US Stock Reports, Quotes and News
Getinge AB (GETI B), a leading global provider of medical technology products and solutions, reported a 5.2% increase in sales for the first quarter of 2024, with a steady organic sales performance despite previous year's high comparative figures from COVID-19 impacts in China. The company's order intake rose by 7.8%, showing organic growth across all business areas and regions.
CSX Corporation (NASDAQ:CSX) reported a stable first quarter in 2024, meeting expectations despite facing several challenges such as severe weather and the collapse of the Francis Scott Key Bridge in Baltimore. The company demonstrated growth in total volume, with a 7% increase in its intermodal business compared to the previous year. Revenue remained consistent with the previous quarter, while operating margin saw improvement. CSX expressed optimism for the year ahead, focusing on safety, customer service, and cost control. The company also paid tribute to former President and CEO Jim Foote.