Posts with tag: web development
**US stocks mixed amid policy uncertainty and earnings season** US stocks ended mixed Tuesday as investors weigh potential policy changes from the Federal Reserve and US President Donald Trump. The Dow Jones and Nasdaq Composite finished slightly higher, while the S&P 500 rose 0.2% to hit a fresh record close. Investors remain cautious after Monday's closure for Presidents Day and are closely watching the Fed's January meeting minutes due Wednesday for clues on future rate hikes. Earnings season continues, with results from companies like Baidu and Walgreens Boots Alliance this week.
Published on: February 19, 2025, 01:02 AM UTC
Pershing Square, led by Bill Ackman, submits a revised offer to acquire 10 million shares of Howard Hughes Holdings (HHH) at $90 per share, seeking 48% ownership. Ackman plans to transform HHH into a modern-day Berkshire Hathaway, acquiring controlling interests in private and public companies.
Published on: February 19, 2025, 01:01 AM UTC
TrueCar Inc. (TRUE) reports a Q4 loss of $5.8 million, or 7 cents per share. Adjusted for stock option expense, the loss was 4 cents per share, on revenue of $46.2 million. For the year, the company reported a loss of $31 million, or 34 cents per share, on revenue of $175.6 million.
Published on: February 18, 2025, 10:09 PM UTC
Bel Fuse (NASDAQ: BELFA) outperforms Q4 expectations with revenue soaring 7% YoY to $149.9 million. Despite a GAAP loss per share, adjusted EBITDA beats estimates by 80.8%. Q1 revenue guidance exceeds expectations, driving stock growth of 5.9%. Explore our full research report for insights on Bel Fuse's long-term prospects and valuation.
Published on: February 18, 2025, 10:01 PM UTC
Medifast (MED) overrasker med Q4-salg, men kvartalsvis indtægtsstyring misser betydeligt forventningerne.
Published on: February 18, 2025, 10:00 PM UTC
Company insolvencies in the UK have surged to a 16-year high, with nearly 500 businesses going bust every week. Bosses are choosing to close down solvent companies ahead of tax hikes and rising costs. The insolvency statistics suggest businesses are giving up before being overwhelmed by the rising costs in the spring.
Published on: February 18, 2025, 04:00 PM UTC
The future of low-cost airlines is uncertain as costs soar and passengers opt for more comfortable seats and spacious upgrades. The low-cost carrier model is eroding, and a recent acquisition proposal from Frontier was rejected by Spirit Airlines. Despite cost-cutting measures, low-cost carriers are struggling to compete with traditional airlines and the rising costs of labor, maintenance, and fuel.
Published on: February 18, 2025, 02:03 PM UTC
Watsco Inc. (WSO.B) reports fourth-quarter net income of $96.8 million, or $2.37 per share, on revenue of $1.75 billion.
Published on: February 18, 2025, 01:05 PM UTC
President Trump's promise to curb inflation becomes more difficult after the hotter-than-expected Consumer Price Index (CPI) for January. The report pressured stocks and raised bond yields, as investors perceived a lower probability of interest rate cuts. Economist Nouriel Roubini warns that even keeping interest rates on hold could lead to conflict between Trump and the Federal Reserve. Despite Trump's repeated calls for lower rates, Federal Reserve Chair Jerome Powell has signaled a cautious approach to rate cuts. Experts express concern that Trump's proposed policies, including tariffs, could exacerbate inflationary pressures and harm economic growth.
Published on: February 18, 2025, 01:03 PM UTC
Stocks near record highs as investors digest Fed speakers' inflation stance, await minutes; earnings season heats up.
Published on: February 18, 2025, 01:01 PM UTC