Posts with tag: photography
Northfield Bancorp Inc. reported a profit of $11.3 million in Q4, with earnings of 21 cents per share. Annual profit was $29.9 million, or 72 cents per share. (Zacks)
Published on: January 23, 2025, 04:01 AM UTC
Chuck Robbins, CEO of Cisco, discusses the impact of US-China relations and trade policy on businesses at the World Economic Forum in Davos. Cisco's China business, despite facing challenges, remains a key concern for Robbins, who also emphasizes the importance of extending expiring tax cuts. Shares of Cisco have underperformed over the past year but have shown recent resurgence, driven by better-than-expected earnings and optimism about the integration of Splunk.
Published on: January 23, 2025, 02:01 AM UTC
Microsoft's relationship with OpenAI faces challenges. Despite investing $14 billion, Microsoft was excluded from OpenAI's new joint venture, prompting speculation of a strained relationship. Microsoft has scaled back plans for additional investment, while OpenAI seeks other partners and explores using rival cloud services for its AI training.
Published on: January 22, 2025, 11:01 PM UTC
Volkswagen adjusts its profit target to 6%, cites cost-cutting deal to reduce workforce by 35,000 without layoffs.
Published on: January 22, 2025, 11:00 PM UTC
Saudi Arabia's Public Investment Fund (PIF) continues its bond issuance spree, raising $4 billion in a dual-tranche offering. Despite initial price talk, the notes were priced with lower premiums due to strong demand, exceeding $16 billion. The deal follows a $12 billion bond issuance by the Saudi government and a $7 billion Islamic loan by PIF.
Published on: January 22, 2025, 10:04 PM UTC
Retail CEOs are better equipped to deal with the latest round of tariffs from the Trump administration, having diversified their supply chains and negotiated with suppliers to keep costs down.
Published on: January 22, 2025, 10:02 PM UTC
Activist investor Ananym Capital Management plans to challenge Henry Schein's board of directors by nominating new members, citing concerns over CEO succession, cost-cutting, and capital allocation.
Published on: January 22, 2025, 10:00 PM UTC
Big Three automaker Stellantis plans major investments in the US following talks with the Trump administration, including a new midsize pickup truck and new investments in its Toledo assembly plant.
Published on: January 22, 2025, 08:02 PM UTC
PepsiCo CEO Ramon Laguarta wants to change the minds of food industry critics inside the new Trump administration, lauding the company's efforts in sodium, sugar, and artificial color reduction.
Published on: January 22, 2025, 08:01 PM UTC
Pressure on DEI programs sparks debate at Davos; companies search for alternative terms while staying committed to diversity
Published on: January 22, 2025, 08:00 PM UTC