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Envelop adds Morley to Bermuda team
By Navneeta NandanMay 6 - (The Insurer) - Cyber specialist Envelop Risk has appointed Jacquelynn Morley as senior vice president and underwriter in its Bermuda team.Morley most recently served as senior underwriter in the Allianz Risk Transfer Bermuda team, where she spent nine years. Prior to joini...Reuters
Tue, May 6
Other
Humacyte Inc expected to post a loss of 19 cents a share - Earnings Preview
Humacyte Inc HUMA.OQ HUMA.O is expected to show a rise in quarterly revenue when it reports results on May 8 (estimated) for the period ending March 31 2025The Durham North Carolina-based company is expected to report revenue of $760.33 thousand, according to the mean estimate from 6 analysts, bas...Reuters
Tue, May 6
Forex
Franklin Templeton senior executive says UK government bonds outlook is unfavourable
LONDON, May 6 (Reuters) - Concern over Britain's fiscal prospects has made the outlook for government bonds, or gilts, less favourable, leading Franklin Templeton to exit long positions in the asset, its head of European fixed income, David Zahn, said on Tuesday.With finance minister Rachel Reev...Reuters
Tue, May 6
Cryptocurrencies
Canadian manufacturers turn away from U.S. amid Trump tariffs
Canadian manufacturers are targeting new markets for their trade as U.S. tariffs under President Donald Trump unsettle the trade links between the two countries. A British Columbia firm that produces capsules and tablets for the drug industry is now looking for partners in Asia, while a steel component maker that has supplied U.S. buyers for […]Cryptopolitan
Tue, May 6
Other
Primo Brands Corp expected to post earnings of 23 cents a share - Earnings Preview
Primo Brands Corp PRMB.N, PRMB.K is expected to show a rise in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Tampa Florida-based company is expected to report a 257.8% increase in revenue to $1.617 billion from $452 million a year ago, according to the m...Reuters
Tue, May 6
Stocks
Lemonade: Solid Growth in Tough Quarter
Here's our initial take on Lemonade's (NYSE: LMND) fiscal 2025 first-quarter financial report.Key MetricsMetricQ1 2024Q1 2025Changevs. ExpectationsRevenue$119.1 million$151.2 million27%BeatEarnings per share-$0.67-$0.86-28%BeatIn-force premiums$794 million$1.0 billion26%n/aGross loss ratio79%78%100 ...The Motley Fool
Tue, May 6
Other
Musk's xAI joins TWG Global, Palantir for AI push in financial sector
May 6 (Reuters) - Elon Musk's artificial intelligence company xAI has partnered with Palantir Technologies PLTR.O and investment firm TWG Global, the companies said on Tuesday, as they look to tap growing AI demand in the financial services industry.The data analytics firm and TWG, led by Guggen...Reuters
Tue, May 6
Stocks
Corbus Pharmaceuticals Holdings Inc reports results for the quarter ended March 31 - Earnings Summary
Corbus Pharmaceuticals Holdings Inc CRBP.OQ reported a quarterly adjusted loss of $1.39 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -83 cents. The mean expectation of nine analysts for the quarter was for a loss of $1.28 per sh...Reuters
Tue, May 6
Other
Malibu Boats Inc expected to post earnings of 69 cents a share - Earnings Preview
Malibu Boats Inc MBUU.OQ MBUU.O is expected to show a rise in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Loudon Tennessee-based company is expected to report a 11.1% increase in revenue to $225.975 million from $203.42 million a year ago, according to...Reuters
Tue, May 6
Other
Uber to buy controlling stake in Turkey's Trendyol GO food delivery business for $700 million
May 6 (Reuters) - Uber UBER.N said it would buy a majority 85% stake in Turkish food and grocery delivery platform Trendyol Go for $700 million, as the ride-hailing giant looks to tap new growth markets amid signs of saturation in its mainstay North American business.The stake purchase from Turkish ...Reuters
Tue, May 6
Other
Lifetime Brands Inc expected to post a loss of 9 cents a share - Earnings Preview
Lifetime Brands Inc LCUT.OQ LCUT.O is expected to show a rise in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Garden City New York-based company is expected to report a 0.3% increase in revenue to $142.659 million from $142.24 million a year ago, accord...Reuters
Tue, May 6
Other
Shopify Inc expected to post earnings of 26 cents a share - Earnings Preview
Shopify Inc SHOP.OQ, SHOP.O is expected to show a rise in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Ottawa Ontario-based company is expected to report a 25.3% increase in revenue to $2.331 billion from $1.86 billion a year ago, according to the mean ...Reuters
Tue, May 6
Other
Lindblad Expeditions Q1 Total Revenue $179.7 Mln
May 6 (Reuters) - Lindblad Expeditions Holdings Inc LIND.O:LINDBLAD EXPEDITIONS HOLDINGS INC - Q1 TOTAL REVENUE INCREASED 17% TO $179.7 MILLION - SEC FILING LINDBLAD EXPEDITIONS HOLDINGS OUTLOOK 2025 TOUR REVENUES OF $700 MILLION - $750 MILLIONLINDBLAD EXPEDITIONS HOLDINGS OUTLOOK FY ADJUSTED EBITDA...Reuters
Tue, May 6
Cryptocurrencies
Trump’s Crypto Dinners & New Crypto Democratization Bill Could Rally These Best Altcoins
A potent mix of political showmanship and landmark regulatory proposals in the U.S. this month could be the spark for an explosive altcoin season. Influential crypto insiders are watching two key developments: 1. President Trump’s headline-grabbing crypto dinners, including a gala for his $TRUMP mem...Bitcoinist
Tue, May 6
Cryptocurrencies
Trump’s Crypto Dinners & New Crypto Democratization Bill Could Rally These Best Altcoins
A potent mix of political showmanship and landmark regulatory proposals in the U.S. this month could be the spark for an explosive altcoin season. Influential crypto insiders are watching two key developments: 1. President Trump’s headline-grabbing crypto dinners, including a gala for his $TRUMP mem...Bitcoinist
Tue, May 6
