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Jana Partners liquidated position in Wolfspeed in Q1, filing
By Svea Herbst-BaylissNEW YORK, May 15 (Reuters) - Activist investor Jana Partners, which last year pushed Wolfspeed WOLF.N to consider a sale to boost its share price, has exited its entire position in the silicone carbide wafer maker, according to a regulatory filing made on Thursday.Wolfspeed sai...Reuters
Thu, May 15
Other
US would make Gaza a 'freedom zone', Trump says in Qatar
By Gram Slattery DOHA, May 15 (Reuters) - President Donald Trump on Thursday reiterated his desire to take over the Gaza Strip, telling a business roundtable in Qatar that the U.S. would "make it a freedom zone" and arguing there was nothing left to save in the Palestinian territory. Trum...Reuters
Thu, May 15
Other
US Supreme Court revives lawsuit against cop in fatal Houston shooting
Ashtian Barnes, 24, was killed in 2016 Houston incidentMother sued cop over alleged constitutional violationLower court limited its review of officer's actionsBy Andrew ChungWASHINGTON, May 15 (Reuters) - The U.S. Supreme Court revived on Thursday a Texas woman's civil rights lawsuit agains...Reuters
Thu, May 15
Stocks
Cisco rallies after beat-and-raise quarterly update
** Shares of Cisco Systems Inc CSCO.O rose 6.4% after it raised its annual results forecast, betting on steady demand from cloud customers for its networking equipment, driven by the artificial intelligence boom** Stock hits highest level since late Feb, on track for biggest one-day pct gain since A...Reuters
Thu, May 15
Stocks
BMO downgrades Mattr to 'market perform' on tariff-related impacts
** Shares of energy and infrastructure technology company Mattr MATR.TO fall about 3.2% to C$10.88** BMO downgrades MATR to "market perform" from "outperform" rating, maintains PT at C$12** Brokerage says it's taking a more cautionary stance as MATR works through potential tariff...Reuters
Thu, May 15
Stocks
South African rand gains on hopes of change to inflation target range
JOHANNESBURG, May 15 (Reuters) - South Africa's rand firmed on Thursday, after a deputy finance minister indicated that a lower inflation target could be introduced soon, analysts said.At 1525 GMT, the rand traded at 18.0775 against the dollar ZAR=D3, about 1.1% firmer than Wednesday's closi...Reuters
Thu, May 15
Stocks
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Thu, May 15
Other
Israel will enable new US-led aid effort in Gaza, UN envoy says
UNITED NATIONS, May 15 (Reuters) - Israel will not fund a new U.S.-led humanitarian operation in the Gaza Strip, but it will facilitate and enable it, Israel's U.N. Ambassador Danny Danon told reporters on Thursday.Reuters
Thu, May 15
Stocks
Knightscope Inc reports results for the quarter ended March 31 - Earnings Summary
Knightscope Inc KSCP.OQ reported a quarterly adjusted loss of $1.28 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-4.00. The mean expectation of three analysts for the quarter was for a loss of $1.40 per share. Wall Street expe...Reuters
Thu, May 15
Stocks
DXC Technology slips after lowering FY profit forecast, brokerages cut PT
** Shares of IT services firm DXC Technology DXC.N slide 5.1% to $15.71 after co lowers FY 2026 profit forecast** Co forecasts FY 2026 adj. EPS between $2.75 and $3.25 vs previous outlook of $3.35 per share ** Co expects annual revenue in range of $3.04 bln to $3.09 bln, lower than analysts' est...Reuters
Thu, May 15
Commodities
Trump officials back steeper Medicaid, food stamp work requirements
By Leah Douglas WASHINGTON, May 15 (Reuters) - The U.S. Congress should enact steeper work requirements for Medicaid and food aid in a tax cut and spending plan being advanced by Republicans, four senior Trump administration officials said in a New York Times opinion column.Republicans on Wednesd...Reuters
Thu, May 15
Other
Advertisers ask US judge to dismiss lawsuit by Musk’s X over ad spending
By Mike Scarcella May 15 (Reuters) - Major companies that curtailed advertising on Elon Musk’s social media platform X over concerns about its ability to control harmful content have asked a judge to dismiss a lawsuit accusing them of boycotting the billionaire entrepreneur’s company.The companie...Reuters
Thu, May 15
Stocks
U.S. STOCKS ON THE MOVE-Intuitive Surgical, Boeing, Abbott
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street dipped on Thursday as elation from the U.S.-China tariff truce faded for major indexes, while UnitedHealth's stock took a pummeling after a report of a DOJ fraud inquiry into...Reuters
Thu, May 15
Other
Germany's Merz says we will confiscate frozen Russian assets if legally possible
May 15 (Reuters) - Germany and its allies will move to confiscate frozen Russian assets if legally possible, Chancellor Friedrich Merz said in an interview with the Zeit newspaper published on Thursday.There are also discussions about more sanctions against Russia in the energy sector, banking secto...Reuters
Thu, May 15
Other
Ledgebrook adds head of cyber as Atya joins from At-Bay
By David BullMay 15 - (The Insurer) - E&S-focused insurtech MGA Ledgebrook has taken another step towards launching a suite of cyber products with the hire of Zach Atya from At-Bay to spearhead the initiative.Atya was most recently head of micro business product for cyber and tech E&O at At-...Reuters
Thu, May 15
Other
S&P downgrades State Farm General’s FSR to A-plus
By Chris MunroMay 15 - (The Insurer) - S&P Global Ratings has cut State Farm General Insurance Co (SFGI)’s financial strength and issuer credit ratings to A-plus from AA because of “uncertainties related to capital support” from the California-focused carrier’s parent.Both the financial strength...Reuters
Thu, May 15
