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Industrial manufacturing firm Worthington Enterprises Q1 revenue beats estimates
OverviewWorthington Enterprises Inc fiscal Q1 revenue rises 18%, beating analyst expectationsAdjusted EPS for fiscal Q1 increases 48% to $0.74Company acquired Elgen Manufacturing for $91.2 mln in June, boosting Building Products segment Result DriversBUILDING PRODUCTS - Higher volumes and Elgen ...Reuters
Tue, Sep 23
Commodities
US natgas drifts up after hitting near one-month low
By Anushree Mukherjee Sept 23 (Reuters) - U.S. natural gas futures firmed on Tuesday after hitting a near one-month low, yet ample supplies of gas in storage and forecasts for less demand kept gains in check. Front-month gas futures for October delivery NGc1 on the New York Mercantile ...Reuters
Tue, Sep 23
Stocks
EXCLUSIVE-Trump administration seeks equity stake in Lithium Americas amid loan talks
Trump seeks equity stake in largest planned lithium mine in US Thacker Pass seen as key to U.S. lithium supply chainGM invested $625 million, holds 38% stake in Nevada project By Ernest Scheyder and Jarrett Renshaw Sept 23 (Reuters) - The Trump administration is seeking an equity stake of as muc...Reuters
Tue, Sep 23
Cryptocurrencies
Crypto firm Tether eyes $500 billion valuation in major raise round, Bloomberg News reports
Sept 23 (Reuters) - Crypto giant Tether is in talks to raise as much as $20 billion in a private placement that could value the El Salvador-based firm at about $500 billion, Bloomberg News reported on Tuesday.Reuters
Tue, Sep 23
Forex
CANADA FX DEBT-Canadian dollar hits 11-day low as interest rate spreads weigh
Canadian dollar falls 0.2% against the greenbackTouches its weakest since September 12 at 1.3849Price of U.S. oil settles 1.8% higherBond yields edge lower across the curveBy Fergal Smith TORONTO, Sept 23 (Reuters) - The Canadian dollar weakened to an 11-day low against its U.S. counterpart on Tu...Reuters
Tue, Sep 23
Commodities
GRAINS-Soy futures set six-week low as China buys Argentine cargoes, snubs US
Soybean futures turn higher after setting six-week low Market became oversold after recent losses, analysts sayChina buys Argentine soy, shutting out US, traders sayChina has avoided US soybeans during trade warBy Tom Polansek CHICAGO, Sept 23 (Reuters) - U.S. soybean futures set a six-week l...Reuters
Tue, Sep 23
Stocks
LIVE MARKETS-Wall St pauses its upward climb to parse speeches by Trump, Powell
Major U.S. indexes dip; Nasdaq slides nearly 1%Energy biggest gainer among S&P 500 sectors; cons disc down mostDollar dips; bitcoin drops ~1%; gold rises, crude jumps >2%U.S. 10-Year Treasury yield decreses to ~4.11%Welcome to the home for real-time coverage of markets brought to you by Reute...Reuters
Tue, Sep 23
Stocks
Cohu drops after $200 mln convertible bonds sale unveil
** Shares of semiconductor testing firm Cohu Inc COHU.O down 8.7% at $20.80 in extended trading after planned capital raise news** Poway, California-based Cohu announces private offering of $200 convertible bonds due 2031** Co plans to use net offering proceeds for general corp purposes** It also in...Reuters
Tue, Sep 23
Commodities
Singapore's Seatrium selling Texas shipyard to Turkey's Karpowership for $51 million
By Lisa Baertlein LOS ANGELES, Sept 23 (Reuters) - Singapore-based Seatrium Limited SEAT.SI said on Tuesday it has a deal to sell its "surplus" AmFELS Yard shipbuilding facility in Texas for $50.67 million to an affiliate of Karpowership. AmFELS Yard, located in the Port of Brownsville, b...Reuters
Tue, Sep 23
Stocks
Why Symbotic Fell on Tuesday
Key PointsSymbotic was downgraded to sell today at UBS. A sky-high valuation and growth concerns spurred the analyst downgrade. Customer concentration is also a risk. 10 stocks we like better than Symbotic › Shares of Symbotic (NASDAQ: SYM) fell on Tuesday, down 10.9% in today's trading.Symbotic's s...The Motley Fool
Tue, Sep 23
Other
Performance Food says Sachem Head's Ferguson joins board
