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Upland Software Q1 revenue falls 24% on divestitures
OverviewUS AI software firm's Q1 revenue fell 24% yr/yr, mainly due to 2025 divestituresAdjusted EBITDA margin rose to 26% from 21% a year agoCompany guides for further revenue and adjusted EBITDA declines in Q2 and full year 2026OutlookUpland expects Q2 2026 revenue between $47.1 mln and $50.1 ...Reuters
Fri, May 1
Ledyard Financial Q1 net income rises 25% yr/yr on loan growth
OverviewUS community bank and wealth manager's Q1 net income rose 25% yr/yr to $1.5 mlnDiluted EPS for Q1 was $0.44, up from $0.36 a year agoCompany repurchased 13,100 shares under its buyback program in Q1OutlookCompany says it remains well positioned to benefit from future Fed rate reductionsC...Reuters
Fri, May 1
Moonshot AI, Other Chinese Firms Weigh Corporate Overhaul In Wake Of Meta-Manus Deal Reversal - The Information
May 1 (Reuters) - MOONSHOT AI AND OTHER CHINESE FIRMS WEIGH CORPORATE OVERHAUL IN WAKE OF META-MANUS DEAL REVERSAL - THE INFORMATIONCHINESE STARTUPS EYE DOMESTIC INCORPORATION AFTER REGULATOR’S IPO STANCE - THE INFORMATIONSource text: https://tinyurl.com/smzjsyv8Reuters
Fri, May 1
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs
The Canadian dollar strengthened against the greenback on Friday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.1% higher at C$1.3564 to the greenback, or 73.72 U.S. cents, after trading in a range of 1.3551 to 1.3588.Canadian government 10-year bond yields CA10YT...Reuters
Fri, May 1
US criticises Zambia for lack of engagement as $1 billion health deal stalls
LUSAKA, May 1 (Reuters) - The United States has criticised Zambia for failing to engage on a new health aid agreement governing more than $1 billion in U.S. funding, saying repeated outreach from Washington had been ignored as an April 30 deadline passed without a deal.Outgoing U.S. ambassador Micha...Reuters
Fri, May 1
DIARY-Political and General News Events from May 1
May 1 (Reuters) - For other diaries, please see:Political and General News POL/DIARYTop Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY ----------------------------------------------------...Reuters
Fri, May 1
IRadimed Q1 revenue rises 13% on new product launch
OverviewMRI-compatible device maker's Q1 revenue rose 13% yr/yr to $22.0 mlnAdjusted EPS for Q1 rose 17% yr/yr to $0.49Company says Q1 growth driven by launch of next-gen 3870 MRI IV pumpOutlookCompany expects Q2 2026 revenue of $20 mln to $21 mlnCompany sees Q2 2026 GAAP diluted EPS of $0.40 to...Reuters
Fri, May 1
Lazard's profit surges on asset management inflows amid market volatility
May 1 (Reuters) - Investment bank Lazard LAZ.N reported a 67% jump in first-quarter profit on Friday, as resilient client demand boosted its asset management business during a period of heightened market volatility.Market swings, driven by tensions between major powers and uncertainty around interes...Reuters
Fri, May 1
EXCLUSIVE-Ukraine sees path to getting Japanese arms after Tokyo eases export rules
Rule changes allow for talks on Japanese supplies, says envoyKyiv eyes Japanese investment in air-defence system Japan weighing support for NATO-led Ukraine defence fundTokyo hasn't indicated it would send weapons to UkraineBy John Geddie and Tim Kelly TOKYO, May 1 (Reuters) - Japan's rel...Reuters
Fri, May 1
Delta Air Lines Announces 4% Pay Raise For Eligible Employees Worldwide
May 1 (Reuters) - Delta Air Lines Inc DAL.N:DELTA AIR LINES - ANNOUNCES 4% PAY RAISE FOR ELIGIBLE EMPLOYEES WORLDWIDEDELTA AIR LINES INC: REPRESENTS AN ADDITIONAL $500 MILLION ANNUAL INVESTMENT IN EMPLOYEESDELTA AIR LINES INC - BASE PAY INCREASE EFFECTIVE JUNE 1Reuters
Fri, May 1
More states join legal challenge to Nexstar, Tegna merger
By Daniel Wiessner and David Shepardson WASHINGTON, May 1 (Reuters) - Five more U.S. states are joining an antitrust lawsuit challenging Nexstar's NXST.O acquisition of rival broadcaster Tegna after a judge temporarily blocked the deal from proceeding, according to California's attorney ...Reuters
Fri, May 1
Federal Realty raises annual FFO target on strong leasing demand
May 1 (Reuters) - Federal Realty Investment Trust FRT.N raised its annual core profit forecast on Friday, helped by strong leasing demand at its grocery-anchored shopping centers.The company expects full-year 2026 core funds from operations, a key performance measure for REITs, to be between $7.46 a...Reuters
Fri, May 1
Missing Oscar statuette for 'Mr. Nobody Against Putin' is found
Oscar statuette went missing after director had to check it in as hold luggageLufthansa located statuette in Frankfurt and apologisedTalankin won award for documentary 'Mr Nobody Against Putin'By Matthias Williams LONDON, May 1 (Reuters) - An Oscar statuette belonging to Russian direc...Reuters
Fri, May 1
US FDA taps Szarama as acting head of vaccine unit, Politico reports
May 1 (Reuters) - The U.S. Food and Drug Administration has named Katherine Szarama as the acting director of its vaccines and biologics unit, Politico reported on Thursday, after Vinay Prasad's turbulent tenure came to an end this week.The Health and Human Services, which oversees the FDA, did ...Reuters
Fri, May 1
Cohen & Company Q1 revenue more than doubles yr/yr
OverviewU.S. capital markets firm's Q1 revenue more than doubled yr/yr but fell from prior quarterAdjusted EPS and net income rose yr/yr but declined from Q4, reflecting lower SPAC activityCompany declared a quarterly dividend of $0.25 per shareOutlookCompany did not provide specific financial g...Reuters
Fri, May 1
Oppenheimer Holdings' Q1 revenue and adjusted EPS rise
OverviewU.S. investment bank's Q1 revenue rose 21% yr/yr, driven by higher banking and advisory feesCompany posted Q1 net loss due to $70 mln legal settlement and higher compensation expensesAdjusted EPS for Q1 rose yr/yr as core businesses delivered higher operating resultsResult DriversLEGAL S...Reuters
Fri, May 1
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