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Kosmos Energy Ltd reports results for the quarter ended December 31 - Earnings Summary
Kosmos Energy Ltd KOS.N reported a quarterly adjusted loss of 3 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 31 cents. The mean expectation of six analysts for the quarter was for a loss of one cent per share. Wall Stre...
Reuters
Mon, Feb 24
Owens Corning reports results for the quarter ended December 31 - Earnings Summary
Owens Corning OC.N reported quarterly adjusted earnings of $3.22 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $3.21. The mean expectation of seventeen analysts for the quarter was for earnings of $2.90 per share. Wall Street...
Reuters
Mon, Feb 24
Starbucks to lay off 1100 corporate employees
Investing.com -- Starbucks Corporation (NASDAQ:SBUX) is laying off 1100 corporate employees and will leave several hundred positions unfilled as part of CEO Brian Niccol’s plan to streamline operation
Investing.com
Mon, Feb 24
BUZZ-U.S. STOCKS ON THE MOVE- Twilio, Bath & Body Works, Wingstop
Eikon search string for individual stock moves: The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Feb 24 - U.S. stock index futures rose on Monday, as risk-taking recovered following a sharp selloff on Wall Street in the previous week, whil...
Reuters
Mon, Feb 24
BUZZ-BioMarin rises after Oppenheimer upgrades on revenue growth prospects
** Drugmaker BioMarin Pharmaceutical's BMRN.O shares rise ~1.8% to $68.25 premarket** Oppenheimer upgrades BMRN to "outperform" from "perform" rating** Brokerage says new management's focus on operational efficiencies, cost reduction and return on R&D investments will boo...
Reuters
Mon, Feb 24
US STOCKS-Wall St set to rebound after selloff, Apple dips on hefty spending plan
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.Nike gains after Jefferies upgrades to 'buy'Berkshire Hathaway up after posting record Q4 profitDomino's Pizza falls after missing Q4 same-store sales estimatesFutures up: Dow 0.59%...
Reuters
Mon, Feb 24
4 Stocks Down 28% to 49% That Could Be Incredible Bargains Right Now
Although the overall stock market is just shy of its all-time high, some stocks aren't doing so well. Homebuilders D.R. Horton (NYSE: DHI), NVR (NYSE: NVR), Green Brick Partners (NYSE: GRBK), and Dream Finders Homes (NYSE: DFH) are all down by 28% or more from their 52-week highs, but two longtime F...
The Motley Fool
Mon, Feb 24
Apollo to buy real-estate management firm Bridge Investment for $1.5 billion
Adds deal details and context throughout Feb 24 (Reuters) - Alternative asset manager Apollo Global Management APO.N will buy real estate firm Bridge Investment Group BRDG.N for about $1.5 billion in an all-stock deal, expanding its real estate offerings.Bridge stockholders and unit holders of it...
Reuters
Mon, Feb 24
Berkshire's Insurance Income Soars
Here's our initial take on Berkshire Hathaway's (NYSE: BRK.B) financial report.Key MetricsMetricQ4 2023Q4 2024Changevs. ExpectationsRevenue$93.38 billion$94.92 billion2%BeatEarnings per share (Class A)$26,043$13,695-47%n/aOperating earnings (per Class A share)$5,878$10,1020.72BeatCash and short-term...
The Motley Fool
Mon, Feb 24
LIVE MARKETS-S&P 500 index tests trend line, takes another tumble
U.S. equity index futures green: Russell 2000 up ~0.7%Jan national activity index -0.03 vs 0.15 in DecEuro STOXX 600 index up ~0.1%Dollar edges up; gold gains; bitcoin, crude slipU.S. 10-Year Treasury yield edges up to ~4.44%Welcome to the home for real-time coverage of markets brought to you by Reu...
