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LONDON — Travelers in Europe can now take unlimited flights for 499 euros ($550) a year under a new travel subscription service from budget carrier Wizz Air.The annual “all you can fly” pass, which allows passengers to book one-way and roundtrip flights throughout the year, will be available for the…
Check out the companies making headlines in midday trading. Brinker International – The stock plummeted around 12% after the Chili’s parent issued a weaker-than-expected profit forecast for the full year and reported disappointing fiscal fourth-quarter earnings . The company posted adjusted earnings of $1.61 per share, below the StreetAccount consensus…
Key takeaways The fund underperformed its benchmark its benchmarkUnderperformance mainly resulted from stock selection in the information technology, utilities and industrials sectors. Stronger stock selection in the communication services, health care and consumer staples sectors partially offset these results. Portfolio activityThere was no significant change to the fund’s overall positioning…
Check out the companies making headlines in midday trading. Starbucks , Chipotle Mexican Grill — Starbucks stock shot up 21% after the coffee chain ousted CEO Laxman Narasimhan effective immediately and replaced him with Chipotle CEO Brian Niccol, who will step in Sept 9. Three Wall Street firms already upgraded…
Google on Tuesday announced new artificial intelligence features that are coming to Android devices. The move to bring its Gemini AI assistant to supported devices shows again how Google aims to put its AI in front of consumers before Apple, which will launch its AI on iPhones, Macs and iPads…
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Check out the companies making headlines in midday trading: JetBlue — Shares sank 13% after the airline said it plans to sell $400 million of five-year convertible senior notes. Hawaiian Electric Industries — Shares plummeted more than 16% after the utility said it does not yet have a financing plan…
Commodity prices have tumbled over the past month, signaling underlying weakness in the global economy despite the U.S. stock market bouncing back from recession fears. The U.S. stock market recovered most of its losses last week in the wake of a steep selloff triggered by weak labor and manufacturing data.…
Uniper SE (OTCPK:UNPRF) Q2 2024 Earnings Conference Call August 7, 2024 2:30 AM ET Company Participants Sebastian Veit – Executive Vice President, Investor RelationsMichael Lewis – Chief Executive OfficerJutta Donges – Chief Financial Officer Conference Call Participants Anna Webb – UBSLouis Boujard – ODDO BHFPiotr Dzieciolowski – Citi Operator Dear…
The latest global market volatility has reinforced China’s status as a distinct market, even if its growth has slowed recently. While U.S. tech stocks plunged and Japanese stocks swung wildly in a historic two days of price action , Chinese stocks suffered less . As of the end of the…