Tag: education

The Bank of England's latest economic forecasts contradict Chancellor Rachel Reeves' plans to boost UK growth, predicting a slowdown, rising inflation, and a potential recession. This poses challenges for Reeves as she attempts to repair public finances and improve business sentiment.

Published on: February 06, 2025, 06:00 PM UTC

Gates Industrial Corp. (GTES) reported fourth-quarter earnings of $36.6 million, or 14 cents per share. Adjusted earnings were 36 cents per share. Revenue was $829.4 million. For the year, the company reported profit of $194.9 million, or 74 cents per share, on revenue of $3.41 billion. Gates Industrial expects full-year earnings in the range of $1.36 to $1.52 per share.

Published on: February 06, 2025, 02:08 PM UTC

Roblox Q4 revenue tops estimates but stock drops 21.5% on weak guidance. Daily active users increase to 85.3 million, but revenue per user growth slows. Explore the full report for expert analysis and valuation insights.

Published on: February 06, 2025, 02:07 PM UTC

MACOM Technology Solutions (NASDAQ: MTSI) Q4 2024 results beat revenue expectations, with sales up 38.8% YoY to $218.1 million. Guidance for next quarter's revenue is optimistic at $230 million, above analysts' estimates. Is now the time to buy MACOM? Find out in our full research report.

Published on: February 06, 2025, 02:06 PM UTC

MasterCraft (MCFT) reported Q4 CY2024 revenue of $63.37 million, beating estimates but falling 36.3% year-over-year. EPS of $0.10 significantly surpassed expectations, while guidance for next quarter fell short. Revenue guidance for the full year of $285 million was reconfirmed.

Published on: February 06, 2025, 02:06 PM UTC

Vanguard Lowers Fees Again, Boosting Long-Term Returns for Investors

Published on: February 06, 2025, 01:02 PM UTC

Filing taxes in the US versus Sweden is a stark contrast for Jens Peter de Pedro. In Sweden, he receives a pre-filled tax return from the government and can file it with a text message. In the US, his wife spends days on their taxes, and he finds the system complex and opaque. The US tax code's complexity contributes to many not claiming valuable tax credits. Experts attribute this to historical changes and social policies woven into the tax system. While other countries have streamlined taxes for regular employees, the US lags behind due to complexities like joint filing status, various credits/deductions, and catering to special interests. However, recent steps like the TCJA and the IRS's Direct File program have simplified the process for some. To move to a system like Sweden's, requiring government-populated tax returns and automatic tax calculations, legislative changes would be necessary.

Published on: February 06, 2025, 12:03 PM UTC

Boeing forecasts that Indian and South Asian airlines will add 2,835 aircraft to their fleet over the next 20 years, amidst rising travel demand and economic growth.

Published on: February 06, 2025, 10:02 AM UTC

The Bank of Japan's hawk, Naoki Tamura, signals at least two rate hikes by early next year and says short-term rates should reach 1%.

Published on: February 06, 2025, 07:00 AM UTC

STERIS (STE) reported Q4 revenue below analyst estimates but in line with EPS estimates. Revenue grew 5.6% YoY to $1.37 billion. The company lowered its full-year adjusted EPS guidance to $9.10 at the midpoint. Margins improved, with operating margin increasing to 17.9% from 16.7%. The stock traded down 1.2% post-earnings.

Published on: February 05, 2025, 11:04 PM UTC