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Air Products Slashes 2025 EPS Outlook, Incurs Big Exit Charges
Air Products Slashes 2025 EPS Outlook, Incurs Big Exit Charges
May 25, 2025
Air Products & Chemicals Inc. shares slipped in early Thursday trading after the company reported weaker-than-expected second-quarter 2025 results. The company reported sales of $2.916 billion, a slight decline of 0.5% year over year. It missed the consensus of $2.93 billion. Quarterly sales were flat, as gains from energy costs and pricing were offset by lower volumes and currency impacts....
Builders Q1 Sales Slumps, Lowers FY25 Outlook, Cites Housing Market Weakness
Builders Q1 Sales Slumps, Lowers FY25 Outlook, Cites Housing Market Weakness
May 25, 2025
Shares of Builders FirstSource, Inc ( BLDR ).are trading lower premarket on Thursday after reporting first-quarter FY25 earnings results. The company reported a sales decline of 6.0% year-on-year (Y/Y) to $3.66 billion, which is in line with the consensus. The decrease in sales was primarily due to lower core organic sales, fewer selling days, and commodity deflation. Core organic net sales decreased by 8.1% (Y/Y), with a decline of...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Pinnacle West Capital Swings to Q1 Net Loss, Operating Revenue Rises; 2025 EPS Outlook Maintained
Pinnacle West Capital Swings to Q1 Net Loss, Operating Revenue Rises; 2025 EPS Outlook Maintained
May 25, 2025
08:56 AM EDT, 05/01/2025 (MT Newswires) -- Pinnacle West Capital ( PNW ) reported a Q1 net loss Thursday of $0.04 per diluted share, compared with earnings per share of $0.15 a year earlier. Two analysts polled by FactSet expected a loss of $0.01. Operating revenue for the quarter ended March 31 was $1.03 billion, up from $951.7 million a...
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