News
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Suncor Energy beats third-quarter profit estimates
Nov 4 (Reuters) - Canada's Suncor Energy SU.TO beat third-quarter profit estimates on Tuesday, as the integrated oil and gas firm benefited from higher production.The company reported an adjusted profit of C$1.48 per share for the quarter ended September 30, compared with the analysts' avera...Reuters
Tue, Nov 4
SSR Mining misses Q3 revenue estimates hurt by high royalty costs
OverviewSSR Mining Q3 revenue missed analyst expectations,Co beats adjusted EPS estimatesSSR Mining produced 102,673 gold equivalent ounces in Q3 2025Company expects full-year production in lower half of guidance rangeOutlookSSR Mining expects 2025 production in lower half of 410,000-480,000 oz guid...Reuters
Tue, Nov 4
Matson has paid $6.4 million in port fees to China since levies started in October
LOS ANGELES, Nov 4 (Reuters) - U.S. ocean shipping company Matson MATX.N has paid $6.4 million in port fees to China since they were implemented on October 14, CEO Matt Cox said on Tuesday.President Donald Trump and President Xi Jinping last week agreed to put those tit-for-tat levies on pause for 1...Reuters
Tue, Nov 4
Entergy, Energy Transfer sign long-term natural gas transportation deal
Nov 4 (Reuters) - Utility Entergy's ETR.N unit and pipeline firm Energy Transfer ET.N have signed a 20-year agreement to deliver natural gas to North Louisiana, the companies said on Tuesday.The U.S. is poised to see a record surge in power demand this year and in 2026, led by data centers' ...Reuters
Tue, Nov 4
Agribusiness firm Andersons Q3 adj EPS beats estimates on strength in renewables segment
OverviewAdjusted EPS for Q3 2025 beats analyst expectations, reaching $0.84Adjusted net income for Q3 2025 exceeds estimates, totaling $29 mlnAdjusted EBITDA for Q3 2025 surpasses expectations, reaching $78 mlnOutlookAndersons expects Port of Houston project completion by mid-2026Company anticipates...Reuters
Tue, Nov 4
Grocery Outlet misses Q3 sales estimates, lowers FY comparable store sales growth guidance
OverviewGrocery Outlet fiscal Q3 sales rose 5.4% to $1.17 bln, missing analyst expectationsAdjusted EPS for fiscal Q3 beat consensus, reaching $0.21Company's adjusted net income for fiscal Q3 exceeded estimates, totaling $20.7 mlnOutlookGrocery Outlet revises fiscal 2025 net sales to $4.70 bln-$...Reuters
Tue, Nov 4
Corteva posts smaller-than-expected loss in third quarter
Nov 4 (Reuters) - Corteva CTVA.N posted a smaller-than-expected loss for the third quarter on Tuesday, as the agrichemicals company benefited from strong sales across segments.The Indianapolis-based firm, which last month announced plans to separate its seeds and pesticides business, posted an adjus...Reuters
Tue, Nov 4
US to provide $24 million for Caribbean countries hit by Hurricane Melissa
By Daphne Psaledakis and Simon Lewis WASHINGTON, Nov 4 (Reuters) - The United States is providing $24 million in emergency assistance for Jamaica, Haiti, the Bahamas and Cuba after the countries were hit by Hurricane Melissa last week, the State Department said on Tuesday.The department deployed ...Reuters
Tue, Nov 4
Restaurant chain Cava cuts sales forecast again as younger diners pull back
By Anshi SanchetiNov 4 (Reuters) - Mediterranean restaurant chain Cava Group CAVA.N cut annual same-store sales growth forecast for the second time this year on Tuesday, signaling softer dining-out demand, especially from lower-income and younger customers.Shares of the Washington, D.C.-based compan...Reuters
Tue, Nov 4
Trump administration can reconsider SouthCoast Wind approval, judge rules
