Latest news for GLOBALINK INVT INC RT (OTC:GLLIR) Stock

GLOBALINK INVT INC RT

Highlights and Key Items:
<ul>
<li>Recorded full year 2024 sales volumes of 24,100 to 24,600 working interest ("WI") barrels of oil equivalent per day ("BOEPD"), at the midpoint of its guidance range of 23,500 to 25,100 WI BOEPD;
<ul>
<li>Full year 2024 sales volumes were 19,400 to 19,800 net revenue interest ("NRI") BOEPD, at the midpoint of the Company's guidance range of 18,800 to 20,300 NRI BOEPD;</li>
</ul>
</li>
<li>Generated Q4 2024 sales volumes of about 23,600 to 24,000 WI BOEPD, or 19,100 to 19,500 NRI BOEPD, both within guidance;</li>
<li>Produced between 24,550 and 25,050 WI BOEPD for full year 2024, in line with the midpoint of its full year guidance range of 24,100 to 25,400 WI BOEPD;
<ul>
<li>Full year 2024 production volumes were 19,800 to 20,200 NRI BOEPD, above the midpoint of the Company's guidance range of 19,300 to 20,600 NRI BOEPD; and</li>
</ul>
</li>
<li>Delivered Q4 2024 production of about 25,100 to 25,600 WI BOEPD, or 20,600 to 21,000 NRI BOEPD, in line with guidance.</li>
</ul>

News

VAALCO Energy Reports Record 2024 Sales Volumes Of 24,100-24,600 BOEPD, Exceeding Guidance Midpoints

New Oriental Education (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EDU#NYSE">EDU</a>) reported quarterly adjusted earnings of $0.22 per share which missed the analyst consensus estimate of $0.30 by 26.67 percent. This is a 24.14 percent decrease over earnings of $0.29 per share from the same period last year. The company reported quarterly sales of $1.04 billion which beat the analyst consensus estimate of $1.03 billion by 0.78 percent. This is a 19.37 percent increase over sales of $869.60 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

New Oriental Education & Technology Group

New Oriental Education Q2 Adj $0.22 Misses $0.30 Estimate, Sales $1.04B Beat $1.03B Estimate

The company will host a conference call to discuss feedback received from its Type C meeting on bitopertin in EPP with the U.S. Food and Drug Administration (FDA). The conference call will be held on Tuesday, January 21, at 8:00 am EST

IRON

Reported Monday, Disc Medicine Announces Conference Call To Review FDA Feedback On Bitopertin For EPP

Preliminary Full Year 2024 Results and 2025 Guidance
Based on our preliminary review of fourth quarter results, the Company expects to report full year 2024 financial results above the guidance it previously provided in its press release dated November 1, 2024, as follows:
<ul>
<li>Net Revenue of $11,200 million to $11,300 million, or 26.9% to 28.0% growth over full year 2023
<ul>
<li>Pharmacy Segment Revenue of $8,700 million to $8,750 million, or 33.4% to 34.2% growth over full year 2023</li>
<li>Provider Segment Revenue of $2,500 million to $2,550 million, or 8.5% to 10.7% growth over full year 2023; Community Living Revenue in 2024 is expected to be $1.2 billion</li>
</ul>
</li>
<li>Adjusted EBITDA2 of approximately $588 million or 15.8% growth over full year 2023, excluding the impact from a certain Quality Incentive Payment in 2023; Community Living Adjusted EBITDA in 2024 is expected to be approximately $128 million</li>
</ul>
These preliminary full year 2024 results are unaudited and subject to the finalization of the Company's regular financial and accounting procedures.
For the full year 2025, BrightSpring is initiating guidance, which excludes the Community Living business and the effects of any future closed acquisitions. All growth rates are calculated based off the midpoint of 2024 guidance, excluding the Community Living business.
<ul>
<li>Net Revenue of $11,500 million to $12,000 million, or 14.4% to 19.3% growth over full year 2024
<ul>
<li>Pharmacy Segment Revenue of $10,050 million to $10,500 million, or 15.2% to 20.3% growth over full year 2024</li>
<li>Provider Segment Revenue of $1,450 million to $1,500 million, or 8.9% to 12.7% growth over full year 2024</li>
</ul>
</li>
<li>Adjusted EBITDA2 of $540 million to $555 million, or 17.4% to 20.7% growth over full year 2024 (of approximately $460 million of expected 2024 Company Adjusted EBITDA excluding Community Living)</li>
</ul>

