Freeport-McMoRan Inc. ( FCX ) shares are trading higher after the company reported third-quarter FY24 results. Revenue stood at $6.79 billion, beating the consensus of $6.47 billion. Copper sales totaled 1.0 billion pounds, down 7% Y/Y and 2% above the July 2024 estimate, due to the timing of shipments and lower ore grades and operating rates in North America. Copper’s average realized price per pound was $4.30, and production totaled...

RTX Corporation ( RTX ) shares are trading higher after the company’s third-quarter fiscal 2024 results exceeded street expectations. RTX raised its 2024 outlook after adjusted net sales increased 6% year-over-year to $20.089 billion. The company beat the consensus of $19.848 billion. Adjusted EPS grew 16% to $1.45, above the consensus of $1.34. Collins Aerospace’s sales were $7.075 billion (+7%...

3M Company ( MMM ) shares are trading higher after the company reported better-than-expected third-quarter adjusted EPS and sales and revised FY24 EPS guidance. The company reported net sales of $6.294 billion, a slight increase of 0.4% year-over-year. Adjusted net sales totaled $6.068 billion, up 1.5% on year and marginally beating the consensus of $6.057 billion. Adjusted EPS was $1.98, up 18% Y/Y, beating the consensus of $1.90. Adjusted organic...

Oct 22 (Reuters) - Walmart ( WMT ) said on Tuesday it will now deliver prescription medicines and medication refills as a single order along with groceries and other items as soon as 30 minutes, as part of its new express delivery option. The retail bellwether's latest move comes a couple of weeks after technology giant Amazon.com ( AMZN )...