News
- BusinessReuters
GE Aerospace lifts 2024 profit forecast on strong sales of engine parts, services
The company now expects 2024 operating profit of $6.2 billion to $6.6 billion, compared with its earlier forecast of $6 billion to $6.5 billion. Since then, Wall Street analysts have been bullish on the prospects of the aerospace business, with some citing the dominant lead of CFM International, GE's joint venture with Safran, as a supplier to Airbus' A320neo family of jets, over competing engine maker Pratt & Whitney. CFM is also the sole supplier to Boeing's 737 MAX family of jets, which are
2 min read - BusinessYahoo Finance
Spotify turns a profit as earnings and revenue beat estimates
Spotify reported first quarter earnings before the bell on Tuesday. Here's what to know.
5 min read - WorldBBC
Nimisha Priya: Family of Indian nurse on death row in Yemen to seek pardon
Indian nurse Nimisha Priya will be executed unless the victim's family accepts "blood money" to pardon her.
2 min read - WorldAFP
Aide to far-right German MEP arrested for spying for China
An aide to a German far-right member of the European Parliament has been arrested on suspicion of spying for China, German prosecutors said Tuesday, deepening concerns about foreign interference ahead of June's EU elections.Lawmakers in the EU parliament's leftwing Greens group on Tuesday called on the European Parliament to speed up a probe into links between MEPs and foreign powers.
4 min read - BusinessInsider Monkey
Here’s How LVS Advisory Evaluated Booz Allen Hamilton Holding Corporation (BAH)
LVS Advisory, a New York City-based full-service investment firm, recently released its first-quarter 2024 investor letter. A copy of the letter can be downloaded here. The LVS Event-Driven portfolio declined (1.4%) (net of all fees and expenses) in the first quarter compared to a 1.6% gain for its benchmark High-Yield Bond Index. On the other […]
3 min read - BusinessReuters
Trump poised to clinch $1.3 billion social media company stock award
Donald Trump is set to secure on Tuesday a stock bonus worth $1.3 billion from the company that operates his social media app Truth Social, equivalent to about half the majority stake he already owns in it, thanks to the wild rally in its shares. The award will take the former U.S. President's overall stake in the company, Trump Media & Technology Group (TMTG), to $4.1 billion. While Trump has agreed not to sell any of his TMTG shares before September, the windfall represents a significant boo
3 min read - BusinessMotley Fool
How Much Money Does Warren Buffett Have Invested in Bank of America?
The billionaire investor has made Bank of America one of Berkshire Hathaway's top holdings.
3 min read
