New York CNN — Union Pacific, one of the major freight railroads that successfully fought off union demands for paid sick days for workers during contentious labor negotiations in 2022, reported another…
Tag: earnings
3M to Cut Jobs as Demand for Its Products Weakens
3M Co. said it is cutting 2,500 manufacturing jobs globally as the company confronts turbulence in overseas markets and weakening consumer demand. The maker of Scotch tape, Post-it Notes and thousands of…
Danaher’s stock drop looks like a buying opportunity after it reported a solid quarter
Life sciences and medical diagnostics company Danaher (DHR) reported better-than-expected earnings and revenue for the fourth quarter. We view the dip in the stock as unjustified and an opportunity. Revenue increased nearly…
Wall Street totters after mixed earnings, trade halt glitch
SEC investigating NYSE opening bell glitch 3M slides on downbeat Q1 forecast J&J falls on sales warning; GE down on weak profit view Microsoft to report quarterly earnings after market close Indexes:…
Verizon Earnings Guidance For 2023 Misses Estimates
Verizon Communications (VZ) on Tuesday reported fourth-quarter adjusted earnings that met estimates, but its 2023 earnings outlook missed. VZ stock fell amid expectations that more aggressive wireless promotions, mainly smartphone subsidies, will…
The ‘Mother of all bubbles’ has popped. This strategist sees a Fed-fueled recession in 2023.
If you think the Federal Reserve wouldn’t dare keep interest rates high and risk throwing the U.S. economy into recession, Keith McCullough would like to have a chat with you. He’s convinced…