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Stocks
Toll Brothers Inc reports results for the quarter ended April 30 - Earnings Summary
Toll Brothers Inc TOL.N reported quarterly adjusted earnings of $3.50 per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of $3.38. The mean expectation of seventeen analysts for the quarter was for earnings of $2.83 per share. Wall Stre...Reuters
Tue, May 20
Other
Metallus Promotes Kristopher R. Westbrooks To President And Chief Operating Officer Appoints John M. Zaranec Iii As Executive Vice President And Chief Financial Officer
Metallus Inc MTUS.N:METALLUS PROMOTES KRISTOPHER R. WESTBROOKS TO PRESIDENT AND CHIEF OPERATING OFFICER; APPOINTS JOHN M. ZARANEC III AS EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICERReuters
Tue, May 20
Stocks
Ellington Credit Co reports results for the quarter ended March 31 - Earnings Summary
Ellington Credit Co EARN.N reported quarterly adjusted earnings of 26 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 27 cents. The mean expectation of four analysts for the quarter was for earnings of 27 cents per share. Wal...Reuters
Tue, May 20
Stocks
Viasat Inc reports results for the quarter ended March 31 - Earnings Summary
Viasat Inc VSAT.OQ reported a quarterly adjusted loss of $1.89 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -80 cents. The mean expectation of ten analysts for the quarter was for a loss of 44 cents per share. Wall Street expect...Reuters
Tue, May 20
Stocks
Modine Manufacturing Co reports results for the quarter ended March 31 - Earnings Summary
Modine Manufacturing Co MOD.N reported quarterly adjusted earnings of $1.12 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 77 cents. The mean expectation of six analysts for the quarter was for earnings of 96 cents per share. Wal...Reuters
Tue, May 20
Stocks
Palo Alto Networks Inc reports results for the quarter ended April 30 - Earnings Summary
Palo Alto Networks Inc PANW.OQ reported quarterly adjusted earnings of 80 cents per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of 66 cents. The mean expectation of forty two analysts for the quarter was for earnings of 77 cents per ...Reuters
Tue, May 20
Cryptocurrencies
XRP Price Will Still Rally From Here, Crypto Veteran Raoul Pal Forecasts
Crypto veteran Raoul Pal has shared his thoughts on the XRP price, predicting it still has more room to rally to the upside. The altcoin is expected to hit a new all-time high (ATH) as it rallies higher. XRP Price Primed For Another Leg Higher In a YouTube video, Pal remarked that XRP’s chart is one...NewsBTC
Tue, May 20
Cryptocurrencies
Solana Small Investors Reemerge: Shrimp Wallet Addresses Count Explodes To A New High
During its recent upward performance, Solana attracted a significant number of retail and whale investors, which helped bolster the upside move. Even though the altcoin’s price has briefly pulled back, substantial buying activity is still observed among the smallest SOL holders. Shrimp Wallets Multi...Bitcoinist
Tue, May 20
Stocks
TRADING DAY-Japan's long bond warning
By Jamie McGeever ORLANDO, Florida, May 20 (Reuters) - TRADING DAYMaking sense of the forces driving global marketsBy Jamie McGeever, Markets Columnist U.S. assets in the redIt was a sobering day for U.S. assets on Tuesday, with Wall Street, the dollar and longer-dated Treasuries all...Reuters
Tue, May 20
Other
EU to give Radio Free Europe 5.5 million euros after Trump funding freeze
BRUSSELS, May 20 (Reuters) - The European Union will donate 5.5 million euros ($6.2 million) to support Radio Free Europe following a freeze on U.S. federal grants to the media outlet by the Trump administration, EU foreign policy chief Kaja Kallas said on Tuesday.WHY IT MATTERSThe financial pledge ...Reuters
Tue, May 20
Commodities
EU, Britain go ahead with new Russia sanctions without waiting for Trump
Sanctions target shadow fleet of oil tankers, financial firmsZelenskiy urges more pressure on Russia for ceasefireRussia says it rejects ultimatumsItalian PM says Pope willing to host talksBy Andrew Gray, Sam Tabahriti and Susan Heavey BRUSSELS/LONDON/WASHINGTON May 20 (Reuters) - The EU and Brit...Reuters
Tue, May 20
Cryptocurrencies
Standard Chartered forecasts $500,000 Bitcoin price as confidence in government bonds dwindles
Bitcoin (BTC) briefly traded above $107,000 on Tuesday after Standard Chartered's Geoffrey Kendrick reaffirmed the bank's $500,000 price target by 2029, citing growing institutional and government exposure through Strategy's stock holdings.
Fxstreet
Tue, May 20
Stocks
Acrisure secures $2.1 billion capital raise led by Bain Capital at $32 billion valuation
By David BullMay 20 - (The Insurer) - Acrisure has agreed to issue new convertible preferred stock to a group of investors led by Bain Capital that also includes Gallatin Point Capital and Apollo Funds in a $2.1 billion capital raise that the broker and fintech firm said gives it a valuation of $32 ...Reuters
Tue, May 20
Stocks
TPG slides after secondary offering launch
** TPG Inc's TPG.O shares down 4.7% in extended trading to $47.55 on secondary offering news ** Private equity firm says DB Holdings, vehicle for benefit of the estate of David Bonderman, to offload 21 mln shares ** JP Morgan sole underwriter for offering ** Co has ~363 total sha...Reuters
Tue, May 20
Commodities
US expected to declare Biden fuel economy rules exceeded legal authority
By David Shepardson WASHINGTON, May 19 (Reuters) - The U.S. Transportation Department is expected to declare that fuel economy rules issued under then President Joe Biden exceeded the government's legal authority by including electric vehicles in setting the rules, automaker officials said Mo...Reuters
Tue, May 20
Forex
Mexican Peso hits yearly high on weak US Dollar
The Mexican Peso (MXN) rallied to a new yearly high against the US Dollar (USD) on Tuesday as investors continued to digest Moody’s downgrade to United States (US) government debt and wait for the vote on the Tax bill presented by the Trump administration.
Fxstreet
Tue, May 20
Other
Italy PM says pope confirmed willingness to host Ukraine peace talks
ROME, May 20 (Reuters) - Italian Prime Minister Giorgia Meloni said in a statement on Tuesday that Pope Leo had confirmed during a phone call with her his willingness to host in the Vatican the next round of negotiations to try to end the war between Russia and Ukraine."Finding in the Holy Fathe...Reuters
Tue, May 20
