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Origin Specialty names Acosta president after Djordjevic exit, hires CNA’s Schardt
By Chris MunroMay 5 - (The Insurer) - Beyond Risk’s Origin Specialty has appointed Charlie Acosta as president following Neno Djordjevic’s departure from the business, while the MGA has also brought in Matthew Schardt from CNA as its new head of casualty.Acosta has stepped up to president having pre...Reuters
Mon, May 5
Other
US appeals court rejects Trump bid to revoke 400,000 migrants' legal status
BOSTON, May 5 (Reuters) - A federal appeals court rejected on Monday a request by U.S. President Donald Trump's administration to allow it to revoke the temporary legal status of hundreds of thousand of Cubans, Haitians, Nicaraguans and Venezuelans living in the United States.The Boston-based 1s...Reuters
Mon, May 5
Other
Outset Medical Inc expected to post a loss of 94 cents a share - Earnings Preview
Outset Medical Inc OM.OQ OM.O is expected to show a fall in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The San Jose California-based company is expected to report a 1.3% decrease in revenue to $27.812 million from $28.17 million a year ago, according to t...Reuters
Mon, May 5
Other
Universal Technical Institute Inc expected to post earnings of 12 cents a share - Earnings Preview
Universal Technical Institute Inc UTI.N, UTI is expected to show a rise in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The Phoenix Arizona-based company is expected to report a 6.7% increase in revenue to $196.524 million from $184.18 million a year ago, a...Reuters
Mon, May 5
Stocks
Air Lease's quarterly profit, revenue jump on robust aircraft leasing demand
May 5 (Reuters) - Air Lease AL.N reported a rise in its first-quarter profit and revenue on Monday, as aircraft lessors benefit from high rental revenue amid a short supply of new jets.Aircraft lessors have been cashing in on strong rental revenue as airlines scramble for jets in the face of persist...Reuters
Mon, May 5
Other
EXCLUSIVE-Pentagon to reduce 4-star positions by 20%, official says
WASHINGTON, May 5 (Reuters) - U.S. Defense Secretary Pete Hegseth has ordered a 20% reduction in the number of 4-star generals, a U.S. official told Reuters on Monday. The official, speaking on the condition of anonymity, said there would be a 10% additional reduction among general and flag officers...Reuters
Mon, May 5
Other
RB Global Inc expected to post earnings of 82 cents a share - Earnings Preview
RB Global Inc RBA.TO is expected to show a fall in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The Westchester Illinois-based company is expected to report a 2.2% decrease in revenue to $1.041 billion from $1.06 billion a year ago, according to the mean e...Reuters
Mon, May 5
Other
IMF's Georgieva says IMF has been vocal about China's need to change economic model
By David Lawder WASHINGTON, May 5 (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva on Monday said the IMF has been vocal about its policy prescriptions for China to move away from an export-led growth model.Asked at the Milken Institute Global conference in the Los A...Reuters
Mon, May 5
Other
Piedmont Lithium Inc expected to post a loss of 53 cents a share - Earnings Preview
Piedmont Lithium Inc PLL.OQ PLL.O is expected to show a rise in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The Belmont North Carolina North Carolina-based company is expected to report a 87.6% increase in revenue to $25.134 million from $13.4 million a ye...Reuters
Mon, May 5
Other
Groupon Inc expected to post a loss of 11 cents a share - Earnings Preview
Groupon Inc GRPN.OQ GRPN.O is expected to show a fall in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The Chicago Illinois-based company is expected to report a 6.2% decrease in revenue to $115.505 million from $123.08 million a year ago, according to the m...Reuters
Mon, May 5
Other
MaxCyte Inc expected to post a loss of 11 cents a share - Earnings Preview
MaxCyte Inc MXCT.OQ MXCT.O is expected to show a fall in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The Rockville Maryland-based company is expected to report a 20.2% decrease in revenue to $9.055 million from $11.34 million a year ago, according to the m...Reuters
Mon, May 5
Other
Plantro Ltd. Releases Investor Presentation To Fellow Shareholders Of Information Services Corporation And Extends Tender Offer To May 20, 2025
Information Services Corp ISC.TO:PLANTRO LTD. RELEASES INVESTOR PRESENTATION TO FELLOW SHAREHOLDERS OF INFORMATION SERVICES CORPORATION AND EXTENDS TENDER OFFER TO MAY 20, 2025Reuters
Mon, May 5
Other
THE DAY AHEAD-North America, May 6
To access a PDF version of this newsletter, please click here You can read The Day Ahead via TOPNEWS - U.S Companies or Canada page. If you would like to receive this newsletter through your email, please register at: https://solutions.lseg.com/TDA-subscription-page For Morning News Call U.S. -- a...Reuters
Mon, May 5
Other
Rite Aid Is Pursuing A Strategic And Value-Maximizing Sale Process
Rite Aid Corp RTA1.GTX:RITE AID IS PURSUING A STRATEGIC AND VALUE-MAXIMIZING SALE PROCESSRITE AID CORP: SALE PROCESS SUPPORTED BY $1.94 BILLION IN NEW FINANCING COMMITMENTS AND FACILITATED THROUGH VOLUNTARY CHAPTER 11 PROCEEDINGSRITE AID CORP - RITE AID IN ACTIVE DISCUSSIONS WITH MULTIPLE INTERESTED...Reuters
Mon, May 5
Other
Weave Communications To Acquire Truelark, Accelerating Ai-Powered Front Office Automation
Weave Communications Inc WEAV.N:WEAVE COMMUNICATIONS TO ACQUIRE TRUELARK, ACCELERATING AI-POWERED FRONT OFFICE AUTOMATIONWEAVE COMMUNICATIONS INC: WILL ACQUIRE ALL OUTSTANDING EQUITY AND OWNERSHIP INTEREST IN TRUELARK FOR $35 MILLIONReuters
Mon, May 5
Other
Open Lending Corp expected to post earnings of 1 cent a share - Earnings Preview
Open Lending Corp LPRO.OQ LPRO.O is expected to show a fall in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The Austin Texas-based company is expected to report a 19.9% decrease in revenue to $24.621 million from $30.75 million a year ago, according to the ...Reuters
Mon, May 5
