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Stocks
Alliant Energy ticks up after $500 million convertible bond offering priced
** Shares of utility firm Alliant Energy LNT.O rise 0.2% to $59.62 in morning trading** LNT late Monday priced its $500 million offering of convertible bonds due 2028 in a private placement ** Stock closed down 3.6% at $59.52 on Monday after LNT unveiled the $500 million convertible bond offering** ...Reuters
Tue, May 13
Other
WTW adds Gallagher’s Lofstrom as deputy regional leader for New England
By Mia MacGregorMay 13 - (The Insurer) - Willis has appointed David Lofstrom from Gallagher as deputy regional leader for New England within corporate risk and broking (CRB) in North America. Boston-based Lofstrom will report directly to Ionel Rizea, chief commercial officer for CRB North America.Lo...Reuters
Tue, May 13
Other
Keyera Corp expected to post earnings of 52 cents a share - Earnings Preview
Keyera Corp KEY.TO is expected to show a rise in quarterly revenue when it reports results on May 15 for the period ending March 31 2025The Calgary Alberta-based company is expected to report a 17.1% increase in revenue to C$1.781 billion from C$1.52 billion a year ago, according to the estimate ...Reuters
Tue, May 13
Stocks
GE Vernova rises after Saudi-US investment deal
** Shares of U.S. power equipment maker GE Vernova GEV.N up about 3% at $428.69** President Donald Trump says the U.S. has secured a $600 billion investment commitment from Saudi Arabia** The investment plan includes major exports of GE Vernova's gas turbines and energy solutions totaling $14.2 ...Reuters
Tue, May 13
Stocks
FACTBOX-Brokerages dial down US recession forecasts amid tariff optimism
May 13 (Reuters) - Some of the major brokerages have revised downward their U.S. recession forecasts after a temporary tariff truce between the U.S. and China eased global trade tensions and sparked a rally in riskier assets this week. Goldman Sachs, the first major brokera...Reuters
Tue, May 13
Other
Resilience launches cyber risk calculator to better quantify cyber threats in financial terms
By Isha MaratheMay 13 - (The Insurer) - Cyber specialist Resilience has launched an AI-powered cyber risk calculator to provide security and risk practitioners and C-Suite executives with data-driven means to quantify their cyber risk.The tool uses industry benchmarks to help stakeholders understan...Reuters
Tue, May 13
Stocks
Silicon Laboratories Inc reports results for the quarter ended March 31 - Earnings Summary
Silicon Laboratories Inc SLAB.OQ reported a quarterly adjusted loss of 8 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -92 cents. The mean expectation of eleven analysts for the quarter was for a loss of 9 cents per share....Reuters
Tue, May 13
Stocks
3 Beaten-Down Dividend Stocks With Yields Over 5% to Buy in May for Passive Income
Money doesn't grow on trees, but there are ways to collect passive income from doing nothing. Some companies pass along a portion of profits to shareholders through dividends, which can be an excellent way to book a return without selling stock.While the S&P 500 dividend yield is just 1.3%, some sto...The Motley Fool
Tue, May 13
Cryptocurrencies
Strategic Bitcoin Reserve Is Only A Matter Of Time, Says Latvia’s Economy Minister
Latvia’s Minister of Economics, Viktors Valainis, is doubling-down on his forecast that the Baltic nation will soon place a portion of its sovereign balance sheet into Bitcoin. Speaking on the UN:BLOCK podcast, he insisted that “a national strategic Bitcoin reserve is only a matter of time,” adding ...Bitcoinist
Tue, May 13
Cryptocurrencies
LM Funding America Inc expected to post a loss of 74 cents a share - Earnings Preview
LM Funding America Inc LMFA.OQ LMFA.O is expected to show a fall in quarterly revenue when it reports results on May 15 for the period ending March 31 2025The Tampa Florida-based company is expected to report a 40.0% decrease in revenue to $2.85 million from $4.75 million a year ago, according to ...Reuters
Tue, May 13
Other
Hassana Investment And Franklin Templeton Sign MoU For Saudi Private Credit Partnership
May 13 (Reuters) - HASSANA INVESTMENT COMPANY (HASSANA) :HASSANA INVESTMENT AND FRANKLIN TEMPLETON SIGN MOU FOR SAUDI PRIVATE CREDIT PARTNERSHIPMOU VALUED AT USD 150 MILLION TO EXPLORE STRATEGIC PARTNERSHIP FOR INVESTMENTS IN SAUDI PRIVATE CREDIT OPPORTUNITIESSTRATEGIC PARTNERSHIP TO MOBILIZE INSTIT...Reuters
Tue, May 13
Other
Katapult Holdings Inc expected to post a loss of $1.11 a share - Earnings Preview
Katapult Holdings Inc KPLT.OQ KPLT.O is expected to show a rise in quarterly revenue when it reports results on May 15 for the period ending March 31 2025The New York City-based company is expected to report a 10.4% increase in revenue to $71.8 million from $65.06 million a year ago, according to ...Reuters
Tue, May 13
Other
Mersana Therapeutics Inc expected to post a loss of 19 cents a share - Earnings Preview
Mersana Therapeutics Inc MRSN.OQ MRSN.O is expected to show a fall in quarterly revenue when it reports results on May 15 for the period ending March 31 2025The Cambridge Massachusetts-based company is expected to report a 36.8% decrease in revenue to $5.84 million from $9.25 million a year ago, a...Reuters
Tue, May 13
Other
Ondas Holdings Inc expected to post a loss of 10 cents a share - Earnings Preview
Ondas Holdings Inc ONDS.OQ ONDS.O is expected to show a rise in quarterly revenue when it reports results on May 15 for the period ending March 31 2025The Boston Massachusetts-based company is expected to report a 730.5% increase in revenue to $5.191 million from $625.01 thousand a year ago, accor...Reuters
Tue, May 13
Other
Bragg Gaming Group Inc expected to post a loss of 1 cent a share - Earnings Preview
Bragg Gaming Group Inc BRAG.TO is expected to show a rise in quarterly revenue when it reports results on May 15 for the period ending March 31 2025The Toronto Ontario-based company is expected to report a 11.5% increase in revenue to €26.558 million from €23.81 million a year ago, according to t...Reuters
Tue, May 13
Other
Data Storage Corp expected to post earnings of 10 cents a share - Earnings Preview
Data Storage Corp DTST.OQ DTST.O is expected to show a rise in quarterly revenue when it reports results on May 15 for the period ending March 31 2025The Melville New York-based company is expected to report a 0.8% increase in revenue to $8.3 million from $8.24 million a year ago, according to the...Reuters
Tue, May 13
Other
Garden Reach Shipbuilders March-Quarter Profit 2.44 Billion Rupees
May 13 (Reuters) - Garden Reach Shipbuilders & Engineers Ltd GRSE.NS:GARDEN REACH SHIPBUILDERS MARCH-QUARTER PROFIT 2.44 BILLION RUPEESGARDEN REACH SHIPBUILDERS MARCH-QUARTER REVENUE FROM OPERATIONS 16.42 BILLION RUPEESReuters
Tue, May 13
