News
Important Only
Deals of the day-Mergers and acquisitions
May 16 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:** Michael Burry's Scion Asset Management has doubled its stake in Estee Lauder EL.N, at a time when the beauty giant's new CEO is steering the company through a transformation to o...Reuters
Fri, May 16
Ellington Credit Co expected to post earnings of 27 cents a share - Earnings Preview
Ellington Credit Co EARN.N, EARN.K is expected to show a rise in quarterly revenue when it reports results on May 20 for the period ending March 31 2025The Old Greenwich Connecticut-based company is expected to report a 3,252.7% increase in revenue to $9.354 million from $279 thousand a year ago, ...Reuters
Fri, May 16
Cambium Networks Corp expected to post a loss of 15 cents a share - Earnings Preview
Cambium Networks Corp CMBM.OQ CMBM.O is expected to show a rise in quarterly revenue when it reports results on May 20 (estimated) for the period ending December 31 2024The Rolling Meadows Illinois-based company is expected to report a 6.1% increase in revenue to $42.639 million from $40.21 millio...Reuters
Fri, May 16
Voyager Technologies Files For IPO Of Class A Common Stock
May 16 (Reuters) - VOYAGER TECHNOLOGIES INC - FILES FOR IPO OF CLASS A COMMON STOCK - SEC FILINGVOYAGER TECHNOLOGIES INC - TO LIST ON NYSE UNDER SYMBOL 'VOYG' - SEC FILINGVOYAGER TECHNOLOGIES INC FILES FOR IPO OF CLASS A COMMON STOCK - SEC FILINGVOYAGER TECHNOLOGIES: MORGAN STANLEY, J.P. MO...Reuters
Fri, May 16
US Supreme Court maintains block on Trump deportations under wartime law
By Andrew ChungMay 16 (Reuters) - The U.S. Supreme Court on Friday kept in place its block on President Donald Trump's deportations of Venezuelan migrants under a 1798 law historically used only in wartime after their lawyers said the government was set to remove the men without judicial review ...Reuters
Fri, May 16
US Federal Reserve aims to trim staff by 10% in coming years
Fed aims to cut nationwide staff of 24,000 by about 10%Move comes as Trump downsizes and reshapes US government By Pete SchroederWASHINGTON, May 16 (Reuters) - The Federal Reserve plans to shrink its workforce by about 10% over the coming years, bringing the U.S. central bank in line with President...Reuters
Fri, May 16
