Business

Hyatt Hotels to acquire Playa Hotels & Resorts in a $2.6 billion deal.

Published on: February 10, 2025, 01:01 PM UTC

Rockwell Automation (NYSE:ROK) missed Q4 revenue estimates but exceeded earnings per share (EPS) expectations, leading to a 6.2% stock surge. Despite falling revenue, profitability metrics improved, including operating margin and adjusted EPS beat, indicating operational efficiency.

Published on: February 10, 2025, 01:00 PM UTC

Tariffs between the US and Canada cause uncertainty and potential losses for businesses, despite some gains for domestic producers who benefit from the increased cost of imports.

Published on: February 10, 2025, 12:05 PM UTC

BP shares surge after Elliott's stake revealed, with investors hoping for change amid disappointing earnings predictions. Murray Auchincloss set to present new company strategy on February 26th.

Published on: February 10, 2025, 12:05 PM UTC

BP's shares rise after Elliott Management takes a stake in the energy giant. The activist investor is known for pushing for significant changes at companies, including strategy shifts, CEO departures, and even corporate breakups. BP has struggled in recent years, and Elliott is likely to pressure the company to improve its performance and shareholder value.

Published on: February 10, 2025, 12:04 PM UTC

Content creator Mary Esposito reveals how she generates income from social media on Yahoo Finance's Stocks in Translation. Learn the secrets behind viral posts, sponsorships, and the impact of social media platforms on content creators.

Published on: February 10, 2025, 12:04 PM UTC

Activist Robby Starbuck targets JPMorgan Chase over DEI initiatives, prompting CEO Jamie Dimon to defend the bank's commitment to diversity, equity, and inclusion. Amidst growing political debate, companies across industries are re-evaluating their DEI policies, with some reversing course while others remain steadfast.

Published on: February 10, 2025, 12:02 PM UTC

Electric vehicle maker Rivian opens sales of its delivery vans to all fleet sizes in the US, aiming to capitalize on demand beyond its exclusive deal with Amazon.

Published on: February 10, 2025, 12:01 PM UTC

Shopify's AI-powered e-commerce platform, Shopify Magic, empowers small businesses to automate tasks, enhance customization, and grow their online stores amidst challenging retail conditions.

Published on: February 10, 2025, 12:01 PM UTC

Itau Unibanco, Latin America's largest bank, has outperformed its competitors due to its predictable and steady approach in a challenging economic environment. Its competitive advantages, such as a large client base, strong brand, and profitability, have attracted investors, making it the only Brazilian bank with no "sell" recommendations. Itau has strategically ceded ground in some markets to fintechs while reshaping its business, maintaining profitability and expansion. However, challenges remain, including potential impacts from a slowing Brazilian economy and rising interest rates, which could affect its loan book growth and return on equity.

Published on: February 10, 2025, 12:00 PM UTC