News
Important Only
Goldman Sachs expects Fed to cut rates thrice in late 2025, twice more in 2026
Aug 13 (Reuters) - Goldman Sachs' GS.N research arm said on Wednesday that it expects the U.S. Federal Reserve to deliver three 25 basis point interest rate cuts in the back half of 2025 and two more in 2026 for a terminal rate range between 3-3.25%.Reuters
Wed, Aug 13
Inside Debt - August 13
To access a PDF version of this newsletter, please click hereYou can read Inside Debt via TOPNEWS Fixed Income page.If you would like to receive this newsletter through your email,please register at: https://solutions.lseg.com/Inside-Debt-Subscription-pageFor an index of our newsletters click on NEW...Reuters
Wed, Aug 13
Kimball Electronics Q4 sales beat estimates
OverviewKimball Electronics Q4 net sales rise 2% sequentially, beating analyst expectationsAdjusted EPS for Q4 beats estimates, reflecting strong operational performanceCo repurchased 162,000 shares, indicating confidence in financial stabilityOutlookKimball Electronics sees FY26 net sales of $1.35 ...Reuters
Wed, Aug 13
WRAPUP 3-Trump threatens 'severe consequences' if Putin blocks Ukraine peace
Trump meets Putin on Friday to discuss war in UkraineTrump praises call with Zelenskiy, European leaders Macron says no territorial swap schemes on tableEurope and Kyiv feared decisions being made over their headsRussia says its war aims remain unchangedBy Andrea Shalal, Thomas Escritt and Tom Balmf...Reuters
Wed, Aug 13
Promis Neurosciences Inc Files For Mixed Shelf Of Up To $50 Million – SEC Filing
Aug 13 (Reuters) - ProMIS Neurosciences Inc PMN.O:PROMIS NEUROSCIENCES INC FILES FOR MIXED SHELF OF UP TO $50 MILLION – SEC FILINGPROMIS NEUROSCIENCES : SALES AGREEMENT PROSPECTUS COVERING OFFERING OF UP TO $17.99 MILLION OF COMMON SHARES THAT MAY BE ISSUED FROM TIME TO TIMESource text: [ID:n0001558...Reuters
Wed, Aug 13
Air T Q1 revenue rises
OverviewAir T fiscal Q1 revenue rises 7% to $70.9 mlnOperating income improves to $0.4 mln from a loss last yearAdjusted EBITDA increases to $1.5 mln, driven by Ground Support Equipment salesOutlookCompany did not provide specific financial guidance for future periods in the press releaseResult Driv...Reuters
Wed, Aug 13
Trump wants to extend federal control over Washington police
Trump says Washington action could be model for similar steps in other cities800 National Guard troops deployed to cityTrump claims Washington is plagued by crime despite statistics showing decline in violent crimeBy Andrea Shalal and Nandita Bose WASHINGTON, Aug 13 (Reuters) - U.S. President Don...Reuters
Wed, Aug 13
Kbr Wins Nasa Contract Worth Up To $3.6 Billion To Support Astronaut Health
Aug 13 (Reuters) - KBR Inc KBR.N:KBR AWARDED AN ESTIMATED $2.459 BILLION CONTRACT TO SUPPORT ASTRONAUT HEALTH AND PERFORMANCE FOR SPACE MISSIONSKBR INC - CONTRACT STARTS NOV. 1, MAY EXTEND THROUGH 2035KBR INC - TOTAL ESTIMATED CONTRACT VALUE INCLUDING OPTIONS IS $3.6 BILLIONReuters
Wed, Aug 13
Sarepta Advances SIRNA Partnership and Sells Stake in Arrowhead
Aug 13 (Reuters) - Sarepta Therapeutics Inc SRPT.O:SAREPTA THERAPEUTICS ANNOUNCES ADVANCEMENT OF SIRNA COLLABORATION AND SALE OF ARROWHEAD EQUITY INVESTMENTSAREPTA THERAPEUTICS INC - SAFETY REVIEW TRIGGERS $100 MILLION MILESTONE PAYMENTSAREPTA THERAPEUTICS INC - SELLS $174 MILLION ARROWHEAD STOCKSAR...Reuters
Wed, Aug 13
US appeals court lets Trump cut billions in foreign aid
