News
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BRIEF-Infinity Natural Resources, Inc. Announces Pricing Of Initial Public Offering
INFINITY NATURAL RESOURCES, INC. ANNOUNCES PRICING OF INITIAL PUBLIC OFFERINGINFINITY NATURAL RESOURCES: PRICING OF IPO OF 13.3 MILLION SHARES OF CLASS A COMMON STOCK AT A PRICE TO PUBLIC OF $20.00 PER SHARE OF COMMON STOCKINFINITY NATURAL RESOURCES: SHARES OF COMMON STOCK EXPECTED TO BEGIN TRADING ...Reuters
Thu, Jan 30
BRIEF-Dorel Announces Major Home Segment Restructuring
Dorel Industries Inc DIIb.TO:DOREL ANNOUNCES MAJOR HOME SEGMENT RESTRUCTURINGDOREL INDUSTRIES INC - ANNOUNCES SIGNIFICANT RESTRUCTURING OF HOME SEGMENTDOREL INDUSTRIES INC - INITIATES CLOSURE OF RTA MANUFACTURING FACILITY IN TIFFIN, OHIODOREL INDUSTRIES INC - TO CEASE PRODUCTION AT MONTREAL FACILITY...Reuters
Thu, Jan 30
BRIEF-Visa Exec Says Travel Volumes Performed Well Across Our Regional Corridors - Conf. Call
Jan 30 (Reuters) - Visa Inc V.N:VISA EXECUTIVE SAYS TRAVEL VOLUMES PERFORMED WELL ACROSS OUR REGIONAL CORRIDORS DUE TO BROADER STRENGTH IN BOTH CONSUMER AND COMMERCIAL SPENDING - CONF. CALLSource text: [ID:]Further company coverage: V.NReuters
Thu, Jan 30
The Hartford P&C CR improves to 92.1% despite $141mn A&E reserve increase
By Michael LoneyJan 30 - (The Insurer) - The Hartford has reported a Q4 earnings beat in results that included the property casualty combined ratio improving 1.6 points, with a worsening in commercial lines and marked improvement in personal lines.The Connecticut-based company reported core earnings...Reuters
Thu, Jan 30
US judge blocks Trump administration from transferring transgender inmate
Federal judge in Boston issues temporary restraining orderTrump's executive order directed government to recognize only two sexesTrump order required transgender women be housed in men's prisonsAdds further details on court case, attorney comment in paragraphs 4-12By Nate Raymond BOSTON, ...Reuters
Thu, Jan 30
Colombia's Grupo Argos more than triples profit in 2024
Jan 30 (Reuters) - Colombia's Grupo Argos ARG.CN reported a 221% increase in net profit in 2024, rising to 2.53 trillion pesos ($609 million), the conglomerate announced in a statement on Thursday.Argos, with units in the energy, cement and airport operations, saw revenue last year grow 148% to ...Reuters
Thu, Jan 30
Eastman Chemical posts Q4 profit beat as destocking ends in key markets
Jan 30 (Reuters) - Eastman Chemical EMN.N beat fourth-quarter profit estimates on Thursday, as the company benefited from a decline in destocking trends across key markets. The company makes a vast range of chemicals used in manufacturing a variety of end-products in the construction, agricultural a...Reuters
Thu, Jan 30
Insurtech Openly raises $193mn in growth financing led by Eden, Allianz X
By Isha MaratheJan 30 - (The Insurer) - Homeowners insurtech Openly has raised $193mn in a growth financing round led by Eden Global Partners and Allianz X – with Eden providing $123mn in equity capital and Allianz X with a $70mn senior note – over a year after its $100mn Series D. The round also i...Reuters
Thu, Jan 30
Soccer-'Anything is possible' - Amorim says Man United must target trophy
By Peter HallBUCHAREST, Jan 30 (Reuters) - Ruben Amorim insisted that despite his difficult start as Manchester United manager, his side must target winning the Europa League after booking their last-16 spot with a 2-0 victory at Steaua Bucharest on Thursday. Amorim became the first United manager t...Reuters
Thu, Jan 30
Massachusetts lobster fishing limits to protect whales restored by appeals court
Appeals court in Boston restores fisheries service ruleLobstermen said rule ran afoul of Supreme Court decisionConservation groups hail victory for right whalesBy Jonathan StempelJan 30 (Reuters) - A federal appeals court on Thursday restored a U.S. agency rule restricting lobster and Jonah crab fis...Reuters