Guidance

BTSG

Reported Monday, BrightSpring Announced 2025 Guidance: $11.5B-$12.0B ($12.68B Est.) Revenue And $540M-$555M Adjusted EBITDA; Prelim 2024 Revenue Hits $11.2B-$11.3B ($11.175B Est.), Adjusted EBITDA At $588M

A popular cryptocurrency analyst expressed concerns over Ethereum&#8217;s (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) underwhelming performance and assessed its future prospects on Monday.
What Happened:&nbsp;In a series of X posts, Ali Martinez, known for identifying chart patterns and issuing price predictions, called Ethereum one of the &#8220;weakest&#8221; performers in the cryptocurrency market in recent days.
The concerns were not unfounded. The second-largest cryptocurrency has dropped about 2.5% in value since 2025 began, as opposed to the gains accumulated by other large-cap coins like Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>), and XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>).
Martinez noted that Ethereum&#8217;s network adoption has slowed down considerably, with the number of new ETH addresses declining by 9.32% over the past week. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> has been one of the weakest performers lately, and even <a href="https://twitter.com/VitalikButerin?ref_src=twsrc%5Etfw">@VitalikButerin</a> has decided to shake things up by changing the <a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw">#Ethereum</a> Foundation&#39;s leadership team. But is it time to give up on <a href="https://twitter.com/hashtag/ETH?src=hash&amp;ref_src=twsrc%5Etfw">#ETH</a>? Let's take a closer look &#x1f447;&#x1f9f5;
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1881338324696330747?ref_src=twsrc%5Etfw">January 20, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The analyst also noted Ethereum&#8217;s historical tendency to perform well in the first quarter. On average, the second-largest cryptocurrency gains 82% in this period, <a href="https://www.coinglass.com/today">according </a>to data from Coinglass.
The historical success possibly justified large whale accumulations totaling over a billion in the last week, Martinez stated, citing on-chain data. Additionally, roughly $2 billion worth of ETH was withdrawn from cryptocurrency exchanges over the last month, suggesting significant buying demand.
For the sentiment to flip bullish, Martinez said that ETH must break crucial resistance levels, with the $3,360–$3,450 zone acting as a major barrier. 
He also noted the formation of an inverse head and shoulders pattern, breaking from which could potentially send the coin to $7,000.
Note that the inverse head and shoulders pattern is a bullish reversal pattern, indicating exhaustion of a prolonged downturn.
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/25/01/43087038/trump-names-uyeda-acting-sec-chair-as-crypto-regulations-get-set-for-a-makeover">Trump Names Uyeda Acting SEC Chair, Regulators Get Ready For Crypto Makeover</a>
Why It Matters:&nbsp;Martinez&#8217;s observations coincided with&nbsp;<a href="https://www.benzinga.com/25/01/43088676/trump-backed-world-liberty-financial-bags-47-million-each-of-ethereum-wrapped-bitcoin-to-honor-the-new-president">World Liberty Financial&#8217;s acquisition</a>&nbsp;of $47 million worth of ETH. The President Donald Trump-backed cryptocurrency project now has total ETH holdings worth over $185 million, making it one of the largest holders of the cryptocurrency.
Meanwhile, Ethereum faltered amid a <a href="https://www.benzinga.com/25/01/43088034/bitcoin-ethereum-dogecoin-retrace-from-pre-inauguration-highs-as-trumps-address-disappoints-analyst-highlights-possibility-of-btc-consolidation-in-101k-106k-range">broader market slump</a> as President Trump made no mention of cryptocurrency in his inauguration address. 
The snub might have come as unexpected for many cryptocurrency enthusiasts since various reports building up to the swearing-in anticipated <a href="https://www.benzinga.com/25/01/43047039/trump-planning-to-declare-cryptocurrency-as-national-priority-increase-engagement-with-industry-report">major cryptocurrency reforms</a> on Day 1 of Trump&#8217;s tenure.
Price Action: At the time of writing, Ethereum was exchanging hands at $$3,251.53, down 4.56% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/25/01/43086309/trumps-doge-committee-faces-lawsuit-over-alleged-federal-advisory-violations-and-lack-of-transparency">Trump&#8217;s DOGE Committee Faces Lawsuits Over Alleged Federal Advisory Violations, Lack Of Transparency</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>
Image via Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Markets

$BTC

$ETH

$SOL

$XRP

Ethereum's 'Weak' Momentum Disappoints Top Analyst, But He Doesn't Rule Out A Rally To $7,000: Here's Why

