Healthcare tech company Omnicell (NASDAQ:OMCL) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 18.6% year on year to $306.9 million. On the other hand, next quarter’s revenue guidance of $260 million was less impressive, coming in 2% below analysts’ estimates. Its non-GAAP profit of $0.60 per share was 2.8% above analysts’ consensus estimates.
Q4 freight data shows market reboot slower than anticipated
Q4 2024 data released by freight audit and payment provider U.S. Bank showed a trucking industry continuing to battle cyclical and structural headwinds. The post Q4 freight data shows market reboot slower than anticipated appeared first on FreightWaves.
Canadians Support Using Oil as Weapon If Trump Starts Trade War
(Bloomberg) -- Supply Lines is a daily newsletter that tracks global trade. Sign up here.Most Read from BloombergCitadel to Leave Namesake Chicago Tower as Employees RelocateState Farm Seeks Emergency California Rate Hike After FiresTransportation Memos Favor Places With Higher Birth and Marriage RatesNYC Sees Pedestrian Traffic Increase in Congestion-Pricing ZoneSan Francisco Wants Wealthy Donors to Help Fix Fentanyl CrisisThere is strong nationwide support among Canadians for putting export ta
Should Investors Stay Away From Crypto as the Tariff War Heats Up?
In the 48 hours before new tariffs on Canada and Mexico were scheduled to go into effect, there was a huge sell-off in just about every single cryptocurrency, including market leader Bitcoin (CRYPTO: BTC). At one point, Ethereum (CRYPTO: ETH) was down as much as 25%. While many cryptos subsequently recovered after the implementation of the tariffs was put on hold, those 48 hours offer a cautionary tale for anyone thinking about investing in crypto as the tariff war heats up.
Honeywell (NASDAQ:HON) Beats Q4 Sales Targets But Full-Year Sales Guidance Misses Expectations
Industrial conglomerate Honeywell (NASDAQ:HON) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 6.9% year on year to $10.09 billion. On the other hand, the company’s full-year revenue guidance of $40.1 billion at the midpoint came in 2.8% below analysts’ estimates. Its non-GAAP profit of $2.47 per share was 6.4% above analysts’ consensus estimates.
Morning Bid: Bonds defused, stocks bounce, BoE cut expected
With tariff tensions easing a touch for now and price pressures coming off the boil, U.S. Treasury yields have plunged this week - defusing a tense January for bond markets and helping stocks find a foothold in the thick of a noisy earnings season. Although they backed up a touch early Thursday, 10-year Treasury yields have sliced below 4.5% - dropping more than 10 basis points at one point on Wednesday to their lowest of the year as January ISM service sector readings showed a surprise drop in the prices paid by businesses. Along with the prior day's news on some cooling of the labor market and this week's delays in U.S. tariff hikes on Mexico and Canada, the drop in yields came largely independently of futures thinking on Federal Reserve interest rates.
Entegris (NASDAQ:ENTG) Q4: Beats On Revenue But Quarterly Revenue Guidance Slightly Misses Expectations
Semiconductor materials supplier Entegris (NASDAQ:ENTG) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 4.6% year on year to $849.8 million. On the other hand, next quarter’s revenue guidance of $790 million was less impressive, coming in 0.6% below analysts’ estimates. Its non-GAAP profit of $0.84 per share was 7.7% above analysts’ consensus estimates.
The biggest factor that could break the stable labor market: Morning Brief
In a labor market driven by consumer-led sectors, a resurgence in inflation could be the largest looming risk to the health of the jobs picture.
Money market account rates today, February 6, 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?
The FTSE 100 is at record highs – so why is London’s stock market dying?
The FTSE 100 has started the year with a bang, hitting its second all-time high of 2025 this morning, surging past 8,700 points at the open. It had broken its previous record high just last month, closing above 8,500 points for the first time in January.