Hershey's stock rallies after earnings beat, as chocolate sales jump
"We are off to a strong start and remain on track to deliver our business strategies and financial commitments for the year," the company's CEO said Friday.
Puig Shares Jump on Debut
Shares of Jean Paul Gaultier owner Puig rose sharply above the listing price on their trading debut in Spain after the world's biggest initial public offering so far this year.
Apple Buys Itself Some Time for an AI Boost
Raised share buybacks helped buttress weak iPhone sales, but Apple will need to make its own AI play clear soon.
The iPhone Is Losing Its Cutting-Edge Appeal in China
A fall in Apple's sales in China shows that some consumers there no longer see Apple's flagship product as the most advanced in technology.
Amgen Stock Jumps on Obesity Drug Optimism. What Comes Next.
The company is trying to carve a niche in a rapidly growing obesity-drug market that's currently dominated by Eli Lilly and Novo Nordisk.
EV Makers Get Two-Year Reprieve on Tax-Credit Restrictions
The Treasury Department has extended eligibility for cars containing Chinese graphite through 2026.
HSBC's Green Credentials Come Under Fresh Scrutiny
Activist shareholders are pressing the Asia-focused bank to clarify plans to spend up to $1 trillion on sustainable finance in the coming years.
Boeing's Latest Trouble Is a Jet Part Caught Up in Russia Sanctions
The plane maker can't deliver enough 787 Dreamliners after sanctions disrupted production of heat exchangers.
Societe Generale Shares Climb on Above-Forecast First Quarter
Societe Generale's results were better than expected at the revenue and underlying profit levels and showed early recovery signs in French retail banking, analysts said.
Daimler Truck Targets Unchanged After Earnings Beat
Daimler Truck reported higher core profits in the first quarter, driven by gains in North America, and said it was on track to meet its financial targets for the year despite headwinds in Europe increasing.
(END) Dow Jones Newswires
05-03-24 0915ET