<ul>
<li>Streamlined organization and Provider Services segment to optimize resource allocation</li>
<li>Provider Services focus on Home Health/Hospice, Personal Care, Rehabilitation Services, and Care Management strategic priorities</li>
<li>Proceeds from the sale will be used to reduce debt resulting in accelerated deleveraging while also increasing capital availability</li>
<li>Divesture expected to increase Company Revenue and EBITDA Growth Rates and Cash Conversion, as well as Provider Services Revenue and EBITDA Growth Rates and Margin1</li>
</ul>

Reported Monday, BrightSpring Sells Community Living Segment To Sevita, Initiates Streamlined Business Focus

The Board of Directors has appointed Mr Robert Long, NOVONIX Chief Financial Officer, to serve as interim CEO, effective 24 January 2025, until a permanent CEO is appointed. Mr Long will work closely with the Board to ensure a smooth transition and maintain our momentum and focus on our key strategic goals.

Nuveen California Dividend Advantage Municipal Fund 2

Reported Monday, NOVONIX's CEO Dr. Chris Burns To Step Down, CFO Robert Long Appointed Interim CEO

<figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="8" rowspan="1">Passenger Traffic, Cargo Volume and Aircraft Movements Highlights (2024 vs. 2023)</td>
<td colspan="4" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Statistics</td>
<td colspan="1" rowspan="1">Dec'24</td>
<td colspan="1" rowspan="1">Dec'23</td>
<td colspan="1" rowspan="1">% Var.</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">FY'24</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="2" rowspan="1">FY'23</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">% Var.</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Domestic Passengers (thousands)</td>
<td colspan="1" rowspan="1">3,772</td>
<td colspan="1" rowspan="1">3,854</td>
<td colspan="1" rowspan="1">-2.1%</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">40,996</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="2" rowspan="1">45,679</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">-10.3%</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">International Passengers (thousands)</td>
<td colspan="1" rowspan="1">2,554</td>
<td colspan="1" rowspan="1">2,293</td>
<td colspan="1" rowspan="1">11.4%</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">30,758</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="2" rowspan="1">28,362</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">8.4%</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Transit Passengers (thousands)</td>
<td colspan="1" rowspan="1">639</td>
<td colspan="1" rowspan="1">600</td>
<td colspan="1" rowspan="1">6.4%</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">7,227</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="2" rowspan="1">7,106</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">1.7%</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Total Passengers (thousands)1</td>
<td colspan="1" rowspan="1">6,965</td>
<td colspan="1" rowspan="1">6,747</td>
<td colspan="1" rowspan="1">3.2%</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">78,981</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="2" rowspan="1">81,147</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">-2.7%</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Cargo Volume (thousand tons)</td>
<td colspan="1" rowspan="1">39.5</td>
<td colspan="1" rowspan="1">36.1</td>
<td colspan="1" rowspan="1">9.3%</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">398.0</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="2" rowspan="1">370.2</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">7.5%</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Total Aircraft Movements (thousands)</td>
<td colspan="1" rowspan="1">73.3</td>
<td colspan="1" rowspan="1">71.5</td>
<td colspan="1" rowspan="1">2.5%</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">823.7</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="2" rowspan="1">849.5</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">-3.0%</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
</tbody>
</table>
</figure><figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="1" rowspan="1">1 Excluding Natal for comparison purposes, total passenger traffic was up 6.6% in December and down 0.4% for FY 2024.</td>
</tr>
</tbody>
</table>
</figure>
Passenger Traffic Overview
Total passenger traffic increased by 3.2% in December compared to the same month in 2023, or by 6.6% when adjusted for the discontinuation of operations at Natal Airport. Domestic passenger traffic decreased by 2.1% year-over-year but increased by 3.3% when excluding Natal. This growth was primarily driven by strong performance in Italy and a recovery in domestic traffic in Argentina. International traffic increased by 11.4%, mainly driven by growth in Argentina and Italy.

CAAP

Reported Monday, Corporación América Airports S.A. Reported December 2024 Passenger Traffic: Total Passenger Traffic Down 3.2% YoY, Or Up 6.6% YoY Ex-Natal; International Passenger Traffic Up 11.4% YoY

Headquartered in North Hollywood, California, Cryo-Mach is a specialized designer and manufacturer of mission-critical cryogenic centrifugal pumps, mechanical seals, and accessories. Cryo-Mach's products will expand Dover's participation in cryogenic applications, such as liquified oxygen, argon, and nitrogen, and allows further participation in the industrial gas and transportation markets. The acquisition also expands PSG's core portfolio with cryogenic centrifugal pump technology while further diversifying PSG within the cryogenic end market.

