Dividends

The energy giant’s earnings fell 19% in the first quarter but it announced an additional dividend payout, underscoring Saudi Arabia’s dependence on oil revenues. The energy giant’s earnings fell 19% in the first quarter but it announced an additional dividend payout, underscoring Saudi Arabia’s dependence on oil revenues. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the…

Nicolas Jammet, chief concept officer and co-founder of Sweetgreen Inc., right, eats a salad during the company's initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, Nov. 18, 2021.Michael Nagle | Bloomberg | Getty ImagesSweetgreen on Thursday reported a narrower-than-expected loss in its first quarter after slowing its expansion to focus on profitability.The salad chain, which went public in November 2021, is aiming to turn a profit for the first time by 2024.…

Paramount Global posted a steep loss in the first quarter, weighed down by nearly $1.7 billion in charges tied to its plan to remove certain programming as it combines its Showtime streaming service with its Paramount+ platform. The New York-based media company also slashed its dividend for the first time in over a decade as it continues to pour cash into its money-losing streaming division.  Paramount Global posted a steep loss in the first quarter, weighed down by nearly $1.7…

Cars wait in a line at a KFC (Kentucky Fried Chicken) drive-thru in Bloomsburg.Paul Weaver | LightRocket | Getty ImagesYum Brands on Wednesday reported quarterly earnings that fell short of analysts' expectations, despite a China sales rebound for KFC and Pizza Hut.Yum joins the growing list of companies that includes Procter & Gamble and Starbucks that have reported recovering sales in China.Shares of the company dropped more than 2% in morning trading.Here's what the company reported for the first quarter compared…

Starbucks on Tuesday reported quarterly earnings and revenue that beat analysts' expectations, fueled by better-than-expected international sales.In China, the company's second-largest market, Starbucks saw its same-store sales increase for the first time since Starbucks' fiscal third quarter in 2021 as customers returned to its cafes following the rollback of the country's zero Covid policy.However, shares of the company fell 1.9% in extended trading.Here's what the company reported compared with what Wall Street was…

In this photo illustration, a Burger King Whopper hamburger is displayed on April 05, 2022 in San Anselmo, California.Justin Sullivan | Getty ImagesRestaurant Brands International on Tuesday reported quarterly earnings and revenue that topped analysts' expectations, fueled by double-digit same-store sales growth at Tim Hortons and Burger King.Shares of the company were flat in premarket trading.Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by…

An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on Dec. 10, 2021.Joe Raedle | Getty ImagesAmerican Airlines posted a $10 million profit in the first quarter as it ramped up flying and a jump in revenue outpaced higher costs.American's revenue rose 37% in the first three months of the year to $12.19 billion, roughly in line with analyst estimates.Here's how American Airlines performed in the first quarter compared with what Wall Street anticipated, based on an…

A Boeing 737 Max is displayed during the Farnborough Airshow, in Farnborough, on July 18, 2022. (Photo by JUSTIN TALLIS / AFP) (Photo by JUSTIN TALLIS/AFP via Getty Images)Justin Tallis | AFP | Getty ImagesOn the back of first-quarter earnings results that showed strong aircraft demand, Boeing said Wednesday it plans to increase output of 737 Max planes to 38 a month from 31 later this year, despite a manufacturing issue affecting some aircraft. That production rate would be the highest in years for the bestselling…

A JetBlue plane at LaGuardia Airport.Leslie Josephs/CNBCJetBlue Airways posted a loss for the first three months of the year but joined other carriers in forecasting a profit for the second quarter thanks to strong travel demand.JetBlue estimated per-share earnings of 35 cents to 45 cents for the current quarter, ahead of analyst estimates, with revenue up 4.5% to 8.5% on the year and capacity rising 4.5% to 7.5%. The second quarter coincides with the start of the peak travel season."For the second quarter, we expect…

General Motors CEO Mary Barra, center, at the New York Stock Exchange, Nov. 17, 2022.Source: NYSEDETROIT — General Motors is set to report its first-quarter earnings before the bell Tuesday.GM Chief Financial Officer Paul Jacobson earlier this month said the first quarter was coming in "right alongside" the company's expectations, noting sales were up 18%."We gained share during that time period, and we did it without going after price. We did it without increasing and ramping up incentives," he said April 4 during a BofA…