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US October nonfarm payrolls seen taking a hit from striking aerospace, hotel workers

UPDATE 1-US October nonfarm payrolls seen taking a hit from striking aerospace, hotel workers Adds details throughout By Lucia Mutikani WASHINGTON, Oct 25 (Reuters) - U.S. nonfarm payrolls in October could be reduced by as many as 41,000 jobs amid strikes in the aerospace manufacturing industry and at three hotel chains, government data showed on Friday.
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Striking Boeing workers likely to weigh on US payrolls in October

Striking Boeing workers likely to weigh on US payrolls in October WASHINGTON, Oct 25 (Reuters) - A strike by Boeing BA.N factory workers could subtract about 33,000 jobs from U.S. nonfarm payrolls in October, government data showed on Friday. The Labor Department's monthly strike report showed 33,000 Boeing employees were idle at the planemaker's plants in California, Oregon and Washington state during the October payrolls survey.
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S&P 500 top and bottom performing stocks at about 03:30 p.m. EDT

BUZZ - S&P 500 top and bottom performing stocks at about 03:30 p.m. EDT S&P 500 .SPX Top Performers Percent Change Tesla Inc TSLA.OQ +21.8% Molina Healthcare Inc MOH.N +18.8% West Pharmaceutical Services Inc WST.N +15.3% CBRE Group Inc CBRE.N +8.5% Raymond James Financial Inc RJF.N +7.2% Bottom Performers Percent Change Newmont Corporation NEM.N -1
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U.S. STOCKS Newmont, Monopar Therapeutics, TKO Group

BUZZ-U.S. STOCKS ON THE MOVE-Newmont, Monopar Therapeutics, TKO Group Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The Nasdaq jumped on Thursday, driven by Tesla's positive earnings forecast, which buoyed market sentiment despite declines from other corporate results and pressure from rising Treasury yields.
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Textron Inc reports results for the quarter ended in September 30 - Earnings Summary

Textron Inc reports results for the quarter ended in September 30 - Earnings Summary Textron Inc TXT.N reported quarterly adjusted earnings of $1.40​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $1.49. The mean expectation of sixteen analysts for the quarter was for earnings of $1.49 per share.
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S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT

BUZZ - S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT S&P 500 .SPX Top Performers Percent Change Molina Healthcare Inc MOH.N +23.8% Tesla Inc TSLA.OQ +18.9% West Pharmaceutical Services Inc WST.N +18.1% CBRE Group Inc CBRE.N +9.3% Align Technology Inc ALGN.OQ +7.7% Bottom Performers Percent Change Newmont Corporation NEM.N -11.4%
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U.S. STOCKS Teck Resources, Nasdaq, T-Mobile

BUZZ-U.S. STOCKS ON THE MOVE-Teck Resources, Nasdaq, T-Mobile Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The S&P 500 and the Nasdaq rebounded on Thursday, after Tesla's upbeat earnings forecast lifted market sentiment following a selloff in the previous session, kicking off megacap results on a promising note.
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Textron falls after lowering FY profit forecast

BUZZ-Textron falls after lowering FY profit forecast ** Shares of Cessna jet maker Textron TXT.N fall 5% to $83 premarket ** Company lowers its annual profit forecast on Thursday , citing impact of the four-week strike by 5,000 workers at its Wichita plant ** TXT now expects 2024 adjusted profit per share to be between $5.40 and $5.60, down from it
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Textron lowers annual profit forecast on impact from Wichita strike

Textron lowers annual profit forecast on impact from Wichita strike Oct 24 (Reuters) - Cessna jet maker Textron TXT.N lowered its annual profit forecast on Thursday, citing impact of the four-week strike by 5,000 workers at its Wichita plant. The company now expects its 2024 adjusted profit per share to be between $5.40 and $5.60, down from its previous forecast of $6.20 to $6.40. "The labor disruption adversely impacted our third-quarter results and we expect it to negatively affect fourth-quar
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Textron Q3 Adjusted EPS USD 1.4 Vs. IBES Estimate USD 1.49

BRIEF-Textron Q3 Adjusted EPS USD 1.4 Vs. IBES Estimate USD 1.49 Oct 24 (Reuters) - Textron Q3 net income USD 223 million. Q3 revenue USD 3,427 million vs. IBES estimate USD 3,505 million Q3 EPS USD 1.18
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Markets bounce as Tesla surges, yields retreat

MORNING BID AMERICAS-Markets bounce as Tesla surges, yields retreat A look at the day ahead in U.S. and global markets from Mike Dolan Markets caught a break on Thursday as the white heat of the corporate earnings season saw a beat for megacap Tesla TSLA.O that sent its shares surging 12% before the bell while bond yields beat a retreat on soft business surveys overseas.
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Textron Announces CFO Frank Connor Retirement Effective February 28, 2025

