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Maduro ally Saab arrested in Venezuela, US official says; lawyer denies it
US official says Saab arrested in joint US-Venezuelan moveSaab detained along with Globovision chief, official saysSaab's lawyer denies that he was arrestedVenezuela's top lawmaker says he has no information about the matterBy Jana Winter and Emilio Parodi WASHINGTON, Feb 4 (Reuters) - Ve...Reuters
Thu, Feb 5
Cryptocurrencies
‘Never Skip a Leg Day’: The Mantra to Break the Crypto Downturn?
Quick Facts: ➡️ The current price chop is a necessary consolidation (‘leg day’) likely building support for a breakout toward $80K. ➡️ A sustained move above $72K is required to confirm the end of the downturn and activate the next parabolic phase. ➡️ A loss of the $58.5K support level w...Bitcoinist
Thu, Feb 5
Other
XPO Q4 revenue beats on productivity improvements
OverviewFreight transportation firm's Q4 revenue rose 4.7%, beating analyst expectationsAdjusted EPS for Q4 beat analyst expectationsAdjusted EBITDA for Q4 beat analyst expectationsOutlookXPO expects significant acceleration in free cash flow in coming yearsCompany aims for market-leading margin...Reuters
Thu, Feb 5
Other
MasterCraft beats Q2 sales, EPS estimates; to acquire Marine Products Corp
OverviewBoat manufacturer reported fiscal Q2 net sales up 13.2%, beating analyst expectationsAdjusted EPS for fiscal Q2 beat analyst expectationsCompany to acquire Marine Products Corporation in cash and stock transactionOutlookMasterCraft expects full-year fiscal 2026 net sales between $300 mln and...Reuters
Thu, Feb 5
Cryptocurrencies
Crypto Today: Bitcoin, Ethereum, XRP tumble as retail dumps, risk-off mood prevails
Bitcoin (BTC) is trading under pressure at the time of writing on Thursday, holding above $70,000 after hitting an intraday low of $70,140. The decline reflects weakening demand from both institutional and retail investors.
Stocks
You Can Tap an IRA Penalty-Free to Buy a Home. Here's Why You Shouldn't.
Key PointsIRA withdrawals prior to age 59 and 1/2 usually result in a 10% early withdrawal penalty.There's an exception for first-time homebuyers.If you take money out of your IRA to buy a home, it could set you back later in life. The $23,760 Social Security bonus most retirees completely overlook ...The Motley Fool
Thu, Feb 5
Forex
USD/CAD remains bid near 1.3700, buoyed by the risk-off mood
The US Dollar (USD) appreciates for the second consecutive day against the Canadian Dollar (CAD). Bulls have failed to find acceptance above 1.3700 earlier on the day, but the pair remains bid, trading at 1.3685, with the safe-haven USD favoured by the dismal market mood.
Fxstreet
Thu, Feb 5
Other
Marine Products Q4 net sales rise on volume and pricing
OverviewFiberglass boat maker's Q4 net sales rose 35% yr/yrNet income for Q4 fell 45% yr/yr due to tax impactsCompany ended Q4 with $43.5 mln cash and no debtResult DriversSALES VOLUME AND PRICING - Net sales rose 35% due to a 22% increase in boats sold and a 12% price/mix increaseTAX IMPACT - N...Reuters
Thu, Feb 5
Other
Tapestry beats Q2 revenue estimates, hikes FY forecast
OverviewAccessories and lifestyle brand's fiscal Q2 revenue grew 14%, beating analyst expectationsNon-GAAP EPS for fiscal Q2 increased 34% yr/yrCompany on track to return $1.5 bln to shareholders in fiscal 2026OutlookTapestry raises fiscal 2026 revenue outlook to over $7.75 bln, up from $7.3 bln...Reuters
Thu, Feb 5
Other
Thermon Q3 revenue up 9.6%, beats estimates
OverviewIndustrial process heating firm's Q3 revenue grew 9.6%, beating analyst expectationsAdjusted EPS for Q3 beat analyst expectationsCompany raised full-year fiscal 2026 guidance citing strong bookings momentumOutlookThermon raises full-year fiscal 2026 revenue guidance to $516-$526 mlnCompa...Reuters
Thu, Feb 5
Other
Hershey Q4 sales beat estimates higher price realization and retail demand
