Tag: climate change

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Allison Transmission Beats Q4 Estimates

Allison Transmission Holdings Inc. (ALSN) reported fourth-quarter earnings of $175 million, or $2.01 per share, exceeding Wall Street expectations. Revenue was $796 million, also surpassing forecasts. For the year, the company reported profit of $731 million, or $8.31 per share, on revenue of $3.23 billion. Allison Transmission expects full-year revenue in the range of $3.2 billion to $3.3 billion.

S&P Global Beats Estimates, Forecasts Higher Earnings

Financial information company S&P Global forecasts earnings above estimates, anticipates increased demand for data and analytics offerings amid macroeconomic uncertainty.

NNN REIT Reports Q4 FFO in Line with Estimates

NNN REIT reported Q4 FFO in line with estimates at $0.82 per share with revenue of $218.5 million beating estimates by $0.9 million.

Elliott Said to Build Over $2.5 Billion Stake in Phillips 66

Elliott Investment Management builds a $2.5B stake in Phillips 66; plans to push for midstream sale.

Musk undermines agency overseeing his payments app

Elon Musk appears to be helping dismantle the agency that would oversee his company's digital payments platform. The move has raised concerns about potential conflicts of interest and the impact on consumer protection.

Disney Drops DEI Programs Amid Backlash

Disney Removes DEI Programs Amid Conservative Backlash

Trump Media Plans Bitcoin ETF in Latest Crypto Venture

Trump Media & Technology Group, backed by former President Donald Trump, plans to launch a Bitcoin exchange-traded fund (ETF) as part of its Truth.Fi brand, aiming to give investors exposure to areas aligned with Trump's economic priorities. The announcement signals Trump's continued involvement in the cryptocurrency industry, which he has previously expressed support for.

Rodney Hood named acting head of U.S. national bank regulator OCC

Rodney Hood, a former credit union regulator, will take over as the acting head of a leading national bank regulator, the Office of the Comptroller of the Currency (OCC).

Fortive Beats on Earnings, Misses on Revenue

Fortive Corp. (FTV) beats Q4 earnings estimates: reported EPS of $1.17, revenue of $1.62B; view Zacks' report: https://www.zacks.com/ap/FTV

Jobs Report to Drive Market Action as Stocks Tread Water

Traders await the monthly US jobs report, which will impact interest rate decisions. Amazon falls after a weak outlook. Stocks, bonds, and the dollar fluctuate amidst anticipation.