Posts with tag: marketing
Radian Group Inc. reports Q4 profit of $148.3 million, or 98 cents per share, on revenue of $315.9 million. For the year, the company reported profit of $604.4 million, or $3.92 per share, on revenue of $1.25 billion.
Published on: February 05, 2025, 11:05 PM UTC
Morgan Stanley and other banks sell $5.5 billion in debt tied to Elon Musk's X platform, marking a milestone in efforts to reduce their exposure to the company. Despite initial plans to sell $3 billion, strong investor demand allowed the banks to sell the entire remaining slug of the highest-ranking borrowings used to fund Musk's buyout of Twitter. The loan was priced at 97 cents on the dollar, with a margin of 6.5 percentage points over the Secured Overnight Financing Rate.
Published on: February 05, 2025, 11:04 PM UTC
Presidential spending authority is challenged by the Trump administration and Elon Musk, sparking debates and raising concerns about the Impoundment Control Act and the separation of powers. As the issue escalates, Democrats raise objections and plan extended Senate debates, while Republicans defend the administration's actions, leading to potential legal battles and impacts on government spending and programs.
Published on: February 05, 2025, 11:02 PM UTC
Envista Holdings Corp. (NVST) reported Q4 EPS of $0.01, topping estimates by $0.01. Revenue was $652.9 million, above forecasts of $645.9 million. For the year, the company reported a loss of $1.12 billion, or $6.50 per share. Revenue was reported as $2.51 billion.
Published on: February 05, 2025, 10:09 PM UTC
Gold demand reaches new highs due to central bank purchases and investor interest amid rising geopolitical tensions and the threat of escalating tariffs.
Published on: February 05, 2025, 10:02 PM UTC
BlackRock to launch Bitcoin exchange-traded product in Europe in response to growing demand.
Published on: February 05, 2025, 07:04 PM UTC
US stocks rose on Monday as earnings from megacaps overshadowed downbeat readings on services and tech earnings. The S&P 500 advanced 0.1%, the Dow climbed 0.3% and the Nasdaq was little changed. Treasury yields fell as new orders for US service providers hit the weakest level since June.
Published on: February 05, 2025, 07:04 PM UTC
Chipotle Absorbs Tariffs, Won't Increase Prices for Now
Published on: February 05, 2025, 06:01 PM UTC
Chipotle CFO says no immediate price hikes planned despite tariffs, and discusses the company's avocado sourcing and value strategy.
Published on: February 05, 2025, 04:01 PM UTC
Disney's subscriber count falls for the first time in years, raising concerns about the company's future.
Published on: February 05, 2025, 04:00 PM UTC