Posts with tag: lifestyle
Rivian (RIVN) posted strong Q4 results, achieving positive gross profit and lowering its estimated 2024 EBITDA loss. The company sees a smaller loss for 2025 and guided for 2025 adjusted EBITDA loss in the range of $1.7 billion to $1.9 billion, with vehicle deliveries between 46,000 and 51,000. Rivian also has expansion plans with Volkswagen (VWAGY) and a $6.6 billion loan commitment from the DOE for a new assembly plant.
Published on: February 20, 2025, 11:01 PM UTC
US stocks fell on Thursday as investors analyzed Walmart's (WMT) outlook and assessed the potential effects of President Trump's planned tariffs and policy shifts.
Published on: February 20, 2025, 10:02 PM UTC
Private equity firms Apollo Global Management and Sycamore Partners are among the bidders competing to acquire Family Dollar, a discount retail brand operated by Dollar Tree (DLTR). Brigade Capital Management has also expressed interest in buying Family Dollar, though a deal is not imminent.
Published on: February 20, 2025, 07:00 PM UTC
Rivian (RIVN) reports Q4 earnings Wednesday, with analysts expecting revenue of $1.386 billion and an adjusted EPS loss of $0.65. Watch for updates on production, partnerships, and the status of the federal EV tax credit.
Published on: February 20, 2025, 07:00 PM UTC
Delta Air Lines offers $30,000 to passengers in Minneapolis-to-Toronto crash-landing.
Published on: February 20, 2025, 06:02 PM UTC
Sentinel Midstream plans to invest in a deepwater oil export project off the Texas coast, aiming to load supertankers with 2 million barrels of oil daily.
Published on: February 20, 2025, 06:01 PM UTC
Amazon MGM Studios acquires creative control of the James Bond franchise in a joint venture with longtime rights holders.
Published on: February 20, 2025, 03:05 PM UTC
A brewing battle between pharmaceutical companies and pharmacy benefit managers heats up as the Trump administration shapes its healthcare policy.
Published on: February 20, 2025, 03:03 PM UTC
Swiss gold exports rose in January, with a surge in supplies to the US offsetting lower deliveries to China and India. The increase is driven by concerns over potential US import tariffs, leading to higher gold transfers to the US.
Published on: February 20, 2025, 02:00 PM UTC
Trinity Industries reports fourth quarter net income of $28.9 million, or 34 cents per share, on revenue of $629.4 million.
Published on: February 20, 2025, 01:10 PM UTC