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Compass CEO Says No Signs Of Underlying Weakness In North America -Conf Call
May 14 (Reuters) - Compass Group PLC CPG.L:COMPASS CEO: NOT SEEING ANY UNDERLYING WEAKNESS OR ANY CHANGE OF BEHAVIOUR AT ALL IN NORTH AMERICA -CONF CALL
Reuters
Wed, May 14
Stocks
ARM Shares Initially Tumbled on Outlook Before Rallying. Is It Time to Buy the Stock?
Share prices of Arm Holdings (NASDAQ: ARM) initially sank following the cautious outlook it issued with its fiscal 2025 fourth-quarter results on Wednesday, May 7, but the stock has rallied back this week following the news over the weekend that the U.S.-China trade war was cooling down. The stock i...
The Motley Fool
Wed, May 14
Forex
Turkey sees "genuine" disinflation prospects, says central bank deputy governor
LONDON, May 14 (Reuters) - Turkey is facing genuine disinflation prospects, its deputy central bank governor said on Wednesday, adding that it was replenishing reserves following the hit to them in the wake of recent political turmoil."For the first time, I believe we are facing genuine disinfla...
Reuters
Wed, May 14
Other
MPL claims severity 'rearing its ugly head again': panel
By Chris MunroMay 13 - (The Insurer) - Medical professional liability claims severity is re-emerging as a major pain point, with large claims getting bigger while carriers contend with a shifting legal environment, panellists on an AM Best webinar said.Newly published data from AM Best shows that 20...
Reuters
Wed, May 14
Stocks
Prediction: Trump's China and U.K. Trade Deals Won't Set the Stage for a Lasting Stock Market Rally
Last week, the White House announced what it called a "historic trade deal" with the United Kingdom. The S&P 500 (SNPINDEX: ^GSPC) closed higher on the news, but by only 0.6%. However, the Trump administration announced another trade deal on Monday with China. This time, the S&P 500 jumped nearly 3%...
The Motley Fool
Wed, May 14
Stocks
American Eagle Outfitters sinks after pulling annual outlook
** Apparel company American Eagle Outfitters AEO.N dips 14.78% to $10.84 in premarket trading** Co withdrew its annual forecasts on Tuesday and took a $75 million inventory charge on its spring and summer collection due to economic uncertainty fueled by tariffs** Jefferies cuts PT on the stock to $1...
Reuters
Wed, May 14
Stocks
GLOBAL MARKETS-European shares steady, dollar softens further on tariff truce, muted inflation
European stocks steady after strong rallyFed cautious on rate cuts due to tariff uncertaintyDollar remains under pressure By Samuel Indyk and Rocky Swift LONDON/TOKYO, May 14 (Reuters) - European stocks were little changed as markets took a breather after a strong rally on easing global trade ten...
Reuters
Wed, May 14
Stocks
2 Fintech Growth Stocks to Buy With $200 and Hold Forever
The stock market has experienced significant volatility over the past month, as investors grapple with tariffs and their possible impact on the broader economy.Two companies that tariffs may have a lesser impact on are Robinhood Markets (NASDAQ: HOOD) and Nu Holdings (NYSE: NU). These two fintechs a...
The Motley Fool
Wed, May 14
Commodities
Silver Price Forecast: XAG/USD holds losses below $33.00 as safe-haven demand weakens
Silver price (XAG/USD) Oil price halts its four-day winning streak, trading around $32.80 per troy ounce during the European hours on Wednesday. The metal’s safe-haven appeal has weakened amid easing global trade tensions.
Silver
Fxstreet
Wed, May 14
Stocks
Warren Buffett Said Apple CEO Tim Cook Has Made Berkshire Hathaway More Money Than He Has: Was He Right?
Warren Buffett did something he usually doesn't do at Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) latest annual shareholder meeting. And I'm not talking about announcing he was stepping down as CEO.The legendary investor singled out Apple (NASDAQ: AAPL) CEO Tim Cook in the audience. Buffett sai...
