Posts with tag: money management
Japan's Seven & i Holdings picks Bain Capital to buy stake in non-core unit York Holdings, reportedly for over $4.7 billion.
Published on: February 22, 2025, 11:00 AM UTC
Natural gas fuels energy sector outperformance; XLE up over 7% YTD, individual movers include PAA, BKR, and MPLX
Published on: February 20, 2025, 11:03 PM UTC
Palantir stock (PLTR) dropped 10% after news that the Trump administration plans Pentagon budget cuts, with over half of the company's revenue coming from government contracts.
Published on: February 20, 2025, 01:03 PM UTC
SM Energy Co. (SM) reported better-than-expected earnings for the fourth quarter. Earnings per share were $1.91, compared to the consensus estimate of $1.86. Revenue was $852.2 million, slightly below the consensus estimate of $855.1 million. For the full year, the company reported profit of $770.3 million, or $6.67 per share, on revenue of $2.69 billion.
Published on: February 19, 2025, 11:07 PM UTC
Wall Street analysts remain bullish on US stocks despite trade tensions and inflation concerns, citing strong earnings, economic growth, and the potential of artificial intelligence. They expect the S&P 500 to reach record levels by year-end, with some recommending equal-weighted allocation and others suggesting investing in domestically focused companies.
Published on: February 18, 2025, 11:01 AM UTC
Casella Waste Systems Inc. (CWST) reported fourth-quarter earnings of $4.9 million, beating Wall Street expectations. The Rutland, Vermont-based company had net income of 8 cents per share, excluding one-time gains and costs. Revenue was $427.5 million, also exceeding forecasts. For the year, Casella reported profit of $13.5 million, or 23 cents per share, on revenue of $1.56 billion. The company expects full-year revenue in the range of $1.78 billion to $1.81 billion.
Published on: February 12, 2025, 10:06 PM UTC
Grocery inflation continues to rise, with eggs, orange juice, and coffee prices hitting shoppers' wallets hard. Bird flu, hurricanes, and weather patterns are impacting production and driving up costs. National grocers are imposing purchase limits on eggs, and restaurants are adding surcharges to offset rising egg prices. Orange juice and coffee futures are also on the rise due to weather events and limited global supplies. Consumers are likely to experience higher prices for these breakfast staples in the near future.
Published on: February 12, 2025, 07:03 PM UTC
US yields and stocks fluctuate as chair reiterates Fed in no rush to cut rates, but Powell's testimony before Senate Banking Committee sees markets little changed.
Published on: February 11, 2025, 05:04 PM UTC
Coca-Cola's Q4 earnings beat estimates, with revenue of $11.5B and EPS of $0.55. Revenue grew 12% for the full year, driven by higher prices and volume growth. The company expects 5-6% organic revenue growth and 2-3% adjusted earnings growth in 2025.
Published on: February 11, 2025, 05:02 PM UTC
Global stocks mostly climbed Thursday as Japan's Nikkei 225 gained 0.2%, Australia's S&P/ASX 200 surged 1.1%, and South Korea's Kospi edged up 0.7%. Hong Kong's Hang Seng rose 0.2% and Shanghai Composite added 0.6%.
Published on: February 06, 2025, 04:02 AM UTC