Cable, internet, and telephone services provider Charter (NASDAQ:CHTR) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 1.6% year on year to $13.93 billion. Its GAAP profit of $10.10 per share was 9.5% above analysts’ consensus estimates.
Walgreens Boots Alliance shares sank Friday after the pharmacy chain suspended its quarterly dividend to shore up its finances while it works to turn around its business.
The company's overall sales in China declined 11.1% during the quarter to $18.51 billion.
(Bloomberg) -- Not every country’s financial market is suffering fallout from Donald Trump’s return to the White House — and money managers say relations with the US are playing a growing role in deciding where to invest. Most Read from BloombergHow the 2025 Catholic Jubilee Is Reshaping RomeManhattan’s Morning Commute Time Drops With New Congestion TollTrump Paves the Way to Deputize Local Police on ImmigrationHousing Aid Uncertain After Trump’s Spending Freeze MemoTrump's Federal Funding Pause
(Bloomberg) -- JPMorgan Chase & Co.’s big preferred shares issue this week put sales desks into top gear. Their pitch was simple: a significant coupon jump — something that’s made the junior securities one of the hottest trades in credit.Most Read from BloombergHow the 2025 Catholic Jubilee Is Reshaping RomeManhattan’s Morning Commute Time Drops With New Congestion TollTrump Paves the Way to Deputize Local Police on ImmigrationHousing Aid Uncertain After Trump’s Spending Freeze MemoTrump's Feder
Freight Delivery Company ArcBest (NASDAQ:ARCB) met Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 8.1% year on year to $1.00 billion. Its non-GAAP profit of $1.33 per share was 26.6% above analysts’ consensus estimates.
A deadline for U.S. tariff hikes on two of its top trading partners has global currency markets braced for increased volatility, FX options signal, with the Canadian dollar in the crosshairs. President Donald Trump set the Saturday deadline to impose 25% tariffs on imports from Mexico and Canada in an effort to push them to halt illegal migrants and fentanyl from entering the U.S. Implied single-week Canadian-dollar volatility covering the period over the weekend has jumped to its highest since October 2022.
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(Bloomberg) -- Philippine stocks fell for a fifth day, pushing the nation’s benchmark index into a bear market, amid concern over potential global headwinds and disappointing domestic economic data.Most Read from BloombergHow the 2025 Catholic Jubilee Is Reshaping RomeManhattan’s Morning Commute Time Drops With New Congestion TollTrump Paves the Way to Deputize Local Police on ImmigrationHousing Aid Uncertain After Trump’s Spending Freeze MemoTrump's Federal Funding Pause Threatens State Financi
(Bloomberg) -- Investors are preparing for a flood of retail cash to hit the gilt market after the redemption of a UK bond that has become popular among wealthy Brits looking to lower their tax bill. Most Read from BloombergHow the 2025 Catholic Jubilee Is Reshaping RomeManhattan’s Morning Commute Time Drops With New Congestion TollTrump Paves the Way to Deputize Local Police on ImmigrationHousing Aid Uncertain After Trump’s Spending Freeze MemoTrump's Federal Funding Pause Threatens State Finan