Tag: gadgets

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Air Canada projects record profit as travel demand soars

Air Canada forecasts 2025 core profit above estimates amid steady demand.

RFR Refinances Seagram Building Debt With $1.2 Billion CMBS

A $1.2 billion commercial mortgage-backed security (CMBS) will refinance debt on the Seagram Building in Midtown Manhattan with seven tranches and AAA ratings from Kroll and Fitch.

Morgan Stanley CEO Ted Pick Gets $34 Million Pay Package

Morgan Stanley CEO Ted Pick received a compensation of $34 million for his first year in the role, while former CEO James Gorman received $37 million in his last year.

Air Lease (AL): Q4 Exceeds Expectations, Is It a Buy?

Air Lease (NYSE:AL) exceeded Q4 CY2024 expectations, beating revenue estimates by 1.6% and EPS by 12.2%. Despite flat year-on-year sales, analysts expect 11.1% growth in the next 12 months. Learn more in our full research report on Air Lease's fundamentals, valuation, and investment potential.

Coffee Prices Are Surging to Record Highs

Coffee prices are rising due to climate issues, poor weather conditions, and supply chain disruptions. Expect to see higher prices for both roasted and instant coffee in the future.

The Stock Market is Jittery About Inflation

AEP Profit Rises on Data Center Demand

U.S. utility American Electric Power reports a surge in demand for power, particularly from data centers, leading to increased profit in the fourth quarter. The company anticipates continued growth and plans to invest $10 billion in its capital expenditure plan.

Knife River Corp. Reports Q4 Net Income of $23.3 Million

Knife River Corp. reported Q4 net income of $23.3 million, or 41 cents per share. Annual revenue reached $2.9 billion with a yearly profit of $201.7 million ($3.55 per share).

Market Jitters Over Interest Rate Hike Talk

The stock market's inflation jitters: Latest CPI reading renews concerns over Fed rate hikes. Despite a sell-off after the CPI report, the S&P 500 fell less than 0.3% and the Nasdaq closed positive. Economists remain divided on the possibility of a rate hike this year, but the 10-year Treasury yield spiked as high as 4.66%.

HBX Shares Tumble on Market Debut, Losing €236 Million

Shares in Spanish travel technology company HBX Group fell 8.3% on their market debut, erasing €236 million in value.