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Panos Mourdoukoutas

49 Articles

Honeywell to Split Into 3 Companies in a Victory for Activist Investors, Stock Drops

Honeywell’s decision to split itself into three publicly traded companies is a big victory for activist investor Elliott…

Palantir Soars More Than 20 Percent on Earnings Beat, Strong Outlook

Palantir Technologies Inc. shares soared more than 26 percent during the morning session on Feb. 4 after the…

Washington’s New Tariffs Could Level the Playing Field Between Temu and Amazon

The tariffs may close a loophole that exempted imports of packages with a value of $800 or less…

Stocks End 2-Week Rally on Tech Sell Off Over DeepSeek, Mixed Earnings Reports

U.S. stocks ended a two-week rally on a tech sell-off that began early last week on anxiety over…

Chevron and Exxon Both Post Lower Earnings in a Challenging Oil Market

Business Columnist: News AnalysisChevron and Exxon Mobil both posted lower adjusted earnings in a challenging oil market, as…

Apple Posts Record Quarter Despite Lower iPhone Sales, China Challenges

News AnalysisDespite weak iPhone sales and challenges in China, Apple surprised Wall Street with record earnings for its…

Mastercard’s Sales and Earnings Rise on Holiday Spending, Acquisitions

News AnalysisMastercard’s sales and earnings rose in the last quarter of 2024, led by solid holiday consumer spending…

Starbucks Sales Continue to Slide as It Strives for Comeback Under New CEO

News AnalysisStarbucks’s comeback under its new CEO is still a work in progress. Store sales continued to decline…

Boeing Suffers Losses Amid Strikes and Operational Challenges, Reports Some Progress

News AnalysisBoeing reported another loss of $3.86 billion in the fourth quarter, still feeling the effects of operations…

Upcoming Fed Meeting May Prepare Markets for Resumption of Interest Rate Cuts

There likely will be no surprise news to move markets on Jan. 29 when the policymaking Federal Open…

American Express’s Record Revenues Point to Strong Consumer Spending Among Wealthy Customers

News AnalysisWealthier consumers continued robust spending in 2024, helping American Express achieve record revenues.On Jan. 24, the New…

Stocks Rally for 2nd Week Ahead of Big Tech Earnings and Fed Meeting

Wall Street began the shorter trading week with bullish sentiment, fueled by falling bond yields that make equities…

GE Aerospace’s Strong Sales Bring Back the Old Good Days—What’s Different This Time?

News AnalysisA solid financial report by GE Aerospace brought back memories of the old GE on Wall Street,…

United Airlines Posts Record Profits on Strong Demand for Basic Economy Travel

United Airlines (UAL) joined Delta Airlines in posting record profits, driven by strong demand across all product categories,…

P&G’s Sales Point to Further Easing of Inflation for Basic Consumer Goods

News AnalysisAccording to a report released on Jan. 22 by Procter & Gamble Co. (P&G), inflation for essential…