Posts with tag: innovation
Federal judge ends SEC lawsuit over Allen Stanford's $7.2 billion Ponzi scheme, imposing fines on Stanford and former colleagues but acknowledging limited collection prospects.
Published on: January 30, 2025, 03:00 PM UTC
First Merchants Corp. (FRME) beats earnings estimates for Q4, reporting $1.10 per share and revenue of $277.4 million. Zacks Investment Research had predicted earnings of 90 cents per share.
Published on: January 30, 2025, 02:08 PM UTC
DeepSeek's low-cost AI model shakes up the market, challenging Nvidia's dominance and raising questions about the future of AI investment.
Published on: January 30, 2025, 02:02 PM UTC
Roper Technologies Inc. beats earnings expectations with $4.81 per share and revenue of $1.88 billion in fourth quarter.
Published on: January 30, 2025, 01:10 PM UTC
Tractor Supply (TSCO) reports Q4 revenue in line with estimates, but misses on EPS. Revenue up 3.1% YoY to $3.77 billion, while EPS of $0.44 misses by 3.3%. Despite flat same-store sales, analyst estimates forecast 4.8% revenue growth over the next 12 months.
Published on: January 30, 2025, 01:09 PM UTC
SunCoke Energy (SXC) reports Q4 earnings of $0.28 per share, misses estimates. Revenue for the quarter came in at $486 million, while annual revenue was $1.94 billion.
Published on: January 30, 2025, 01:07 PM UTC
ManpowerGroup Inc. (MAN) reported fourth-quarter earnings of $22.5 million, exceeding Wall Street expectations. Earnings per share were $1.02, above the estimate of 99 cents. Revenue was $4.4 billion, below the forecast of $4.42 billion. For the year, the company reported profit of $145.1 million, or $3.01 per share, on revenue of $17.85 billion.
Published on: January 30, 2025, 01:05 PM UTC
Savers are being denied access to the best savings rates as High Street banks fail to implement new rules allowing multiple cash Isas. Lloyds, NatWest, HSBC and Barclays are among the big banks accused of blocking customers from taking advantage of flexible Isa accounts.
Published on: January 30, 2025, 01:05 PM UTC
Altria (NYSE: MO) Q4 CY2024 earnings beat revenue estimates with sales up 1.6% to $5.11 billion and non-GAAP profit of $1.29 per share exceeding consensus by 0.8%. Read our research report for insights on the latest results and guidance.
Published on: January 30, 2025, 01:04 PM UTC
Meta's metaverse division known as Reality Labs continues to lose billions, with losses exceeding $60 billion since 2020. Despite CEO Mark Zuckerberg's optimism about the metaverse's future, analysts question its profitability, with some suggesting that Meta's investment in AI may be a wiser choice.
Published on: January 30, 2025, 01:02 PM UTC