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BUZZ-Australia's Neurizon Therapeutics slides after FDA puts drug application on hold
** Shares of Neurizon Therapeutics NUZ.AX fall 26.5% to A$0.125, their lowest level since Jan. 15, 2024** Stock falls as much as 29.4% in its biggest intraday pct drop since early September 2020** Biotech firm receives notification from the U.S. FDA that its investigational new drug (IND) applicatio...Reuters
Jan 17, 2025
BUZZ-Australia's Rio Tinto slips on reports of unsuccessful merger talks with Swiss miner
** Rio Tinto RIO.AX falls 1% to A$118.385, lowest since Jan. 10** Stock shed as much as 1.8% earlier in the day to A$117.50 vs mining sector's .AXMM as much as 0.6% drop** Co held early-stage merger talks with Swiss-headquartered diversified miner Glencore GLEN.L last year, sources familiar with the...Reuters
Jan 17, 2025
PRECIOUS-Gold headed for weekly gains on revived hopes of Fed rate cuts
Jan 17 (Reuters) - Gold prices firmed on Friday and were headed for a third straight week of gains after U.S. data this week hinted that the Federal Reserve might continue easing interest rates this year.FUNDAMENTALS* Spot gold XAU= was flat at $2,715.21 per ounce as of 0047 GMT, hovering near a mor...Reuters
Jan 17, 2025
BUZZ-Australia's Insignia Financial at more than 3-year high on CC Capital's improved takeover bid
** Insignia Financial IFL.AX jumps 5.2% to A$4.375, highest since Oct. 28, 2021** Money manager gets revised offer from U.S.-based CC Capital Partners** CC Capital's new A$3.07 bln ($1.91 bln) proposal tops private equity firm Bain Capital's sweetened A$2.87 bln offer** Under revised offer, Insignia...Reuters
Jan 17, 2025
IHG Hotels & Resorts marks 50 years since entering Greater China and celebrates over 800 open hotels in the region
SHANGHAI, Jan. 17, 2025 /PRNewswire/ -- IHG Hotels & Resorts (IHG) marks an extraordinary milestone with its 50th anniversary in Greater China. From opening its first property in 1975 to operating 800 hotels today, IHG has played a pivotal role in driving industry growth, enhancing guest experie...PR Newswire
Jan 17, 2025
BRIEF-Hennessy Capital Investment Corp. Vii Prices IPO Of 17.5 Mln Units At $10 Each
Jan 16 (Reuters) - Hennessy Capital Investment Corp VII HVIIU.O:ANNOUNCES PRICING OF $175,000,000 INITIAL PUBLIC OFFERINGPRICES IPO OF 17.5 MILLION UNITS AT $10.00 EACHSource text: ID:nGNX5zMGw5Further company coverage: HVIIU.O ((Reuters.Briefs@thomsonreuters.com;))Reuters
Jan 16, 2025
UPDATE 2-US FTC refers complaint about Snapchat use of AI chatbot to Justice Department
Adds Snap comment, updates shares, paragraphs 3 and 5WASHINGTON, Jan 16 (Reuters) - The U.S. Federal Trade Commission said on Thursday it has referred to the Justice Department a complaint against Snap Inc SNAP.N that alleges its messaging app Snapchat used an artificial-intelligence chatbot that ha...Reuters
Jan 16, 2025
Independent Bank Corp (Massachusetts) reports results for the quarter ended December 31 - Earnings Summary
Independent Bank Corp (Massachusetts) INDB.OQ reported quarterly adjusted earnings of $1.21 per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $1.26. The mean expectation of four analysts for the quarter was for earnings of $1.16 p...Reuters
Jan 16, 2025
WaFd Inc reports results for the quarter ended December 31 - Earnings Summary
WaFd Inc WAFD.OQ reported quarterly adjusted earnings of 54 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 85 cents. The mean expectation of four analysts for the quarter was for earnings of 65 cents per share. Wall Stree...Reuters
Jan 16, 2025
UPDATE 1-Lyft wins dismissal of shareholder lawsuit over earnings report error
Adds details from decision, accusations, background, bylineBy Jonathan Stempel Jan 16 (Reuters) - A federal judge on Thursday dismissed a lawsuit accusing Lyft LYFT.O of defrauding shareholders by waiting too long to correct a mistake in an earnings release that caused the ride-sharing company's ...Reuters