Reported Monday, Dover Expands Cryogenic Capabilities With Acquisition Of Cryogenic Machinery Corp.

The one-year VLA1553-321 data showed that a single-dose vaccination induced a high, sustained immune response in an immunogenicity subset of participants who were CHIKV negative at baseline, with a seroresponse rate of 98.3% (232 out of 236 participants) one year after vaccination (Day 360) compared to 99.1% (232 out of 234 participants) after six month3 (Day 180) and 98.8% (248 out of 251 participants) 28 days4,5 after vaccination. The results complement the long-term persistence data previously reported for adults6, confirming a strong and long-lasting antibody response to the vaccine.

VALN

Reported Monday, Valneva Reports 98.3% Seroresponse One Year After Single Chikungunya Vaccine In Adolescents

CLRO

Reported Monday, ClearOne Launches Versa 120D For Hybrid Meeting Excellence With Dante And USB-C Integration

AAOI

Reported Monday, CIG USA Seeks Patent Review In Legal Battle With Applied Optoelectronic

VZLA

Reported Monday, Vizsla Silver Resumes Limited Operations At Panuco Silver-Gold Project

Reported Monday, Pyramid Consulting Teams Up With Dynatrace To Deliver Unified Observability And Automation Solutions

Reported Monday, Quantum-Si To Present Next-Generation Protein Sequencing At Festival Of Genomics UK

Positive Reimbursement&nbsp;Recommendations&nbsp;by Canada's Drug Agency and Institut National d'excellence en Santé et Services Sociaux
Positive Reimbursement&nbsp;Recommendations&nbsp;by Canada's Drug Agency and Institut National d'excellence en Santé et Services Sociaux

Reported Monday, Takeda's FRUZAQLA (fruquintinib) Receives Health Canada Approval For Metastatic Colorectal Cancer

