(RTTNews) - McDonald's Corp. announced Monday weak profit in its second quarter, below market estimates, hit mainly by higher charges and lower Systemwide sales and comparable sales. The fast food major's total revenues were nearly flat, but it grew about 1 percent in constant currencies. In pre-market activity on the...

McDonald's Q2 Profit Falls, Misses Market As Comps Down

Inspire Medical Systems (INSP) shares rose Monday after the maker of an implanted device to treat sleep apnea released preliminary results and updated guidance that beat forecasts. The company said it expects to report second-quarter revenue of $195.9 million, a 30% jump from a year ago. The company's full results...

Sleep Apnea Device Marker Inspire's Stock Rises on Improved Outlook

Stellantis shares are plunging after the automaker reported results that lagged both analysts' and its own expectations as it struggles with excess inventory in North America. The owner of the Chrysler and Jeep brands said it is taking "decisive actions to address operational challenges" and reported a 48% year-over-year slump in first-half net profit.

Stellantis Stock Sinks as Profit Plunges

Reuters

(Reuters) -Philips reported second-quarter results that exceeded analysts' expectations on Monday thanks to cost savings, partly from job cuts, and flagged a big insurance payout linked to liability claims, sending its shares more than 10% higher.

Cost savings drive Philips' profit beat, flags insurance payout

Centene's second-quarter earnings report brought good financial news for the insurer as it posted $1.1 billion in profit and $39.8 billion revenue, both improvements over the $1.05 billion in profit and $37.6 billion revenue it logged in Q2 2023. Premium and service revenues increased 3% to $36 billion, up from...

Centene boasts $1.1 billion in profit in Q2

Lancaster County, PA

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NewsByJoshua

Fans of Frisco's Chicken were left reeling as the beloved Peruvian-style eatery announced the closure of all its locations in Lancaster County, Pennsylvania. The chain, known for its delicious food and strong community values, posted a heartfelt note on its doors, informing customers of the devastating news.

Favorite Chicken Chain Suddenly Closes All Stores, Heartfelt Message Found on Doors

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. Texas Roadhouse recently reported robust Q2 2024 earnings,...

Texas Roadhouse Posts Strong Q2 Earnings Growth

North Carolina State

Charlotte, NC

Town Talks

When it comes to grocery shopping, consumers often debate the prices at different stores. In North Carolina, two chains are particularly known for their higher prices:. Locations: 16 across North Carolina, predominantly in larger cities like Charlotte and Raleigh.

North Carolina Is Home To Two Of The Most Expensive Grocery Stores in America

California State

In a concerning trend for California, numerous large companies are gearing up for significant layoffs, affecting thousands of workers across various industries. According to the WARN Tracker, California has seen a staggering 37,086 WARN layoffs this year alone, impacting 713 businesses statewide.

Concerns Rise as Massive Layoffs Hit California

Here’s a story that’s making waves in the retail world: Conn's HomePlus, a well-known discount furniture chain, has just filed for Chapter 11 bankruptcy. And the news isn’t just about numbers—it’s about real people and places, so let’s dive into what’s happening.

Another retail giant has just filed for Chapter 11 bankruptcy and is shutting down several stores.

So, Ford's CEO Jim Farley dropped some pretty big news recently, and it might just shake up how we think about electric vehicles (EVs). Speaking at the Aspen Ideas Festival, Farley laid out what he sees as a necessary shift in the automotive industry—especially for those of us accustomed to big, powerful vehicles.

Ford CEO Jim Farley Warns of ‘Radical Change’ and Says EV Batteries Will ‘Never Be Affordable’

Illinois State

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Chicago, IL

Foodie in Chicago

MOD Pizza has over 500 locations across the country with 22 restaurants in Illinois. The Washington-based chain offers fast-casual fare known for its customized, artisan-style pizzas. Customers can choose from over 40 toppings and 8 sauces to create their own masterpiece.

Bankruptcy Looms for Major Pizza Chain With Chicago Suburban Locations

Eli Lilly has some exciting opportunities in weight loss in the future, but investors shouldn't overlook its impressive dividend. Broadcom's business is booming due to artificial intelligence, and that can lead to more rate hikes to its dividend. Mastercard's payout ratio remains remarkably low, despite it significantly increasing its dividend...

3 Dividend Growth Stocks That Have Doubled Their Payouts in 5 Years

The 2024 Summer Olympics take place in and around Paris through August 11. Businesses in the apparel, fashion, travel, and media industries stand to feel impact from the event. Nike and Ralph Lauren are among companies that have designed products that will be used by competitors in the Olympics. Airbnb...

5 Companies Feeling the Impact of the Paris Olympics

Shares of insurance company Enstar fell Monday after it agreed to be acquired by Sixth Street for $5.1 billion, or $338 per share. The per-share price is less than Enstar's closing price on Friday. Former Treasury Secretary Steven Mnuchin's firm, Liberty Strategic Capital, is part of the group that agreed...

This Insurance Company Agreed to Be Taken Private. Investors Don't Like the Deal

Alibaba reportedly will charge vendors on its Tmall and Taobao platforms a 0.6% service fee starting in September. Rival e-commerce firms PDD Holdings, JD.com, and TikTok-parent ByteDance have each made the switch to percentage fees in recent years. Shares of the company closed higher in Hong Kong and its American...

Alibaba Reportedly Switches To Percentage Fees for Merchants

Heartland Express recently released its Q2 earnings, which saw a net loss of $3.5 million. FreightWaves’ Todd Maiden writes, “This was Heartland’s fourth consecutive quarterly net loss when excluding one-time gains from the sale of real estate. It booked $25.6 million in gains from the sale of three terminals in the fourth quarter, which are viewed as nonrecurring benefits.”

Heartland Q2 earnings: Nowhere to go but up

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The HD Post

CALIFORNIA – Proposition 33, Justice for Renters Act, will be on the California ballot, November 5, for voters to decide on removing a rent control ban. According to Ballotpedia, a "yes" vote repeals the Costa-Hawkins Rental Housing Act (1995), which will allow cities and counties to limit rent on any housing.

Prop. 33 will allow California voters to decide on removing rent control ban

The tech-heavy Nasdaq plummeted by over 650 points on Wednesday, marking its worst performance of the year. This sharp decline followed the release of quarterly earnings reports from Tesla and Google parent Alphabet that came late Tuesday. Suggested Reading. As the ended, the Nasdaq fell 654 points, or 3.6%, while...

The Nasdaq plummets 650 points on its worst day of 2024 as Google and Tesla earnings drag down stocks

Alphabet Inc (GOOG) produced strong revenue and free cash flow results for Q2. However, GOOG stock is lower as the market did not like that its free cash flow (FCF) margins fell. Nevertheless, going forward, the stock still looks cheap based on analysts' sales forecasts and its FCF margin history.

Alphabet Shows Lower Free Cash Flow Based on AI Spending - But GOOG Stock Could Still Be Cheap

NewsBreak

Philips Surges as Comparable Sales Grow, Guidance Affirmed

Philips' American depositary receipts (ADRs) surged Monday after it reported second-quarter earnings that saw comparable sales rise year-over-year. Revenue met analysts' estimates, while profits fell just...

Philips Surges as Comparable Sales Grow, Guidance Affirmed

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