Tag: online business

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JPMorgan CEO Defends DEI Initiatives As Activist Targets Bank

Conservative activist Robby Starbuck targets JPMorgan Chase for its DEI initiatives, calling them "embarrassing" and accusing the bank of using illegal quotas. JPMorgan CEO Jamie Dimon is defiant, saying he will "scour" the bank's DEI programs to ensure compliance with evolving laws. The move comes as companies across various industries face increasing pressure to abandon DEI policies.

Saab forecasts higher organic sales growth in 2025, updates medium-term targets

Saab expects organic sales growth of 12-16% in 2025, and around 18% CAGR for 2023-2027, amid rising global tensions and increased demand for defense equipment.

CMS Earnings Beat Estimates, Revenue Misses

CMS Energy Corp. reported Q4 EPS of $0.87, exceeding the Street's estimate of $0.86. Revenue was $1.99B, below the Street's estimate of $2.14B. For the year, the company reported EPS of $3.33 and revenue of $7.52B. CMS Energy expects full-year EPS in the range of $3.54 to $3.60.

Ford Reports Q4 Earnings, 'Muted' 2025 Outlook Amid EV Losses

Ford Beats Q4 Estimates but Issues Muted Full-Year Guidance Due to Market Headwinds; EV Losses Expected to Continue in 2025

DXC Beats Estimates as Cloud Demand Boosts Profit

DXC Technology beats Wall Street estimates in Q3, driven by strong cloud-based solutions spending amid rising adoption of AI.

BT axes diversity from bonus scheme in sign of corporate rethink

BT is scrapping diversity measures in its manager bonus scheme, despite criticism from CEO Allison Kirkby of companies "stepping back from their commitment to inclusion." The move comes amid a wider rethink by British business on the role of ethnic and gender representation targets.

Ferrari Stock Surges on Strong Earnings Beat and Bullish Guidance

Ferrari stock (RACE) jumped after the luxury automaker reported better-than-expected results and raised guidance, with strong sales in the US and Europe offsetting weakness in China. Ferrari's high margins and long waitlist suggest it's well-positioned to weather potential headwinds from tariffs.

Trump Tariffs: Goldman Sachs Warns of Impact on Market Valuations

Despite positive news about delayed tariffs, experts warn of risks in Trump's trade agenda. Tech stocks face significant exposure, with firms like Qualcomm, Qorvo, and Skyworks potentially vulnerable. Investors are advised to exercise caution amid geopolitical uncertainty and consider defensive sectors such as infrastructure, defense technology, and energy infrastructure.

Franklin Resources Tops Wall Street Expectations in Fiscal Q1

Franklin Resources reports a Q1 profit of $163.6 million, surpassing Wall Street expectations. Adjusted earnings per share were 59 cents, revenue reached $2.25 billion, also topping forecasts.

Occupational Burnout Among Nurses

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