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DURECT Corp reports results for the quarter ended March 31 - Earnings Summary
DURECT Corp DRRX.OQ reported a quarterly adjusted loss of 13 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -25 cents. The mean expectation of three analysts for the quarter was for a loss of 12 cents per share. Wall Street...Reuters
Tue, May 13
US STOCKS-S&P 500, Nasdaq end higher on soft inflation data, trade optimism
Indexes: Dow down 0.64%, S&P 500 up 0.72%, Nasdaq up 1.61%S&P 500 turns positive YTD for first time in >2 monthsApril CPI at 2.3% YoY versus 2.4% estimateCoinbase soars after the stock's addition to the S&P 500UnitedHealth suspends forecast, CEO steps down, shares tumbleBy Sinéad ...Reuters
Tue, May 13
CANADA STOCKS-TSX adds to winning streak as energy shares climb
TSX ends up 0.3% at 25,616.86Posts highest close since February 19Energy adds 1.8% as oil settles 2.8% higherFormer banker chosen as natural resources ministerBy Fergal Smith May 13 (Reuters) - Canada's main stock index rose on Tuesday for a sixth straight day, helped by gains for energy and ...Reuters
Tue, May 13
Savara Inc reports results for the quarter ended March 31 - Earnings Summary
Savara Inc SVRA.OQ reported a quarterly adjusted loss of 12 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -11 cents. The mean expectation of seven analysts for the quarter was for a loss of 13 cents per share. Wall Street e...Reuters
Tue, May 13
Olema Pharmaceuticals Inc reports results for the quarter ended March 31 - Earnings Summary
Olema Pharmaceuticals Inc OLMA.OQ reported a quarterly adjusted loss of 36 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -56 cents. The mean expectation of four analysts for the quarter was for a loss of 51 cents per share...Reuters
Tue, May 13
American Eagle Outfitters falls after withdrawing annual forecast
** Apparel company American Eagle Outfitters' AEO.N shares fall 7.2% to $11.80 after hours** AEO withdraws 2025 forecasts due to "macro uncertainty"; says management is reviewing forward plans** Expects Q1 revenue of about $1.1 billion, down 5%; comparable sales expected to fall nearly 3...Reuters
Tue, May 13
Uber dips from record after $1 bln exchangeable notes deal unveiled
** Shares of Uber Technologies UBER.N down 1.1% at $90.75 post-market as ride-hailing firm seeks capital raise** San Francisco, California-based Uber announces private offering of $1 bln exchangeable notes due 2028** It plans to use net proceeds for general purposes, including potential strategic in...Reuters
Tue, May 13
IZEA Announces Intention To Commence A Modified Dutch Auction Tender Offer To Repurchase Up To $8.7M Of Its Common Stock
May 13 (Reuters) - IZEA Worldwide Inc IZEA.O:IZEA ANNOUNCES INTENTION TO COMMENCE A MODIFIED DUTCH AUCTION TENDER OFFER TO REPURCHASE UP TO $8.7M OF ITS COMMON STOCKIZEA WORLDWIDE INC - OFFER PRICE RANGE SET BETWEEN $2.30 AND $2.80 PER SHAREIZEA WORLDWIDE INC - OFFER COMMENCES MAY 16, 2025, EXPIRES ...Reuters
Tue, May 13
Klaviyo Announces Launch Of Proposed Secondary Offering Of Series A Common Stock
May 13 (Reuters) - Klaviyo Inc KVYO.N:KLAVIYO ANNOUNCES LAUNCH OF PROPOSED SECONDARY OFFERING OF SERIES A COMMON STOCKKLAVIYO INC - ANNOUNCES $372 MILLION SECONDARY OFFERING OF SERIES A COMMON STOCKKLAVIYO INC - CEO ANDREW BIALECKI TO SELL SHARES TO COVER TAX OBLIGATIONSReuters
Tue, May 13
American Eagle Outfitters withdraws annual forecasts
May 13 (Reuters) - American Eagle Outfitters AEO.N on Tuesday withdrew its annual forecasts due to macroeconomic uncertainty and reported preliminary first-quarter results that included a higher-than-planned adjusted operating loss.The company's shares were down 4% in extended trade.Reuters
Tue, May 13
EMERGING MARKETS-Latam assets gain as trade war tensions ease; Trump's Gulf tour on radar
MSCI Latin American currencies index near one-year highBrazil's central bank signals prolonged high ratesUS to remove Syria sanctions, secures Saudi Arabian investmentChina offers Latin America, Caribbean billions to rival US influenceBy Nikhil Sharma, Johann M Cherian and Purvi Agarwal May 1...Reuters
Tue, May 13
Edesa Biotech Inc expected to post a loss of 29 cents a share - Earnings Preview
Edesa Biotech Inc EDSA.OQ EDSA.O is expected to show no change in quarterly revenue when it reports results on May 15 (estimated) for the period ending March 31 2025LSEG's mean analyst estimate for Edesa Biotech Inc is for a loss of 29 cents per share. The one available analyst rating on the s...Reuters
Tue, May 13
LIVE MARKETS-Trade optimism powers stocks for second strong day
Main US indexes end mixed; Nasdaq, S&P 500 advance, Dow declinesTech leads S&P 500 sector gainers; Healthcare weakest groupDollar slides; gold gains; bitcoin up >2%; crude up >2.5%US 10-Year Treasury yield edges up to ~4.48%Welcome to the home for real-time coverage of markets brought ...Reuters
Tue, May 13
AST SpaceMobile Inc reports results for the quarter ended March 31 - Earnings Summary
AST SpaceMobile Inc ASTS.OQ reported a quarterly adjusted loss of 20 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -16 cents. The mean expectation of four analysts for the quarter was for a loss of 19 cents per share. Wall ...Reuters
Tue, May 13
Why Tesla Stock Jumped Today Even as Sales Continue to Plunge
Shareholders in Tesla (NASDAQ: TSLA) received more troubling news today. Not only did sales drop in the important China market in April, its business there has reportedly continued to decline this month.Yet shares jumped today. Tesla stock was 5.5% higher as of 2:58 p.m. ET. That reaction may have b...The Motley Fool
Tue, May 13
Why Topgolf Callaway Plunged Today
Topgolf Callaway (NYSE: MODG) shares were falling on Tuesday, down 13.4% as of 1:42 p.m. ET, despite the overall S&P 500 (SNPINDEX: ^GSPC) rallying about 1.1% at that time on the back of this morning's softer-than-expected inflation report. Topgolf Callaway reported earnings last night that actually...The Motley Fool
Tue, May 13
Atlanta Braves Holdings Inc reports results for the quarter ended March 31 - Earnings Summary
Atlanta Braves Holdings Inc BATRA.OQ reported a quarterly adjusted loss of 66 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -83 cents. The mean expectation of two analysts for the quarter was for a loss of 84 cents per sha...Reuters
Tue, May 13
Landstar System shares ease as results disappoint
** Shares of Landstar System LSTR.O are down 2.2% at $140.62 in afternoon trading Tues after the transportation services co earlier in the day reported weaker-than-expected earnings** LSTR also bucking broader trend in the mkt Tues, with the Nasdaq .IXIC last up about 1.9%** A Morningstar analyst wr...Reuters
Tue, May 13
Why Coinbase Global Stock Soared Today
Shares of Coinbase Global (NASDAQ: COIN) surged 23.8% higher at 2:30 p.m. ET on Tuesday, May 13. The operator of the leading cryptocurrency exchange in America will join the S&P 500 market index on its next update, scheduled for May 19.Why Coinbase is crashing the S&P 500 partyCoinbase will replace...The Motley Fool
Tue, May 13
