News
Important Only
Moody's Downgrades United States Ratings To AA1 From AAA, Changes Outlook To Stable
May 16 (Reuters) - Moody's: MOODY'S RATINGS DOWNGRADES UNITED STATES RATINGS TO AA1 FROM AAA; CHANGES OUTLOOK TO STABLEMOODY'S: US' LONG-TERM LOCAL- AND FOREIGN-CURRENCY COUNTRY CEILINGS REMAIN AT AAAMOODY'S ON U.S.: DO NOT BELIEVE MATERIAL MULTI-YEAR REDUCTIONS IN MANDATORY SPEN...Reuters
Fri, May 16
Fortress Biotech Inc expected to post a loss of 49 cents a share - Earnings Preview
Fortress Biotech Inc FBIO.OQ FBIO.O is expected to show a fall in quarterly revenue when it reports results on August 11 (estimated) for the period ending March 31 2025The Bay Harbor Islands Florida-based company is expected to report a 10.8% decrease in revenue to $11.621 million from $13.03 mill...Reuters
Fri, May 16
T Stamp Inc expected to post a loss of 35 cents a share - Earnings Preview
T Stamp Inc IDAI.OQ IDAI.O is expected to show a rise in quarterly revenue when it reports results on August 13 (estimated) for the period ending June 30 2025The Atlanta Georgia-based company is expected to report a 159.8% increase in revenue to $1.3 million from $500.4 thousand a year ago, accord...Reuters
Fri, May 16
Southern California Edison submits three-year wildfire mitigation plan
May 16 (Reuters) - Utility Edison International's EIX.N unit Southern California Edison (SCE) said on Friday it has submitted a three-year wildfire mitigation plan to California's Office of Energy Infrastructure Safety.The company expects an investment of $6.2 billion over three years from 2...Reuters
Fri, May 16
XORTX Therapeutics Inc expected to post a loss of 33 cents a share - Earnings Preview
XORTX Therapeutics Inc XRTX.V is expected to report results on May 19 (estimated) for the period ending December 31 2024LSEG's mean analyst estimate for XORTX Therapeutics Inc is for a loss of 33 cents per share. The one available analyst rating on the shares is "buy". The mean earnin...Reuters
Fri, May 16
Movano Inc Health Board Initiates Process To Maximize Shareholder Value
May 16 (Reuters) - Movano Inc MOVE.O:MOVANO INC - HEALTH BOARD INITIATES PROCESS TO MAXIMIZE SHAREHOLDER VALUEMOVANO INC: INITIATED PROCESS TO EXPLORE STRATEGIC ALTERNATIVES, INCLUDING A SALE, MERGER OR SIMILAR TRANSACTION INVOLVING COMPANYReuters
Fri, May 16
World Road Inc Files For U.S. IPO
May 16 (Reuters) - WORLD ROAD INC - FILES FOR U.S. IPO - SEC FILINGWORLD ROAD INC - RESERVED SYMBOL “WODO” FOR PURPOSES OF LISTING OUR CLASS A ORDINARY SHARES ON THE NASDAQ - SEC FILINGWORLD ROAD INC SAYS CRAFT CAPITAL MANAGEMENT LLC AND R.F. LAFFERTY & CO ARE UNDERWRITERS TO IPOReuters
Fri, May 16
AI regulation ban meets opposition from state attorneys general over risks to US consumers
Trump's tax bill includes 10-year state AI regulation banState attorneys general say bill would harm consumersMeasure must pass Senate rule on budget processBy Jody Godoy May 16 (Reuters) - A Republican proposal to block states from regulating artificial intelligence for 10 years drew opposit...Reuters
Fri, May 16
Global Payments Enters $7.25 Billion Revolving Credit Agreement
May 16 (Reuters) - Global Payments Inc GPN.N:GLOBAL PAYMENTS INC - ENTERS $7.25 BILLION REVOLVING CREDIT AGREEMENT - SEC FILINGGLOBAL PAYMENTS INC - REVOLVING CREDIT FACILITY MAY INCREASE TO $7.5 BILLION - SEC FILINGGLOBAL PAYMENTS INC - REVOLVING CREDIT FACILITY TO MATURE ON FIFTH ANNIVERSARY - SEC...Reuters
Fri, May 16
Inside Debt - May 16
To access a PDF version of this newsletter, please click here You can read Inside Debt via TOPNEWS Fixed Income page.If you would like to receive this newsletter through your email, please register at: https://solutions.lseg.com/Inside-Debt-Subscription-page For an index of our newsletters click ...Reuters
Fri, May 16
Viasat Inc expected to post a loss of 38 cents a share - Earnings Preview
Viasat Inc VSAT.OQ VSAT.O is expected to show a fall in quarterly revenue when it reports results on May 20 for the period ending March 31 2025The Carlsbad California-based company is expected to report a 1.3% decrease in revenue to $1.135 billion from $1.15 billion a year ago, according to the me...Reuters
Fri, May 16
Evolv Technologies Holdings Inc expected to post a loss of 4 cents a share - Earnings Preview
Evolv Technologies Holdings Inc EVLV.OQ EVLV.O is expected to show a rise in quarterly revenue when it reports results on August 6 (estimated) for the period ending March 31 2025The Waltham Massachusetts-based company is expected to report a 29.2% increase in revenue to $27.986 million from $21.67...Reuters
Fri, May 16
Palo Alto Networks Inc expected to post earnings of 77 cents a share - Earnings Preview
Palo Alto Networks Inc PANW.OQ PANW.O is expected to show a rise in quarterly revenue when it reports results on May 20 for the period ending April 30 2025The Santa Clara California-based company is expected to report a 14.7% increase in revenue to $2.277 billion from $1.98 billion a year ago, acc...Reuters
Fri, May 16
