Yahoo Finance Earnings give momentum back its mojo
Summary: Market friendly earnings from momentum players like Netflix and Gilead, along with a Facebook upgrade before its results, propel stocks back toward record levels. Conway G. Gittens reports.
Summary: Market friendly earnings from momentum players like Netflix and Gilead, along with a Facebook upgrade before its results, propel stocks back toward record levels. Conway G. Gittens reports.
Airbus posted weaker than expected first-quarter operating profit and cashflow partly after hiring more staff to prepare for rising demand, but reaffirmed its financial goals for 2024 after a nervous start to the year on industrial costs. Airbus reported 577 million euros ($618.37 million) in adjusted operating profit, down 25% on the year, revenue of 12.83 billion euros and a free cash outflow of 1.8 billion euros. "Geopolitical and supply chain tensions continue," Airbus CEO Guillaume Faury said in a results statement, adding the operating environment "shows no sign of improvement".
INDIANAPOLIS, April 25, 2024 (GLOBE NEWSWIRE) -- Today the Board of Directors of the Federal Home Loan Bank of Indianapolis ("FHLBank Indianapolis" or "Bank") declared its first quarter 2024 dividends on Class B-2 activity-based capital stock and Class B-1 non-activity-based stock at annualized rates of 9.50% and 4.50%, respectively. The higher dividend rate on activity-based stock reflects the Board's discretion under the Bank's capital plan to reward members that use FHLBank Indianapolis in su
National Hockey League (NHL) and its digital broadcast rights owner Rogers Communications on Thursday signed a deal to stream the hockey tournament's next two seasons exclusively on Amazon.com's Prime Video for Canadian audiences. Amazon Prime subscribers in Canada will be able to access the broadcasts along with match analyses and coverage, according to a joint statement by Rogers and the NHL. Financial details of the two-year deal were not disclosed.
The United States Gross Domestic Product (GDP) print came out Thursday morning, revealing that the US economy grew by 1.6%, slowing behind projections of 2.5%. Wealth! Host Brad Smith provides an in-depth analysis explaining the concept of GDP, how the figure is calculated, and its measurement of economic health. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith
This brings up Toyota's total investment in Indiana to $8 billion and adds up to 340 new jobs at the Japanese automaker. The latest investment comes after the company had said in February it would invest $1.3 billion at its Kentucky facility for electrification efforts, including assembly of a new, three-row battery electric SUV for the U.S. market. Toyota's Indiana facility is home to more than 7,500 team members who assemble its popular models such as Sienna vans, Highlander, Grand Highlander and the Lexus TX.
2024 Annual General Meeting Approval of all resolutions PRESS RELEASE April 25, 2024 ANNUAL GENERAL MEETING OF APRIL 25, 2024: APPROVAL OF ALL RESOLUTIONS Kering's Annual General Meeting was held on April 25, 2024, at the Group's head office, 40, rue de Sèvres, Paris 7e. Kering's shareholders approved all the resolutions submitted to their vote, including the distribution of a €14 per share cash dividend for 2023. An interim cash dividend of €4.50 per share was paid on January 17, 2024, pursuant
A top US bank regulator opted not to consider new policies that would have imposed stricter oversight on asset managers with sizeable investments in banks like Blackrock and Vanguard, even as agency officials agreed the matter merited more attention. The Federal Deposit Insurance Corporation postponed votes on two competing plans that would have given the agency more power to scrutinize asset managers after it was clear neither had the majority backing of the five-member board. "If these fund complexes are using their purportedly passive investment funds to push social policy, to influence bank policy, there's a real significant issue here," said FDIC board member Jonathan McKernan at the agency's public board meeting on Thursday.
The last original member of The Moody Blues has died. Mike Pinder follows singer and guitarist Denny Laine, who died in Florida last winter.
The move would be a much-needed boost for the London Stock Exchange, which has struggled for new listings this year
TikTok owner ByteDance would prefer shutting down its loss-making app rather than sell it if the Chinese company exhausts all legal options to fight legislation to ban the platform from app stores in the U.S., four sources said. The algorithms TikTok relies on for its operations are deemed core to ByteDance overall operations, which would make a sale of the app with algorithms highly unlikely, said the sources close to the parent. TikTok accounts for a small share of ByteDance's total revenues and daily active users, so the parent would rather have the app shut down in the U.S. in a worst case scenario than sell it to a potential American buyer, they said.
Lithia Motors, Inc. (NYSE:LAD) Q1 2024 Earnings Call Transcript April 24, 2024 Lithia Motors, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Greetings, and welcome to Lithia Motors First Quarter 2024 Earnings Conference Call. At this time, all participants […]
Rapper Post Malone also featured in some candid shots from the bash
SANTA CRUZ, Calif. & ABU DHABI, United Arab Emirates, April 25, 2024--Joby Aviation, Inc. (NYSE:JOBY), a company developing all-electric aircraft for commercial passenger service, today announced it has signed a multilateral Memorandum of Understanding (MoU) with the Department of Municipalities and Transport - Abu Dhabi (DMT), the Abu Dhabi Department of Economic Development (DED) and the Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi) that lays the groundwork for Joby to establis
A huge international report has found that England leads the world in under-age drinking - and that girls are drinking, smoking and vaping more than boys in the UK. The study is one of the largest of its kind and was carried out by the World Health Organisation, who examined data from 280,000 children aged 11, 13 and 15 from 44 countries. Dr Jo Inchley, international coordinator for the study, called Health Behaviour In School-Aged Children, explains some of the key findings.
The prime minister warns that El Niño-triggered heavy rains are likely to continue into May.
It might seem bad, but the worst that can happen when you buy a stock (without leverage) is that its share price goes...
Fantasy baseball analyst Scott Pianowski breaks down some of the trickiest batters to gauge so far this season in the latest edition of The Buzz.
Toyota Motor Corp said on Thursday it would invest $1.4 billion in its Princeton facility in Indiana to prepare for assembly of a three-row battery electric SUV. This brings up Toyota's total investment in Indiana to $8 billion and adds up to 340 new jobs at the Japanese automaker. The latest investment comes after the company had said in February it would invest $1.3 billion at its Kentucky facility for electrification efforts, including assembly of a new, three-row battery electric SUV for the U.S. market.
PHILADELPHIA, April 25, 2024--Exegenesis Bio, a rapidly growing global genetic medicines company, is pleased to announce the presentation of clinical efficacy and safety data from its EXG001-307 Phase 1/2 clinical trial in Spinal Muscular Atrophy (SMA) Type I at the American Society of Gene and Cell Therapy (ASGCT) Annual Meeting in Baltimore, Maryland on May 8, 2024 (poster #627).
Single-word ratings will continue to give the verdict for schools