FINANCIAL PERFORMANCE

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Feb 12 2025BUSINESS

CVS Health's 2024 Financial Results: A Closer Look

CVS Health Corporation recently shared its financial performance for the final quarter and the entire year of 2024. The earnings per share (EPS) for the fourth quarter, following Generally Accepted Accounting Principles (GAAP), dropped to $1. 30 from $1. 58 the previous year. This decrease was mainl

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Feb 06 2025BUSINESS

What Did Disney Do For First Quarter?

Disney recently shared its first-quarter results. Net income rose by 5% to a whopping $24. 69 billion compared to last year. Also, there was an attempt at favorable market expectations. The bankers at LSEG expected $24. 62 billion, they missed it by about $100 million. Likewise, the adjusted earning

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Feb 01 2025FINANCE

Heavy Haulers Struggle as Economy Cools

The transportation and logistics business is still struggling in the middle of a recession. The industry is having a hard time keeping up with the demand for goods. ArcBest is trying to stay afloat by focusing on improving profitability and cutting costs. The company's fourth-quarter earnings report

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Jan 18 2025BUSINESS

Bumble's Founder Returns to Boost Growth

Bumble is shaking things up with its founder, Whitney Wolfe Herd, taking back the CEO role in March. This move comes after the dating app's shares dropped about 50% during the current CEO's tenure. The industry as a whole is facing challenges, with high inflation and a lack of new features slowing g

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Jan 10 2025BUSINESS

Macy's: Shutting Doors to Open New Opportunities

Macy's, a familiar department store, is making a bold move. They're clicking the "close" button on 66 of their stores, but this isn't a sign of trouble. Instead, it's part of a plan they shared last year. The company is choosing to pour their resources into 350 other stores spread across the country

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Jan 08 2025FINANCE

Fun Times Ahead? Investors Weigh Options

Are you thinking about investing in Six Flags, the theme park giant? A recent report by Steven Wieczynski from Stifel Nicolaus recommends buying FUN stock with a $64. 00 price target, even though it currently sits at $47. 88. Wieczynski’s track record shows he's reliable, with a 5-star rating, 14. 2

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Dec 31 2024BUSINESS

Gilat's In-Flight Connectivity Orders Hit $18 Million

Gilat, a company known for its satellite networking technology, has just bagged a significant deal worth over $18 million. This order is for their SkyEdge platforms, along with related services and Solid State Power Amplifiers. All of this is set to be delivered within the next year. Gilat’s design

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Dec 31 2024BUSINESS

PAX Global Tech Faces Big Profit Drop

PAX Global Technology, listed as HK:0327, has some bad news for its investors. The company expects its profits to take a big hit, likely dropping by 30% to 40% by the end of 2024 compared to the previous year. This news comes as a shock because of several factors. First, the global economy is creat

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Dec 20 2024HEALTH

Why Some Small Hospitals Struggle More Than Others

Ever wondered why some small hospitals face bigger financial challenges than their larger counterparts? Let's dive into the world of Critical Access Hospitals (CAHs) and other acute care hospitals to find out. CAHs, as the name suggests, are crucial for rural communities. They're small, usually wit

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Dec 03 2024BUSINESS

Why AMD Might Benefit from Intel's Leadership Change

Intel’s sudden CEO change seems to be great news for AMD. The chipmaker has been under pressure, and now, with a management shakeup, things could get even tougher for Intel. Lisa Su, AMD’s CEO, has turned the company around since 2014, making it a fierce competitor. As Intel struggles, AMD has snatc

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