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White House removes NTSB vice chair -- sources
WASHINGTON, May 6 (Reuters) - The White House on Monday removed the vice chair of the National Transportation Safety Board, the latest in a series of dismissals by President Donald Trump from independent U.S. government agencies, sources told Reuters. Alvin Brown, a Democrat who was the first-ev...Reuters
Tue, May 6
Other
Ukraine targets Moscow with drones as Putin prepares anniversary parade
Moscow closes airports after Ukrainian drone attackRussia launches drones into Ukraine overnightKyiv urges foreign leaders to skip Moscow's WW2 victory parade KYIV, May 6 (Reuters) - A Ukrainian drone attack forced Moscow to close its airports for several hours, Russian officials said on ...Reuters
Tue, May 6
Other
Mainstreet Bancshares Issues Statement Regarding Recent Inquiries - SEC Filing
May 6 (Reuters) - MainStreet Bancshares Inc MNSB.O:MAINSTREET BANCSHARES INC - ISSUED A STATEMENT REGARDING RECENT INQUIRIES RECEIVED - SEC FILINGMAINSTREET BANCSHARES : RECEIVED FEW INQUIRIES REGARDING DIRECTOR NOMINEE ALI REZA MANOUCHEHRI, CEO OF METROSTAR SYSTEMS, LLCMAINSTREET BANCSHARES INC: RE...Reuters
Tue, May 6
Economic Indicator
US trade deficit surges to record high in March
WASHINGTON, May 6 (Reuters) - The U.S. trade deficit widened to a record high in March as businesses boosted imports of goods ahead of tariffs, which dragged gross domestic product into negative terrain in the first quarter for the first time in three years.The trade gap jumped 14.0% to a record $14...Reuters
Tue, May 6
Other
Blacksky Technology Inc expected to post a loss of 46 cents a share - Earnings Preview
Blacksky Technology Inc BKSY.N, BKSY.K is expected to show a rise in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Herndon Virginia-based company is expected to report a 12.2% increase in revenue to $27.198 million from $24.24 million a year ago, accordi...Reuters
Tue, May 6
Other
Creative Realities Inc expected to post a loss of 15 cents a share - Earnings Preview
Creative Realities Inc CREX.OQ CREX.O is expected to show a fall in quarterly revenue when it reports results on May 14 for the period ending March 31 2025The Louisville Kentucky-based company is expected to report a 12.2% decrease in revenue to $10.786 million from $12.29 million a year ago, acco...Reuters
Tue, May 6
Stocks
Rising Costs Weigh on Vertex Q1 Earnings
Here's our initial take on Vertex Pharmaceuticals' (NASDAQ: VRTX) first-quarter financial report.Key MetricsMetricQ1 2024Q1 2025Changevs. ExpectationsTotal revenue$2.69 billion$2.77 billion 3%MissedAdjusted earnings per share$4.76$4.06-15%MissedTrikafta/Kaftrio revenue$2.48 billion$2.54 billion 2%n/...The Motley Fool
Tue, May 6
Other
MannKind Corp expected to post earnings of 4 cents a share - Earnings Preview
MannKind Corp MNKD.OQ MNKD.O is expected to show a rise in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Danbury Connecticut-based company is expected to report a 14.9% increase in revenue to $76.132 million from $66.26 million a year ago, according to t...Reuters
Tue, May 6
Stocks
US Midwest banks off to strong start in 2025 despite tariffs, Hovde Group says
** Hovde Group says U.S. Midwest banks had a great start to the year considering the overhang of tariffs and cross currents in macro fundamentals** Nearly 80% of the 30 Midwest banks in Hovde's coverage beat EPS expectations for Q1, with interest margin expansion being the huge highlight** Broke...Reuters
Tue, May 6
Other
Nine Energy Service Inc expected to post a loss of 15 cents a share - Earnings Preview
Nine Energy Service Inc NINE.N, NINE.K is expected to show a rise in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Houston Texas-based company is expected to report a 5.0% increase in revenue to $149.2 million from $142.12 million a year ago, according t...Reuters
Tue, May 6
Stocks
