News
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Everspin Technologies Inc expected to post breakeven results a share - Earnings Preview
Everspin Technologies Inc MRAM.OQ MRAM.O is expected to show a fall in quarterly revenue when it reports results on April 30 for the period ending March 31 2025The Chandler Arizona-based company is expected to report a 13.4% decrease in revenue to $12.5 million from $14.43 million a year ago, acco...Reuters
Mon, Apr 28
AXIS Capital Holdings Ltd expected to post earnings of $2.69 a share - Earnings Preview
AXIS Capital Holdings Ltd AXS.N, AXS is expected to show a rise in quarterly revenue when it reports results on April 30 for the period ending March 31 2025The Pembroke Bermuda-based company is expected to report a 3.7% increase in revenue to $1.786 billion from $1.72 billion a year ago, accordin...Reuters
Mon, Apr 28
Plantro Announces Extension Of Tender Offer To Acquire Up To 15% Of Class A Limited Voting Shares Of Information Services Corporation
April 28 (Reuters) - Information Services Corp ISC.TO:PLANTRO LTD. ANNOUNCES EXTENSION OF TENDER OFFER TO ACQUIRE UP TO 15% OF CLASS A LIMITED VOTING SHARES OF INFORMATION SERVICES CORPORATIONPLANTRO: EXTENDED EXPIRY DATE OF TENDER OFFER FOR INFORMATION SERVICES CORP SHARES TO MAY 5Reuters
Mon, Apr 28
First Mid Bancshares Inc expected to post earnings of 94 cents a share - Earnings Preview
First Mid Bancshares Inc FMBH.OQ FMBH.O is expected to show a rise in quarterly revenue when it reports results on April 30 for the period ending March 31 2025The Mattoon Illinois-based company is expected to report a 5.2% increase in revenue to $58.352 million from $55.47 million a year ago, acco...Reuters
Mon, Apr 28
Hanover Insurance Group Inc expected to post earnings of $3.45 a share - Earnings Preview
Hanover Insurance Group Inc THG.N, THG is expected to show a rise in quarterly revenue when it reports results on April 30 for the period ending March 31 2025The Worcester Massachusetts Massachusetts-based company is expected to report a 6.6% increase in revenue to $1.55 billion from $1.45 billion...Reuters
Mon, Apr 28
AM Best: US P&C insurers generated high investment returns and exceeded cost of capital in 2024
By Isha MaratheApril 28 - (The Insurer) - U.S. property/casualty insurers generated high investment returns and were able to exceed their cost of capital in 2024 despite another year of elevated catastrophe losses, AM Best said.In a new report, AM Best said U.S. property casualty lines recorded an ...Reuters
Mon, Apr 28
Deals of the day - Mergers and acquisitions
April 28 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1930 GMT on Monday: ** Sabre Corp SABR.O said on Monday it will sell its hospitality software platform to asset manager TPG TPG.O for $1.1 billion and use the cash to pare its debt. nL4N3R615X ** NCC G...Reuters
Mon, Apr 28
Distinguished Programs hires Intact's Ferreira and Peters to lead new commercial surety program
By Isha MaratheApril 28 - (The Insurer) - Distinguished Programs has hired Miguel Ferreira and Brian Peters from Intact to lead its new commercial surety program, which is backed by a subsidiary of Core Specialty Insurance Holdings.The commercial surety division will offer customized bonding soluti...Reuters
Mon, Apr 28
US lawyer for Venezuelans held in El Salvador says government denied her access to clients
SAN SALVADOR, April 28 (Reuters) - A lawyer for ten Venezuelan men sent by the U.S. government to a prison in El Salvador says the Salvadoran government denied her access to meet with her clients.Kerry Kennedy, a human rights activist who is the daughter of assassinated U.S. politician Robert F. Ken...Reuters
Mon, Apr 28
TREASURIES-US yields slip further ahead of heavy data slate
NEW YORK, April 28 (Reuters) - U.S. Treasury yields eased to near three-week lows on Monday, marking the half-way unwind from this month's bond rout as a dearth of new tariff news allowed investors to zero in on impending economic data, crowned by Friday's payrolls report.Trading was more m...Reuters
Mon, Apr 28
Pirelli asserts independence from China's Sinochem as it seeks US expansion
Company says Rome's 'golden powers' mean Sinochem not in controlResolution opposed by five directors, including chairmanSinochem's stake seen as a hurdle for Pirelli's U.S. ambitionsSinochem says it's firmly opposed to the board's decisionBy Giulio Piovaccari MILAN, Ap...Reuters
Mon, Apr 28
After yield surge, US Treasury expected to keep auction sizes steady
Treasury expects to borrow $514 in second quarterInvestors focus on potential changes to auction sizesVolatility may prompt small cuts to longer-dated auctionsBy Karen Brettell NEW YORK, April 28 (Reuters) - The U.S. Treasury Department is expected to leave most of its auction sizes unchanged for...Reuters
Mon, Apr 28
US House panel proposes moving FTC antitrust work to DOJ in budget package
April 28 (Reuters) - The U.S. House of Representatives Judiciary Committee on Monday said it proposed transferring the Federal Trade Commission's antitrust work to the Department of Justice as part of a budget reconciliation package.The proposal would allocate funds for moving staff and cases fr...Reuters
Mon, Apr 28
US State Dept approves potential sale of Patriot Air Defense System to Romania
WASHINGTON, April 28 (Reuters) - The U.S. State Department has approved the potential sale of a Patriot Air Defense System and related equipment to Romania for $280 million, the Pentagon said in a statement on Monday.The principal contractors will be RTX Corp RTX.N and Lockheed Martin LMT.N, the Pen...Reuters
Mon, Apr 28