OverviewConfectionery giant's Q4 net sales rose 7%, beating analyst expectationsAdjusted EPS for Q4 beat analyst expectationsNorth America Salty Snacks segment grew 28%, aided by LesserEvil acquisitionOutlookHershey expects 2026 full-year net sales to grow 4% to 5%Company projects 2026 full-year...Reuters
Thu, Feb 5
Other
KKR Reorts Q4 Total Rev $5.74 Bln Versus IBES Estimate $2.04 Bln
Feb 5 (Reuters) - KKR & Co Inc KKR.N:KKR Q4 TOTAL REVENUE $5.74 BILLION VERSUS IBES ESTIMATE $2.04 BILLIONKKR Q4 ADJUSTED EPS $1.12 VERSUS IBES ESTIMATE $1.16KKR Q4 AUM $744 BILLION VERSUS IBES ESTIMATE $742.3 BILLIONKKR Q4 FEE RELATED EARNINGS $1 BILLIONKKR: Q4 MANAGEMENT FEES $1.12 BILLIONKKR:...Reuters
Thu, Feb 5
Other
UK PM says he had no reason to doubt Mandelson on Epstein prior to US appointment
LONDON, Feb 5 (Reuters) - British Prime Minister Keir Starmer said on Thursday that he had no reason to doubt former U.S. ambassador Peter Mandelson's account of his relationship with Jeffrey Epstein prior to appointing Mandelson to the Washington position."I had no reason at that stage to t...Reuters
Thu, Feb 5
Other
Cardinal Health Q2 revenue up 19%, beats estimates
OverviewPharmaceutical distributor's fiscal Q2 revenue rose 19%, beating analyst expectationsAdjusted EPS for fiscal Q2 beat analyst expectationsCompany completed $750 mln share repurchase programOutlookCardinal Health raises fiscal year 2026 non-GAAP EPS guidance to $10.15-$10.35Company expects...Reuters
Thu, Feb 5
Other
Canada's Canada Goose Q3 revenue up 14%, beats estimates
OverviewCanada outerwear maker's Q3 revenue grew 14%, beating analyst expectationsAdjusted EPS for Q3 was C$1.43Company opened four new stores, expanding global retail presenceOutlookCanada Goose aims to expand margins through SG&A discipline and marketing efficiencyResult DriversDTC GROWTH ...Reuters
Thu, Feb 5
Other
Olympics-Alpine skiing-Italian trio set pace in men's downhill training
By Martyn HermanBORMIO, Italy, Feb 5 (Reuters) - Italy's speed team laid down a marker on the second training day for the Olympic downhill with Mattia Casse, Florian Schieder and Giovanni Franzoni setting the three quickest times on Thursday.Sparkling sunshine on a crisp day in Bormio provided b...Reuters
Thu, Feb 5
Other
Olympics-Luge-Triple challenge of turn four could decide medals in three sports
By Mitch PhillipsCORTINA D'AMPEZZO, Italy, Feb 5 (Reuters) - Turn four of the new Cortina Olympic sliding track - named Labirinti (labyrinths) and consisting of three high-speed, back to back curves - has already been identified as the crucial part of the course for luge, skeleton and bobsleigh....Reuters
Thu, Feb 5
Commodities
WRAPUP 2-Silver tumbles, oil drops in commodity sell-off
Silver drops nearly 15%; gold and oil give up about 2%Easing U.S.-China, U.S.-Iran tension reduces premiumsSoybeans buck trend on hopes of increased Chinese buyingBy Naveen Thukral and Eric Onstad SINGAPORE/LONDON, Feb 5 (Reuters) - Commodities prices slid on Thursday, led by silver, part of a br...Reuters
Thu, Feb 5
Other
Buyout giant KKR reports rising management fees, lower transaction fees
By Isla Binnie and Pritam BiswasFeb 5 (Reuters) - Investment firm KKR KKR.N reported a rise in fourth-quarter income from fees it earns on managing new capital on Thursday, but booked lower fees earned from transactions, while a one-off charge weighed on a key profit metric.The New York-based group ...Reuters
Thu, Feb 5
Other
Luxury parka maker Canada Goose beats third-quarter revenue estimates
Feb 5 (Reuters) - Luxury apparel maker Canada Goose GOOS.TO beat Wall Street estimates for third-quarter revenue on Thursday, helped by resilient demand among younger shoppers for its new launches amid heavier marketing spending. The company reported quarterly revenue of C$694.5 million ($507.54 mil...Reuters
Thu, Feb 5
