News
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Marex Group Q2 Profit Rises 16 Percent
Marex Group(NASDAQ:MRX) released its Q2 2025 results on August 13, 2025, highlighting an 18% year-over-year revenue increase to $500 million and adjusted profit before tax (PBT) of $106 million, up 16% year-over-year. Management emphasized margin expansion, rapid growth in agency and execution, with...The Motley Fool
Wed, Aug 13
Hudbay sells 30% stake in copper project to Mitsubishi for $600 million; shares rise
** Shares of copper miner Hudbay Minerals HBM.TO rise 18% to C$16.01** Company sells 30% stake in copper project located in Arizona to Mitsubishi 8058.T for $600 million** Deal consists of $420 million in cash for 30% equity interest in the Copper World project at closing, and $180 million within 18...Reuters
Wed, Aug 13
Roth MKM downgrades APA Corp to 'neutral', cuts PT
** Roth MKM cuts rating on oil and gas producer APA Corp APA.O to "neutral" from "buy", lowers price target by 4% to $22** Still, the new price target represents a 7.6% upside to the stock's last close ** Brokerage is concerned that global oil prices are going even lower; sees ri...Reuters
Wed, Aug 13
Performance Food Group Hits Record Sales
Performance Food Group Company(NYSE:PFGC) reported fourth-quarter earnings for fiscal 2025 (ended June 28, 2025) on August 13, delivering net sales growth of 11.5% year-over-year in the fourth quarter of fiscal 2025, surpassing $63 billion in annual revenue for fiscal 2025, and a 19.9% year-over-yea...The Motley Fool
Wed, Aug 13
LIVE MARKETS-Wall Street gets boost from rate cut prospects
US equity indexes green; Dow up the most at ~0.7%Healthcare leads S&P sector gainers; Staples weakest groupEuro STOXX 600 index up ~0.6%Dollar, crude down, gold gains; bitcoin up >1%US 10-year Treasury yield falls to ~4.24%Welcome to the home for real-time coverage of markets brought to you b...Reuters
Wed, Aug 13
US STOCKS-S&P 500, Nasdaq rise to record highs on September rate cut hopes
Indexes up: Dow 0.86%, S&P 500 0.44%, Nasdaq 0.39%Traders fully price in 25 bps Fed rate cut in SeptemberCBOE volatility index hits lowest level since JanuaryCoreWeave falls after larger-than-expected Q2 net lossBy Johann M Cherian and Sanchayaita Roy Aug 13 (Reuters) - The benchmark S&a...Reuters
Wed, Aug 13
Venture Global jumps on Shell arbitration win
** LNG company Venture Global VG.N rises 10.3% to $13.44** Tribunal sides with VG in legal battle against Shell SHEL.L over cargo delivery from the Calcasieu Pass export facility; Shell had accused VG of favoring spot sales over contract obligations** Ruling removes a major overhang on the stock and...Reuters
Wed, Aug 13
Defense contractor V2X surges after BofA turns bullish
** Shares of V2X Inc VVX.N up 7.2% early Weds to $58.49, a nine-month high, after BofA Global Research upgrades defense contractor to 'buy' from 'neutral'** Brokerage boosts PT by $10 to $65, implying 19% upside to stock's last close** "V2X’s strategy to provide full-lifecycl...Reuters
Wed, Aug 13
Bernstein cuts PT on Amgen citing MariTide risk
** Brokerage Bernstein cuts PT on drugmaker Amgen AMGN.O to $335 from $350, maintains "outperform" rating** Bernstein analysts say Amgen is "not doing enough explaining for some investors to believe in the target product profile & phase 3 paradigm" for experimental weight-loss dr...Reuters
Wed, Aug 13
Interlink Electronics Inc reports results for the quarter ended June 30 - Earnings Summary
Interlink Electronics Inc LINK.OQ reported quarterly breakeven results per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -4 cents. The lone analyst forecast for the quarter was for a loss of 8 cents per share. Revenue rose 17.8% to $...Reuters
Wed, Aug 13
Here's How to Tell If You Qualify for Spousal Social Security Benefits
Key PointsIf your spouse (or ex-spouse) earned more money than you, they may be due a higher benefit. As a spouse, know that you may be eligible for up to 50% of their benefit amount. If you claim spousal benefits, it will not lower the amount your partner is set to receive.The $23,760 Social Securi...The Motley Fool
Wed, Aug 13
Mizuho raises Chevron PT on earlier-than-expected Hess deal close
** Mizuho raises price target for oil major Chevron CVX.N to $192 from $186** New PT represents an upside of 24.3% to the stock's last closing price on Tuesday** Brokerage raises PT on earlier-than-expected close of Hess deal and accelerated synergy capture** Mizuho notes that structural cost re...Reuters
Wed, Aug 13
US grocers fall after Amazon expands same-day delivery to perishable foods
** Shares of U.S. grocery retailers fall in early trading after Amazon.com AMZN.O expands same-day grocery delivery to perishable foods** Amazon Prime subscribers can now receive strawberries, milk, meats and frozen dinners on the same day ** Retail giant Walmart WMT.N down about 1%, delivery firm I...Reuters
Wed, Aug 13
Loar Holdings Inc reports results for the quarter ended June 30 - Earnings Summary
Loar Holdings Inc LOAR.N reported quarterly adjusted earnings of 23 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 13 cents. The mean expectation of three analysts for the quarter was for earnings of 18 cents per share. Wall...Reuters
Wed, Aug 13
CANADA STOCKS-TSX climbs to record peak on Fed rate cut hopes
By Nikhil Sharma Aug 13 (Reuters) - Canada's main stock index scaled an all-time high on Wednesday, bolstered by ongoing optimism surrounding a September U.S. Federal Reserve interest rate cut.At 9:50 a.m. ET (1350 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was...Reuters
Wed, Aug 13
3 No-Brainer High-Yield Utility Stocks to Buy With $500 Right Now
Key PointsUtilities provide what amounts to a basic necessity of modern life.Electricity demand is set to dramatically increase in the decades ahead.Investors have multiple attractive options for how they want to invest in the sector.10 stocks we like better than Vanguard Utilities ETF › If you have...The Motley Fool
Wed, Aug 13
Data center firm TSS falls after $51 million stock offering
** Data center services firm TSS' TSSI.O shares fall 3.8% to $17.89** TSSI announces pricing of $51 million stock offering ** Co sold 3 million shares at $17 apiece, an 8.6% discount to stock's last close** Lucid Capital Markets is the sole bookrunning manager for the offering** Stock closed...Reuters
Wed, Aug 13
Innoviz Q2 Revenue Surges on OEM Wins
Innoviz Technologies(NASDAQ:INVZ) reported Q2 2025 earnings on August 13, 2025, reporting revenues of $9.7 million and first-half 2025 revenues of $27.1 million, surpassing full-year 2024 results. Management reaffirmed 2025 full-year revenue guidance of $50 million to $60 million and raised non-recu...The Motley Fool
Wed, Aug 13