Sealed Air rises after upbeat quarterly results
** Shares of food and protective packaging company Sealed Air SEE.N up 5.5% at $29.05 premarket** Co reports Q1 adjusted EPS of 81 cents, beating estimates of 68 cents, while revenue narrowly beat expectations- data compiled by LSEG** Co maintains its annual sales, profit forecasts** "While our ...Reuters
Tue, May 6
Commodities
US natgas prices ease on lower flows to LNG export plans and forecasts for less demand
US LNG export feedgas hit record high in AprilUS gas output hit record high in AprilUS gas storage about 1% over five-year normalBy Scott DiSavino May 6 (Reuters) - U.S. natural gas futures eased about 1% on Tuesday on forecasts for lower demand over the next two weeks than previously expected an...Reuters
Tue, May 6
Economic Indicator
Britain and India clinch landmark trade deal
LONDON, May 6 (Reuters) - Britain and India clinched a free trade agreement on Tuesday, in a landmark deal that represents London's most significant post-Brexit pact, and was finalised in the shadow of U.S. President Donald Trump's tariff increases.The deal, between the world's fifth and...Reuters
Tue, May 6
Other
Restrictions on aid deliveries by foreign governments may violate law, US lawmakers say
Group of senators requests GAO probe into aid restrictionsConcerns focus on Gaza aid blockade by IsraelSenators' letter cites violations of US rights lawsBy Patricia Zengerle WASHINGTON, May 6 (Reuters) - A group of U.S. senators wants Congress' watchdog agency to investigate whether cont...Reuters
Tue, May 6
Other
Twenty-nine world leaders are expected at Moscow's World War Two victory commemorations, Kremlin says
MOSCOW, May 6 (Reuters) - Twenty-nine world leaders, including China's Xi Jinping, are expected to attend World War Two Victory Day commemorations in Moscow in the coming days, Yuri Ushakov, a Kremlin foreign policy adviser, said on Tuesday. The events will run from May 8-11, with the tradition...Reuters
Tue, May 6
Other
Embraer: US Tariffs Could Negatively Impact 2025 EBIT Margin By 90Bps
May 6 (Reuters) - Embraer SA EMBR3.SA:INITIAL ESTIMATE IS THAT U.S. TARIFFS COULD NEGATIVELY IMPACT OUR EBIT MARGIN BY 90 BASIS POINTS FOR 2025 - CFOFIRM TAKING STEPS TO MITIGATE THESE EFFECTS, INCLUDING ADDITIONAL COST REDUCTIONS; REMAINS CONFIDENT IT CAN DELIVER 2025 GUIDANCE - CFOWE JOIN OTHER CO...Reuters
Tue, May 6
Other
Marriott Q1 Adj EPS USD 2.32 Versus. IBES Estimate USD 2.25
May 6 (Reuters) - Marriott International Inc MAR.O:MARRIOTT OUTLOOK FY CAPITAL RETURN TO SHAREHOLDERS APPROX. $4,000 MILLION MARRIOTT Q1 EPS USD 2.39MARRIOTT Q1 ADJUSTED EPS USD 2.32 VERSUS. IBES ESTIMATE USD 2.25MARRIOTT Q1 NET INCOME USD 665 MILLIONMARRIOTT Q1 ADJUSTED NET INCOME USD 645 MILLION V...Reuters
Tue, May 6
Other
Ubiquiti Inc expected to post earnings of $1.97 a share - Earnings Preview
Ubiquiti Inc UI.N, UI is expected to show a rise in quarterly revenue when it reports results on May 8 (estimated) for the period ending March 31 2025The New York City-based company is expected to report a 21.2% increase in revenue to $597.692 million from $493 million a year ago, according to the...Reuters
Tue, May 6
Other
Griffon Corp expected to post earnings of $1.11 a share - Earnings Preview
Griffon Corp GFF.N, GFF is expected to show a fall in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The New York City-based company is expected to report a 7.8% decrease in revenue to $620.457 million from $672.88 million a year ago, according to the mean es...Reuters
Tue, May 6
Other
Austria's Raiffeisen sees profit boost in Russia despite push to cut
Bank under pressure to quit RussiaIts profits in Russia jumpRussian central bank extracts penalty from groupBy Alexandra Schwarz-Goerlich and John O'Donnell VIENNA, May 6 (Reuters) - Austria's Raiffeisen Bank RBIV.VI International increased its profit in Russia in the first quarter, drive...Reuters
Tue, May 6
