News
Important Only
Forex
BoE's Bailey welcomes potential UK-US trade deal
LONDON, May 8 (Reuters) - Bank of England Governor Andrew Bailey said on Thursday he welcomed news that Britain was poised to strike a trade deal with the United States, saying it will help reduce uncertainty."I very much welcome it, and I think it's very well done to those involved, and the...Reuters
Thu, May 8
Other
Apollo Technology Capital Corporation To Nominate Six Directors To Medipharm Labs' Board
May 8 (Reuters) - Medipharm Labs Corp LABS.TO:APOLLO TECHNOLOGY CAPITAL CORPORATION :TO NOMINATE SIX DIRECTORS TO MEDIPHARM LABS' BOARDAPOLLO: TOGETHER WITH ITS AFFILIATES AND ASSOCIATES COLLECTIVELY OWN ABOUT 3.0% OF MEDIPHARM STOCKReuters
Thu, May 8
Economic Indicator
QUOTES-Bank of England policymakers speak after rate cut
LONDON, May 8 (Reuters) - The Bank of England cut its main interest rate by 0.25 percentage points to 4.25% on Thursday, despite an unexpected three-way split among policymakers as U.S. President Donald Trump's tariffs weigh on global economic growth. Here's what Bank of England officials ...Reuters
Thu, May 8
Other
Higher interest rates to delay U.S. residential market recovery, CRH CEO says
DUBLIN, May 8 (Reuters) - A recovery in the currently subdued U.S. residential construction market will inevitably take longer due to interest rates and inflation potentially staying higher for longer, the head of the largest building materials producer in the United States, CRH CRH.N, said on Thurs...Reuters
Thu, May 8
Other
Morning News Call - Canada, May 8
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
Thu, May 8
Stocks
Lincoln National Corp reports results for the quarter ended March 31 - Earnings Summary
Lincoln National Corp LNC.N reported quarterly adjusted earnings of $1.60 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 41 cents. The mean expectation of fourteen analysts for the quarter was for earnings of $1.53 per share. Wal...Reuters
Thu, May 8
Stocks
AppLovin climbs on $800 million game portfolio sale, strong Q1 earnings
** Shares of marketing platform AppLovin APP.O rise 14.6% to $347.90 premarket** Late on Wednesday, APP said it is selling its mobile game portfolio to London-based mobile game developer Tripledot Studios for about $800 million in a cash and stock deal** Tripledot will gain 10 new game studios and a...Reuters
Thu, May 8
Commodities
Eiopa: US exit from Paris Agreement raises nat cat insurability issues
By Rebecca DelaneyMay 8 - (The Insurer) - The withdrawal of the U.S. from climate-related multilateral agreements may increase insurability challenges for the industry as losses from climate-driven natural catastrophes increase over the next 12 months, the European Insurance and Occupational Pension...Reuters
Thu, May 8
Economic Indicator
QUOTES-Bank of England policymakers speak after rate cut
LONDON, May 8 (Reuters) - The Bank of England cut its main interest rate by 0.25 percentage points to 4.25% on Thursday, despite an unexpected three-way split among policymakers as U.S. President Donald Trump's tariffs weigh on global economic growth. Here's what Bank of England officials ...Reuters
Thu, May 8
Other
FACTBOX-China exempts some US imports from tariffs
May 8 (Reuters) - China has granted tariff exemptions on select pharmaceuticals, microchips and aircraft engines from its 125% retaliatory tariffs on U.S. goods imposed after President Donald Trump unleashed his tariffs in April.It has created a so-called "whitelist" of U.S.-made products th...Reuters
Thu, May 8
Technical Analysis
CAD is pulling back within recent range – Scotiabank
The Canadian Dollar (CAD) is soft, down 0.3% vs. the US Dollar (USD) and underperforming most of the G10 currencies in an environment of broad USD strength, extending Wednesday’s post-Fed decline, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Thu, May 8
Stocks
With Competition Rising, Should Investors Give Up On This Top Growth Stock?
Intuitive Surgical (NASDAQ: ISRG) has delivered market-crushing returns over the past two decades, thanks to its leadership in the robotic-assisted surgery (RAS) market. Part of the company's appeal is that its crown jewel has had little competition.However, that may change soon. Recent developments...The Motley Fool
Thu, May 8
Stocks
J.P. Morgan upgrades Rockwell Automation to 'neutral' as profit margins rise
** J.P. Morgan upgrades Rockwell Automation ROK.N to 'neutral' from 'underweight'; raises PT to $271 from $201** Although the overall economic situation is still challenging and not showing significant improvement, company profit margins are increasing - brokerage** ROK shares up 2.4...Reuters
Thu, May 8
Stocks
BofA raises Howmet Aerospace price target on promising growth prospects
** BofA Global Research raise price objective on Howmet Aerospace HWM.N to $185 from $140, an upside of 18% to the stock's last close** Says it expects progress on Boeing commercial aircraft build rates to drive growth in 2025 ** Adds demand across commercial aerospace, defense and industrial en...Reuters
Thu, May 8
Technical Analysis
USD extending post-Fed gains as markets focus on US/UK trade deal – Scotiabank
The US Dollar (USD) is entering Thursday’s NA session with broad strength against all of the G10 currencies and is seeing notable gains vs. Japanese Yen (JPY), Swiss Franc (CHF), Canadian Dollar (CAD), and New Zealand Dollar (NZD), Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
Thu, May 8
Stocks
U.S. STOCKS ON THE MOVE-Intel, Occidental Petroleum, Kenvue
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock index futures gained on Thursday on news that the Trump administration was on the cusp of a trade agreement with Britain, while chip stocks advanced on the prospect of fewer expor...Reuters
Thu, May 8
Cryptocurrencies
China likely to record a dip in April exports due to US tariffs
Exports of products made in inland China, a long-term pillar of its post-pandemic recovery, appear to be sputtering under the weight of renewed US tariffs by the Trump administration. China is one of the countries hardest hit by the US-imposed tariffs, which have escalated the geopolitical tensions between the two economic superpowers, with effects spilling […]Cryptopolitan
Thu, May 8
