News
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Ralliant's Q4 revenue beats estimates
OverviewPrecision tech firm's Q4 revenue rose 1% yr/yr, beating analyst expectationsAdjusted EPS for Q4 beat analyst expectationsCompany recorded $1.4 bln goodwill impairment charge in Test & Measurement segmentOutlookRalliant expects Q1 2026 revenue between $508 mln and $522 mlnCompany fore...Reuters
Wed, Feb 4
Target's new CEO says retailer lost trust with shoppers and staff, Bloomberg News reports
Feb 4 (Reuters) - Target Corp's TGT.N new chief executive officer, Michael Fiddelke, told staff the big-box retailer has lost trust with shoppers and staff and pledged to rebuild that connection, Bloomberg News reported on Wednesday. "We weren't clear enough about who we are as a company...Reuters
Wed, Feb 4
Fed opts to keep bank capital buffers steady until 2027 as it mulls stress test tweaks
By Pete Schroeder WASHINGTON, Feb 4 (Reuters) - The U.S. Federal Reserve announced on Wednesday it would not adjust large bank capital levels during the 2026 stress testing cycle, as the central bank considers several changes to the annual exercise aimed at boosting transparency.Fed Vice Chair fo...Reuters
Wed, Feb 4
Regal Rexnord beats Q4 adjusted EPS estimates
OverviewMotion control firm's Q4 sales grew 4.3% yr/yr, slightly missing analyst expectationsAdjusted EPS for Q4 beat analyst expectations, rising 7.3% yr/yrCompany secured data center orders worth ~$735 mln, boosting E-Pod solution tractionOutlookRegal Rexnord projects 2026 GAAP EPS between $5....Reuters
Wed, Feb 4
IGM Financial Announces January 2026 Assets Under Management & Advisement And Net Flows
Feb 4 (Reuters) - IGM Financial Inc IGM.TO:IGM FINANCIAL INC. ANNOUNCES JANUARY 2026 ASSETS UNDER MANAGEMENT & ADVISEMENT AND NET FLOWSIGM FINANCIAL INC: TOTAL ASSETS UNDER MANAGEMENT AND ADVISEMENT OF $316.1 BILLION AT JANUARY 31Reuters
Wed, Feb 4
Melania Trump says talks with Putin team continue to free Ukrainian kids
By Bo Erickson WASHINGTON, Feb 4 (Reuters) - U.S. first lady Melania Trump said on Wednesday she remains in contact with Russian President Vladimir Putin's team in an effort to secure the return of more Ukrainian children from Russia. "I'm working on it, and we are in the process,"...Reuters
Wed, Feb 4
Everest Group swings to quarterly profit on higher investment returns
Feb 4 (Reuters) - Everest Group EG.N swung to a quarterly profit on Wednesday on the back of strong growth in investment returns and an easier comparison to last year, when the reinsurer had fortified reserves.Reinsurers and insurers typically invest a portion of their capital across various asset c...Reuters
Wed, Feb 4
Fifty-five thousand Ukrainian soldiers killed on battlefield, Zelenskiy tells French TV
PARIS, Feb 4 (Reuters) - The number of Ukrainian soldiers killed on the battlefield as a result of the country's war with Russia is estimated at 55,000, Ukrainian President Volodymyr Zelenskiy told France 2 TV on Wednesday."In Ukraine, officially the number of soldiers killed on the battlefi...Reuters
Wed, Feb 4
Energy distributor UGI's Q1 revenue slightly rises
OverviewEnergy distributor's Q1 revenue missed analyst expectationsAdjusted EPS for Q1 meets analyst expectationsCompany to divest LPG businesses in 5 countries for €48 mlnOutlookUGI plans disciplined capital deployment and executing long-term growth strategyResult DriversSTRONG GAS DEMAND - UGI...Reuters
Wed, Feb 4
Geospace Technologies's Q1 revenue falls
OverviewTechnology manufacturer's Q1 revenue fell 31% yr/yr, with a net loss reportedSmart Water segment revenue declined 21% due to seasonal demand decreaseEnergy Solutions segment revenue dropped 40%, impacted by lower OBX fleet utilizationOutlookGeospace expects strong long-term demand in Sma...Reuters
Wed, Feb 4
Compass Minerals Q1 revenue up 29%, driven by Salt segment sales
OverviewMinerals provider's fiscal Q1 revenue grew 29% yr/yr, driven by Salt segment salesAdjusted EBITDA for fiscal Q1 more than doubled yr/yrCompany reduced net debt by 10% yr/yrOutlookCompass Minerals raises full-year adjusted EBITDA guidance by 2% to $208 mln - $240 mlnCompany expects Salt s...Reuters
Wed, Feb 4
Insurer MetLife adjusted quarterly profit rises on strong investment returns
Feb 4 (Reuters) - MetLife MET.N reported a rise in fourth-quarter adjusted profit on Wednesday, as the insurer was helped by a stronger return on its investment portfolio. A strong market in the last three months of 2025, on the back of the U.S. Federal Reserve's rate cuts, boosted investment re...Reuters
Wed, Feb 4
Petrus Resources Announces Strategic Acquisition Of Oil Weighted Deep Basin Assets And $10 Million Life Offering
Feb 4 (Reuters) - Petrus Resources Ltd PRQ.TO:PETRUS RESOURCES ANNOUNCES STRATEGIC ACQUISITION OF OIL WEIGHTED DEEP BASIN ASSETS AND $10 MILLION LIFE OFFERINGPETRUS RESOURCES LTD - ACQUISITION VALUED AT ABOUT $33.4 MILLIONPETRUS RESOURCES LTD - TO BUY CARDIUM LIGHT OIL ASSETS IN ALBERTAPETRUS RESOUR...Reuters
Wed, Feb 4
U-Haul reports Q3 net loss of $37 mln
OverviewMoving and storage company's Q3 net income fell to a $37 mln lossSelf-storage revenues rose 7.9% yr/yr in Q3OutlookU-Haul expects fleet depreciation losses to bottom out this calendar yearCompany aims to improve market penetration in U-Move segmentU-Haul sees potential growth in underuti...Reuters
Wed, Feb 4
Insurance and investment firm Markel's Q4 revenue rises
OverviewInsurance and investment firm's Q4 operating revenue increased 8% yr/yrAdjusted operating income rose 19% in Q4, driven by improved underwriting profitabilityCompany repurchased $429.5 mln in shares in 2025OutlookMarkel did not provide specific future guidance in the press release in its...Reuters
Wed, Feb 4
