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Blue Owl sells $1.4 billion from debt funds to pension, insurance investors
Blue Owl sells assets at 99.7% of par valueProceeds to return capital to shareholders, pay down debtSale includes loans from 128 companies across 27 industriesBy Isla Binnie NEW YORK, Feb 18 (Reuters) - Private capital firm Blue Owl Capital OWL.N, whose shares have halved over the last year, is s...Reuters
6 minutes ago
FTSE Russell proposes fast-entry rule for its US indexes as large IPOs loom
Feb 18 (Reuters) - Index provider FTSE Russell on Wednesday proposed introducing a "fast-entry" mechanism for initial public offerings and revising eligibility requirements for its Russell U.S. Equity Indexes ahead of several large listings.The year is shaping up to be one of the busiest for...Reuters
14 minutes ago
Ad giant Omnicom posts upbeat quarterly revenue on boost from IPG acquisition, new clients
Omnicom announces $5 billion share buybackRecords $1.12 billion in severance and repositioning costsSecures new business, extends contracts with leading brandsBy Jaspreet Singh Feb 18 (Reuters) - Omnicom OMC.N beat analysts' estimates for fourth-quarter revenue on Wednesday thanks to strong p...Reuters
22 minutes ago
Elliott presses LSEG for portfolio review, 5 billion pound buyback, source says
Feb 18 (Reuters) - Activist investor Elliott Investment Management is pressing London Stock Exchange Group LSEG.L to conduct a full review of its portfolio and launch a 5 billion pound ($6.76 billion) buyback, a person familiar with the matter said on Wednesday.This comes days after Reuters reported...Reuters
26 minutes ago
Molson Coors forecasts sharp drop in 2026 profit as aluminum costs bite
Feb 18 (Reuters) - Beer maker Molson Coors TAP.N forecast a sharp drop in annual profit on Wednesday, hurt by higher aluminum tariffs and weak spending among price-sensitive consumers.Shares of the brewer fell about 6% in trading after the bell as the company also missed fourth-quarter revenue estim...Reuters
26 minutes ago
US FDA reverses course, will review Moderna's flu vaccine application
Moderna's shares close up 6% Moderna to conduct post-marketing study in older adultsFDA decision expected by August 5By Mariam Sunny and Michael Erman Feb 18 (Reuters) - Moderna said on Wednesday the U.S. Food and Drug Administration changed course and will review an amended application for i...Reuters
31 minutes ago
Trian's Nelson Peltz says Wendy's shares undervalued
Feb 18 (Reuters) - Activist investor Nelson Peltz said in an SEC filing on Wednesday that the fast-food chain Wendy's WEN.O stock is currently undervalued, sending its shares up as much as 18.6%.According to the filing, Peltz's Trian Fund Management has spoken with possible financing sources...Reuters
31 minutes ago
Carvana shares tumble after fourth-quarter profit miss on higher costs
Feb 18 (Reuters) - Carvana CVNA.O shares slumped 25% after the bell on Wednesday as the online used-car retailer missed fourth-quarter profit expectations on higher costs.The downbeat results cap what had been a stellar year for the retailer known for its iconic vending machines for used vehicles. I...Reuters
36 minutes ago
US judge rejects Live Nation bid to dismiss antitrust lawsuit over ticket pricing
NEW YORK, Feb 18 (Reuters) - A federal judge on Wednesday rejected Live Nation Entertainment's LYV.N bid to dismiss a lawsuit by the federal government and many U.S. states accusing the company of violating antitrust law by trying to dominate the live concert industry and inflate prices.The deci...Reuters
54 minutes ago
Top 10 US Stock Gainers (2.18)
ImmunityBio(IBRX) rose 41.86%, with a trading turnover 615.4 Million USD, and a year-to-date rose 331.3%. Hycroft Mining(HYMC) rose 21.07%, with a trading turnover 266.4 Million USD, and a year-to-date rose 71.1%. Tactile(TCMD) rose 17.83%, with a trading turnover 62.6 Million USD, and a year-to-date rose 14%.Longport
an hour ago
Top 10 US Stock Losers (2.18)
