Posts with tag: e-commerce
Mortgage rates ticked down slightly this week to 6.85% for 30-year fixed-rate mortgages and 6.04% for 15-year mortgages.
Published on: February 20, 2025, 11:03 PM UTC
CTO Realty Growth reports Q4 FFO of $0.49 per share, exceeding Wall Street expectations of $0.48. Annual FFO reaches $50.8 million, with revenue at $124.5 million. Company projects full-year FFO between $1.93 and $1.98 per share.
Published on: February 20, 2025, 10:08 PM UTC
Shares of Palantir Technologies (PLTR) plunge 10% on news of CEO's stock sale plan and defense spending cuts. Insiders have been aggressively selling stock, and the company's reliance on top customers is a concern. Despite strong Q4 results, analysts are revising EPS expectations downward for 2025 and 2026.
Published on: February 20, 2025, 02:02 PM UTC
The pharmaceutical industry and pharmacy benefit managers (PBMs) are at odds in Washington, D.C., as drug companies push for policies that would benefit patients at the expense of PBM profits. PBMs, such as CVS Caremark, defend their value in the healthcare system, while scrutiny from policymakers intensifies and new models for low-cost prescription access emerge.
Published on: February 20, 2025, 03:01 AM UTC
Capstone Copper Corp. (CSFFF) reported fourth-quarter profit of $45.9 million, or 6 cents per share. Adjusted earnings were 4 cents per share. Revenue totaled $446.9 million. For the year, the company reported profit of $82.9 million, or 11 cents per share, on revenue of $1.6 billion.
Published on: February 19, 2025, 11:05 PM UTC
Bausch & Lomb CEO Brent Saunders has ruled out a sale of the contact lens maker in 2025, despite exploring a deal earlier this year.
Published on: February 19, 2025, 02:01 PM UTC
US paper lobby asks Trump to help it avoid EU deforestation rules
Published on: February 18, 2025, 01:04 PM UTC
Gold shipments from Singapore to the US surged to a near three-year high in January due to pricing disparities in key markets.
Published on: February 18, 2025, 08:00 AM UTC
Inflation has been on the rise, with the latest Consumer Price Index (CPI) results showing a year-over-year increase of 3% and a 0.5% increase from December. This is the largest month-over-month increase in CPI results since August 2023. Despite rising wages and a solid job market, many consumers are still feeling the pinch of higher prices, especially in areas like housing, tuition, and healthcare.
Published on: February 15, 2025, 03:00 PM UTC
Intel stock rallies 23% on bullish AI chip comments and TSMC joint venture rumors.
Published on: February 14, 2025, 10:02 PM UTC