Equifax (EFX) reported its first-quarter earnings results yesterday after the market closed, and the stock has started tumbling as a result. It’s down more than 5% so far Thursday. The credit-scoring company brought in revenue of $1.389 billion while Wall Street was expecting at least $1.4 billion. Profits narrowly came in above expectations with [...]
Shares of United Airlines (UAL) are cruising higher after a solid first-quarter performance in which the airliner had to overcome a myriad of adversities. The stock is up 13% so far today after delivering a better-than-expected top and bottom line. Revenue of $12.54 billion represented a nearly 10% growth year over year and narrowly [...]
Delta Air Lines (DAL) delivered first-quarter earnings that came in above what analysts were expecting thanks to strong travel demand for the quarter. Better yet for shareholders, the airliner expects this trend to continue into the quarters ahead. The company brought in revenue of $12.6 billion, a record for the first quarter, compared to [...]
FedEx (FDX) is ending the week with a bang. The stock is up more than 8% Friday morning after the company beat the expectations for third-quarter earnings and announced a massive stock buyback program. The company did disappoint in revenue, with a 2% slip year over year to $21.7 billion. However, the bottom line [...]
Southwest Airlines (LUV) is down more than 19% in the past week as it is feeling the effects of Boeing’s ongoing safety concerns after a panel blew out of a 737 MAX 9 jet earlier this year. The airliner says that it will have to rethink its capacity for 2024 amidst the turmoil as [...]
Shares of Boeing Co. (BA) are down more than 3% to start the week after news of the US Justice Department’s criminal investigation broke. The airliner is being probed for its role in a recent near-disaster aboard a January 5 flight in which a door plug blew out, leaving a hole in the 737 [...]
Shareholders of Intuitive Machines (LUNR) were met with negative news to start the week, as the stock started Monday morning down more than 35%. This came after the company disclosed that its Odysseus moon lander was resting on its side on the face of the moon after tipping over. This is just one of [...]
Caterpillar Inc. (CAT) shared its results from the fourth quarter on Monday and shares made their way into the green after an impressive quarter of growth. In fact, the company set a new record for sales after nearly a century in business. Revenue of $17.07 set a new bar for Caterpillar, representing a 2.8% [...]
It’s been a tumultuous week for Spirit Airlines (SAVE) and its investors, as the stock plummeted more than 60% after a judge blocked a deal for the budget airliner to be acquired by competitor JetBlue Airways. It’s been rumored that the company could be headed toward bankruptcy. But, SAVE is turning things around to [...]
Plug Power Inc. (PLUG) is down more than 8% so far in Thursday’s trading session after the stock received a downgrade from a team of analysts at SIG Susquehanna. As economic challenges continue to mount, the company has been changed from positive to neutral. Biju Perincheril and a team of other analysts pointed to [...]
