July 28 PayPal doubled down on its turnaround plan on Tuesday, raising its 2026 profit forecast and outlining cost-saving steps, as it looks to convince investors that it is worth more than the $53 billion takeover offer that analysts described as "low-ball". The payments
The sports car maker will reduce its workforce through attrition and voluntary measures while investing €2.1bn in key sites. Porsche will eliminate 9,000 positions by 2035, adding 5,000 cuts to its existing reduction plan. The company aims to achieve this without forced di
Barclays raised its 2026 income goal to £31.5 billion and announced £2.3 billion in shareholder returns after strong second-quarter earnings. Barclays posted a 30% rise in second-quarter profit before tax to £3.3 billion, driven by income growth to £8.3 billion and a 16.1%
KO reports $0.97 non-GAAP EPS and $13.4 billion revenue, exceeding expectations by $0.04 and $230M respectively. Coca-Cola posted second-quarter non-GAAP earnings per share of $0.97, surpassing estimates by $0.04, as revenue rose 7.2% year-over-year to $13.4 billion. The b
Quick Read - Micron (MU) dropped 13% around the IPO but UBS raised its price target to $1,625, citing a structurally durable HBM supply imbalance. - CXMT earns 98% of revenue from commodity DRAM with no HBM presence, leaving it at least a generation behind Micron in AI memory. -...</stron
The advisory firm reported $1.97 non-GAAP EPS and $486M revenue, exceeding analyst expectations by $0.40 and $61M respectively. PJT Partners posted second-quarter non-GAAP earnings per share of $1.97, surpassing estimates by $0.40, as revenue rose 19.4% year-over-year to $
Vanguard’s VDC offers lower fees and broader diversification, while First Trust’s FTXG delivers a higher dividend yield of 2.59%. The Vanguard Consumer Staples ETF (VDC) charges an expense ratio 0.51 percentage points lower than the First Trust Nasdaq Food & Beverage ETF (
The energy company increases its dividend by 5% to $0.525, marking a yield of 2.31% for shareholders. HF Sinclair (DINO) announced a 5% increase in its quarterly dividend to $0.525 per share, up from the prior $0.500. The new dividend yields 2.31% on a forward basis. <
Expro Group raises 2026 revenue guidance after Q2 revenue beats expectations despite a year-over-year decline. Expro Group reported Q2 non-GAAP earnings per share of $0.15, missing estimates by $0.03. Revenue reached $393M, down 7.0% year-over-year but exceeding expectatio
Rithm Capital reports Q2 non-GAAP EPS of $0.60, exceeding expectations, while revenue misses by $140M. Rithm Capital posted a Q2 non-GAAP EPS of $0.60, beating estimates by $0.10. Revenue reached $1.28 billion, up 4.9% year-over-year but missing forecasts by $140 million.<
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