August 10 Premarket Briefing: 10 Things You Should Know
U.S. stock futures are rising as investors look forward to a big earnings day for food stocks and digest Warren Buffett's biggest acquisition yet.
European Stocks Mixed as Greek Bailout Details Near
European stocks were mixed on Monday amid continued bailout talks between Greece and international creditors. Mining stocks slumped on disappointing economic news out of China.
Pfizer Stock Active As Soft Covid Vaccine Sales Outlook Mars Q4 Earnings Beat
"As we turn to 2023, we expect to once again set records, with potentially the largest number of new product and indication launches that we’ve ever had in such a short period of time," said CEO Albert Bourla.
UPS Earnings Top Street Forecasts On Margin Focus, Revenues Miss; New $5 Billion Share Buyback Unveiled
UPS topped Street forecasts for its fourth quarter earnings, but a slump in international deliveries kept revenue gain in check.
General Motors Stock Surges As Earnings Blast Street Forecasts; Sees Robust 2023 Profits
GM blasted Street profit forecasts with adjusted earnings of $2.12 per share on revenues of $43.1 billion.
Exxon Mobil Posts Record $56 Billion 2022 Profit, Beats Q4 Forecasts As Crude Surges
“While our results clearly benefited from a favorable market, the counter-cyclical investments we made before and during the pandemic provided the energy and products people needed," said CEO Darren Woods.