Year: 2025
Chubb’s Evan Greenberg says insurer just had the best year in its history
Chubb CEO Evan Greenberg Scott Mlyn | CNBC California is a tough market for insurers — and growing more so, according to Chubb CEO Evan Greenberg. The executive has long proclaimed that Chubb won’t write insurance where it can’t get a reasonable return for taking on risk. And it’s that approach that helped it report […]
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White House rescinds federal funds freeze memo
U.S. President Donald Trump looks on as he speaks to reporters aboard Air Force One before arriving at Joint Base Andrews, Maryland, U.S., Jan. 27, 2025. Elizabeth Frantz | Reuters The White House on Wednesday formally rescinded a controversial memo that had ordered a freeze on federal grants and loans to give agencies time to […]
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We’re cutting our price target on Danaher as frustration mounts after a messy quarter
Danaher shares are under pressure Wednesday as the Club holding’s fourth-quarter earnings results came in mixed and guidance disappointed. The company long known for its operational excellence is further testing our patience. Revenue for the three months ended Dec. 31 advanced 2% year over year on a reported basis, to $6.54 billion, outpacing the LSEG […]
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Stocks making the biggest moves midday: Frontier, Trump Media, T-Mobile, Starbucks and more
Check out the companies making headlines in midday trading. F5 — Shares jumped more than 11% after the application security company posted better-than-expected guidance for the fiscal second quarter. F5 said to expect revenue to come in between $705 million and $725 million, beating the consensus forecast of $702.7 million from analysts polled by FactSet. […]
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Goldman says sell-off triggered by DeepSeek is just a correction, not the start of a bear market
Despite investors’ jitters over the debut of the DeepSeek artificial intelligence app, Goldman Sachs remains confident in the stock market. “In our view this is a correction and not the start of a sustained bear market,” chief global equity strategist Peter Oppenheimer wrote in a 16-page note to clients on Wednesday, entitled “Concentration & Correction […]
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Tesla set to report fourth-quarter earnings after the bell
André Thierig, plant manager of the Tesla Gigafactory Berlin-Brandenburg, stands at the final inspection of the production of Tesla Model Y electric vehicles. Patrick Pleul | Picture Alliance | Getty Images Tesla plans to release fourth-quarter results after the bell on Wednesday. Here’s what analysts are expecting, based on an average of estimates compiled by LSEG: […]
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Meta to report fourth-quarter earnings after the bell
Meta CEO Mark Zuckerberg appears at the Meta Connect event in Menlo Park, California, on Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta is slated to report fourth-quarter earnings on Wednesday after the close of regular trading. Here is what analysts polled by LSEG are expecting: Earnings per share: $6.77 Revenue: […]
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Trump classified documents case: DOJ drops appeal against co-defendants
Walt Nauta, personal aide to former U.S. President Donald Trump who faces charges of being Trump’s co-conspirator in the alleged mishandling of classified documents, walks with Trump during a LIV Golf Pro-Am golf tournament at the Trump National Golf Club in Sterling, Virginia, U.S. May 25, 2023. Jonathan Ernst | Reuters The Department of Justice […]
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Bank of Canada cuts rates, says tariff war could be very damaging
Tiff Macklem, governor of the Bank of Canada, during a news conference in Ottawa, Ontario, Canada, on Wednesday, Sept. 4, 2024. David Kawai | Bloomberg | Getty Images The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and warned Canadians that a tariff war […]
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Watch live: RFK Jr. testifies at Senate confirmation hearing for HHS secretary
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Robert F. Kennedy, President Donald Trump’s controversial pick to lead the Department of Health and Human Services, is testifying on Wednesday before a Senate panel that is crucial to advance […]
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