A take on business from Times Square
Sponsored by NYC News Service and CUNY Newmark J-School
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As jet fuel costs continue to trend up, United and Delta have strapped in for the long haul, quietly edging out competitors in a downturn. United’s heavy investment in premium offerings for brand loyalists has kept it steady.
A weak quarter and a disappointing outlook deepen Wall Street’s doubts about the turnaround.
For decades, cable has been king of internet service, providing fast and reliable connections for millions of Americans.
Darden Restaurants is expected to report solid sales for stores open more than a year in their second quarter earnings release in what will be a temperature check for broader consumer spending.
The New York Times said digital subscriber numbers soared in the third quarter, leading to bumper profits and keeping the newspaper on course for their ambitious long-term subscriber target.
Best Buy is expected to log its best quarter for comparable sales in the third quarter, according to analysts, lifted by strong sales of the Nintendo Switch 2.
Northrop Grumman stayed on a hot streak into the third quarter as it continued to get contracts from an administration with ambitions to push the defense budget to historic levels.
Electronic Arts said sales and profits dropped in the most recent quarter, ahead of a go-private deal that analysts expect will lead the company to cut costs.
Taser maker Axon felt the pain of tariffs in the third quarter. The company reported earnings misses that sent the stock into a 9% drop the next day.
The company plans multibillion dollar costcutting measures, while ramping up spending on content Paramount Skydance posted tepid earnings on Monday, giving investors their first look at how the company is faring under its new ownership.
Stablecoin issuer and blockchain application company Circle Internet Group, Inc.
Thermo Fisher Scientific has held its ground even amid a wild run of economic policy shifts.
About the Journal
The Times Square Investment Journal covers companies, markets and personal finance from a newsroom in the heart of Manhattan. The Journal is sponsored by the NYC News Service and the Craig Newmark Graduate School of Journalism at CUNY.
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