Jefferson Says Fed Can Take Its Time With Labor Market Solid
  • February 19, 2025

Jefferson Says Fed Can Take Its Time With Labor Market Solid

(Bloomberg) -- Federal Reserve Vice Chair Philip Jefferson said a strong economy allows policymakers to take their time before considering any additional cuts to interest rates.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 Amid ScrutinyHe also said healthy

Activist Boom in Japan Is Upending Long-Short Stock Strategies
  • February 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

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

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

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

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

Herbalife (NYSE:HLF) Posts Better-Than-Expected Sales In Q4, Stock Jumps 13.7%
  • February 19, 2025

Herbalife (NYSE:HLF) Posts Better-Than-Expected Sales In Q4, Stock Jumps 13.7%

Health and wellness products company Herbalife (NYSE:HLF) reported Q4 CY2024 results exceeding the market’s revenue expectations, but sales were flat year on year at $1.21 billion. On the other hand, next quarter’s revenue guidance of $1.22 billion was less impressive, coming in 4.2% below analysts’ estimates. Its non-GAAP profit of $0.36 per share was significantly above analysts’ consensus estimates.