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Textron tops quarterly results estimates on higher aircraft pricing

Textron tops quarterly results estimates on higher aircraft pricing

July 28 (Reuters) - Textron beat second-quarter profit and revenue estimates on Tuesday, driven by higher aircraft pricing and sustained growth in its Bell helicopter business. • The business jet maker's Bell unit has been benefitting from the Bell V-280 Valor program, which the U.S.
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Corning falls 16% after forecasting weaker-than-expected Q3 sales

Corning falls 16% after forecasting weaker-than-expected Q3 sales

July 28 (Reuters) - Corning on Tuesday forecast third-quarter sales that fell slightly short of Wall Street expectations after reporting slower growth in its key fiber optics unit, sending its shares down more than 16% in premarket trading.
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Centene lifts annual profit forecast on improved cost management

Centene lifts annual profit forecast on improved cost management

By Sneha S K and Sriparna Roy July 28 (Reuters) - Centene on Tuesday raised its annual profit and revenue forecasts after beating estimates for quarterly earnings, as the health insurer kept control of its costs.
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Coca-Cola lifts annual forecasts on sodas demand after FIFA World Cup powers sales

Coca-Cola lifts annual forecasts on sodas demand after FIFA World Cup powers sales

July 28 (Reuters) - Coca-Cola on Tuesday raised its annual revenue and profit forecasts, betting on strong demand for its zero sugar beverages as well as its fairlife milk brand in the United States.
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UPS hikes full-year forecast after completing Amazon volume transition

UPS hikes full-year forecast after completing Amazon volume transition

By Lisa Baertlein and Abhinav Parmar LOS ANGELES, July 28 (Reuters) - United Parcel Service lifted annual revenue and profit forecasts and posted second-quarter results above Wall Street estimates on Tuesday as it returned to growth on domestic demand strength after a planned volume pullback in
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Textron's Q2 2026 Revenue Increases Amid Industrial Segment Sale Process

Textron's Q2 2026 Revenue Increases Amid Industrial Segment Sale Process

Textron's Q2 2026 Revenue Increases Amid Industrial Segment Sale Process
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JetBlue Airways posts bigger second-quarter loss as fuel costs surge

JetBlue Airways posts bigger second-quarter loss as fuel costs surge

July 28 (Reuters) - U.S. carrier JetBlue reported a bigger second-quarter loss on Tuesday, hurt by a surge in fuel costs after the war in Iran curbed oil supplies. The airline also introduced a long-term profit target of at least $1.00 per share for 2028, citing benefits from its strategic overhaul.
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Nasdaq futures slide as AI worries mount ahead of pivotal earnings

Nasdaq futures slide as AI worries mount ahead of pivotal earnings

By Johann M Cherian and Ragini Mathur July 28 (Reuters) - Nasdaq futures fell on Tuesday, mirroring a cautious mood across global markets toward AI chip stocks on concerns about hefty corporate spending and rising Chinese competition, ahead of earnings from some of the biggest companies on Wall
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Zhongji Innolight raises $6.81 billion in Asia's second-largest listing of 2026

Zhongji Innolight raises $6.81 billion in Asia's second-largest listing of 2026

By Yantoultra Ngui and Roshan Thomas SINGAPORE, July 28 (Reuters) - Chinese optical parts maker Zhongji Innolight said on Tuesday it had priced its Hong Kong listing at HK$980 per H share, raising HK$53.41 billion ($6.81 billion) in Asia's second-largest listing this year.
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Coca-Cola hails World Cup sales boost as it lifts annual forecasts

Coca-Cola hails World Cup sales boost as it lifts annual forecasts

July 28 (Reuters) - Coca-Cola on Tuesday raised its annual forecasts after it beat second-quarter estimates, driven by robust U.S. demand for its zero-sugar drinks and fairlife milk brand, as well as sales tied to the FIFA World Cup.
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Cincinnati Financial's quarterly profit falls on higher catastrophe losses

Cincinnati Financial's quarterly profit falls on higher catastrophe losses

July 27 (Reuters) - Property and casualty insurer Cincinnati Financial on Monday reported a fall in second-quarter profit on higher catastrophe losses, sending its shares down 5.1% in extended trading.
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PayPal presses on with turnaround in pivotal quarter as sale questions linger

PayPal presses on with turnaround in pivotal quarter as sale questions linger

July 28 (Reuters) - PayPal doubled down on its turnaround plan on Tuesday, raising its 2026 profit forecast and outlining cost-saving steps, as it looks to convince investors that it is worth more than the $53 billion takeover offer that analysts described as "low-ball".