Carter's Q4 Earnings Beat Estimates, Shares Fall on Soft EPS View
ZACKS· 2026-02-27 19:41
Key Takeaways CRI beat Q4 estimates with 7.6% sales growth, but shares slid on weak Q1 and 2026 EPS outlook.U.S. Retail, Wholesale and International sales rose, lifted by an extra week adding $37M.2026 EPS seen down low double to mid-teens as tariffs and costs pressure margins.Carter's, Inc. (CRI) reported fourth-quarter 2025 results, wherein the top and bottom lines beat the Zacks Consensus Estimate. While earnings declined from the year-ago quarter’s respective number, sales increased.Carter’s adjusted ea ...
US oil output fell in December to lowest since June 2025, EIA says
Reuters· 2026-02-27 19:41
Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv The U.S. is the world's top oil-producing nation as well as its top consumer, but analysts have been expecting output to slow in response to the decline in oil prices in recent years. U.S. West Texas Intermediate crude futures were trading near $67 on Friday, compared with about $77.50 at the same time in 2024. Total U.S. petroleum demand rose 624,000 bpd to 20.85 million bpd in December, high ...
Consolidated Unaudited Interim Report of AS PRFoods for the 2nd quarter and 6 months of 2025/2026 financial year
Globenewswire· 2026-02-27 19:38
MANAGEMENT COMMENTARYPRFoods’ second quarter of the financial year continued to take place in a challenging economic environment, characterized by weak consumption, price sensitivity, and increased cost pressure. This has particularly affected the Group’s operations in Estonia and nearby markets. At the same time, management has remained focused on core activities, cost control, and strengthening the financial structure. In the second quarter of the financial year, the Group’s revenue amounted to EUR 5.1 mi ...
Are Jack Dorsey's aggressive job cuts the start of an AI jobs apocalypse? Economists weigh in
CNBC· 2026-02-27 19:38
Core Insights - Jack Dorsey, CEO of Block, announced a significant workforce reduction of approximately 4,000 jobs, highlighting the impact of artificial intelligence on corporate operations and employment trends [1][2] Group 1: Company Actions - Block's job cuts are framed as a strategic shift rather than merely a cost-cutting measure, indicating a transition towards AI-driven business operations [2] - Dorsey anticipates that many companies will follow Block's lead in restructuring their workforce in response to AI advancements [3] Group 2: Labor Market Context - Despite the layoffs at Block, the overall job market remains stable, with a low unemployment rate of 4.3% and job openings contracting sharply [5] - The information sector, a key indicator of the tech industry, has seen a decrease in job openings but a 12% increase in software development postings, suggesting specific roles still have strong demand [6] Group 3: Economic Perspectives - Economists caution against interpreting Block's layoffs as indicative of a broader labor market trend, emphasizing that such decisions may be unique to the company [4][7] - Federal Reserve Governor Christopher Waller noted that AI is more likely to enhance productivity rather than eliminate jobs, drawing parallels to the introduction of ATMs in banking [8][9] Group 4: Future Implications - Companies are increasingly reallocating resources towards capital investments in AI, potentially leading to job disruptions as they seek to balance labor and technology [10][11]
Earnings Could Push the Stock Market Higher. Too Bad About Everything Else.
Barrons· 2026-02-27 19:38
The latest round of financial results is one bright spot that might carry stocks to new highs, despite this year's turmoil. ...
Metallic Minerals to Exhibit at PDAC 2026 in Toronto, March 1-4 (Booth 2724)
TMX Newsfile· 2026-02-27 19:36
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2026) - Metallic Minerals Corp. (TSXV: MMG) (OTCQB: MMNGF) (FSE: 9MM1) ("Metallic" or the "Company") is pleased to be attending the 2026 Prospectors & Developers Association of Canada ("PDAC") Convention in Toronto from March 1-4, 2026. The Company will be exhibiting at Booth #2724 at the Metro Toronto Convention Centre under The Metallic Group, shared with Stillwater Critical Minerals Corp. (TSXV: PGE). Management will be available to provide upd ...
NexPoint Residential Trust: 2026 Outlook Reflects Multiple Headwinds (Upgrade)
Seeking Alpha· 2026-02-27 19:36
After a lackluster performance in 2025, my hopes were that U.S. residential REITs such as NexPoint Residential Trust, Inc. ( NXRT ) would finally stage a turnaround in 2026. Alas, despite a notable decline in 10-year U.S. treasuryI ventured into investing in high school in 2011, mainly in REITs, preferred stocks, and high-yield bonds, starting a fascination with markets and the economy that has not faded despite the years. More recently I have been combining long stock positions with covered calls and cash ...
AvePoint Q4 Earnings and Revenues Beat Estimates, Sales Rise Y/Y
ZACKS· 2026-02-27 19:35
Key Takeaways AVPT beat Q4 estimates, with EPS up 350% Y/Y and revenues rising 29% to $114.7M.AvePoint's SaaS revenues jumped 37.1%, driving 27% ARR growth to $416.8M.AVPT guided for 22% year-over-year revenue growth in 2026 and up to $96.6M in non-GAAP operating income.AvePoint (AVPT) reported fourth-quarter 2025 non-GAAP earnings of 10 cents per share, which surpassed the Zacks Consensus Estimate by 11.11% and increased 350% year over year.AvePoint revenues climbed 29% year over year to $114.7 million, be ...
WBD and Paramount may have an easier time winning regulatory approval than Netflix
CNBC· 2026-02-27 19:35
In this articleNFLXWBDPSKYThe Paramount logo is displayed above an entrance to Paramount Studios on Feb. 23, 2026 in Los Angeles, California. Justin Sullivan | Getty ImagesA day after Paramount Skydance emerged as the winner to take over fellow media giant Warner Bros. Discovery, questions are mounting about the companies' regulatory path forward.The WBD board said on Thursday that Paramount's revised $31-per-share offer was superior to an existing bid from Netflix, prompting the streamer to announce that i ...
Klarna Holding AB Publishes FY25 Annual Report
Businesswire· 2026-02-27 19:35
Klarna Holding AB Publishes FY25 Annual ReportFeb 27, 2026 2:35 PM Eastern Standard Time# Klarna Holding AB Publishes FY25 Annual ReportShare---Klarna Holding AB 2025 Annual ReportSTOCKHOLM-- ([BUSINESS WIRE])--Regulatory News:Klarna Holding AB (NYSE: KLAR):Klarna Holding AB, a subsidiary of Klarna Group plc, published its 2025 Annual Report today at 8:30 PM CET. It is now available on Klarna's Investor Relations website.## Contacts[press@klarna.com]### KlarnaNYSE:KLAR---Release Versions[English]---### Cont ...