Thu, Jan 30
Gallagher Q4 brokerage organic growth accelerates to 7.1% as adj Ebitdac margin rises 170 bps
By Chris MunroJan 30 - (The Insurer) - Arthur J Gallagher (AJG)’s brokerage organic growth accelerated to 7.1 percent in Q4 2024 from the previous quarter’s 6.0 percent, while the segment’s adjusted Ebitdac margin increased by 170 basis points year on year to 33.1 percent.The fourth quarter 2024 org...Reuters
Thu, Jan 30
US FDA approves Vertex's non-opioid painkiller
Jan 30 (Reuters) - The U.S. Food and Drug Administration has approved Vertex Pharmaceuticals' VRTX.O drug to treat acute pain, the health regulator said on Thursday, offering an alternative to addictive opioid painkillers that have fueled a national crisis.Reuters
Thu, Jan 30
Gen Digital beats third-quarter revenue estimates on strong demand for cybersecurity tools
Jan 28 (Reuters) - Gen Digital GEN.O topped Wall Street estimates for third-quarter revenue and profit on Thursday, driven by strong demand for its cybersecurity tools.A surge in digital scams and high-profile hacks is fueling demand for Gen Digital's cybersecurity solutions, as businesses adopt...Reuters
Thu, Jan 30
BRIEF-FDA Approved Journavx (Suzetrigine) 50 Milligram Oral Tablets To Treat Moderate To Severe Acute Pain In Adults
Jan 30 (Reuters) - FDA:FDA: APPROVED JOURNAVX (SUZETRIGINE) 50 MILLIGRAM ORAL TABLETS, FIRST-IN-CLASS NON-OPIOID ANALGESIC, TO TREAT MODERATE TO SEVERE ACUTE PAIN IN ADULTSReuters
Thu, Jan 30
‘Love Me’ movie finds unconventional lovers on quest for meaning
By Rollo Ross and Danielle BroadwayLOS ANGELES, Jan 30 (Reuters) - For “Love Me” actor Kristen Stewart, the overall message of the film remains a mystery. "I'm not sure what the movie's trying to say ultimately,” the "Twilight" actor said.She believes, however, the film may be a...Reuters
Thu, Jan 30
Trump says Canada, Mexico tariffs on Saturday may not include oil
Trump to decide Thursday night on Canadian, Mexican oil tariffsChina to pay tariff for its role in fentanyl trade, Trump saysSaturday deadline for 25% duties on Canadian, Mexican importsAdds Trump quotes on oil tariffs, Chinese duties from second paragraph onwardBy Steve Holland WASHINGTON, Jan 3...Reuters
Thu, Jan 30
McKinsey sues 11 carriers for refusal of coverage in opioid lawsuits in a New York court
By Isha MaratheJan 30 - (The Insurer) - McKinsey & Co has sued units of Chubb, AIG, Everest Group, CNA, Liberty Mutual, American Financial Group and Axa XL for a violation of their contractual obligation to defend and indemnify McKinsey in over 260 opioid-related lawsuits. The suit was filed in...Reuters
Thu, Jan 30
Former exec at drugmaker Ipsen sentenced to prison for insider trading
Adds defense lawyer's comment in paragraph 4By Nate Raymond BOSTON, Jan 30 (Reuters) - A former executive at French drugmaker Ipsen IPN.PA was sentenced on Thursday to two months in a U.S. prison for illegally trading on inside information he learned about his company's plans to acquire c...Reuters
Thu, Jan 30
Soccer-Possible Europa League playoff and last 16 opponents
Jan 30 (Reuters) - Possible Europa League playoff and last-16 opponents ahead of Friday's draw:POSSIBLE PLAYOFF AND LAST-16 OPPONENTS:Ferencvaros or Porto will face AS Roma or Viktoria Plzen in the playoffs. The winners will meet either Lazio or Athletic Bilbao in the Round of 16.FC Twente or Fe...Reuters
Thu, Jan 30
U.S. Steel posts muted quarterly results amid Nippon deal snag
Jan 30 (Reuters) - U.S. Steel X.N reported fourth-quarter loss and revenue that matched Wall Street estimates on Thursday, dented by price declines and a bumpy demand environment.The industry has been struggling, as distributors have refrained from purchasing material in excess of their inventory am...Reuters
Thu, Jan 30
