Posts with tag: culture
Coinbase's case with the SEC was dismissed, boosting shares by 3%. Coinbase claimed the win on social media, but the SEC has not confirmed the decision.
Published on: February 21, 2025, 03:01 PM UTC
Standard Chartered CEO Bill Winters slams EU bonus cap, saying it made bankers lazy and less likely to work hard. The cap, which limited bonuses to two times salary, has been scrapped by the UK. Winters will benefit from the bonus cap overhaul, with a maximum pay packet of £13.1m.
Published on: February 21, 2025, 12:00 PM UTC
Resideo Q4 2024 results beat revenue estimates, with sales up 20.9% year-on-year to $1.86 billion. The company's non-GAAP profit of $0.59 per share was also 6.3% above consensus estimates. Despite this, the stock traded down 2.2% after reporting due to concerns over its full-year EBITDA guidance.
Published on: February 20, 2025, 11:06 PM UTC
Altair Engineering Inc. (ALTR) reported Q4 EPS of $0.01, versus the Zacks Consensus Estimate of $0.53. Revenue came in at $192.6 million, exceeding the consensus of $177.7 million.
Published on: February 20, 2025, 10:07 PM UTC
Eastern European assets rally halted as Trump comments shatter hopes for Ukraine peace deal
Published on: February 20, 2025, 12:04 PM UTC
U.S. stock futures slip as investors digest Fed minutes and await earnings results.
Published on: February 20, 2025, 12:01 PM UTC
President Trump proposes 20% of federal cost-cutting savings be returned to taxpayers, with another 20% going to national debt reduction. Critics question authority and effectiveness of Trump's cost-cutting effort, while Trump and Musk claim it's necessary due to $29 trillion debt load. Trump also discusses tariffs, crypto, and Saudi investments at Future Investment Initiative Institute summit in Miami.
Published on: February 20, 2025, 01:00 AM UTC
A new quantum computing chip, Majorana 1, is supposed to make quantum computers useful in years, not decades. Microsoft says its new chip uses a new type of material that takes advantage of a new state of matter.
Published on: February 19, 2025, 07:03 PM UTC
Bausch + Lomb CEO Brent Saunders says a deal for the company is unlikely in 2025 due to their ambitious plans for the future. Despite exploring going private, no agreement was reached. Bausch + Lomb's recent growth in contact lenses and dry eye relief products suggests a higher valuation may be possible later this year.
Published on: February 19, 2025, 02:00 PM UTC
Pershing Square offers to buy $900M stake in Howard Hughes, Ackman to become CEO
Published on: February 19, 2025, 08:02 AM UTC