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Amazon strikes new partnership with FedEx after UPS pullback, Business Insider reports
May 12 (Reuters) - Amazon AMZN.O struck a new partnership with FedEx FDX.N in late February to handle some parts of its package deliveries, Business Insider reported on Monday, citing an internal document. Amazon and FedEx did not immediately respond to Reuters' requests for comment.Reuters
Mon, May 12
Other
StandardAero Announces First Quarter Results
May 12 (Reuters) - StandardAero, Inc. SARO.N:STANDARDAERO ANNOUNCES FIRST QUARTER RESULTSOUTLOOK FY25 REVENUE $5,825 MILLION TO $5,975 MILLIONFY2025 REVENUE VIEW $5.89 BILLION -- LSEG IBES DATA: Q1 REVENUE $1,435.6 MILLIONOUTLOOK FY25 ADJUSTED EBITDA $775 MILLION TO $795 MILLIONSTANDARDAERO, .: F...Reuters
Mon, May 12
Other
Fidelis Insurance Holdings Ltd expected to post a loss of 41 cents a share - Earnings Preview
Fidelis Insurance Holdings Ltd FIHL.N, FIHL.K is expected to show a rise in quarterly revenue when it reports results on May 14 for the period ending March 31 2025The Hamilton Bermuda-based company is expected to report a 19.2% increase in revenue to $927.629 million from $778.1 million a year ag...Reuters
Mon, May 12
Other
Ark Restaurants Q2 EBIT USD -4.617 Million
May 12 (Reuters) - Ark Restaurants Corp ARKR.O:ARK RESTAURANTS Q2 EBIT USD -4.617 MILLIONARK RESTAURANTS Q2 NET INCOME USD -9.144 MILLIONARK RESTAURANTS Q2 REVENUE USD 39.725 MILLIONARK RESTAURANTS Q2 ADJUSTED EBITDA USD -691 THOUSANDARK RESTAURANTS Q2 EBITDA USD -3.916 MILLIONReuters
Mon, May 12
Other
AST Spacemobile Q1 Operating Expenses USD 63.681 Million
May 12 (Reuters) - AST SpaceMobile Inc ASTS.O:AST SPACEMOBILE, INC. Q1 REVENUE USD 718 THOUSAND VERSUS. IBES ESTIMATE USD 4.2 MILLIONAST SPACEMOBILE, INC. Q1 PRETAX PROFIT USD -63.46 MILLIONAST SPACEMOBILE, INC. Q1 OPERATING EXPENSES USD 63.681 MILLIONReuters
Mon, May 12
Other
Xos Inc expected to post a loss of $1.11 a share - Earnings Preview
Xos Inc XOS.OQ XOS.O is expected to show a fall in quarterly revenue when it reports results on May 14 for the period ending March 31 2025The Los Angeles California-based company is expected to report a 22.8% decrease in revenue to $10.167 million from $13.16 million a year ago, according to the m...Reuters
Mon, May 12
Other
North American Construction Group Ltd expected to post earnings of 76 cents a share - Earnings Preview
North American Construction Group Ltd NOA.TO is expected to show a rise in quarterly revenue when it reports results on May 14 for the period ending March 31 2025The Acheson Alberta-based company is expected to report a 3.5% increase in revenue to C$307.361 million from C$297.03 million a year ag...Reuters
Mon, May 12
Commodities
US will fast-track Utah uranium mine permit
May 12 (Reuters) - The U.S. Interior Department said on Monday it will fast-track environmental permitting for Anfield Energy's AEC.V proposed Velvet-Wood uranium mine project in Utah to boost President Donald Trump's efforts to ramp up domestic energy production.As a result, the project'...Reuters
Mon, May 12
Other
PAVmed Inc expected to post a loss of 13 cents a share - Earnings Preview
PAVmed Inc PAVM.OQ PAVM.O is expected to show a fall in quarterly revenue when it reports results on May 14 for the period ending March 31 2025The New York City-based company is expected to report a 99.0% decrease in revenue to $10 thousand from $1.01 million a year ago, according to the mean esti...Reuters
Mon, May 12
Stocks
Mattel's Plea for Lower Tariffs Pays Off and the Stock Pops
The market was on fire early on Monday after President Donald Trump announced the reduction of tariffs on Chinese imports from the self-imposed 145% to 30%, for at least the next 90 days. This will allow for more negotiations, and although a deal is far from final, it looks like the tensions are com...The Motley Fool
Mon, May 12
Forex
Mexican Peso slips as US-China deal boosts USD, Banxico rate cut bets weigh
The Mexican Peso (MXN) is on the defensive against the US Dollar (USD) after developments over the weekend boosted the Greenback. A de-escalation of the US-China trade war, alongside expectations of a “large-sized” interest rate cut by the Banco de Mexico (Banxico), drove the USD/MXN pair higher.
Fxstreet
Mon, May 12
Other
Inside Debt - May 12
To access a PDF version of this newsletter, please click here You can read Inside Debt via TOPNEWS Fixed Income page.If you would like to receive this newsletter through your email, please register at: https://solutions.lseg.com/Inside-Debt-Subscription-page For an index of our newsletters click ...Reuters
Mon, May 12
Cryptocurrencies
Bitcoin Price Targets $110,000 All-Time High After Consolidation Trend Ends
Over the past three days, Bitcoin has hovered between $103,000 and $104,500, creating a narrow channel after a notable rally that saw it break above $100,000 last week. Technical analysis of the daily candlestick chart shows the formation of a minor impulsive wave from $103,000, which may mark the f...NewsBTC
Mon, May 12
Other
Global Water Resources Inc expected to post earnings of 2 cents a share - Earnings Preview
Global Water Resources Inc GWRS.OQ GWRS.O is expected to show a rise in quarterly revenue when it reports results on May 14 for the period ending March 31 2025The Phoenix Arizona-based company is expected to report a 3.4% increase in revenue to $12 million from $11.61 million a year ago, according...Reuters
Mon, May 12
