ManpowerGroup Inc ( MAN ) shares are trading higher after reporting first-quarter FY24 results. Sales declined 7.3% year-on-year to $4.40 billion, missing the analyst consensus estimate of $4.42 billion. Gross profit for the quarter declined 11.5% to $763.7 million, with a profit margin of 17.3%. The operating income plunged 44.1% to $65.9 million, and the operating margin compressed 100 basis points to...

10:33 AM EDT, 04/18/2024 (MT Newswires) -- Utz Brands ( UTZ ) said Thursday some of its subsidiaries including Utz Quality Foods have agreed to sell certain assets to Our Home. As part of the deal, affiliates of Our Home will purchase Utz Brands' ( UTZ ) Berlin, Pennsylvania, and Fitchburg, Massachusetts, manufacturing sites and other related assets. The deal,...

WASHINGTON (Reuters) - Aerospace and defense company Northrop Grumman ( NOC ) is working with SpaceX, the space venture of billionaire entrepreneur Elon Musk, on a classified spy satellite project already capturing high-resolution imagery of the Earth, according to people familiar with the program. The program, details of which were first reported by Reuters last month, is meant to enhance...

10:40 AM EDT, 04/18/2024 (MT Newswires) -- WiSA Technologies ( WISA ) shares fell more than 26% in recent Thursday trading after the company announced a $750,000 registered direct offering. The company said it agreed to sell 225,834 of its common shares at $3.321 per share and warrants to buy up to 225,834 common shares at an exercise price of...