(Reuters) - Pinterest ( PINS ) shares tumbled more than 12% premarket on Wednesday after a muted third-quarter outlook dashed Wall Street's expectations for a stabilization in its revenues amid a rebound in the digital ad market. The photo-sharing platform on Tuesday projected current-quarter revenue below analysts' estimates, as it struggles to keep up with the competition from bigger rivals...

07:55 AM EDT, 07/31/2024 (MT Newswires) -- Boeing ( BA ) said Wednesday that Robert Ortberg has been named to succeed Dave Calhoun as the company's president and chief executive officer, effective Aug. 8. Ortberg, 64, has 35 years of experience in aerospace, having served as president and CEO of Rockwell Collins, board member of RTX and Aptiv PLC, and...

July 31 (Reuters) - Automatic Data Processing ( ADP ) beat Wall Street expectations for fourth-quarter revenue on Wednesday, helped by robust demand for its human resource management and payroll services. Employee management services by ADP, one of the biggest payroll processing companies in the world, have been seeing consistent demand even as the labor market cooled from its high...

07:57 AM EDT, 07/31/2024 (MT Newswires) -- Boeing ( BA ) reported Q2 core loss Wednesday of $2.90 per diluted share, widening from a loss of $0.82 a year earlier. Analysts polled by Capital IQ expected a loss of $2.01. Revenue for the quarter ended June 30 was $16.87 billion, down from $19.75 billion a year earlier. Analysts surveyed by...