Tag: food

Posts with tag: food

Latest Posts

Mortgage Rates Tick Lower, but Remain Close to 6.9%

30-year mortgage rates inched slightly lower this week, averaging 6.87%, but remain close to 6.9%. Experts predict rates may stay around these levels due to volatile financial markets and inflation concerns.

Smart Money Bets on Nvidia Recovery as Retail Investors Dump Stock

Despite recent retail investor outflows, institutional investors are reportedly accumulating Nvidia stock, indicating their confidence in the company's long-term prospects. Palantir has also seen significant retail demand, despite insider selling, as investors seek growth potential in the tech sector.

VinFast Delivers Nearly 100,000 Cars in 2023, Plans to Double Sales Globally in 2025

Vietnamese electric vehicle maker VinFast delivered ~97K cars in 2024, nearly three times more than in 2023, but primarily in its domestic market. Aiming to double sales this year, it sold 53K units in Q4'24, exceeding its revised 80K target.

CBRE Q4 Earnings Top Estimates

CBRE Group Inc. (CBRE) reported Q4 profit of $487 million, surpassing Wall Street expectations with EPS of $2.32. Revenue was $10.4 billion, also topping forecasts. For the year, CBRE reported $968 million profit and $35.77 billion revenue.

DTE's Q4 Profit Drops on Lower Electricity Prices

DTE Energy reports a decline in fourth-quarter profit due to lower electricity pricing, despite cost savings from a rate case that also reduced customer rates.

TransUnion Q4 Earnings Top Estimates

TransUnion (TRU) reports Q4 EPS of $0.97, beats by $0.01. Revenue of $1.04B also beats by $10 million. For FY23, TRU sees EPS of $3.93-$4.08 on revenue of $4.33B-$4.39B.

GEHC Q4 Profit Tops Estimates, Revenue Misses

GE HealthCare Technologies Inc. (GEHC) reported fourth-quarter profit of $720 million, with earnings per share of $1.57. Adjusted earnings were $1.45 per share, exceeding analyst expectations of $1.26 per share.

Egg Prices Soar, Reaching Record Highs and Threatening to Climb Further

Egg prices soar to record highs, fueled by avian flu outbreak, but grocery stores absorb costs to keep shoppers happy. Despite skyrocketing wholesale prices, retailers use promotions, loyalty programs, and other strategies to offset losses and avoid empty shelves. As Easter approaches, demand remains strong, and further price increases are expected.

Singapore Proposes Tax Breaks to Revive Equities Market

To boost the Singapore stock market, a government-led group proposes tax incentives to attract listings, encourage fund growth, and foster long-term development.

Commerzbank Unveils Job Cuts, Targets to Thwart UniCredit Tie-Up

Commerzbank Reveals Restructuring Plan with Job Cuts and Ambitious Financial Targets Amidst UniCredit's Acquisition Attempt