News
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Stocks
Hudbay Minerals rises on Q1 profit, revenue beat
** U.S.-listed shares of Canadian miner Hudbay Minerals HBM.TO, HBM.N jump 8% to $8.33 premarket** Company beats Q1 profit and revenue estimates, as increased gold and copper prices helped offset lower production** HBM posts Q1 adjusted profit of 24 cents/shr vs estimate of 11 cents/shr - data compi...Reuters
Mon, May 12
Stocks
Sutro Biopharma Inc reports results for the quarter ended March 31 - Earnings Summary
Sutro Biopharma Inc STRO.OQ reported a quarterly adjusted loss of 91 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -95 cents. The mean expectation of nine analysts for the quarter was for a loss of 71 cents per share. Wall...Reuters
Mon, May 12
Stocks
PepGen Inc reports results for the quarter ended March 31 - Earnings Summary
PepGen Inc PEPG.OQ reported a quarterly adjusted loss of 92 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -63 cents. The mean expectation of five analysts for the quarter was for a loss of 72 cents per share. Wall Street ex...Reuters
Mon, May 12
Stocks
Ikena Oncology Inc reports results for the quarter ended March 31 - Earnings Summary
Ikena Oncology Inc IKNA.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 -33 cents. The mean expectation of three analysts for the quarter was for a loss of 21 cents per share. Wall...Reuters
Mon, May 12
Stocks
Korro Bio Inc reports results for the quarter ended March 31 - Earnings Summary
Korro Bio Inc KRRO.OQ reported a quarterly adjusted loss of $2.49 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $-2.44. The mean expectation of ten analysts for the quarter was for a loss of $2.60 per share. Wall Street expected ...Reuters
Mon, May 12
Stocks
Invivyd rises on plan to test measles antibody treatment
** Shares of drugmaker Invivyd IVVD.O rise 11.4% to 72 cents premarket ** Co says it has started discovery program to test measles monoclonal antibody ** Monoclonal antibodies are lab-made proteins that mimic immune system's ability to fight off harmful pathogens such as viruses ** "Goal...Reuters
Mon, May 12
Stocks
I'm Not Counting on Social Security COLAs to Carry Me Through Retirement. Here's What I'm Doing to Combat Inflation Instead.
Millions of older adults look forward to the Social Security cost-of-living adjustment (COLA) each year. The COLA is an annual raise that helps benefits keep up with rising costs, and for those who depend heavily on Social Security in retirement, it can go a long way.In 2025, beneficiaries received ...The Motley Fool
Mon, May 12
Commodities
RPT-Traders rebrand Venezuelan oil for China as Brazilian, sources and tanker trackers say
China registered some 67,000 bpd of mixed bitumen imports from Brazil since July worth $1.2 blnShippers tamper with the tankers' signal to make them look like departing from BrazilApart from shortening voyages, the practice helps secure bank financing By Chen Aizhu SINGAPORE, May 12 (Reuters)...Reuters
Mon, May 12
Forex
RPT-BREAKINGVIEWS-Taiwan insurers get a stern currency warning
By Robyn Mak HONG KONG, May 12 (Reuters Breakingviews) - The Taiwanese currency’s recent stunning rally against the U.S. dollar has highlighted a big risk in an unlikely area: the island’s insurers. The large swing against the greenback, if sustained, will hit earnings at Cathay Life and its peer...Reuters
Mon, May 12
Technical Analysis
Mexican Peso weakens as US-China trade deal lifts US Dollar demand
The Mexican Peso (MXN) is trading lower against the US Dollar (USD) during Monday’s European session, weighed down by rising demand for the Greenback following a breakthrough in US–China trade talks and ongoing Banco de Mexico (Banxico) policy easing.
Fxstreet
Mon, May 12
Other
Stellantis eyes November for start of hybrid Fiat 500 production
ROME, May 12 (Reuters) - Automaker Stellantis STLAM.MI aims to start producing the hybrid version of its Fiat 500 city car in November, it said on Monday.The model, built at the historic Mirafiori plant in Turin, is meant to revitalise the Fiat brand in Europe as well as to boost flagging production...Reuters
Mon, May 12
Economic Indicator
China hosts Latin American, Caribbean nations amid US trade war talks
China-CELAC Forum challenges US dominance in Latin AmericaChina aims to strengthen trade ties with Brazil, Latin AmericaChina resumes Brazilian soybean imports, explores Chilean lithium investmentsBy Liz Lee and Laurie Chen BEIJING, May 12 (Reuters) - China will host a summit that includes its ke...Reuters
Mon, May 12
Other
TIMELINE-U.S. presidential visits to Saudi Arabia in good and bad times
By Abdelhamid Mekawy, Menna AlaaElDin and Ahmed Tolba DUBAI, May 12 (Reuters) - Donald Trump visits Saudi Arabia this week, 80 years after President Franklin D. Roosevelt laid the foundations of longstanding Saudi-U.S. relations based on an ironclad arrangement - the kingdom pumps oil, and the su...Reuters
Mon, May 12
Other
As Trump heads to the Gulf, Israel asks where it stands
Trump set to visit Saudi Arabia, Qatar and UAEHe will not visit Israel during the tripSome Israelis wonder about state of Israel-U.S. tiesBy James Mackenzie JERUSALEM, May 12 (Reuters) - Israeli officials have put a brave face on U.S. President Donald Trump bypassing them on a Middle East trip th...Reuters
Mon, May 12
Stocks
Cannabis firm Organigram rises on Q2 profit, revenue jump
** U.S.-listed shares of pot firm Organigram OGI.TO, OGI.N rise 10.2% to $1.3 premarket** Company posts Q2 profit and a jump in revenue on higher international sales and contributions from its Motif acquisition** Company posts Q2 net income of $42.5 million compared with a loss of $27.1 million a ye...Reuters
Mon, May 12
Other
Morning News Call - Canada, May 12
To access a PDF version of this newsletter, please click hereYou can read Morning News Call Canada via TOPNEWS Canada page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageCOMPANIES REPORTING RESULTSMay ...Reuters
Mon, May 12
Stocks
Why I Own Joby Aviation Stock
The future of urban air mobility isn't a winner-take-all proposition -- it's an emerging market with room for multiple innovators to succeed. While I've frequently discussed my bullish position on Archer Aviation (NYSE: ACHR) as a top small-cap growth opportunity, my portfolio's exposure to electric...The Motley Fool
Mon, May 12
