AMC Networks (NASDAQ:AMCX) Misses Q4 Revenue Estimates
  • February 14, 2025

AMC Networks (NASDAQ:AMCX) Misses Q4 Revenue Estimates

Television broadcasting and production company AMC Networks (NASDAQ:AMCX) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 11.7% year on year to $599.3 million. Its non-GAAP profit of $0.64 per share was 38.8% below analysts’ consensus estimates.

HBL, S&P Global launch Pakistan's first manufacturing PMI
  • February 14, 2025

HBL, S&P Global launch Pakistan's first manufacturing PMI

Pakistan's largest bank, HBL, and global financial information and analytics firm S&P Global have launched a new index to track the country's manufacturing sector, the companies said on Friday. Rising taxes and power tariffs have led to social unrest and hammered industries in Pakistan's $350 billion economy, as it navigates a tricky path to recovery under a $7 billion IMF program approved in September. The HBL S&P Global Purchasing Managers' Index will be a standardized economic indicator based on a survey of a diverse panel of industries.

Moderna’s (NASDAQ:MRNA) Q4 Earnings Results: Revenue In Line With Expectations But Full-Year Sales Guidance Misses Expectations Significantly
  • February 14, 2025

Moderna’s (NASDAQ:MRNA) Q4 Earnings Results: Revenue In Line With Expectations But Full-Year Sales Guidance Misses Expectations Significantly

Biotechnology company Moderna (NASDAQ:MRNA) met Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 65.6% year on year to $966 million. On the other hand, the company’s full-year revenue guidance of $2 billion at the midpoint came in 9.8% below analysts’ estimates. Its GAAP loss of $2.91 per share was 6.7% below analysts’ consensus estimates.

Cheap cigarettes will continue taking US market share, tobacco firm JTI predicts
  • February 14, 2025

Cheap cigarettes will continue taking US market share, tobacco firm JTI predicts

Japan Tobacco International expects a shift towards cheaper cigarette brands in the United States to reach more than 40% of the market by 2027, its finance chief told Reuters. U.S. smokers have been swapping out brands such as Altria's Marlboro and British American Tobacco's (BAT) Newport, which have been raising prices for years, for less expensive brands as high inflation and interest rates stretch their wallets. BAT's U.S. cigarette volumes fell 10.1% last year in part due to this shift, it reported on Thursday, while Altria has also been losing market share.

Wall St subdued as markets await tariff details
  • February 14, 2025

Wall St subdued as markets await tariff details

Wall Street's main indexes were muted on Friday, as investors awaited more clarity on U.S. President Donald Trump's reciprocal tariff plans after robust gains in the last sessions, with all three benchmarks set for weekly gains. Trump tasked his economics team on Thursday with devising plans for reciprocal tariffs on every country taxing U.S. imports, though the directive stopped short of imposing fresh tariffs. Howard Lutnick, Trump's pick for commerce secretary, said the administration would address each affected country one by one and said studies on the issue would be completed by April 1.

3 Reasons ACHC is Risky and 1 Stock to Buy Instead
  • February 13, 2025

3 Reasons ACHC is Risky and 1 Stock to Buy Instead

Shareholders of Acadia Healthcare would probably like to forget the past six months even happened. The stock dropped 43.2% and now trades at $41.25. This was partly due to its softer quarterly results and might have investors contemplating their next move.