Tag: pandemic

Posts with tag: pandemic

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India removes import duty on components to boost phone manufacturing

India removes import duties on components used in mobile phone production, benefiting local firms and boosting efforts to become a global manufacturing hub.

Kim Jones to leave LVMH's Dior Homme

Kim Jones, fashion designer, is leaving LVMH's Dior Homme brand.

Diageo Faces Pressure to Lower Sales Goals Amid Industry Downturn

Diageo faces pressure to revise its medium-term sales targets as investors question their achievability amidst industry-wide sales declines. With interim results on February 4th, Finance Chief Nik Jhangiani is expected to address the situation and consider lowering the 5-7% annual growth goal.

Lockheed Martin supera las expectativas de ganancias en el cuarto trimestre

Lockheed Martin Corp. reported fourth-quarter earnings of $527 million, or $2.22 per share, with adjusted earnings of $7.67 per share. Revenue was $18.62 billion, below expectations.

Strong Dollar Fuels Record Travel Demand for Major Airlines

A strong dollar benefits US airlines as American travelers head to Europe, where their dollar goes further. United and Delta shares hit all-time highs, while American Airlines stock fell on a weak outlook. The strong dollar is expected to boost summer travel to Europe, and international travel has been on an upswing since 2023.

Amalgamated Financial reports Q4 earnings

Amalgamated Financial Corp. (AMAL) reported Q4 earnings of $24.5 million ($0.79/share), adjusted EPS of $0.90, revenue of $107.4 million, adjusted revenue of $77.9 million. For the year, profit was $106.4 million ($3.44/share), revenue was $315.6 million.

Crypto Volatility Surges as Trump Takes Office, Launches Meme Coin

Bitcoin price fluctuates after Trump's inauguration speech, while Trump-themed meme coins gain investor interest.

D.R. Horton Tops Q1 Estimates as New Home Sales Rise Amidst Home Shortage

D.R. Horton beats estimates for revenue and profit in Q1, driven by new home sales boost amid existing home shortage. Shares rise 5% in premarket.