News
Important Only
Marcus Corp expected to post a loss of 48 cents a share - Earnings Preview
Marcus Corp MCS.N, MCS is expected to show a rise in quarterly revenue when it reports results on May 6 for the period ending March 31 2025The Milwaukee Wisconsin-based company is expected to report a 1.0% increase in revenue to $139.894 million from $138.55 million a year ago, according to the me...Reuters
Fri, May 2
Trump says US economy in "transition," urges Fed to cut rates
May 2 (Reuters) - President Donald Trump on Friday said the U.S. economy is in a transition stage, citing strong employment and his tariff plan while reiterating his call for the U.S. Federal Reserve to lower its interest rate. "We’re only in a transition stage, just getting started!" he sai...Reuters
Fri, May 2
Fidelity National Information Services Inc expected to post earnings of $1.20 a share - Earnings Preview
Fidelity National Information Services Inc FIS.N, FIS is expected to show a rise in quarterly revenue when it reports results on May 6 for the period ending March 31 2025The Jacksonville Florida-based company is expected to report a 1.6% increase in revenue to $2.507 billion from $2.47 billion a y...Reuters
Fri, May 2
Prelude Therapeutics Inc expected to post a loss of 47 cents a share - Earnings Preview
Prelude Therapeutics Inc PRLD.OQ PRLD.O is expected to show no change in quarterly revenue when it reports results on May 5 (estimated) for the period ending March 31 2025LSEG's mean analyst estimate for Prelude Therapeutics Inc is for a loss of 47 cents per share. The current average analyst ...Reuters
Fri, May 2
Street View: Eli Lilly well positioned in weight-loss market despite CVS's decision
** Eli Lilly LLY.N on Thursday downplayed CVS Health's CVS.N decision to drop the company's obesity drug Zepbound from some lists of medicines it covers for reimbursement** CVS said it would drop coverage from July 1, but keep reimbursing for rival GLP-1 weight-loss drug Wegovy after negotia...Reuters
Fri, May 2
Harmony Biosciences Holdings Inc expected to post earnings of 59 cents a share - Earnings Preview
Harmony Biosciences Holdings Inc HRMY.OQ HRMY.O is expected to show a rise in quarterly revenue when it reports results on May 6 for the period ending March 31 2025The Plymouth Meeting Pennsylvania-based company is expected to report a 18.3% increase in revenue to $182.903 million from $154.62 mil...Reuters
Fri, May 2
Philip Morris to launch IQOS device in Fort Lauderdale, Florida
LONDON, May 2 (Reuters) - Philip Morris International PM.N said on Friday it will launch its IQOS heated tobacco device in Fort Lauderdale, Florida, the second U.S. city targeted by the cigarette maker in its tentative steps towards a national roll out.PMI began selling IQOS, at the core of its effo...Reuters
Fri, May 2
Cigna raises full-year profit forecast, latest to beat medical cost estimates
May 2 (Reuters) - Cigna CI.N on Friday raised its full-year earnings forecast and beat estimates for quarterly profit, helped by strong performance in its pharmacy benefit management business and lower-than-expected medical costs in its insurance arm.It is the latest health insurer to outperform est...Reuters
Fri, May 2
Aligos Therapeutics Inc expected to post a loss of $2.80 a share - Earnings Preview
Aligos Therapeutics Inc ALGS.OQ ALGS.O is expected to show a fall in quarterly revenue when it reports results on May 6 for the period ending March 31 2025The South San Francisco California-based company is expected to report a 66.2% decrease in revenue to $333.33 thousand from $986 thousand a yea...Reuters
Fri, May 2
Spotify's US app update gets Apple approval after court ruling
May 2 (Reuters) - Spotify SPOT.N said on Friday its U.S. app update has secured Apple's AAPL.O approval to show pricing information and external payment links, days after a judge barred the iPhone maker from charging commission on off-app purchases.The Swedish streaming giant, along with several...Reuters
