angelp/iStock via Getty Images Becton, Dickinson (NYSE:BDX) unit BD Life Sciences has warned customers that shipments of some of its BD BACTEC blood culture media products may be delayed in the coming months due to production issues. BD said in a letter to users dated July 11 that it hasContinue Reading
Wirestock/iStock Editorial via Getty Images Six Flags Entertainment Corporation (NYSE:FUN) dropped on Wednesday after Goldman Sachs issued some cautious comments on the theme park company as it picked up coverage. Analyst Lizzie Dove warned that revenue synergies may be challenging to achieve for the new company. “We assume that FUNContinue Reading
Bonnie Cash/Getty Images News The commercial property sector will likely remain stressed for years, Federal Reserve Chair Jerome Powell told the Senate Banking Committee on the first day of his semi-annual testimony to Congress. “It is a risk that has been with us and will be with us for someContinue Reading
fredrocko BP (NYSE:BP) expects to book impairment charges of $1B-$2B for Q2, and warned of weak oil trading earnings amid “significantly lower” refining margins, sending its shares falling 3.8% in premarket trade on Tuesday. The after-tax asset impairments and one-off contract provisions include charges relating to the ongoing review ofContinue Reading
Black_Kira Sonic Automotive (NYSE:SAH) shares limped into the close nearly 3% lower after disclosing that the June 19 CDK cybersecurity hack will have a “material impact” on the company’s fiscal Q2 results. The company does not yet know, however, if the incident which adversely impacted vehicle sales from June 19,Continue Reading
As the first half of 2024 wraps up, the financial community now shifts its attention towards Q3 and where markets are potentially headed. Russell Investments argued that there is still no clear answer to this year’s question of ‘is the economy headed towards a no, soft or hard landing?’ “OurContinue Reading
Boeing (NYSE:BA) could lose its status as a party to the probe into the Alaska Airlines flight 1282 door plug blow-out, the National Transportation Safety Board (NTSB) warned on Thursday. In a letter sent to Boeing CEO Dave Calhoun, NTSB Office of Aviation Safety Director Timothy LeBaron hit back atContinue Reading
Shares of Walmart (NYSE:WMT) dropped early Tuesday morning after some of the comments from the company’s finance chief spooked investors and left the stock more than 2% lower at the open. At the Bank of America London Investor Conference, Walmart (WMT) CFO John Rainey warned that the current quarter won’tContinue Reading
