Boeing Burns Through $4 Billion of Cash and Scales Back 737 MAX Production

The aircraft maker has cut production to fix quality problems after door-panel blowout. 


 
Biogen Stock Rises After Earnings, Jump in Sales of Alzheimer's Drug

Sales of the Alzheimer's treatment nearly tripled relative to the fourth quarter of 2023. 


 
AT&T's stock rallies after a big subscriber boost and a beat on free cash flow

AT&T delivered a sharp boost in free cash flow for the first quarter, while delivering a beat on that closely watched metric. 


 
Prada Posts Higher Revenue Despite Luxury Slowdown

Prada reported an increase in revenue for the first three months of the year, despite what it called a more challenging market environment as the luxury sector grapples with slowdown in sales growth. 


 
Hasbro Pops on Strong Earnings. The Reason: 'Turnaround Efforts.'

Hasbro easily beats quarterly estimates for earnings and sales. 


 
Elon Musk Needs Cheaper Teslas to Pay for Everything Else He Wants

Tesla's plan for a more affordable model that might revive growth and cash flows has been accelerated at the expense of ambition. 


 
Trucker ODFL Earnings Rise on Cost Cuts, Sales Growth

Old Dominion Freight Line reported a 2.6% rise in first-quarter profit even as it deals with continued softness in the domestic economy. 


 
Humana stock reverses lower as earnings outlook to remain unclear for months

Humana's stock turned lower Wednesday, after the health insurer reported a quarterly profit that beat expectations by a wide margin and boosted its outlook for Medicare Advantage membership growth, but said uncertainty over the earnings outlook will continue. 


 
Hilton's stock pops after earnings beat estimates, despite inclement weather

Hilton's stock rose early Wednesday, after the hotel operator's first-quarter earnings beat estimates, even as the company grappled with bad weather and other issues. 


 
Boston Scientific Stock Rises on More Than Just an Earnings Beat

The medical-device company tops first-quarter sales and profit estimates.


(END) Dow Jones Newswires

04-24-24 1115ET