E.l.f. cuts guidance after 'soft' January, citing TikTok ban saga and LA wildfires as headwinds
CNBC· 2025-02-06 21:09
E.l.f. Beauty on Thursday cut its full-year guidance after seeing a 36% drop in profits and "softer than expected" sales trends in January, marking a rare downturn for one of beauty's hottest brands. The cosmetics company reported holiday sales that were higher than expected but profits that narrowly missed estimates, another rare miss for the retailer. Shares of E.l.f. fell roughly 18% in extended trading Thursday. Here's how E.l.f. did in its fiscal third quarter compared with what Wall Street was anticip ...
Amazon's advertising business grew 18% in the fourth quarter
CNBC· 2025-02-06 21:08
An Amazon warehouse and distribution centre in an industrial park in Montreal, Quebec, Canada, on Thursday, Sept. 1, 2022.Amazon's online advertising business logged $17.29 billion in the fourth quarter, up 18% from a year ago. Analysts polled by StreetAccount were expecting Amazon to report ad revenue of $17.4 billion.The online retail giant revealed its latest advertising sales results on Thursday as part of its fourth-quarter earnings. The company said fourth-quarter sales were $187.79 billion, which was ...
E.l.f. Beauty CEO says company is 'relieved' China tariffs are only 10%
CNBC· 2025-02-06 21:07
The CEO of E.l.f. Beauty, which manufactures about 80% of its cosmetics in China, told CNBC on Thursday that it was "relieved" the new tariff on Chinese imports is only 10%. The retailer isn't sure yet if it'll need to raise prices. "[It] seems like a weird thing to say, but we actually were somewhat relieved when it was only 10 points, because at one time the rhetoric was as high as 60% tariffs," Tarang Amin said when discussing his company's fiscal third quarter earnings results. With regard to raising pr ...
Yum! Brands Is Coming Back Strong
Seeking Alpha· 2025-02-06 21:05
We think shares of Yum! Brands, Inc. (NYSE: YUM ) are starting to look like they are set to break out. We like it near-term for a trade and for long-term investment, collecting the dividend. Despite whatLooking for more returns like this? That is what we do at BAD BEAT InvestingEnjoy more rapid-returns with our strategy to advance your savings and retirement timeline by embracing a blended trading and income approach!If you would like, you can try our service out and take 20% off right NOW through this YUM ...
Trump Media files for Bitcoin ETF as part of investment push
Proactiveinvestors NA· 2025-02-06 21:04
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
NSSC Investors Have Opportunity to Join Napco Security Technologies, Inc. Fraud Investigation with the Schall Law Firm
Prnewswire· 2025-02-06 21:04
LOS ANGELES, Feb. 6, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Napco Security Technologies, Inc. ("Napco" or "the Company") (NASDAQ: NSSC) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Napco is the subject of an article published by Investing.com on Fe ...
Terrified investors are clutching their gold as the ultimate safety blanket - Invesco's Kathy Kriskey
KITCO· 2025-02-06 21:03
Neils ChristensenNeils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada. He has worked exclusively within the financial sector since 2007, when he started with the Canadian Economic Press. Neils can be contacted at: 1 866 925 4826 ext. 1526 nchristensen at kitco.com @Neils_cShareDisclaimer: The views expressed ...
Brink's Settles Anti-Money Laundering Charges With DOJ and FinCEN
PYMNTS.com· 2025-02-06 21:01
The Brink’s Company said Thursday (Feb. 6) that its subsidiary, Brink’s Global Services USA (BGS USA), reached agreement with two U.S. agencies to resolve investigations related to cross-border currency shipments and compliance with federal money-transmitting laws.BGS USA reached a non-prosecution agreement with the Department of Justice (DOJ) and a consent order imposing civil money penalty with the Financial Crimes Enforcement Network (FinCEN), the company said in a press release.Brink’s said in the relea ...
UBER Stock Down 7.5% Despite Q4 Earnings Beat: Here's How to Play It
ZACKS· 2025-02-06 21:01
On Feb. 5, San Francisco, CA-based Uber Technologies (UBER) , which provides ride-hailing, food delivery and freight (leasing vehicles to third parties) services through its Mobility, Delivery, and Freight segments, respectively, released impressive fourth-quarter 2024 results. The top and bottom lines beat expectations and rose from the corresponding quarter of 2023. Uber’s full-year 2024 revenues grew 18% to $44 billionSee the Zacks Earnings Calendar to stay ahead of market-making news.The stock, however, ...
Honeywell Beats Q4 Earnings Estimates, Provides Spin-Off Update
ZACKS· 2025-02-06 21:01
Honeywell International Inc. (HON) reported fourth-quarter 2024 adjusted earnings of $2.47 per share, which surpassed the Zacks Consensus Estimate of $2.31. The bottom line decreased 8% year over year on an adjusted basis. On a reported basis, the company’s earnings were $1.96 per share, up 3%.Total revenues of $10.09 billion beat the consensus estimate of $9.86 billion. The top line increased 7% from the year-ago quarter, driven by strength in the Aerospace Technologies segment. Organic sales increased 2% ...