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Premier Inc reports results for the quarter ended March 31 - Earnings Summary
Premier Inc PINC.OQ reported quarterly adjusted earnings of 44 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 55 cents. The mean expectation of nine analysts for the quarter was for earnings of 30 cents per share. Wall Stree...Reuters
Tue, May 6
Stocks
Prediction: UPS Stock Will Outperform If Management Cuts the Dividend
It could be a third time unlucky for UPS (NYSE: UPS) in 2025. Having failed to meet its initial full-year guidance in 2023, and then again in 2024, UPS is under real pressure to avoid doing so this year due to the slowdown in the economy. There's a strong case for buying the stock, but it would be ...The Motley Fool
Tue, May 6
Other
German parliament to hold second vote on Merz as chancellor, says SPD leader
BERLIN, May 6 (Reuters) - The German parliament will hold a second vote to confirm conservative Friedrich Merz as chancellor after the first one failed, the leader of the centre-left SPD said on Tuesday."We have now succeeded in applying for a second vote to be held today so that we can quickly ...Reuters
Tue, May 6
Other
UBS partners with General Atlantic to expand into private credit
May 6 (Reuters) - Swiss lender UBS Group AG UBSG.S and U.S. investment firm General Atlantic have launched a partnership to expand into the private credit market, the companies said on Tuesday.Private credit refers to the loans typically made to risky borrowers or companies looking to clinch mega bu...Reuters
Tue, May 6
Other
OpenAI dials back conversion plan, nonprofit to retain control
OpenAI retains nonprofit control amid criticism and legal challengesNonprofit to control public benefit corporation, easing capital-raising restrictionsConcerns remain over balancing profit with AI mission, Musk's lawsuit ongoingBy Krystal Hu, Arsheeya Bajwa, Aditya Soni and Anna Tong May 5 (...Reuters
Tue, May 6
Stocks
Beam Therapeutics Inc reports results for the quarter ended March 31 - Earnings Summary
Beam Therapeutics Inc BEAM.OQ reported a quarterly adjusted loss of $1.24 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $-1.21. The mean expectation of fifteen analysts for the quarter was for a loss of $1.21 per share. Wall Stre...Reuters
Tue, May 6
Cryptocurrencies
Squid Game tied memecoins rally 5%+ after the show’s third and final season teaser
A teaser for the third and final season of Netflix’s global hit Squid Game has triggered a short-term rally for memecoins associated with the series. One Squid Game-branded token (SQUID) has surged by over 5% hours after the trailer featured on YouTube late Monday. Netflix confirmed that Squid Game Season 3 will premiere globally on […]Cryptopolitan
Tue, May 6
Stocks
DoorDash falls after decision to buy Deliveroo, downbeat quarterly profit forecast
** Shares of U.S. meal delivery platform DoorDash DASH.O fall 5.3% to $194.48 in trading before the bell ** DASH will buy Deliveroo ROO.L in a deal valuing the British rival at about 2.9 billion pounds ($3.86 billion)** The companies rekindled talks last month after DoorDash approached Deliveroo wit...Reuters
Tue, May 6
Stocks
Enpro Inc reports results for the quarter ended March 31 - Earnings Summary
Enpro Inc NPO.N reported quarterly adjusted earnings of $1.90 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.57. The mean expectation of three analysts for the quarter was for earnings of $1.67 per share. Wall Street expected ...Reuters
Tue, May 6
Other
WK Kellogg Lowers 2025 Organic Net Sales Growth Guidance - SEC Filing
May 6 (Reuters) - WK Kellogg Co KLG.N:WK KELLOGG CO - LOWERS 2025 ORGANIC NET SALES GROWTH GUIDANCE TO -2.0% TO -3.0% - SEC FILINGWK KELLOGG CO - LOWERS 2025 ADJUSTED EBITDA GROWTH GUIDANCE TO FLAT TO -2.0% - SEC FILINGWK KELLOGG CO: REMAIN ON TRACK TO DELIVER ABOUT 500 BPS OF MARGIN IMPROVEMENT AS ...Reuters
Tue, May 6
Other
Wistron Corp to invest additional $455 million in new U.S. unit
TAIPEI, May 6 (Reuters) - Taiwanese electronics manufacturer and AI server maker Wistron Corp 3231.TW said on Tuesday its board has approved an additional investment of $455 million in its new U.S. subsidiary.The new planned investment would bring the total planned capital injection into the subsidi...Reuters
Tue, May 6
Other
Sempra expected to post earnings of $1.32 a share - Earnings Preview
Sempra SRE.N, SRE is expected to show a rise in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The San Diego California-based company is expected to report a 7.6% increase in revenue to $3.917 billion from $3.64 billion a year ago, according to the mean estim...Reuters
Tue, May 6
Stocks
Duke Energy Corp reports results for the quarter ended March 31 - Earnings Summary
Duke Energy Corp DUK.N reported quarterly adjusted earnings of $1.76 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.44. The mean expectation of sixteen analysts for the quarter was for earnings of $1.60 per share. Wall Street ...Reuters
Tue, May 6
Stocks
BROOKFIELD ASSET MANAGEMENT LTD reports results for the quarter ended March 31 - Earnings Summary
BROOKFIELD ASSET MANAGEMENT LTD BAM.N reported quarterly adjusted earnings of 40 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 27 cents. The mean expectation of two analysts for the quarter was for earnings of 41 cents per...Reuters
Tue, May 6
Stocks
International Petroleum Corp reports results for the quarter ended March 31 - Earnings Summary
International Petroleum Corp IPCOR.ST reported quarterly adjusted earnings of 13 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 26 cents. The mean expectation of four analysts for the quarter was for earnings of 14 cents per...Reuters
Tue, May 6
Other
US banks modest use of risk transfers is credit positive, Moody's says
By Shankar RamakrishnanMay 6 (Reuters) - A very small proportion of U.S. banks have issued a complex product that enabled them to shed risk from loan portfolios and the relatively modest use of the products was a credit positive, Moody’s Ratings said in a report after surveying 69 rated U.S. banks.I...Reuters
Tue, May 6
Stocks
RPT-BREAKINGVIEWS-Skechers makes for a sneaky trade war buyout
By Sebastian Pellejero NEW YORK, May 5 (Reuters Breakingviews) - Buyout barons are slipping on some comfortable kicks. On Monday morning, sneaker brand Skechers SKX.N agreed to sell to 3G Capital for $9.4 billion — the footwear industry’s largest deal ever. With 85-year-old founder Robert Greenb...Reuters
Tue, May 6
Other
RPT-BREAKINGVIEWS-Buffett’s exit risks shrinking Berkshire’s vistas
By Jonathan Guilford NEW YORK, May 5 (Reuters Breakingviews) - Warren Buffett has done what novice investors are taught is nearly impossible: beaten the market for decades. On Saturday, the 94-year-old announced that he would step down as CEO of $1 trillion conglomerate Berkshire Hathaway BRKa.N...Reuters
Tue, May 6
Economic Indicator
RPT-BREAKINGVIEWS-Trump’s Hollywood protectionism is a horror show
By Jennifer Saba NEW YORK, May 5 (Reuters Breakingviews) - Lights, camera, taxes! President Donald Trump on Sunday said that he wants to make Hollywood great again by slapping tariffs on movies made outside of the United States. If that happens, other countries could easily retaliate – a big ris...Reuters
Tue, May 6
