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The Southern Banc Company, Inc. Announces Third Quarter Earnings

GADSDEN, Ala., May 15, 2025 (GLOBE NEWSWIRE) -- The Southern Banc Company, Inc. (OTCBB: SRNN), the holding company for The Southern Bank Company (the “Bank”), announced net income of approximately $230,000, or $0.30 per basic and $0.30 per diluted share, for the quarter ended …

EODHD | 16 May 2025

Trump Targets Billions in Energy Grants for New Round of Audits

(Bloomberg) -- President Donald Trump’s administration is deepening its review of more than $15 billion in grants and other support awarded by its predecessor for upgrading power grids and manufacturing energy technology. Most Read from Bloomberg As Coastline Erodes, One California City Considers ‘Retreat …

EODHD | 16 May 2025

5 Technology Stocks Powering S&P 500 ETF

The S&P 500 returned to positive territory in 2025, wiping out all its losses, led by technology stocks. The stunning comeback occurred just over a month after the market had tumbled to near bear market levels on April 8, courtesy of President Trump's aggressive …

EODHD | 16 May 2025

BAX Q1 Earnings Call: Revenue Tops Expectations, Margins Face Tariff and Cost Pressures

Healthcare company Baxter International (NYSE:BAX) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, with sales up 5.4% year on year to $2.63 billion. The company expects next quarter’s revenue to be around $2.82 billion, close to analysts’ estimates. Its non-GAAP profit of …

EODHD | 16 May 2025

Analysts see long-term upside in Alibaba despite earnings miss

Investing.com -- Alibaba Group Holdings’ (NYSE:BABA) latest quarterly results prompted a negative response from investors, as shares fell 7.5%, but analysts at UBS and Morgan Stanley reiterated their bullish outlooks, seeing long-term strength in the company’s core commerce and cloud businesses. The Chinese e-commerce …

EODHD | 16 May 2025

Jacobs Selected to Lead Delivery of Marinus Link Energy Project

Jacobs Solutions Inc. J has been appointed as the Integrated Delivery Partner for the Marinus Link project. The interconnector will span around 345 kilometers through undersea and underground HVDC cables between Tasmania and Victoria. The project is expected to support electricity and telecommunications transmission. …

EODHD | 16 May 2025

Alibaba Misses Forecasts on Chinese Consumer Slowdown, Competition

Cheng Xin / Getty Images Alibaba Group shares sank Thursday after the Chinese e-commerce giant reported fiscal fourth-quarter results below expectations. Key Takeaways Alibaba missed profit and sales forecasts on slowing consumer spending in China and tougher competition. The e-commerce and cloud computing giant …

EODHD | 16 May 2025

Water Quality Reports Available Online for Pennsylvania American Water Customers

MECHANICSBURG, Pa., May 15, 2025--(BUSINESS WIRE)--Pennsylvania American Water's most recent Water Quality Reports are now available for all service areas on its website at pennsylvaniaamwater.com/WQReports. The company is proud to share that once again, the drinking water provided to its 690,000 customer connections across …

EODHD | 16 May 2025

Spotify Stock Skyrockets 112% in a Year: What's Next for Investors?

Spotify Technology S.A. SPOT shares have skyrocketed 112.4% in a year, outperforming the 32.5% rally of its industry and the 12.4% rise in the Zacks S&P 500 Composite. SPOT has outperformed its streaming rivals Apple AAPL and Amazon AMZN for the same period. Apple …

EODHD | 16 May 2025

US homebuilder sentiment slides to lowest level since 2023

(Bloomberg) — Confidence among US homebuilders slumped in May to the lowest level since late 2023, as tariffs made it harder to price homes and anxious consumers dragged their feet on purchases. Most Read from Bloomberg As Coastline Erodes, One California City Considers ‘Retreat …

EODHD | 16 May 2025