Nrth Dynsty Minerals(NAK) fell 39.41%, with a trading turnover 70.3 Million USD, and a year-to-date fell 37.6%. Axcelis(ACLS) fell 16.74%, with a trading turnover 413.6 Million USD, and a year-to-date rose 2.1%. Veeco Instruments(VECO) fell 14.64%, with a trading turnover 117.8 Million USD, and a year-to-date rose 2.6%.Longport
an hour ago
Top 5 CDRs Gainers/Losers (>100M) (2.18)
GD Culture(GDC) rose 13.42%, with a trading turnover 1.3 Million USD, and a year-to-date fell 16.7%. Silvercorp Met(SVM) rose 4.42%, with a trading turnover 44.2 Million USD, and a year-to-date rose 30.2%. Troops(TROO) fell 11.69%, with a trading turnover 1.6 Million USD, and a year-to-date rose 6.3%. Vnet(VNET) fell 9.38%, with a trading turnover 225.3 Million USD, and a year-to-date rose 47.3%.Longport
an hour ago
Top 5 US Stock Gainers/Losers (>100B) (2.18)
AppLovin(APP) rose 7.44%, with a trading turnover 2.3 Billion USD, and a year-to-date fell 40%. Shopify (SHOP) rose 7.13%, with a trading turnover 2.3 Billion USD, and a year-to-date fell 24.4%. Palo Alto Networks(PANW) fell 6.82%, with a trading turnover 4.1 Billion USD, and a year-to-date fell 17.3%. Welltower Op(WELL) fell 3.2%, with a trading turnover 743.6 Million USD, and a year-to-date rose 12.4%.Longport
an hour ago
TRADING DAY-Wall St rally fades as European shares close at record high; crude surges on supply worries
By Stephen Culp NEW YORK, Feb 18 (Reuters) - U.S. stocks chased their European counterparts higher on Wednesday, but lost some momentum as the session progressed, while ongoing geopolitical strife helped prompt a rebound in crude and gold prices.Reports that European Central Bank President Christ...Reuters
an hour ago
Madison Square Garden Sports shares hit record high as it explores Knicks, Rangers spinoff
NEW YORK, Feb 18 (Reuters) - Shares of Madison Square Garden Sports MSGS.N rose more than 16% to hit a record high on Wednesday after the company said it has approved a plan to explore a possible spinoff to separate its New York Knicks franchise from its New York Rangers businesses.Madison Square Ga...Reuters
an hour ago
EBay climbs on strong Q1 outlook, Depop acquisition
E-commerce company eBay's EBAY.O shares rise 6.2% to $87.23 in extended tradingCo forecasts Q1 revenue between $3.0 bln and $3.05 bln, vs avg. analysts' estimate of $2.80 blnSees Q1 adjusted EPS between $1.53 and $1.59, vs. estimates of $1.48EBay to acquire fashion marketplace Depop from Ets...Reuters
an hour ago
Booking Holdings beats quarterly profit estimates amid steady international travel demand
Feb 18 (Reuters) - Online travel agency Booking Holdings BKNG.O beat Wall Street estimates for fourth-quarter profit on Wednesday amid resilient international travel demand, sending its shares up 2% in extended trading.Demand for international travel is expected to grow, fueled by upcoming events su...Reuters
an hour ago
FTSE Russell seeks feedback on fast‑entry rule for US equity indexes ahead of mega IPOs
Feb 18 (Reuters) - Index provider FTSE Russell said on Wednesday that it is seeking market feedback on the potential introduction of a fast-entry IPO rule and minimum eligibility requirements for Russell U.S. Equity Indexes in anticipation of several large IPOs expected in 2026, including those of S...Reuters
an hour ago
EBay forecasts upbeat revenue, buys Depop to boost fashion presence
Feb 18 (Reuters) - EBay Inc EBAY.O forecast first-quarter revenue above Wall Street estimates on Wednesday and announced the acquisition of fashion marketplace Depop from Etsy ETSY.N for nearly $1.2 billion, sending its shares up 7% in extended trading.The company has focused on specialty categories...Reuters
an hour ago
CANADA STOCKS-TSX rises as tech stocks rebound, miners gain
TSX up 1.07%Tech shares rebound, lead gainsiA Financial falls 9.3%, TFI International slips 6.3% Feb 18 (Reuters) - Canada's main stock index rose on Wednesday, led by technology and mining shares.The S&P/TSX Composite Index .GSPTSE was up 1.50% at 33,389.73.Tech stocks on Wall Street reb...Reuters
an hour ago
