Posts with tag: food
Bank of Japan Governor Kazuo Ueda indicates willingness to intervene in bond market to curb surge in yields, reiterating commitment to stability. Prime Minister and Finance Minister express concerns about potential impact of market moves.
Published on: February 21, 2025, 05:01 AM UTC
US stock futures hold steady after Walmart's earnings outlook weighs on major indexes; Celsius Holdings soars on acquisition news, Dropbox slips on growth concerns.
Published on: February 21, 2025, 02:01 AM UTC
Walmart CFO reassures investors about strong business outlook despite conservative guidance. Shares of retail giants Costco, Dollar General, Dollar Tree, and Target also decline on news.
Published on: February 21, 2025, 12:02 AM UTC
Rivian (RIVN) posted strong Q4 results, achieving positive gross profit and lowering its estimated 2024 EBITDA loss. The company sees a smaller loss for 2025 and guided for 2025 adjusted EBITDA loss in the range of $1.7 billion to $1.9 billion, with vehicle deliveries between 46,000 and 51,000. Rivian also has expansion plans with Volkswagen (VWAGY) and a $6.6 billion loan commitment from the DOE for a new assembly plant.
Published on: February 20, 2025, 11:01 PM UTC
Invesco Mortgage Capital Inc. (IVR) reported fourth-quarter earnings of $3.5 million, or 53 cents per share. Revenue was $76.1 million. For the year, the company reported profit of $59.9 million, or 65 cents per share. Revenue was $36.8 million.
Published on: February 20, 2025, 10:07 PM UTC
Walmart investors weigh tariff concerns against recent profit beat as shares drop
Published on: February 20, 2025, 10:02 PM UTC
Italian defense group Leonardo has identified a new industrial partner for its aerostructures unit, which has been struggling due to problems at Boeing. CEO Roberto Cingolani said the group is fully committed to finding a solution and will announce a broader plan to overhaul the unit on March 11.
Published on: February 20, 2025, 07:03 PM UTC
President Trump endorses the idea of a "DOGE dividend" that could give Americans a $5,000 tax refund. However, data shows the challenge DOGE faces to fulfill Trump's dividend promise. While cost-cutting efforts have generated savings, they fall short of the trillion dollars needed for a substantial dividend. The proposal has sparked debate amid doubts about its feasibility and potential impact on government programs.
Published on: February 20, 2025, 07:03 PM UTC
Rivian (RIVN) reports Q4 earnings Wednesday, with analysts expecting revenue of $1.386 billion and an adjusted EPS loss of $0.65. Watch for updates on production, partnerships, and the status of the federal EV tax credit.
Published on: February 20, 2025, 07:00 PM UTC
Amazon MGM Studios acquires creative control of the James Bond franchise in a joint venture with longtime rights holders.
Published on: February 20, 2025, 03:05 PM UTC