Tag: software development

Online money transfer platform Remitly (NASDAQ:RELY) exceeded revenue expectations in Q4 CY2024, with sales up 32.9% year on year. The company expects next quarter's revenue to be around $346.5 million, close to analysts' estimates. Its GAAP loss of $0.03 per share was 67.6% above analysts’ consensus estimates. Discover more about Remitly's performance in our comprehensive research report.

Published on: February 19, 2025, 10:01 PM UTC

Siemens Plans €1.4 Billion Healthineers Stake Sale, Raising Proceeds for Altair Deal

Published on: February 19, 2025, 08:01 PM UTC

Canadian miner Barrick Gold signs new agreement with Mali to end dispute over mining assets, including payment of $438 million for release of detained employees and seized gold, and restarting of Loulo-Gounkoto mine operations.

Published on: February 19, 2025, 07:00 PM UTC

The CEOs of Wall Street's major banks saw significant pay increases in 2024, with Citigroup CEO Jane Fraser receiving the largest bump. Fraser's total compensation rose to $34.5 million, while Goldman Sachs CEO David Solomon's pay climbed to $39 million. Despite setbacks like fines and a dialed-back return target, Citigroup's stock has outperformed peers this year thanks to Fraser's strategic leadership.

Published on: February 19, 2025, 05:02 PM UTC

Formula One kicks off its 75th season with new cars, tech, and a growing fan base, driven by Netflix's "Drive to Survive" and the addition of American automakers Ford and Cadillac.

Published on: February 19, 2025, 03:01 PM UTC

Stepan Co. (SCL) reports fourth-quarter net income of $3.4 million, or 15 cents per share, on revenue of $525.6 million. For the year, the company reports profit of $50.4 million, or $2.20 per share, on revenue of $2.18 billion.

Published on: February 19, 2025, 01:07 PM UTC

Stock futures dip as investors weigh Fed minutes, Trump's tariff proposals. Intel falls on talks to sell chip unit, Super Micro rises on AI optimism. Apple in focus ahead of expected low-cost iPhone launch.

Published on: February 19, 2025, 01:04 PM UTC

Billionaire investor Bill Ackman's Pershing Square proposes buying 10 million new shares of Howard Hughes Holdings, giving it a 48% stake. The deal includes Ackman becoming chairman and CEO and transforming HHH into a diversified holding company similar to Berkshire Hathaway.

Published on: February 19, 2025, 01:03 PM UTC

Parsons Corp. (PSN) misses Q4 earnings and revenue expectations, with adjusted EPS of 78 cents versus 92 cents estimate and revenue of $1.73 billion versus $1.74 billion estimate.

Published on: February 19, 2025, 12:06 PM UTC

Billionaire investor Bill Ackman's Pershing Square proposes to buy 10 million shares of Howard Hughes Holdings (HHH) at $90 each, giving it 48% ownership. Ackman plans to transform HHH into a diversified holding company like Berkshire Hathaway.

Published on: February 19, 2025, 12:02 PM UTC