Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

MYSTERIOUS: 2 | Mind Blowing Facts

Methode Electronics Clocks 4% Revenue Decline In Q4 Due To Lower Sales Volumes In Auto Segment

Methode Electronics, Inc (NYSE:MEI) reported a fourth-quarter FY22 net sales decline of 4.1% year-on-year to $288.7 million, missing the consensus of $289.5 million. The decrease was due to lower sales volumes in the Automotive segment due to supply chain constraints and the conflict in Ukraine. EPS of $0.43 missed the consensus of $0.56.…

Wells Fargo Upgrades Enerpac Tool - Read Why

Wells Fargo Upgrades Enerpac Tool - Read Why

Wells Fargo analyst Michael McGinn upgraded Enerpac Tool Group Corp (NYSE:EPAC) to Overweight from Equal-weight and raised the price target to $23 (an upside of 21%) from $22. Although market conditions are less than ideal, the analyst has been surprised EPAC shares have continued to melt from their weakened year-end starting point as Industrial with…

Textron Shares Soar On Q1 Earnings Beat

Textron Shares Soar On Q1 Earnings Beat

Textron Inc. (NYSE:TXT) reported first-quarter FY22 sales growth of 4.2% year-over-year to $3 billion, beating the consensus of $2.74 billion. Revenue by segments: Textron Aviation $1.04 billion (+20.2% Y/Y), Bell $834 million (-1.4% Y/Y), Textron Systems $273 million (-16.8% Y/Y) and Industrial $838 million (+1.6% Y/Y). EPS of $0.88 topped the consensus…

From analysis to the latest developments in health,
read the most diverse news in one place.

inkl

Sony Pictures TV acquires producer of '90 Day Fiancé' and 'American Idol'

Sony Pictures Television is acquiring a majority stake in Industrial Media, a major supplier of popular reality series to TV networks and streaming platforms.

Los Angeles Times

Union Pacific Registers 12% Revenue Growth In Q4, Beats Street View

Union Pacific Corp (NYSE:UNP) reported fourth-quarter operating revenue growth of 12% year-over-year to $5.73 billion, above the consensus of $5.62 billion. EPS of $2.66 topped the Street view of $2.61. The revenue increase was driven by higher fuel surcharge revenue, a positive business mix, and core pricing gains, partially offset by lower volumes.…

1 2

Organisations

Sony Pictures Television

Sony Pictures Entertainment

Textron Aviation

From analysis to the latest developments in health,
read the most diverse news in one place.

inkl

Topics

electric vehicle

inkl

Read news from The Economist, FT, and more,
with one subscription

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play