09:53 AM EDT, 08/01/2024 (MT Newswires) -- Price: 0.94, Change: -0.04, Percent Change: -4.08 ...

XPO, Inc. ( XPO ) shares are trading higher after it reported second-quarter FY24 results. Revenue growth of 8.5% Y/Y to $2.097 billion, beating the consensus of $2.072 billion. The increase in revenue was aided by higher yield and tonnage per day in the North American LTL segment. Operating income was $197 million, compared to $107 million a year ago. Adjusted EPS was $1.12, up 57.7% Y/Y, beating the consensus of $1.01. Adjusted EBITDA increased 40.6% Y/Y to $343 million in the...

Aug 1 (Reuters) - PBF Energy ( PBF ) reported a bigger-than-expected quarterly loss, driven by heavy turnaround activity and a weak summer driving season which dented fuel demand and shrunk refining margins. PBF's shares slipped 4% to $39.08 on Thursday in premarket trading. Market conditions broke from typical seasonal patterns, with product cracks higher early in the quarter and...

Aug 1 (Reuters) - Cigna ( CI ) reported a second-quarter profit on Thursday that beat Wall Street estimates, helped by strength in its pharmacy benefit management unit due to adding a major new client. In 2022, health insurer Centene ( CNC ) selected Cigna's ( CI ) unit Express Scripts to replace CVS's Caremark and manage its annual pharmacy...