Benzinga Before The Bell: Apple’s iPhone Discount, Tesla’s Bitcoin Loss, US Investor Fear And Other Top Financial Stories Monday, July 25
[ad_1] CNBC China Denies Researching Any ‘Delisting Survival Plan’ For US-Listed Companies Like Alibaba, Nio China’s securities regulator refuted media reports that said the regulator is planning for a…
Why Seagate Technology (STX) Shares Are Plunging Today
[ad_1] Seagate Technology Holdings PLC STX reported a fourth-quarter revenue decline of 12.8% year-over-year to $2.63 billion, missing the consensus of $2.78 billion. Adjusted EPS of $1.59 missed the consensus…
Benchmark Initiates Forward Air With Hold Rating
[ad_1] Benchmark analyst Christopher Kuhn initiated the coverage of Forward Air Corp FWRD with a Hold rating. The analyst believes both the LTL and Intermodal segments are in attractive, growing industries. FWRD has…
Airbus CEO Predicts Supply Chain Issue Will Continue Until 2023: FT
[ad_1] Airbus SE EADSY predicts that suppliers will struggle to ramp up output, prolonging the supply chain crisis gripping the aerospace industry until next year, reported Financial Times. Guillaume Faury,…
Malaysia Airlines Might Replace A330 Aircraft With Airbus A330neos: Reuters
[ad_1] Malaysia Airlines is close to a deal to replace its fleet of 21 older-model A330 aircraft with Airbus SE EADSY A330neos, reported Reuters, citing two familiar sources. Izham Ismail, the chief…
Why Omnicom Group Shares Are Trading Higher Afterhours
[ad_1] Omnicom Group Inc. OMC reported a second-quarter revenue decline of 0.12% year-over-year to $3.57 billion, +11.3% on an organic basis, beating the consensus estimate of $3.47 billion. Organic growth…
Embraer, BAE Systems Join Forces For C-390 Millennium & Eve eVTOL
[ad_1] Embraer SA ERJ has inked two MoUs with BAE Systems PLC BAESY to expand in the global defense market. The first MoU seeks to establish a strategic partnership between the parties to…
Lockheed Martin Shares Slip On Q2 Miss, Lowered FY22 Guidance
[ad_1] Lockheed Martin Corp LMT reported a second-quarter FY22 net sales decline of 9.3% year-over-year to $15.45 billion, missing the consensus of $16.05 billion. Adjusted EPS declined to $6.32 from…