Columbus, OH

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%

Shares in fast casual restaurant Chipotle Mexican Grill jumped in extended trading Wednesday after the burrito maker reported second-quarter results that came in above Wall Street’s expectations. Following a correction of around 24%, Chipotle shares appear to have found support near a trendline linking prior price action and the...

Watch These Chipotle Price Levels as Stock Jumps After Strong Earnings Report

Company executives offer positive sentiment and plan to expand domestically and internationally. Chipotle Mexican Grill will report earnings after the market opens Wednesday. The company’s has exceeded revenue and earnings-per-share estimates two quarters in a row. This quarter, the consensus estimate call for earnings per share of $0.32 on...

Chipotle Earnings Preview: Over 7% Stock Move Expected

International Business Machines (IBM) beat analysts’ expectations on the top and bottom lines with its second-quarter results Wednesday, sending shares higher in aftermarket trading as CEO Arvind Krishna pointed to the company’s expanding artificial intelligence (AI) business. The company posted diluted earnings per share of $1.96 on revenue...

Earnings Beat and AI Growth Lift IBM Stock

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

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

A record number of drivers are shopping around for the best auto insurance rate, according to a new survey by J.D. Power. Inflation has pushed up the cost of maintaining a car, causing auto insurance prices to increase by 19.5% over the past year. Many drivers have switched their insurance...

More People Shop Around For Cheaper Auto Insurance As Inflation Pushes Rates Up

Coca-Cola is raising its full-year sales guidance after a stronger-than-expected second quarter boosted by continued price increases. The Atlanta beverage giant said Tuesday it now expects organic sales to grow between 9% and 10% this year, up from 8% to 9% previously. One standout was Coca-Cola Zero Sugar, which saw a 20% jump in global volume sales.

Coca-Cola raises full-year sales guidance after stronger-than-expected second quarter

Vista Outdoor said it received an increased offer for its Kinetic Group ammunition unit from Prague-based Czechoslovak Group. The bid was raised by $50 million to $2.15 billion, which Vista is recommending shareholders accept. The move came as private equity firm MNC Capital Partners stood by its $42-per-share offer for...

Vista Outdoor Gets Higher Offer for Ammunition Unit Amid Bidding War

Chicago, IL

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Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Indiana State

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Franklin, IN

NewsByJoshua

A wave of closures is hitting Pizza Hut, a pizza chain known for its iconic slanted-roof buildings, with 6,775 locations feeling the pinch in the tough restaurant industry landscape.

A well-known pizza chain with over 6K locations has begun closing some of its stores

Microsoft is set to report fiscal fourth-quarter earnings after the closing bell Tuesday, July 30. Analysts expect the company to report year-over-year revenue and earnings growth. Investors will be watching for sustained growth in Microsoft's Azure cloud platform business. Microsoft could also provide investors with updates on its artificial intelligence...

What You Need To Know Ahead of Microsoft's Earnings Report

California State

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The HD Post

CALIFORNIA – Plaintiffs, in a case against Wells Fargo alleging that the bank knowingly took part in a marketing scam, asked the court, July 8, not to grant a motion for summary judgment.

Class action lawsuit says Wells Fargo customers lost over $160 Million

The Associated Press

NEW YORK (AP) — U.S. stocks are ticking higher Tuesday as earnings reporting season ramps up for big companies. The S&P 500 was up 0.3% in midday trading and on track for a second straight gain after breaking a three-day losing streak. The Dow Jones Industrial Average was up 95 points, or 0.2%, as of noon Eastern time, and the Nasdaq composite was 0.4% higher.

Stock market today: Wall Street ticks higher as a torrent of earnings reports begins

Kentucky State

Northern Kentucky Tribune

Kentucky’s medical cannabis program has taken significant steps toward ensuring those with qualifying conditions have access to medical cannabis as soon as possible, said Gov. Andy Beshear this week.

State to open licensing applications for medical cannabis businesses beginning July 1

GE Vernova's net income for the second quarter came in well above expectations as the energy company reported a quarterly profit for the first time as a standalone company. The company completed its split from GE Aerospace earlier this year, ending the breakup of the former General Electric conglomerate. The...

GE Vernova Reports Profitable Quarter for First Time as Standalone Company

The Independent

Major stocks fell dramatically Wednesday after several companies reported disappointing earnings, sparking a tech selloff and the biggest Wall Street bloodbath in nearly two years. By market close, the Nasdaq had dropped a whopping 3.6 percent and the S&P 500 was down 2.31 percent – the worst single-day decline for either index since October and December 2022, respectively. The Nasdaq sat at 17342.41 at market close, while the S&P 500 sat at 5,427.13Even the Dow Jones saw a 504.2-point drop – or more than 1 percent - to 39,853.87.The decline can be attributed to disappointing second-quarter results from Tesla and...

Nasdaq takes biggest dive in nearly 2 years as tech earnings spark selloff

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

Chicago Star Media

Tesla stock fell approximately 12% Wednesday after the electric vehicle (EV) manufacturer released its second quarter results, showing a 40% drop in profits compared to this time last year, according to multiple reports.

Tesla stock drops by 12 percent after disappointing second quarter earnings

NewsBreak

Chipotle Stock Surges as Earnings, Revenue Top Estimates

Chipotle Mexican Grill shares surged in extended trading Wednesday after the restaurant chain reported better-than-expected results for the second quarter. The chain's revenue and earnings grew...

Chipotle Stock Surges as Earnings, Revenue Top Estimates

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