Tag: Blogging

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Continental to Close Four Plants, Impacting 580 Employees

Continental's ContiTech division to close four plants, affecting 580 employees

Red River Bancshares Inc. Reports Q4 Earnings

Red River Bancshares reports Q4 net income of $9.3 million ($1.37 per share) on revenue of $40.6 million. Full-year profit was $34.2 million ($4.95 per share) on revenue of $109.7 million.

S&T Bancorp Inc. Q4 Earnings Top Estimates

S&T Bancorp Inc. (STBA) reported fourth-quarter earnings of $33.1 million, surpassing analysts' estimates. Revenue reached $139 million, missing expectations. For the year, profit was $131.3 million.

UPS Revenue Outlook Falls Short, Amazon Factor Clouds Forecast

UPS forecasts 2025 revenue below expectations due to Amazon's reduced reliance and customers opting for slower deliveries.

Mulberry Unveils Plan for Return to Profitability

UK luxury brand Mulberry unveiled a plan to return to profitability by focusing on the UK, accelerating growth in the US, and aligning operations in Asia.

Trump Escalates Attack on Fed, Accusing Powell and Central Bank of Failing to Control Inflation

President Trump criticizes the Federal Reserve's decision to hold interest rates steady, accusing it of failing to control inflation and focusing on "DEI" and "green" energy instead of bank regulation.

Orosur Mining Reports Profit in Fiscal Q2

Orosur Mining Inc. reports second-quarter profit of $2.1 million, with earnings per share of 1 cent. Adjusted earnings came to less than 1 cent per share.

Argentina Plans 'Deep Chainsaw' Cuts as Deregulation Push Expands

Argentina's deregulation tsar Federico Sturzenegger plans deeper cuts this year, targeting industries from autos to medicines in a bid to reduce state spending and boost competition.

LVMH Shares Dip on Disappointing Results

LVMH shares fall after end-of-year report disappoints, despite beating sales expectations. The luxury goods sector faces challenges, but recent results from Richemont and Burberry have raised hopes for a recovery.

Executive Orders: President Trump Reshapes America and Reverses Biden Policies

Executive actions by President Donald Trump reverse the policies of his predecessor Joe Biden, including pardons for Capitol rioters, a halt on TikTok's ban, and the elimination of diversity initiatives in government.