08:21 AM EDT, 05/02/2024 (MT Newswires) -- Caribbean Utilities (CUP-U.TO) said overnight Wednesday that its net earnings and revenue in the first quarter increased. The company reported net income of US$6.2 million, up18% from US$5.2 million in the first quarter of last year. Sales increased 6% to 168.1 million kilowatt-hour (kWh). The company continues to focus on our capital investment...

(Reuters) - Huntington Ingalls reported a better-than-expected quarterly earnings on Thursday, on the back of demand for aircraft carriers, amphibious assault ships and submarines amid high geopolitical tension. WHY IT IS IMPORTANT Demand for submarines and aircraft carriers is surging, fueled by China's expanding naval footprint and high global tensions, benefiting shipbuilding giants such as Huntington Ingalls. CONTEXT Huntington is...

08:22 AM EDT, 05/02/2024 (MT Newswires) -- Parker-Hannifin ( PH ) reported fiscal Q3 adjusted earnings Thursday of $6.51 per diluted share, up from $5.93 a year earlier. Analysts polled by Capital IQ expected $6.11. Net sales for the quarter ended March 31 were $5.07 billion, compared with $5.06 billion a year earlier. Analysts surveyed by Capital IQ expected $5.07...

08:18 AM EDT, 05/02/2024 (MT Newswires) -- Thomson Reuters Corp. ( TRI ) shares should rise as a result of its its quarterly results reported before market open on Thursday, TD Securities said in a note to clients. We expect TRI shares to retest 52-week highs soon (5% above current) on the back of this print, with a meaningful 10%...