Tag: travel

Benchmark prices for diesel continue to rise, with the latest increase driven by anticipation of potential tariffs on Canadian oil imports. The impact of these tariffs would be most significant in the Upper Midwest (PADD2), where a significant portion of crude imports come from Canada. However, market dynamics and the lack of infrastructure to redirect oil supplies may limit the price impact in other regions. Meanwhile, the ongoing production cuts by the OPEC+ group contribute to the overall upward trend in oil prices.

Published on: February 18, 2025, 11:04 PM UTC

Mondelez CEO warns of price hikes due to 'Make America Healthy Again' movement's reformulation requirements, including ingredient swaps and removal of food dyes.

Published on: February 18, 2025, 11:00 PM UTC

Rush Enterprises Inc. (RUSHA) reports fourth-quarter earnings of $74.8 million, or 91 cents per share, on revenue of $2.01 billion. For the year, the company reported profit of $304.2 million, or $3.72 per share, on revenue of $7.8 billion.

Published on: February 18, 2025, 10:10 PM UTC

Lyft faces intense competition from Uber, threatening its margins and limiting growth potential. Analysts downgrade Lyft to sell, with only 1 sell rating out of 46. Uber's response to Lyft's innovations and new services raises concerns about Lyft's ability to maintain market share. Autonomous vehicle companies also pose risks to Lyft's business model.

Published on: February 18, 2025, 10:10 PM UTC

The Andersons Inc. (ANDE) reported fourth-quarter profit of $45.1 million. On a per-share basis, the Maumee, Ohio-based company said it had profit of $1.31.

Published on: February 18, 2025, 10:09 PM UTC

Toll Brothers reports lower-than-expected Q1 earnings of $1.75 per share and revenue of $1.86 billion, missing analyst expectations.

Published on: February 18, 2025, 10:08 PM UTC

BrightSpire Capital, Inc. (BRSP) reported a fourth-quarter loss of $19.7 million, matching Wall Street expectations. Adjusted earnings were 18 cents per share, and revenue was $54.3 million. For the year, the company reported a loss of $132 million, and revenue was $90.9 million. Colony Credit shares have increased almost 6% year-to-date.

Published on: February 18, 2025, 10:07 PM UTC

Perdoceo Education Corporation reported $31.5 million in net income for its fourth quarter, with earnings per share of 50 cents after adjustments. Full-year earnings were $147.6 million, or $2.19 per share, on revenue of $681.3 million. The company expects per-share earnings of 64 to 67 cents for the current quarter ending in March and full-year earnings in the range of $2.31 to $2.51 per share.

Published on: February 18, 2025, 10:06 PM UTC

Record highs for stocks on chipmaker rally; US-Russia talks fuel Ukraine war end hopes

Published on: February 18, 2025, 10:05 PM UTC

La-Z-Boy (NYSE:LZB) beat Q4 revenue estimates with a 4.3% increase year-over-year. However, revenue guidance for Q1 CY2025 missed analyst expectations by 1.6%. Explore La-Z-Boy's financial performance, growth prospects, and valuation in our comprehensive research report.

Published on: February 18, 2025, 10:04 PM UTC