Tag: technology

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Kelly Services Reports Q4 Loss

Kelly Services reports a Q4 loss of $31.8 million, with adjusted earnings of 82 cents per share, on revenue of $1.19 billion. For the year, the company reports a loss of $600,000, on revenue of $4.33 billion.

GE HealthCare sees 2025 profit above Wall Street estimates

GE HealthCare forecasts annual profit above estimates, driven by strong demand in U.S. medical devices markets, offsetting weakness in China due to tariffs and anti-corruption campaign.

CVS Gains 15% After Conservative Outlook, PBM Defense

CVS stock surges 15% on conservative 2025 outlook, earnings beat; CEO defends PBM unit

iPhone SE 4: Apple's Risky AI Gambit Amidst Cautious Optimism

Apple reportedly set to launch new iPhone SE with AI partner Alibaba, but analysts cautious

Market Jitters Over Interest Rate Hike Talk

The stock market's inflation jitters: Latest CPI reading renews concerns over Fed rate hikes. Despite a sell-off after the CPI report, the S&P 500 fell less than 0.3% and the Nasdaq closed positive. Economists remain divided on the possibility of a rate hike this year, but the 10-year Treasury yield spiked as high as 4.66%.

India-US Trade Talks: Energy, Non-Tariff Barriers May Soften Trump's Tariff Blow

Indian Prime Minister Narendra Modi visits the White House today with tariffs as a top concern. However, India's energy relationship with the U.S. may help it avoid new duties.

Avient Q4 earnings top estimates, revenue misses

Avient Corp (AVNT) reported fourth-quarter earnings of $48.3 million, or 52 cents per share, beating estimates. Revenue was $746.5 million, missing forecasts. For the year, the company reported earnings of $169.5 million, or $1.84 per share, on revenue of $3.24 billion. Avient expects full-year earnings in the range of $2.70 to $2.94 per share.

Herc Holdings Inc. Reports Q4 Loss

Herc Holdings Inc. (HRI) reported a Q4 loss of $46 million, or $1.62 per share. Adjusted EPS was $3.58 on revenue of $951 million. For the year, the company reported a profit of $211 million, or $7.40 per share, on revenue of $3.47 billion.

Molson Coors Q4 Earnings Top Estimates

Molson Coors reports strong Q4 earnings, surpassing Wall Street expectations. Adjusted earnings per share was $1.30, and adjusted revenue came in at $2.74 billion.

Allete Reports Q4 Net Income of $50.6 Million, Up 0.17%

Allete Inc. (ALE) reported fourth-quarter net income of $50.6 million, or 87 cents per share, on revenue of $364.8 million.