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Lument Finance Trust Q1 Adjusted EPS USD 0.08
May 12 (Reuters) - Lument Finance Trust Inc LFT.N:LUMENT FINANCE TRUST Q1 ADJUSTED EPS USD 0.08LUMENT FINANCE TRUST Q1 NET INCOME USD -1.7 MILLIONLUMENT FINANCE TRUST Q1 ADJUSTED NET INCOME USD 4 MILLIONLUMENT FINANCE TRUST Q1 EPS USD -0.03Reuters
Mon, May 12
Stocks
Amazon strikes new partnership with FedEx after UPS pullback
May 12 (Reuters) - Amazon AMZN.O said on Monday it has struck a new partnership with FedEx FDX.N in late February to handle some parts of its package deliveries. FedEx shares rose 1.7% after the closing bell. Business Insider first reported the news on Monday, citing an internal documen...Reuters
Mon, May 12
Other
Stantec Inc expected to post earnings of C$1.11 a share - Earnings Preview
Stantec Inc STN.TO is expected to show a rise in quarterly revenue when it reports results on May 14 for the period ending March 31 2025The Edmonton Alberta-based company is expected to report a 12.6% increase in revenue to C$1.542 billion from C$1.37 billion a year ago, according to the mean est...Reuters
Mon, May 12
Other
Mercedes to add GLC SUV production at Alabama plant
By Kalea Hall DETROIT, May 12 (Reuters) - Mercedes MBGn.DE executives on Monday said the company will add production of its GLC SUV for North America at its plant in Tuscaloosa, Alabama. Earlier this month , the German automaker said it would bring a new vehicle to the Alabama...Reuters
Mon, May 12
Other
eGain Corp expected to post earnings of 5 cents a share - Earnings Preview
eGain Corp EGAN.OQ EGAN.O is expected to show a fall in quarterly revenue when it reports results on May 14 for the period ending March 31 2025The Sunnyvale California-based company is expected to report a 5.0% decrease in revenue to $21.242 million from $22.35 million a year ago, according to the...Reuters
Mon, May 12
Stocks
Trump's drug pricing order delivers blow to pharmacy benefit managers
Trump's order aims to align U.S. drug prices with international standardsCVS, Cigna, UnitedHealth shares drop amid executive order announcementPBMs may adjust service fees to offset pricing changes, one analyst saysBy Amina Niasse NEW YORK, May 12 (Reuters) - President Donald Trump on Monday ...Reuters
Mon, May 12
Other
Electrovaya Inc expected to post earnings of 3 cents a share - Earnings Preview
Electrovaya Inc ELVA.TO is expected to show a rise in quarterly revenue when it reports results on May 14 for the period ending March 31 2025The Mississauga Ontario-based company is expected to report a 59.0% increase in revenue to $17 million from $10.7 million a year ago, according to the estim...Reuters
Mon, May 12
Economic Indicator
REIT Simon Property posts rise in quarterly real estate funds from operations
May 12 (Reuters) - Simon Property Group SPG.N reported a rise in first-quarter real estate funds from operations on Monday, helped by resilient leasing demand at its shopping centers.The commercial real estate investment trust counts LVMH LVMH.PA, top luxury brand and owner of Louis Vuitton, Christi...Reuters
Mon, May 12
Stocks
Enanta Pharmaceuticals Inc reports results for the quarter ended March 31 - Earnings Summary
Enanta Pharmaceuticals Inc ENTA.OQ reported a quarterly adjusted loss of $1.06 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-1.47. The mean expectation of five analysts for the quarter was for a loss of $1.14 per share. Wall S...Reuters
Mon, May 12
Other
Cisco Systems Inc expected to post earnings of 92 cents a share - Earnings Preview
Cisco Systems Inc CSCO.OQ CSCO.O is expected to show a rise in quarterly revenue when it reports results on May 14 for the period ending April 30 2025The San Jose California-based company is expected to report a 10.8% increase in revenue to $14.079 billion from $12.7 billion a year ago, according ...Reuters
Mon, May 12
Other
Trump's Energy Department unveils broad rule changes aimed at cutting red tape
May 12 (Reuters) - The U.S. Department of Energy on Monday proposed to eliminate or change more than 40 regulations and programs to align them with President Donald Trump's efforts to relax federal rules and gut diversity initiatives.The moves will save U.S. taxpayers $11 billion, the agency sai...Reuters
Mon, May 12
Other
Cytosorbents Corp expected to post a loss of 7 cents a share - Earnings Preview
Cytosorbents Corp CTSO.OQ CTSO.O is expected to show a fall in quarterly revenue when it reports results on May 14 for the period ending March 31 2025The Princeton New Jersey-based company is expected to report a 8.0% decrease in revenue to $9.007 million from $9.79 million a year ago, according t...Reuters
Mon, May 12
Other
Ascend Wellness Q1 Operating Income USD 2.486 Million
May 12 (Reuters) - Ascend Wellness Holdings Inc AAWH.PK:ASCEND WELLNESS Q1 OPERATING INCOME USD 2.486 MILLIONASCEND WELLNESS Q1 NET INCOME USD -19.258 MILLIONASCEND WELLNESS Q1 REVENUE USD 127.997 MILLIONASCEND WELLNESS Q1 PRETAX PROFIT USD -8.227 MILLIONASCEND WELLNESS Q1 EPS USD -0.09Reuters
Mon, May 12
Stocks
ANALYSIS-Investors cheer US-China tariff truce, but cautious over a final deal
US and China agree to temporarily slash reciprocal tariffsDeal boosts dollar, stocks; safe havens slumpBut uncertainty prevails, focus turning to tax cutsBy Amanda Cooper, Samuel Shen and Lewis Krauskopf LONDON/SHANGHAI/NEW YORK, May 12 (Reuters) - A truce in the U.S.-China trade war set off a re...Reuters
Mon, May 12
Other
Infobird Co Ltd On May 7, MS. Cheuk Yee Li Resigned As CEO, Chairperson Of Board Of Directors And Director Of Co
May 12 (Reuters) - Infobird Co Ltd IFBD.O:INFOBIRD CO LTD: ON MAY 7, MS. CHEUK YEE LI RESIGNED AS CEO, CHAIRPERSON OF BOARD OF DIRECTORS AND DIRECTOR OF COINFOBIRD CO LTD: ON MAY 7, XIANGYANG WEN APPOINTED AS CEO, CHAIRMAN OF BOARD OF DIRECTORS, PRESIDENT AND DIRECTOR OF COReuters
Mon, May 12
Other
Global banking regulators agree to prioritise climate risk work
U.S. pushback contrasts with European climate risk integrationBasel Committee to publish voluntary climate risk disclosure frameworkU.S. Fed and Treasury scale back climate-related effortsTrump and Republicans oppose ESG-linked policiesBy Virginia Furness LONDON, May 12 (Reuters) - Global banking...Reuters
Mon, May 12