Reuters
Mon, Feb 24
BUZZ-Axsome Therapeutics rises on migraine drug trial data
** Drugmaker Axsome Therapeutics' AXSM.O shares rise 1.6% to $139.98 premarket** AXSM says its drug, Symbravo, met the main goal in a late-stage trial to treat migraine headaches in patients who didn't respond well to other treatments** Symbravo is a combination of two medicines, meloxicam a...
Reuters
Mon, Feb 24
NYSE CONTENT ADVISORY: PRE-MARKET UPDATE FOR FEBRUARY 24TH
NEW YORK, Feb. 24, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) is proud to offer a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. jwplayer.key="3Fznr2BGJZtpwZmA+81lm048ks6+0NjLX...
PR Newswire
Mon, Feb 24
Watch RUM shares after Bongino named Deputy Dir. of FBI
Investing.com -- Former President Donald Trump has appointed podcaster and commentator Dan Bongino as deputy director of the FBI. Bongino, a staunch Trump ally, will serve under newly confirmed FBI Di
Investing.com
Mon, Feb 24
BUZZ-Bridge Investment Group rises after Apollo to buy co for about $1.5 billion
** Shares of real estate firm Bridge Investment Group BRDG.N rise 35.2% to $10.70 premarket** Alternative asset manager Apollo Global Management APO.N says it will buy the company for about $1.5 billion in an all-stock deal** Deal is expected to close in Q3 of 2025** Bridge to operate as a standalon...
Reuters
Mon, Feb 24
Domino's Pizza EPS Shines in Q4
Restaurant chain stalwart Domino's Pizza (NASDAQ:DPZ) reported fourth-quarter and full-year 2024 earnings on Monday, Feb. 24, that fell short of analysts' consensus expectations but still managed to highlight a consistent trajectory of growth and profitability. Earnings per share (EPS) came in at $4...
The Motley Fool
Mon, Feb 24
This Was the Average Social Security Benefit in 1965, and Here's What It Is Now
A lot has changed since 1965. Cellphones didn't exist, gas was around $0.30 per gallon, and the federal minimum wage was $1.25 an hour. Aside from inventions, price changes, and major cultural shifts, Social Security has also had its fair share of changes, including the average monthly benefit.The a...
The Motley Fool
Mon, Feb 24
Should You Follow Cathie Wood in Buying the Nu Holdings Stock Dip?
Nu Holdings (NYSE: NU) investors ended this past trading week on a downtick. The fast-growing Brazilian fintech stock plummeted 19% on Friday after the company posted a disappointing financial update.There were a few pressure points in Nu's fourth-quarter results. However, an interesting growth inve...
The Motley Fool
Mon, Feb 24
BUZZ-Robinhood rises after SEC drops investigation into its crypto platform
** Shares of trading platform Robinhood Markets HOOD.O rise 3.2% to $53.25 premarket ** Co says U.S. Securities and Exchange Commission closes investigation into Robinhood Crypto with no enforcement action ** Robinhood Crypto received Wells Notice from SEC in May 2024 ** Move is latest sign of ...
Reuters
Mon, Feb 24
Hedge funds exit tech, media stocks at fastest pace in six months, Goldman Sachs says
By Nell Mackenzie LONDON, Feb 24 (Reuters) - Hedge funds exited U.S. tech and media stocks in the two weeks to February 21 at the fastest pace in six months, according to Goldman Sachs, just as Nvidia NVDA.O, one of the biggest tech firms by market capitalisation, readies to report earnings.Nvidi...
Reuters
Mon, Feb 24
FACTBOX-Brokerages see uncertain 2025 on worries over Trump tariffs
Updates with FX forecasts from J.P.Morgan; U.S. 10-year yield target from Peel Hunt; U.S. inflation estimates from Goldman Sachs, Wells Fargo and Peel Hunt; Real GDP forecasts from Goldman Sachs, Barclays, J.P.Morgan, Citigroup, Deutsche Bank and Peel Hunt Feb 24 (Reuters) - Uncertainties around ...
Reuters
Mon, Feb 24
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