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US bank earnings, cooling inflation boost Japan's Nikkei, but firm yen caps gains
By Kevin Buckland TOKYO, Jan 16 (Reuters) - Japan's Nikkei share average climbed on Thursday, tracking a rally on Wall Street amid robust U.S. bank earnings and a cooling in core consumer inflation.The Nikkei .N225 added 0.28% to 38,551.96 as of the midday recess, setting it up to snap a five-day...Reuters
Thu, Jan 16
GLOBAL MARKETS-Stocks rise with US rate cuts back in view; yen at one-month high
Asian stocks surge boosted by tech stocks Yen rises to one-month high on growing rate hike wagersDollar eases after cool US inflation revives rate cut hopesUS earnings kick off with strong showing by banksUpdates after Asia openBy Ankur Banerjee and Sinéad Carew SINGAPORE/NEW YORK, Jan 16 (Reuter...Reuters
Thu, Jan 16
INDIA STOCKS-Indian shares set to open higher after US inflation relief
Jan 16 (Reuters) - Indian shares are set for a positive start on Thursday, tracking other Asian peers, after U.S. core inflation rose less than expected in December, raising hopes for further easing by the Federal Reserve.The GIFT Nifty futures GIFc1 were trading at 23,398.5 as of 7:49 a.m. IST, ind...Reuters
Thu, Jan 16
LG Display Unveils 4th-Generation OLED Panel Optimized for AI Era
SEOUL, South Korea, Jan. 16, 2025 /PRNewswire/ -- LG Display, the world's leading innovator of display technologies, continues to lead the way in large-sized OLED technology by unveiling its fourth-generation OLED TV panel. 33% brighter than the previous generation and optimized for the AI TV era, i...PR Newswire
Thu, Jan 16
REFILE-UPDATE 3-Hindenburg founder to close short-seller behind Adani, Nikola selloffs
Refiles to remove erroneous "short" in paragraph 1Founder Anderson mentions 'all-encompassing' nature of the work as a reasonAmong his best-known shorts is a bet against electric truck maker NikolaShort-seller says he plans to open-source his methodology over the next months By Carolina Mandl, Prita...Reuters
Thu, Jan 16
Synovus Financial Corp reports results for the quarter ended December 31 - Earnings Summary
Synovus Financial Corp SNV.N reported quarterly adjusted earnings of $1.25 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $1.06. The mean expectation of seventeen analysts for the quarter was for earnings of $1.15 per share. W...Reuters
Thu, Jan 16
1 Hypergrowth Tech Stock to Buy in 2025
It never hurts to plan ahead.One of the greatest hypergrowth stocks on the market is a terrible buy right now, but that should change in 2025. An overheated stock price should cool down in the next few months, while the underlying long-term success story remains.Where to invest $1,000 right now? Our...The Motley Fool
Wed, Jan 15
Citigroup (C) Q4 2024 Earnings Call Transcript
Image source: The Motley Fool.Citigroup (NYSE: C)Q4 2024 Earnings CallJan 15, 2025, 11:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorHello and welcome to Citi's fourth quarter 2024 earnings call. Today's call will be hosted by Jenn Landis, ...The Motley Fool
Wed, Jan 15
Concentrix Corp reports results for the quarter ended November 30 - Earnings Summary
Concentrix Corp CNXC.OQ reported quarterly adjusted earnings of $3.26 per share for the quarter ended November 30, lower than the same quarter last year, when the company reported EPS of $3.36. The mean expectation of five analysts for the quarter was for earnings of $3.01 per share. Wall Street ...Reuters
Wed, Jan 15
UPDATE 3-DuPont to no longer separate water business, moves ahead with electronics spinoff
Adds details on financial results in last paragraph; updates sharesDuPont cancels planned spinoff of water businessCompany to speed up separation of electronics businessExpects to close transaction by November Jan 15 (Reuters) - Industrial materials maker DuPont DD.N said on Wednesday it no long...Reuters
