Honeywell Is Breaking Into 3 Companies. It Overshadows Solid Earnings but Weak Guidance.
Honeywell International is trying to pull a GE, breaking up into three companies to try to unlock shareholder value.
Ralph Lauren’s stock gets boost from stronger-than-expected holiday season
The company’s adjusted fourth-quarter profit of $4.82 a share beat the FactSet consensus estimate of $4.53 a share. Revenue rose to $2.144 billion from $1.934 billion to beat the analyst revenue ...
Warner Music 1Q Rev Down, Co Strikes Spotify, Tempo-License Deals
Warner Music Group's fiscal first-quarter earnings rose on lower expenses, but revenue fell and the record company struck a brace of deals in an effort to better capture profits from growing music ...
Philip Morris 4Q Revenue Tops Estimates as Zyn Demand Continues
Philip Morris International posted higher-than-expected revenue in its fourth quarter, signaling its Zyn nicotine pouches continue to power results higher. The tobacco company logged operating income ...
Coach Owner Tapestry Posts Earnings Beat and Raises Outlook. The Stock Skyrockets.
Tapestry stock rose sharply in premarket trading Thursday as the owner of Coach, Kate Spade, and Stuart Weitzman announced a ...