Stock Movers

Honeywell's Strong Guidance; GM Panic; UPS Job Cuts


Listen Later

On this episode of Stock Movers:
- Honeywell (HON) is up after issuing a beat on estimates and raising full-year guidance. Honeywell expressed caution going forward, slightly lowering the top end of its sales and profit-margin forecasts due to tariffs and an uncertain global demand environment for the remainder of this year.
- General Motors (GM) shares are lower after withdrawing its earnings guidance for 2025 and putting $4 billion in share buybacks on hold due to uncertainty around US tariffs. Because the original guidance didn’t include impact from tariffs, prior guidance can’t be relied upon,” Paul Jacobson, the company’s chief financial officer, said on a call with reporters. “We will update when we have more information on tariffs.”
- UPS (UPS) shares are on the rise after announcing job cuts and earnings. UPS expects to cut 20,000 jobs this year and close facilities due to lower volumes from Amazon. It reported adjusted earnings of $1.49 a share for the first quarter, topping analyst estimates, but backed away from its 2025 financial guidance due to macroeconomic uncertainty.
- Royal Caribbean (RCL) shares are higher after the cruise operator boosted its adjusted earnings per share forecast for the full year. CEO Jason Liberty says “Bookings for 2025 have remained on track, cancellation levels are normal, and we continue to see excellent close-in demand”

See omnystudio.com/listener for privacy information.

...more
View all episodesView all episodes
Download on the App Store

Stock MoversBy iHeartPodcasts

  • 4.6
  • 4.6
  • 4.6
  • 4.6
  • 4.6

4.6

19 ratings


More shows like Stock Movers

View all
Bloomberg Intelligence by Bloomberg

Bloomberg Intelligence

406 Listeners

Bloomberg Surveillance by Bloomberg

Bloomberg Surveillance

1,173 Listeners

Masters in Business by Bloomberg

Masters in Business

2,175 Listeners

Odd Lots by Bloomberg

Odd Lots

1,993 Listeners

Bloomberg Businessweek by Bloomberg

Bloomberg Businessweek

427 Listeners

Wall Street Breakfast by Seeking Alpha

Wall Street Breakfast

1,044 Listeners

Thoughts on the Market by Morgan Stanley

Thoughts on the Market

1,320 Listeners

Here's Why by Bloomberg

Here's Why

65 Listeners

Wall Street Week by Bloomberg

Wall Street Week

64 Listeners

The Big Take by Bloomberg

The Big Take

155 Listeners

Bloomberg Daybreak: US Edition by Bloomberg

Bloomberg Daybreak: US Edition

87 Listeners

The Markets by Goldman Sachs

The Markets

80 Listeners

Bloomberg News Now by Bloomberg

Bloomberg News Now

81 Listeners

Bloomberg Daybreak: Asia Edition by Bloomberg

Bloomberg Daybreak: Asia Edition

9 Listeners

Bloomberg Daybreak: Europe Edition by Bloomberg

Bloomberg Daybreak: Europe Edition

11 Listeners