Feb 28 (Reuters) - Wells Fargo ( WFC ) is scrapping its goal of achieving net-zero emissions across its financed portfolio by 2050 as banks rethink their sustainable lending activities. The goals had relied on many factors outside our control such as public policy, consumer behavior and technological advancements that would help clients transition to greener business practices, the bank...

03:08 PM EST, 02/28/2025 (MT Newswires) -- Descartes Systems ( DSGX ) is expected to report fiscal Q4 revenue and earnings ahead of consensus estimates, supported by stable organic growth and increased contributions from acquisitions, RBC Capital Markets said in an earnings preview on Friday. The brokerage forecasts Q4 revenue of $173 million, up 17% year-over-year, slightly above consensus, and...

03:08 PM EST, 02/28/2025 (MT Newswires) -- Advance Auto Parts' ( AAP ) future direction hinges on the implementation of its transformation strategy and achieving revenue growth, UBS said in a note Friday. The investment firm expects the stock to be rangebound as the market awaits evidence of progress in the execution of the company's plan to transform itself following...

03:13 PM EST, 02/28/2025 (MT Newswires) -- Alphabet's (GOOG) Google ( GOOG ) plans to cut staff in both its human resources and cloud divisions as part of internal restructuring, CNBC reported Thursday, citing company memos. The company will offer a voluntary exit program for full-time HR employees based in the US starting in early March, the report said, citing...