A federal bankruptcy court in Delaware sided with Yellow’s rationale for shortening the layoff notification period to union employees. The post Teamsters’ WARN claims against Yellow fall short in federal bankruptcy court appeared first on FreightWaves.
Shares of Intuitive Machines rose on Thursday after its latest lunar lander mission successfully launched on a SpaceX Falcon 9 rocket on Wednesday night.
Applications for U.S. jobless benefits rose to a three-month high last week but remained within the same healthy range of the past three years. The number of Americans filing for jobless benefits rose by 22,000 to 242,000 for the week ending Feb. 22, the Labor Department said Thursday. Analysts projected that 220,000 new applications would be filed.
Warner Bros. Discovery reported weaker-than-expected fourth-quarter results, but shares rose in premarket trading Thursday on an upbeat streaming outlook.
Glass and windows manufacturer Tecnoglass (NYSE:TGLS) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 23.1% year on year to $239.6 million. The company’s outlook for the full year was close to analysts’ estimates with revenue guided to $980 million at the midpoint. Its non-GAAP profit of $1.05 per share was 2.7% above analysts’ consensus estimates.
Global entertainment and media company Warner Bros. Discovery (NASDAQ:WBD) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 2.5% year on year to $10.03 billion. Its GAAP loss of $0.20 per share was significantly below analysts’ consensus estimates.
Roofing materials distributor Beacon Roofing Supply (NASDAQ:BECN) fell short of the market’s revenue expectations in Q4 CY2024 as sales rose 4.5% year on year to $2.40 billion. Its GAAP profit of $1.32 per share was 1% below analysts’ consensus estimates.
With well-grounded fears of a trade war swirling and causing volatility in the traditional financial sector as well as in cryptocurrencies, you don't have to be a particularly skittish investor to be concerned about your portfolio at the moment. Let's analyze the argument for each, starting with XRP. For XRP to gain in value, at least two things need to happen.
Donald Trump’s supporters have lost more than $12bn (£9.5bn) in a month after the value of the president’s cryptocurrency collapsed.
Small-cap stocks can be incredibly lucrative investments because their lack of analyst coverage leads to frequent mispricings. However, these businesses (and their stock prices) often stay small because their subscale operations make it harder to expand their competitive moats.
