Clinical research company Fortrea Holdings (NASDAQ:FTRE) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 1.8% year on year to $697 million. The company’s full-year revenue guidance of $2.5 billion at the midpoint came in 8.7% below analysts’ estimates. Its non-GAAP profit of $0.18 per share was 50.7% below analysts’ consensus estimates.
Strategy and Coinbase lead the crypto-equity rally in pre-market trading, both up double digits.
Inflation is heating up, a trade war is brewing and American consumers aren’t feeling great about the economy. That’s a toxic mix for businesses.
Prices have pulled back to the descending trendline from Jan. 16 highs.
(Bloomberg) -- Indonesia’s financial regulator will defer short-selling of stocks by investors amid heightened volatility in the nation’s equity markets.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global Stadium Race With New $4 Billion Sports ParkNJ Transit to Deploy Customer-Service Teams After Record DelaysThe nation
Money market account interest rates today are well above historical norms. Find out where to get the best MMA rates.
The world's top cryptocurrency faces unpredictable near-term headwinds.
Inflation in Europe eased to an annual 2.4% in February, supporting the case for another interest rate cut from the European Central Bank - but leaving open how far the central bank will go in lowering borrowing costs for an economy that's still struggling to show robust growth. The February figure for the 20 countries that use the euro currency was down from 2.5% in January as energy inflation dwindled and major economy France saw a rate of only 0.9%, the European Union's statistical agency Eurostat reported Monday. The lower consumer price inflation figure supports the view that the ECB is succeeding in its battle to get inflation back to its target of 2% and can focus on supporting tepid growth.
The Coral Gables, Florida-based specialty contractor’s CEO said the company is positioned to capitalize on demand for energy and telecommunications infrastructure work.
The overnight delivery offering's rollout comes as the agency prioritizes direct relationships with shippers.
