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Stocks
Match rises on higher-than-expected quarterly revenue view, plan to lay off 13% of workforce
** Tinder parent Match Group's MTCH.O shares rise 4% to $31.59 premarket ** Co on Thursday forecast second-quarter revenue between $850 and $860 million, above analysts' average estimate of $846.7 million - data compiled by LSEG** MTCH said it will reduce 13% of its workforce to cut costs, a...Reuters
Thu, May 8
Other
Canadian Utilities Appoints Nancy Southern As Executive Chair, Bob Myles Named CEO
May 8 (Reuters) - Canadian Utilities Ltd CU.TO:CANADIAN UTILITIES APPOINTS NANCY SOUTHERN AS EXECUTIVE CHAIR; BOB MYLES NAMED CHIEF EXECUTIVE OFFICERCANADIAN UTILITIES LTD - BOB MYLES NAMED CHIEF EXECUTIVE OFFICER OF CANADIAN UTILITIESCANADIAN UTILITIES LTD - APPOINTS NANCY SOUTHERN AS EXECUTIVE CHA...Reuters
Thu, May 8
Stocks
Enovis falls after 2025 profit forecast cut
** Shares of medical device maker Enovis Corp ENOV.N fall 8% to $31.51 premarket** ENOV cuts its annual profit forecast in the range of $2.95 to $3.10 per share, compared with previous projected range of $3.10 to $3.25** Co, however, raises its 2025 revenue forecast to be in the range of $2.22 billi...Reuters
Thu, May 8
Stocks
EXCLUSIVE-Forensic review found India's IndusInd Bank executives traded shares before accounting disclosure, document shows
India's 5th largest private sector bank in crisis over accounting Bank CEO stepped down after accounting discrepancies disclosedInvestigation finds lapses were known internally for yearsIndusInd financial health is seen as satisfactory By Aditya Kalra and Siddhi Nayak NEW DELHI/MUMBAI, May 8 ...Reuters
Thu, May 8
Commodities
Outokumpu says uncertainty caused by Trump's tariffs to hit operations in Q2
Expects geopolitical uncertainties to impact Q2 resultsUS customers favouring locally produced steel-CFODemand in Europe remains subduedShares down 4.5%By Jagoda Darlak May 8 (Reuters) - Stainless steel maker Outokumpu OUT1V.HE expects global uncertainties related to U.S. President Donald Trump&#...Reuters
Thu, May 8
Stocks
Haemonetics Corp reports results for the quarter ended March 31 - Earnings Summary
Haemonetics Corp HAE.N reported quarterly adjusted earnings of $1.24 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 90 cents. The mean expectation of ten analysts for the quarter was for earnings of $1.22 per share. Wall Street e...Reuters
Thu, May 8
Stocks
Axon rises after lifting annual revenue forecast
** TASER maker Axon Enterprise's shares AXON.O up 6.8% at $643 premarket ** On Wednesday, AXON raised its annual revenue forecast to between $2.60 bln and $2.70 bln, compared with prior range of $2.55 bln to $2.65 bln** J.P.Morgan says it continues to see AXON "well-positioned" despite a...Reuters
Thu, May 8
Other
Pakistan defence minister says U.S. leading de-escalation efforts in India conflict
ISLAMABAD, May 8 (Reuters) - The United States is leading global efforts to reduce tensions between India and Pakistan, Pakistan's Defence Minister Khawaja Muhammad Asif told Reuters on Thursday.India's drone incursions into Pakistan on Thursday made Pakistan's attack on India "incre...Reuters
Thu, May 8
Stocks
Talen Energy falls after reporting Q1 loss
** Shares of utility Talen Energy TLN.O fall ~1% to $229.22 premarket** Co reports Q1 net loss of $135 million, compared with a profit of $294 million a year ago** TLN says Q1 interest costs rose 25.4% to $74 million during the quarter, while total energy expenses rose 10.8% to $235 million** Co to ...Reuters
Thu, May 8
Other
Tennis-Osaka inspired by Agassi as she embraces claycourt grind
