Halliburton Company ( HAL ) shares are trading lower after the company reported second-quarter 2024 revenue of $5.833 billion, missing the consensus of $5.949 billion. Completion and Production revenue was $3.4 billion, flat Q/Q. Revenue growth from increased completion tool sales and stimulation activity abroad, as well as improved well-intervention services, was offset by lower stimulation and completion tool sales in the U.S. and decreased...

09:02 AM EDT, 07/19/2024 (MT Newswires) -- Dye & Durham ( DYNDF ) reported Friday preliminary results for the fiscal fourth quarter ended June 30. The legal software provider said revenue rose 15% to $120 million. Leveraged free cash flow was forecast at $28 million. The business fundamentals remained very strong throughout the fourth quarter, said Matthew Proud, CEO of...

(Reuters) - U.S. banks have boosted their provisions for credit losses as deteriorating commercial real estate (CRE) loans and high interest rates fuel fears of defaults, the regional lenders' second-quarter results show. Some, such as M&T Bank, are also gradually reducing their exposure to the troubled CRE sector and repositioning their balance sheets to focus on commercial and industrial lending...

09:00 AM EDT, 07/19/2024 (MT Newswires) -- Estee Lauder's ( EL ) near-term prospects are uncertain as the company faces slow demand in China's luxury beauty market, analysts at Oppenheimer said Friday in a note. Estee Lauder ( EL ) shares remain on our radar, but we would stay sidelined at current levels, Oppenheimer said. The luxury beauty scene in...