Jan 16, 2025
J B Hunt Transport Services Inc reports results for the quarter ended December 31 - Earnings Summary
J B Hunt Transport Services Inc JBHT.OQ reported quarterly adjusted earnings of $1.53 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $1.47. The mean expectation of twenty two analysts for the quarter was for earnings of $1.61 ...Reuters
Jan 16, 2025
RF Industries Ltd reports results for the quarter ended October 31 - Earnings Summary
RF Industries Ltd RFIL.OQ reported quarterly adjusted earnings of 4 cents per share for the quarter ended October 31, higher than the same quarter last year, when the company reported EPS of -1 cents. The lone analyst forecast for the quarter was for earnings of 6 cents per share. Revenue rose 16...Reuters
Jan 16, 2025
Bank Ozk reports results for the quarter ended December 31 - Earnings Summary
Bank Ozk OZK.OQ reported quarterly adjusted earnings of $1.56 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $1.50. The mean expectation of nine analysts for the quarter was for earnings of $1.44 per share. Wall Street expecte...Reuters
Jan 16, 2025
BREAKINGVIEWS-Mega-merger boom threatens a shareholder bloodbath
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.By Liam Proud LONDON, Jan 17 (Reuters Breakingviews) - When a chief executive unveils a big merger, the fretting begins. Concerns about a repeat of disasters like AOL-Time Warner or Bayer-Monsanto immediately spr...Reuters
Jan 16, 2025
BUZZ-Otis lifts after new $2 bln stock buyback announced
** Shares of Otis Worldwide OTIS.N up 1.8% to $94.89 post-market as elevator and escalator maker looks to buy back more of its stock** Farmington, Connecticutt-based firm says board authorized $2 bln share repurchase program** In conjunction, board cancelled approx $100 mln remaining under prior pro...Reuters
Jan 16, 2025
MORNING BID ASIA-Awaiting China data deluge, US yields drift lower
By Jamie McGeever Jan 17 (Reuters) - A look at the day ahead in Asian markets. Relief from the positive U.S. and UK inflation surprises this week appears to have evaporated, at least as far as equity markets are concerned, even as Treasury yields and the dollar continue to drift lower into t...Reuters
Jan 16, 2025
Lyft wins dismissal of shareholder lawsuit over earnings report error
Jan 16 (Reuters) - A federal judge on Thursday dismissed a lawsuit accusing Lyft LYFT.O of defrauding shareholders by waiting too long to correct a mistake in an earnings release about a key profit metric, an error that caused the ride-sharing company's stock price to gyrate wildly.U.S. District Jud...Reuters
Jan 16, 2025
GLOBAL MARKETS-Global stock index outperforms Wall St, bond yields dip with rates in focus
Wall St closes down after Europe, Asia gainsTrump's Treasury pick takes the spotlight Asian stocks boosted by tech, Europe by luxury, chipmakers Yen rises on growing rate hike wagersUpdates prices after U.S. stock market closeBy Sinéad Carew and Alun John NEW YORK/LONDON, Jan 16 (Reuters) - MSCI'...Reuters
Jan 16, 2025
BUZZ-BlackSky up after company picked for $200 mln Luno B IDIQ contract
** Shares of real-time geospatial intelligence solutions provider BlackSky Technology BKSY.N rise 2.3% to $10.69 in extended trading ** BlackSky selected by National Geospatial-Intelligence Agency as one of the vendors for $200 mln Luno B commercial data indefinite delivery, indefinite quantity cont...Reuters
Jan 16, 2025
US STOCKS-Wall Street slips after rally as earnings, data eyed
Morgan Stanley up after higher Q4 profitsUnitedHealth falls on missing quarterly sales estimatesInvestors parse retail sales, jobless claims dataIndexes off: Dow 0.16%, S&P 0.21%, Nasdaq 0.89%Adds trading volume, pricesBy Chuck Mikolajczak NEW YORK, Jan 16 (Reuters) - U.S. stocks dipped on Thursd...Reuters
Jan 16, 2025
