UPS customers are trading down, another signal from the second-quarter earnings season about the search for value options across the U.S. economy. CFO Brian Dykes said on a conference call that UPS "saw customers shift from air to ground and from ground to SurePost." A range of companies have highlighted...

UPS Customers Are Trading Down

Reuters

(Reuters) -Chipotle Mexican Grill surpassed Wall Street estimates for quarterly sales and profit on Wednesday as demand for its rice bowls and burritos held up even as prices increased.

Chipotle tops quarterly estimates, warns of margin pressure going forward

The Motley Fool

GD earnings call for the period ending June 30, 2024.

General Dynamics (GD) Q2 2024 Earnings Call Transcript

GE Vernova reports earnings as a standalone company for the second time Wednesday, with analysts expecting the company to post its first quarterly profit. The energy unit of the former General Electric conglomerate reported a net loss in the first quarter, as GE Vernova's wind division dragged on the company's results.

What You Need To Know Ahead of GE Vernova's Earnings

The Associated Press

UPS boosted its volume in the U.S. for the first time since 2022 during its second quarter, but profit and revenue fell short of Wall Street expectations, partly due to a hefty charge. Shares dropped more than 13% at the opening bell Tuesday. CEO Carol Tome said the package delivery company returned to volume growth in the U.S. during the quarter for the first time in nine quarters. “This quarter was a significant turning point for our company,” Tome said in a prepared statement. 

UPS boosts volume in US for first time since 2022, but profit and revenue slide

Business Times

AT&T, one of the largest telecom operators in the United States, reported second-quarter results on Wednesday that exceeded Wall Street's expectations for wireless subscriber additions, driven by strong demand for its higher-tier unlimited plans. This news sent the company's shares up by 4% in premarket trading.

AT&T Beats Expectations with Subscriber Surge, But Faces Challenges

Austin, TX

(Reuters) - Philip Morris International pushed the test-launch of its heated tobacco device, IQOS, in the U.S. to the fourth quarter on Tuesday and lowered its annual forecast for the heated tobacco business.

Philip Morris delays U.S. heated tobacco device pilot to fourth quarter

Virginia State

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Ronkonkoma, NY

Cheryl E Preston

The New York Post reveals that two men who died in a plane crash at MacArthur Airport were from Virginia. The men had been visiting friends in Long Island and were returning home when the tragedy occurred.

Life partners from Virginia have been identified as the victims of a New York plane crash

Keurig Dr Pepper's second-quarter earnings and revenue met Wall Street's expectations. The company's U.S. coffee division struggled, while its domestic refreshment division saw higher sales, thanks to price increases. The beverage giant also reiterated its full-year outlook. Shares of the company rose 2% in premarket trading. Here's what the company...

Keurig Dr Pepper earnings meet estimates as higher prices fuel U.S. soda sales

Washington State

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Timothy A Gruver

The Washington State Board of Nursing has suspended the registered nurse and advanced registered nurse practitioner licenses of Percy Lynchard III, the Washington Department of Health reported on Friday.

Nurse's Licenses Suspended for Improper Rx: Investigation Reveals Substandard Care

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More. Overall, Old Dominion's quarter was stable, reflecting its...

Old Dominion Earnings Growth Back in Double-Digits

After Google parent Alphabet (GOOGL) reported second-quarter results that beat analysts' expectations driven by Google Cloud and search strength, executives updated investors on the company's investments in artificial intelligence (AI), outlook, and more. CEO Sundar Pichai Says Risk of Underinvesting in AI Outweighs Overinvesting Fears. As big tech companies boost...

4 Key Takeaways From Google Parent Alphabet's Earnings Call

UPS shares tumbled Tuesday after the shipping giant reported second-quarter profits plunged over 30% from a year ago and missed analysts' estimates. The company, and its shipping rival FedEx, have seen demand fall amid a pullback from pandemic highs for package deliveries. UPS also narrowed its revenue outlook and lowered...

UPS Stock Dives as Profits Drop Over 30%

IQVIA Holdings (IQV) beat second-quarter earnings expectations and raised its full-year outlook on Monday, sending shares higher. The life sciences clinical research and analytics organization posted adjusted earnings per share (EPS) of $2.64, topping analysts’ expectations of $2.57, per Visible Alpha. Revenue was $3.81 billion, above projections of $3.79 billion.

IQVIA Stock Pops After It Beats Q2 Earnings Estimates

General Motors on Tuesday disclosed a surprising loss in China when reporting its second-quarter earnings. GM also took a more than $600 million charge for its struggling Cruise autonomous vehicle unit. The China and Cruise charge news were in opposition to higher GM revenue and profit for the period that...

General Motors Posts China Loss, Takes $600 Million Charge for Its Cruise Unit

NEW YORK - Interpublic Group of Cos. (NYSE: IPG) reported a slight earnings beat for the second quarter, with adjusted EPS coming in at $0.61, modestly surpassing the analyst estimate of $0.59. The company's revenue matched the consensus estimate, standing steady at $2.33 billion. Following the announcement, shares of the...

Interpublic posts mostly in-line Q2 results, shares up nearly 2%

Kiplinger

The S&P 500 and Nasdaq also scored wins Tuesday albeit with much smaller gains than the blue chip Dow.

Stock Market Today: Dow Spikes 742 Points After UnitedHealth Earnings

Shares of French fry company Lamb Weston plunged to multiyear lows today, hit by a downbeat quarter and year-ahead outlook. People are still buying fries at restaurants, the company said, but they're eating out less. Lamb Weston hopes fast-food meal deals get restaurant traffic back up in the year ahead.

This French Fry Maker Really Needs People To Go to Restaurants More Often

Danaher's second-quarter results beat analysts' expectations on both profit and revenue. CEO Rainer Blair cited "positive momentum" in Danaher's bioprocessing business and "strong performance" in molecular testing subsidiary Cepheid. Danaher affirmed its guidance that non-GAAP core revenue will decline by a low-single-digit percentage year-over-year. Danaher Corp. (DHR) beat analysts' expectations...

Danaher Stock Soars on Q2 Earnings Beat

Chipotle Mexican Grill said its restaurant traffic increased 8.7% in the second quarter. The restaurant company beat Wall Street's estimates for its quarterly earnings and revenue. Chipotle reiterated its full-year outlook for same-store sales growth. Shares of the company rose about 13% in extended trading before losing most of those...

Chipotle earnings and revenue top estimates, restaurant traffic rises again

NewsBreak

General Dynamics Posts Higher Q2 Aircraft Deliveries

General Dynamics reported 18% year-over-year revenue growth and EPS growth of over 20%. Revenue of $11.98 billion beat analysts' estimates but earnings per share (EPS) of...

General Dynamics Posts Higher Q2 Aircraft Deliveries

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