Tag: web development

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Kennametal Q2 Earnings Meet Estimates, Revenue Misses

Kennametal Inc. (KMT) reported Q2 EPS of $0.25, in-line with the Street estimate. Revenue missed the Street estimate. The company expects Q3 EPS between $0.20 and $0.30, and revenue between $480 million and $500 million.

Norwegian Line Holdings inks $9.34 bln order with Fincantieri for four cruise ships

Norwegian Line Holdings orders four cruise ships from Fincantieri for an estimated €9 billion, marking the largest order in the Italian shipbuilder's history.

India's Earnings Slowdown Raises Concerns for $4.1 Trillion Stock Market

India's stock market faces challenges amid slowing corporate earnings, economic slowdown, and global uncertainty. Citigroup and HSBC cut profit forecasts, while NSE Nifty 50 earnings growth is expected to be below 5%, the slowest since the pandemic. Weak results from Adani Enterprises, Tata Motors, and others have led to market declines and raised concerns about the impact of recent tax cuts.

Prudential Financial's Q4 Profit Rises on Investment Growth

Prudential Financial's Q4 profit rises on global investment management growth.

O-I Glass Reports Fourth-Quarter Loss, Tops Wall Street Views

O-I Glass reported a Q4 loss of $155 million, beating analyst expectations of a loss of 11 cents per share. Revenue was $1.53 billion, and the company expects full-year earnings in the range of $1.20 to $1.50 per share.

Snap earnings top Wall Street forecasts

Snap Inc. beats Wall Street estimates for Q4 earnings and revenue, posting a profit of $9.1 million and revenue of $1.56 billion.

Income Tax Withholding: What It Is, How It Works, and How to Check or Change It

Understand how withholding taxes work, affect your tax bill, and how to check or change your withholding. Learn about exemptions and the difference between withholding taxes and tax liability.

Robinhood Halts Super Bowl Bets Amid CFTC Inquiry

Robinhood suspends sports event contracts offering after a request from the CFTC. The CFTC is asking Kalshi and others offering the contracts to explain their compliance with derivatives rules.

Robinhood Stops Sports Event Contracts After CFTC Request

Robinhood has been requested by the CFTC to stop offering sports event contracts to its customers. The company says it will now suspend the rollout of the contracts and estimates about 1% of its customers were rolled into the new product.

Hedge Funds Thrive on Market Volatility, U.S. Tariffs

Hedge funds rebounded in January, posting strong returns despite market turmoil sparked by President Trump's policies. Stock-picking funds led the way, with Citadel's flagship funds posting gains of up to 2.7%.