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Kaiser Aluminum Corp. (KALU) reports Q4 net income of $7.1 million ($0.43 per share), below analysts' estimates. For the year, the company reported profit of $46.8 million, or $2.87 per share, on revenue of $3.02 billion.
Published on: February 19, 2025, 11:09 PM UTC
Teekay Corporation reports earnings of $25.2 million in its fourth quarter.
Published on: February 19, 2025, 11:06 PM UTC
New Gold Inc. reports fourth-quarter earnings of $55.1 million, topping Wall Street expectations, with revenue of $262.2 million.
Published on: February 19, 2025, 11:05 PM UTC
Fortescue's first-half profit down 53% as iron ore prices weaken
Published on: February 19, 2025, 11:05 PM UTC
Fed Vice Chair Jefferson says the Federal Reserve has time to consider its next monetary policy move given the robust economy and still-elevated inflation.
Published on: February 19, 2025, 11:05 PM UTC
The S&P 500 hits new record high on strong earnings and Fed minutes; Garmin surges on better-than-expected results, while Celanese plunges on operating losses.
Published on: February 19, 2025, 11:04 PM UTC
The White House is tightening its control over the Federal Reserve's regulation of big banks, giving President Trump's appointees more power over independent agencies. However, the new order makes it clear that monetary policy will remain under the Fed's full control.
Published on: February 19, 2025, 11:03 PM UTC
Intel stock plunged 6% Wednesday after analysts expressed skepticism over reports of potential deals with TSMC and Broadcom. Intel shares surged 16% Tuesday on news TSMC was considering controlling some or all of Intel's semiconductor factories. However, analysts say a TSMC-Intel deal could face regulatory scrutiny, and it wouldn't make sense for TSMC to take control of Intel's manufacturing facilities due to separate manufacturing processes.
Published on: February 19, 2025, 11:03 PM UTC
Short sellers have lost $73 billion in 2025 as the S&P 500 rallied, leading to short squeezes in stocks like Super Micro Computer, Hims & Hers Health, Oklo, and BigBear.ai.
Published on: February 19, 2025, 11:03 PM UTC
A report of coming layoffs at the Federal Housing Administration is casting fresh doubts about the future of an office responsible for insuring millions of mortgages across the country.
Published on: February 19, 2025, 11:03 PM UTC