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Spirit Aero first-quarter revenue falls amid slower Boeing production
May 1 (Reuters) - Aerospace supplier Spirit AeroSystems SPR.N on Thursday reported a drop in first-quarter revenue, hurt by slower production across most programs at its key customer Boeing BA.N. Spirit said production on the Boeing 737 program was higher early in the first quarter of 2024 as it pre...Reuters
Thu, May 1
GoDaddy posts rise in quarterly revenue, announces $3 billion share buyback
May 1 (Reuters) - GoDaddy GDDY.N on Thursday reported a nearly 8% increase in first-quarter revenue, as the addition of artificial intelligence features boosted demand for its internet hosting services.The company also announced a share repurchase program of up to $3 billion through 2027.GoDaddy, wh...Reuters
Thu, May 1
Skyward Specialty’s Q1 UW gain jumps 15% to $28 million as GWP surges by 17%
By James ThalerMay 1 - (The Insurer) – Skyward Specialty’s first quarter underwriting gain improved by 15% to $28.48 million as the Houston, Texas-based company's core loss ratio improved by 40 basis points while its gross written premium growth surged by 16.7% to $535.32 million in the quarter....Reuters
Thu, May 1
Camden Property forecasts annual FFO below estimates
May 1 (Reuters) - Camden Property Trust CPT.N forecast its annual funds from operations (FFO) below Wall Street estimates on Thursday, as tariff-induced economic uncertainties may keep consumers away from purchasing new homes in the short term. The real estate investment trust expects 2025 FFO to...Reuters
Thu, May 1
US consumer watchdog asks court to scrap medical debt regulation
May 1 (Reuters) - The U.S. Consumer Financial Protection Bureau has joined with industry groups in asking a federal court to scrap a Biden-era regulation barring consumer credit reports from including medical debt, according to court papers.In a motion submitted on Wednesday in a Texas federal cour...Reuters
Thu, May 1
Motor racing-Piastri defends Norris after Jones's 'weak' jibe
By Matt MajendieMIAMI, May 1 (Reuters) - Oscar Piastri has leapt to the defence of McLaren teammate Lando Norris after the Briton was accused of being "weak" by ex-Formula One world champion Alan Jones.Jones lauded his fellow Australian as a future world champion after Piastri took the champ...Reuters
Thu, May 1
Trump administration files complaint against Illinois for encroaching on federal immigration authority
WASHINGTON, May 1 (Reuters) - U.S. President Donald Trump's administration has filed a complaint against Illinois, alleging that the state was encroaching on federal immigration authority, the U.S. Justice Department said on Thursday."This Department of Justice is committed to protecting Ame...Reuters
Thu, May 1
Exchange operator Cboe appoints Craig Donohue as CEO
May 1 (Reuters) - Cboe Global Markets CBOE.Z on Thursday named financial markets veteran, Craig Donohue, as the exchange operator's new chief executive officer, effective May 7. Outgoing CEO Fredric Tomczyk, who announced his departure earlier this year, will remain on the company's board. ...Reuters
Thu, May 1
New CIA videos aim to lure Chinese officials
By Michael Martina WASHINGTON, May 1 (Reuters) - The CIA on Thursday rolled out two Chinese-language videos aimed at enticing officials in China to leak secrets to the U.S., the latest public effort by the intelligence agency to ramp up human intelligence gathering on Washington's strategic r...Reuters
Thu, May 1
Juniper reports rise in quarterly revenue on robust networking gear demand
May 1 (Reuters) - Juniper Networks JNPR.N reported an 11% rise in first-quarter revenue on Thursday, driven by steady demand from cloud customers for its networking equipment, fueled by the artificial intelligence boom.The Sunnyvale, California-based company posted revenue of $1.28 billion for the q...Reuters
