Tag: current events

Posts with tag: current events

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Walmart's Q4 Meets Expectations: Revenue and Earnings Overview

Walmart Q4 CY2024: Revenue meets expectations, EPS beats estimates; stock drops on guidance miss. Read our full report for analysis on sales growth, store performance, key takeaways, and valuation.

European Banks Surge as Buybacks Fuel Best Rally Since 1997

European banks' rally extends as share buybacks fuel momentum, with Societe Generale and Banco de Sabadell leading gains. Consolidation, resilient economy, and falling interest rates support bullish trend.

Strong Iron Ore Futures on Rise in China

Iron ore futures surged as robust steel consumption data fueled optimism and drove short covering. Investors anticipate increased demand for iron ore, providing relief to major producers amid a challenging property market in China.

Chipmaker Besi warns of Q1 revenue dip as traditional markets offset AI orders

BESI expects revenue to fall in Q1 of 2025 due to weakness in traditional markets despite growth in AI-related orders.

Asian Stocks Drop on Ukraine, China Tech Selloff

Asian stocks fall as concerns over US geopolitical priorities cast a shadow on risk appetite, prompting investors to seek havens like the Japanese yen.

Oil Market Numb to Trump's Policy Shifts, Futures Flatline

The oil market is ignoring President Trump's new policies. The futures market is flat-lining. Traders are reducing their risk exposure. Prices have stayed anchored around $75 a barrel.

Top Miner Rio Backs Emissions Cuts, Says Greener Can Be Profitable

Rio Tinto, the world's second-largest mining company, supports corporate efforts to curb emissions, believing that pursuing green targets can add value.

Innovative Industrial Properties Reports Q4 Earnings

Innovative Industrial Properties, Inc. (IIPR) reported funds from operations of $63.4 million in its fourth quarter, or $2.22 per share. For the year, the company reported funds from operations of $256.1 million.

UK Inflation Jumps to 10-Month High

UK inflation rose to a 10-month high of 3% in January, above the Bank of England's target of 2%. The increase was driven by higher airfares, food costs, and private school fees. Economists had anticipated an increase to 2.8%.

Quad/Graphics Inc. Reports Q4 Loss

Quad/Graphics Inc. reports Q4 earnings of $4.7 million, or 9 cents per share, on revenue of $708.4 million. For the year, the company reported a loss of $50.9 million, or $1.07 per share, on revenue of $2.67 billion.