News
Important Only
Eli Lilly Expands Purdue University Collaboration With Up To $250 Million Investment Over Next 8 Years
May 9 (Reuters) - Eli Lilly and Co LLY.N:ELI LILLY: EXPANDS PURDUE UNIVERSITY COLLABORATION WITH UP TO $250 MILLION INVESTMENT OVER NEXT 8 YEARSELI LILLY: EARLIER AGREEMENT WITH PURDUE UNIVERSITY TO EXTEND WITH 4 NEW PROJECTS ADDED THROUGH 2032Reuters
Fri, May 9
Wolfspeed Adds Two Directors To Its Board
May 9 (Reuters) - Wolfspeed Inc WOLF.N:WOLFSPEED ADDS TWO SEASONED DIRECTORS TO ITS BOARDWOLFSPEED INC - APPOINTS PAUL WALSH AND MARK JENSEN TO BOARDWOLFSPEED INC - ENGAGED WITH LENDERS TO IMPROVE CAPITAL STRUCTUREWOLFSPEED INC - STACY SMITH TO LEAVE WOLFSPEED BOARD BEFORE 2025 MEETINGReuters
Fri, May 9
Metavia Announces $10 Million Private Placement Priced At-The-Market Under Nasdaq Rules
May 9 (Reuters) - MetaVia Inc MTVA.O:METAVIA ANNOUNCES $10.0 MILLION PRIVATE PLACEMENT PRICED AT-THE-MARKET UNDER NASDAQ RULESMETAVIA INC - OFFERING INCLUDES PURCHASE OF 9,479,345 SHARES AT $0.71 EACHReuters
Fri, May 9
Cue Biopharma Inc expected to post a loss of 15 cents a share - Earnings Preview
Cue Biopharma Inc CUE.OQ CUE.O is expected to show a fall in quarterly revenue when it reports results on May 12 (estimated) for the period ending March 31 2025The Boston Massachusetts-based company is expected to report a 26.2% decrease in revenue to $1.268 million from $1.72 million a year ago, ...Reuters
Fri, May 9
Investcorp Credit Management BDC Inc expected to post earnings of 11 cents a share - Earnings Preview
Investcorp Credit Management BDC Inc ICMB.OQ ICMB.O is expected to show a fall in quarterly revenue when it reports results on May 12 (estimated) for the period ending March 31 2025The New York City-based company is expected to report a 20.4% decrease in revenue to $5.271 million from $6.62 millio...Reuters
Fri, May 9
scPharmaceuticals Inc expected to post a loss of 30 cents a share - Earnings Preview
scPharmaceuticals Inc SCPH.OQ SCPH.O is expected to show a rise in quarterly revenue when it reports results on May 14 for the period ending March 31 2025The Burlington Massachusetts-based company is expected to report a 90.6% increase in revenue to $11.628 million from $6.1 million a year ago, ac...Reuters
Fri, May 9
RPT-BREAKINGVIEWS-US-UK trade deal offers fuzzy blueprint for others
By Gabriel Rubin and Neil Unmack WASHINGTON, May 8 (Reuters Breakingviews) - Over a month since unleashing his global trade war, Donald Trump has struck one modest deal. The pact with the United Kingdom, hastily announced by the American president on Thursday, has some benefits for the U.S. But n...Reuters
Fri, May 9
RPT-BREAKINGVIEWS-Gates can fill only so much of humanitarian void
By Robert CyranNEW YORK, May 8 (Reuters Breakingviews) - A nation populated by all those alive thanks to Bill Gates and his philanthropic organization would be the world’s 20th biggest, with 80 million residents. The Microsoft MSFT.O co-founder on Thursday vowed to redouble his efforts by giving awa...Reuters
Fri, May 9
RPT-BREAKINGVIEWS-Buyout barons struggle to heed Buffett doctrine
By Jonathan Guilford NEW YORK, May 8 (Reuters Breakingviews) - As Warren Buffett steps back, some of the world’s biggest money managers will try to keep building on his legacy. They already ape the outgoing Berkshire Hathaway BRKa.N CEO’s best idea, tapping insurance funds to invest. The harder ...Reuters
Fri, May 9
Trump says he is OK with Republicans raising taxes on the rich