Wed, Jan 15
H.B. Fuller Company reports results for the quarter ended November 30 - Earnings Summary
H.B. Fuller Company FUL.N reported quarterly adjusted earnings of 92 cents per share for the quarter ended November 30, lower than the same quarter last year, when the company reported EPS of $1.32. The mean expectation of six analysts for the quarter was for earnings of $1.00 per share. Wall Str...Reuters
Wed, Jan 15
Home BancShares Inc reports results for the quarter ended December 31 - Earnings Summary
Home BancShares Inc HOMB.N reported quarterly adjusted earnings of 50 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 48 cents. The mean expectation of eight analysts for the quarter was for earnings of 52 cents per share...Reuters
Wed, Jan 15
Wells Fargo (WFC) Q4 2024 Earnings Call Transcript
Image source: The Motley Fool.Wells Fargo (NYSE: WFC)Q4 2024 Earnings CallJan 15, 2025, 10:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorWelcome, and thank you for joining the Wells Fargo fourth-quarter 2024 earnings conference call. All li...The Motley Fool
Wed, Jan 15
William Penn Bancorp reports results for the quarter ended December 31 - Earnings Summary
William Penn Bancorp WMPN.OQ reported a quarterly adjusted loss of 9 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -2 cents. The lone analyst forecast for the quarter was for a loss of 6 cents per share. Revenue fell 8.4...Reuters
Wed, Jan 15
GLOBAL MARKETS-Stocks climb on US inflation reading, upbeat earnings
US stock indexes mark biggest daily gains since Nov. 6 Oil settles higher with sanction, stockpile draw supportU.S. dollar weakens against the yen Updates prices after U.S. stock market closeBy Sinéad Carew and Amanda Cooper NEW YORK/LONDON, Jan 15 (Reuters) - A global equities gauge rallied on W...Reuters
Wed, Jan 15
BUZZ-BigBear.ai up after appointing new CEO
** Shares of artificial intelligence firm BigBear.ai BBAI.N rise 4.4% to $3.54 in extended trading** Company appoints Kevin McAleenan as CEO and member of its board, effective immediately ** Current CEO Mandy Long will step down and transition to the role of company advisor ** McAleenan, at present,...Reuters
Wed, Jan 15
MORNING BID ASIA-Global inflation relief lifts bond yield gloom
By Jamie McGeever Jan 16 (Reuters) - A look at the day ahead in Asian markets. At last, some breathing room for investors after U.S. and UK inflation figures on Wednesday eased the vice-like grip that the soaring dollar and global bond yields had increasingly been exerting over markets.It is...Reuters
Wed, Jan 15
BRIEF-Flowco Holdings Announces Pricing Of Initial Public Offering
Jan 15 (Reuters) - Flowco Holdings FLOC.N:FLOWCO HOLDINGS INC. ANNOUNCES PRICING OF INITIAL PUBLIC OFFERINGFLOWCO HOLDINGS INC - PRICES IPO OF 17.8 MILLION SHARES AT $24.00 PER SHARESource text: ID:nBw1qFkwZaFurther company coverage: FLOC.N ((Reuters.Briefs@thomsonreuters.com;))Reuters
Wed, Jan 15
CANADA STOCKS-TSX posts biggest gain since November on US inflation data
Updates at market closeTSX ends up 0.8% at 24,789.30Posts biggest gain since Nov. 21Financials rise 1.2%Technology ends 2% higherBy Fergal Smith Jan 15 (Reuters) - Canada's main stock index rose on Wednesday, clawing back some recent declines, as data that showed underlying U.S. inflation cooled ...Reuters
Wed, Jan 15
US STOCKS-Wall St surges as inflation data, bank earnings fuel rally
US consumer prices rise slightly above expectations in DecJPMorgan, Wells Fargo, Goldman Sachs post higher Q4 profitsIsrael, Hamas reach peace deal to end Gaza war, officials sayIndexes up: Dow 1.65%, S&P 500 1.83%, Nasdaq 2.45%Adds trading volume, pricesBy Chuck Mikolajczak NEW YORK, Jan 15 (Reu...Reuters
Wed, Jan 15
