We See Near-Term Challenges Ahead for Snap-on but Remain Positive on Long-Term Prospects
Despite recent weakness, we think that, in the longer term, Snap-on will benefit from solid auto repair demand. We believe steadily aging vehicles, a growing fleet size, and increasing vehicle ...
Australian Dollar strengthens as concerns over US-China trade tensions ease
Australia's trade surplus fell to 5,085M in December, missing the expected 7,000M and down from the previous surplus of 6,792M. Exports increased by 1.1% MoM, slowing from November's 4.2% rise, while ...
Japanese Yen moves away from near two-month top against USD; downside seems limited
The Japanese Yen touched a nearly two-month high against the US Dollar on Friday. Repositioning ahead of the US NFP triggers ...
Prairie Grove water customers under boil order after water main break
Some Prairie Grove water customers are under a boil order after a water main break on Feb. 6. The city's director of public ...
Fortinet outlines 13% 2025 revenue growth target driven by SASE and SecOps momentum
Q4 2024 Management View CEO Ken Xie highlighted Fortinet's strong Q4 2024 performance, noting a 17% total revenue growth and a record operating margin of 39%. Product revenue saw an 18% increase, the ...