News of the day for Jan. 31, 2025
Charter (NASDAQ:CHTR) Posts Q4 Sales In Line With Estimates
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 Stock Tumbles on Dividend Suspension
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.
iPhone sales slump in China as Apple falters in key market
The company's overall sales in China declined 11.1% during the quarter to $18.51 billion.
BlackRock, Gramercy See New Emerging-Market Winners in Trump Era
(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
Crypto Daybook Americas: USDC Takes January Crown as Bitcoin Looks to Core PCE Data
The day ahead in crypto: Jan. 31, 2025
JPMorgan’s Preferred Stock Sale Fuels Frenzied Hunt for Coupons
(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
Chevron Sees Permian Basin Oil Growth Reaching 10% This Year
(Bloomberg) -- Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth. 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 F
Chevron Lifts Dividend After Profit Disappoints on Oil Slump
(Bloomberg) -- Chevron Corp. raised dividends by 5% even as profit underperformed expectations amid shrinking crude prices and fuel-making margins. 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 Financials Adjusted fourth-quarter earnings were $2.06 a
ArcBest (NASDAQ:ARCB) Reports Q4 In Line With Expectations, Stock Soars
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.