(Bloomberg) — Hertz Global Holdings Inc. is looking to cut costs after it missed analysts’ fourth-quarter estimates as it sold down its fleet of Tesla Inc. electric vehicles due to high repair costs and a drop in residual value. Most Read from Bloomberg The rental car giant reported Tuesday that it lost an adjusted $1.36 […]
A Haltom City police officer fired a gun Sunday morning while responding to reports of an armed suspect trying to break into an apartment, according to a news release from police. Officers were sent to the Ladera Apartments at 2029 Dayton St. around 7:10 a.m. Sunday after a struggle between the suspect and the residents […]
KANSAS CITY, Kansas – Longtime Wyandotte County residents remember the development agreement. Hollywood Casino received STAR bonds to help build a casino in the Legends area of Kansas City, Kansas. In turn developers agreed to begin construction of an adjacent hotel within two years. “It would have been nice, you’ve got all this pretty nice […]
Google parent Alphabet’s (GOOG, GOOGL) stock sank after the company reported its fourth quarter earnings after the bell on Tuesday, which missed analysts’ expectations on ad revenue, the heart of the tech giant’s business. The stock slid more than 5% in early trading Wednesday, part of a broad decline for the tech-heavy Nasdaq (^IXIC). Revenue, […]
Google parent company Alphabet (GOOG, GOOGL) reported its fourth quarter earnings after the bell on Tuesday, missing analysts’ expectations on ad revenue, the heart of the tech giant’s business. The stock slid 4% lower in extended trading. Revenue, excluding traffic acquisition costs for the third quarter, was $72 billion versus expectations of nearly $71 billion. […]
Google parent company Alphabet (GOOG, GOOGL) reported its fourth quarter earnings after the bell on Tuesday, missing analysts’ expectations on ad revenue, the heart of the tech giant’s business. The stock slid 4% lower in extended trading. Revenue, excluding traffic acquisition costs for the third quarter, was $72 billion versus expectations of nearly $71 billion. […]
(Bloomberg) — United Parcel Service Inc. tumbled after the courier posted fourth-quarter sales below analysts’ estimates and provided 2024 guidance that missed expectations as higher labor costs and lower package demand crimps profit. Most Read from Bloomberg The shares fell as much as 7.6% in early US trading. After registering a 9.3% drop in annual […]
(Bloomberg) — BYD Co.’s earnings fell short of analyst expectations as demand for battery-powered cars softened late last year. Most Read from Bloomberg Preliminary 2023 net income rose at least 75% from the previous year to between 29 billion yuan ($4 billion) and 31 billion yuan, the company said Monday in a filing with the […]
Chipmaker Intel (INTC) late Thursday beat Wall Street’s targets for the fourth quarter but badly missed estimates with its forecast. Intel stock tumbled in extended trading.
AT&T (T) early Wednesday reported fourth-quarter earnings that missed Wall Street estimates while revenue topped. T stock fell as the AT&T earnings outlook for 2024 fell short. X Reported before the market open, AT&T earnings for the December quarter fell 11% to 54 cents on an adjusted basis. Revenue from continuing operations rose 2.2% to […]
(Bloomberg) — General Electric Co. predicts profit this quarter will fall short of Wall Street’s expectations as the manufacturer continues to see a disparity between its growing aerospace operations and a recovering energy business. Most Read from Bloomberg Adjusted earnings will be 60 to 65 cents a share, GE said Tuesday in a statement that […]
(Reuters) -Pipeline and terminal operator Kinder Morgan on Wednesday posted a lower-than-expected profit for the fourth quarter, as higher interest expenses and weakness in the natural gas pipeline segment hurt margins during the period. The company earned a profit of 28 cents per share on an adjusted basis for the quarter ended Dec. 31, compared […]