Court lifts injunction on Trump's foreign aid freezeNonprofits' lawsuit against aid freeze dismissed by appeals courtDissenting judge warns of executive overreach and constitutional concernsBy Jan Wolfe WASHINGTON, Aug 13 (Reuters) - A federal appeals court on Wednesday lifted an injuncti...Reuters
Wed, Aug 13
GEO Group loses latest bid to nix $23 mln verdict over immigrant detainee pay
By Daniel Wiessner Aug 13 (Reuters) - Private prison operator GEO Group must pay more than $23 million to the state of Washington and hundreds of immigrant detainees who were paid $1 a day to participate in a work program, a U.S. appeals court ruled on Wednesday.The full 9th U.S. Circuit Court of...Reuters
Wed, Aug 13
Brazil's Supreme Court elects next chief justice, Moraes to serve as deputy
By Ricardo Brito BRASILIA, Aug 13 (Reuters) - Brazil's Supreme Court on Wednesday elected Edson Fachin for a two-year term as chief justice starting in late September, while Alexandre de Moraes, who has been recently targeted by U.S. sanctions, was tapped as his deputy.WHY IT'S IMPORTANTF...Reuters
Wed, Aug 13
Crescent Capital BDC reports Q2 net investment income of $0.46/share
OverviewCrescent Capital BDC Q2 net investment income at $0.46/share, net income $0.41/shareNet asset value per share declined to $19.55 from $19.62 in prior qtrCo authorizes $20 mln stock repurchase program below NAVResult DriversINVESTMENT INCOME - Increase in investment income to $43.0 mln, drive...Reuters
Wed, Aug 13
Orezone Gold Corporation Q2 adjusted EPS meets expectations
OverviewAdjusted EPS for Q2 meets analyst expectations, per LSEG dataOutlookOrezone expects Stage 1 expansion to boost 2026 gold output to 170,000-185,000 ozStage 2 expansion to increase annual production to 220,000-250,000 oz by Q4-2026Result DriversHIGHER AISC - Elevated AISC due to increased roya...Reuters
Wed, Aug 13
Fidelis Insurance posts Q2 net income of $19.7 mln
OverviewFidelis Q2 GPW rises to $1.2 bln, combined ratio at 103.7% due to adverse developmentNet income for Q2 at $19.7 mln, operating net income at $13.6 mlnTotal capital returned to shareholders $99.6 mln, including $88.7 mln in buybacksResult DriversAVIATION LITIGATION - Adverse development from ...Reuters
Wed, Aug 13
Slide shares drop 9% after Q2 results, CEO says looking to expand in New York, New Jersey and California
By Keira WingateAug 13 - (The Insurer) - Slide Insurance's share price closed down 9.3% on Wednesday after it reported second-quarter results, while its CEO on its first earnings call as a public company said the Florida-based coastal specialist is eyeing expansion outside of its home state.Gros...Reuters
Wed, Aug 13
Drilling Tools Q2 revenue rises misses estimates
OverviewDrilling Tools Q2 revenue rises 5% yr/yr but missed analyst expectations, per LSEG dataCompany reports Q2 net loss of $2.4 mln, adjusted net loss $725,000Eastern Hemisphere revenue grows 46% qtr/qtr, contributing 14% of total revenueOutlookDrilling Tools International maintains 2025 revenue ...Reuters
Wed, Aug 13
THE DAY AHEAD-North America, August 14
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-pageFor Morning News Call U.S. -- a prev...Reuters
Wed, Aug 13
Uruguay's DLocal Q2 revenue up 50%, beats analyst expectations
OverviewDLocal Q2 2025 revenue up 50% yr/yr, beating analyst expectations, per LSEG dataAdjusted EBITDA for Q2 2025 rises 64% yr/yr, beating analyst expectations, per LSEG dataCompany raises full-year 2025 guidance for TPV, revenue, gross profit, and adjusted EBITDAOutlookDlocal raises 2025 TPV grow...Reuters
Wed, Aug 13
