Business

Reynolds Consumer Products reported Q4 profit of $121 million, meeting expectations with revenue of $1.02 billion exceeding forecasts. For the year, the company reported a profit of $352 million.

Published on: February 05, 2025, 01:06 PM UTC

Honda Motor's stock surges 6% in premarket trading amid reports that a merger with Nissan is in jeopardy. According to the Financial Times, Honda proposed a new structure that would make Nissan a wholly-owned subsidiary, departing from the original "merger of equals" plan.

Published on: February 05, 2025, 01:05 PM UTC

IT solutions provider CDW beats Wall Street estimates for Q4 as demand for its services grows, driven by small and medium-sized businesses.

Published on: February 05, 2025, 01:05 PM UTC

Hedge fund Starboard Value nominates four directors to Kenvue's board, seeking accountability and better stockholder representation.

Published on: February 05, 2025, 01:04 PM UTC

Snap Inc. beats revenue estimates and raises its forecast, indicating its ad revamp is successful. Daily active users also increase, reaching 453 million in Q4. The company's focus on video content and new ad choices attract small and medium-sized marketers.

Published on: February 05, 2025, 01:04 PM UTC

Timken (NYSE:TKR) reported Q4 revenue of $1.07B, beating estimates but declining 1.6% YoY. Non-GAAP EPS of $1.16 was 17.2% above consensus. Adjusted EBITDA of $178.2M also surpassed estimates. Despite a mixed quarter, analysts expect revenue growth of 1.4% and EPS growth of 9.5% over the next 12 months.

Published on: February 05, 2025, 01:04 PM UTC

Former surgeon Dr. Kevin O'Sullivan shares his experience as a successful entrepreneur and offers insights into his financial strategies. With expertise from financial advisors, explore his approach to maximizing income, minimizing taxes, and planning for future wealth preservation.

Published on: February 05, 2025, 01:04 PM UTC

US stocks closed higher on Tuesday, led by Big Tech, as investors assessed China's swift retaliation to US President Donald Trump's recent tariffs and weighed the potential risks of a trade war.

Published on: February 05, 2025, 01:03 PM UTC

Chipotle fights off headwinds, meets Q4 expectations, reports strong sales growth and margin expansion. The company forecasts continued growth in 2025, despite potential tariff impacts and plans to open new locations. Chipotle is also testing new technology to improve throughput and efficiency.

Published on: February 05, 2025, 01:02 PM UTC

Disney Q1 earnings beat expectations, with streaming profit, despite setbacks in parks and Disney+ subscriber decline.

Published on: February 05, 2025, 01:01 PM UTC