Stay updated with the latest business news, market trends, expert insights, and industry updates to help you stay ahead in the competitive world of business.
Honeywell to Split into Three: Automation, Aerospace, and Advanced Materials
Published on: February 06, 2025, 01:01 PM UTC
Tapestry raises annual sales and profit forecast on strong demand for its Coach Tabby bags and suede boots.
Published on: February 06, 2025, 01:00 PM UTC
Honeywell International plans to split into three independent companies, separating its aerospace division from its automation business and spinning off its advanced-materials arm.
Published on: February 06, 2025, 01:00 PM UTC
Auto parts supplier BorgWarner forecasts lower revenue and profit in 2025 due to reduced vehicle production and a strong US dollar, impacting the Western auto industry.
Published on: February 06, 2025, 01:00 PM UTC
Xcel Energy reports Q4 net income of $464 million, below expectations. Revenue of $3.12 billion also missed forecasts.
Published on: February 06, 2025, 12:08 PM UTC
Entegris Inc. (ENTG) reported fourth-quarter net income of $102.2 million, beating expectations. Adjusted earnings were 84 cents per share, revenue was $849.8 million. For the current quarter, Entegris expects earnings of 64-71 cents per share and revenue of $775-$805 million.
Published on: February 06, 2025, 12:08 PM UTC
Maximus Inc. (MMS) reported a profit of $41.2 million in its fiscal first quarter, with earnings per share of 69 cents. Adjusted earnings were $1.61 per share, on revenue of $1.4 billion. Maximus expects full-year earnings in the range of $5.90 to $6.20 per share, and revenue between $5.2 billion and $5.35 billion.
Published on: February 06, 2025, 12:08 PM UTC
AllianceBernstein logs $105.4 million in net income for the fourth quarter; $1.05 per share earnings
Published on: February 06, 2025, 12:07 PM UTC
Haemonetics Corp. reported fiscal third-quarter net income of $37.5 million, or 74 cents per share. Adjusted earnings were $1.19 per share, meeting Wall Street expectations. Revenue was $348.5 million.
Published on: February 06, 2025, 12:07 PM UTC
Zimmer Biomet (ZBH) reports Q4 EPS of $2.31, beats estimates by $0.01. Revenue of $2.02B exceeds consensus of $2.01B.
Published on: February 06, 2025, 12:07 PM UTC