WASHINGTON (Reuters) – U.S. planemaker Boeing faces a “long road” to address safety issues, the head of the Federal Aviation Administration said on Thursday as
Month: May 2024
Medtronic beats quarterly profit estimates on medical devices strength
(Reuters) -Health tech firm Medtronic beat Wall Street estimates for quarterly profit and revenue on Thursday, as a post-pandemic pickup in surgical volumes at hospitals
Medtronic beats fourth-quarter estimates on strength in medical devices
(Reuters) -Health tech firm Medtronic beat Wall Street estimates for quarterly profit and revenue on Thursday, as a pickup in surgical volumes at hospitals lifted
Nasdaq jumps as Nvidia results drive up chip stocks
By Ankika Biswas and Lisa Pauline Mattackal (Reuters) – The tech-heavy Nasdaq and the benchmark S&P 500 opened at record highs on Thursday as chip
Biogen to buy Human Immunology Biosciences for up to $1.8 billion deal
(Reuters) -Biogen said on Wednesday it had agreed to buy privately held Human Immunology Biosciences for up to $1.8 billion, gaining access to targeted therapies
Off-price retailer TJX posts upbeat Q1, lifts annual profit view on robust demand
By Anuja Bharat Mistry (Reuters) -TJ Maxx parent TJX Cos posted better-than-expected first-quarter results and raised its annual profit forecast on easing costs and strong
Target issues weak forecast as shoppers pull back; shares tumble
By Siddharth Cavale and Ananya Mariam Rajesh (Reuters) -Target on Wednesday said it expects consumer caution to persist after it reported quarterly earnings that missed
Goldman Sachs CEO says Fed unlikely to cut rates this year
By Suzanne McGee BOSTON (Reuters) – Goldman Sachs CEO David Solomon said on Wednesday he does not expect the Federal Reserve to cut interest rates
AutoZone’s quarterly profit beats estimates on demand for car parts
(Reuters) – AutoZone beat estimates for third-quarter profit on Tuesday, driven by strong demand for automotive parts as more Americans held on to their ageing
Robinhood lowers interest rate on margin loans in growth push
By Niket Nishant (Reuters) – Trading app Robinhood Markets is lowering the rate of interest it charges on its margin loans, it said on Tuesday,