Tag: growth

Posts with tag: growth

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US Stocks Gain on Thursday; Investors Digest Mega-Cap Tech Earnings and Await Apple Results

US stocks gained steam on Thursday as investors digested earnings from tech giants and awaited Apple's results for insights into the broader sector. Despite concerns about iPhone sales, investors will scrutinize Apple's quarterly update for positive signals in light of multiple stock downgrades. Meanwhile, investors weigh the Fed's cautious stance amid ongoing earnings reports, with a focus on the impact of AI investments and economic data such as GDP growth and inflation numbers.

Heritage Financial posts Q4 profit of $11.9 million, beats estimates

Heritage Financial Corp. reported fourth-quarter earnings of $11.9 million, or 34 cents per share. Adjusted earnings were 51 cents per share, beating analysts' estimates of 46 cents per share. Revenue was $82.3 million, with adjusted revenue of $61 million, above expectations of $60.5 million.

Tropical Cyclone Sean Forces Closure of Major Iron Ore Ports in Western Australia

Tropical Cyclone Sean forces closure of Pilbara ports and Port Hedland iron ore export hub, bringing heavy rain, strong winds, and potential flooding to Western Australia's northwest coast.