Posts with tag: exploration
Johnson & Johnson reports Q4 sales and profit above Wall Street estimates, driven by strong cancer drug sales. The company expects 2025 sales of $90.9-$91.7 billion and earnings of $10.75-$10.95 per share.
Published on: January 22, 2025, 12:04 PM UTC
President Trump says he's open to Oracle or Elon Musk purchasing TikTok as part of a joint venture with the US government.
Published on: January 22, 2025, 05:01 AM UTC
Container freight rates for services from Asia to US coasts have weakened in the run-up to Lunar New Year, but longer-term prices face pressure from factors including carrier competition, tariff threats, and the reopening of the Suez Canal.
Published on: January 21, 2025, 10:04 PM UTC
New SEC crypto task force, pro-crypto regulators, and potential executive orders boost investor enthusiasm for digital assets, including crypto ETFs and memecoin TRUMP. Industry awaits further developments and clarity from the Trump administration.
Published on: January 21, 2025, 08:01 PM UTC
Private equity firms are increasingly turning to dividend recapitalizations to return cash to investors amid a booming credit market. This strategy allows them to pile portfolio companies with more debt and give themselves a payout, rather than relying on the IPO market.
Published on: January 21, 2025, 06:01 PM UTC
Prologis Tops Q4 Estimates as Warehouse Demand Heats Up, Forecasts Cautious Outlook
Published on: January 21, 2025, 04:03 PM UTC
Netflix is expected to report strong Q4 earnings driven by successful content, including NFL games, "Squid Game," and the "Jake Paul vs. Mike Tyson" boxing match. Analysts expect revenue of $10.11 billion, EPS of $4.18, and 9.18 million net subscriber additions. The company is rumored to be planning price hikes and phasing out net subscriber figures.
Published on: January 21, 2025, 02:02 PM UTC
Asian stocks rise as Trump holds off on sweeping trade tariffs, boosting regional currencies and Treasuries.
Published on: January 21, 2025, 01:00 AM UTC
Goldman Sachs shifts focus towards private markets, mirroring the convergence of public and private investing.
Published on: January 20, 2025, 03:02 PM UTC
Glencore, a top copper producer, is open to mergers and acquisitions (M&A) that enhance shareholder value. With Glencore's expertise in M&A, potential deals are a key focus for investors. Despite challenges in combining diversified miners, Glencore expressed interest in merging with Rio Tinto but talks did not proceed. Rio Tinto's copper production could benefit from a Glencore deal, but compatibility concerns remain. Glencore's trading-oriented strategy may contrast with Rio Tinto's operating focus.
Published on: January 20, 2025, 03:00 PM UTC