Fri, May 2
Shopify Inc expected to post earnings of 26 cents a share - Earnings Preview
Shopify Inc SHOP.OQ, SHOP.O is expected to show a rise in quarterly revenue when it reports results on May 6 (estimated) for the period ending March 31 2025The Ottawa Ontario-based company is expected to report a 25.3% increase in revenue to $2.332 billion from $1.86 billion a year ago, according ...Reuters
Fri, May 2
Progressive Corp expected to post earnings of $3.48 a share - Earnings Preview
Progressive Corp PGR.N, PGR is expected to show a rise in quarterly revenue when it reports results on May 6 for the period ending June 30 2025The Village Of Mayfield Ohio-based company is expected to report a 18.5% increase in revenue to $21.206 billion from $17.9 billion a year ago, according to...Reuters
Fri, May 2
INSIGHT-How Trump blindsided Netanyahu with his Iran nuclear gamble
Trump's pivot to diplomacy shocks Netanyahu, who sought U.S. backing for military strikeNetanyahu wants zero enrichment and dismantling of Iran's nuclear infrastructureIran open to expanded IAEA access, demands guarantees against future U.S. withdrawal from nuclear pactIran considers exporti...Reuters
Fri, May 2
Camden National Corp expected to post earnings of 99 cents a share - Earnings Preview
Camden National Corp CAC.OQ CAC.O is expected to show a fall in quarterly revenue when it reports results on May 6 for the period ending March 31 2025The Camden Maine-based company is expected to report a 18.1% decrease in revenue to $57.778 million from $70.51 million a year ago, according to the...Reuters
Fri, May 2
Immunic Inc expected to post a loss of 24 cents a share - Earnings Preview
Immunic Inc IMUX.OQ IMUX.O is expected to show no change in quarterly revenue when it reports results on May 6 (estimated) for the period ending March 31 2025LSEG's mean analyst estimate for Immunic Inc is for a loss of 24 cents per share. The current average analyst rating on the shares is &#...Reuters
Fri, May 2
Axis pursuing more selective property growth strategy after rates fall 7.1% in Q1
By Chris MunroMay 2 - (The Insurer) - Axis Capital is pursuing a more selective property insurance growth strategy amid heightened competition which led to rate reductions of 7.1% during the first three months of 2025, the carrier said on its quarterly earnings call on Thursday.The Bermuda-based com...Reuters
Fri, May 2
Brilliant Earth Group Inc expected to post breakeven results a share - Earnings Preview
Brilliant Earth Group Inc BRLT.OQ BRLT.O is expected to show a fall in quarterly revenue when it reports results on May 6 for the period ending March 31 2025The San Francisco California-based company is expected to report a 3.1% decrease in revenue to $94.35 million from $97.34 million a year ago,...Reuters
Fri, May 2
Telesat Corp expected to post a loss of C$1.84 a share - Earnings Preview
Telesat Corp TSAT.OQ, TSAT.O is expected to show a fall in quarterly revenue when it reports results on May 6 for the period ending March 31 2025The Ottawa Ontario-based company is expected to report a 28.3% decrease in revenue to C$109.15 million from C$152.18 million a year ago, according to the...Reuters
Fri, May 2
Curis Inc expected to post a loss of $1.19 a share - Earnings Preview
Curis Inc CRIS.OQ CRIS.O is expected to show a rise in quarterly revenue when it reports results on May 6 for the period ending March 31 2025The Lexington Massachusetts-based company is expected to report a 24.4% increase in revenue to $2.596 million from $2.09 million a year ago, according to the...Reuters
Fri, May 2
Carlyle Group sells its entire stake in India's PNB Housing
May 2 (Reuters) - U.S. private equity firm Carlyle Group has sold its entire 10.44% stake in India's PNB Housing Finance PNBH.NS via block deals, according to an exchange filing on Friday.Carlyle was the second-largest shareholder in the non-banking finance company and held its stake via an affi...Reuters
Fri, May 2
