Published on February 19, 2025, 11:05 PM UTC
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Mortgage rates ticked down slightly this week to 6.85% for 30-year fixed-rate mortgages and 6.04% for 15-year mortgages.
Published on: February 20, 2025, 11:03 PM UTC
CTO Realty Growth reports Q4 FFO of $0.49 per share, exceeding Wall Street expectations of $0.48. Annual FFO reaches $50.8 million, with revenue at $124.5 million. Company projects full-year FFO between $1.93 and $1.98 per share.
Published on: February 20, 2025, 10:08 PM UTC
Shares of Palantir Technologies (PLTR) plunge 10% on news of CEO's stock sale plan and defense spending cuts. Insiders have been aggressively selling stock, and the company's reliance on top customers is a concern. Despite strong Q4 results, analysts are revising EPS expectations downward for 2025 and 2026.
Published on: February 20, 2025, 02:02 PM UTC
The pharmaceutical industry and pharmacy benefit managers (PBMs) are at odds in Washington, D.C., as drug companies push for policies that would benefit patients at the expense of PBM profits. PBMs, such as CVS Caremark, defend their value in the healthcare system, while scrutiny from policymakers intensifies and new models for low-cost prescription access emerge.
Published on: February 20, 2025, 03:01 AM UTC
Bausch & Lomb CEO Brent Saunders has ruled out a sale of the contact lens maker in 2025, despite exploring a deal earlier this year.
Published on: February 19, 2025, 02:01 PM UTC