Posts with tag: environment
Two major corporations, Citigroup and PepsiCo, have recently rolled back their diversity, equity, and inclusion (DEI) policies. This follows a trend of companies rethinking their DEI initiatives amid increased scrutiny from the government and anti-DEI activists.
Published on: February 21, 2025, 06:02 PM UTC
Walmart stock slumps on tariff concerns and conservative outlook, despite recent profit beat. The company touts its low exposure to imports and private label offerings, but analysts warn of potential price increases.
Published on: February 21, 2025, 08:02 AM UTC
IT services provider Globant SA (GLOB) reported Q4 profit of $38.4 million ($0.85 per share), topping estimates of $1.74 per share. Revenue of $642.5 million missed expectations of $644.8 million. For the year, Globant reported profit of $165.7 million ($3.72 per share) on revenue of $2.42 billion.
Published on: February 20, 2025, 10:09 PM UTC
Mortgage rates drop slightly again to 6.85% for a 30-year fixed rate and 6.04% for a 15-year mortgage. Despite inflation concerns, rates remain relatively stable near 7%.
Published on: February 20, 2025, 10:03 PM UTC
New FTC Chair Ferguson upholds Biden-era merger review standards, signaling stricter antitrust enforcement under Trump administration.
Published on: February 19, 2025, 07:03 PM UTC
Intel stock soars 16% on report of potential Broadcom, TSMC deals. Analysts favor splitting Intel's business into two, with one company focused on product design and the other on manufacturing.
Published on: February 19, 2025, 01:02 AM UTC
Gladstone Commercial Corp. (GOOD) reported a key measure of profitability in its fourth quarter, with funds from operations of $15.3 million, or 35 cents per share. Revenue was $37.4 million.
Published on: February 18, 2025, 10:09 PM UTC
HSBC to sell Bahrain retail operations as part of wider restructuring
Published on: February 18, 2025, 06:04 PM UTC
Infrastructure and agriculture equipment manufacturer Valmont Industries (NYSE:VMI) has recorded better-than-anticipated Q4 CY2024 revenue of $1.04 billion, up 2.1% year-on-year. GAAP profit per share was also above estimates, with the company guiding for a revenue growth of 0.6% in 2025. Read our analysis for insights into Valmont's financial performance and future prospects.
Published on: February 18, 2025, 01:04 PM UTC
The low-cost airline business model is eroding as costs soar, and passengers opt for more comfort. Spirit Airlines has rejected a $2.16 billion acquisition proposal from Frontier, while JetBlue stock has tumbled after disappointing investors with its 2025 outlook.
Published on: February 18, 2025, 11:03 AM UTC