Trump’s Trade Wars May Slow the Growth of Carbon Markets in Asia
  • February 11, 2025

Trump’s Trade Wars May Slow the Growth of Carbon Markets in Asia

(Bloomberg) -- President Donald Trump’s tariff measures may slow the adoption and expansion of carbon markets in the Asia-Pacific region, which accounts for three-fifths of global emissions and has been a key driver of growth in trading. Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeThe Forgotten French Architect Who Rebuilt MarseilleSin puente y sin metro: el nuevo aeropuerto de Lima es una

Australia Is ‘Killing’ US Aluminum Market, Trump Adviser Says
  • February 11, 2025

Australia Is ‘Killing’ US Aluminum Market, Trump Adviser Says

(Bloomberg) -- Supply Lines is a daily newsletter that tracks global trade. Sign up here.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperAustralia is “killing” the US aluminum market, a senior trade adviser to President Donald Tr

China Quants Rebound on Stocks Rally as Investors Woo New Stars
  • February 11, 2025

China Quants Rebound on Stocks Rally as Investors Woo New Stars

(Bloomberg) -- Chinese quantitative hedge funds saw a strong rebound in the final quarter of 2024, saving the industry from an otherwise bruising year marked by record drawdowns and regulatory clampdown.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Do

BlackLine (NASDAQ:BL) Surprises With Q4 Sales But Stock Drops 13.6%
  • February 11, 2025

BlackLine (NASDAQ:BL) Surprises With Q4 Sales But Stock Drops 13.6%

Accounting automation software maker Blackline (NASDAQ:BL) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 8.8% year on year to $169.5 million. On the other hand, next quarter’s revenue guidance of $167 million was less impressive, coming in 2.1% below analysts’ estimates. Its non-GAAP profit of $0.47 per share was 6.4% below analysts’ consensus estimates.

Monarch (NASDAQ:MCRI) Reports Strong Q4
  • February 11, 2025

Monarch (NASDAQ:MCRI) Reports Strong Q4

Luxury casino and resort operator Monarch (NASDAQ:MCRI) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 4.9% year on year to $134.5 million. Its GAAP profit of $1.36 per share was 19.4% above analysts’ consensus estimates.

Allison Transmission (NYSE:ALSN) Beats Q4 Sales Targets But Stock Drops
  • February 11, 2025

Allison Transmission (NYSE:ALSN) Beats Q4 Sales Targets But Stock Drops

Transmission provider Allison Transmission (NYSE:ALSN) announced better-than-expected revenue in Q4 CY2024, with sales up 2.7% year on year to $796 million. On the other hand, the company’s full-year revenue guidance of $3.25 billion at the midpoint came in 3.7% below analysts’ estimates. Its GAAP profit of $2.01 per share was 5.4% above analysts’ consensus estimates.