Free Trial

Highlights From Today's Earnings on the US Macro Backdrop

EQUITIES

Boeing:

  • "we're aligning to this new reality by closely managing liquidity"
  • "expects to continue lowering overall staffing levels through [...] voluntary and involuntary workforce reductions"
UPS:
  • "results were fueled by continued strong outbound demand from Asia and growth from small and medium-sized businesses"
  • "we recently launched new initiatives to further reduce our costs"

General Electric:

  • "orders more broadly remain under pressure"
Bed Bath & Beyond:
  • Company is on track to cut costs by "reducing the number of suppliers and successfully negotiating with existing vendors."
  • "the Company is moving quickly to right-size its store network and is on track to close approximately 200 Bed Bath & Beyond stores by 2021"

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.