Posts with tag: innovation
President Trump's proposed tariffs create uncertainty in markets, with potential outcomes ranging from negligible to a 27% average effective tariff rate. The impact on inflation and Fed interest rate plans remains unclear, as variables like retaliation and consumer response are unknown.
Published on: January 31, 2025, 03:01 PM UTC
UPS shares fall after company cuts ties with Amazon, focusing on more profitable business. The move is expected to impact Amazon's last-mile delivery and benefit competitors like FedEx. UPS targets higher-margin segments but faces challenges due to increased costs and a fragmented market.
Published on: January 31, 2025, 03:01 PM UTC
Trump's tariffs add uncertainty to markets as questions remain about details, including whether they will apply to oil. Analysts say tariffs could impact inflation and Fed's interest rate plans.
Published on: January 31, 2025, 03:00 PM UTC
Commerzbank Announces Share Buyback, Reports Record Earnings, and Defends Against UniCredit's Approach
Published on: January 31, 2025, 02:06 PM UTC
Gentex Corp. (GNTX) reported a Q4 EPS of $0.39, below the $0.49 estimate. Revenue was $541.6 million, also missing the $602 million estimate. For the year, the company reported a profit of $404.5 million, or $1.76 per share, on $2.31 billion in revenue. Gentex expects full-year revenue in the range of $2.4 billion to $2.45 billion.
Published on: January 31, 2025, 02:06 PM UTC
President Donald Trump's use of tariffs as an economic tool has stirred uncertainty in global trade, with potential implications for US businesses and inflation. Stay tuned for the latest updates on Trump's tariff threats and their impact.
Published on: January 31, 2025, 02:03 PM UTC
Eaton Corporation expects strong demand for electrical equipment due to AI-related data center growth, forecasting 2025 adjusted profit above Wall Street estimates.
Published on: January 31, 2025, 01:06 PM UTC
World's second-largest car parts maker Denso eyes price hikes to offset Mexico-Canada tariffs
Published on: January 31, 2025, 01:05 PM UTC
UPS to Cut Amazon Deliveries by Half, Forecasts Lower Revenue
Published on: January 31, 2025, 01:02 PM UTC
Tariffs on imports from Canada and Mexico could raise prices on cars, gasoline, and groceries, including avocados for Super Bowl guacamole.
Published on: January 31, 2025, 01:00 PM UTC