WASHINGTON, May 9 (Reuters) - U.S. President Donald Trump on Friday said he would be "OK" if the Republican-led Congress raised the tax rate on the wealthiest Americans, but warned of political consequences."Republicans should probably not do it, but I’m OK if they do!!!" Trump wrote...Reuters
Fri, May 9
Phunware Inc expected to post a loss of 12 cents a share - Earnings Preview
Phunware Inc PHUN.OQ PHUN.O is expected to show a fall in quarterly revenue when it reports results on May 12 (estimated) for the period ending March 31 2025The Austin Texas-based company is expected to report a 26.7% decrease in revenue to $674.75 thousand from $921 thousand a year ago, according...Reuters
Fri, May 9
TMC the metals company Inc expected to post a loss of 4 cents a share - Earnings Preview
TMC the metals company Inc TMC.OQ TMC.O is expected to show no change in quarterly revenue when it reports results on May 14 for the period ending March 31 2025LSEG's mean analyst estimate for TMC the metals company Inc is for a loss of 4 cents per share. The current average analyst rating on ...Reuters
Fri, May 9
Enanta Pharmaceuticals Inc expected to post a loss of $1.14 a share - Earnings Preview
Enanta Pharmaceuticals Inc ENTA.OQ ENTA.O is expected to show a fall in quarterly revenue when it reports results on May 12 (estimated) for the period ending March 31 2025The Watertown Massachusetts-based company is expected to report a 6.5% decrease in revenue to $15.952 million from $17.05 milli...Reuters
Fri, May 9
Elicio Therapeutics Inc expected to post a loss of 83 cents a share - Earnings Preview
Elicio Therapeutics Inc ELTX.OQ ELTX.O is expected to show no change in quarterly revenue when it reports results on May 13 (estimated) for the period ending March 31 2025LSEG's mean analyst estimate for Elicio Therapeutics Inc is for a loss of 83 cents per share. The current average analyst r...Reuters
Fri, May 9
German bottling machine maker Krones sees only slight impact from tariffs in 2025
May 9 (Reuters) - Krones KRNG.DE, a German maker of bottling machines and other gear for the beverage industry, expects only a "very slight" influence of U.S. import tariffs on sales and earnings this year, its CEO told Reuters.About half of its machines sold in the U.S. were locally produce...Reuters
Fri, May 9
Pope Leo XIV to hold inauguration mass on May 18
VATICAN CITY, May 9 (Reuters) - Pope Leo XIV's formal inauguration Mass to mark his appointment will take place in St. Peter's Square on Sunday May 18, the Vatican said in a statement on Friday.The new pope, elected on Thursday, will hold his first general audience on May 21.Reuters
Fri, May 9
PRESS DIGEST-Canada - May 9
May 9 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL- Ottawa isn't willing to rush a new trade pact or exchange the ratified and binding United States-Mexico-Canada A...Reuters
Fri, May 9
Rezolute Inc expected to post a loss of 22 cents a share - Earnings Preview
Rezolute Inc RZLT.OQ RZLT.O is expected to show no change in quarterly revenue when it reports results on May 13 (estimated) for the period ending March 31 2025LSEG's mean analyst estimate for Rezolute Inc is for a loss of 22 cents per share. The current average analyst rating on the shares is...Reuters
Fri, May 9
Sellas Life Sciences Group Inc expected to post a loss of 10 cents a share - Earnings Preview
Sellas Life Sciences Group Inc SLS.OQ SLS.O is expected to report resultson May 12 (estimated) for the period ending March 31 2025LSEG's mean analyst estimate for Sellas Life Sciences Group Inc is for a loss of 10 cents per share. The current average analyst rating on the shares is "buy"...Reuters
Fri, May 9
