The beverage giant surpassed second-quarter revenue expectations, citing strong sales from its FIFA World Cup sponsorship and resilient demand for its core products, prompting an upward revision of its full-year guidance.
The Detroit-based utility surpassed Wall Street's second-quarter profit expectations, as a significant increase in its energy trading business offset weaker earnings from its core electric and gas segments.
Shares of Replimune plummeted in pre-market trading as investors pared back positions ahead of a critical FDA advisory committee meeting for its melanoma drug, RP1, which has faced two previous rejections.
Oshkosh reported second-quarter earnings and revenue that surpassed analyst expectations, driving shares higher. The rally was tempered, however, by the company's decision to lower its full-year profit forecast.
GSK stock gained after the biopharmaceutical company reported second-quarter revenue and profit that surpassed analyst expectations, driven by strong growth in its vaccines and specialty medicines divisions.
The U.S. online gambling operator now expects full-year results to land at the lower end of its forecast range and has delayed a key profitability target, blaming rising competition from prediction market platforms.
Shares of the electronics manufacturer fell after its fourth-quarter revenue guidance came in below analyst expectations, outweighing a strong third-quarter earnings report.
Boeing reported a larger-than-expected quarterly loss driven by a $280 million charge on its delayed Air Force One program. Despite the miss on earnings, the aerospace giant generated positive free cash flow and maintained its full-year guidance.
Hormel Foods has appointed company insider and industry veteran John Ghingo as its next CEO, effective October 26. The move comes as the consumer packaged goods giant seeks to drive growth amid a challenging economic environment.
