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Barrons.comXerox Stock Dives After Swinging to a First-Quarter Loss
Xerox Holdings stock plummeted Tuesday after the workplace technology company swung to a loss in the first quarter. Xerox reported a first-quarter loss of $113 million, or 94 cents a share, down from year-earlier profit of 43 cents. Adjusted earnings in the period were 6 cents a share on revenue of $1.5 billion, below analysts’s estimates for adjusted earnings of 35 cents a share on revenue of $1.53 billion.
- Evening Standard
Best co-op games to play in 2024 with friends and family on consoles and PC
With 30 multiplayer games on our list, you’re sure to find something to play
- PA Media: UK News
PM says investments in weapons companies meet ethical criteria
Rishi Sunak said the Government will seek to incentivise private sector investment by stating that defence investment counts towards ESG assessments.
- Yahoo Finance
US has 'structural shortage' of millions of homes, PulteGroup CEO says
The comments came as the company reported first quarter results that beat Wall Street estimates, sending its stock up as much as 4%.
- Evening Standard
Susan Hall campaigns at Sadiq Khan's childhood home without realising
The Tory London mayoral candidate said that she is the ‘underdog’ in the race, but is ‘fighting extremely hard’
- Cover Media
Happy Birthday John Cena!
Happy Birthday John Cena! John Felix Anthony Cena Jr. turns 47 years old today. Here are five fun facts about the professional wrestler. 1. He is a 16-time WWE World Champion.2. Cena loves collecting cars. 3. He trained to be a bodybuilder before he became a wrestler. 4. Cena's debut rap album, 'You Can't See Me,' went platinum. 5. He holds the record for the most wishes granted by a single individual with the Make-A-Wish-Foundation. Happy Birthday John Cena!
- Yahoo Finance Video
Boeing's problems are good for GE Aerospace: Analyst explains
GE Aerospace (GE) has reported its first quarterly results since becoming an independent company after its spin-off from General Electric. The aerospace developer raised its 2024 profit forecast, buoyed by strong sales for jet engine parts and services. GE Aerospace shares are boosted in Tuesday's trading session after topping first-quarter earnings and revenue estimates. Argus Research President John Eade joins the Morning Brief to provide insights into GE Aerospace's performance. Eade describes the current period as "a good time right now for GE Aerospace" citing multiple tailwinds in the aviation industry — namely Boeing's (BA) production backlog and assembly concerns — coupled with the company's outstanding quarterly report, painting "a great story" for its future. Eade highlights that the separation into an independent entity allowed investors to "capture value" that was previously missing under GE's original broad business model. Shifting his focus to Lockheed Martin (LMT), Eade mentions that the aerospace manufacturer and defense contractor lacks "commercial exposure" and cannot grow as rapidly as GE Aerospace "despite the good news out of Washington" surrounding potential foreign aid packages to Israel and Ukraine. Eade ultimately recommends Lockheed Martin to investors looking for value. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
- Autoblog
Smart #5 concept for Beijing shows how the small-car brand is thinking big
With the tiny ForTwo out of the picture, Smart is looking to expand its range of crossovers with an electric model called #5.
- Barrons.com
Apple’s Special Event Likely to Feature New iPads
On May 7, Apple could unveil its first new iPads since 2022, along with an update to the Apple Pencil stylus and Magic Keyboard.
- The Guardian
Police clash with St George’s Day protesters at rally in central London
Far-right supporters among those believed to be attending march on Whitehall, where group ‘violently’ forced way through cordon
- Evening Standard
FTSE 100 Live 23 April: Index on for another record close, UK recovery accelerates, US stocks up
The FTSE 100 index set a new intraday high this morning after recording an all-time record close last night. The progress follows a strong session on Wall Street as tech stocks including Nvidia returned to favour. Today’s top performing London stocks are Primark owner AB Foods after a strong update and JD Sports Fashion following a US acquisition.
- Insider Monkey
Should You Be Bullish on Arcellx (ACLX)?
Baron Funds, an investment management company, released its “Baron Health Care Fund” first quarter 2024 investor letter. A copy of the same can be downloaded here. The fund advanced 8.92% (Institutional Shares) in the quarter compared to an 8.52% gain for the Russell 3000 Health Care Index (benchmark) and a 10.56% increase for the S&P […]
- BBC
Richard Gadd asks viewers to stop Baby Reindeer speculation
The Netflix series depicts the true story of a stalker who harassed Gadd over a number of years.
- WWD
Zendaya Lights Up ‘Live With Kelly and Mark’ in Tennis Ball-green Vintage Mugler Skirt Suit, Talks New ‘Challengers’ Movie
Zendaya continues her "Challengers" style streak in a green hue reminiscent of a tennis ball.
- PA Media: UK News
Labour leader pledges to tackle rural crime after hearing about armed robbery
Sir Keir Starmer set out Labour’s rural crime strategy as he toured a village in North Yorkshire.
- Kansas City Star
Former NFL GM: Chiefs should prepare for draft like they won’t have Rashee Rice
A former NFL general manager says the Chiefs should prepare for the NFL Draft as if wide receiver Rashee Rice won’t be available this season.
- The Independent
High school and middle school on lockdown as police investigate threat of violence
The hold status has since been lifted as the threat was deemed ‘non-credible’ by police
- Raleigh News and Observer
New downtown Raleigh restaurant will be a hot spot for breakfast, lunch, dinner & drinks
Raleigh will add a glitzy new all-day restaurant this summer.
- Cover Media
This Day in History: William Shakespeare Is Born
The most-performed dramatist of all-time was most likely born on this day in Stratford-upon-Avon, England. Little is known about Shakespeare's early years, mainly because of his unremarkable living situation.
- PA Media: UK News
Andrew Neil: Ofcom needs to grow a backbone over regulating GB News
The former chairman of the channel said he would not have allowed politicians to present political programmes.