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Today’s Market Recap: Software Stock Rebound Drives U.S. Stocks Higher, Storage Sector Pulls Back, Dollar Rebounds to Four-Week High
TradingKey - Software stocks and other "victims" of AI panic fueled a rebound in US equities. Thomson Reuters (TRI) closed up over 11%, FactSet (FDS) rose nearly 6%, and Salesforce (CRM) gained more than 4%.
Del Monte Pacific Does Not Expect To Realise Any Recovery For Its Stake In U.S. Entities
Feb 25 (Reuters) - Del Monte Pacific Ltd DMPL.SI:DOES NOT EXPECT TO REALISE ANY RECOVERY IN RESPECT OF ITS EQUITY INTERESTS IN U.S. ENTITIESRECEIVED NOTICE ON 20 FEB FROM UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF NEW JERSEYSETTLEMENT EXPECTED TO BE IMPLEMENTED THROUGH A PROPOSED CHAPTER 11...Reuters
11 minutes ago
US Rep. Al Green escorted from House chamber during Trump speech
WASHINGTON, Feb 24 (Reuters) - Democratic U.S. Representative Al Green on Tuesday was escorted out of the House of Representatives chamber at the start of President Trump's State of the Union address, after he held high a protest sign.As Trump entered the House chamber, Green, a Texas Democrat, ...Reuters
26 minutes ago
With midterm elections looming, an unpopular Trump seeks a State of the Union reset
Trump to speak about Iran conflict and tout peace dealsPresident will argue Supreme Court erred on tariffsHis approval ratings dip over cost-of-living concernsBy Katharine Jackson and Joseph Ax WASHINGTON, Feb 24 (Reuters) - U.S. President Donald Trump declared that "this is the Golden Age of...Reuters
27 minutes ago
At Trump's State of the Union, Supreme Court justices in the spotlight
Trump assailed justices after they blocked his tariffsPresident called some justices "fools and lapdogs"Some justices typically attend State of the Union speechBy Jan Wolfe Feb 24 (Reuters) - President Donald Trump, who has excoriated the U.S. Supreme Court's decision striking down hi...Reuters
29 minutes ago
US Rep. Al Green escorted from House chamber during Trump speech
WASHINGTON, Feb 24 (Reuters) - Democratic U.S. Reprsentative Al Green of Texas on Tuesday was escorted out of the House of Representatives chamber at the start of President Trump's State of the Union address, after he held high a protest sign.Reuters
29 minutes ago
Fairfax Says Co. Launches C$650 Million Senior Notes Offering
Feb 24 (Reuters) - Fairfax Financial Holdings Ltd FFH.TO:FAIRFAX LAUNCHES C$650 MILLION SENIOR NOTES OFFERINGFAIRFAX FINANCIAL HOLDINGS LTD - ANNOUNCES C$400 MILLION SENIOR NOTES DUE 2036FAIRFAX FINANCIAL HOLDINGS LTD - ANNOUNCES ADDITIONAL C$250 MILLION SENIOR NOTES DUE 2055Reuters
55 minutes ago
MOZAYYX Acquisition Corp. Announces The Pricing Of Upsized $261,000,000 Initial Public Offering
Feb 24 (Reuters) - MOZAYYX Acquisition Corp MZYX_u.N:MOZAYYX ACQUISITION CORP. ANNOUNCES THE PRICING OF UPSIZED $261,000,000 INITIAL PUBLIC OFFERINGMOZAYYX ACQUISITION CORP: PRICES UPSIZED IPO AT $10.00 PER UNITFurther company coverage: [MZYX_u.N]Reuters
57 minutes ago
Canada's Element Fleet beats net revenue expectations on strong syndication
OverviewAutomotive fleet manager's Q4 net revenue beat analyst expectationsAdjusted EPS for Q4 missed analyst expectationsCompany completed acquisition of Car IQ in 2025, enhancing digital strategyOutlookElement projects 2026 net revenue growth of 8% to 10%Company expects 2026 adjusted EPS betwe...Reuters
an hour ago
US judge blocks search of Washington Post reporter's devices
By Jack Queen Feb 24 (Reuters) - A U.S. judge on Tuesday blocked federal prosecutors from searching devices seized from a Washington Post reporter as part of a leak investigation, saying he would review their contents for potential evidence. The FBI searched reporter Hannah Natanson’s home in Jan...Reuters
an hour ago
Paramount Welcomes WBD Board's Determination, To Engage Constructively To Deliver Benefits Of Paramount's Proposal To WBD Shareholders
Feb 24 (Reuters) - Netflix Inc NFLX.O:PARAMOUNT COMMENTS ON WARNER BROS. DISCOVERY BOARD'S DETERMINATION THAT PARAMOUNT PROPOSAL COULD REASONABLY BE EXPECTED TO LEAD TO A SUPERIOR PROPOSALPARAMOUNT SKYDANCE CORP - INCREASED PURCHASE PRICE TO $31.00 PER WBD SHARE IN CASH FOR 100% OF COMPANY,PARAM...Reuters
an hour ago
Japan's short-end bond yields fall on bets for slow rate hike
By Junko Fujita TOKYO, Feb 25 (Reuters) - Japan's shorter-dated bond yields fell further on Wednesday, as bets grew that the Bank of Japan may not hurry in raising rates after a report on Prime Minister Sanae Takaichi's concerns about policy tightening.The two-year yield JP2YTN=JBTC fell ...Reuters
an hour ago
Canada's BTB Real Estate reports decline in Q4 AFFO per unit
OverviewCanada real estate trust's Q4 rental revenue fell slightly yr/yrQ4 AFFO adjusted per unit fell 12.9% yr/yrOccupancy rate fell to 91.3% at year-end due to vacant industrial propertiesOutlookBTB expects to lease its vacant industrial properties in 2026Result DriversRENT RENEWAL RATES - Co ...Reuters
an hour ago
Senate Democrats blast Trump for failing to use sanctions to pressure Russia
US issued just one sanctions package in 2025, far fewer than alliesBiden administration announced at least 32 sanctions packages per yearEU sanctioned nearly 900 individuals and entities in 2025By Andrea Shalal WASHINGTON, Feb 24 (Reuters) - Democrats on the Senate Banking Committee on Tuesday bl...Reuters
an hour ago
California seeks injunction to stop Amazon's alleged stifling of price competition
Amazon allegedly pressures merchants to inflate pricesCalifornia AG says monitor needed to thwart bullyingTrial set for January 2027 in antitrust caseAmazon has said its practices benefit consumersAmazon calls Bonta's filing a distractionBy Jonathan Stempel Feb 24 (Reuters) - California asked...Reuters
an hour ago
Western Announces Ratification Of La-Kwa SA Muqw Forestry Limited Partnership And United Steelworkers Agreement
Feb 24 (Reuters) - Western Forest Products Inc WEF.TO:WESTERN ANNOUNCES RATIFICATION OF LA-KWA SA MUQW FORESTRY LIMITED PARTNERSHIP AND UNITED STEELWORKERS AGREEMENTWESTERN FOREST PRODUCTS INC - 6-YEAR COLLECTIVE AGREEMENT EXPIRES JUNE 14, 2030Reuters
2 hours ago
US House fails to pass aviation safety bill after Pentagon drops support
Legislation that would mandate ADS-B falls one vote short of passageNeeded two-thirds majority under fast-track rulesCritics of legislation said it could affect national securityVictims' families urge action after 67 killed in mid-air collision last yearBy David Shepardson WASHINGTON, Feb 24 ...Reuters
2 hours ago
