Tag: budget

Posts with tag: budget

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Europe's Defense Industry Surges as Continent Rethinks Reliance on US

Europe's defense spending surge amid US uncertainty fuels investor interest in defense stocks. The STOXX Europe Total Market Aerospace & Defense index has reached an all-time high, with companies like Rheinmetall, Thales, and Leonardo seeing significant gains. Investors anticipate increased revenues as European countries ramp up military spending to enhance their security.

Insulet Tops Q4 Earnings and Revenue Estimates

Insulet Corp. (PODD) reported fourth-quarter profit of $100.7 million, or $1.39 per share, beating analyst estimates of $1.05 per share. Revenue was $597.5 million, also topping forecasts.

Gaming and Leisure Properties Tops Q4 Funds-From-Operations Estimates

Gaming and Leisure Properties Inc. (GLPI) reported Q4 FFO of $0.95 per share, beating the Zacks Consensus Estimate of $0.94.

Stock Futures Drop as Walmart Outlook, Trump Policies Weigh

US stock futures retreated Thursday as investors digested Walmart earnings, weighed the impact of potential tariffs and President Trump's policy moves, and sought safety in gold due to geopolitical tensions.

Alibaba Tops Q3 Estimates on Strong Sales, Cost-Conscious Consumers

Alibaba Q3 revenue beats estimates on strong e-commerce sales and cost-conscious consumers.

Drug Lobbyists Call for Reforms as PBMs Face Bipartisan Scrutiny

Drug companies and pharmacy benefit managers are clashing in Washington, D.C. over rebate strategies amid rising scrutiny of PBM practices. CVS defends PBMs' role in lowering branded drug costs, despite industry shifts toward generic and low-cost options from Walmart, GoodRx, and telehealth companies.

Airbus CEO Wants EU to Relax Stance for Space Merger

Airbus CEO seeks EU antitrust approval for space merger talks with Thales and Leonardo.

Grab Revenue Outlook Trails Estimates, Shares Drop

Grab shares fall as revenue outlook trails estimates, suggesting caution in Southeast Asia market amid GoTo competition.

Mainland investors pile into Hong Kong stocks on DeepSeek rally

Mainland Chinese investors bought HK$22.4 billion of Hong Kong stocks on Tuesday, fueling a tech rally in the city.

La-Z-Boy (LZB) Q4 2024: Mixed Results with Strong Retail Growth, Weak Guidance

La-Z-Boy (NYSE:LZB) beat Q4 revenue estimates with a 4.3% increase year-over-year. However, revenue guidance for Q1 CY2025 missed analyst expectations by 1.6%. Explore La-Z-Boy's financial performance, growth prospects, and valuation in our comprehensive research report.