Tag: wildlife

IT services provider Globant SA (GLOB) reported Q4 profit of $38.4 million ($0.85 per share), topping estimates of $1.74 per share. Revenue of $642.5 million missed expectations of $644.8 million. For the year, Globant reported profit of $165.7 million ($3.72 per share) on revenue of $2.42 billion.

Published on: February 20, 2025, 10:09 PM UTC

Walmart shares plunged 8.1% after reporting disappointing Q4 results. Revenue met estimates, but earnings outlook fell below expectations. Management guided for FY'26 sales growth of 3%-4% and operating income growth of 3.5%-5.5%. However, the VIZIO acquisition and tough comparison will impact profitability. Walmart's results are seen as a barometer for the U.S. retail sector, adding to concerns about consumer spending.

Published on: February 20, 2025, 09:00 PM UTC

Shyft (SHYF) missed Q4 sales targets with flat revenue year-on-year, but exceeded EPS estimates by 18.4%. While revenue guidance for 2025 meets analyst expectations, EBITDA guidance falls short. The company's historical sales growth has been weak, and its operating margin and EPS have declined over the past five years. Despite a mixed quarter, Shyft beat analyst EPS and EBITDA estimates. Its full-year EPS guidance also exceeds expectations, but full-year EBITDA guidance falls short. This quarter is just one piece of the longer-term business quality puzzle.

Published on: February 20, 2025, 02:06 PM UTC

Atlanta Fed President Raphael Bostic says interest rate cuts remain possible in 2025 as the Fed assesses economic conditions and Trump administration policies.

Published on: February 20, 2025, 02:03 PM UTC

Dating app Bumble's stock plunged 30% after a disappointing earnings report, with investors discouraged by user fatigue and reduced spending.

Published on: February 20, 2025, 02:00 AM UTC

Asian markets poised for declines; muted Wall Street moves as Fed minutes signal no rush to cut rates

Published on: February 19, 2025, 11:00 PM UTC

New FTC Chair Ferguson upholds Biden-era merger review standards, signaling stricter antitrust enforcement under Trump administration.

Published on: February 19, 2025, 07:03 PM UTC

A peace deal between Ukraine and Russia would benefit the currencies of nearby emerging economies, but much of this boost may already be factored in. JPMorgan maintains a neutral stance on Ukraine's government bonds until details of a peace deal are clearer.

Published on: February 19, 2025, 06:04 PM UTC

Elon Musk has been uncharacteristically quiet on the topic of tariffs, despite President Trump's focus on them. While Musk has previously expressed opposition to import duties, his recent tweets have avoided mentioning the subject. This silence has drawn criticism from some, who argue that Musk's business interests may be influencing his stance.

Published on: February 19, 2025, 04:02 PM UTC

US stocks ended the holiday-shortened week mixed on Tuesday, with a focus on potential policy changes from the Federal Reserve and President Donald Trump. The benchmark S&P 500 (GSPC) rose nearly 0.2% to a fresh record close, while the Dow Jones Industrial Average (DJI) and Nasdaq Composite (IXIC) finished slightly in the green. Uncertainty in the market has turned attention to the release of minutes from the Fed's January meeting on Wednesday for more insight into policymakers' thinking amidst Trump's tariffs and ongoing US negotiations with Russia on the Ukraine war.

Published on: February 19, 2025, 07:01 AM UTC