News
Important Only
Stocks
Annovis Bio Inc reports results for the quarter ended March 31 - Earnings Summary
Annovis Bio Inc ANVS.N reported a quarterly adjusted loss of 32 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -10 cents. The mean expectation of five analysts for the quarter was for a loss of 36 cents per share. Wall Stree...Reuters
Tue, May 13
Stocks
American Eagle withdraws annual targets as tariff uncertainty hits demand, shares drop
May 13 (Reuters) - American Eagle Outfitters AEO.N 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, sending its shares crashing 18% in extended trading.Persistently high inflation in th...Reuters
Tue, May 13
Stocks
Checkpoint Therapeutics Inc reports results for the quarter ended March 31 - Earnings Summary
Checkpoint Therapeutics Inc CKPT.OQ reported a quarterly adjusted loss of 19 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -33 cents. The lone analyst forecast for the quarter was for a loss of 17 cents per share. Reported...Reuters
Tue, May 13
Other
REFILE-US judge says Trump can use Alien Enemies Act for western Pennsylvania deportations, WaPo reports
May 13 (Reuters) - A federal judge in Pennsylvania has ruled the United States can use the Alien Enemies Act to fast-track the deportation of accused gang members in the state's western district but must give them at least 21 days notice and the opportunity to challenge their removals, the Washi...Reuters
Tue, May 13
Other
US to speed up oil and gas land parcel reviews for federal leasing
May 13 (Reuters) - The Trump administration will shrink the time it takes to review potential land parcels on federal lands for oil and gas development by about half, to six months, the Interior Department said on Tuesday.WHY IT'S IMPORTANT The move to streamline the oil and gas leasing process ...Reuters
Tue, May 13
Stocks
GLOBAL MARKETS-US inflation data lifts global equities; dollar falls
US-China tariff pause lifts sentiment but worries linger Traders reel in bets on Fed rate cutsBy Chris Prentice and Amanda Cooper NEW YORK/LONDON, May 13 (Reuters) - The dollar fell and major U.S. stock indexes rose on Tuesday on news that U.S. consumer inflation picked up less than expected in A...Reuters
Tue, May 13
Stocks
Anebulo Pharmaceuticals Inc reports results for the quarter ended March 31 - Earnings Summary
Anebulo Pharmaceuticals Inc ANEB.OQ reported a quarterly adjusted loss of 4 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -6 cents. The lone analyst forecast for the quarter was for a loss of 5 cents per share. Reported re...Reuters
Tue, May 13
Other
Brazil's JBS reports profit of $521 million in first quarter
SAO PAULO, May 13 (Reuters) - JBS JBSS3.SA, the world's largest meatpacker, on Tuesday reported a net profit of 2.92 billion reais ($521 million) in the first quarter, in line with analysts' estimates of a 2.92 billion real net profit and a nearly 78% annual increase.In a financial statement...Reuters
Tue, May 13
Stocks
Akamai Tech slips on planned $1.35 bln convertible debt deal
** Shares of Akamai Technologies AKAM.O down 2.8% at $76.75 in extended trading as cloud co looks to raise capital to refinance debt** Cambridge, Massachusetts Akamai offering privately $1.35 bln convertible bonds (CBs) due 2033** Co plans to use net proceeds to repay approx $250 in borrowings under...Reuters
Tue, May 13
Other
Boy Scouts organization defeats appeals over $2.46 bln sex abuse settlement
By Dietrich Knauth May 13 (Reuters) - A federal appeals court on Tuesday rejected calls to overturn the Boy Scouts of America's $2.46 billion sex abuse settlement, saying the appeals came too late to upend the settlement because the youth organization had already emerged from bankruptcy two y...Reuters
Tue, May 13
Other
WRAPUP 3-US slashes 'de minimis' tariff on small China parcels to as low as 30%
Trump cuts duties on China low-value commercial shipments to 30%-experts Tariffs on China postal shipments cut to 54% or $100 per package US de minimis rule blamed for flood of cheap imports and smugglingBy Farah Master, Casey Hall and Lisa Baertlein HONG KONG/SHANGHAI/LOS ANGELES, May 13 (Reuter...Reuters
Tue, May 13
Other
Southwest Airlines files for permit to fly more international routes
May 13 (Reuters) - Southwest Airlines LUV.N on Tuesday filed with U.S. regulators asking for a permit to fly more international routes, including Europe, hinting at plans to expand its limited global network.The carrier's filing with the U.S. Department of Transport seeks permission to transport...Reuters
Tue, May 13
Other
Golf-Scheffler unperturbed after rain interrupts Quail Hollow practice
By Frank PingueCHARLOTTE, North Carolina, May 13 (Reuters) - Scottie Scheffler is unfazed by the heavy rains that have severely hampered players' preparation for this week's PGA Championship at Quail Hollow Club and said on Tuesday he will be ready to roll when the major begins later this w...Reuters
Tue, May 13
Other
New Fortress Energy extends quarterly report filing due to delay in Jamaica business sale
May 13 (Reuters) - U.S.-based LNG company New Fortress Energy NFE.O said on Tuesday it intends to file its first-quarter report within the five-day extension period due to a delay in completing the previously announced sale of its Jamaica business.Reuters
Tue, May 13
Other
China's Sinopec raises HK$7.75 billion exchangeable bond, term sheet shows
By Scott Murdoch SYDNEY, May 13 (Reuters) - China's Sinopec 600028.SS has raised HK$7.75 billion ($994.42 million) through an exchangeable bond, according to a term sheet seen by Reuters. The coupon for the seven-year bond was set at 0.75% and will be issued by a unit of Sinopec Group, the te...Reuters
Tue, May 13
Other
Magnitude 5.9 earthquake strikes off coast of Jalisco, Mexico, EMSC says
May 13 (Reuters) - A magnitude 5.9 earthquake struck off the coast of Jalisco in Mexico, the European Mediterranean Seismological Centre (ESMC)said on Tuesday. The quake was at a depth of 10 km (6.21 miles), EMSC said.Reuters
Tue, May 13
Stocks
Venture Global LNG shares surge as company announces Plaquemines ramp-up
Venture Global entire Plaquemines plant to produce LNG by end of 2025Company plans to sell 550 LNG cargoes from CP2 project before moving to commercial operationsVenture Global stock price soars almost 10% tradingBy Tanay Dhumal and Curtis Williams May 13 (Reuters) - Venture Global LNG VG.N share...Reuters
Tue, May 13
Stocks
Rezolute Inc reports results for the quarter ended March 31 - Earnings Summary
Rezolute Inc RZLT.OQ reported a quarterly adjusted loss of 27 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -34 cents. The mean expectation of nine analysts for the quarter was for a loss of 22 cents per share. Wall Street...Reuters
Tue, May 13
Other
Jet.AI Inc expected to post a loss of $1.31 a share - Earnings Preview
Jet.AI Inc JTAI.OQ JTAI.O is expected to show a rise in quarterly revenue when it reports results on May 15 (estimated) for the period ending March 31 2025The Las Vegas Nevada-based company is expected to report a 1.4% increase in revenue to $3.901 million from $3.85 million a year ago, according ...Reuters
Tue, May 13
Economic Indicator
Trump to remove US sanctions on Syria in major policy shift
Trump lifts Syria sanctions after Saudi, Turkish contactsSyrian minister says US has chance for 'historic peace' deal in SyriaUN welcomes sanctions relief to aid Syria's reconstructionIsrael has warned West against establishing ties with SharaaBy Gram Slattery, Pesha Magid, Nafisa Eltahi...Reuters
Tue, May 13
