Posts with tag: AI
Walgreens Boots Alliance Inc. Suspends Quarterly Dividend as Cash Needs Loom
Published on: January 30, 2025, 11:03 PM UTC
Atlassian shares jump 16% after projecting strong Q3 revenue and raising FY revenue forecast, fueled by demand for AI-enabled cloud services.
Published on: January 30, 2025, 10:05 PM UTC
Arthur J. Gallagher, an insurance brokerage, reports a $258.2 million profit in Q4 due to increased insurance activity boosting fees and commissions.
Published on: January 30, 2025, 10:04 PM UTC
Asia's richest family, the Ambanis, have acquired a 49% stake in the Oval Invincibles, the first Hundred franchise to be sold. This purchase marks their entry into the English cricket market, where they will share control with Surrey County Cricket Club.
Published on: January 30, 2025, 07:01 PM UTC
Norway's $1.8 trillion wealth fund remains committed to investing in renewable energy assets, both listed and private, despite recent market setbacks.
Published on: January 30, 2025, 01:09 PM UTC
SunCoke Energy (SXC) reports Q4 earnings of $0.28 per share, misses estimates. Revenue for the quarter came in at $486 million, while annual revenue was $1.94 billion.
Published on: January 30, 2025, 01:07 PM UTC
Parker-Hannifin Corp. reports $948.5 million in profit for fiscal second quarter; earnings beat estimates, revenue misses.
Published on: January 30, 2025, 01:06 PM UTC
Flagstar Financial reports a fourth-quarter loss of $160 million, or 41 cents per share. Adjusted for one-time items, the loss was 34 cents per share, beating analysts' expectations of a loss of 50 cents per share. Revenue was $1.52 billion, with net revenue of $625 million, both exceeding analysts' forecasts. For the year, the company reported a profit of $1.09 billion, or $3.40 per share, on revenue of $2.55 billion.
Published on: January 30, 2025, 12:06 PM UTC
Molson Coors Beverage Co. to buy 8.5% stake in Fevertree Drinks Plc for £71 million, helping the British company expand into the US and use Molson Coors' production sites.
Published on: January 30, 2025, 10:01 AM UTC
European and US stock futures rise ahead of the European Central Bank's rate decision and amid shifting bets on AI. Asian shares edge up slightly, but liquidity is thin due to Lunar New Year holiday closures. Key events this week include the ECB rate decision and US GDP data.
Published on: January 30, 2025, 07:01 AM UTC