The Motley Fool
Wed, May 14
Economic Indicator
ECB's Nagel sees 'good probability' of converging towards 2% price target
MADRID, May 13 (Reuters) - European Central Bank policymaker Joachim Nagel said on Wednesday there was a "good probability" inflation would converge towards the around 2% inflation target, though he stopped short of indicating the future path of interest rates due to current uncertainty arou...
Reuters
Wed, May 14
Other
Selective’s standard lines COO Hall to retire in 2026
By Mia MacGregorMay 13 - (The Insurer) - Selective Insurance Group has announced the upcoming retirement of Brenda Hall, executive vice president and chief operating officer of standard lines.Hall's retirement will take effect on January 5, 2026. The company stated that it will undertake a proce...
Reuters
Wed, May 14
Forex
Turkey finance minister Simsek says economy is on track despite slower growth
LONDON, May 14 (Reuters) - Turkey's finance minister said the country's economic transformation was on track and that the country was prepared to deal with slower growth. Finance Minister Mehmet Simsek said that tighter financial conditions, lower oil prices and a weaker dollar were likely t...
Reuters
Wed, May 14
Commodities
Trump urges Syria's Sharaa to sign onto Abraham accords, White House spokesperson says
DUBAI, May 14 (Reuters) - U.S. President Donald Trump urged Syria's president Ahmed al-Sharaa on Wednesday to sign onto the Abraham accords with Israel, a day after a surprise U.S. announcement it would lift all sanctions on the Islamist-led government, a White House spokesperson said.
Reuters
Wed, May 14
Stocks
Spousal Social Security Benefits: 3 Things Married Couples Must Know in Retirement
The 2024 Social Security Survey from Nationwide Retirement Institute identified prevalent and problematic knowledge gaps on the topic of spousal benefits.30% of surveyed adults incorrectly marked this statement as false: Social Security may offer benefits for your spouse or children.53% of surveyed ...
The Motley Fool
Wed, May 14
Other
Saudi Crown Prince: We seek to work with U.S. to de-escalate tensions in the Middle East
DUBAI, May 14 (Reuters) - Saudi Arabia's Crown Prince Mohammed bin Salman said on Wednesday that Arab Gulf states were seeking to work with the U.S. to de-escalate tensions in the region, as the Israel-Hamas war in Gaza continues to drag on and destabilise the Middle East.
Reuters
Wed, May 14
Other
Fortress sets up Abu Dhabi office, appoints regional head in push for Gulf growth
By Hadeel Al Sayegh and Manya Saini ABU DHABI, May 14 (Reuters) - Fortress Investment Group has opened an office in Abu Dhabi and appointed a senior executive to build its business in the Gulf region, the U.S. firm said on Wednesday.Co-CEO Drew McKnight told Reuters in an interview that Charles S...
Reuters
Wed, May 14
Stocks
3 Top Dividend Stocks Yielding Over 3% to Buy Before They Soar
The stock market has taken investors on quite a roller-coaster ride in the past year. It tumbled due to concerns that tariffs could cause an uptick in inflation and a slowdown in economic growth. However, it has bounced back as the U.S. has walked back its initially high tariff rates. While most sto...
The Motley Fool
Wed, May 14
Commodities
Gold retreats slightly, failing to benefit from US dollar weakness
Gold (XAU/USD) dips back to $3,225 on Wednesday as it faces renewed outflows, erasing almost all the gains registered on Tuesday. Softer-than-expected inflation data for April released on Tuesday provided a sigh of relief for markets, with the widely-feared inflation shock from tariffs not material
Gold
Fxstreet
Wed, May 14
Other
WTW: Political risk emerges as a top concern for global firms
By Mia MacGregorMay 13 - (The Insurer) - Political risk is emerging as a significant worry for global firms, with a recent report from WTW indicating that 74% of companies cite it as one of their top five concerns. This risk has climbed up the enterprise risk management (ERM) risk register not only ...
Reuters
Wed, May 14
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