News
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TSMC to phase out 6-inch wafer production over two years
By Wen-Yee LeeTAIPEI, Aug 12 (Reuters) - Taiwan Semiconductor Manufacturing Co. (TSMC) 2330.TW will phase out its 6-inch wafer manufacturing business over the next two years and continue consolidating its 8-inch wafer production capacity to improve efficiency, the company said on Tuesday.The decisio...Reuters
Tue, Aug 12
Chicago Atlantic BDC Inc expected to post earnings of 36 cents a share - Earnings Preview
Chicago Atlantic BDC Inc LIEN.OQ LIEN.O is expected to show a rise in quarterly revenue when it reports results on August 14 for the period ending June 30 2025The New York City-based company is expected to report a 4,395.7% increase in revenue to $13.083 million from $291 thousand a year ago, acc...Reuters
Tue, Aug 12
Bragg Gaming Group Inc expected to post a loss of 5 cents a share - Earnings Preview
Bragg Gaming Group Inc BRAG.TO is expected to show a rise in quarterly revenue when it reports results on August 14 for the period ending June 30 2025The Toronto Ontario-based company is expected to report a 11.2% increase in revenue to €27.651 million from €24.86 million a year ago, according t...Reuters
Tue, Aug 12
New Fortress Energy seeks SEC extension to file quarterly report
Aug 12 (Reuters) - New Fortress Energy NFE.O said on Tuesday it has applied to the U.S. Securities and Exchange Commission for more time to file its report for the quarter ended June 30, citing ongoing talks over additional credit support required under one of its debt agreements.Reuters
Tue, Aug 12
Mink Therapeutics Inc expected to post a loss of 55 cents a share - Earnings Preview
Mink Therapeutics Inc INKT.OQ INKT.O is expected to show no change in quarterly revenue when it reports results on August 14 for the period ending June 30 2025LSEG's mean analyst estimate for Mink Therapeutics Inc is for a loss of 55 cents per share. The current average analyst rating on the ...Reuters
Tue, Aug 12
Iran says direct nuclear talks with US possible under suitable conditions, ISNA reports
DUBAI, Aug 12 (Reuters) - Iran could hold direct nuclear talks with the United States if conditions are met, first Vice President Mohammadreza Aref said on Tuesday, according to the Iranian Student News Agency, with him adding that demands for Tehran to entirely drop uranium enrichment were "a j...Reuters
Tue, Aug 12
Edible Garden AG Inc expected to post a loss of 74 cents 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 August 14 for the period ending June 30 2025The Belvidere New Jersey-based company is expected to report a 5.0% increase in revenue to $4.481 million from $4.27 million a year ago, accor...Reuters
Tue, Aug 12
NeuroOne Medical Technologies Corp expected to post a loss of 5 cents a share - Earnings Preview
NeuroOne Medical Technologies Corp NMTC.OQ NMTC.O is expected to show a rise in quarterly revenue when it reports results on August 14 for the period ending June 30 2025The Eden Prairie Minnesota-based company is expected to report a 120.4% increase in revenue to $1.82 million from $825.78 thousa...Reuters
Tue, Aug 12
ADVISORY-Alert from law firm tagged to WideOpenWest withdrawn
An alert on proposed acquisition of WideOpenWest WOW.N by its largest stockholder, private equity firm Crestview Partners, and investment firm DigitalBridge Investments was inadvertently filed from a law firm's press release and has been withdrawn.There will be no substitute.STORY_NUMBER:nTUA12...Reuters
Tue, Aug 12
Sagimet Biosciences Inc expected to post a loss of 51 cents a share - Earnings Preview
