Southwest Exits Airports as Boeing Delays Hit Growth Plans
Southwest Airlines is pulling out of some airports and cutting costs as it grapples with lackluster earnings.
Merck's first-quarter results beat expectations amid healthy vaccine-sales growth
Merck on Thursday reported first-quarter results that beat analysts' expectations amid strong sales of vaccines and cancer drug Keytruda.
Honeywell Earnings Beat Estimates as Aerospace Shines
Thursday morning, Honeywell reported adjusted first-quarter earnings of $2.25 from sales of $9.1 billion. Wall Street was looking for EPS of $2.17 from sales of $9 billion,
BHP Seeks Mining Megadeal With $39 Billion Anglo American Bid
The mining giant has offered to buy its longtime rival in a deal that could reshape the global industry.
LG Electronics Posts Profit Turnaround on Steady Revenue Growth
The South Korean company saw steady revenue growth at its home-appliance and vehicle-component businesses, and forecasts a gradual recovery in global demand for consumer electronics this year.
Micron Gets $6.1 Billion to Build Three New Facilities
The government grant will fuel up to $125 billion in investment by Micron in New York and Idaho over the next 20 years, U.S. officials said.
Meta's License to Spend on AI Gets Checked
The Facebook parent's capital expenditures this year will rival outlays from Google and Microsoft, but advertising growth is slowing.
Mercer Raises $3.9 Billion for Multi-Asset Private Capital Fund
Private Investment Partners VII is designed to provide broad private markets exposure to investors that lack the internal resources to identify the best managers.
Cnooc Posts Record Net Profit on Higher Oil Price, Production
Cnooc reported a record high net profit for the first quarter, supported by increased efforts in oil and gas exploration, and steady growth in net oil and gas production.
BNP Paribas Confirms Outlook After Earnings Beat
BNP Paribas backed its guidance for 2024 as it reported better-than-expected first-quarter earnings despite some weakness in its fixed income unit.
(END) Dow Jones Newswires
04-25-24 0715ET
