The Dexcom logo is seen on a smartphone screen and in the background. Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Shares of Dexcom tumbled almost 40% in extended trading Thursday after the diabetes management company reported disappointing revenue for the second quarter and offered weak guidance. Here’s how the company did: Earnings...
Day: July 25, 2024
Lineage begins trading in stock market’s largest IPO of 2024
Lineage, the largest temperature-controlled warehouse real estate investment trust (REIT) in the world, rose by as much as 5% in its Nasdaq Stock Market debut on Thursday, after going public under the ticker symbol “LINE.” Lineage priced 57 million shares at $78 apiece on Wednesday, near the top of its initial $70 to $82 target range....
American Airlines (AAL) earnings Q2 2024
American Airlines CEO on Thursday vowed to be “diligent” in making sure capacity doesn’t outgrow demand after the carrier slashed its profit forecast for the year after a backfired sales strategy and an industrywide glut of flights that have forced airlines to discount seats. American said it expects to earn an adjusted 70 cents to...
Southwest Airlines (LUV) earnings Q2 2024
Southwest Airlines on Thursday forecast a potential drop in unit revenue for the third quarter as an oversupplied U.S. market has forced airlines to discount tickets during what is usually the most lucrative period of the year. Southwest said unit revenue for the current quarter could fall as much as 2% over last year and...
Payments statistics: second half of 2023
25 July 2024 The European Central Bank (ECB) today published statistics on non-cash payments for the second half of 2023.[2] The statistics comprise indicators on access to and use of payment services, payment cards and terminals by the public, as well as volumes and values of transactions processed through retail and large-value payment systems. This...
Unilever pops 6% on guidance raise, says Ben & Jerry’s spinoff on track
Unilever shares popped on Thursday morning, after the consumer goods giant raised its full-year margin guidance and said the spinoff of its ice cream business was on track to complete by the end of 2025. Shares climbed nearly 8% during the morning, before gains cooled to around 6.5% by 12:15 p.m. in London. The company,...
Monetary developments in the euro area: June 2024
25 July 2024 Components of the broad monetary aggregate M3 The annual growth rate of the broad monetary aggregate M3 increased to 2.2% in June 2024 from 1.5% in May, averaging 1.7% in the three months up to June. The components of M3 showed the following developments. The annual growth rate of the narrower aggregate...