Tag: development

Posts with tag: development

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Fitch Puts World Bank, Other Top Lenders On Rating Alert

Fitch warns that the triple-A credit scores of the World Bank and other top multilateral lenders may be downgraded if the U.S. withdraws its support.

Trump's Reciprocal Tariffs: Focus on High-Duty Countries

President Trump’s focus on reciprocal tariffs may upend the US trading relationships around the globe. Some American allies could be hit hard due to their high average tariffs. However, other nations with lower average duties than the US argue that any US tariffs applied to them should actually fall.

Royalty Pharma Q4 2024 Earnings Miss Revenue Estimates, Beats EPS Expectations

Royalty Pharma (RPRX) missed Q4 revenue estimates but exceeded EPS expectations. Portfolio Receipts beat estimates, and full-year 2025 guidance was above consensus. Despite a decline in operating margin, the company remains highly profitable. Analysts forecast 17.3% revenue growth over the next 12 months. Read our full research report to assess the company's fundamentals and valuation.

Chevron's Reserves Fall to Decade Low, Raising Concerns

Chevron's oil and gas reserves have fallen to a decade low, raising concerns about the company's long-term prospects. The acquisition of Hess, which is currently stalled due to a legal battle with Exxon Mobil, would give Chevron a stake in the lucrative Guyana oilfields.

Ashtead Plans US Relocaton, Seeks Shareholder Approval for New Listing

British equipment rental firm Ashtead Group seeks shareholder approval to relocate its primary listing to the United States, as the company aims to explore higher valuations in the US markets.

OpenAI CEO Says Company Not for Sale, Musk Trying to Slow Progress

OpenAI CEO Sam Altman says the company is "not for sale" amid unsolicited bid from Elon Musk, calling it a "tactic" to slow OpenAI's progress.

Vietnam's Dong Falls to Record Low as Central Bank Weakens Currency

Vietnam's currency, the dong, fell to a record low against the dollar as the central bank weakened the daily reference rate for a sixth consecutive day.

Xpeng, Geely Shares Plunge on BYD's Smart Driving Expansion

Chinese automakers Xpeng and Geely Auto see shares fall on concerns over BYD's competitive edge in offering smart driving features for free.

Oil Holds Gains as Russian Supply Loss Offsets Trade-War Worries

Oil holds gains on tighter Russian supply, tariff concerns

PFLT Q1 Earnings Beat Estimates

PennantPark Floating Rate Capital Ltd. (PFLT) reported a fiscal first-quarter profit of $28.3 million, or 33 cents per share, beating analyst estimates of 31 cents per share. Revenue was $67 million, also topping forecasts of $58.9 million.