News
Important Only
FedEx board member tapped to lead U.S. Postal Service
WASHINGTON, May 9 (Reuters) - The U.S. Postal Service Board on Friday said they have named FedEx board member and former CEO of Waste Management, as the new postmaster general after the White House pressured the prior leader to resign in March.Postal unions have raised sharp concerns about the selec...Reuters
Fri, May 9
Heritage adds $285 million of limit as it renews cat XoL program
By Chris MunroMay 9 - (The Insurer) - Heritage Insurance Holdings will enter the North Atlantic hurricane season with its insurance subsidiaries backed by a 2025/26 catastrophe excess of loss (XoL) reinsurance program that has had its limit increased by $285 million to $2.479 billion.In an update is...Reuters
Fri, May 9
Abeona Therapeutics Inc expected to post a loss of 36 cents a share - Earnings Preview
Abeona Therapeutics Inc ABEO.OQ ABEO.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 Abeona Therapeutics Inc is for a loss of 36 cents per share. The current average analyst r...Reuters
Fri, May 9
VerifyMe Inc expected to post a loss of 7 cents a share - Earnings Preview
VerifyMe Inc VRME.OQ VRME.O is expected to show a fall in quarterly revenue when it reports results on May 13 for the period ending March 31 2025The Lake Mary Florida-based company is expected to report a 11.6% decrease in revenue to $5.092 million from $5.76 million a year ago, according to the m...Reuters
Fri, May 9
J&J's oral psoriasis drug helps patients achieve clear skin in late-stage study
May 9 (Reuters) - Johnson & Johnson JNJ.N said on Friday its experimental psoriasis drug met the main goal of a late-stage study, as the once-daily pill helped patients achieve clear or almost clear skin.The drugmaker has been working on more convenient treatment options as its injectable psoria...Reuters
Fri, May 9
Bund yields rise to multi-week highs on trade hopes
UK-US trade deal spurs optimism for tariff de-escalationUS-Chinese officials to hold talks this weekendEuro zone growth environment worsening - Finnish central bankerBy Stefano Rebaudo May 9 (Reuters) - German Bund prices fell on Friday, pushing yields higher, as investors moved away from safe-ha...Reuters
Fri, May 9
Fennec Pharmaceuticals Inc expected to post a loss of 9 cents a share - Earnings Preview
Fennec Pharmaceuticals Inc FENC.OQ FENC.O is expected to show a fall in quarterly revenue when it reports results on May 13 for the period ending March 31 2025The Research Triangle Park North Carolina-based company is expected to report a 67.8% decrease in revenue to $8.181 million from $25.38 mil...Reuters
Fri, May 9
Edible Garden AG Inc expected to post a loss of $3.03 a share - Earnings Preview
Edible Garden AG Inc EDBL.OQ EDBL.O is expected to show a rise in quarterly revenue when it reports results on May 15 for the period ending March 31 2025The Belvidere New Jersey-based company is expected to report a 22.0% increase in revenue to $3.821 million from $3.13 million a year ago, accordi...Reuters
Fri, May 9
Jasper Therapeutics Inc expected to post a loss of $1.31 a share - Earnings Preview
Jasper Therapeutics Inc JSPR.OQ JSPR.O is expected to show no change in quarterly revenue when it reports results on May 12 (estimated) for the period ending March 31 2025LSEG's mean analyst estimate for Jasper Therapeutics Inc is for a loss of $1.31 per share. The current average analyst rati...Reuters
Fri, May 9
Y-mAbs Therapeutics Inc expected to post a loss of 21 cents a share - Earnings Preview
Y-mAbs Therapeutics Inc YMAB.OQ YMAB.O is expected to show a fall in quarterly revenue when it reports results on May 13 for the period ending March 31 2025The Princeton New Jersey-based company is expected to report a 1.6% decrease in revenue to $19.605 million from $19.93 million a year ago, acc...Reuters
Fri, May 9
Exclusive: Gallagher hires senior cyber broking executive Chopra from Lockton
By James ThalerMay 9 - (The Insurer) - Arthur J Gallagher has hired well-known cyber broking executive Akhil Chopra from Lockton, marking the latest prominent cyber talent move in recent weeks, multiple senior cyber sources told Cyber Risk Insurer.Chopra spent the last four years with Lockton as man...Reuters
Fri, May 9
Cellectar Biosciences Inc expected to post a loss of 16 cents a share - Earnings Preview
Cellectar Biosciences Inc CLRB.OQ CLRB.O is expected to show no change in quarterly revenue when it reports results on May 13 for the period ending March 31 2025LSEG's mean analyst estimate for Cellectar Biosciences Inc is for a loss of 16 cents per share. The current average analyst rating on...Reuters
Fri, May 9
Suspension of US-China tariffs possible during talks' duration, Swiss minister says
GENEVA, May 9 (Reuters) - The Swiss economy minister told reporters that it was a possibility that the U.S. and China agreed to a temporary suspension of customs during the course of their trade negotiations taking place in Geneva."We could imagine everything – we could imagine a mutual suspensi...Reuters
Fri, May 9
ACIC’s combined ratio worsens to 65% on higher policy acquisition costs
Q1 core income per diluted share drops to $0.42 from $0.50 prior periodCombined ratio deteriorates to 65.0% from 53.2% in the quarterPAC up on lower ceding commission income after QS lowered to 20% in June 2024 GWP up 7.2% to $197.9, from $184.6 million for the first quarter of 2024By Michael LoneyM...Reuters
Fri, May 9
Jaguar Health Inc expected to post a loss of $18.00 a share - Earnings Preview
Jaguar Health Inc JAGX.OQ JAGX.O is expected to show a rise in quarterly revenue when it reports results on May 12 (estimated) for the period ending March 31 2025The San Francisco California-based company is expected to report a 20.0% increase in revenue to $2.821 million from $2.35 million a year...Reuters
Fri, May 9
Essential Utilities Inc expected to post earnings of 81 cents a share - Earnings Preview
Essential Utilities Inc WTRG.N, WTRG.K is expected to show a rise in quarterly revenue when it reports results on May 12 for the period ending March 31 2025The Bryn Mawr Pennsylvania-based company is expected to report a 14.7% increase in revenue to $701.9 million from $612.07 million a year ago, ...Reuters
Fri, May 9
Chegg Inc expected to post breakeven results a share - Earnings Preview
Chegg Inc CHGG.N, CHGG.K is expected to show a fall in quarterly revenue when it reports results on May 12 for the period ending March 31 2025The Santa Clara California-based company is expected to report a 34.3% decrease in revenue to $114.607 million from $174.35 million a year ago, according to...Reuters
Fri, May 9
Nuwellis Inc expected to post a loss of 76 cents a share - Earnings Preview
Nuwellis Inc NUWE.OQ NUWE.O is expected to show a rise in quarterly revenue when it reports results on May 13 for the period ending March 31 2025The Eden Prairie Minnesota-based company is expected to report a 22.3% increase in revenue to $2.272 million from $1.86 million a year ago, according to ...Reuters
Fri, May 9
