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Stocks
Western Digital rises after Q4 forecasts beat estimates
** Data storage products maker Western Digital Corp WDC.O shares rise 8.3% at $44.88 before the bell** Co forecasts Q4 rev. of $2.45 bln and adj. EPS outlook of $1.45, compared with Wall Street estimates of rev. of $2.38 bln and $1.16 profit/share - data compiled by LSEG** Co posts Q3 rev. of $2.29 ...Reuters
Wed, Apr 30
Forex
FOREX-US dollar holds gains after GDP falls in Q1
NEW YORK, April 30 (Reuters) - The U.S. dollar extended gains against major currencies on Wednesday after data showed the world's largest economy slipped in the first quarter, worse than market expectations, but better than the dire predictions touted by some of the biggest U.S. banks.Gross dome...Reuters
Wed, Apr 30
Other
City Office REIT Inc expected to post a loss of 10 cents a share - Earnings Preview
City Office REIT Inc CIO.N, CIO is expected to show a fall in quarterly revenue when it reports results on May 2 for the period ending March 31 2025The Vancouver British Columbia-based company is expected to report a 4.7% decrease in revenue to $42.383 million from $44.49 million a year ago, accor...Reuters
Wed, Apr 30
Stocks
Street View: Kraft Heinz faces macroeconomic risks
** Kraft Heinz KHC.O slashes FY organic sales and profit forecasts with demand for its snacks and ready-to-eat meal kits taking a hit from higher prices and economic uncertainty driven by U.S. tariffs ** U.S. consumer confidence slumps to a nearly five-year low in April as tariff concerns weigh on e...Reuters
Wed, Apr 30
Other
CANADA RESEARCH ROUNDUP-Altagas, Interfor, TMX Group
April 30 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Altagas, Interfor and TMX Group on Wednesday. HIGHLIGHTS * Altagas Ltd ALA.TO: Jefferies raises target price to C$40 from C$38* Interfor Corp IFP.TO: Raymond James cuts targ...Reuters
Wed, Apr 30
Other
Satellite firm SES in talks with EU over long-term option to complement Starlink
By Gianluca Lo Nostro April 30 (Reuters) - European satellite company SES SESFg.LU is in talks with EU and other governments about complementing services provided by Elon Musk's Starlink, its CEO told Reuters, as the region looks for home-grown options for its space-based communications. As t...Reuters
Wed, Apr 30
Other
Xenia Hotels & Resorts Inc expected to post earnings of 6 cents a share - Earnings Preview
Xenia Hotels & Resorts Inc XHR.N, XHR is expected to show a rise in quarterly revenue when it reports results on May 2 for the period ending March 31 2025The Orlando Florida-based company is expected to report a 3.0% increase in revenue to $275.385 million from $267.49 million a year ago, acco...Reuters
Wed, Apr 30
Commodities
COLUMN-Study Group expects weak demand to trump copper's supply stress: Andy Home
By Andy Home LONDON, April 30 (Reuters) - The copper market may need to rethink its bull narrative of constrained supply and worry more about weakening demand, judging by the latest forecasts from the International Copper Study Group (ICSG). The Group, which has just gathered in Lisbon for its la...Reuters
Wed, Apr 30
Other
CYMAT Announces Long-Term Nuclear Industry Agreement
April 30 (Reuters) - Cymat Technologies Ltd CYM.V:CYMAT ANNOUNCES LONG-TERM NUCLEAR INDUSTRY AGREEMENTCYMAT TECHNOLOGIES LTD - SIGNS 10-YEAR AGREEMENT WITH NUVIACYMAT TECHNOLOGIES LTD - AGREEMENT EXTENDS INTEGRATION OF CYMAT SMARTMETAL PANELS IN NUVIA SYSTEMSReuters
Wed, Apr 30
Other
Brazil's WEG warns of global uncertainty as Q1 earnings miss estimates
SAO PAULO, April 30 (Reuters) - Brazilian motor maker WEG WEGE3.SA reported a 16.4% year-on-year rise in its first-quarter net profit on Wednesday, but fell short of market expectations as it warned about global uncertainties.WEG's net profit in the January-March period reached 1.54 billion reai...Reuters
Wed, Apr 30
Other
Magna International Inc expected to post earnings of 89 cents a share - Earnings Preview
Magna International Inc MG.TO is expected to show a fall in quarterly revenue when it reports results on May 2 for the period ending March 31 2025The Aurora Ontario-based company is expected to report a 11.7% decrease in revenue to $9.688 billion from $10.97 billion a year ago, according to the m...Reuters
Wed, Apr 30