<h3>Companies Reporting Before The Bell</h3>
• 3M (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>) is estimated to report quarterly earnings at $1.66 per share on revenue of $5.78 billion. 
• United Microelectronics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UMC#NYSE">UMC</a>) is projected to report quarterly earnings at $0.15 per share on revenue of $1.87 billion. 
• Complete Solaria (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSLR#NASDAQ">CSLR</a>) is expected to report quarterly loss at $0.21 per share on revenue of $76.50 million. 
• Old National (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONB#NASDAQ">ONB</a>) is estimated to report quarterly earnings at $0.46 per share on revenue of $485.57 million. 
• Fifth Third Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FITB#NASDAQ">FITB</a>) is projected to report quarterly earnings at $0.88 per share on revenue of $2.21 billion. 
• FB Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FBK#NYSE">FBK</a>) is estimated to report quarterly earnings at $0.83 per share on revenue of $131.14 million. 
• KeyCorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KEY#NYSE">KEY</a>) is projected to report quarterly earnings at $0.32 per share on revenue of $1.75 billion. 
• Mercantile Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBWM#NASDAQ">MBWM</a>) is projected to report quarterly earnings at $1.14 per share on revenue of $57.33 million. 
• Prologis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>) is projected to report quarterly earnings at $1.38 per share on revenue of $1.94 billion. 
• Guaranty Bancshares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNTY#NYSE">GNTY</a>) is expected to report quarterly earnings at $0.61 per share on revenue of $29.49 million. 
• Charles Schwab (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>) is likely to report quarterly earnings at $0.89 per share on revenue of $5.13 billion. 
• Peoples Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEBO#NASDAQ">PEBO</a>) is estimated to report quarterly earnings at $0.75 per share on revenue of $109.93 million. 
• Forestar Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOR#NYSE">FOR</a>) is estimated to report quarterly earnings at $0.70 per share on revenue of $328.44 million. 
• New Oriental Education (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EDU#NYSE">EDU</a>) is expected to report quarterly earnings at $0.33 per share on revenue of $1.06 billion. 
• Community Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBU#NYSE">CBU</a>) is projected to report quarterly earnings at $0.89 per share on revenue of $192.78 million. 
• D.R. Horton (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHI#NYSE">DHI</a>) is estimated to report quarterly earnings at $2.39 per share on revenue of $7.12 billion. 
<h3>Companies Reporting After The Bell</h3>
• Zions Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZION#NASDAQ">ZION</a>) is estimated to report quarterly earnings at $1.26 per share on revenue of $787.50 million. 
• United Airlines Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) is expected to report quarterly earnings at $3.01 per share on revenue of $14.34 billion. 
• SmartFinancial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMBK#NYSE">SMBK</a>) is projected to report quarterly earnings at $0.50 per share on revenue of $44.37 million. 
• Simmons First Ntl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFNC#NASDAQ">SFNC</a>) is likely to report quarterly earnings at $0.35 per share on revenue of $208.67 million. 
• Netflix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) is likely to report quarterly earnings at $4.20 per share on revenue of $10.13 billion. 
• Trustco Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRST#NASDAQ">TRST</a>) is likely to report earnings for its fourth quarter. 
• Progress Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRGS#NASDAQ">PRGS</a>) is likely to report quarterly earnings at $1.22 per share on revenue of $211.34 million. 
• Interactive Brokers Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBKR#NASDAQ">IBKR</a>) is projected to report quarterly earnings at $1.82 per share on revenue of $1.37 billion. 
• Hancock Whitney (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HWC#NASDAQ">HWC</a>) is likely to report quarterly earnings at $1.28 per share on revenue of $365.13 million. 
• Pinnacle Finl Partners (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PNFP#NASDAQ">PNFP</a>) is expected to report quarterly earnings at $1.78 per share on revenue of $470.83 million. 
• Agilysys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGYS#NASDAQ">AGYS</a>) is estimated to report quarterly earnings at $0.34 per share on revenue of $73.15 million. 
• Seagate Tech Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STX#NASDAQ">STX</a>) is expected to report quarterly earnings at $1.87 per share on revenue of $2.32 billion. 
• Pathward Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CASH#NASDAQ">CASH</a>) is expected to report quarterly earnings at $1.24 per share on revenue of $171.35 million. 
• Fulton Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FULT#NASDAQ">FULT</a>) is projected to report quarterly earnings at $0.42 per share on revenue of $315.73 million. 
• Great Southern Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSBC#NASDAQ">GSBC</a>) is expected to report quarterly earnings at $1.32 per share on revenue of $55.33 million. 
• Wintrust Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WTFC#NASDAQ">WTFC</a>) is projected to report quarterly earnings at $2.49 per share on revenue of $632.53 million. 
• Capital One Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COF#NYSE">COF</a>) is projected to report quarterly earnings at $2.71 per share on revenue of $10.21 billion. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AGYS

CASH

CSLR

FITB

FULT

GNTY

GSBC

IBKR

MBWM

NFLX

PEBO

PNFP

PRGS

SCHW

SFNC

SMBK

TRST

WTFC

ZION

Earnings Scheduled For January 21, 2025

UHAL

Reported Monday, U-Haul Adds Climate-Controlled Storage Units In Marietta With New Two-Story Facility

