Posts with tag: climate change
Oil steadies after gains as industry report shows another build in US crude stockpiles.
Published on: February 20, 2025, 01:00 AM UTC
Siemens AG is selling a €1.4 billion stake in Siemens Healthineers AG, its medical technology unit, to fund its acquisition of Altair Engineering Inc. The sale, arranged by Barclays Plc, BNP Paribas SA, and Morgan Stanley, will offer approximately 26.5 million shares at a price of €54.65 each. The offering was several times oversubscribed, with demand exceeding the available shares.
Published on: February 19, 2025, 09:03 PM UTC
Intel stock surged 16% Tuesday on reports that Broadcom and TSMC may explore potential deals to split the company into two.
Published on: February 18, 2025, 11:02 PM UTC
Infrastructure and agriculture equipment manufacturer Valmont Industries (NYSE:VMI) has recorded better-than-anticipated Q4 CY2024 revenue of $1.04 billion, up 2.1% year-on-year. GAAP profit per share was also above estimates, with the company guiding for a revenue growth of 0.6% in 2025. Read our analysis for insights into Valmont's financial performance and future prospects.
Published on: February 18, 2025, 01:04 PM UTC
The surging US dollar impacts corporate earnings, with tech giants and consumer brands facing foreign exchange headwinds. Apple, Alphabet, Microsoft, Tesla, and Meta report significant overseas revenue, resulting in warnings about dollar strength. Amazon predicts slow revenue growth due to foreign exchange headwinds, while McDonald's, Coca-Cola, and Johnson & Johnson forecast currency headwinds.
Published on: February 17, 2025, 12:02 PM UTC
Bond yields declined as weak retail sales raised expectations of Federal Reserve rate cuts, leading to a rally in Treasuries and a decline in the dollar. The S&P 500 hovered near record highs, while company-specific factors have been driving stock movements more than macro factors.
Published on: February 15, 2025, 12:00 AM UTC
Zebra Technologies forecasts lower-than-expected 2025 revenue growth due to US trade restrictions, causing a 9% premarket stock decline.
Published on: February 13, 2025, 01:06 PM UTC
Trump's tariffs face skepticism from Yahoo Finance audience, with 73% expecting higher prices and 60% predicting economic damage. Despite this, Trump supporters remain optimistic about the long-term benefits.
Published on: February 13, 2025, 07:03 AM UTC
Consumer prices rose more than forecast in January, with core prices reversing last month's easing, complicating the Federal Reserve's path forward on interest rates.
Published on: February 12, 2025, 11:03 PM UTC
Reddit misses user growth estimates, sending shares down after hours
Published on: February 12, 2025, 11:00 PM UTC