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US facing headwinds in trade negotiations with Canada, US ambassador says
By Ed WhiteTORONTO, March 12 (Reuters) - U.S. Ambassador to Canada Pete Hoekstra said Washington wants to renew the U.S.-Mexico-Canada trade pact but faces resistance from Canada, underscoring uncertainty as a mandatory July 1 review approaches.Speaking on Thursday at the Canadian Crops Convention i...Reuters
Thu, Mar 12
Amazon unit withdraws from drone trade group, raises safety concerns
Prime Air backs anti-collision detect-and-avoid systemsTrade group opposes requirements for such systemsBy David Shepardson WASHINGTON, March 12 (Reuters) - Amazon.com's AMZN.O drone unit Prime Air is withdrawing from the Commercial Drone Alliance, taking issue with the industry trade group&#...Reuters
Thu, Mar 12
Champions Oncology Q3 revenue dips 3%
OverviewUS oncology research firm's fiscal Q3 revenue fell 3% due to absence of data license revenue recognized yr agoStudy service revenue hit record, up 32% yr/yr on strong study execution and backlog conversionOutlookChampions Oncology expects year-over-year revenue growth for the fiscal year...Reuters
Thu, Mar 12
BuzzFeed flags going concern risk; net loss widens
OverviewUS digital media firm's Q4 revenue rose 1% yr/yrQ4 net loss widened due to a $30.2 mln non-cash goodwill impairment chargeCompany warns of substantial doubt about ability to continue as going concernOutlookBuzzFeed is withholding 2026 guidance as it evaluates strategic optionsCompany exp...Reuters
Thu, Mar 12
Turtle Beach Q4 revenue misses estimates as North American market softens
OverviewGaming accessories maker's Q4 revenue, net income, and operating income missed analyst expectationsCompany cited North American market softness and lighter holiday sell-through for results below guidanceGross margin for Q4 improved to 40.1% from prior yearOutlookTurtle Beach sees 2026 ne...Reuters
Thu, Mar 12
Iran's Shi'ite allies step up strikes despite weakened hand
'Axis of Resistance' suffered heavy blows after Hamas attackHezbollah executes Iranian plan in case of war, sources in Lebanon sayIran's new leader thanks 'resistance front' fighters By Laila Bassam, Ahmed Rasheed, Pesha Magid and Tom Perry BEIRUT/BAGHDAD/JERUSALEM, March 12 ...Reuters
Thu, Mar 12
Trump administration names immigration judges with enforcement backgrounds amid deportation push
42 new immigration judges hired, many with enforcement backgroundsJudges include former prosecutors and DHS employeesImmigration courts face a 3.2 million case backlogBy Nate Raymond March 12 (Reuters) - The Justice Department has hired 42 new immigration judges, many with backgrounds in immigrat...Reuters
Thu, Mar 12
Tennis-Sabalenka and Zverev march into Indian Wells semi-finals with straight-set victories
INDIAN WELLS, California, March 12 (Reuters) - Aryna Sabalenka and Alexander Zverev kept their Indian Wells title bids alive on Thursday, dispatching their respective opponents to book semi-final berths at the desert hardcourt tournament. Sabalenka beat rising Canadian Victoria Mboko 7-6(0) 6-4, whi...Reuters
Thu, Mar 12
Kodak Q4 revenue rises 9% on strength in advanced materials and print revenue
OverviewUS commercial print and chemicals firm's Q4 revenue rose 9% yr/yrOperational EBITDA for Q4 more than doubled, driven by improved pricing and efficienciesCompany posted a GAAP net loss for Q4, mainly due to non-recurring pension chargesOutlookKodak says it is optimistic about growth in 20...Reuters
Thu, Mar 12
TEAM Q4 revenue rises, net loss narrows
OverviewUS specialty industrial services provider's Q4 revenue rose 5.4% yr/yr, driven by US and CanadaCompany Q4 net loss narrowed to $3.8 mln from $7.2 mln a year earlierOutlookTEAM expects to provide updated guidance for fiscal 2026 after the first quarterResult DriversTURNAROUND ACTIVITY - R...Reuters
Thu, Mar 12
Canada's TerrAscend Q4 revenue beats estimates
OverviewCanada cannabis firm's Q4 revenue beat analyst expectationsCompany renewed share buyback program for up to $10 mln USD during the yearOutlookTerrAscend says it expects sustainable growth and shareholder value in 2026 and beyondTerrAscend plans to focus M&A strategy on accretive trans...Reuters
Thu, Mar 12
Erasca Q4 net loss narrows as expenses fall
OverviewU.S. oncology drug developer's Q4 net loss narrowed from prior year as expenses declinedCompany completed $259 mln upsized financing in January, boosting cash to fund operations into H2 2028Erasca reported promising early clinical data for ERAS-0015 and expanded licensing agreement to Ch...Reuters
Thu, Mar 12
KinderCare slightly beats Q4 revenue estimates
OverviewUS early childhood education firm's fiscal Q4 revenue rose slightly, beating analyst expectationsAdjusted EPS for fiscal Q4 beat analyst expectationsNet loss widened due to impairment charges tied to stock price declineOutlookKindercare expects 2026 revenue of $2.70 bln to $2.75 blnCompa...Reuters
Thu, Mar 12
Canada, Mexico say trilateral deal is key ahead of talks to review USMCA
MEXICO CITY, March 12 (Reuters) - Canadian and Mexican officials on Thursday reaffirmed the importance of maintaining the trilateral free trade agreement between their countries and the U.S., amid signals from Washington it could be interested in bilateral deals.Canada's ambassador to Mexico Cam...Reuters
Thu, Mar 12
Ulta Beauty Q4 profit misses estimates
OverviewUS beauty retailer's Q4 net sales rose 11.8%, beating analyst expectationsQ4 diluted EPS missed analyst expectationsCompany repurchased $890.5 mln in shares during fiscal yearOutlookUlta Beauty sees fiscal 2026 net sales growth of 6% to 7%Company expects fiscal 2026 diluted EPS of $28.05...Reuters
Thu, Mar 12
Iran not going to close Strait of Hormuz, Iran UN envoy says
March 12 (Reuters) - Iran's U.N. Ambassador Amir Saeid Iravani on Thursday said Tehran was not going to close the Strait of Hormuz, but added it was Iran's inherent right to preserve the peace and security of the waterway.He made his comments in remarks to reporters at the United Nations.Reuters
Thu, Mar 12
Adobe Q1 results beat estimates; CEO to step down
OverviewUS creative software firm's Q1 revenue rose 12% yr/yr, beating analyst expectationsAdjusted EPS for Q1 beat analyst expectationsCEO Shantanu Narayen to step down after successor is named, will remain board chairOutlookAdobe sees Q2 revenue between $6.43 bln and $6.48 blnCompany expects Q...Reuters
Thu, Mar 12
THE DAY AHEAD-North America, March 13
To access a PDF version of this newsletter, please click hereYou can read The Day Ahead via TOPNEWS - U.S Companies or Canada page.If you would like to receive this newsletter through your email,please register at: https://solutions.lseg.com/TDA-subscription-pageFor Morning News Call U.S. -- a previ...Reuters
Thu, Mar 12
