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● Cigarette shipment volume, led by Marlboro, is the figure market participants watch most closely.
● Revenue declined roughly 4% and came in below Wall Street expectations, according to coverage.
● Call summaries put volume growth at roughly 2.4%, suggesting demand contributed alongside pricing.
● Deliveries topped Wall Street expectations by more than 1,200 units.
● The schedule was announced on October 8, with a conference call to follow.
● A non-cash goodwill impairment of about 52 million Canadian dollars deepened the quarterly loss.
● Tesla reported third-quarter results on October 21, with revenue roughly flat from a year earlier.
Stellantis (NYSE:STLA) shares are indicated up 7.69% at $4.46 in premarket after third-quarter results beat revenue and adjusted EPS estimates and the automaker reaffirmed its 2026 guidance. Net revenues rose 1% to 37.6 billion euros even as shipments fell 1% to 1.3 million units. …
Constellation Brands (NYSE:STZ) shares are trading down 3.34% to $131.09 for a third straight session, even as RBC Capital reiterated an Outperform rating and a $182 price target. RBC argues the market is too pessimistic and that beer headwinds are cyclical, with Hispanic consumerDemandexpected …
General Motors (NYSE:GM) shares are trading up 5.63% to $80.61 after the company announced it will transfer its listing to the Nasdaq Global Select Market from the New York Stock Exchange. The stock is expected to remain listed on the NYSE through market close …
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