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Online money transfer platform Remitly (NASDAQ:RELY) exceeded revenue expectations in Q4 CY2024, with sales up 32.9% year on year. The company expects next quarter's revenue to be around $346.5 million, close to analysts' estimates. Its GAAP loss of $0.03 per share was 67.6% above analysts’ consensus estimates. Discover more about Remitly's performance in our comprehensive research report.
Published on: February 19, 2025, 10:01 PM UTC
Nordson (NDSN) falls short of Q4 earnings estimates, with revenue declining 2.8% YoY to $615.4 million. Adjusted EPS of $2.06 misses by 0.9%, and revenue guidance for Q1 CY2025 comes in below expectations.
Published on: February 19, 2025, 10:01 PM UTC
Fed Holds Rates Amid Inflation, Trump Policy Uncertainty
Published on: February 19, 2025, 10:00 PM UTC
Banco do Brasil forecasts adjusted net profit of R$37-41 billion for 2023, above analyst estimates of R$39.2 billion. Q4 adjusted net profit rose 1.5% YoY to R$9.58 billion, also exceeding expectations of R$9.53 billion.
Published on: February 19, 2025, 10:00 PM UTC
The White House tightens its control over the Federal Reserve's regulation of big banks, giving President Trump's appointees more power over independent agencies.
Published on: February 19, 2025, 09:02 PM UTC
Intel (INTC) stock fell 6% after analysts raised doubts about potential deals with TSMC and Broadcom. TSMC and Broadcom have expressed interest in acquiring parts of Intel, but analysts say regulatory concerns and Intel's own reluctance make these deals unlikely.
Published on: February 19, 2025, 09:02 PM UTC
Former Bank of Canada and Bank of England Governor Mark Carney, a front-runner in the race to replace Justin Trudeau as Liberal Party leader and Canada’s prime minister, has promised to cap the size of the Canadian public service and undertake a program spending review if he becomes prime minister.
Published on: February 19, 2025, 09:01 PM UTC
CEO Jane Fraser of Citigroup (C) received the largest pay increase among Wall Street bank executives, with a 33% rise to $34.5 million for her role in improving the bank's safety and profitability.
Published on: February 19, 2025, 08:03 PM UTC
Walmart Q4 Earnings Preview: Revenue, EPS Expected to Rise; Same-Store Sales to Jump
Published on: February 19, 2025, 08:03 PM UTC
The White House is tightening control over how the Federal Reserve regulates big banks, but monetary policy is still under the Fed's control.
Published on: February 19, 2025, 08:02 PM UTC