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Stocks
Nature's Sunshine Products plunges after $34 million secondary offering
** Shares of dietary supplements maker Nature's Sunshine Products NATR.O fall as much as 9.8%; last down 6.1% at $13.93** Lehi, Utah-based NATR announces pricing of secondary offering of ~2.9 million shares sold by Fosun Pharma USA at $12 apiece for gross proceeds of $34.3 million** Offering pri...Reuters
Thu, Jun 26
Stocks
Energy stocks gain as investors shift focus to demand signals
** Shares of energy companies rise, tracking gains in crude prices O/R** Brent crude futures LCOc1 up 1% at $68.36/barrel; U.S. West Texas Intermediate crude CLc1 rise 1.2% to $65.71/barrel** Oil prices gain as investors remained cautious about the Iran-Israel ceasefire and shifted their attention t...Reuters
Thu, Jun 26
Other
European MGA Summit 2025: Europe’s MGA market “the next frontier”
By Ryan HewlettJune 24 - (The Insurer) - The MGA model is experiencing rapid growth in continental Europe, signalling a pivotal shift in the region’s specialty insurance landscape as entrepreneurial underwriters, capacity providers and private equity investors see increasing value across the contine...Reuters
Thu, Jun 26
Other
Olympics-US committed 'across the board' to LA 2028 success, says Coventry
US fully committed to success of LA 2028So much goodwill from all levels of US government, says CoventryPresident Trump has launched immigration crackdown LAUSANNE, Switzerland, June 26 (Reuters) - The United States and all its levels of government are fully committed to making the 2028 Los Angel...Reuters
Thu, Jun 26
Other
Wall Street forecasts windfall for big US banks from Fed plan to ease leverage rule
By Manya Saini June 26 (Reuters) - Large U.S. global banks can expect as much as $6 trillion in additional balance sheet capacity and billions in freed up capital under a Federal Reserve plan to relax leverage rules, Wall Street brokerages estimated on Thursday.The U.S. Fed unveiled a proposal on...Reuters
Thu, Jun 26
Stocks
Lindsay beats Q3 operating profit estimates, shares hit over 2-year high
OverviewLindsay fiscal Q3 revenue rises 22%, beating analyst expectations, per LSEG dataOperating income for fiscal Q3 beats estimates, rising 19%, per LSEG dataInternational irrigation revenues increase 60%, driven by large project in MENA region Shares rise over 5% to $145, highest in more than 2 ...Reuters
Thu, Jun 26
Other
Landmark eyes EU expansion with GWP to top $100 million in 2025
By Ryan HewlettJune 19 - (The Insurer) - Landmark Underwriting is targeting more than $100 million in gross written premium in 2025 and is plotting a “controlled” international expansion as it capitalises on the recent growth momentum brought by its sale to boutique platform Bishop Street Underwrite...Reuters
Thu, Jun 26
Stocks
McCormick rises after quarterly profit beat
** Shares of McCormick MKC.N rise as much as 6.1% to more than two-month high of $78.16** Stock set for its best day since March 2024, if gains hold** Reports Q2 adjusted EPS of 69 cents vs estimates of 66 cents** Posts net sales of $1.66 billion, in line with analysts' avg. estimate - data comp...Reuters
Thu, Jun 26
Stocks
Citi chief Jane Fraser's strategy has likely given the bank 'fighting chance'- BofA
** Citigroup C.N CEO Jane Fraser's business strategy has given the third largest U.S. lender a chance to be competitive, BofA Global Research says** BofA lifts C's PT to $100 from $89, the only third brokerage to have a $100 or above PT after Oppenheimer and Wells Fargo among 22 analysts cov...Reuters
Thu, Jun 26
Other
Canada banking regulator maintains key capital limit for big lenders
OTTAWA, June 26 (Reuters) - Canada's financial regulator said on Thursday it was maintaining the amount of capital the country's biggest lenders must hold, saying the uncertainties related to U.S.-Canada trade tensions were not stressing the financial system. The Office of the Superintendent...Reuters
Thu, Jun 26
Other
Rigaku Holdings Says Production Capacity Expected To Be 50% Higher In Q4 FY25
June 26 (Reuters) - Rigaku Holdings Corp 268A.T:RIGAKU HOLDINGS CORP - INCREASES PRODUCTION CAPACITY FOR SEMICONDUCTOR PROCESS CONTROL INSTRUMENTSRIGAKU HOLDINGS CORP - PRODUCTION CAPACITY EXPECTED TO BE 50% HIGHER IN Q4 FY2025Reuters
Thu, Jun 26
Economic Indicator
IMF raises forecast for Saudi GDP growth to 3.5% in 2025
RIYADH, June 26 (Reuters) - The International Monetary Fund on Thursday raised its 2025 GDP growth forecast for Saudi Arabia to 3.5% from 3%, partly on the back of demand for government-led projects, and supported by the OPEC+ group's plan to phase out oil production cuts.Lower oil prices have w...Reuters
Thu, Jun 26
Economic Indicator
TREASURIES-Yields fall as data shows people staying longer out of work
Holiday may have contributed to lower Weekly job claims Focus on PCE data expected for Friday after first-quarter GDP revisionTreasury expected to sell $44 billion in 7-year notesBy Tatiana Bautzer NEW YORK, June 26 (Reuters) - Yields on 2-year Treasury notes eased on Thursday morning after the L...Reuters
Thu, Jun 26
