Tag: nature

Hanover Insurance Group Inc. reports fourth-quarter earnings of $167.9 million, topping Wall Street expectations.

Published on: February 04, 2025, 10:09 PM UTC

FMC reports a Q4 loss of $16.3 million, or 13 cents per share, but beats earnings expectations with $1.79 per share, adjusted for one-time items. Revenue falls short of estimates at $1.22 billion. For Q1, FMC anticipates earnings in the range of 5-15 cents per share and revenue between $750-$800 million. Full-year expectations include earnings of $3.26-$3.70 per share and revenue of $4.15-$4.35 billion.

Published on: February 04, 2025, 10:08 PM UTC

Fox unveils plans for direct-to-consumer streaming service as Venu Sports venture falls apart. The new platform will target cord-cutters and cord-nevers, with modest subscriber expectations and competitive pricing.

Published on: February 04, 2025, 10:03 PM UTC

US stocks closed higher on Tuesday, led by Big Tech, as investors assessed China's swift retaliation to the US's increased tariffs and the potential consequences of a trade conflict. Traders also digested new employment information, which revealed a larger-than-anticipated decrease in job vacancies in December. Investors continue to watch for signs of a downturn in the labor market as the Federal Reserve deliberates potential interest rate reductions in light of persistent inflation. The Dow Jones Industrial Average (^DJI) climbed roughly 0.3%, while the S&P 500 (^GSPC) gained roughly 0.7%. Following losses on Monday, the Nasdaq Composite (^IXIC), which is heavily weighted toward technology, gained nearly 1.4%.

Published on: February 04, 2025, 10:01 PM UTC

Republican lawmakers announce plans for stablecoins bill and regulatory framework to bring clarity to digital asset industry in the United States.

Published on: February 04, 2025, 10:01 PM UTC

Archer-Daniels-Midland slashes costs and cuts staff amid commodity downturn, trade war uncertainty. The company forecasts a possible third straight annual earnings drop in 2025.

Published on: February 04, 2025, 09:00 PM UTC

US stocks rallied on Tuesday as investors gauged China's immediate response to President Donald Trump's additional tariffs amidst fears of a potential trade war. Investors also digested fresh jobs data, with job openings dropping more than expected in December. Investors continue to monitor signs of a cooling labor market as the Federal Reserve weighs future interest rate cuts amid persistent inflation.

Published on: February 04, 2025, 08:00 PM UTC

Meta's CTO anticipated the launch of DeepSeek's AI model months ago, calling it "both a big deal and also not as big as it's made out to be."

Published on: February 04, 2025, 07:01 PM UTC

Footwear and apparel tariffs go into effect, increasing costs for US consumers. Companies like Kontoor Brands (KTB), Warby Parker (WRBY), Skechers (SKX), and Crocs (CROX) may see earnings decline. Retailers strategize in "tariff war rooms" to mitigate margin erosion and protect their profits.

Published on: February 04, 2025, 06:03 PM UTC

Pfizer (PFE) reports Q4 and full-year 2024 earnings, beating Wall Street expectations. Revenue grew 7% to $63.6 billion for the year, while EPS of $3.12 exceeded estimates. Despite facing headwinds like pipeline challenges and Medicare price negotiations, Pfizer plans to cut costs and enhance shareholder value in 2025.

Published on: February 04, 2025, 06:03 PM UTC