Posts with tag: blog
Breakfast staples like eggs, orange juice, and coffee are seeing sharp price increases due to factors such as bird flu, crop shortages, and weather events. Egg prices have hit record highs, while orange juice and coffee costs are also rising rapidly. Grocers are limiting egg purchases, and restaurants are adding surcharges to offset the increased costs.
Published on: February 12, 2025, 03:02 PM UTC
CVS Health beats profit expectations despite rising costs in its insurance division. Q4 earnings were $1.30 per share, exceeding analyst estimates of 89 cents per share. However, the profit fell short of the previous year's earnings. CVS foresees full-year adjusted earnings between $5.75 and $6 per share.
Published on: February 12, 2025, 02:05 PM UTC
US inflation keeps rising, signaling that price pressures remain strong.
Published on: February 12, 2025, 02:05 PM UTC
The U.S. consumer price index increased more than expected in January, reinforcing the Federal Reserve's message that it was in no rush to resume cutting interest rates.
Published on: February 12, 2025, 02:00 PM UTC
Healthcare Services Group Inc. (HCSG) reported earnings of $11.9 million in its fourth quarter. The provider of housekeeping, laundry, and dietary services to health care facilities posted revenue of $437.8 million in the period.
Published on: February 12, 2025, 01:07 PM UTC
The tech-laden "Magnificent Seven" stocks, including Meta, Amazon, Google, Apple, Nvidia, Microsoft, and Tesla, have underperformed expectations. A Trivariate Research analyst recommends reducing exposure due to concerns about high capital expenditures, elevated valuations, and over-ownership.
Published on: February 12, 2025, 01:03 PM UTC
Lithia Motors (NYSE:LAD) reports better-than-expected Q4 revenue of $9.22 billion, with sales up 20.2% YoY. Its non-GAAP EPS of $7.79 per share beat estimates by 8.2%. Find out if now is the time to buy LAD in our full research report.
Published on: February 12, 2025, 01:00 PM UTC
Japan requests exemption from US steel and aluminum tariffs, after losing duty-free status.
Published on: February 12, 2025, 10:00 AM UTC
Tariffs on Mexico and Canada could lead to higher food and vegetable prices for US shoppers, says Ahold Delhaize CEO Frans Muller.
Published on: February 12, 2025, 09:00 AM UTC
January's Consumer Price Index report is expected to show a 2.9% inflation rate, with core inflation rising to 3.1%. Investors are watching for signs that inflation pressures are easing, as the Federal Reserve considers future interest rate cuts.
Published on: February 12, 2025, 02:02 AM UTC