Fortive Corporation ( FTV ) shares are trading lower after the company reported first-quarter FY24 results. Revenue grew 4% Y/Y to $1.525 billion, marginally missing the consensus of $1.527 billion. Sales by segments: Intelligent Operating Solutions $666 million (+5% Y/Y), Precision Technologies $559 million (+3% Y/Y), and Advanced Healthcare Solutions $300 million (+4% Y/Y). The company’s adjusted operating margin is up 110 basis points Y/Y...

Trump Media ( DJT ) & Technology Group Corp. shares are trading higher on Wednesday, although in a volatile trading session.  The company sent the U.S. House of Representatives a letter regarding potential stock manipulation and anomalous trading. DJT’s CEO, Devin Nunes, wrote the letter addressing each of the Chairmen of the U.S. House of Representatives Committee on the Judiciary, Committee on Financial Services, Committee on Ways...

ARLINGTON, Virginia (Reuters) - U.S. Transportation Secretary Pete Buttigieg said on Wednesday that Boeing ( BA ) must meet a government mandate to address systemic quality-control issues within 90 days before it will be able to boost 737 MAX production. Buttigieg noted that Boeing ( BA ) is about halfway through that 90-day clock set by the Federal Aviation Administration...

12:15 PM EDT, 04/24/2024 (MT Newswires) -- MSCI ( MSCI ) is likely faced with an increased risk of a downward earnings revision following an underwhelming Q1 performance, Oppenheimer said in a note. It was one of the most underwhelming quarters (first take) in all our time covering MSCI ( MSCI ), Oppenheimer analysts Owen Lau and Guru Sidaarth said....