By Svea Herbst-Bayliss NEW YORK, Sept 23 (Reuters) - Activist investor Scott Ferguson is joining the board of Performance Food Group PFGC.N, the company said on Tuesday, at a time the hedge fund is urging the food distributor to consider merging with rival US Foods Holding USFD.N.Less than five w...Reuters
Tue, Sep 23
Other
Man found guilty of attempted assassination in plot to kill Trump at Florida golf club
Routh found guilty of attempted assassination of Trump, weapons offensesDefendant represented himself in caseTrial unfolded in aftermath of Kirk assassinationBy Andrew Goudsward Sept 23 (Reuters) - A man found lurking with a gun near Donald Trump's Florida golf course last year was found guil...Reuters
Tue, Sep 23
Other
Aytu BioPharma Q4 revenue misses estimates
OverviewAytu BioPharma fiscal 2025 revenue up 2% to $66.4 mln, misses Q4 estimatesNet loss narrows to $13.6 mln from $15.8 mln in fiscal 2024EXXUA launch in fourth calendar quarter of 2025 expected to drive future growthOutlookAytu to launch EXXUA in fourth calendar quarter of 2025 Company expects E...Reuters
Tue, Sep 23
Other
Aviation services provider AAR Corp beat Q1 profit estimates
OverviewAAR Corp fiscal Q1 sales rise 12% to $740 mln, beating analyst expectations, per LSEG dataAdjusted EPS for fiscal Q1 increases 27% to $1.08, exceeding estimates, per LSEG dataGrowth driven by Parts Supply segment, up 27%, and strategic investmentsResult DriversPARTS SUPPLY GROWTH - Parts Sup...Reuters
Tue, Sep 23
Other
REFILE-Need some real action from Iran to avert sanctions, EU's Kallas says
UNITED NATIONS, Sept 23 (Reuters) - Iran must make some concrete steps because time is running out to prevent the reimposition of UN sanctions, the European Union's foreign policy chief said on Tuesday."Diplomacy has a chance. The deadlines are running, and let's see. We need to see some...Reuters
Tue, Sep 23
Other
US criticizes climate, social focus of UN aviation group
By David Shepardson and Allison Lampert WASHINGTON/MONTREAL Sept 23 (Reuters) - U.S. Transportation Secretary Sean Duffy on Tuesday criticized a United Nations aviation group for not focusing enough on safety and security and called for reform."Over the years, this body has extended itself fa...Reuters
Tue, Sep 23
Stocks
Micron rises after upbeat first-quarter revenue forecast
** Shares of memory chipmaker Micron Technology MU.O rise 4% to $173.31 after the bell** MU expects Q1 revenue of $12.50 billion, plus or minus $300 million, vs analysts' average estimate of $11.94 billion, according to data compiled by LSEG ** Posts Q4 revenue of $11.32 billion, beating an est...Reuters
Tue, Sep 23
Cryptocurrencies
BlackRock has built a new profit center in digital assets that rakes in more than a quarter of a billion dollars in annualized revenue
BlackRock has built a new profit center in digital assets, raking in more than a quarter of a billion dollars in annualized revenue from its cryptocurrency exchange-traded funds (ETFs) less than two years after launch. The world’s largest asset manager is now positioned as the benchmark for traditional finance firms eyeing exposure to Bitcoin and […]Cryptopolitan
Tue, Sep 23
Other
Boeing's defense and space unit partners with Palantir for AI adoption
Sept 23 (Reuters) - Boeing BA.N has partnered with Palantir Technologies PLTR.O to use the software firm's AI solutions platform across the planemaker's defense and space unit, the companies said on Tuesday.The tie-up will help Boeing standardize data analytics across its production lines. B...Reuters
Tue, Sep 23
Other
Memory chip maker Micron Q4 revenue beats estimates
OverviewMicron Technology Inc fiscal Q4 rev rises to $11.32 bln, beating analyst expectationsAdjusted EPS for fiscal Q4 beats consensus, driven by AI data center growthCo forecasts $1.2 bln sequential revenue growth, gross margins over 50%OutlookMicron forecasts Q1 2026 revenue of $12.5 bln ± $300 m...Reuters
Tue, Sep 23
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