Tag: gadgets

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Ingles Markets reports $16.6 mln profit in fiscal Q1

Ingles Markets reports first-quarter profit of $16.6 million, or 87 cents per share, on revenue of $1.29 billion.

Kensington and Chelsea council cuts pension contributions, sparks funding concerns

Kensington and Chelsea slashes pension contributions following criticism, redirecting funds to support Grenfell survivors.

Canadians Overwhelmingly Support Retaliatory Oil Export Taxes Against Trump Tariffs

New poll reveals widespread Canadian support for export taxes on oil to retaliate against US President Trump's tariffs, potentially giving Prime Minister Trudeau's government leverage in trade negotiations.

SocGen Pledges Higher Payouts After Solid Q4 Results

Societe Generale targets higher payouts as profits surge; shares jump on upbeat outlook

Hedge Funds Seek Exemptions From EU ESG Reporting Requirements

Hedge funds are seeking exemptions from some ESG reporting requirements under the EU's Corporate Sustainability Reporting Directive (CSRD), arguing that it imposes an undue burden and is unnecessary for their industry.

Ford: Q4 Beat, Muted Outlook, EV Loss to Continue in 2025

Ford (F) beats Q4 earnings and revenue expectations, but issues muted full-year guidance. Ford expects full-year 2025 adjusted EBIT of $7.0 billion to $8.5 billion and $3.5 billion to $4.5 billion in adjusted free cash flow. The company anticipates $1 billion in cost savings and a breakeven Q1 2025 adjusted EBIT. Ford's EV division, Model e, posted a full-year EBIT loss of $5.1 billion, with losses expected to continue in 2025.

OPM CFO Erica Roach Resigns

Erica Roach, the CFO of the US Office of Personnel Management, has resigned this week. The OPM manages $1.1 trillion in federal workers' benefits.

Central Bank Demand Drives Gold to Record Highs Amid Surge in Global Purchases

Gold demand hits new records, driven by central bank purchases and investor safe-haven demand amid escalating tariffs. Futures hit record highs, surpassing $2,900 per ounce.

DHT Reports Q4 Net Income of $54.9 Million

DHT Holdings Inc. reports Q4 net income of $54.9 million, or 34 cents per share, on revenue of $131.4 million. For the year, the company reported profit of $181.4 million, or $1.12 per share, on revenue of $392.2 million.

Hillenbrand's Q4 Sales Beat Estimates But Stock Drops

Industrial equipment provider Hillenbrand (HI) beats Q4 revenue estimates but lowers guidance, leading to a stock drop. Despite a decline in sales, Hillenbrand's non-GAAP earnings surpassed analysts' expectations. However, the company's lowered revenue and EPS guidance for the full year raises concerns about future demand.