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Wall Street strategists predict significant gains for healthcare stocks in 2025, despite recent underperformance due to concerns over Robert F. Kennedy Jr.'s nomination to a top health role.
Published on: January 31, 2025, 01:01 AM UTC
Apple's latest earnings report shows reassuring revenue forecast, boosting shares. Despite mixed quarterly results, sales growth in low- to mid-single digits and record-high profits soothe investors. Revenue from China declined and iPhone sales slightly dropped, but services revenue reached an all-time high. The company faces challenges in China, EU scrutiny over App Store dominance, and AI competition.
Published on: January 31, 2025, 01:00 AM UTC
Nationwide to Acquire Allstate's Employer Stop-Loss Segment for $1.25 Billion
Published on: January 31, 2025, 01:00 AM UTC
Mortgage rates remain near last week's levels despite market volatility. The 30-year fixed-rate mortgage averages 6.95%, while the 15-year fixed-rate mortgage is now 6.12%. While rates are down slightly, affordability challenges persist due to high prices and limited inventory.
Published on: January 31, 2025, 12:02 AM UTC
UPS is cutting back on deliveries for Amazon, sending its stock tumbling. The company says the move is part of an overall shift to drive profitability long term.
Published on: January 31, 2025, 12:01 AM UTC
Walgreens Boots Alliance Inc. has suspended its quarterly dividend to conserve cash as the pharmacy chain attempts to revive its business.
Published on: January 31, 2025, 12:01 AM UTC
Grupo Argos' 2024 net profit surges 221% to COP 2.53 trillion ($609 million), driven by growth in energy, cement and airport operations.
Published on: January 31, 2025, 12:00 AM UTC
PPG Industries missed profit estimates amid lower demand for industrial and architectural coatings products. Net sales fell 5% in Q4 due to declining industrial production in the US and Europe.
Published on: January 31, 2025, 12:00 AM UTC
OpenAI is reportedly in talks for a $40B funding led by SoftBank, at a $260B valuation.
Published on: January 30, 2025, 11:06 PM UTC
Hilltop Holdings Inc. reports Q4 earnings of $35.5 million, surpassing Wall Street expectations. Revenue was $404.2 million, net of interest expense was $301.1 million. Zacks Investment Research provides analysis.
Published on: January 30, 2025, 11:06 PM UTC