News
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Comcast Corp expected to post earnings of 86 cents a share - Earnings Preview
Comcast Corp CMCSA.OQ CMCSA.O is expected to show a rise in quarterly revenue when it reports results on January 30 for the period ending December 31 2024The Philadelphia Pennsylvania-based company is expected to report a 1.2% increase in revenue to $31.639 billion from $31.25 billion a year ago, ...Reuters
Tue, Jan 28
Marine Products Corp expected to post earnings of 5 cents a share - Earnings Preview
Marine Products Corp MPX.N, MPX is expected to show a fall in quarterly revenue when it reports results on January 30 for the period ending December 31 2024The Atlanta Georgia-based company is expected to report a 34.7% decrease in revenue to $46.3 million from $70.87 million a year ago, according...Reuters
Tue, Jan 28
Kearny Financial Corp expected to post earnings of 11 cents a share - Earnings Preview
Kearny Financial Corp KRNY.OQ KRNY.O is expected to show a fall in quarterly revenue when it reports results on January 30 for the period ending December 31 2024The Fairfield New Jersey-based company is expected to report a 5.6% decrease in revenue to $33.836 million from $35.84 million a year ago...Reuters
Tue, Jan 28
1-800-Flowers.Com Inc expected to post earnings of $1.19 a share - Earnings Preview
1-800-Flowers.Com Inc FLWS.OQ FLWS.O is expected to show a fall in quarterly revenue when it reports results on January 30 for the period ending December 31 2024The Jericho New York-based company is expected to report a 2.5% decrease in revenue to $801.643 million from $822.05 million a year ago, ...Reuters
Tue, Jan 28
Elon Musk clashes with Norway wealth fund CEO; 'friends are as friends do'
OSLO, Jan 28 (Reuters) - Tesla TSLA.O CEO Elon Musk has clashed with Nicolai Tangen, CEO of Norway's sovereign wealth fund, one of the automaker's top investors, according to a record of the conversation released on Tuesday. Last June, the fund voted against Musk's $56 billion pay packag...Reuters
Tue, Jan 28
HSBC plans biggest investment banking retrenchment in decades
HSBC to focus on Asia and Middle East for M&A and ECMCEO Elhedery leads cost-cutting and shift to AsiaAnalysts question timing amid expected capital markets growthShares down 0.3% Adds league table ranking in paragraph 6, internal reaction in 10.By Sinead CruiseLONDON, Jan 28 (Reuters) - HSBC HS...Reuters
Tue, Jan 28
Rogers Communications Inc expected to post earnings of C$1.36 a share - Earnings Preview
Rogers Communications Inc RCIb.TO is expected to show a rise in quarterly revenue when it reports results on January 30 for the period ending December 31 2024The Toronto Ontario-based company is expected to report a 1.1% increase in revenue to C$5.392 billion from C$5.34 billion a year ago, accor...Reuters
Tue, Jan 28
Scansource Inc expected to post earnings of 91 cents a share - Earnings Preview
Scansource Inc SCSC.OQ SCSC.O is expected to show a fall in quarterly revenue when it reports results on January 30 for the period ending December 31 2024The Greenville South Carolina-based company is expected to report a 4.2% decrease in revenue to $847.6 million from $884.79 million a year ago, ...Reuters
Tue, Jan 28
Sirius XM Holdings Inc expected to post earnings of 63 cents a share - Earnings Preview
Sirius XM Holdings Inc SIRI.OQ SIRI.O is expected to show a fall in quarterly revenue when it reports results on January 30 for the period ending December 31 2024The Englewood Colorado-based company is expected to report a 5.1% decrease in revenue to $2.17 billion from $2.29 billion a year ago, ac...Reuters
Tue, Jan 28
BRIEF-Nuvve Board Approves Bitcoin (Btc) Payments And Treasury Strategy
