News
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BUZZ-LATAM Airlines gains altitude on record annual results
** Shares in Latin America's largest airline, carrier LATAM LTM.SN, climb 2% around mid-day in Santiago after reporting record annual results** Net income in the fourth quarter more than tripled to $272 million, from revenues which ticked up some 4%** "LATAM continues to show best-in-class f...Reuters
Fri, Jan 31
BUZZ-Phillips 66 shares fall after lower Q4 profit
Updates** Refiner Phillips 66's PSX.N shares down 2.3% at 118** On an adjusted basis, company reports Q4 loss of 15 cents/shr vs estimated loss of 23 cents/shr - LSEG data* On a reported basis, profit drops to $8 mln vs $1.26 bln due to lower refining margin and weak demand for refined products*...Reuters
Fri, Jan 31
BUZZ-Franklin Resources up after Q1 result beat
** Shares of investment manager Franklin Resources BEN.N up 2.09% at $20.57** Company reports adj. EPS of 59 cents, above analysts' estimates of 53 cents, according to data compiled by LSEG** Co also reports revenue of $2,251.6 mln, above analysts' estimates of $1,739 mln ** Long-term inflow...Reuters
Fri, Jan 31
South African rand weaker as markets brace for Trump tariffs
Updates prices as of 1447 GMT JOHANNESBURG, Jan 31 (Reuters) - South Africa's rand weakened on Friday against a buoyant dollar as markets awaited U.S. President Donald Trump's tariff deadline for Canada and Mexico.At 1447 GMT, the rand traded at 18.6350 against the dollar ZAR=D3, about 0....Reuters
Fri, Jan 31
BUZZ-Exxon reverses course as oil prices decline
Updates** Shares of US oil major Exxon Mobil XOM.N pare gains, now down ~1.6% to $107.84 in morning trade amid lower oil price environment** Oil prices also lower, with Brent crude futures LCOc1 down 0.4% and U.S. West Texas Intermediate (WTI) crude CLc1 down ~1% ** Exxon beats Q4 profit estimates o...Reuters
Fri, Jan 31
BUZZ-Energy firms fall on lower oil prices
** S&P 500 energy index .SPNY falls ~2% as oil prices dip** Brent crude futures LCOc1 down 0.4% at $76.59 a barrel; U.S. West Texas Intermediate (WTI) crude CLc1 falls ~0.9% to $72.08 a barrel ** U.S. oil majors Chevron CVX.N and Exxon XOM.N report results, with CVX missing Wall Stree...Reuters
Fri, Jan 31
BUZZ-Chevron falls after Q4 earnings miss
Updates** Shares of oil major Chevron CVX.N fall 4.5% to $149.32** Oil prices also fall, with Brent crude futures LCOc1 down 0.4% and U.S. West Texas Intermediate (WTI) crude CLc1 ~1%** Company posts Q4 adjusted profit of $2.06 per share vs. est. of $2.11 per share - data compiled by LSEG** CVX'...Reuters
Fri, Jan 31
US STOCKS-Wall St advances on Apple gains, in-line inflation reading
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.Chevron falls after missing Q4 results estimatesAtlassian jumps after upbeat Q3 revenue forecast December PCE price index data at 2.6% YoYIndexes up: Dow 0.26%, S&P 500 0.43%, Nasdaq 0.82%U...Reuters
Fri, Jan 31
Apple rises as rosy forecast lifts hopes for iPhone rebound
Updates shares, rewrites throughout Jan 31 (Reuters) - Apple shares rose 2% on Friday after a rosy forecast fuelled hopes of an iPhone sales rebound, even as tough competition and a lack of AI features weigh on demand in key market China.Already the world's most valuable company, Apple AAPL.O...Reuters
Fri, Jan 31
BUZZ-Microstrategy expects to raise $563 mln from preferred stock offering; shares slip
