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CFO Ahmed Moghal commented, "Adjusted EBITDA increased by 7% year-over-year to $1.21 billion despite lower revenue, driven by strong margin expansion across both segments," and confirmed free cash ...
It is the most significant of a clutch of agreements Trump has bagged since unveiling sweeping global levies in April, though ...
In a major breakthrough ahead of a looming tariff deadline, US President Donald Trump announced a trade pact with Japan that ...
General Motors said tariffs slashed its second-quarter income by more than $1 billion, and other companies pointed to import ...
She announced, "We remain on track to achieve $200 million in run rate savings by year-end" from the UpLift program, and an increase in expected China transformation run rate savings to $40 million by ...
Brazil’s onerous taxes and political turmoil make investors wary, but an international court ruling could change their minds.
One of the testiest exchanges at a company conference call in recent years took place during the fourth-quarter 2024 results ...
Second quarter earnings season is in full swing, and the results have been largely positive so far, with more positive surprises than negative ones. Companies had a lower bar to clear coming into the ...
The agreements have been overshadowed by U.S. firms issuing warnings about how the tariffs will affect their bottom lines and prolong uncertainty in the U.S. economy.
General Motors reported a more than $1 billion drop in its second quarter profits compared to a year ago. The company says ...
US President Donald Trump announced on Tuesday a “massive” new trade agreement with Japan, a deal that includes “reciprocal” ...