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Swiss Re backs $9.25mn drought insurance scheme in Syria
By Henry GaleFeb 10 - (The Insurer) - The World Food Programme (WFP) has launched a climate risk insurance product in Syria with the support of Swiss Re and the Insurance Development Forum.Charity Humanity Insured and the World Bank's Global Shield Financing Facility, with contributions from the...Reuters
Mon, Feb 10
Exelon Corp expected to post earnings of 59 cents a share - Earnings Preview
Exelon Corp EXC.OQ EXC.O is expected to show a fall in quarterly revenue when it reports results on February 12 for the period ending December 31 2024The Chicago Illinois-based company is expected to report a 11.7% decrease in revenue to $4.742 billion from $5.37 billion a year ago, according to t...Reuters
Mon, Feb 10
Urban Edge Properties expected to post earnings of 10 cents a share - Earnings Preview
Urban Edge Properties UE.N, UE is expected to show a fall in quarterly revenue when it reports results on February 12 for the period ending December 31 2024The New York City-based company is expected to report a 5.0% decrease in revenue to $110.789 million from $116.58 million a year ago, accordin...Reuters
Mon, Feb 10
Chimera Investment Corp expected to post earnings of 47 cents a share - Earnings Preview
Chimera Investment Corp CIM.N, CIM is expected to show a rise in quarterly revenue when it reports results on February 12 for the period ending December 31 2024The New York City-based company is expected to report a 20.0% increase in revenue to $77.55 million from $64.65 million a year ago, accord...Reuters
Mon, Feb 10
Lords committee urges FCA to call off “name and shame” plans
By Ryan HewlettFeb 10 - (The Insurer) - An influential House of Lords committee has urged the Financial Conduct Authority (FCA) not to proceed with its plans to “name and shame” firms that are subject to investigations until industry concerns are addressed.The cross-party House of Lords Financial Se...Reuters
Mon, Feb 10
Acting CFPB chief tells all staff to cease 'any work tasks'
Feb 10 (Reuters) - President Donald Trump's newly installed chief of the U.S. Consumer Financial Protection Bureau on Monday directed all of the agency's workers to desist from performing any work, according to an email seen by Reuters."Employees should not come into the office. Please d...Reuters
Mon, Feb 10
MVB Financial Corp expected to post earnings of 27 cents a share - Earnings Preview
MVB Financial Corp MVBF.OQ MVBF.O is expected to show a fall in quarterly revenue when it reports results on February 12 (estimated) for the period ending December 31 2024The Fairmont West Virginia-based company is expected to report a 2.7% decrease in revenue to $34.572 million from $35.55 millio...Reuters
Mon, Feb 10
Blackstone Mortgage Trust Inc expected to post a loss of 91 cents a share - Earnings Preview
Blackstone Mortgage Trust Inc BXMT.N, BXMT.K is expected to show a fall in quarterly revenue when it reports results on February 12 for the period ending December 31 2024The New York City-based company is expected to report a 28.1% decrease in revenue to $110.618 million from $153.77 million a yea...Reuters
Mon, Feb 10
Restaurant Brands International Inc expected to post earnings of 78 cents a share - Earnings Preview
Restaurant Brands International Inc QSR.N, QSR is expected to show a rise in quarterly revenue when it reports results on February 12 for the period ending December 31 2024The Toronto Ontario-based company is expected to report a 25.5% increase in revenue to $2.284 billion from $1.82 billion a yea...Reuters
Mon, Feb 10
Dominion Energy Inc expected to post earnings of 56 cents a share - Earnings Preview
Dominion Energy Inc D.N, D is expected to show a rise in quarterly revenue when it reports results on February 12 for the period ending December 31 2024The Richmond Virginia-based company is expected to report a 11.5% increase in revenue to $3.941 billion from $3.53 billion a year ago, according t...Reuters
Mon, Feb 10
Restaurant Brands International Inc expected to post earnings of 79 cents a share - Earnings Preview
Restaurant Brands International Inc QSR.N, QSR is expected to show a rise in quarterly revenue when it reports results on February 12 for the period ending December 31 2024The Toronto Ontario-based company is expected to report a 24.9% increase in revenue to $2.274 billion from $1.82 billion a yea...Reuters
Mon, Feb 10
BRIEF-NLS Pharmaceutics And Kadimastem Unveil Multi-Target Approach To Diabetes
Feb 10 (Reuters) - Kadimastem KDST.TA:NLS PHARMACEUTICS AND KADIMASTEM UNVEIL MULTI-TARGET APPROACH TO DIABETES, EXPANDING BEYOND GLP-1 THERAPIESSource text: ID:nPn4kTQGnaFurther company coverage: KDST.TAReuters
Mon, Feb 10
Diebold Nixdorf Inc expected to post earnings of $1.05 a share - Earnings Preview
Diebold Nixdorf Inc DBD.N, DBD is expected to show a fall in quarterly revenue when it reports results on February 12 for the period ending December 31 2024The North Canton Ohio-based company is expected to report a 4.8% decrease in revenue to $987.768 million from $1.04 billion a year ago, accord...Reuters
Mon, Feb 10
DIARY-Political and General News Events from February 10
Feb 10 (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
Mon, Feb 10
BRIEF-CompoSecure Board Of Directors Approves Spin-Off Of Resolute Holdings
Feb 10 (Reuters) - CompoSecure Inc CMPO.O:COMPOSECURE BOARD OF DIRECTORS APPROVES SPIN-OFF OF RESOLUTE HOLDINGS AND AUTHORIZES EXPANDED SHARE REPURCHASE PROGRAM TO $100 MILLIONCOMPOSECURE INC - RESOLUTE HOLDINGS SHARES TO TRADE ON NASDAQ UNDER TICKER 'RHLD'COMPOSECURE INC - RESOLUTE HOLDINGS...Reuters
Mon, Feb 10
Senate Democrats create new portal for Trump whistleblowers
WASHINGTON, Feb 10 (Reuters) - U.S. Senate Democrats grappling with President Donald Trump's sweeping actions targeting federal agencies on Monday launched an online portal for whistleblowers.They wrote a public letter to civil service employees and other public servants informing them of the po...Reuters
Mon, Feb 10
Rockwell Automation beats profit estimates on digital consulting demand
Feb 10 (Reuters) - Rockwell Automation ROK.N on Monday posted a higher-than-expected profit for the first quarter, helped by its lifecycle services unit which caters to digital consulting and services including cybersecurity, remote monitoring, and asset management.Shares of the Milwaukee-based comp...Reuters
Mon, Feb 10
Sonnet Biotherapeutics Holdings Inc expected to post a loss of $1.39 a share - Earnings Preview
Sonnet Biotherapeutics Holdings Inc SONN.OQ SONN.O is expected to show a fall in quarterly revenue when it reports results on February 12 (estimated) for the period ending December 31 2024LSEG's mean analyst estimate for Sonnet Biotherapeutics Holdings Inc is for a loss of $1.39 per share. The...Reuters
Mon, Feb 10
