Burlington Stores stock was up 8.4% as of 11:15 AM EST today in reaction to better-than-expected results for the first quarter, which ended on May 5. The off-price retailer generated net sales of $1.52 billion, exceeding analysts’ expectation of $1.49 billion. Burlington Stores’ sales grew 12.8% on a year-over-year basis.
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The banking group's results showed it had made less money from loans and mortgages compared with last year.
Russia and its partners inside the Eurasian Economic Union (EEU) have agreed to continue high-sulphur bunker fuel usage and production for vessels inside the bloc until the end of 2026, the Eurasian Economic Commission (EEC) said on its website. The International Maritime Organization (IMO), of which Russia is a member, implemented a 0.5% sulphur content limit for bunker fuel internationally from 2020, in one of main changes for the marine industry in recent years.
Relentlessly rising auto insurance rates are squeezing car owners and stoking inflation. Auto insurance rates rose 2.6% in March and are up 22% from a year ago. Premium costs have been marching steadily higher since 2022, even as inflation at the consumer level steadily cooled from its 9.1% peak in the middle of that year.
Baron Funds, an investment management company, released its “Baron Health Care Fund” first quarter 2024 investor letter. A copy of the same can be downloaded here. The fund advanced 8.92% (Institutional Shares) in the quarter compared to an 8.52% gain for the Russell 3000 Health Care Index (benchmark) and a 10.56% increase for the S&P […]
TORONTO, April 24, 2024 (GLOBE NEWSWIRE) -- Red Pine Exploration Inc. (TSXV: RPX, OTCQB: RDEXF) (“Red Pine” or the “Company”) is pleased to announce assay results from 7 drill holes representing 2,538 metres (“m”) of diamond drilling from the 2023-2024 resource expansion program at the Wawa Gold Project. Since the resource expansion drilling program began in 2021, Red Pine has now drilled approximately 66,100 m of the targeted program of up to 70,000 meters. Of these holes, approximately 57,000
Tech giant Cisco Systems on Wednesday joined Microsoft and IBM in signing onto a Vatican-sponsored pledge to ensure artificial intelligence is developed and used ethically and to benefit the common good. Cisco Systems chief executive Chuck Robbins signed the document, known as the Rome Call, and met privately with Pope Francis, the Vatican said. The document was unveiled and signed at a Vatican conference on Feb. 28, 2020 — just before Italy locked down as a result of the COVID-19 pandemic — by Microsoft’s Brad Smith and IBM’s John Kelly III. Universities, U.N. agencies, private corporations and nongovernmental organizations have signed on as well.
Tesla earnings tumbled below lowered expectations. Tesla stock jumped late as the EV giant signaled an affordable EV is still it its plans. Elon Musk looms.
Tesla's surge is putting Big Tech earnings center stage as investors look to megacaps to lift stocks.
NEW ALBANY, Ind., April 24, 2024--RxLightning, creator of the industry’s leading platform for streamlining specialty medication access and affordability, is proud to have reached a number of meaningful milestones in the last year – including significant increases in provider users, enrollments completed, and speed-to-therapy – in addition to successful fundraising and award recognitions.
Britain's competition watchdog said on Wednesday it was seeking comments on the AI partnerships between Microsoft and Mistral AI, as well as between Amazon and Anthropic. The Competition and Markets Authority said it was also seeking comments on Microsoft's hiring of former employees of Inflection AI and related arrangements. "The CMA is also considering feedback received earlier this year on Microsoft's partnership with OpenAI and is currently waiting for information it has requested from the firms," it said.
An investigation is ongoing after two men were arrested.
A rally attempt is underway. Tesla and AI play Vertiv were big earnings winners. Meta and ServiceNow loom tonight.
LONDON, April 24, 2024--Zilch, the world’s first ad-subsidised payments network (ASPN), announces today that it has extended its collaboration with cloud provider Amazon Web Services (AWS) to accelerate the rollout of Artificial Intelligence (AI) innovation across the Zilch proposition.
The government says it will fund the scheme estimated to cost £4m when priced up in 2020.
Syed Hussain-Kazi stabbed University of Hull student Sachin Hawkins, 19, at a shared house in Hull.
Ball announced the news on social media on Wednesday
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