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Parker-Hannifin Trims Outlook, But CEO Says Firm Ready To Handle Tariff Uncertainty - Parker Hannifin ( NYSE:PH )

Parker-Hannifin's sales slightly missed estimates, but adjusted EPS beat; orders saw strong 9% growth Y/Y. The company narrowed its FY25 adjusted EPS guidance and increased its quarterly dividend by 10%. Feel unsure about the market's next move?

Source: www.benzinga.com
May 02, 2025 | 04:28:55
Category: News

US Treasury Moves to Cut Off Cambodia's Huione Group From Financial System Over $4B Laundering Claims

The Financial watchdog proposed severing the Cambodian conglomerate from the U.S. banking system, citing its links to North Korea.

Source: decrypt.co
May 02, 2025 | 04:30:01
Category: News

Cardinal Health Lifts FY25 EPS Outlook, Sees Growth Despite Tariff Risks - Cardinal Health ( NYSE:CAH )

Q3 adjusted EPS rose 13% to $2.35, beating estimates; adjusted operating earnings jumped 21% to $807 million. GMPD segment profit surged 77% to $39 million, revenue rose 2% to $3.2 billion on cost cuts and volume growth. Today's manic market swings are creating the perfect setup for Matt's next ...

Source: www.benzinga.com
May 02, 2025 | 04:39:02
Category: General

US Treasury wants to cut off Huione over ties to crypto crime

The US Treasury Department wants to block the Cambodia-based Huione Group from accessing the US banking system, accusing it of helping North Korea's state-backed Lazarus Group to launder its crypto.The Treasury's Financial Crimes Enforcement Network ( FinCEN ) proposed on May 1 to prohibit US ...

Source: cointelegraph.com
May 02, 2025 | 04:39:43
Category: News

Why Did WESCO International Stock Fall On Thursday? - WESCO Intl ( NYSE:WCC )

Wesco's Q1 EPS missed estimates at $2.21, while sales beat expectations with a 70% surge in data center revenue. Gross margin slipped to 21.1% and adjusted EBITDA fell 8.7% YoY, but 2025 outlook for sales and free cash flow was reaffirmed.

Source: www.benzinga.com
May 02, 2025 | 04:52:04
Category: General

Jack Dorsey Upbeat On Block's Bitcoin Mining Chip Delivery In H2 2025, Sees 'Huge Opportunity' As China Tariffs Disruption Looms - Core Scientific ( NASDAQ:CORZ )

Jack Dorsey, CEO of Block Inc. XYZ, expressed excitement about the upcoming delivery of the firm's first Bitcoin BTC/USD mining hardware on Thursday, developed as part of its mining products suite, Proto.

Source: www.benzinga.com
May 02, 2025 | 04:57:19
Category: News

Analyst Cautions On Snap As Meta And Google Benefit From Ad Spending Shifts - Snap ( NYSE:SNAP )

Snap beats Q1 revenue estimates but misses on EPS, and analysts cut price targets amid macro headwinds and slow platform changes. Snap avoids Q2 guidance, citing advertiser pullback; DAUs and new features show growth despite ongoing challenges.

Source: www.benzinga.com
May 02, 2025 | 04:57:22
Category: News

ING posts 1Q2025 net result of €1,455 million, with strong growth in customer balances and fee income

ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank. The purpose of ING Bank is: empowering people to stay a step ahead in life and in business.

Source: www.globenewswire.com
May 02, 2025 | 04:59:00
Category: News

Statkraft submits plan to upgrade Nore power plant for 4 billion NOK

( Oslo, 2 May, 2025 ) - Statkraft is seeking a licence to upgrade the Nore hydropower plants in Nore and Uvdal in Buskerud, Norway with a 4 billion NOK budget. The new power plant will be able to deliver more electricity when needed and will thus be able to contribute to more stable prices.

Source: www.globenewswire.com
May 02, 2025 | 05:00:00
Category: News

Idorsia issues invitation to the 2025 Annual General Meeting of Shareholders

Allschwil, Switzerland - May 2, 2025Idorsia Ltd ( SIX: IDIA ) today issued the invitation to the upcoming Annual General Meeting ( AGM ) of Shareholders on behalf of the Board of Directors. The meeting to approve the Annual Report of the year ending December 31, 2024, will be held on Wednesday, ...

Source: www.globenewswire.com
May 02, 2025 | 05:00:00
Category: News

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