Deira Trading Company

Rivian tops second-quarter earnings expectations following cost cuts

Workers assemble second-generation R1 vehicles at electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024.  Joel Angel Juarez | Reuters Rivian Automotive beat Wall Street’s top- and bottom-line expectations for the second quarter as the electric vehicle maker continues to take costs out of its business. Here is how the company […]

Yum Brands (YUM) earnings Q2 2024

A sign is posted in front of a Taco Bell restaurant on May 01, 2024 in Richmond, California.  Justin Sullivan | Getty Images Yum Brands on Tuesday reported a mixed quarter as both Pizza Hut and KFC reported declining same-store sales. Here’s what the company reported compared with what Wall Street was expecting, based on […]

Stock climbs on reports of Mars interest

Signage for Kellanova outside the New York Stock Exchange on Sept. 5, 2023. AP Shares of Kellanova closed up 16% on Monday on reports of buyout interest. M&M’s owner Mars is in talks to acquire the snacking company, CNBC’s David Faber reported, adding rival candy company Hershey is also potentially interested in buying the company. […]

JPMorgan Chase opens more small-town branches in middle America

Three years ago, JPMorgan Chase became the first bank with a branch in all 48 contiguous states. Now, the firm is expanding, with the aim of reaching more Americans in smaller cities and towns.  JPMorgan recently announced a new goal within its multibillion-dollar branch expansion plan that ensures coverage is within an “accessible drive time” […]

Source: CurrencyRate