawn Stewart has been named Chief Executive Officer and a Director of the Board, effective April 28, 2024. Michael Hance, who served as Interim CEO, will continue to serve as Chief Legal Officer and Secretary.
MELVILLE, N.Y., April 23, 2024--Henry Schein Medical, the U.S. medical business of Henry Schein, Inc. (Nasdaq: HSIC), announced today that Aline Valiengo, Head Athletic Trainer and Director of Sports Medicine for Coconut Creek High School in Florida, is the winner of the fourth annual Henry Schein Medical Athletics and Schools Rising Star Award. The award celebrates emerging athletic trainers with one to five years of experience in the Sports Medicine industry.
SANTA ANA, Calif., April 23, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”), a global supplier of innovative electronic and structural solutions for the aerospace & defense industry, today announced that it has been recognized as part of an elite group of top performing suppliers by Lockheed Martin Aeronautics (NYSE:LMT) for 2023 as a recipient of the Elite Supplier Award. The recognition is based on Ducommun having achieved outstanding performance level
SOUTHFIELD, Mich., April 23, 2024--Eaton today announced it has been chosen to supply electromechanical variable valve actuation technology to Great Wall Motor.
The auto maker now sees an operating profit of about $13.5 billion, up from prior guidance of $13 billion and above the $12.4 billion earned last year.
ATLANTA, April 23, 2024--PulteGroup, Inc. (NYSE: PHM) announced today financial results for its first quarter ended March 31, 2024. For the quarter, the Company reported net income of $663 million, or $3.10 per share. Reported net income for the quarter includes a $38 million pre-tax, or $0.14 per share, gain related to the sale of a joint venture, and a $27 million pre-tax, or $0.09 per share, insurance benefit recorded in the period. In 2023, the Company reported net income of $532 million, or
NEWPORT BEACH, Calif., April 23, 2024--Clean Energy Fuels Corp. (Nasdaq: CLNE) today announced its latest renewable natural gas (RNG) facility at Victory Farms Dairy in Revillo, South Dakota, has successfully completed construction and is injecting pipeline quality RNG into the interstate natural gas infrastructure.
BEIJING, April 23, 2024 (GLOBE NEWSWIRE) -- Cheer Holding, Inc. (NASDAQ: CHR) ("Cheer Holding," or the "Company"), a leading provider of advanced mobile internet infrastructure and platform services, today announced that its subsidiary Glory Star (Beijing) Media Co., Ltd. (“Cheer Media”)has been recognized as an Innovative Small and Medium Enterprise (SME) by the Beijing Municipal Bureau of Economy and Information Technology. Innovative SMEs are enterprises that are technology and innovation-dri
NEW YORK, April 23, 2024--JetBlue Airways Corporation (NASDAQ: JBLU) today reported its financial results for the first quarter of 2024.
MILAN, April 23, 2024--Ermenegildo Zegna N.V. (NYSE:ZGN) (the "Company" and, together with its consolidated subsidiaries, the "Ermenegildo Zegna Group" or the "Group") today announced unaudited revenues of €463.2 million for the first quarter of 2024, +8.1% year-on-year (YoY) from €428.3 million in the first quarter of 2023 (+10.7% at constant currency and -5.3% on an organic growth basis4.)
Major molasses market participants include International Molasses Corporation, Ltd., Archer Daniels Midland Company (ADM), Crosby Molasses Company, Wilmar International, Nippon Beet Sugar Manufacturing Co., Ltd., Bunge Limited, American Crystal Sugar Company, Cargill Incorporated, Spreckels Sugar Company, Louis Dreyfus Company, and Amalgamated Sugar Company.Selbyville, Delaware, April 23, 2024 (GLOBE NEWSWIRE) -- The molasses market valuation is predicted to exceed USD 22.6 billion by 2032, as r
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