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The Perrodo family, behind European oil giant Perenco, is diversifying its portfolio with investments in real estate, diamonds, and clothing. The family office, BNF Capital, and property developer, Kronos, are leading the diversification efforts. Perwyn Advisors, the family's private equity arm, has invested in businesses such as the European Sperm Bank and online travel agent Cruiseline.
Published on: January 28, 2025, 01:05 PM UTC
Netflix Surges with Record Growth, Ad-Tier Revenue Expected to Rise in 2026 as Streaming Wars Intensify
Published on: January 28, 2025, 01:04 PM UTC
Lockheed Martin forecasts 2025 profit below expectations, shares fall 4%. The defense giant faces delays in upgrading the F-35, cautious outlook due to global tensions.
Published on: January 28, 2025, 01:04 PM UTC
Despite political uncertainty, Jonathan Lovitz, former Biden adviser, says small business owners can thrive by accessing local and state support, building connections, and leveraging the strength of the LGBTQ+ community.
Published on: January 28, 2025, 01:04 PM UTC
The fourth edition of Yahoo Finance's Chartbook provides an in-depth analysis of the current economic and market landscape, exploring key trends and insights from leading experts in finance, economics, and market strategy. It covers topics such as the Federal Reserve's interest rate policy, the impact of tariffs and the Trump administration on the economy and markets, the dynamics of the ongoing bull market, and the challenges and opportunities presented by the changing economic cycle. The Chartbook highlights how the rise in US 10-year Treasury yields, along with the heightened uncertainty surrounding trade policy and fiscal imbalances, has led to a reassessment of market risks. It also examines how the tech sector's dominance in the S&P 500 has widened the valuation gap between the US and its European counterparts. Additionally, the Chartbook discusses the importance of labor market dynamics, corporate earnings growth, and the potential impact of a prolonged bull market on future returns. It also explores the role of technology in driving the real economy and the implications of fiscal policy on markets and the Federal budget deficit. Overall, this Chartbook provides a comprehensive and insightful overview of the key factors shaping the financial markets and the broader economy, helping investors and market participants navigate the complex and evolving landscape.
Published on: January 28, 2025, 01:02 PM UTC
Americans pay less in taxes than those in most other advanced economies, but this comes with trade-offs. The US relies on state and local taxes for social programs, and has a smaller safety net than European countries with higher taxes.
Published on: January 28, 2025, 01:01 PM UTC
Commvault Systems (CVLT) surpasses expectations in Q4 with strong revenue growth, positive guidance, and improved profitability. Analyze the financial highlights and key takeaways from the earnings report to determine if now is the right time to invest.
Published on: January 28, 2025, 01:00 PM UTC
Polaris Inc. (PII) reports better-than-expected Q4 net income of $10.6 million ($0.19 per share) on revenue of $1.76 billion.
Published on: January 28, 2025, 12:06 PM UTC
Royal Caribbean Cruises Ltd. (RCL) reported better-than-expected Q4 earnings, with adjusted EPS of $1.63 beating estimates by $0.13 and revenue of $3.76 billion. Full-year profit reached $2.88 billion, with revenue of $16.48 billion. For the current quarter, the company anticipates EPS between $2.43 and $2.53 and full-year earnings between $14.35 and $14.65 per share.
Published on: January 28, 2025, 12:06 PM UTC
Kimberly-Clark Corp. (KMB) reported fourth-quarter profit of $447 million. Earnings, adjusted for non-recurring costs, came to $1.50 per share. Revenue was $4.93 billion.
Published on: January 28, 2025, 12:06 PM UTC