BRIEF-Textron Announces CFO Frank Connor Retirement Effective February 28, 2025 Oct 23 (Reuters) - Textron Inc TXT.N : TEXTRON ANNOUNCES CFO FRANK CONNOR RETIREMENT EFFECTIVE FEBRUARY 28, 2025 DAVID ROSENBERG TO SUCCEED FRANK CONNOR AS TEXTRON CFO Source text for Eikon: ID:nBw1N8THwa Further company coverage: TXT.N
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Textron names insider Rosenberg as new CFO

UPDATE 2-Textron names insider Rosenberg as new CFO Adds details from release throughout Oct 23 (Reuters) - Textron TXT.N named insider David Rosenberg as its new chief financial officer on Wednesday, succeeding company veteran Frank Connor, who plans to retire in 2025. Rosenberg, who is vice president of investor relations, will take over the role at the Cessana jet maker from March 1, 2025, the company said.
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Textron CFO Frank Connor to retire from the firm in February 2025

Textron CFO Frank Connor to retire from the firm in February 2025 Oct 23 (Reuters) - Textron TXT.N said on Wednesday that its Chief Financial Officer Frank Connor has notified the company that he intends to retire on Feb. 28, 2025. Reporting by Jaiveer Singh Shekhawat in Bengaluru; Editing by Alan Barona
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Textron Inc <TXT.N> expected to post earnings of $1.49 a share - Earnings Preview

Textron Inc expected to post earnings of $1.49 a share - Earnings Preview Textron Inc TXT.N , TXT is expected to show a rise in quarterly revenue when it reports results on October 24 for the period ending September 30 2024 The Providence Rhode Island-based company is expected to report a 4.8% increase in revenue to $3.505 billion from $3.34 billion a year ago, according to the mean estimate from 12 analysts, based on LSEG data.
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US stocks catch their breath at top of earnings-heavy week

LIVE MARKETS-US stocks catch their breath at top of earnings-heavy week S&P 500, Dow end lower; Nasdaq advances Real Estate weakest S&P sector; Tech sole gainer Dollar, crude advance; gold ~flat; bitcoin off ~1% U.S. 10-Year Treasury yield jumps to ~4.19% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com U.S.
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Boeing shares rise after labor offer but analysts wary of worker pushback

UPDATE 4-Boeing shares rise after labor offer but analysts wary of worker pushback Analysts say offer to add over $1 billion to wage bill Wells Fargo says offer may not pass Boeing still faces task of ramping up production Adds comments from picket line, paragraphs 6-10 By Abhijith Ganapavaram, Allison Lampert and Matt McKnight Oct 21 (Reuters) - Boeing BA.N shares rose 3% on Monday on hopes of an end to a crippling strike, although some analysts questioned whether a proposed labor contract unve
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Boeing's new proposal may lead to $1 bln in wage-related costs over four years

Boeing's new proposal may lead to $1 bln in wage-related costs over four years Oct 21 (Reuters) - Boeing BA.N is expected to book more than $1 billion in wage-related expenses from its proposed labor contract , analysts said, although its shares rose 4% on Monday on hopes of an end to a crippling strike. About 33,000 workers will vote on the contract proposal on Wednesday after a more than month-long work stoppage, which has halted production of models including its best-selling 737 MAX narrowbo
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IAM Says Wichita Local 774 Machinists Vote To Accept Latest Contract Offer From Textron Aviation

BRIEF-IAM Says Wichita Local 774 Machinists Vote To Accept Latest Contract Offer From Textron Aviation Oct 20 (Reuters) - IAM: WICHITA LOCAL 774 MACHINISTS VOTE TO ACCEPT LATEST CONTRACT OFFER FROM TEXTRON AVIATION IAM: TEXTRON IAM WORKERS WILL RETURN TO WORK BEGINNING WEDNESDAY, OCT. 23. Source text: https://tinyurl.com/2yxah2uo Further company co
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CPSC Textron Specialized Vehicles Expands Recall Of Arctic Cat And Tracker Side By Side Recreational Off Highway Vehicles Due To Crash Hazard

BRIEF-CPSC Textron Specialized Vehicles Expands Recall Of Arctic Cat And Tracker Side By Side Recreational Off Highway Vehicles Due To Crash Hazard Oct 17 (Reuters) - Textron Inc TXT.N : CPSC: TEXTRON SPECIALIZED VEHICLES EXPANDS RECALL OF ARCTIC CAT AND TRACKER SIDE BY SIDE RECREATIONAL OFF HIGHWAY VEHICLES DUE TO CRASH HAZARD CPSC: TEXTRON SPECIA
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