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...Other earnings: Coca-Cola, Verizon, General Electric, RTX, 3M, General Motors, Kimberly-Clark, Spotify and Halliburton will report before the bell....
...Other earnings: US aerospace and defence contractor Raytheon, music streaming platform Spotify, telecommunications company Verizon, conglomerate General Electric, personal care manufacturer Kimberly-Clark...
...The shares fell to their lowest level this year....
...KKR has named former WeWork chief financial officer Kimberly Ross to its board of directors. Raisin has appointed former UBS chair and Bundesbank president Axel Weber to its advisory board....
...Analysts polled by Refinitiv expect Microsoft to have earned $2.55 a share on revenue of $55.5bn in the three months to June, up from $2.23 a share on sales of $51.9bn during the same quarter of 2022....
...Birkenstock’s shares kept on falling yesterday, and we are starting to wonder if the shoe business is all it’s cracked up to be (see Dr Martens, Crocs and Nike’s recent performance)....
...GDP figures Results: Alphabet Q2, Alstom Q1, Akzo Nobel Q2, Brown & Brown Q2, Compass Group Q3 trading update, Corning Q2, Dassault Systèmes Q2, Deutsche Börse H1, Games Workshop FY, General Motors Q2, Kimberly-Clark...
...Also, Nestlé, PepsiCo and Kimberly-Clark among companies reporting resilient quarterly sales despite price rises....
...Other earnings: Telecommunications group AT&T, personal care goods manufacturer Kimberly-Clark, petroleum refiner Hess and miner Freeport-McMoRan will report before the opening bell....
...Excluding energy, UK corporate profits as a share of GDP were the lowest since 2009 last year. Competition authorities say they have no evidence of specific concerns in the grocery sector....
...Shares in Kimberly-Clark rose almost 9 per cent to $139.35....
...As a result, the share of US job postings that include salary ranges has more than doubled since 2020....
...Other earnings: Coca-Cola, UPS, Raytheon, General Electric, 3M, General Motors, Kimberly-Clark and Halliburton report earnings before the opening bell....
...Its shares have outperformed Exxon’s since that announcement....
...The company earned $1.30 per share on an adjusted basis, ahead of analysts’ estimates of $1.24 per share, according to Refinitiv....
...News Corp is also in advanced talks to sell its 80 per cent share of digital property group Move to rival CoStar, valued in the “low billions” of dollars. 2....
...The company forecast adjusted earnings per share of $6.05 to $6.25, down from $6.65 to $6.90....
...Analysts forecast earnings of $2.29 a share, which would reflect a decrease of 12 cents from a year ago....
...In the Arizona governor’s race, Trump endorsed Kari Lake, a former TV presenter who shares his claims that the 2020 election was stolen....
...Kimberly-Clark earned $1.47 per share on an adjusted basis, missing analysts’ estimate of $1.71....
...Kimberly Benford Johns, a teacher who benefited from the subsidy, said that it saved her from “having to take valuable resources from [her] family to compensate for rising gas and housing prices”....
...Beyond the tech sector, McDonald’s, Coca-Cola, Kimberly-Clark and grocery chain Albertsons will report before the opening bell. Industrial groups General Electric and General Motors also report....
...Boeing’s fourth quarter adjusted loss is expected to be 36 cents a share, on revenues of $16.5bn....
...It is expected to report adjusted earnings per share of $3.66, on revenue of $29.5bn....
...The iPhone has a market share of about 15 per cent in the country, where total smartphone sales tallied up to around 32mn devices last year, according to Counterpoint Research....
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