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Fashion retailer Hugo Boss posts Q1 beat, reiterates 2025 outlook
Posts Q1 revenue and EBIT above expectationsConfirms 2025 outlook despite tariff uncertaintiesSays subdued global consumer sentiment continues to weigh on the sectorShares are up 8.4%By Ozan ErgenayMay 6 (Reuters) - German fashion group Hugo Boss BOSSn.DE reported better-than-expected quarterly res...
Reuters
Tue, May 6
Here's Why NuScale Power Stock Is a Buy Before May 12
NuScale Power (NYSE: SMR) is trying to modernize the nuclear power industry. It has made significant progress on that front and is now working toward the commercialization of its product. Once it has its first customer, however, there could be a big change in the way Wall Street values the stock.If ...
The Motley Fool
Tue, May 6
2 Colossal Dow Stocks to Buy Hand Over Fist in May, and 1 to Avoid
For the last 129 years, the iconic Dow Jones Industrial Average (DJINDICES: ^DJI) has served as Wall Street's most front-and-center health barometer.When the Dow was incepted in the late 19th century, it was composed of one dozen (mostly) industrial companies. Over time, it's evolved into the ageles...
The Motley Fool
Tue, May 6
Social Security Needs Money. Here's What Lawmakers Can Do to Get It.
A program as important and popular as Social Security is bound to find its way into the news from time to time. But that doesn't mean everything you read about it is accurate.You may have read in various places that Social Security is on the brink of bankruptcy, and that the program is at risk of di...
The Motley Fool
Tue, May 6
UK's Alpha Group rises to record high as co rejects Corpay's offer
** Shares of British financial services provider Alpha Group International ALPH.L jump as much as 7.7% to an all-time high of 3,025 pence** Co says it has rejected an all-cash proposal from U.S.-based business payments firm Corpay CPAY.N ** Co did not disclose a reason for turning down the offer** ...
Reuters
Tue, May 6
Negative net leasing drags Castellum shares down
** Shares in Castellum CAST.ST slide 7% to nearly bottom of STOXX index .STOXX after the landlord posted weaker-than-expected Q1 results ** Handelsbanken analyst Johan Edberg point out that Castellum's result from property management of SEK 1.06 billion ($109.9 million) for the quarter missed...
Reuters
Tue, May 6
My 3 Favorite Stocks to Buy Right Now
Veteran investors know that the market's recent weakness is more of an opportunity than an omen. Sure, stocks may not have hit their ultimate bottom just yet. They're arguably closer to it than not, though. And five years from now, you won't care if you stepped in at the exact low. You'll just be gl...
The Motley Fool
Tue, May 6
UK's Anglo American falls after Peabody says may scrap deal to buy some coal assets
** Shares of Anglo American AAL.L down 1.5% at 2103.5 pence** Stock top loser on FTSE 100 index .FTSE ** Peabody Energy BTU.N says may terminate deal to buy Anglo's Australian steelmaking coal assets due to issues at Moranbah North mine** Anglo says does not believe mine stoppage constitutes a M...
Reuters
Tue, May 6
Deliveroo rises on $3.9 billion takeover deal with Doordash
** Shares of British meal delivery firm Deliveroo ROO.L up 2%, hitting an over 3-year high of 175.6 pence** Under deal, Doordash will buyout ROO for 180 pence per share or a total value of 2.9 billion pounds ($3.86 billion)** DoorDash says financial terms of the deal are final but reserved the right...
Reuters
Tue, May 6
We Just Witnessed the S&P 500 Do Something for Only the 14th Time Since 1988 -- and This Event Has an 85% Success Rate of Forecasting Future Stock Returns
Though there are a number of ways to grow your wealth, including buying real estate, purchasing commodities, or tucking your money into a Treasury bond, none of these other asset classes has come remotely close to matching the annualized return of stocks over the last century.While stocks are known ...
The Motley Fool
Tue, May 6
Gold hits two-week high on safe-haven demand ahead of Fed policy
Trump orders 100% tariff on foreign-made moviesFed's interest rate verdict on WednesdayTrump to announce pharmaceutical tariffs over next two weeksBy Anushree Mukherjee May 6 (Reuters) - Gold prices rose to a two-week high on Tuesday as concerns over U.S. President Donald Trump's tariff p...
Reuters
Tue, May 6
India's benchmarks trade lower on broad-based profit booking
** India's equity benchmarks NSE Nifty 50 .NSEI and BSE Sensex .BSESN fall 0.4% each on broad-based profit booking ** Cannot rule out consolidation and profit-taking after the recent rally, especially with developments regarding tariffs and geopolitical tensions still on the radar - Ajit Mishra,...
Reuters
Tue, May 6
UK Stocks-Factors to watch on May 6
May 6 (Reuters) - Britain's FTSE 100 .FTSE index is seen higher on Tuesday, with futures FFIc1 up 0.22%.* DELIVEROO: DoorDash DASH.O will buy British meal delivery firm Deliveroo ROO.L for 2.9 billion pounds ($3.85 billion), the companies said, as a part of the U.S. online delivery platform'...
Reuters
Tue, May 6
Recursion Pharmaceuticals Inc reports results for the quarter ended March 31 - Earnings Summary
Recursion Pharmaceuticals Inc RXRX.OQ reported a quarterly adjusted loss of 50 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -39 cents. The mean expectation of five analysts for the quarter was for a loss of 52 cents per sh...
Reuters
Tue, May 6
LIVE MARKETS-Europe before the bell: futures mixed
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com.EUROPE BEFORE THE BELL: FUTURES MIXEDEuropean futures are a mixed bag on Tuesday as traders assess a murky trade outlook while sifting...
Reuters
Tue, May 6
Cummins India slides after parent firm withdraws 2025 financial forecast
** Shares of Cummins India CUMM.NS fall as much as 7.8% to 2,711 rupees, last down 5.2% ** U.S.-based truck engine maker, Cummins CMI.N, parent firm of CUMM, withdrew its annual forecast on Monday on growing uncertainty generated by U.S. President Donald Trump's import tariffs ** CMI said its in...
Reuters
Tue, May 6
Artesian Resources Corp reports results for the quarter ended March 31 - Earnings Summary
Artesian Resources Corp ARTNA.OQ reported quarterly adjusted earnings of 53 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 43 cents. The lone analyst forecast for the quarter was for earnings of 35 cents per share. Revenue ...
Reuters
Tue, May 6
Midland States Bancorp Inc reports results for the quarter ended March 31 - Earnings Summary
Midland States Bancorp Inc MSBI.OQ reported quarterly adjusted earnings of 57 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 53 cents. The mean expectation of five analysts for the quarter was for earnings of 55 cents per s...
Reuters
Tue, May 6
Italy - Factors to watch on May 6
The following factors could affect Italian markets on Tuesday.Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*).For a complete list of diary events in Italy please click on IT/DIA.ECONOMYApril services PMI HCOB data (0745 GMT).DEBTItal...
Reuters
Tue, May 6
LIVE MARKETS-Dollar selling takes a breather
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com.DOLLAR SELLING TAKES A BREATHERInvestors are easing off heavy selling of the U.S. dollar after the Taiwan dollar TWD=TP led a dizzying...
Reuters
Tue, May 6
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