Investing.com – MercadoLibre (NASDAQ: ) reported third quarter EPS of $7.83, $2.74 worse than the analyst estimate of $10.57. Revenue for the quarter came in at $5.31B versus the consensus estimate of $5.27B. MercadoLibre’s stock price closed at $2,117.30. It is up 12.41% in the last 3 months and up 53.13% in the last 12 months. MercadoLibre saw 3 positive EPS revisions and 2 negative EPS revisions in the last 90 days. See MercadoLibre’s stock price’s past reactions to earnings here. According to InvestingPro, MercadoLibre’s Financial Health score is “great performance”. Check out MercadoLibre’s , and MercadoLibre’s financials here. Stay…
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(Bloomberg) — SolarEdge Technologies Inc.’s shares plunged more than 20% after the solar-equipment maker took a $1 billion writedown and warned margins for the current quarter will be non-existent or even negative. Most Read from Bloomberg Third-quarter sales and per-share profit underperformed analysts’ estimates, according to a statement Wednesday. Current-quarter revenue also will fall below expectations, the company said. The shares fell 22% to $14.675 in New York, extending the year-to-date loss to 84%. Even for a historically volatile stock like SolarEdge, Wednesday’s decline was significant, representing a shift of more than two standard deviations. The company attributed the $1.03…
In 1965, Plymouth introduced the Satellite, a premium version of their redesigned Belvedere. Initially offered only in two-door styles, the Satellite quickly became their top of the line intermediate. But by 1967, they craved an even more upscale muscle car. Enter the GTX. Sharing the two-door hardtop and convertible body styles of the Satellite, the GTX boasted a key difference under the hood. Unlike the Satellite’s diverse engine options that year, the GTX came standard with Chrysler’s mightiest V8s: the 440ci RB and the legendary 426ci Hemi. 1967 Plymouth GTX for Sale: Restored “Gentleman’s Muscle Car” with Matching Numbers (volocars)…
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) celebrated the reopening today of its worldwide technical center hub office tower in Columbus (WA:), Indiana. The office tower at the Cummins Technical Center (CTC) on McKinley Avenue had been under renovation since 2021. After having been mainly untouched, except for minor cosmetic improvements and flood restoration, since its original opening in 1968, the CTC office tower now has a newly renovated interior “ allowing for enhanced collaboration and innovation.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241106834311/en/Cummins leaders and elected officials celebrate the reopening of the Cummins Technical Center with a…
Porsche introduces a driving purist’s dream to the 992.2 lineup: the all-new Carrera T. Shedding 40 kilograms (88 pounds) compared to the standard Carrera, this lightweight champion achieves the title through a combination of driver-focused features. Opting for a manual transmission with a classic walnut shifter is just the beginning. CFRP bucket seats, reduced sound insulation, and lightweight windows all contribute to the weight reduction without sacrificing performance. Porsche’s 911 Carrera T Lightweight Edition Boosts Power and Reduces Weight for True Driving Enthusiasts (Porsche) Revealing a lighter, more driver-focused variant, Porsche is shaking things up for enthusiasts seeking an invigorating…
The iconic Porsche 911 GT3, renowned for its high-revving naturally aspirated engine, faces an uncertain future due to the upcoming Euro 7 emissions regulations. To comply with these stringent standards, Porsche may have to electrify or turbocharge the GT3’s powertrain, potentially signaling the end of an era for the beloved naturally aspirated flat-six engine. The current 4.0-liter engine, introduced in the 991.1-generation GT3 RS, has been progressively refined over the years, reaching its peak power output in the 992.1-generation GT3 RS. Porsche 911 GT3’s Future in Question Amid Euro 7 Regulations: Will Electrification Replace the Iconic Engine? (Porsche) While Porsche’s…
James E. Sweeney, a director at Sound Financial Bancorp, Inc. (NASDAQ:SFBC), has recently sold shares of the company’s common stock. According to the latest SEC filing, Sweeney disposed of a total of 1,969 shares over three separate transactions on November 4th, 5th, and 6th. The sale prices ranged from $53.25 to $53.76 per share, amounting to a total transaction value of $105,567. Following these transactions, Sweeney holds 4,384 shares indirectly through a 401(k) and 13,496 shares directly. The sales were reported to have been conducted indirectly through a 401(k) plan. In other recent news, Sound Financial Bancorp, Inc. has made…
The 2024 Acura Integra Type S (ITS) is a distinctive addition to the hot hatch category, merging sporty dynamics with a touch of luxury. Sharing many mechanical similarities with its sibling, the Honda Civic Type R (CTR), the ITS features the same turbocharged 2.0-liter inline-four engine, a six-speed manual transmission, and front-wheel-drive performance enhancements like a limited-slip differential. However, the Acura’s sleeker design and more mature feel set it apart as a premium option, targeting drivers looking for a blend of thrill and refinement. Car and Driver (C/D) has begun a long-term 40,000-mile test on this model to see if…
The font entrance of the Tokyo Stock Exchange (TSE) in Tokyo, Japan, on Monday, Aug. 5, 2024.Noriko Hayashi | Bloomberg | Getty ImagesAsia-Pacific markets are set to mostly climb on Thursday, after former President Donald Trump won the White House, defeating Vice President Kamala Harris in the 2024 presidential election.NBC News projects that Trump will win at least 291 Electoral College votes, including key swing states of Pennsylvania, North Carolina and Georgia.Stocks surged in the U.S. after Trump’s win, and the same phenomenon is set to repeat itself in Asia.Japan’s Nikkei 225 is set to retake the 40,000 mark for the first time in…
Selbyville, Delaware, Nov. 07, 2024 (GLOBE NEWSWIRE) — The renewable energy carbon credit market is estimated to hit USD 90.4 billion by 2032, as reported in a research study by Global Market Insights Inc. This surge is largely attributed to stringent government regulations and policies, coupled with corporate sustainability initiatives aimed at curbing carbon emissions. Policies, such as carbon pricing, emissions trading systems (ETS), and renewable energy mandates are not just regulatory measures as they actively motivate businesses to transition to renewable energy sources. By offsetting their carbon emissions through carbon credits, these businesses are not only complying with regulations…