Business

Silgan Holdings reports better-than-expected Q4 earnings of 85 cents per share; revenue of $1.41 billion also beats estimates.

Published on: January 29, 2025, 01:09 PM UTC

General Dynamics beats earnings estimates, driven by strong demand for military munitions and vehicles amid global conflicts, but faces uncertainty due to potential defense budget cuts under new Department of Government Efficiency.

Published on: January 29, 2025, 01:08 PM UTC

Rachel Reeves is considering raising taxes again after a record-breaking tax increase in October. Experts predict tax rises are "highly likely" in the Spring Statement on March 26. Six potential tax increases include: lowering income tax thresholds, hiking National Insurance, scrapping the Lifetime Isa, reforming pension tax relief, further hikes to capital gains tax, and axing inheritance tax gifting rule.

Published on: January 29, 2025, 01:08 PM UTC

T-Mobile reports Q4 results beating analyst estimates with strong growth in wireless and home internet subscribers. EPS of $2.57 exceeds expectations, and the company anticipates 5.5-6 million postpaid net additions in 2025, after adding 6.1 million in 2024.

Published on: January 29, 2025, 01:08 PM UTC

Scotts Miracle-Gro Co. (SMG) reported a loss of $69.5 million in its fiscal first quarter, but surpassed Wall Street expectations with revenue of $416.8 million.

Published on: January 29, 2025, 01:07 PM UTC

EY research highlights benefits of DEI initiatives for workforce innovation and productivity improvement, despite recent cutbacks by President Trump and some US companies.

Published on: January 29, 2025, 01:07 PM UTC

Stifel Financial Corp. reports Q4 net income of $244 million, earnings per share of $2.23 (adjusted). Revenue was $1.36 billion. For the year, profit was $731.4 million with revenue of $4.97 billion. Zacks Investment Research report: https://www.zacks.com/ap/SF

Published on: January 29, 2025, 01:07 PM UTC

Virtu Financial Inc. (VIRT) reported fourth-quarter profit of $94.1 million, exceeding Wall Street expectations. Adjusted earnings were $1.14 per share on revenue of $834.3 million. For the year, the company reported profit of $276.4 million on revenue of $1.6 billion.

Published on: January 29, 2025, 01:07 PM UTC

VF Corp. reports strong Q3 sales, beating expectations, with revenue up 2%. Timberland brand sales rose 11%. The company raised its full-year free cash flow guidance and expects revenue to fall 4-6% in Q4. VF Corp. is implementing a turnaround plan, including cost reductions and a leadership reorganization, to revitalize its brands.

Published on: January 29, 2025, 01:07 PM UTC

Extreme Networks Inc. (EXTR) reported a profit of $7.4 million in its fiscal second quarter, with earnings per share of 6 cents. Adjusted earnings were 21 cents per share, and revenue was $279.4 million. For the current quarter ending in March, Extreme Networks expects earnings per share to range from 16 to 20 cents, and revenue to range from $276 million to $284 million.

Published on: January 29, 2025, 01:06 PM UTC