May 8 (Reuters) - Four-times Grand Slam champion Naomi Osaka said this year's claycourt swing feels different as she enters it with momentum and confidence following a run of victories.Japan's Osaka beat Slovenian Kaja Juvan 6-1 7-5 last week in the final of the L'Open 35 de Saint-Ma...Reuters
Thu, May 8
Economic Indicator
EU plans potential countermeasures on up to €95 billion of US goods
The European Commission announced on Thursday that it plans to introduce countermeasures on up to 95 billion Euros ($107.2 billion) of US imports, if negotiations with Washington were to fail to eliminate tariffs applied by US President Donald Trump, per Reuters.Fxstreet
Thu, May 8
Stocks
Maple Leaf Foods Inc reports results for the quarter ended March 31 - Earnings Summary
Maple Leaf Foods Inc MFI.TO reported quarterly adjusted earnings of 43 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 4 cents. The mean expectation of five analysts for the quarter was for earnings of 27 cents per share. Wa...Reuters
Thu, May 8
Other
Sweden donates $2 mln to Radio Free Europe after Trump freezes funding
STOCKHOLM, May 8 (Reuters) - Sweden will donate 20 million crowns ($2.1 million) to Radio Free Europe/Radio Liberty, the Nordic country said on Thursday, after the administration of President Donald Trump ordered a freeze of federal grants to the media outlet.Radio Free Europe/Radio Liberty was set ...Reuters
Thu, May 8
Other
Accelerate Diagnostics files for Chapter 11 bankruptcy
May 8 (Reuters) - Accelerate ceo says the company plans a sale of assets through a court-supervised auction, has a stalking-horse bidder, and hopes to close within 90 days, court records showAccelerate diagnostics files for chapter 11 bankruptcy protection in delaware, court records showAccelerate s...Reuters
Thu, May 8
Stocks
Shortsellers target companies offering nice-to-haves in April, Hazeltree data shows
Speculators short consumer stocks on recession fearsEconomic uncertainty, surveys show spending cutsBy Nell Mackenzie LONDON, May 8 (Reuters) - Speculators in April bet stock prices would fall at companies where people spend their extra cash, believing that creeping recession risks might spook co...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
Viagra-maker Viatris beats quarterly estimates on demand for branded drugs in China
May 8 (Reuters) - Drugmaker Viatris VTRS.O beat Wall Street estimates for first-quarter profit and revenue on Thursday, helped by sales of its branded drugs in China.The company's shares, which rose over 4% in premarket trading earlier after its pain drug and birth control patch succeeded in lat...Reuters
Thu, May 8
Stocks
Warren Buffett Isn't Seeing Enough Opportunities in the Stock Market. Should Investors Be Concerned?
The 60th annual Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) shareholder meeting didn't disappoint. Warren Buffett gave investors a healthy portion of wisdom, jokes, and insights on the stock market and economy.However, Berkshire Hathaway's position in risk-free assets like cash, cash equivalents,...The Motley Fool
Thu, May 8
Other
Bill Gates to give away fortune by 2045, $200bn for world's poorest
Billionaire Microsoft co-founder speeds up donation planGates says foundation will spend around $200 bln by 2045Urges governments, wealthy people to help world's poorBy Jennifer Rigby LONDON, May 8 (Reuters) - Bill Gates pledged on Thursday to give away almost his entire personal wealth in th...Reuters
Thu, May 8
Stocks
Florida insurer American Integrity set for NYSE debut after $110 million IPO
** Residential property insurer American Integrity Insurance AII.N set to begin trading on the New York Stock Exchange on Thursday under the symbol "AII"** Florida-based AII and some existing stockholders late Wednesday sold 6.875 million shares to raise $110 million at $16 apiece, the midpo...Reuters
Thu, May 8
