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HII Q1 Earnings Call: Profit Beats Offset Revenue Miss as Shipbuilding Initiatives Progress

Aerospace and defense company Huntington Ingalls (NYSE:HII) fell short of the market’s revenue expectations in Q1 CY2025, with sales falling 2.5% year on year to $2.73 billion. Its non-GAAP profit of $3.31 per share was 17.8% above analysts’ consensus estimates. Is now the time …

EODHD | 16 May 2025

SingTel to sell $1 billion stake in Bharti Airtel via block deals, Business Standard reports

(Reuters) -Singapore Telecommunications is expected to sell shares worth $1 billion in Indian telecom major Bharti Airtel on Friday through block deals, the Business Standard newspaper reported on Thursday, citing sources. Southeast Asia's largest telecom operator, SingTel, is looking to sell 47.6 million Airtel …

EODHD | 16 May 2025

BIIB Q1 Earnings Call: New Product Growth Outpaces Declining MS Franchise Amid Lowered Guidance

Biotech company Biogen (NASDAQ:BIIB) beat Wall Street’s revenue expectations in Q1 CY2025, with sales up 6.1% year on year to $2.43 billion. Its non-GAAP profit of $3.02 per share was 1.9% above analysts’ consensus estimates. Is now the time to buy BIIB? Find out …

EODHD | 16 May 2025

CICC Expands Its Global Footprint with Official Launch of DIFC Branch

DUBAI, UAE, May 15, 2025 /PRNewswire/ -- On May 15th, 2025, China International Capital Corporation Limited ("CICC"), China's leading investment bank, officially launches its branch in Dubai International Financial Centre ("DIFC"), the leading global financial centre in the Middle East, Africa, and South Asia …

EODHD | 16 May 2025

Walmart earnings: Why it's 'one of the best-positioned retailers'

Walmart (WMT) stock is in focus after reporting mixed first quarter results — topping earnings estimates while coming slightly shy of revenue forecasts — and maintaining its full-year outlook, despite warning of tariffs causing price hikes. TD Cowen senior research analyst Oliver Chen joins …

EODHD | 16 May 2025

EXL named a Leader in 2025 Gartner® Magic Quadrant™ for Finance and Accounting Business Process Outsourcing

ExlService Holdings, Inc. NEW YORK, May 15, 2025 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a global data and AI company, has been named a Leader in the 2025 Gartner Magic Quadrant for Finance and Accounting (F&A) Business Process Outsourcing (BPO). The Gartner research report …

EODHD | 16 May 2025

Trump’s Rush to Cut AI Deals in Saudi Arabia and UAE Opens Rift With China Hawks

(Bloomberg) -- President Donald Trump’s flurry of artificial intelligence deals during his tour of the Middle East is opening a rift within his own administration as China hawks grow increasingly concerned the projects are putting US national security and economic interests at risk. Most …

EODHD | 16 May 2025

Maaden, MP Materials partner to develop Saudi rare earth supply chain

The Saudi Arabian Mining Company (Maaden) has signed a memorandum of understanding (MOU) with MP Materials, a US rare-earth materials company, to create a fully integrated, end-to-end rare earth supply chain within Saudi Arabia. This includes mining, separation, refining and magnet production, all intended …

EODHD | 16 May 2025

Prediction: PepsiCo's Dividend Yield Just Peaked at 4.4% Because the Dividend King Stock Is Too Cheap to Ignore

Key Points The beverage and snack food giant just raised its dividend for the 53rd consecutive year. Unfortunately for frustrated investors, the stock price has gone practically nowhere for five years. Pepsi’s dirt-cheap valuation and strong portfolio of brands make it a no-brainer buy …

EODHD | 16 May 2025

Kuehn Law Encourages Investors of Doximity, Inc. to Contact Law Firm

NEW YORK, May 15, 2025 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Doximity, Inc. (NYSE: DOCS) breached their fiduciary duties to shareholders. According to a federal securities lawsuit, Insiders at Doximity caused …

EODHD | 16 May 2025