Sagimet Biosciences Inc SGMT.OQ SGMT.O is expected to show no change in quarterly revenue when it reports results on August 14 (estimated) for the period ending June 30 2025LSEG's mean analyst estimate for Sagimet Biosciences Inc is for a loss of 51 cents per share. The current average analys...Reuters
Tue, Aug 12
TSMC to phase out 6-inch wafer production over two years
By Wen-Yee LeeTAIPEI, Aug 12 (Reuters) - Taiwan Semiconductor Manufacturing Co (TSMC) 2330.TW will gradually exit its 6-inch wafer manufacturing business over the next two years and continue consolidating its 8-inch wafer production capacity to improve efficiency, the company said on Tuesday.The dec...Reuters
Tue, Aug 12
Fennec Pharmaceuticals Inc expected to post a loss of 4 cents a share - Earnings Preview
Fennec Pharmaceuticals Inc FENC.OQ FENC.O is expected to show a rise in quarterly revenue when it reports results on August 14 for the period ending June 30 2025The Research Triangle Park North Carolina-based company is expected to report a 31.0% increase in revenue to $9.516 million from $7.26 m...Reuters
Tue, Aug 12
DIARY-Political and General News Events from August 12
Aug 12 (Reuters) - For other diaries, please see:Political and General News POL/DIARYTop Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY ---------...Reuters
Tue, Aug 12
Kefir-maker Lifeway Foods Q2 sales rises, expects 2025 to mark strongest annual sales in its history
OverviewLifeway Foods Q2 net sales rises, beating analyst expectations, per LSEG dataNet income for Q2 beats analyst estimatesOutlookCo says unaudited estimated net sales for Q3 to date through August 11, 2025, reached $26.4 millionLifeway reiterates long-term target of $45–$50 mln Adjusted EBITDA f...Reuters
Tue, Aug 12
Former Fed bank president Bullard says he's talked with Bessent
Aug 12 (Reuters) - Former St. Louis Federal Reserve Bank President James Bullard, asked Tuesday if he was under consideration for the position of Fed chair, said he spoke with Treasury Secretary Scott Bessent last week and told him that he'd be "happy to proceed however they want to proceed....Reuters
Tue, Aug 12
Safe Bulkers, Inc. Announces Sale Of A 2006-Built Kamsarmax Class Dry-Bulk Vessel
Aug 12 (Reuters) - Safe Bulkers Inc SB.F:SAFE BULKERS, INC. ANNOUNCES SALE OF A 2006-BUILT KAMSARMAX CLASS DRY-BULK VESSELSAFE BULKERS INC - SELLS MV PEDHOULAS MERCHANT FOR $11.5 MILLIONSAFE BULKERS INC - AGGREGATE ORDERBOOK CONSISTS OF SIX VESSELS UNTIL 2027Reuters
Tue, Aug 12
Brazil's Natura Sees Less Favorable Business Environment Ahead
Aug 12 (Reuters) - Natura &Co Holding SA NATU3.SA:SEES HIGH PROBABILITY OF COMPLETING SALE PROCESS OF AVON INTERNATIONAL WITHIN 12 MONTHS: CEOSEES LESS FAVORABLE BUSINESS ENVIRONMENT AHEAD, WITH CONSUMPTION SLOWING IN BRAZIL AND UNDER PRESSURE IN MEXICO: CEOMEXICO GROSS MARGINS EXPECTED TO STABI...Reuters
Tue, Aug 12
China Demands Companies To Halt Nvidia Chip Orders Over Security Concerns- The Information
Aug 12 (Reuters) - CHINA DEMANDS COMPANIES TO HALT NVIDIA CHIP ORDERS OVER SECURITY CONCERNS- THE INFORMATIONCHINA’S INTERNET REGULATOR ORDERED BYTEDANCE, ALIBABA GROUP, TENCENT HOLDINGS TO SUSPEND THEIR PURCHASES OF NVIDIA CHIPS- THE INFORMATIONCHINA REGULATOR TOLD COMPANIES NEW CHIP PURCHASES TO ...Reuters
Tue, Aug 12
Anthropic offers AI chatbot Claude to US government for $1
Aug 12 (Reuters) - Amazon.com-backed AMZN.O Anthropic said on Tuesday it will offer its Claude AI model to the U.S. government for $1, joining a growing list of artificial intelligence startups proposing lucrative deals to win federal contracts. This comes days after OpenAI's ChatGPT, Goog...Reuters
Tue, Aug 12
