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General Dynamics, other shipbuilders must face lawsuit over pay, US appeals court rules
By Mike Scarcella May 9 (Reuters) - A U.S. appeals court on Friday revived a proposed class action accusing shipbuilding giants General Dynamics GD.N, Huntington Ingalls HII.N and others of conspiring for years to suppress compensation for naval architects and marine engineers.The Richmond-based ...Reuters
Fri, May 9
Other
Inovio Pharmaceuticals Inc expected to post a loss of 74 cents a share - Earnings Preview
Inovio Pharmaceuticals Inc INO.OQ INO.O is expected to show no change in quarterly revenue when it reports results on May 13 for the period ending March 31 2025LSEG's mean analyst estimate for Inovio Pharmaceuticals Inc is for a loss of 74 cents per share. The current average analyst rating on...Reuters
Fri, May 9
Other
VirTra Inc expected to post a loss of 7 cents a share - Earnings Preview
VirTra Inc VTSI.OQ VTSI.O is expected to show a fall in quarterly revenue when it reports results on May 12 for the period ending March 31 2025The Chandler Arizona-based company is expected to report a 32.6% decrease in revenue to $5.455 million from $8.09 million a year ago, according to the mean...Reuters
Fri, May 9
Stocks
GLOBAL MARKETS-Stocks hit pause, dollar slips with China/US trade talks in focus
World stocks barely higher ahead of key trade talksU.S. deal with UK this week was first since Trump tariff pauseChina/U.S. weekend negotiations in focus Bitcoin touches highest since January; oil rises 1%U.S. dollar, Treasury yields pull back By Sinéad Carew and Nell Mackenzie NEW YORK/LONDON, M...Reuters
Fri, May 9
Other
Hallador Energy Co expected to post a loss of 16 cents a share - Earnings Preview
Hallador Energy Co HNRG.OQ HNRG.O is expected to show a fall in quarterly revenue when it reports results on May 12 for the period ending March 31 2025The Terre Haute Indiana-based company is expected to report a 10.0% decrease in revenue to $98.7 million from $109.67 million a year ago, according...Reuters
Fri, May 9
Other
US says it agreed with Switzerland to speed up trade talks
May 9 (Reuters) - The United States and Switzerland agreed to speed up talks on reciprocal trade, the Office of the U.S. Trade Representative said on Friday following talks involving USTR Jamieson Greer, Treasury Secretary Scott Bessent and Swiss President Karin Keller-Sutter in Geneva."USTR loo...Reuters
Fri, May 9
Commodities
US Cash Crude-Grades mixed as energy firms cut oil rig count
May 9 (Reuters) - U.S. cash crude differentials were mixed on Friday, with Light Louisiana Sweet strengthening slightly, dealers said, as U.S. energy firms cut the number of oil rigs operating.The oil rig count fell by five to 474 this week, their lowest since January, energy services firm Baker Hug...Reuters
Fri, May 9
Other
Immunitybio Inc expected to post a loss of 13 cents a share - Earnings Preview
Immunitybio Inc IBRX.OQ IBRX.O is expected to show a rise in quarterly revenue when it reports results on May 12 (estimated) for the period ending March 31 2025The San Diego California-based company is expected to report a 39,937.5% increase in revenue to $16.015 million from $40 thousand a year a...Reuters
Fri, May 9
Stocks
Why Matrix Service Stock Tumbled Today
On a guardedly bullish Friday for the stock market, many titles closed the day in positive territory, but Matrix Service (NASDAQ: MTRX) wasn't one of them. On the back of a displeasing quarterly earnings release, investors sold out of the stock, and it ended the day down by almost 9%. Meanwhile, the...The Motley Fool
Fri, May 9
Other
Container shipping firms cull Asia-US service as Trump tariffs collapse trade
Scheduled weekly service withdrawals show impact of US trade policiesMSC, COSCO and others deploy fewer ships from China to USContainer ship operators also cancelling individual voyages By Lisa Baertlein LOS ANGELES, May 9 (Reuters) - Major container shipping companies are suspending at least ...Reuters
Fri, May 9
Other
TransAct Technologies Inc expected to post a loss of 10 cents a share - Earnings Preview
TransAct Technologies Inc TACT.OQ TACT.O is expected to show a rise in quarterly revenue when it reports results on May 13 for the period ending March 31 2025The Hamden Connecticut-based company is expected to report a 3.3% increase in revenue to $11.039 million from $10.69 million a year ago, acc...Reuters
Fri, May 9
Stocks
Nouveau Monde Graphite Inc expected to post a loss of 5 cents a share - Earnings Preview
Nouveau Monde Graphite Inc NOU.TO is expected to report resultson May 12 (estimated) for the period ending March 31 2025LSEG's mean analyst estimate for Nouveau Monde Graphite Inc is for a loss of 5 cents per share. The current average analyst rating on the shares is "buy" and the brea...Reuters
Fri, May 9
Stocks
TRADING DAY-All eyes on 'Geneva Convention'
By Jamie McGeever ORLANDO, Florida, May 9 (Reuters) - TRADING DAY Cautious stability World markets traded on a solid footing this week as the Trump administration struck what could be the first of "dozens" of trade deals in the coming weeks, and as investors cheered this weeken...Reuters
Fri, May 9
Other
Sangamo Therapeutics Inc expected to post a loss of 13 cents a share - Earnings Preview
Sangamo Therapeutics Inc SGMO.OQ SGMO.O is expected to show a rise in quarterly revenue when it reports results on May 12 for the period ending March 31 2025The Richmond California California-based company is expected to report a 1,441.9% increase in revenue to $7.417 million from $481 thousand a ...Reuters
Fri, May 9
Other
iHeartMedia Inc expected to post a loss of 52 cents a share - Earnings Preview
iHeartMedia Inc IHRT.OQ IHRT.O is expected to show a fall in quarterly revenue when it reports results on May 12 for the period ending March 31 2025The San Antonio Texas-based company is expected to report a 1.5% decrease in revenue to $787.358 million from $799.04 million a year ago, according to...Reuters
Fri, May 9
Other
Trump to push 'self-deportation' message in proclamation
By Jeff Mason and Ted Hesson WASHINGTON, May 9 (Reuters) - President Donald Trump on Friday plans to sign a proclamation to encourage migrants who are in the United States illegally to voluntarily depart the country, according to a White House official.The "Project Homecoming" initiative ...Reuters
Fri, May 9
Commodities
Mexico's Pemex says it addressed a leak from a Gulf of Mexico pipeline
MEXICO CITY, May 9 (Reuters) - Mexican state energy company Pemex said on Friday that it addressed a hydrocarbon leak from a pipeline that transports crude oil from the Akal-C platform in the Gulf of Mexico to the maritime terminal in the port of Dos Bocas.Pemex, which had said on Wednesday evening ...Reuters
Fri, May 9
Stocks
LIVE MARKETS-S&P 500 dips as more news on US-China trade awaited
Dow ends modestly red, S&P 500 edges down, Nasdaq ekes out gainHealthcare weakest S&P 500 sector; Energy leads gainersDollar down; bitcoin, gold rise; crude up >1.5%US 10-Year Treasury yield edges up to ~4.39%Welcome to the home for real-time coverage of markets brought to you by Reuters ...Reuters
Fri, May 9
