Information

Home Information
  • Feb 19, 2025

Activist Boom in Japan Is Upending Long-Short Stock Strategies

(Bloomberg) -- Takeover bids and activist intervention are shoring up shares of some Japanese companies seen as having weak fundamentals, making it harder for investors to succeed in short-selling strategies.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 Am

  • Feb 19, 2025

Fed's Jefferson says Fed can take time on next interest rate decision

Federal Reserve Vice Chairman Philip Jefferson said on Wednesday the U.S. central bank has time to weigh its next monetary policy move, citing a robust economy and still above target inflation. “The performance of the U.S. economy has been quite strong overall,” Jefferson said in the text of a speech to be delivered at a gathering at Vassar College. Jefferson said “bumpy” progress back to the target was likely following a percentage point’s worth of rate cuts last year.

  • Feb 19, 2025

Rogers (NYSE:ROG) Posts Q4 Sales In Line With Estimates But Stock Drops

Advanced materials manufacturer Rogers (NYSE:ROG) met Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 6.1% year on year to $192.2 million. On the other hand, next quarter’s revenue guidance of $187.5 million was less impressive, coming in 6.3% below analysts’ estimates. Its non-GAAP profit of $0.46 per share was 5.7% above analysts’ consensus estimates.

  • Feb 19, 2025

ACV Auctions (NASDAQ:ACVA) Beats Q4 Sales Targets But Stock Drops

Online used car auction platform ACV Auctions (NASDAQ:ACVA) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 34.8% year on year to $159.5 million. On the other hand, next quarter’s revenue guidance of $182.5 million was less impressive, coming in 2.9% below analysts’ estimates. Its GAAP loss of $0.16 per share was 11.1% below analysts’ consensus estimates.

  • Feb 19, 2025

Nordson (NASDAQ:NDSN) Reports Sales Below Analyst Estimates In Q4 Earnings

Manufacturing company Nordson (NASDAQ:NDSN) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 2.8% year on year to $615.4 million. Next quarter’s revenue guidance of $670 million underwhelmed, coming in 2.5% below analysts’ estimates. Its non-GAAP profit of $2.06 per share was 0.9% below analysts’ consensus estimates.

  • Feb 19, 2025

Remitly (NASDAQ:RELY) Surprises With Q4 Sales, Stock Soars

Online money transfer platform Remitly (NASDAQ:RELY) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 32.9% year on year to $351.9 million. The company expects next quarter’s revenue to be around $346.5 million, close to analysts’ estimates. Its GAAP loss of $0.03 per share was 67.6% above analysts’ consensus estimates.

Popular Post