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CNA misses on Q1 earnings as commercial auto charge pushes CR to 98.4%
Core earnings per share of $1.03 were below consensus of $1.14 for the quarterCNA’s P&C combined ratio deteriorated from 94.6% to 98.4%Cat losses impact consistent with last year; CR hit by 2.5% of commercial auto developmentUnderlying CR also worsened, from 91.0% to 92.1%CEO Worman reported rat...Reuters
Mon, May 5
Other
HomesToLife Announces Acquisition Of HTL Marketing
May 5 (Reuters) - HomesToLife Ltd HTLM.O:HOMESTOLIFE LTD ANNOUNCES ACQUISITION OF HTL MARKETING PTE LTD, WITH 2024 SALES OF US$330 MILLIONHOMESTOLIFE LTD - TO ISSUE 75 MILLION SHARES FOR ACQUISITIONHOMESTOLIFE LTD - EXPECTS REVENUE TO REACH $250-$280 MILLION IN 2025Reuters
Mon, May 5
Stocks
PTC Therapeutics falls after mid-stage data for Huntington's disease drug
** Shares of drug developer PTC Therapeutics PTCT.O fall ~20% to $40 premarket ** Co says its experimental drug to treat Huntington's disease met the main goal of a mid-stage study ** Huntington's is a rare neurological disease which impairs a person's ability to think, feel and move ...Reuters
Mon, May 5
Stocks
South African rand hits five-week high lifted by Eskom's power outlook
Rand strengthens amid Eskom's optimistic power outlookCitigroup forecasts rand strengthening below 18 rand per dollarFocus shifts to S&P Global PMI release on TuesdayBy Sfundo Parakozov, Colleen Goko JOHANNESBURG, May 5 (Reuters) - The South African rand strengthened on Monday to its hig...Reuters
Mon, May 5
Other
Local Bounti Corp expected to post a loss of $1.68 a share - Earnings Preview
Local Bounti Corp LOCL.N, LOCL.K is expected to show a rise in quarterly revenue when it reports results on May 7 (estimated) for the period ending March 31 2025The Hamilton Montana Montana-based company is expected to report a 34.8% increase in revenue to $11.3 million from $8.38 million a year a...Reuters
Mon, May 5
Stocks
Stardust Power gains on substation deal with Oklahoma Gas and Electric
** Shares of Stardust Power SDST.O up 10% at 55 cents premarket** Company partners with Oklahoma Gas and Electric Company (OG&E) to develop an electric substation on SDST's site of proposed lithium refinery in Oklahoma** Cost of engineering, procurement, and construction of the substation wi...Reuters
Mon, May 5
Other
Avista Corp expected to post earnings of $1.03 a share - Earnings Preview
Avista Corp AVA.N, AVA is expected to show a rise in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The Spokane Washington-based company is expected to report a 3.7% increase in revenue to $631.863 million from $609.42 million a year ago, according to the mea...Reuters
Mon, May 5
Commodities
Peabody may terminate Anglo coal assets deal over mine fire
May 5 (Reuters) - Peabody Energy BTU.N said on Monday if issues involving Anglo American's AAL.L Moranbah North coal mine were not resolved to its satisfaction, it may elect to terminate its pending deal to acquire some of the British mining company's Australian steelmaking coal assets.Reuters
Mon, May 5
Other
Window open for Gaza deal during Trump Middle East visit, Israeli defence official says
JERUSALEM, May 5 (Reuters) - A senior Israeli defence official said on Monday there was a "window of opportunity" for a hostage deal in Gaza during U.S. President Donald Trump's visit to the region next week but that otherwise Israel would begin its new operation in the enclave."If t...Reuters
Mon, May 5
Other
Sprott Inc expected to post earnings of 47 cents a share - Earnings Preview
Sprott Inc SII.TO is expected to report resultson May 7 for the period ending March 31 2025The Toronto Ontario-based company is expected to report revenue of $41.223 million, according to the mean estimate from 2 analysts, based on LSEG data.LSEG's mean analyst estimate for Sprott Inc is for ...Reuters
Mon, May 5
Other
Vuzix Corp expected to post a loss of 12 cents a share - Earnings Preview
Vuzix Corp VUZI.OQ VUZI.O is expected to show a fall in quarterly revenue when it reports results on May 7 (estimated) for the period ending March 31 2025The West Henrietta New York-based company is expected to report a 33.3% decrease in revenue to $1.336 million from $2 million a year ago, accord...Reuters
Mon, May 5
Stocks
3 High-Yield Dividend Stocks to Buy Now and Hold for the Next 20 Years
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Mon, May 5
Other
Neill Reynolds To Join Ralliant As Chief Financial Officer
May 5 (Reuters) - Fortive Corp FTV.N:NEILL REYNOLDS TO JOIN RALLIANT AS CHIEF FINANCIAL OFFICERFORTIVE CORP - FILES FORM 10 FOR PLANNED SPIN-OFF OF RALLIANTFORTIVE CORP - RALLIANT SPIN-OFF COMPLETION EXPECTED BY END OF Q2 2025Reuters
Mon, May 5
Other
Atlas Data Storage - Close Of A $155 Million Seed Financing And Acquisition Of Technology Assets From Twist Bioscience
May 5 (Reuters) - ATLAS DATA STORAGE - CLOSE OF A $155 MILLION SEED FINANCING AND ACQUISITION OF TECHNOLOGY ASSETS FROM TWIST BIOSCIENCEATLAS DATA STORAGE - SEED FINANCING INVESTORS ARE ARCH VENTURE PARTNERS, DEERFIELD MANAGEMENT, BEZOS EXPEDITIONS, TAO CAPITAL PARTNERS, RSQUARED VCReuters
Mon, May 5
Other
Twist Bioscience Announces Fiscal 2025 Second Quarter Financial Results
May 5 (Reuters) - Twist Bioscience Corp TWST.O:TWIST BIOSCIENCE ANNOUNCES FISCAL 2025 SECOND QUARTER FINANCIAL RESULTS: QTRLY REVENUE $92.8 MILLIONOUTLOOK Q3 REVENUE ABOUT $94 MILLION TO $97 MILLIONOUTLOOK FY25 REVENUE ABOUT $372 MILLION TO $379 MILLIONQ2 REVENUE VIEW $92.0 MILLION -- LSEG IBES DA...Reuters
Mon, May 5
Other
Twist Bioscience Spins Out DNA Data Storage As Independent Company
May 5 (Reuters) - Twist Bioscience Corp TWST.O:TWIST BIOSCIENCE SPINS OUT DNA DATA STORAGE AS INDEPENDENT COMPANYTWIST BIOSCIENCE CORP - ATLAS DATA STORAGE SECURES $155 MILLION IN SEED FINANCINGTWIST BIOSCIENCE CORP - RETAINS MINORITY OWNERSHIP IN ATLAS DATA STORAGEReuters
Mon, May 5
Other
Plby Group Inc expected to post a loss of 10 cents a share - Earnings Preview
Plby Group Inc PLBY.OQ PLBY.O is expected to show a fall in quarterly revenue when it reports results on May 7 (estimated) for the period ending March 31 2025The Los Angeles California-based company is expected to report a 5.7% decrease in revenue to $26.705 million from $28.32 million a year ago,...Reuters
Mon, May 5
Stocks
Ocular Therapeutix Inc reports results for the quarter ended March 31 - Earnings Summary
Ocular Therapeutix Inc OCUL.OQ reported a quarterly adjusted loss of 38 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -70 cents. The mean expectation of eleven analysts for the quarter was for a loss of 29 cents per share....Reuters
Mon, May 5
