News
Important Only
Chewy CFO to step down, shares fall
** Shares of online pet products retailer Chewy CHWY.N down 4.5% at $37.79 ** Co says CFO David Reeder will be stepping down** "David will remain as CFO through our next earnings announcement in June and assist with an orderly transition as we undertake a search for his successor," CHWY says...Reuters
Mon, May 12
LIVE MARKETS-Did someone say "recession"?
Main US indexes jump; Nasdaq up ~3.4%, out frontCons Disc leads S&P 500 sector gainers; Defensives lagEuro STOXX 600 index up ~0.9%Dollar surges; crude up >3%; bitcoin off; gold slides >2.5%US 10-Year Treasury yield jumps to ~4.45%Welcome to the home for real-time coverage of markets broug...Reuters
Mon, May 12
US retailers rise after US, China agree to ease some tariffs for 90 days
** Shares of retailers surge in early trading after U.S. and China agree to ease some tariffs and a 90-day pause** "While a 30% tariff is still a significant hit to retailers’ margins, ... the tentative deal provides some breathing room as retailers gear up for back-to-school and holiday shoppin...Reuters
Mon, May 12
Copper miners rise after US and China agree to slash reciprocal tariffs
** Benchmark three-month copper CMCU3 on the London Metal Exchange up 1% at $9,528 a metric ton** Prices rose after the U.S. and China agreed to slash reciprocal tariffs, easing global recession fears** Shares of global mining giants Rio Tinto RIO.N and BHP Group BHP.N rise 2.8% and 3%, respectively...Reuters
Mon, May 12
Gold miners fall as US, China reach deal to cut tariffs
** Shares of gold miners fall, tracking dip in bullion prices GOL/** Spot gold down 2.5% at $3,239.54/ounce** Gold prices declined after the U.S. and China agreed to temporarily slash tariffs ** Top miners Newmont NEM.N and Barrick Mining ABX.TO down 4.7% and 4.8%, respectively** U.S.-listed shares ...Reuters
Mon, May 12
Centuri Holdings Inc reports results for the quarter ended March 31 - Earnings Summary
Centuri Holdings Inc CTRI.N reported a quarterly adjusted loss of 12 cents per share for the quarter ended March 31. The mean expectation of five analysts for the quarter was for a loss of 15 cents per share. Wall Street expected results to range from -20 cents to -11 cents per share.Revenue was ...Reuters
Mon, May 12
Imunon Inc reports results for the quarter ended March 31 - Earnings Summary
Imunon Inc IMNN.OQ reported a quarterly adjusted loss of 28 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -52 cents. The mean expectation of five analysts for the quarter was for a loss of 35 cents per share. Wall Street e...Reuters
Mon, May 12
Upland Software Inc reports results for the quarter ended March 31 - Earnings Summary
Upland Software Inc UPLD.OQ reported quarterly adjusted earnings of 23 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 19 cents. The mean expectation of three analysts for the quarter was for earnings of 17 cents per share. ...Reuters
Mon, May 12
Ramaco Resources Inc reports results for the quarter ended March 31 - Earnings Summary
Ramaco Resources Inc METC.OQ reported a quarterly adjusted loss of 19 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 5 cents. The mean expectation of three analysts for the quarter was for a loss of 22 cents per share. Wall ...Reuters
Mon, May 12
Tango Therapeutics Inc reports results for the quarter ended March 31 - Earnings Summary
Tango Therapeutics Inc TNGX.OQ reported a quarterly adjusted loss of 36 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -35 cents. The mean expectation of seven analysts for the quarter was for a loss of 35 cents per share. W...Reuters
Mon, May 12
Fox Corp rises on upbeat Q3 earnings, plan to launch 'Fox One' streaming service
** U.S. multinational media company Fox Corp's FOXA.O shares rise 5.2% to $52.84, highest since April 3** Beats Q3 adjusted profit estimates as co benefited from strong advertising driven by the Super Bowl** Co separately announced a new subscription-based streaming service "Fox One," se...Reuters
Mon, May 12
Life sciences firms climb after US and China agree to cut tariffs
** Shares of life sciences firms rise after U.S. and China agree to temporarily cut tariffs, easing trade tensions and recession fears** Shares of Bio-Techne TECH.O up 7.5%, Bio-Rad Laboratories BIO.N up 6.7%, QuidelOrtho QDEL.O up 6.1%, Thermo Fisher Scientific TMO.N up 5.5% and Danaher DHR.N up 4%...Reuters
Mon, May 12
Lincoln Educational Services Corp reports results for the quarter ended March 31 - Earnings Summary
Lincoln Educational Services Corp LINC.OQ reported quarterly adjusted earnings of 6 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -1 cents. The mean expectation of four analysts for the quarter was for a loss of 4 cents pe...Reuters
Mon, May 12
Macerich Co reports results for the quarter ended March 31 - Earnings Summary
Macerich Co MAC.N reported a quarterly adjusted loss of 20 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -59 cents. The mean expectation of eight analysts for the quarter was for a loss of 8 cents per share. Wall Street ex...Reuters
Mon, May 12
Lexeo Therapeutics Inc reports results for the quarter ended March 31 - Earnings Summary
Lexeo Therapeutics Inc LXEO.OQ reported a quarterly adjusted loss of 99 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -77 cents. The mean expectation of seven analysts for the quarter was for a loss of 78 cents per share. W...Reuters
Mon, May 12
Harvard Bioscience Inc reports results for the quarter ended March 31 - Earnings Summary
Harvard Bioscience Inc HBIO.OQ reported a quarterly adjusted loss of 1 cent per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 2 cents. The mean expectation of two analysts for the quarter was for a loss of 4 cents per share. Wall Str...Reuters
Mon, May 12
Surgery Partners rise after Q1 results
** Shares of surgical factory operator Surgery Partners SGRY.O rise 3.8% to $23 after Q1 results ** Co's Q1 revenue rises 8.2% to $776 mln from a year-ago ** Adj. EBITDA up 6.6% to $103.9 mln ** CFO Dave Doherty says Q1 results increase confidence to reaffirm FY guidance, amid uncertainty ** Nin...Reuters
Mon, May 12
LIVE MARKETS-Risk-on is off the leash
Main US indexes jump; Nasdaq up ~3.5, out frontCons Disc leads S&P 500 sector gainers; Defensives lagEuro STOXX 600 index up ~0.8%Dollar surges; crude up ~3%; bitcoin ~flat; gold slides >2.5%US 10-Year Treasury yield jumps to ~4.45%Welcome to the home for real-time coverage of markets brought...Reuters
Mon, May 12
Oil firms rise on US-China tariff reductions
** S&P 500 energy index .SPNY rise 3.7%, tracking jump in oil prices ** Brent crude futures LCOc1 up 3.3% at $65.99/barrel; U.S. West Texas Intermediate crude CLc1 climb 3.7% to $63.07/barrel** Oil prices rise after U.S. and China said they would ease some of their tariff measures, raising hopes...Reuters
Mon, May 12