** Bitcoin buyer MicroStrategy MSTR.O shares edge down 1.1% to $337.05 ** Co prices its perpetual strike preferred stock offering at $80 per share** MSTR estimates net proceeds at around $563.4 million ** Co says preferred stock to pay dividends of 8% per year, with initial conversion price of $1,00...Reuters
Fri, Jan 31
BUZZ-Revvity falls on forecasting 2025 revenue, profit below estimates
** Shares of medical equipment maker Revvity RVTY.N fall 2.4% to $123.75** Co forecast 2025 profit and revenue below estimates** Co forecast 2025 adj. profit to be in the range of $4.90 to $5.00 per share, compared with analysts' estimates of $4.99, as per data compiled by LSEG** Forecast 2025 r...Reuters
Fri, Jan 31
Exxon Mobil Corp reports results for the quarter ended December 31 - Earnings Summary
Exxon Mobil Corp XOM.N reported quarterly adjusted earnings of $1.67 per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $2.48. The mean expectation of twenty analysts for the quarter was for earnings of $1.56 per share. Wall Street...Reuters
Fri, Jan 31
Colgate-Palmolive EPS Up, Revenue Lags
Consumer goods manufacturer Colgate-Palmolive (NYSE:CL) reported mixed fourth-quarter and full-year 2024 earnings on Friday, Jan. 31. Adjusted earnings per share (EPS) for Q4 rose to $0.91, surpassing Wall Street consensus estimates of $0.89. However, revenue of $4.944 billion came in just short of ...The Motley Fool
Fri, Jan 31
BUZZ-Digihost Tech falls after raising about $5 mln private placement
** Shares of bitcoin miner Digihost Technology DGHI.V fall 8.2% to $3.36** DGHI says it is raising up to $5.35 million in a private placement** The placement includes ~2 mln shares and warrants for up to ~1 mln shares at a combined purchase price of $2.64** Combined purchase price is at a 27.8% disc...Reuters
Fri, Jan 31
GLOBAL MARKETS-Stocks tick up as Apple climbs, tariffs in focus
US stocks open higher; Apple up 4%Nasdaq has rebounded after Monday plungeCurrency markets brace for Canada, Mexico tariffsBy Harry Robertson LONDON, Jan 31 (Reuters) - Global stocks rose on Friday at the end of a volatile week for markets, as sentiment was buoyed by Apple's earnings report a...Reuters
Fri, Jan 31
BUZZ-Gentex Corp falls on quarterly profit miss
** Shares of auto-parts manufacturer Gentex Corp GNTX.O down 8.19% at $25.9** GNTX reports Q4 profit of $0.39 per share, below analysts' average estimate of $0.48, due to weakness in light vehicle production volumes - LSEG data** Posts Q4 net sales of $541.6 mln vs estimates of $599 mln** Co ex...Reuters
Fri, Jan 31
5 Top Stocks to Buy in February 2025
January has seen some turbulence in the stock market, but as I always say, it is not so much a stock market as it is a market of stocks, meaning there are always deals to be had.In today's video, I will look at five top stocks to buy in February 2025. One of them is Meta Platforms (NASDAQ: META). Re...The Motley Fool
Fri, Jan 31
CANADA STOCKS-TSX opens higher as gold mining shares advance; US tariffs loom
Jan 31 (Reuters) - Canada's main stock index opened higher on Friday, helped by gold mining shares, while investors wait to see if U.S. President Donald Trump follows through on his threat to impose tariffs on Canada and Mexico this weekend.At 9:31 a.m. ET (1431 GMT), the Toronto Stock Exchange&...Reuters
Fri, Jan 31
Chevron Corp reports results for the quarter ended December 31 - Earnings Summary
Chevron Corp CVX.N reported quarterly adjusted earnings of $2.06 per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $3.45. The mean expectation of eighteen analysts for the quarter was for earnings of $2.11 per share. Wall...
Reuters
Fri, Jan 31
