Freight carrier Old Dominion (NASDAQ:ODFL) reported Q4 CY2024 results topping the market’s revenue expectations, but sales fell by 7.3% year on year to $1.39 billion. Its GAAP profit of $1.23 per share was 5.9% above analysts’ consensus estimates.
Crypto ransomware payments drop 35% in 2024 amid crackdowns
Ransomware payments dropped 35% in 2024, marking the first decline in years as law enforcement crackdowns and improved victim resilience reshaped the landscape.
Reynolds (NASDAQ:REYN) Beats Q4 Sales Targets
Household products company Reynolds (NASDAQ:REYN) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 1.4% year on year to $1.02 billion. Its non-GAAP profit of $0.65 per share was 12.5% above analysts’ consensus estimates.
5 Things to Know Before the Stock Market Opens
News of the day for Feb. 5, 2025
US futures knocked by Alphabet earnings; gold strikes record
U.S. stock futures fell on Wednesday after disappointing earnings from Alphabet, while the dollar took a dive against the yen, which rallied sharply after Japanese wage data upped the chances of another rate hike. Investors shrugged off comments from President Donald Trump that the U.S. would like to take over the war-ravaged Gaza Strip and develop it economically. S&P 500 futures fell 0.5% and Nasdaq futures lost 0.9%.
Johnson Controls’s (NYSE:JCI) Q4 Sales Top Estimates, Stock Soars
Building operations company Johnson Controls (NYSE:JCI) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 4.2% year on year to $5.43 billion. Its non-GAAP profit of $0.64 per share was 8.5% above analysts’ consensus estimates.
Poland Extends Interest Rate Pause With Economy on the Mend
(Bloomberg) -- Poland’s central bank extended its period of stable interest rates into 16th month with an expected rebound in economic growth adding to Governor Adam Glapinski’s arguments against the need for cuts.Most Read from BloombergState Farm Seeks Emergency California Rate Hike After FiresTransportation Memos Favor Places With Higher Birth and Marriage RatesNYC’s Newest Transit Leader Builds a Worker-Driven StrategyNew York’s First ‘Passive House’ School Is a Model of Downtown DensitySan