Posts with tag: Asia
Airbus CEO seeks EU antitrust approval for space merger talks with Thales and Leonardo.
Published on: February 20, 2025, 11:00 AM UTC
Meta's strong fundamentals, rather than its relationship with President Trump, are driving its stock to record highs. Morgan Stanley analyst Brian Nowak believes the company's improving platform and advertising dynamics are behind its success.
Published on: February 12, 2025, 06:02 PM UTC
Zips Car Wash files for Chapter 11 bankruptcy, plans to hand over control to lenders amidst $1B+ in debt
Published on: February 06, 2025, 05:01 AM UTC
Pfizer's Q4 2024 earnings beat expectations, with revenue up 7% YoY to $63.6B and EPS of $3.12 exceeding estimates. The company is downsizing to offset waning COVID-19 product revenue, targeting $4.5B in savings by 2025. Despite headwinds such as patent expirations and Medicare price negotiations, Pfizer aims to enhance shareholder value through R&D productivity and strategic priorities.
Published on: February 04, 2025, 05:03 PM UTC
Ferrari NV (RACE) beats Q4 expectations with $410.7
Published on: February 04, 2025, 02:05 PM UTC
China's factory activity grew at a slower pace in January as staffing levels fell and trade uncertainties increased. The Caixin/S&P Global manufacturing PMI fell to 50.1 from 50.5, indicating a slowdown but still above the 50 mark that separates growth from contraction. The survey also showed that new export orders declined for a second straight month, while average selling prices fell at the fastest pace since July 2023. Manufacturers reported improved domestic demand, but rising uncertainty in international policies could worsen China's export environment and pose significant challenges for the economy.
Published on: February 03, 2025, 05:02 AM UTC
Banco Santander-Chile reports fourth-quarter profit of $285 million, exceeding Wall Street expectations.
Published on: January 31, 2025, 12:06 PM UTC
Americans pay lower taxes than citizens of other developed countries, primarily due to the absence of a value-added tax (VAT) and a lower overall tax burden at 25.2% of GDP. However, this tax savings comes with trade-offs, including a reliance on states for social programs and a smaller federal safety net.
Published on: January 28, 2025, 03:03 PM UTC
AI Technology Raises Concerns About US Electricity Demand Growth and Slows Utility Sector Stocks
Published on: January 28, 2025, 12:00 AM UTC