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Gap CEO Dismisses Breakup Rumors, Focuses on Growth and Profitability
Published on: January 23, 2025, 02:03 PM UTC
Cisco CEO Chuck Robbins discusses the importance of US-China relations for the global economy and Cisco's business in China, while highlighting concerns over expiring tax cuts and his role in the Business Roundtable.
Published on: January 23, 2025, 02:03 PM UTC
Listen to the Living Not So Fabulously podcast as Phaon Spurlock, a serial entrepreneur, shares his top three tips for budding entrepreneurs.
Published on: January 23, 2025, 02:02 PM UTC
Even a 25% tariff on China would hurt iconic retailer Ralph Lauren (RL). Tariffs could materially impact apparel companies as a sizable portion of their merchandise is sourced from China.
Published on: January 23, 2025, 02:02 PM UTC
Morgan Stanley CEO says pent-up demand for mergers and acquisitions will spur a surge in deal activity, particularly among private equity firms.
Published on: January 23, 2025, 02:01 PM UTC
Jobless claims rose to 223,000 last week, while the number of Americans collecting unemployment benefits hit 1.9 million, the highest level since 2021.
Published on: January 23, 2025, 02:00 PM UTC
GATX shares rose after Q4 revenue beat estimates, with sales up 12.2% YoY to $413.5 million and GAAP profit of $2.10 per share, 24.6% above consensus. Analysts see 7.6% revenue growth in the next 12 months, driven by new products and services.
Published on: January 23, 2025, 02:00 PM UTC
OSI Systems (NASDAQ:OSIS) reported Q4 CY2024 results, exceeding revenue expectations with a 12.5% YoY increase to $419.8 million. Non-GAAP profit was 3.9% above estimates at $2.42 per share. Full-year revenue guidance was raised to $1.70 billion, while Adjusted EPS guidance increased to $9.25. OSI Systems' focus on specialized electronic systems and components, particularly in security, has contributed to its strong performance.
Published on: January 23, 2025, 02:00 PM UTC
First Bancorp reports Q4 profit of $75.7 million, surpassing Wall Street expectations with earnings of 46 cents per share.
Published on: January 23, 2025, 01:06 PM UTC
Valley National Bancorp (VLY) reported a Q4 net income of $115.7 million, below expectations, with EPS of 20 cents, while revenue of $886 million topped estimates.
Published on: January 23, 2025, 01:06 PM UTC