News
Important Only
Other
Canada's Suncor reports first-quarter profit beat
May 6 (Reuters) - Canadian oil producer Suncor Energy SU.TO reported first-quarter profit above analysts' expectations on Tuesday, as it benefited from higher refined product sales volumes.The company reported an adjusted profit of C$1.31 ($0.9509) per share for the quarter, compared with analys...Reuters
Tue, May 6
Other
Jack Henry's third-quarter profit rises on strong fintech demand
May 6 (Reuters) - Jack Henry & Associates JKHY.O posted about a 28% rise in third-quarter profit on Tuesday, helped by strong demand for the financial technology company's products and services.The Monett, Missouri-based company offers a range of services from payment processing to business ...Reuters
Tue, May 6
Economic Indicator
Carney stresses Canada will never be for sale in first meeting with Trump
Carney, Trump show little animosity in Oval Office meetingCarney says leaders' lunch was constructiveCanada is second-largest US trading partner after MexicoCarney says he asked Trump to stop referring to Canada as the 51st stateBy David Ljunggren and Steve Holland WASHINGTON, May 6 (Reuters)...Reuters
Tue, May 6
Other
Beauty Health Co expected to post a loss of 13 cents a share - Earnings Preview
Beauty Health Co SKIN.OQ SKIN.O is expected to show a fall in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Long Beach California-based company is expected to report a 21.6% decrease in revenue to $63.806 million from $81.4 million a year ago, according ...Reuters
Tue, May 6
Other
US SEC's new chief says 15% of staff have left, contract cuts to come, sources say
By Chris Prentice and Douglas Gillison WASHINGTON, May 6 (Reuters) - The new head of the U.S. Securities and Exchange Commission told staff on Tuesday the agency has lost 15% of its headcount across offices and divisions and he expects to conduct a "targeted" reorganization, according to ...Reuters
Tue, May 6
Other
Nektar Therapeutics expected to post a loss of 16 cents a share - Earnings Preview
Nektar Therapeutics NKTR.OQ NKTR.O is expected to show a fall in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The San Francisco California-based company is expected to report a 29.0% decrease in revenue to $15.357 million from $21.64 million a year ago, acc...Reuters
Tue, May 6
Stocks
Why Gray Media Stock Slumped by Nearly 3% Today
An analyst's price-target cut was the news dinging Gray Media (NYSE: GTN) stock on the second trading day of the week. Even though that reduction wasn't dramatic, it nevertheless affected sentiment on Gray, and its share price dipped by almost 3%. That was a steeper fall than the S&P 500 index's 0.8...The Motley Fool
Tue, May 6
Other
Skye Bioscience Inc expected to post a loss of 29 cents a share - Earnings Preview
Skye Bioscience Inc SKYE.OQ SKYE.O is expected to show no change in quarterly revenue when it reports results on May 8 (estimated) for the period ending March 31 2025LSEG's mean analyst estimate for Skye Bioscience Inc is for a loss of 29 cents per share. The current average analyst rating on ...Reuters
Tue, May 6
Stocks
Purple Innovation Inc reports results for the quarter ended March 31 - Earnings Summary
Purple Innovation Inc PRPL.OQ reported a quarterly adjusted loss of 11 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -19 cents. The mean expectation of eight analysts for the quarter was for a loss of 13 cents per share. W...Reuters
Tue, May 6
Other
Nerdy Inc expected to post a loss of 13 cents a share - Earnings Preview
Nerdy Inc NRDY.N, NRDY.K is expected to show a fall in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The St. Louis Missouri-based company is expected to report a 14.1% decrease in revenue to $46.138 million from $53.73 million a year ago, according to the me...Reuters
Tue, May 6
Stocks
Why Beam Therapeutics Stock Tanked on Tuesday
Precision gene-editing company Beam Therapeutics (NASDAQ: BEAM) had a Tuesday to forget on the stock market. Following the release that morning of its latest set of quarterly results, the shares raced downwards to a more than 19% loss on the day. By comparison, the S&P 500 (SNPINDEX: ^GSPC) dipped b...The Motley Fool
Tue, May 6
Stocks
Keros Therapeutics Inc reports results for the quarter ended March 31 - Earnings Summary
Keros Therapeutics Inc KROS.OQ reported quarterly adjusted earnings of $3.62 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-1.21. The mean expectation of twelve analysts for the quarter was for a loss of 24 cents per share. Wal...Reuters
Tue, May 6
Other
Meta awarded $168 million in damages from spyware firm NSO group
May 6 (Reuters) - Social media giant Meta Platforms META.O said on Tuesday it has been awarded $168 million in damages from the Israeli spyware firm NSO group after the surveillance company was found liable for hacking its systems.Reuters
Tue, May 6
Other
Seventeen companies flood US bond market ahead of Fed meeting
By Matt Tracy and Shankar RamakrishnanWASHINGTON, May 6 (Reuters) - The U.S. corporate bond markets were flooded by 17 bond offerings on Tuesday as companies looked to take advantage of a sharp tightening in credit spreads and avoid any market volatility after the U.S. Federal Reserve's rate dec...Reuters
Tue, May 6
Other
Oportun Financial Corp expected to post earnings of 6 cents a share - Earnings Preview
Oportun Financial Corp OPRT.OQ OPRT.O is expected to show a fall in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The San Carlos California-based company is expected to report a 8.6% decrease in revenue to $228.85 million from $250.5 million a year ago, acco...Reuters
Tue, May 6
Other
ModivCare Inc expected to post a loss of 50 cents a share - Earnings Preview
ModivCare Inc MODV.OQ MODV.O is expected to show a fall in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Denver Colorado-based company is expected to report a 5.6% decrease in revenue to $645.865 million from $684.45 million a year ago, according to the ...Reuters
Tue, May 6
Other
Samsung Electronics says unit Harman acquires Masimo's audio business for $350 mln
SEOUL, May 7 (Reuters) - Samsung Electronics 005930.KS said on Wednesday its unit Harman International signed a deal to acquire U.S. firm Masimo's audio business for $350 million. It plans to combine Masimo's audio business with Harman to strengthen its global leading position in the consume...Reuters
Tue, May 6
Stocks
Jamf Holding Corp reports results for the quarter ended March 31 - Earnings Summary
Jamf Holding Corp JAMF.OQ reported quarterly adjusted earnings of 22 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 14 cents. The mean expectation of eleven analysts for the quarter was for earnings of 21 cents per share. W...Reuters
Tue, May 6
