Takeaways Strong beer sales helped Constellation Brands beat profit and revenue forecasts, but demand for wine and spirits fell. Modelo Especial, which overtook Bud Light as the top
Takeaways Higher oil prices and better industry margins gave ExxonMobil's third-quarter profits a boost from the previous three months, the company said in an SEC filing. Gains in
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Takeaways Lamb Weston's profits soared as the potato processor benefited from higher prices. Net income and earnings per share more than doubled in the quarter from last year,
Takeaways Rivian Automotive Inc. shares fell 20% in early trading Thursday after the maker of electric pickup trucks and SUVs announced a $1.5 billion bond offering. The company
Takeaways Clorox warned that a cyberattack in August would have a significant negative impact on its quarterly results. The cleaning products maker said it would have no net
Key takeaways Sunrun shares fell to their lowest level in more than three years before paring some losses after a Truist rating downgrade. Truist's Jordan Levy warned that
Takeaways Apple shares fluctuated between gains and losses on Wednesday after a rating downgrade from KeyBanc, which expects the company's U.S. sales growth to slow. KeyBanc reportedly said
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Key takeaways Tesla shares rose about 6% on Wednesday as the electric vehicle (EV) maker announced a cheaper version of its most popular vehicle, the Model Y. The