Nov 4 (Reuters) - A U.S. District Court judge ruled on Tuesday that U.S. President Donald Trump's Interior Department may reconsider the Biden administration's approval of the SouthCoast Wind project planned off the coast of Massachusetts.The order is a victory for the Trump administration, ...Reuters
Tue, Nov 4
CAVA Q3 revenue up 20% on new restaurant openings
OverviewCAVA fiscal Q3 revenue grows 20% yr/yr nearly misses analyst expectationsCompany opened 17 net new restaurants, increasing total count by 17.9% yr/yrCAVA restaurant-level profit margin decreased to 24.6% due to higher operating costsOutlookCAVA Group lowers full-year same restaurant sales gr...Reuters
Tue, Nov 4
Cannabis operator Jushi's Q3 revenue misses estimates
OverviewJushi Q3 2025 revenue of $65.7 mln missed analyst expectationsAdjusted EBITDA for Q3 2025 beats analyst estimates, indicating strong operational performanceGross profit margin expanded by 220 bps sequentially to 46.7%OutlookCompany plans to open new stores in Ohio and New Jersey by year-endJ...Reuters
Tue, Nov 4
ICE canola futures fall in up-down trade
WINNIPEG, Manitoba, Nov 4 (Reuters) - ICE canola futures fell on Tuesday, following gains in the previous session, as two-way trade continues to dominate the market.• January canola RSF5 settled down $7.40 at $640.10 per metric ton.• "It's been a bit volatile," said trader Tony Tryhuk of...Reuters
Tue, Nov 4
FACTBOX-Key proposed measures in Canadian federal budget
OTTAWA, Nov 4 (Reuters) - The Canadian government released its budget, the first by Prime Minister Mark Carney, on Tuesday. Here are some of the key measures it proposes. INVESTMENTSOver the next five years the government is proposing a total of C$280 billion in investments - C$115 billion...Reuters
Tue, Nov 4
Canada could eliminate oil and gas emissions cap, budget plan says
By Maria Cheng OTTAWA, Nov 4 (Reuters) - Canada could scrap a cap on oil and gas emissions if other measures like effective carbon markets, stronger regulations, carbon capture and storage technologies proved successful, the government said in a budget plan unveiled on Tuesday.The climate plan, ...Reuters
Tue, Nov 4
US Cash Grains-Corn, soy bids mixed as futures weaken
CHICAGO, Nov 4 (Reuters) - Corn and soy bids were mixed in the U.S. Midwest on Tuesday as some farmers sold their crop and futures weakened. U.S. soybean futures fell on Tuesday, retreating from a 16-month high hit a day earlier, as traders awaited Chinese purchases of U.S. cargoes following last we...Reuters
Tue, Nov 4
Brazil's Lula promises 'COP of Truth' as UN warns of dangerously high emissions
UNEP warns of 2.3-2.5°C warming despite pledgesLula criticizes lack of action on past climate dealsOver 1,000 clean projects in development globally, report showsBy Katy Daigle, Simon Jessop and Kate AbnettBELEM/SAO PAULO, Nov 4 (Reuters) - With a U.N. report warning that worldwide carbon emissions ...Reuters
Tue, Nov 4
US natural gas futures climb 2% to 7-month high on record LNG export flows
Record LNG export flows drive demandLSEG forecasts much higher gas demand next weekWaha Hub prices fall into negative territory due to pipeline constraintsGas output hits record highs, storage levels above averageMild weather forecast to limit heating demand through mid-NovemberBy Scott DiSavino ...Reuters
Tue, Nov 4
Oil settles lower on stronger dollar, fears of oversupply
By Arathy Somasekhar HOUSTON, Nov 4 (Reuters) - Oil prices settled lower on Tuesday as weaker manufacturing numbers and a stronger dollar weighed on demand, while the OPEC+ decision to pause output hikes in the first quarter of next year could signal the group's concern about a potential supp...Reuters
Tue, Nov 4
