Crypto Custody Firms BitGo and Copper Deliver Off-Exchange Settlement for Deribit
Clients of BitGo and Copper can now trade spot and derivatives on Deribit while assets are secured off-exchange.
Freshpet (NASDAQ:FRPT) Reports Sales Below Analyst Estimates In Q4 Earnings
Pet food company Freshpet (NASDAQ:FRPT) fell short of the market’s revenue expectations in Q4 CY2024, but sales rose 22% year on year to $262.7 million. The company’s full-year revenue guidance of $1.20 billion at the midpoint came in 1.7% below analysts’ estimates. Its GAAP profit of $0.36 per share was 5.3% below analysts’ consensus estimates.
Hasbro (NASDAQ:HAS) Delivers Impressive Q4
Toy and entertainment company Hasbro (NASDAQ:HAS) beat Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 14.5% year on year to $1.10 billion. Its non-GAAP profit of $0.46 per share was 39.3% above analysts’ consensus estimates.
Choice Hotels (NYSE:CHH) Exceeds Q4 Expectations, Stock Soars
Hotel franchisor Choice Hotels (NYSE:CHH) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 8.8% year on year to $389.8 million. Its non-GAAP profit of $1.55 per share was 4.5% above analysts’ consensus estimates.
LKQ (NASDAQ:LKQ) Misses Q4 Revenue Estimates
Automotive parts company LKQ (NASDAQ:LKQ) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 4.1% year on year to $3.36 billion. Its non-GAAP profit of $0.80 per share was 7.8% above analysts’ consensus estimates.
The market’s all-time highs come with a load of anxiety: Morning Brief
The S&P 500 notched another all-time high. But at the same time, the market mood isn't particularly great. For good reason.
Money market account rates today, February 20, 2025 (earn up to 4.75% APY)
Looking for the best money market account interest rates available today? Here’s where to find the highest rates. Is a good time to open a money market account?
Fund Giant BlackRock Is Out to Unite Public and Private Markets
(Bloomberg Markets) -- Asset management has two great kingdoms. The purveyors of mutual funds and exchange-traded funds dominate the first and better-known one. They invest in public stocks and bonds, and their clients are increasingly sensitive to costs. Their most popular products these days are passive index trackers with razor-thin fees, often just a few hundredths of a percentage point of assets each year. But the money managers make it up on volume, selling funds to everyone from big insti
European Bank Stocks Head for Best Winning Streak Since 1997
(Bloomberg) -- European banks have sailed through the earnings season and are promising massive share buybacks, adding fuel to their best winning streak since 1997.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsChild Migrant Watchdog Gutted in DOGE CutsChicago Council Delays $830 Million Bond Vote Amid ScrutinyThe sector has been rallying for
US Stocks’ Resistance to Shocks Rises to Pre-Pandemic Levels
(Bloomberg) -- A measure of the S&P 500 Index’s ability to brush off fear-inducing headlines and surprise policy announcements is the strongest since before the Covid-19 pandemic.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsChild Migrant Watchdog Gutted in DOGE CutsChicago Council Delays $830 Million Bond Vote Amid ScrutinyInvestors are now