08:52 AM EDT, 04/24/2024 (MT Newswires) -- Hasbro ( HAS ) reported fiscal Q1 adjusted earnings Wednesday of $0.61 per diluted share, up from $0.01 a year earlier. Analysts surveyed by Capital IQ expected $0.28. Revenue for the quarter ended March 31 was $757.3 million, down from $1.0 billion a year earlier. Analysts polled by Capital IQ expected $740.9 million....

Wabtec Corporation shares are trading higher after the company reported better-than-expected first-quarter financial results and raised its 2024 guidance. WAB reported first-quarter fiscal 2024 sales growth of 13.8% year-over-year to $2.497 billion, beating the consensus of $2.397 billion. Sales growth was driven by higher sales in Freight (+17.2% Y/Y) and Transit (+5.5% Y/Y) segments. The adjusted gross margin expanded 240 basis points to 32.9%, and the...

BEIJING, April 24 (Reuters) - Chinese-backed Swedish electric vehicle (EV) maker Polestar Automotive is accelerating efforts to produce more vehicles outside China in view of rising geopolitical tensions, its CEO said. Asked how Polestar is preparing for the possibility a European probe into Chinese-made EVs might lead to increased tariffs, Thomas Ingenlath said the automaker was exploring the idea of...

08:53 AM EDT, 04/24/2024 (MT Newswires) -- Bunge Global ( BG ) reported Q1 adjusted earnings Wednesday of $3.04 per diluted share, down from $3.26 a year earlier. Analysts surveyed by Capital IQ expected $2.53. Net sales for the quarter ended March 31 were $13.42 billion, compared with $15.33 billion a year earlier. Analysts surveyed by Capital IQ expected $13.96...