Manufacturing news

DuPont de Nemours Inc. (NYSE: DD) said on Tuesday its profit and sales in the fiscal first quarter came in better than what analysts had anticipated. All of its business segments, the company added, showed resilience in recent months as it raised its guidance for the full financial year.

Under Armour Inc. (NYSE: UAA) published its earnings report for the fiscal first quarter on Tuesday that topped Wall Street estimates, despite the ongoing COVID-19 restrictions. On the back of upbeat quarterly performance, the company also raised its guidance for the full year. Financial performance in Q1 Under Armour…

Infineon Technologies AG (ETR: IFX) reported an increase in its second-quarter net profit and revenue on Tuesday, and raised its guidance for the full financial year. The company attributed its hawkish performance to robust demand for semiconductors that continued to top supply. Infineon AG shares tanked 1.5% in premarket…

Estee Lauder Companies Inc. (NYSE: EL) said on Monday its sales fell shy of Wall Street estimates in the fiscal third quarter. The company, however, reported a better-than-expected quarterly profit. 1. Financial performance Estee Lauder said that its net income in the third quarter printed at £328.75 million that…

Siemens Healthineers AG (ETR: SHL) reported an increase in its second-quarter profit and revenue on Monday as demand remained resilient in recent months. On the back of hawkish quarterly performance, Siemens Healthineers also raised its full-year guidance. Siemens Healthineers shares that you can conveniently trade online via a…

Caterpillar Inc. (NYSE: CAT) reported its financial results for the fiscal first quarter on Thursday that beat Wall Street estimates, despite the ongoing Coronavirus pandemic that continues to weigh on businesses globally. 1. Financial performance Caterpillar reported £1.10 billion of net income in the first quarter that translates to…

Boeing Co. (NYSE: BA) reported a wider-than-expected loss in the fiscal first quarter on Wednesday. Its revenue came almost in line with what the analysts had anticipated. Boeing shares that you can learn to buy online here tanked more than 1% in premarket trading on Wednesday and lost…

Tesla shares were reported over 2% down in after-hours trading on Monday, despite posting better-than-expected financial results for the first quarter. The stock also remained under pressure in premarket trading on Tuesday. Commenting on the impact of the global chip shortage, CEO Elon Musk of Tesla (Nasdaq: TSLA)…

Lyft Inc. (NASDAQ: LYFT) said on Monday it will sell Level 5 to Toyota Motor Corp for £395.78 million – a move that will help it hit its profitability target sooner than expected. In early February, the San Francisco-based company reported a narrower-than-expected per-share loss in the prior…

Tesla Inc. (NASDAQ: TSLA) is scheduled to report its financial results for the fiscal first quarter on Monday after the bell. Experts are calling for 55 pence of earnings per share for Tesla in Q1. Their forecast for revenue in the recent quarter stands at £7.45 billion. Tesla…

Koninklijke Philips NV (AMS: PHIA) said on Monday that its net profit saw a slight increase in the first quarter, despite a £217.36 million provision that it had to book due to a quality issue found in a component used in a few of its sleep and respiratory care…

Honeywell International Inc. (NYSE: HON) published its earnings report for the fiscal first quarter on Friday that topped analysts’ estimates for profit and sales. The U.S. firm said sales from its aerospace business were lower than expected in Q1. Honeywell shares remained almost flat in after-hours trading on Friday.

Daimler AG (ETR: DAI) raised its guidance for the full financial year on Friday as performance remained robust in the first quarter. Daimler shares opened more than 1% up in the stock market on Friday. Including the price action, it is now exchanging hands at £64.82 per share. In…

Procter & Gamble Co. (NYSE: PG) published its earnings report for the fiscal third quarter on Tuesday that topped analysts’ estimates for earnings and revenue. The company also expressed plans of a price hike that will affect some of its product categories. Procter & Gamble shares were reported less…

Harley-Davidson Inc. (NYSE: HOG) published its earnings report for the fiscal first quarter on Monday that beat Wall Street estimates, despite the novel challenges attributed to the ongoing Coronavirus pandemic. Harley-Davidson shares that you can conveniently trade online via a range of online apps were reported a little…

In an announcement on Tuesday, the Boeing Co. (NYSE: BA) said aircraft sales in March outpaced cancellations as the global airline industry showed signs of recovery after a massive hit from the Coronavirus pandemic that has so far infected more than 130 million people worldwide and caused over 2.9…

The Boeing Company (NYSE: BA) warned airlines of a possible production issue in some of its 737 MAX jets on Friday. The electrical fault, as per the aeroplane manufacturer, affects close to 90 of its aircraft globally. Boeing shares opened at £182.72 in the stock market on Friday and…

Airbus SE (EPA: AIR) said on Friday that demand for air travel recovered a bit in the United States and China last month, resulting in an increase in deliveries. Consequently, the world’s largest aeroplane manufacturer posted a slight rise in Q1 deliveries. Airbus shares that you can learn…

WD-40 Co. (NASDAQ: WDFC) said on Thursday that sales in the fiscal second quarter remained robust. The company, however, struggled to meet demand in recent months due to supply chain problems. WD-40 shares slid close to 7% in extended trading on Thursday. The stock is now exchanging hands at…

Levi Straus & Co. (NYSE: LEVI) said on Thursday that its sales and earnings in the fiscal first quarter came in better than what analysts had anticipated, despite the ongoing COVID-19 crisis that continues to make it harder to reopen stores for the public. The Coronavirus pandemic has so…

RPM International Inc. (NYSE: RPM) reported its financial results for the fiscal third quarter on Wednesday that topped analysts’ estimates for earnings and revenue, despite the COVID-19 related disruptions. RPM shares slid 1% in premarket trading on Wednesday and lost another 4% on market open to trade at an…

Nokia Corp. (EPA: NOKIA) settled a multi-year patent dispute with the world’s largest PC maker, Lenovo Group Ltd. (HKG: 0992), on Wednesday. Lenovo shares that you can conveniently trade online via a range of user-friendly apps opened at £1.02 per share on Wednesday and are currently trading…