Posts with tag: robotics
The Takeaway from today's Morning Brief, which you can sign up for in your inbox every morning along with a chart of the day, what we're watching, what we're reading, and economic data releases and earnings.
Published on: February 19, 2025, 03:03 PM UTC
New FTC chair Andrew Ferguson is maintaining stricter merger review standards, suggesting continued scrutiny of big acquisitions under the Trump administration.
Published on: February 19, 2025, 03:00 PM UTC
Etsy missed Wall Street estimates for Q4 revenue and GMS, hurt by weak spending on gifts and handcrafted goods. Despite reporting earnings per share that beat expectations, shares declined 4% premarket due to lower consumer demand and competition from other online shopping platforms.
Published on: February 19, 2025, 01:04 PM UTC
Enpro Inc. reported fourth-quarter profit of $13.9 million, or 66 cents per share. Adjusted earnings were $1.57 per share. Revenue was $258.4 million.
Published on: February 19, 2025, 12:05 PM UTC
Healthcare Realty Trust reports Q4 FFO of $143.4 million, beating estimates, with revenue of $309.8 million. FFO for the year was $576.8 million, with revenue of $1.27 billion. The company expects full-year FFO in the range of $1.56 to $1.60 per share.
Published on: February 19, 2025, 12:05 PM UTC
HSBC plans to cut thousands of jobs in the UK as it restructures and shifts its focus to China. The bank aims to reduce costs by $1.5 billion by next year, and the job cuts will primarily come from simplifying the organizational structure and reducing management layers. HSBC's focus on Asia, particularly China, is evident as it expands its wealth management presence in the region.
Published on: February 19, 2025, 12:01 PM UTC
Tesla's brand image takes a hit as Elon Musk's controversial political involvement sparks protests and negative sentiment among consumers, threatening the company's market position amidst potential EV tax credit cuts.
Published on: February 19, 2025, 11:03 AM UTC
MTU Aero Engines boosts 2025 revenue guidance on weaker euro; anticipates revenue within the revised range of €8.7B to €8.9B, impacted by exchange rate assumptions.
Published on: February 19, 2025, 08:01 AM UTC
JPMorgan Chase removes DEI language from annual report amid conservative scrutiny. Workforce breakdown and DEI centers still mentioned, but some DEI programs may be altered due to legal and regulatory changes.
Published on: February 18, 2025, 11:03 PM UTC
Devon Energy Corp. reported fourth-quarter profit of $639 million, surpassing Wall Street's expectations. Adjusted EPS was $1.16, revenue of $4.4 billion also beat estimates. For the year, the company reported profit of $2.89 billion on revenue of $15.94 billion.
Published on: February 18, 2025, 10:10 PM UTC