Volvo Q2 Profits Jump on Price, Margin Increases
Volvo Group profits jumped year on year in the second quarter of 2024 on the back of truck price increases and improved margins for construction equipment plus marine and industrial engines.
J.B. Hunt Reports $2.9 Billion in Revenue for Q2
J.B. Hunt Transport Services reported that second-quarter net income declined on revenue that fell just short of $3 billion.
PepsiCo’s Q2 Profits Jump, but Demand Continues to Slip
PepsiCo reported higher-than-expected earnings in the second quarter but customer demand for its snacks and drinks continued to slip.
Tesla Sales Fall for Second Straight Quarter
DETROIT — Tesla’s global sales fell for the second straight quarter despite price cuts and low-interest financing offers, another sign of weakening demand for the company’s products.
July 2, 2024Deere Cuts 2024 Profit Outlook on Lower Tractor Sales
Deere’s fiscal second-quarter results beat Wall Street’s expectations, but the company lowered its full-year profit forecast for a second time as farmers buy fewer tractors.