Posts with tag: entrepreneurship
Chicago Fed's Goolsbee: Inflation data eases concerns, but tariffs a worry
Published on: January 31, 2025, 04:00 PM UTC
Shore Bancshares Inc. (SHBI) reported net income of $13.3 million and earnings per share of 40 cents in its fourth quarter. Adjusted earnings came to 44 cents per share. Revenue was $85.3 million, surpassing Street forecasts.
Published on: January 30, 2025, 11:05 PM UTC
US stocks gained steam on Thursday as investors digested earnings from tech giants and awaited Apple's results for insights into the broader sector. Despite concerns about iPhone sales, investors will scrutinize Apple's quarterly update for positive signals in light of multiple stock downgrades. Meanwhile, investors weigh the Fed's cautious stance amid ongoing earnings reports, with a focus on the impact of AI investments and economic data such as GDP growth and inflation numbers.
Published on: January 30, 2025, 09:03 PM UTC
American Airlines CEO expresses condolences after deadly plane crash
Published on: January 30, 2025, 03:02 PM UTC
Federal judge ends SEC lawsuit over Allen Stanford's $7.2 billion Ponzi scheme, imposing fines on Stanford and former colleagues but acknowledging limited collection prospects.
Published on: January 30, 2025, 03:00 PM UTC
Mobileye Global Inc. (MBLY) reported a loss of $71 million in its fourth quarter, or 9 cents per share. Adjusted earnings came to 13 cents per share, surpassing Wall Street expectations. Revenue was $490 million, also exceeding forecasts. For the year, the company reported a loss of $3.09 billion, or $3.82 per share, on revenue of $1.65 billion. Mobileye expects full-year revenue in the range of $1.69 billion to $1.81 billion.
Published on: January 30, 2025, 01:08 PM UTC
Brunswick Corp. (BC) reported a Q4 loss of $82.5 million, or $1.24 per share. Adjusted earnings were 24 cents per share, exceeding estimates. Revenue of $1.15 billion also topped forecasts. For Q1, BC expects EPS of 15-25 cents and revenue of $1-$1.2 billion. Full-year earnings are projected in the range of $3.50 to $5 per share, with revenue between $5.2 billion and $5.6 billion.
Published on: January 30, 2025, 12:05 PM UTC
Southwest Airlines (LUV) Q4 profit tops estimates on strong travel demand and fares; sees Q1 RASM growth of 5%-7%.
Published on: January 30, 2025, 12:00 PM UTC
Sage Group maintains revenue forecast for fiscal 2025 amidst 10% growth in Q1 revenue, driven by high demand and AI roll-out.
Published on: January 30, 2025, 09:02 AM UTC
Shell maintains share buyback pace despite profit drop and debt rise due to weaker trading amid lower oil prices.
Published on: January 30, 2025, 09:00 AM UTC