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Honeywell faces $500 million tariff impact, but Kapur says mitigation in place
Investing.com -- Honeywell International Inc (NASDAQ:HON) disclosed it expects up to $500 million in tariff-related exposure this year, largely driven by rising tensions with China, but its leadership
Investing.com
Apr 29, 2025
Fomento Economico Mexicano SAB de CV reports results for the quarter ended March 31 - Earnings Summary
Fomento Economico Mexicano SAB de CV FMX.N reported quarterly adjusted earnings of $1.23 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 97 cents. The mean expectation of four analysts for the quarter was for earnings of 63 cents ...
Reuters
Apr 29, 2025
Wells Fargo rises after announcing $40 billion stock buyback program
** Wall Street giant Wells Fargo's WFC.N shares rise as much as 2.2%; last up 1.3% at $70.30** WFC announces new stock repurchase program of up to $40 billion, which will take effect upon the completion of the current repurchase program** Wall Street expects buyback activity to accelerate throug...
Reuters
Apr 29, 2025
EMERGING MARKETS-Latam assets inch up as Trump seeks to soften auto tariffs
Latam stocks 0.6%, FX up 0.2%Chile's interest rate decision due later in the dayTrump set to ease auto tariffs By Pranav Kashyap April 29 (Reuters) - Latin American markets were cautiously trading higher on Tuesday as investors weighed the implications of the White House's plans to soften...
Reuters
Apr 29, 2025
Wall Street's winners and losers during Trump's 100 days at White House
By Shashwat Chauhan and Medha Singh April 29 (Reuters) - The dramatic shift in U.S. domestic and foreign policy since President Donald Trump returned to the White House on January 20 has sent shockwaves across global financial markets.Trump's multi-front trade war and constant flip-flops on t...
Reuters
Apr 29, 2025
Truckmaker PACCAR's first-quarter results slump on sluggish demand
April 29 (Reuters) - U.S. truckmaker PACCAR PCAR.O reported a decline in its first-quarter revenue and profit on Tuesday, hurt by a bumpy freight market in the face of tariff-related uncertainties, sending its shares down 8% in early trading.The company, grappling with an excess supply of equipment ...
Reuters
Apr 29, 2025
Volaris downgraded by analysts on macro risks, weak U.S.-Mexico demand
Investing.com -- Shares of Mexican low-cost carrier Volaris were downgraded by Barclays (LON:BARC) and Morgan Stanley (NYSE:MS) to Equal Weight given the weakening demand on U.S.-Mexico routes and
Investing.com
Apr 29, 2025
Why Honeywell Stock Is Up Today
Honeywell International (NASDAQ: HON) reported first-quarter earnings that topped expectations and the company raised its full-year profit forecast. Investors were pleased, sending Honeywell shares up 5% as of 10:30 am ET.Strong results in a tough marketHoneywell, an industrial conglomerate focused ...
The Motley Fool
Apr 29, 2025
Royal Caribbean raises annual profit target on strong demand, lower fuel costs
By Anuja Bharat MistryApril 29 (Reuters) - Royal Caribbean RCL.N raised its annual profit forecast on Tuesday, benefiting from strong bookings for its high-end itinerary offerings as well as easing fuel costs.Growing interest in high-end leisure travel among consumers, especially millennials and Gen...
Reuters
Apr 29, 2025
Smithfield Foods jumps after higher Q1 profit
** Smithfield Foods SFD.O shares jump ~6% to $21.1** Company posts Q1 adjusted earnings per share of 58 cents, compared with 32 cents, a year earlier** Smithfield's Q1 packaged meats unit sales up 1.2% to $2 bln** At Monday's close, SFD's stock had gained ~0.8% since its Nasdaq debut in ...
Reuters
Apr 29, 2025
UPS warns of "enormous" trade disruption as US-China tensions escalate
Investing.com -- United Parcel Service (NYSE:UPS) executives issued stark warnings about the impact of escalating trade tensions between the United States and China during the company’s first-quar
Investing.com
Apr 29, 2025
European first-quarter corporate profits seen falling 1.7% as trade war tensions abate
April 29 (Reuters) - The outlook for European corporate health has improved, the latest earnings forecasts showed on Tuesday, amid optimism over potential U.S. trading deals with key trading partners, especially China.European companies are expected to report a drop of 1.7% in first-quarter earnings...
Reuters
Apr 29, 2025
Gold miners fall on easing trade tensions
** Shares of gold miners fall, tracking drop in bullion prices GOL/** Spot gold XAU= down 1.2% at $3,300.57/oz on softening trade tensions** Newmont NEM.N falls 1.3% and Barrick Gold ABX.TO down ~1 ** South Africa's Gold Fields GFI.N falls 1.1%, AngloGold Ashanti AU.N dips 1.3% and Harmony...
Reuters
Apr 29, 2025
US STOCKS-S&P 500, Nasdaq inch down on Sino-US trade war developments, earnings
Indexes: Dow up 0.28%, S&P 500 down 0.08%, Nasdaq off 0.17%Honeywell gains after rise in Q1 profit General Motors pulls forecast on tariff uncertainty HSBC slashes S&P 500 year-end targetBy Lisa Pauline Mattackal and Purvi Agarwal April 29 (Reuters) - The S&P 500 and the Nasdaq ed...
Reuters
Apr 29, 2025
Zebra Technologies rises after Q1 profit beat
** Shares of barcode scanner maker Zebra Technologies ZBRA.O rise 5.1% at $256.** Co beats Q1 profit estimate on the back of strong demand and tight cost control** It reports Q1 adj. EPS of $4.02 beating Wall Street expectations of $3.62 - data compiled by LSEG** However, ZBRA becomes the latest fir...
Reuters
Apr 29, 2025
Eagle Bancorp Montana Inc reports results for the quarter ended March 31 - Earnings Summary
Eagle Bancorp Montana Inc EBMT.OQ reported quarterly adjusted earnings of 41 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 24 cents. The mean expectation of three analysts for the quarter was for earnings of 32 cents per s...
Reuters
Apr 29, 2025
Grupo Aeroportuario del Centro Norte SAB de CV reports results for the quarter ended March 31 - Earnings Summary
Grupo Aeroportuario del Centro Norte SAB de CV OMAB.OQ reported quarterly adjusted earnings of $1.31 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $1.32. The mean expectation of three analysts for the quarter was for earnings of ...
Reuters
Apr 29, 2025
Altria up after upbeat Q1 results on demand for smoking alternatives
** Shares of Marlboro maker Altria MO.N up 1.5% at $59.11 in early trade** Co beats estimates for Q1 sales and profit, helped by rising demand for its smoking alternatives, such as on! nicotine pouches and NJOY vapes** However, flags an $873 million impairment at its e-cigarette business, where ship...
Reuters
Apr 29, 2025
Paccar falls on lower Q1 profit
** Truck maker Paccar PCAR.O shares down 5.3% to $87 in early trade ** Co posts a decline in Q1 profit on lower truck and parts sales during the quarter** Co posts Q1 adj. profit of $1.46/share as compared to $2.25/share posted in the same period last year ** However, Q1 revenue was $7.44 bln as com...
Reuters
Apr 29, 2025
SoFi rises to near two-month high after lifting FY revenue forecast
** Personal finance app SoFi Technologies' SOFI.O shares climb 4% at $13.76 in early trading as co lifts FY rev forecast ** Co raises adj revenue forecast to be between $3.24 bln to $3.31 bln, from $3.20 bln to $3.28 bln** Reports Q1 adj net revenue of $770.7 mln, surpassing estimates of $739 ml...
Reuters
Apr 29, 2025
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