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Sun Country Airlines descends to record low as CFO departs to head Spirit
** Shares of low-cost carrier Sun Country Airlines SNCY.O down 5.9% at $9.29 on Thurs as its finance chief leaves to take the reins at struggling rival Spirit Airlines SAVEQ.PK** SNCY shares slumped as much as 9.5% early Thurs to record low of $8.93** Spirit on Thurs appointed Dave Davis as new CEO,...
Reuters
Thu, Apr 17
Kinder Morgan rises as annual profit forecast remains unchanged
** Shares of Kinder Morgan KMI.N rise 1.6% to $27.35** The pipeline operator left its annual profit forecast unchanged on Wednesday, relying on the anticipated increase in natural gas demand, despite uncertainties from President Donald Trump's tariffs** KMI expects to post an adjusted profit of ...
Reuters
Thu, Apr 17
Oil firms rise after US issues new Iran sanctions
** S&P 500 energy index .SPNY rise 2.4%, tracking gains in crude prices O/R** Brent Crude futures LCOc1 up 1.3% at $66.69/barrel and U.S. West Texas Intermediate crude CLc1 rise 1.5% to $63.39/barrel** Crude prices rose to the highest in two weeks amid low liquidity ahead of the Easter holidays ...
Reuters
Thu, Apr 17
AmEx profit beats expectations as card spending holds up
By Arasu Kannagi Basil and Niket NishantApril 17 (Reuters) - American Express AXP.N beat Wall Street estimates for first-quarter profit on Thursday, as its affluent customers shrugged off fears of a slowdown to continue spending on travel and entertainment.The credit card giant also stuck to its pr...
Reuters
Thu, Apr 17
Seaport downgrades PayPal and Bill.com ahead of Q1 earnings on macro concerns
Investing.com -- Seaport Research downgraded PayPal (NASDAQ:PYPL) Holdings and Bill.com warning that new macroeconomic pressures, particularly tariffs, could weigh on the fintech sector starting in th
Investing.com
Thu, Apr 17
Global Payments' shares fall after $22.7 bln deal to buy Worldpay
** Shares of American payments technology company Global Payments GPN.N fall 16.6% to $70.16** GPN to buy payments processor Worldpay from private equity firm GTCR and Fidelity National Information Services FIS.N in $22.7 bln deal** Co to simultaneously sell its Issuer Solutions business to FIS for ...
Reuters
Thu, Apr 17
KeyCorp rises after higher Q1 profit
** KeyCorp's KEY.N shares up ~1.6% at $14.30** KEY reports higher Q1 net profit, boosted by higher interest income** Bank posts Q1 net profit of $370 mln, or 33 cents per share, compared with $183 mln, or 20 cents per share, in the year-ago period** Investment banking and debt placement fees at ...
Reuters
Thu, Apr 17
LIVE MARKETS-So-so Thursday: Housing starts, jobless claims, Philly Fed
S&P 500 ~flat, Nasdaq modestly red, Dow off >1.5%Healthcare weakest S&P sector; Energy leads gainersEuro STOXX 600 index off ~0.2%; ECB cuts rates 25bps to 2.25%Dollar ~flat; crude rallies ~1.5%; bitcoin slips; gold off ~1.5%US 10-Year Treasury yield edges up to ~4.30%Welcome to the home ...
Reuters
Thu, Apr 17
Chinese tea firm Chagee set to soar in Nasdaq debut after $411 million IPO
** Chinese tea firm Chagee's CHA.O shares likely to open 25% above offer price in its Nasdaq debut ** Stock recently indicated to open at $35 versus $28 IPO price ** Shanghai-based CHA sold ~14.7 million American depositary shares at the top end of its marketed range of $26 to $28 apiec...
Reuters
Thu, Apr 17
2 Top Bargain Stocks Ready for a Bull Run
Besting the market requires contrarian thinking. When stocks are falling and everyone around you is panicking, that's when you need to exhibit calm behavior and keep a long-term focus for your portfolio. Eventually, stock prices follow the business fundamentals, which is why falling prices create bu...
