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Forex
EUR/USD rebounds on Tuesday as Greenback bids wither
EUR/USD rose on Tuesday, clawing back most of the week’s starting losses. The pair is now testing back into the 1.1200 handle, thanks to a general broad-market weakening in the Greenback than any particular bullish momentum bootstrapping Euro market flows.
Fxstreet
Tue, May 13
Other
Judge indicted on obstructing immigration case, New York Times reports
May 13 (Reuters) - A Wisconsin judge who was arrested last month and accused of helping an undocumented immigrant in her court briefly evade immigration authorities was indicted by a federal grand jury on Tuesday on charges of concealing a person from arrest and obstruction of proceedings, the New Y...Reuters
Tue, May 13
Other
Digital banking startup Chime reveals rise in revenue as it files for US IPO
By Jaiveer Shekhawat and Manya SainiMay 13 (Reuters) - Digital banking fintech firm Chime disclosed a rise in 2024 revenue in its IPO filing on Tuesday for a long-awaited U.S. stock market launch. Financial technology companies have increasingly entered the U.S. lending space, aiming to wrest ma...Reuters
Tue, May 13
Other
Lack of oxygen likely incapacitated pilot of plane in 2023 fatal crash that prompted DC scare
WASHINGTON, May 13 (Reuters) - A lack of oxygen likely incapacitated the pilot of a Cessna 560 in June 2023 that prompted the U.S. military to scramble F-16 fighter jets in a chase before the small plane crashed into the mountains of Virginia killing all four occupants, a final report said on Tuesda...Reuters
Tue, May 13
Stocks
1 Surprising Way Trump's Tariffs Could Affect Bitcoin
For much of its history, Bitcoin (CRYPTO: BTC) has been considered the ultimate "risk on" asset. It is highly volatile, and it is prone to boom-and-bust cycles. Many investors and analysts warn against adding even a smidgen of Bitcoin to a portfolio, due to its unpredictable risk-reward profile.But ...The Motley Fool
Tue, May 13
Other
Brazil meatpacker JBS sees slim trade war impact as Q1 earnings top forecasts
Q1 EBITDA tops analyst forecastsSeara and U.S. Pilgrim's Pride report record high EBITDA marginsRising Brazilian cattle prices, global trade war cloud outlook By Ana Mano and Roberto Samora SAO PAULO, May 13 (Reuters) - JBS JBSS3.SA, the world's largest meatpacker, reported a nearly 78% a...Reuters
Tue, May 13
Other
Mexico hopes early USMCA review will give investors, consumers clarity
By Natalia Siniawski MEXICO CITY, May 13 (Reuters) - Mexico hopes to start a review of its trilateral trade agreement with the U.S. and Canada in the second half of this year, ahead of schedule, to provide clarity to consumers and investors, the nation's economy minister said on Tuesday.&...Reuters
Tue, May 13
Stocks
TWFG Inc reports results for the quarter ended March 31 - Earnings Summary
TWFG Inc TWFG.OQ reported quarterly adjusted earnings of 16 cents per share for the quarter ended March 31. The mean expectation of eight analysts for the quarter was for earnings of 15 cents per share. Wall Street expected results to range from 14 cents to 18 cents per share.Revenue was $53.82 m...Reuters
Tue, May 13
Economic Indicator
Vermont governor pauses electric vehicle requirements
By David Shepardson WASHINGTON, May 13 (Reuters) - Vermont Governor Phil Scott paused the state's electric vehicle sales requirements for passenger cars and medium and heavy-duty trucks on Tuesday, amid broader concerns about the feasibility of zero-emission vehicle rules pioneered by Califor...Reuters
Tue, May 13
Stocks
Why JD.com Stock Topped the Market Today
Investors were certainly buying what sprawling Chinese e-commerce company JD.com (NASDAQ: JD) was advertising on Tuesday. On offer was the company's latest set of quarterly results, which beat estimates and helped push its U.S.-listed American depositary shares (ADSs) more than 3% higher in price. T...The Motley Fool
Tue, May 13
Stocks
Uber announces $1 bln notes exchangeable for Aurora Innovation; AUR shares tumble
** Uber Technologies UBER.N announces notes exchangeable for Aurora Innovation AUR.O, sending the self-driving tech maker's shares down 14.8% in extended trading to $6.24** San Francisco, California-based ride-hailing co Uber announces private offering of $1 bln exchangeable notes due 2028** It ...Reuters
Tue, May 13
Stocks
Lyell Immunopharma Inc reports results for the quarter ended March 31 - Earnings Summary
Lyell Immunopharma Inc LYEL.OQ reported a quarterly adjusted loss of 18 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -24 cents. The mean expectation of three analysts for the quarter was for a loss of 18 cents per share. ...Reuters
Tue, May 13
Other
Melcor Developments Announces First Quarter Results, Declares Quarterly Dividend Of $0.11 Per Share
May 13 (Reuters) - Melcor Developments Ltd MRD.TO:MELCOR DEVELOPMENTS ANNOUNCES FIRST QUARTER RESULTS, DECLARES QUARTERLY DIVIDEND OF $0.11 PER SHAREMELCOR DEVELOPMENTS LTD: QTRLY REVENUE WAS UP 2.0% TO $50.74 MILLIONMELCOR DEVELOPMENTS LTD: QTRLY EPS $0.17Reuters
Tue, May 13
Stocks
Superior Plus Corp reports results for the quarter ended March 31 - Earnings Summary
Superior Plus Corp SPB.TO reported quarterly adjusted earnings of 66 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 22 cents. The mean expectation of six analysts for the quarter was for earnings of 37 cents per share. Wall...Reuters
Tue, May 13
Stocks
Alico Inc reports results for the quarter ended March 31 - Earnings Summary
Alico Inc ALCO.OQ reported a quarterly adjusted loss of $10.99 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 26 cents. The lone analyst forecast for the quarter was for a loss of 36 cents per share. Revenue fell 0.7% to $17.98 mi...Reuters
Tue, May 13
