JetBlue stock surges as company outlook calms investors
JetBlue Airways stock surged 18% Tuesday after the airline provided an optimistic profit forecast, offsetting reports of a larger third-quarter loss and speculation about restructuring.
UPS beats quarterly expectations, raises full-year guidance again
UPS reported third-quarter earnings that surpassed analyst expectations and raised full-year revenue guidance to approximately $92.6 billion, up from prior projections of $91.2 billion.
Coca-Cola hikes earnings outlook, even as it sees lackluster demand in North America
Coca-Cola raised its full-year earnings outlook for the third consecutive quarter to at least 11% growth, citing strong execution despite weak North American consumer demand and economic headwinds.
Boeing says it won’t significantly ramp up 737 Max production until late 2027
Boeing says it won’t significantly increase 737 Max production until the second half of 2027, targeting 52 planes monthly due to slower-than-expected wing production.
UBS pretax profits jump 27% in third quarter to $3.59 billion as wealth inflows surge
UBS reported third-quarter pretax profits of $3.59 billion, up 27% year-over-year, as global wealth management saw strong net new asset inflows of $55.1 billion.
Stellantis reports $4.5 billion cash drain as massive turnaround plan continues
Stellantis reported a 4 billion euro cash shortfall in the third quarter while advancing its $70 billion turnaround strategy to restore profitability amid declining sales.