General Motors Co. shares GM, + 2.45% It rose 3.8% in premarket trading on Wednesday, after the automaker posted a lower-than-expected loss for the second quarter and sales that exceeded estimates. The company said it had a net loss of $ 758 million, or 56 cents a share, in the …
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Text size Spencer Platt / Getty Images Large pharmaceutical company Pfizer announced second-quarter financial results on Tuesday morning that exceeded Wall Street expectations, sending shares of around 3% in pre-trade. The company reported earnings of $ 0.78 per share, beating the FactSet consensus at $ 0.10 and the S&P Capital …
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Text size Defense sales stood out in the quarter. Mario Tama / Getty Images Defense and aerospace giant Raytheon Technologies crushed Wall Street’s profit expectations, but the stock fell anyway on Tuesday morning. The commercial aerospace sector is not improving fast enough for investors. Raytheon (ticker: RTX) earned 40 cents …
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Text size AMD EPYC processors Courtesy of AMD. Advanced Micro Devices gave investors reason to cheer on Tuesday when it reported earnings that exceeded expectations and said it would sell more chips at a higher profit than anticipated. Shares of AMD (ticker: AMD) rebounded in the extended session, advancing nearly …
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Shares of Altria Group Inc. MO, + 1.34% Tuesday was up 0.5% in premarket trading, after the parent company of tobacco products Marlboro and Skoal reported a second-quarter profit that exceeded expectations, but revenue was lost, while increased its quarterly dividend. Net income fell to $ 1.94 billion, or $ …
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