— The airline's stock jumped nearly 5% on the back of better-than-expected earnings. JetBlue posted adjusted earnings per share of 59 cents. Analysts polled by Refinitiv expected a profit of 51 cents a share. "We are just beginning to see the benefits of our revenue, cost, fleet and capital allocation efforts," CEO Robin Hayes said in a statement.— Shares of UPS fell about 2.5% after the carrier reported quarterly revenues of $18.32 billion, just missing consensus expectations.
— The Milwaukee-based motorcycle manufacturer rallied more than 6% after it surprised investors Tuesday with earnings results well ahead of expectations. Harley-Davidson reported earnings per share four cents ahead of forecasts, driven by a smaller-than-expected U.S. sales decline and a 2.7% climb in international revenues.— Shares of toy company Hasbro tanked 13% after falling short of expectations for its third-quarter earnings. Hasbro earned $1.
McDonalds is about to get 28 billion in subsidies (welfare) for it's products. Damn right it's shares should be more valuable.
I got news for you. UPS is soooooooo slow this year. Volume is way down. They had already told their seasonal drivers to take several days off due to low volume which has never happened. They are not going to do good this year. Trailers are moving with 40% loads vs 100% last yr
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Source: CNBC - 🏆 12. / 72 Read more »
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