Customers in the U.S. looking to purchase an electric vehicle can get a $7500 federal EV tax credit for several models including from Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), and more. However, President Donald Trump on Monday said that his administration would consider ending tax credits, impacting the purchase price for eligible customers.
Vehicles That Qualify: The various Tesla electric vehicles eligible for $7,500 include select trims of the Cybertruck, Model 3, Model X, and Model Y. Other brand vehicles that qualify include the Kia EV9 and selected trims of the F-150 Lightning truck.
The only Plug-in Hybrid that qualifies for the credit is the Chrysler Pacifica PHEV.
The list of vehicles that qualify for the tax credit right now is as follows:
<ul>
<li>Acura ZDX</li>
<li>Cadillac Lyriq (Luxury and Sport Models)</li>
<li>Cadillac Optiq</li>
<li>Chevrolet Blazer EV (LT, RS, and SS Models)</li>
<li>Chevrolet Equinox EV (LT and RS Models)</li>
<li>Chevrolet Silverado EV (LT Model)</li>
<li>Ford F-150 Lightning (Flash, Lariat and XLT Trims)</li>
<li>Honda Prologue</li>
<li>Jeep Wagoneer S</li>
<li>Kia EV6</li>
<li>Kia EV9</li>
<li>Tesla Cybertruck (Single Motor and Dual Motor)</li>
<li>Tesla Model 3 (Long Range AWD, Long Range RWD, Performance variants)</li>
<li>Tesla Model X (AWD Variant)</li>
<li>Tesla Model Y (Long Range AWD, Long Range RWD, Performance variants)</li>
<li>Chrysler Pacifica PHEV</li>
</ul>
Trump&#8217;s Take On EV Tax Credits: In November, Reuters reported that Donald Trump‘s transition team plans to kill the $7,500 tax credit available on EV purchases. On Monday, after his inauguration, Trump himself said his administration would consider ending EV tax credits.
&#8220;The Republicans have a very small majority in the House, which could make it hard for the party to pass legislation of any kind,&#8221; The Future Fund Managing Partner Gary Black said about a possible repeal of the tax credit on Monday. &#8220;Another wild card is Elon Musk, with $TSLA accounting for nearly half of all EVs sold in the country. With Elon Musk close to the president, it is important to know how he will seek to shape changes to the tax credit. Other auto executives have also been lobbying Mr. Trump against a repeal of the credit. Among them is Ford's executive chairman, William C. Ford Jr., who recently spoke to the president-elect.&#8221;
However, Tesla CEO Elon Musk, a close Trump ally, has previously supported scrapping of the tax credit. 
"In my view, we should end all government subsidies, including those for EVs, oil and gas," Musk said in November.
During Tesla&#8217;s second-quarter earnings in late July, Musk also said that the impact of the elimination of subsidies&nbsp;<a href="https://www.benzinga.com/news/24/07/39934750/trump-presidency-and-ira-cut-would-be-devastating-for-competitors-says-elon-musk-long-term-probably" target="_blank" rel="noreferrer noopener">would only be slight for Tesla</a>&nbsp;but devastating for its competitors. The elimination of EV subsidies would probably help Tesla in the long term, he added.
However, not all are in agreement. Tesla researcher Troy Teslike has previously said that the loss of tax credit will only make Tesla<a href="https://www.benzinga.com/24/12/42641207/researcher-says-cancelation-of-7500-ev-tax-credit-could-impact-teslas-deliveries-despite-ceo-elon-musk-claiming-otherwise" target="_blank" rel="noreferrer noopener">&nbsp;lose its market to gas cars</a>&nbsp;from luxury car brands.
Trump, on Monday also revoked a 2021 executive order signed by former President Joe Biden that sought to ensure that 50% of new vehicles sold in the U.S. by 2020 are electric.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/01/43080738/nhtsa-opens-probe-into-about-878000-gm-gas-vehicles-days-after-closing-investigation-into-its-cruise-avs" target="_blank" rel="noreferrer noopener">NHTSA Opens Probe Into Nearly 878,000 GM Vehicles Over Engine Failure Concerns Days After Closing Investigation Into Its Cruise AVs</a></li>
</ul>
Photo courtesy: Shutterstock

Tech

TSLA

Here Are The EVs Which Could Lose $7,500 EV Tax Credit Under Trump Administration

Amcon Distributing (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/DIT#AMEX">DIT</a>) reported quarterly earnings of $0.57 per share. This is a 67.98 percent decrease over earnings of $1.78 per share from the same period last year. The company reported $711.27 million in sales this quarter. This is a 10.28 percent increase over sales of $644.96 million the same period last year.

Reported Monday, Amcon Distributing Q1 EPS $0.57 Down From $1.78 YoY, Sales $711.27M Up From $644.96M YoY

Press Releases

Globalink Investment Inc. Announces Extension of the Deadline to Complete a Business Combination to June 9, 2024

Globalink Investment Inc. Announces Extension of the Deadline to Complete a Business Combination to July 9, 2024

Globalink Investment Inc. Announces Extension of the Deadline to Complete a Business Combination to August 9, 2024

Globalink Investment Inc. Announces Extension of the Deadline to Complete a Business Combination to September 9, 2024

Globalink Investment Inc. Announces Extension of the Deadline to Complete a Business Combination to October 9, 2024

Globalink Investment Inc. Announces Extension of the Deadline to Complete a Business Combination to November 9, 2024

Globalink Investment Inc. Announces Extension of the Deadline to Complete a Business Combination to December 9, 2024

Globalink Investment Inc. Announces Charter and Trust Agreement Amendments

Globalink Investment Inc. Announces Extension of the Deadline to Complete a Business Combination to January 9, 2025

Globalink Investment Inc. Announces Extension of the Deadline to Complete a Business Combination to February 9, 2025

GLLI

GLLIR

GLLIU

GLLIW

Comments

GLOBALINK INVT INC RT

News

Latest news for GLOBALINK INVT INC RT (OTC:GLLIR) Stock

Popular Channels

Tools & Features

Partners & Contributors

About Benzinga