The Motley Fool
Thu, Apr 17
Tariffs Send Us to a Liminal Space
In this podcast, Motley Fool analysts Asit Sharma and Tim Beyers and host Mary Long discuss:How to make sense of "tariff buckets."What a French ethnographer can teach us about the current moment.Earnings from Goldman Sachs.Green flags you should love to see in a company.To catch full episodes of all...
The Motley Fool
Thu, Apr 17
CANADA STOCKS-TSX set for best week in 7 months; US-Japan trade talks in focus
By Ragini Mathur April 17 (Reuters) - Energy stocks led Canada's main stock index higher on Thursday, as investors took stock of U.S.-Japan trade negotiations, although sentiment remained fragile amid tariff uncertainties.Toronto Stock Exchange's S&P/TSX Composite Index .GSPTSE rose 0...
Reuters
Thu, Apr 17
Mitsubishi Heavy Industries joins Infosys-led JV in Japan, HIPUS
JV to accelerate business process transformation for enterprises leveraging digital procurement platforms BENGALURU, India and TOKYO, April 17, 2025 /PRNewswire/ -- Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, today announced Mit...
PR Newswire
Thu, Apr 17
Gold miners down as bullion prices edge lower
** Shares of gold miners down, tracking a fall in bullion prices GOL/** Spot gold XAU= down 0.9% at $3,312.19/ounce, after touching a record high of $3,357.40/ounce earlier in the session** Bullion has gained nearly 3% this week** Gold prices eased after a sharp rise in the previous session as inves...
Reuters
Thu, Apr 17
Infosys to Acquire Leading Energy Consulting Company, MRE Consulting
Acquisition to strengthen energy and commodity trading and risk management (E/CTRM) capabilities for Infosys BENGALURU, India and HOUSTON, April 17, 2025 /PRNewswire/ -- Infosys (NSE, BSE, NYSE: INFY) a global leader in next-generation digital services and consulting, today announced a definit...
PR Newswire
Thu, Apr 17
Badger Meter Inc reports results for the quarter ended March 31 - Earnings Summary
Badger Meter Inc BMI.N reported quarterly adjusted earnings of $1.30 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 99 cents. The mean expectation of seven analysts for the quarter was for earnings of $1.06 per share. Wall Street...
Reuters
Thu, Apr 17
Chinese tea firm Chagee set for Nasdaq debut after $411 million IPO
** Chinese tea firm Chagee CHA.O set for Nasdaq debut on Thursday** Shanghai-based CHA sold ~14.7 million American depositary shares at the top end of its marketed range of $26 to $28 apiece to raise $411.2 million** Listing marks first notable U.S. IPO since President Trump unveiled sweeping tariff...
Reuters
Thu, Apr 17
Marsh McLennan falls on slower Q1 revenue growth
** Shares of insurance broker giant Marsh McLennan MMC.N fall 4.74% at $223.03** Posts Q1 underlying rev growth of 4% vs rise of 7% in Q4 ** Reports Q1 Risk & Insurance Services revenue of $4.8 billion vs $3.6 billion in Q4** "We expect MMC shares to underperform today on miss in RIS that i...
Reuters
Thu, Apr 17
TSX opens higher after BoC maintains key rate
Investing.com – Canada’s main stock indexes ticked higher on Thursday, after a day of tech sector selloffs, U.S. Fed Chair Jerome Powell's comments, and the Bank of Canada’s decision to maintain the k
Investing.com
Thu, Apr 17
LIVE MARKETS-S&P 500, Nasdaq higher but UnitedHealth sickens Dow
S&P 500, Nasdaq edge up, Dow down >1%Energy leads S&P sector gainers; Tech, healthcare only losersEuro STOXX 600 index off ~0.1%; ECB cuts rates 25bps to 2.25%Dollar ~flat; bitcoin slips; gold off ~1%; crude rallies ~1.5%U.S. 10-Year Treasury yield edges up to ~4.30%Welcome to the home fo...
Reuters
Thu, Apr 17
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