(Reuters) -Mondelez International Inc beat Wall Street estimates for quarterly results on Tuesday, bolstered by higher prices and resilient demand, but the Oreo maker warned of a hit to full-year profit from the Russia-Ukraine conflict.
(Reuters) -General Motors Co's first-quarter profit beat analyst estimates on Tuesday, as the automaker focused on sales of more expensive models with higher margins, even with production still limited by chip shortages and supply chain disruptions.
Wall Street ended sharply lower on Tuesday, with the Nasdaq closing at its lowest since December 2020 as investors worried about slowing global growth and a more aggressive Federal Reserve.
Mexican breadmaker Grupo Bimbo posted a 10.4% increase in first quarter net profit on Tuesday, boosted by stronger sales volumes.
(Reuters) -General Motors Co said on Tuesday it earned $2.9 billion in the first quarter, compared with analysts' estimates of $2.45 billion, and expects full-year net income of $9.6 billion to $11.2 billion.