Posts with tag: outdoors
Australia's core inflation eased in Q4 2024, boosting expectations for an interest rate cut as early as next month. The trimmed mean gauge of consumer prices rose by 3.2%, below forecasts, leading to a decline in the currency and government bond yields. Economists now predict rate cuts in February or April, while the RBA signals confidence in inflation returning to target within a reasonable timeframe. Despite elevated services prices, a decline in non-discretionary goods and services suggests a shift in consumer spending.
Published on: January 29, 2025, 04:01 AM UTC
Sandy Spring Bancorp Inc. (SASR) reports a Q4 loss of $39.5 million, or 87 cents per share. Adjusted for impairments and M&A costs, EPS came in at 47 cents per share. Revenue reached $192.7 million. For the year, the company reported a profit of $19.9 million, or 44 cents per share, and revenue of $406.4 million.
Published on: January 28, 2025, 01:06 PM UTC
Industrial giant Honeywell is reportedly spinning off its advanced materials business, exploring additional spin-offs, and facing pressure from activist investor Elliott Management to further restructure.
Published on: January 24, 2025, 11:03 AM UTC
Northern Trust reports a fourfold increase in Q4 profit, exceeding analysts' estimates, as rising equity markets boost its income from asset management and servicing.
Published on: January 23, 2025, 03:05 PM UTC
Netflix stock (NFLX) hit an all-time high on Wednesday after reporting a surge in subscribers and earnings that beat expectations. The company's ad-supported tier will now cost $7.99, while its Standard tier will be $17.99 and its Premium tier will be $24.99.
Published on: January 23, 2025, 02:02 AM UTC
Oil prices fell on Tuesday after President Trump signed executive orders to boost US production and threatened tariffs on Canada and Mexico, raising concerns about a trade war.
Published on: January 22, 2025, 04:01 AM UTC
Elon Musk may buy TikTok to avoid a US ban. The social media platform needs to find an American buyer by next week or face a nationwide ban. Musk is reportedly the most likely candidate, as he has a close relationship with Beijing.
Published on: January 17, 2025, 07:48 PM UTC