Posts with tag: future
Job openings declined more than expected in December, hitting their lowest level since September 2023.
Published on: February 04, 2025, 04:02 PM UTC
President Trump's tariffs will cause pain in the form of higher prices, swooning stock values, and economic uncertainty. But Trump is missing an opportunity to address the more pressing issue of the gigantic national debt.
Published on: February 04, 2025, 03:04 PM UTC
Merck's Q4 earnings met estimates, but weak 2025 guidance sent its stock down 10%. Sales rose 7% to $15.6 billion, slightly above expectations, while EPS of $7.65 topped the consensus of $7.56.
Published on: February 04, 2025, 03:03 PM UTC
Pfizer (PFE) reported Q4 revenue of $17.8 billion and EPS of $3.12, beating estimates. Full-year 2024 revenue was $63.6 billion, up 7%. Pfizer plans to cut costs by $4.5 billion by 2025 amidst headwinds like patent expirations, Medicare price negotiations, and competition.
Published on: February 04, 2025, 03:00 PM UTC
Apollo Global Management's wealth business drives strong results, with record capital gains and a 50% increase in assets from the sector.
Published on: February 04, 2025, 02:04 PM UTC
Brazilian central bank's meeting minutes reveal concerns over inflation above tolerance range for next six months due to rising food prices and elevated service costs. The bank signals further interest rate hikes may be necessary to bring inflation under control.
Published on: February 04, 2025, 02:01 PM UTC
Allegheny Technologies Inc. (ATI) reported fourth-quarter earnings of $137.1 million, or 94 cents per share. Adjusted earnings were 79 cents per share, exceeding Wall Street expectations. Revenue for the quarter was $1.17 billion.
Published on: February 04, 2025, 01:06 PM UTC
Madison Square Garden Co. reports second-quarter net income of $1.1 million, missing Wall Street expectations but surpassing revenue forecasts.
Published on: February 04, 2025, 01:06 PM UTC
Automaker stocks fell Monday after President Trump's announcement of tariffs on goods from Canada and Mexico, with shares of GM, Ford, Toyota, and Honda closing down at least 2%.
Published on: February 04, 2025, 01:03 PM UTC
Estée Lauder plans to cut 5,800-7,000 jobs amid slumping sales in travel retail and China, as CEO Stéphane de La Faverie unveils turnaround plans to regain market share.
Published on: February 04, 2025, 12:05 PM UTC