Posts with tag: sustainability
US stock futures are steady ahead of the release of January's inflation report, with Nasdaq futures up 0.2%, while S&P 500 and Dow Jones futures remain flat.
Published on: February 12, 2025, 02:01 AM UTC
Allison Transmission Holdings Inc. (ALSN) reported fourth-quarter earnings of $175 million, or $2.01 per share, exceeding Wall Street expectations. Revenue was $796 million, also surpassing forecasts. For the year, the company reported profit of $731 million, or $8.31 per share, on revenue of $3.23 billion. Allison Transmission expects full-year revenue in the range of $3.2 billion to $3.3 billion.
Published on: February 11, 2025, 10:08 PM UTC
January brings surprises as Wall Street adjusts to Trump 2.0, with slower dealmaking and political pressure on big banks.
Published on: February 11, 2025, 05:03 PM UTC
Tesla stock has tumbled 28% since hitting a record high in December 2024, as investors focus more on the company's fundamentals than Elon Musk's close proximity to President Trump.
Published on: February 11, 2025, 04:01 PM UTC
Financial information company S&P Global forecasts earnings above estimates, anticipates increased demand for data and analytics offerings amid macroeconomic uncertainty.
Published on: February 11, 2025, 02:07 PM UTC
Elliott Investment Management builds a $2.5B stake in Phillips 66; plans to push for midstream sale.
Published on: February 11, 2025, 12:04 PM UTC
Elon Musk appears to be helping dismantle the agency that would oversee his company's digital payments platform. The move has raised concerns about potential conflicts of interest and the impact on consumer protection.
Published on: February 11, 2025, 10:02 AM UTC
Toronto-Dominion Bank to sell its equity investment in Charles Schwab Corp. via a secondary stock offering.
Published on: February 10, 2025, 01:05 PM UTC
Hain Celestial (HAIN) missed Q4 revenue estimates and posted a 31.9% EPS miss. Organic revenue fell 7% YoY. Despite challenges, HAIN generated strong cash flow and reduced debt. Analysts project 1.6% revenue growth over the next 12 months.
Published on: February 10, 2025, 01:04 PM UTC
Trump Media & Technology Group, backed by former President Donald Trump, plans to launch a Bitcoin exchange-traded fund (ETF) as part of its Truth.Fi brand, aiming to give investors exposure to areas aligned with Trump's economic priorities. The announcement signals Trump's continued involvement in the cryptocurrency industry, which he has previously expressed support for.
Published on: February 09, 2025, 03:00 PM UTC