News
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Granite REIT Q2 revenue misses estimates
OverviewGranite Q2 revenue misses analyst expectations, per LSEG dataNet operating income rises to C$123.4 mln, driven by rent adjustmentsOutlookGranite forecasts 2025 FFO per unit to rise 6% to 9% over 2024Company expects 2025 AFFO per unit to increase 1% to 4%Result DriversRENT ADJUSTMENTS - Incre...Reuters
Wed, Aug 6
GBP/USD extends bullish rebound ahead of expected BoE rate cut
GBP/USD caught a much-needed lift on Wednesday, rising back above 1.3350 as bullish momentum claws back chart paper following last week’s one-sided plunge into 15-week lows near 1.3140. The Bank of England (BoE) is on the board for Thursday, poised to deliver a 25 bps interest rate cut.
Fxstreet
Wed, Aug 6
Kronos Worldwide Q2 sales miss expectations
OverviewKronos Worldwide Q2 net loss of $9.2 mln vs net income last yearThe producer of titanium dioxide pigments posts Q2 sales of $494.4 mln, missing street view, per LSEG dataSegment profit decreased due to lower production volumes and currency fluctuationsOutlookCompany cites global uncertainty ...Reuters
Wed, Aug 6
US jury deadlocks on Tornado Cash founder's money laundering charge
Jury finds Storm guilty of unlicensed money transmittingStorm faces up to five years in prisonSanctions on Tornado Cash lifted in MarchBy Luc Cohen NEW YORK, Aug 6 (Reuters) - A U.S. jury deadlocked on Wednesday on money laundering and sanctions evasion charges against the founder of Tornado Cash...Reuters
Wed, Aug 6
Nutritional products maker Herbalife's beats Q2 adjusted EPS estimates, raises full-year guidance
OverviewHerbalife Q2 net sales of $1.3 bln down 1.7% yr/yr, flat in constant currencyAdjusted EBITDA of $173.6 mln exceeds company guidance, adjusted EPS beats market estimatesCo raises full-year net sales and adjusted EBITDA guidanceOutlookHerbalife raises full-year 2025 net sales growth guidance t...Reuters
Wed, Aug 6
Canada's Element Fleet Q2 revenue beats expectations
OverviewElement Fleet Q2 2025 net revenue grows 6% yr/yr, beating analyst expectationsAdjusted EPS meets analyst expectations, reflecting stable performanceCo repurchased 3.1 mln shares, indicating commitment to shareholder valueResult DriversREVENUE GROWTH - Net revenue increased 6% yr/yr, driven b...Reuters
Wed, Aug 6
Canada's Savaria beats Q2 adjusted EPS estimates
OverviewSavaria Q2 revenue up 2.4% yr/yr, missed analyst expectations, per LSEG dataAdjusted EPS for Q2 beats consensus, reflecting improved operational performanceAdjusted EBITDA for Q2 exceeds estimates, indicating strong financial healthOutlookSavaria forecasts 2025 revenue of about C$925 mln, ad...Reuters
Wed, Aug 6
Salesforce-acquired Informatica's Q2 revenue beats estimates
OverviewInformatica Q2 revenue rises 1.7% yr/yr, beating analyst expectationsNet loss of $4.65 mln misses analyst estimates, per LSEG dataAdjusted operating income of $109.4 mln beats analyst expectationsOutlookInformatica will not provide financial guidance due to pending Salesforce acquisitionResu...Reuters
Wed, Aug 6
Airbnb forecasts quarterly revenue above estimates; plans $6 billion share buyback
Aug 6 (Reuters) - Vacation rentals company Airbnb ABNB.O forecast third-quarter revenue above Wall Street estimates on Wednesday and announced a new share repurchase program worth $6 billion.Growth of nights booked in the U.S. accelerated each month throughout the quarter ended June, driven by domes...Reuters
Wed, Aug 6
FOREX-Dollar falls as traders bet on more rate cuts
Dollar resumes fall on rate cut expectationsTraders focused on nominations for next Fed ChairBank of England expected to cut rates on ThursdayBy Karen Brettell NEW YORK, Aug 6 (Reuters) - The dollar dropped on Wednesday and the euro hit a one-week high as traders bet that the Federal Reserve will...Reuters
Wed, Aug 6
Brazil's July trade surplus narrows 6.3% as imports outpace exports
BRASILIA, Aug 6 (Reuters) - Brazil posted a trade surplus of $7.1 billion in July, down 6.3% from a year earlier, as imports grew at a faster pace than exports, official data showed on Wednesday. Exports rose 4.8% to $32.3 billion, while imports jumped 8.4% to $25.2 billion, driven by stron...Reuters
Wed, Aug 6
Brazil files WTO request for consultation over US tariffs
BRASILIA, Aug 6 (Reuters) - Brazil's government has filed a request for consultations at the World Trade Organization over the tariffs imposed by the United States on goods from that country, it said in a statement on Wednesday. President Donald Trump slapped a 50% tariff on U.S. imports from Br...Reuters
Wed, Aug 6
CANADA FX DEBT-Canadian dollar touches an eight-day high as risk appetite improves
Canadian dollar gains 0.2% against US currencyTouches its strongest since July 29 at 1.3740Services PMI rises to 49.3 in JulyTen-year yield extends rebound from a four-week lowBy Fergal Smith TORONTO, Aug 6 (Reuters) - The Canadian dollar strengthened to an eight-day high against its U.S. counter...Reuters
Wed, Aug 6
US jury deadlocks on Tornado Cash founder's money laundering charge
By Luc Cohen NEW YORK, August 6 (Reuters) - A U.S. jury deadlocked on Wednesday on money laundering and sanctions evasion charges against the founder of Tornado Cash, a firm that makes cryptocurrency transactions harder to track.The jury in Manhattan federal court could not reach a verdict on cha...Reuters
Wed, Aug 6
GBP/USD climbs to 1.3340 ahead of BoE meeting Fed speaker blitz
The GBP/USD climbs solidly during the North American session, up by 0.37% ahead of the Bank of England’s (BoE) meeting and as traders digest the recent Nonfarm Payroll figures, and over the weekend developments, that opened a spot for US President Trump to nominate a Fed Governor.Fxstreet
Wed, Aug 6
Associated Capital Q2 net income triples, sets share buyback plan
OverviewAssociated Capital Q2 net income rises sharply to $18.6 mln from $3.0 mlnAssets under management increased to $1.34 bln at June 30, 2025Board authorizes repurchase of up to 150,000 additional sharesOutlookCompany expects vibrant M&A activity for the rest of the year, helping merger arbit...Reuters
Wed, Aug 6
Brazil files WTO request for consultation over US tariffs, Folha reports
SAO PAULO, Aug 6 (Reuters) - Brazil's government has filed a request for consultations at the World Trade Organization over the tariffs imposed by the United States on goods from that country, newspaper Folha de S.Paulo reported on Wednesday.Reuters
Wed, Aug 6
FOREX-Dollar falls as traders bet on more rate cuts
Dollar resumes fall on rate cut expectationsTraders focused on nominations for next Fed ChairBank of England expected to cut rates on ThursdayBy Karen Brettell NEW YORK, Aug 6 (Reuters) - The dollar dropped on Wednesday and the euro hit a one-week high as traders bet that the Federal Reserve will...Reuters
Wed, Aug 6
