Tag: Earnings
GM reports 2.2% decrease in third-quarter sales, but EVs make gains
GM's 2024 Chevrolet Equinox EV during a media launch event for the vehicle in Detroit, May 16, 2024.Michael Wayland / CNBCDETROIT — Increases...
Darden Restaurants earnings disappoint as Olive Garden, fine dining sales struggle
A sign hangs on the front of an Olive Garden restaurant on June 22, 2023 in Chicago, Illinois.Scott Olsen | Getty ImagesDarden Restaurants...
NYC Startup Touts Automated Deal Modeling Aimed at Overworked Junior Bankers
Wall Street has a reputation for overworking its junior bankers with cumbersome deal calculations, multiple spreadsheet revisions and copious slide deck formatting. A...
Cedi Ready for Rebound on High Real Rates, Societe Generale Says
Ghana’s cedi looks ripe for a rebound after hitting a new low against the dollar, helped by high interest rates, a better outlook...
Stocks making the biggest moves after hours: Adobe, RH, Oracle and...
Horacio Villalobos | Corbis News | Getty ImagesCheck out the companies making headlines in extended trading:Adobe — Shares plunged more than 10% after...
Jack Ma-Backed Ant Is Refinancing a Credit Line of $6.5 Billion
Jack Ma-backed Ant Group Co. is refinancing an offshore credit line that will reach $6.5 billion, as it expands its global operations, according...
BYD Lifts Annual Sales Target to 4 Million EVs, Plug-in Hybrids
Chinese electric-vehicle maker BYD Co. has raised its annual sales forecast thanks to a surge in purchases of plug-in hybrid vehicles.The Shenzhen-based EV...