BOGOTA, Colombia, Feb. 5, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that on February 5, 2025, it successfully completed the transaction with Repsol Colombia Oil & Gas Limited ("Repsol")  to acquire the remaining 45% of its participation in the CPO-09 Block, for an amount of 452 million USD, making it the holder of 100% of the participation interest in the block, a strategic asset in the Piedemonte Llanero This transaction is the result of the exercise of the right of first refus ...

Wednesday, February 5, 2025Market indexes put in a fine showing at the closing bell today, climbing in the final minutes of trading across major indexes and ending the day at or near session highs. The Dow gathered an impressive +317 points today, +0.71%, while the S&P 500 and tech-heavy Nasdaq were up +0.39% and +0.19%, respectively. The small-cap Russell 2000 beat the rest of the field, +1.14% for the trading day.Ultimately, it was a mixed bag of economic data throughout today: ADP (ADP) private-sector pa ...

Omega Healthcare Investors (OHI) came out with quarterly funds from operations (FFO) of $0.74 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to FFO of $0.68 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 1.37%. A quarter ago, it was expected that this health care real estate investment trust would post FFO of $0.71 per share when it actually produced FFO of $0.74, delivering a surprise of 4.23%.O ...

Horace Mann (HMN) came out with quarterly earnings of $1.62 per share, beating the Zacks Consensus Estimate of $0.99 per share. This compares to earnings of $0.84 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 63.64%. A quarter ago, it was expected that this provider of auto and homeowners' insurance for teachers and other educators would post earnings of $0.76 per share when it actually produced earnings of $0.76, delivering ...

SiTime reports a strong financial performance for the fourth quarter of 2024, surpassing analyst expectations in revenue and earnings.SiTime (SITM 3.91%), a leader in MEMS-based precision timing solutions, released its fourth-quarter results on February 5, 2025.The company reported a significant increase in both revenue and earnings per share, surpassing analyst expectations for the quarter. Revenue reached $68.1 million, a substantial rise from the $64 million estimated, reflecting a 61% increase compared ...

RMR Group (RMR) came out with quarterly earnings of $0.35 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.49 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this real estate management services provider would post earnings of $0.38 per share when it actually produced earnings of $0.34, delivering a surprise of -10.53%.Over the last four quarters, the company has not been able to surpass consensus EPS estimates ...

Rayonier (RYN) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 42.11%. A quarter ago, it was expected that this forest products company would post earnings of $0.13 per share when it actually produced earnings of $0.12, delivering a surprise of -7.69%.Over the last four quarters, the ...

Impinj (PI) came out with quarterly earnings of $0.48 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.13%. A quarter ago, it was expected that this provider of radio frequency identification products would post earnings of $0.47 per share when it actually produced earnings of $0.56, delivering a surprise of 19.15%.Over the ...

Sangoma Technologies Corporation (SANG) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to loss of $0.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -100%. A quarter ago, it was expected that this company would post a loss of $0.05 per share when it actually produced a loss of $0.06, delivering a surprise of -20%.Over the last four quarters, the compan ...

Core Insights - The revocation of the de minimis tax exemption by President Trump has prompted Temu to shift its strategy towards promoting products stored in U.S. warehouses to mitigate the impact of new tariffs [2][4]. Group 1: Impact of De Minimis Revocation - The de minimis exception, allowing duty-free import of goods valued under $800, has been crucial for e-commerce companies like Temu and Shein, enabling them to maintain low prices [2][3]. - The suspension of this exemption is part of a broader tariff strategy that includes an additional 10% tax on Chinese goods, affecting the cost structure for companies relying on low-value shipments [2][3]. Group 2: Strategic Shift by Temu - In response to the tariff changes, Temu has increased the visibility of products available from local U.S. inventory, particularly in its "Lightning deals" section, which is now predominantly featuring items with a "local" badge [4]. - This strategy not only ensures faster delivery to customers but also reduces reliance on direct shipments from China, although many local listings still indicate that the sellers are based in China [5].