Jan 28 (Reuters) - Nuvve Holding Corp NVVE.O:NUVVE BOARD APPROVES BITCOIN (BTC) PAYMENTS AND TREASURY STRATEGYNUVVE HOLDING : WILL ALLOCATE UP TO 30% OF ITS EXCESS CASH, CALCULATED BASED ON ITS ESTIMATED SIX-MONTH OPERATING EXPENSES, TOWARD BTC PURCHASESSource text: ID:nBw30hfW5aFurther company cove...Reuters
Tue, Jan 28
BRIEF-1Global Taps Nokia for Network Expansion And Operations
Jan 28 (Reuters) - Nokia Oyj NOKIA.HE:1GLOBAL TAPS NOKIA VOICE AND PACKET CORE SOLUTIONS TO ENHANCE NETWORK OPERATIONS IN EXISTING MARKETS, EXPAND NEW ONESDEAL SWAPS OUT COMPETITORS AND INCLUDES NOKIA EVOLVED PACKET CORE (EPC), NOKIA IMS VOICE CORE, AND NOKIA NETGUARD SECURITY SOLUTIONSSource text: ...Reuters
Tue, Jan 28
BRIEF-Innergex Adds A New Wind Project Under Development In France
Jan 28 (Reuters) - Innergex Renewable Energy Inc INE.TO:INNERGEX ADDS A NEW WIND PROJECT UNDER DEVELOPMENT IN FRANCEINNERGEX RENEWABLE ENERGY INC - GOAL OF ACHIEVING COMMERCIAL OPERATIONS IN 2026Source text: ID:nCNWjW14vaFurther company coverage: INE.TOReuters
Tue, Jan 28
IAIS eyes climate resilience and AI standards in 2025-26 roadmap
By Rebecca DelaneyJan 28 - (The Insurer) - The International Association of Insurance Supervisors (IAIS) will look to develop an implementation assessment methodology for the newly adopted insurance capital standard as part of its roadmap for 2025-26, as well as focusing on climate-related resilienc...Reuters
Tue, Jan 28
California denies Trump claim US military turned on water in state
Pumps restarted after maintenance, not military action -stateWater supply enough, unaffected by federal order-Newsom's officeLA hydrants ran dry due to design limitations not shortage-state WASHINGTON, Jan 28 (Reuters) - California on Tuesday denied President Donald Trump's claim that the...Reuters
Tue, Jan 28
JPMorgan eyes space at former Credit Suisse tower in Canary Wharf, source says
LONDON, Jan 28 (Reuters) - JPMorgan JPM.N is in talks to take overflow office space in Credit Suisse's empty former offices in Canary Wharf, a source familiar with the matter told Reuters, having outgrown its own European headquarters nearby.The Wall Street banking giant has said that all staff ...Reuters
Tue, Jan 28
EXPLAINER-What is DeepSeek and why is it disrupting the AI sector?
Updates to add hyperlinksBy Eduardo Baptista BEIJING, Jan 27 (Reuters) - Chinese startup DeepSeek's launch of its latest AI models, which it says are on a par or better than industry-leading models in the United States at a fraction of the cost, is threatening to upset the technology world or...Reuters
Tue, Jan 28
BRIEF-Qxo Inc Reaffirms Commitment To Acquiring Beacon For $124.25 Per Share In Cash
Jan 28 (Reuters) - QXO Inc QXO.N:QXO COMMENTS ON BEACON ROOFING SUPPLY’S ADOPTION OF SHAREHOLDER-UNFRIENDLY POISON PILLQXO INC: REAFFIRMS COMMITMENT TO ACQUIRING BEACON FOR $124.25 PER SHARE IN CASHQXO INC - QXO'S TENDER OFFER WILL BE OUTSTANDING UNTIL 12:00 MIDNIGHT, NEW YORK CITY TIME, AT END ...Reuters
Tue, Jan 28
BRIEF-Vermilion Energy Announces Filing Of Westbrick Financial Information And Increase To Term Loan Facility
Jan 28 (Reuters) - Vermilion Energy Inc VET.TO:VERMILION ENERGY INC. ANNOUNCES FILING OF WESTBRICK FINANCIAL INFORMATION AND INCREASE TO TERM LOAN FACILITYVERMILION ENERGY- GOT COMMITMENTS FROM LENDERS TO INCREASE TERM LOAN MATURING MAY 2028 FROM $250 MILLION TO $450 MILLIONSource text: ID:nCNW0vN1S...Reuters
Tue, Jan 28
BRIEF-Sysco Corp Reiterates FY25 Guidance With Sales Growth Of 4-5%
Jan 28 (Reuters) - Sysco Corp SYY.N:SYSCO: REITERATING FY25 GUIDANCE, WITH SALES GROWTH OF 4-5% AND ADJUSTED EPS GROWTH OF 6-7%REITERATES FY25 GUIDANCE WITH SALES GROWTH OF 4-5%SYSCO: QTRLY ADJUSTED EPS $0.93SYSCO: FISCAL YEAR 2025 SHARE REPURCHASE NOW EXPECTED AT $1.25 BILLIONQ2 EARNINGS PER SHARE...Reuters
Tue, Jan 28
