Posts with tag: innovation
Alliant Energy Corp. (LNT) reported fourth-quarter net income of $150 million, or 70 cents per share, on revenue of $976 million.
Published on: February 21, 2025, 12:04 AM UTC
Fed's Musalem Warns Against Further Rate Cuts as Inflation Concerns Rise
Published on: February 21, 2025, 12:02 AM UTC
Rivian posts strong Q4 results, achieves gross profit, narrows 2024 EBITDA loss outlook
Published on: February 21, 2025, 12:01 AM UTC
Oil prices surge on supply uncertainties, with possible OPEC+ delay, disrupted Kazakh output, and Iraq's unclear export resumption affecting crude outlook.
Published on: February 21, 2025, 12:01 AM UTC
Forum Energy Technologies Inc. reports a Q4 loss of $103.5 million. The Houston-based company had a loss of $8.39 per share, or 48 cents per share after adjusting for one-time gains and costs. Revenue was $201 million for the quarter. For the year, the company reported a loss of $135.3 million, or $11 per share, on revenue of $816.4 million.
Published on: February 20, 2025, 11:10 PM UTC
U.S. bankruptcy judge approves Spirit Airlines' debt restructuring plan, allowing the budget carrier to convert $795 million in debt to equity and emerge from Chapter 11 as a private company.
Published on: February 20, 2025, 11:07 PM UTC
Asian stocks advance despite disappointing forecast from Walmart; US stocks fall from all-time highs due to concerns about consumer health and geopolitical conditions.
Published on: February 20, 2025, 11:04 PM UTC
Dropbox Inc. (DBX) reported fourth-quarter net income of $102.8 million, beating Wall Street expectations. Earnings per share came in at 73 cents, adjusted for one-time gains and costs, on revenue of $643.6 million. For the year, the company reported a profit of $452.3 million, or $1.40 per share, on revenue of $2.55 billion.
Published on: February 20, 2025, 10:10 PM UTC
Akamai Technologies predicts a drop in revenue in 2025 due to weakened demand for cloud and content delivery services. Despite meeting estimates for Q4 revenue, the company anticipates a difficult Q1.
Published on: February 20, 2025, 10:07 PM UTC
Coca-Cola Consolidated reports Q4 earnings of $178.9 million, with adjusted earnings per share of $18.11 and revenue of $1.75 billion.
Published on: February 20, 2025, 10:06 PM UTC