Tag: food

Oil prices retreat in volatile trading as concerns over a US-China trade war countered by President Trump's increased economic pressure on Iran.

Published on: February 05, 2025, 11:03 AM UTC

UK investors withdrew £640 million from equity funds in January, ending a long run of inflows, with UK-focused funds suffering their sixth-biggest monthly net withdrawals on record.

Published on: February 05, 2025, 09:02 AM UTC

Australia's new bond issuance sees record demand as global rush for yield amid easing policy, moderating inflation, and trade tensions pushes bids to A$83 billion.

Published on: February 05, 2025, 07:03 AM UTC

American Assets Trust (AAT) reported Q4 FFO of $0.55/share, beating estimates. Revenue was $113.5 million, while full-year FFO was $2.58/share and revenue was $457.9 million. AAT expects full-year 2023 FFO in the range of $1.87 to $2.01 per share.

Published on: February 04, 2025, 11:07 PM UTC

Trans Mountain pipeline expects increased demand if US imposes tariffs on Canadian oil imports. The pipeline currently operates at 80% capacity, with 20% available for spot shipping. Trans Mountain anticipates more interest in shipping on its system due to tariffs, but it's too early to predict volumes. Deliveries to Asia are also expected to increase, and the company is exploring ways to improve throughput efficiency and capacity of the expanded system.

Published on: February 04, 2025, 09:00 PM UTC

Meta shares rise after a solid earnings report and optimism about AI-related growth opportunities. Technical analysis suggests short-term bullish targets around $755 and longer-term targets around $935. Key support levels to monitor on pullbacks are $632 and $600.

Published on: February 04, 2025, 07:01 PM UTC

Shares of electrical safety company Atkore (ATKR) fell 19.3% following weak fourth quarter results. Its full-year EBITDA guidance missed significantly, and its revenue fell short of estimates. Despite beating EPS expectations, the overall quarter was weaker. Access our full analysis for free.

Published on: February 04, 2025, 06:05 PM UTC

Pfizer beats Q4 and full-year 2024 earnings estimates, driven by strong performance in key segments. Despite headwinds such as patent expirations and Medicare price negotiations, the company remains focused on pipeline development and cost-cutting initiatives.

Published on: February 04, 2025, 04:02 PM UTC

Spotify reports record subscriber growth and profit, driven by expansion beyond music streaming into audiobooks, podcasts, and video, despite price increases and job cuts.

Published on: February 04, 2025, 03:01 PM UTC

Estee Lauder Companies Inc. (EL) reports a loss of $590 million in its fiscal second quarter, beating Wall Street expectations with earnings per share of 62 cents, revenue of $4 billion, and expectations for per-share earnings ranging from 20 to 30 cents in the current quarter.

Published on: February 04, 2025, 12:09 PM UTC