01:29 PM EDT, 04/04/2024 (MT Newswires) -- UBS believes Telus ( TU ) also saw elevated competition in Q1 across wireless and wireline but continued to benefit from efficiency gains. UBS is looking for 1.2% revenue and 3.7% EBITDA growth in Q1 (largely in-line with the street). In wireless, Telus ( TU ) is expected to add 37K total phone...

Alaska Air Group Inc ( ALK ) stated that Boeing Co ( BA ) had disbursed approximately $160 million to the airline during the first quarter as initial compensation for the impact of the 737-9 MAX groundings. The company’s first quarter operation and results were significantly impacted by Flight 1282 in January and the Boeing 737-9 MAX groundings, which extended into February.  Alaska Air (...

01:29 PM EDT, 04/04/2024 (MT Newswires) -- Consumer stocks were higher Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) gaining 1%. In corporate news, Lamb Weston ( LW ) shares dropped nearly 19% after it reported weaker-than-expected fiscal Q3 results and lowered its full-year guidance amid...

01:20 PM EDT, 04/04/2024 (MT Newswires) -- Harmony Gold Mining ( HMY ) said Thursday it has finalized a five-year deal with a coalition of five South African labor unions, covering salary increases and other service conditions. The labor-union coalition, composed of the National Union of Mineworkers, Solidarity, the United Association of SA Mineworkers and Construction Union, and the National...