Posts with tag: coding
Lancaster Colony Corp. (LANC) reported earnings of $49 million in its fiscal second quarter. Earnings per share were $1.78, and adjusted earnings per share were $2.22. Revenue for the period was $509.3 million.
Published on: February 04, 2025, 01:07 PM UTC
US stocks fell on Monday in response to the Trump administration's scheduled tariff rollout against Canada and China, with the tech-heavy Nasdaq Composite (^IXIC) closing down 1.2%. The announcement sparked fears of an escalation of trade tensions and its impact on corporate earnings. Investors closely monitored the developments, with major averages paring heavier losses after President Trump said the US would delay duties on Mexican imports by a month.
Published on: February 04, 2025, 01:03 PM UTC
Aramark Holdings Corp. (ARMK) reported fiscal first-quarter profit of $105.6 million, or 39 cents per share. Adjusted earnings were 51 cents per share, exceeding Wall Street expectations of 48 cents. Revenue of $4.55 billion fell short of estimates of $4.61 billion. Aramark shares have increased 3% YTD and 29% in the last 12 months.
Published on: February 04, 2025, 12:06 PM UTC
Wall Street's Rollercoaster Ride: Tariff Drama Sparks Market Volatility and Uncertainty, with Investors Guessing the Next Move
Published on: February 04, 2025, 12:01 PM UTC
Merck pauses Gardasil shipments to China, hurts 2025 revenue; Keytruda sales drive strong Q4 profit.
Published on: February 04, 2025, 12:00 PM UTC
Bill Gates discusses the challenges Intel faces in regaining its former dominance in the tech industry, including competition from Taiwan Semiconductor and Samsung and the need to stabilize its financials.
Published on: February 04, 2025, 11:03 AM UTC
President Trump’s new tariffs will cause pain in the form of higher prices, swooning stock values, and economic uncertainty. But Trump is asking for the wrong kind of sacrifice and blowing an opportunity to save his '"pain pitch" for an issue that tops all others — the gigantic national debt.
Published on: February 04, 2025, 11:01 AM UTC
China imposed new tariffs on some US goods after Trump imposed 10% tariffs on goods from Beijing. The translated Chinese statement: A 15% tariff will be imposed on coal and liquefied natural gas. A 10% tariff will be imposed on crude oil, agricultural machinery, large-displacement cars, and pickup trucks. For the imported goods listed in the appendix originating from the United States, corresponding tariffs will be levied on the basis of the current applicable tariff rates.
Published on: February 04, 2025, 10:01 AM UTC
China restricts exports of tungsten, indium, and other metals amid US tariff escalation. Learn why China is weaponizing its dominance in critical minerals and which specific minerals have been targeted since 2023.
Published on: February 04, 2025, 08:00 AM UTC
Automaker stocks plunged on Monday after President Trump imposed tariffs on goods from Canada and Mexico. The tariffs will increase prices for US-built automobiles, which will likely be passed on to consumers.
Published on: February 04, 2025, 07:02 AM UTC