Thu, May 1
Stellantis Says Windsor Assembly Plant Will Observe A Down Week Week Of May 5 To Adjust Production To Complete Build Out Of 2025 Model Year Vehicles
May 1 (Reuters) - Stellantis NV STLAM.MI:STELLANTIS - WE ARE ADJUSTING PRODUCTION AT THE WINDSOR ASSEMBLY PLANT IN ORDER TO COMPLETE THE BUILD OUT OF THE 2025 MODEL YEAR VEHICLESSTELLANTIS NV - WINDSOR ASSEMBLY PLANT WILL OBSERVE A DOWN WEEK THE WEEK OF MAY 5Reuters
Thu, May 1
Judge in Meta case warns AI could 'obliterate' market for original works
Authors said Meta AI training infringed copyrightsMeta argues it made 'fair use' of writers' booksJudge says AI can create 'infinite' competing productsBy Blake Brittain May 1 (Reuters) - A skeptical federal judge in San Francisco on Thursday questioned Meta Platforms' MET...Reuters
Thu, May 1
Soccer-Blistering first-half display helps Man United earn stunning victory in Bilbao
By Peter HallBILBAO, Spain, May 1 (Reuters) - Three first-half goals helped Manchester United put themselves on the cusp of the Europa League final on Thursday, with the Premier League side earning a 3-0 semi-final first leg win away at Athletic Bilbao. In a raucous San Memes atmosphere, with suppor...Reuters
Thu, May 1
WRAPUP 1-Citadel, ExodusPoint, Schonfeld end rollercoaster April with gains
By Carolina Mandl and Nell Mackenzie NEW YORK/LONDON, May 1 (Reuters) - Global hedge funds ExodusPoint, Citadel, Schonfeld Strategic Advisors posted positive returns in a tumultuous April, when equities, bonds, currencies and commodities endured wild swings triggered by U.S. tariff announcements....Reuters
Thu, May 1
Motor racing-Doohan welcomes Briatore's no-nonsense approach
By Matt MajendieMIAMI, May 1 (Reuters) - Jack Doohan has welcomed boss Flavio Briatore’s no-nonsense approach amid rumours Sunday’s Miami Grand Prix could be his last for the Alpine Formula One team.Even prior to the opening race of the season, his home grand prix, the Australian has been dogged by ...Reuters
Thu, May 1
Canada lays 200 charges against ArcelorMittal for alleged violation of Fisheries Act
OTTAWA, May 1 (Reuters) - The Canadian government said on Thursday it laid 200 charges against steelmaker ArcelorMittal's MT.LU Canada unit for violating the country's Fisheries Act.The charges stem from several investigations launched by the Canadian environment ministry's enforcement o...Reuters
Thu, May 1
Dexcom beats quarterly sales estimates, reiterates annual forecast
May 1 (Reuters) - Medical device maker Dexcom DXCM.O beat first-quarter sales estimates helped by strong demand for its continuous glucose monitors (CGMs) used by patients with diabetes.Shares of the company rose 3.26% to $72.55 in after market trading. Increasing diabetes care awareness, wider ...Reuters
Thu, May 1
ANALYSIS-Tesla without Musk? Board faces unique challenge whether he stays or goes
Tesla board defends Musk amid investor concerns, report it considered replacing himFinding a new CEO would be extremely difficult, investors sayTesla’s stock value relies mostly on Musk’s promises of robotaxis, robotsBy Rachael Levy, Abhirup Roy, Isla Binnie May 1 (Reuters) - Tesla's TSLA.O b...Reuters
Thu, May 1
Jordanian sentenced to six years in US prison for anti-Israel attacks
By Kanishka Singh WASHINGTON, May 1 (Reuters) - A Jordanian national in Orlando, Florida, was sentenced to six years in U.S. federal prison for threats against and attacks on businesses over their perceived support for Israel, the U.S. Justice Department said on Thursday.WHY IT'S IMPORTANTRig...Reuters
Thu, May 1
THE DAY AHEAD-North America, May 2
To access a PDF version of this newsletter, please click here You can read The Day Ahead via TOPNEWS - U.S Companies or Canada page. If you would like to receive this newsletter through your email, please register at: https://solutions.lseg.com/TDA-subscription-page For Morning News Call U.S. -- a...Reuters
Thu, May 1
