News
Important Only
GM appoints insider Duncan Aldred to lead North America business
May 5 (Reuters) - General Motors GM.N on Monday named insider Duncan Aldred the president of its North America business, effective immediately, days after the automotive manufacturer cut its 2025 profit forecast on concerns over U.S. tariffs.Aldred, who has been with GM for 33 years, was most recent...Reuters
Mon, May 5
Veracity’s Insurance Canopy now offering surety bonds
By Chris MunroMay 5 - (The Insurer) - Insurance Canopy has brought a new surety bond offering to market, with the small business-focused liability specialist distributing the product through its online platform.Pleasant Grove, Utah-based Insurance Canopy, which is part of MGA platform Veracity Insur...Reuters
Mon, May 5
TransAlta Corp expected to post earnings of 12 cents a share - Earnings Preview
TransAlta Corp TA.TO is expected to report resultson May 7 for the period ending March 31 2025LSEG's mean analyst estimate for TransAlta Corp is for earnings of 12 cents per share. The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "...Reuters
Mon, May 5
Netanyahu says new Gaza offensive will be intensive
JERUSALEM, May 5 (Reuters) - Israeli Prime Minister Benjamin Netanyahu said on Monday that a new offensive in Gaza will be an intensive military operation aimed at defeating Hamas, but stopped short of detailing just how much of the enclave's territory would be seized. "Population will be m...Reuters
Mon, May 5
CNA says US P&C rate increases accelerate to 5% in Q1 as overall loss cost trend steady at 6.5%
By David BullMay 5 - (The Insurer) – CNA CEO Doug Worman has provided detailed commentary on pricing across the carrier’s P&C book, with the overall rate increase picking up by a point to 4% and hitting its highest level in six quarters at 5% in the U.S., where said the effect of social inflatio...Reuters
Mon, May 5
Deals of the day-Mergers and acquisitions
May 5 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Monday: ** Skechers said it had agreed to be taken private by investment firm 3G Capital in a $9.4 billion deal, at a time when the footwear company grapples wit...Reuters
Mon, May 5
Perma-Fix Environmental Services Inc expected to post a loss of 14 cents a share - Earnings Preview
Perma-Fix Environmental Services Inc PESI.OQ PESI.O is expected to show a rise in quarterly revenue when it reports results on May 7 (estimated) for the period ending March 31 2025The Atlanta Georgia-based company is expected to report a 12.4% increase in revenue to $15.3 million from $13.62 milli...Reuters
Mon, May 5
US issues new Myanmar-related sanctions, Treasury Dept website shows
WASHINGTON, May 5 (Reuters) - The United States on Monday imposed fresh Myanmar-related sanctions, a posting on the Treasury Department's website showed.The sanctions targeted three Myanmar nationals and the Karen National Army organization, the posting said.Reuters
Mon, May 5
MetaVia Inc expected to post a loss of 60 cents a share - Earnings Preview
MetaVia Inc MTVA.OQ MTVA.O is expected to show no change in quarterly revenue when it reports results on May 7 (estimated) for the period ending March 31 2025LSEG's mean analyst estimate for MetaVia Inc is for a loss of 60 cents per share. The current average analyst rating on the shares is &#...Reuters
Mon, May 5
Centuri Holdings Inc expected to post a loss of 15 cents a share - Earnings Preview
Centuri Holdings Inc CTRI.N, CTRI.K is expected to report resultson May 7 for the period ending March 31 2025The Phoenix Arizona-based company is expected to report revenue of $539.78 million, according to the mean estimate from 4 analysts, based on LSEG data.LSEG's mean analyst estimate for C...Reuters
Mon, May 5
Fortis Inc expected to post earnings of 98 cents a share - Earnings Preview
Fortis Inc FTS.TO is expected to show a rise in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The St. Johns Newfoundland And Labrador-based company is expected to report a 6.1% increase in revenue to C$3.309 billion from C$3.12 billion a year ago, according...Reuters
Mon, May 5
Barrick Gold Corp expected to post earnings of 29 cents a share - Earnings Preview
Barrick Gold Corp ABX.TO is expected to show a rise in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The Toronto Ontario-based company is expected to report a 12.7% increase in revenue to $3.096 billion from $2.75 billion a year ago, according to the mean e...Reuters
Mon, May 5
RAPT Therapeutics Inc expected to post a loss of 13 cents a share - Earnings Preview
RAPT Therapeutics Inc RAPT.OQ RAPT.O is expected to show no change in quarterly revenue when it reports results on May 7 (estimated) for the period ending March 31 2025LSEG's mean analyst estimate for RAPT Therapeutics Inc is for a loss of 13 cents per share. The current average analyst rating...Reuters
Mon, May 5
Oscar Health Inc expected to post earnings of 79 cents a share - Earnings Preview
Oscar Health Inc OSCR.N, OSCR.K is expected to show a rise in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The New York City-based company is expected to report a 33.6% increase in revenue to $2.861 billion from $2.14 billion a year ago, according to the me...Reuters
Mon, May 5
Stella-Jones Inc expected to post earnings of C$1.16 a share - Earnings Preview
Stella-Jones Inc SJ.TO is expected to show a rise in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The Saint-laurent Quebec-based company is expected to report a 4.0% increase in revenue to C$805.971 million from C$775 million a year ago, according to the m...Reuters
Mon, May 5
Holley Inc expected to post earnings of 5 cents a share - Earnings Preview
Holley Inc HLLY.N, HLLY.K is expected to show a fall in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The Bowling Green Kentucky-based company is expected to report a 6.5% decrease in revenue to $148.294 million from $158.64 million a year ago, according to ...Reuters
Mon, May 5
Carisma Therapeutics Inc expected to post a loss of 10 cents a share - Earnings Preview
Carisma Therapeutics Inc CARM.OQ CARM.O is expected to show a rise in quarterly revenue when it reports results on May 7 (estimated) for the period ending March 31 2025The Philadelphia Pennsylvania-based company is expected to report a 9.7% increase in revenue to $3.725 million from $3.4 million a...Reuters
Mon, May 5
SmartRent Inc expected to post a loss of 4 cents a share - Earnings Preview
SmartRent Inc SMRT.N, SMRT.K is expected to show a fall in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The Phoenix Arizona-based company is expected to report a 20.6% decrease in revenue to $40.104 million from $50.49 million a year ago, according to the m...Reuters
Mon, May 5
Fortis Inc expected to post earnings of 97 cents a share - Earnings Preview
Fortis Inc FTS.TO is expected to show a rise in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The St. Johns Newfoundland And Labrador-based company is expected to report a 6.5% increase in revenue to C$3.322 billion from C$3.12 billion a year ago, according...Reuters
Mon, May 5
