News
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Blackstone explores $3 billion sale of sustainability software firm Sphera, sources say
By Milana Vinn NEW YORK, April 29 (Reuters) - Blackstone BX.N is exploring a $3 billion sale of Sphera, a sustainability software and consulting services provider, according to three people familiar with the matter.The private equity firm has hired investment bankers at William Blair and Evercore...Reuters
Tue, Apr 29
Other
Freshworks lifts annual revenue, profit forecast on steady demand for AI software
By Priyanka GApril 29 (Reuters) - Freshworks FRSH.O raised its annual revenue and profit forecast above Wall Street expectations following upbeat quarterly results on Tuesday, fueled by growing demand for its AI-driven software services, Shares of the company rose 13.5% in extended trading.As more ...Reuters
Tue, Apr 29
Other
Southern Specialty appoints Burns & Wilcox's Roberts as president amid rebrand
By Isha MaratheApril 29 - (The Insurer) - MGA Southern Specialty Underwriters has rebranded to Arbour Specialty after its parent company Arbour National, and appointed Rebecca Roberts, former regional vice president at Burns & Wilcox, as president to lead growth strategy.Roberts has over 30 yea...Reuters
Tue, Apr 29
Stocks
Booking Holdings posts upbeat Q1 results; shares down
** Shares of online travel agency Booking Holdings BKNG.O down 4.2% in extended trading** Co posts upbeat quarterly results helped by international travel** BKNG posts Q1 adjusted profit of $24.81 per share, compared with analysts' average estimate of $17.33 per share, according to data compiled...Reuters
Tue, Apr 29
Other
Measles cases in Texas rise to 663, state health department says
By Sriparna Roy April 29 (Reuters) - The Texas health department reported 663 cases of measles in the state on Tuesday, an increase of 17 cases since April 25, as the U.S. battles one of its worst outbreaks of the childhood disease.Cases in Gaines County, the center of the outbreak, rose to 396,...Reuters
Tue, Apr 29
Commodities
ONEOK reports marginally lower first-quarter profit on higher operating costs
April 29 (Reuters) - U.S. pipeline operator ONEOK OKE.N on Tuesday reported a marginal fall in first-quarter profit, hurt by higher operating costs and divestments.Shares were down 3.7% at $84.60 in extended trading.Quarterly operating costs jumped about 32% to $752 million from a year earlier, weig...Reuters
Tue, Apr 29
Other
Deals of the day - Mergers and acquisitions
April 29 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Tuesday:** Chinese home appliance maker Midea Group 000333.SZ, 0300.HK is planning to spin off and list its integrated supply chain business Annto Supply Chain Technology on the Hong Kong stock ...Reuters
Tue, Apr 29
Stocks
Super Micro slumps after cutting quarterly forecast; drags Nvidia, AMD
** AI server maker Super Micro Computer's SMCI.O shares fall 17% to $29.71 after the bell** SMCI cuts Q3 revenue and profit forecasts** Expects revenue between $4.5 billion and $4.6 billion, down from earlier forecast of $5 billion to $6 billion** Cuts adj. EPS forecast to be between 29 cents to...Reuters
Tue, Apr 29
Other
Vantage Risk appoints Livingstone as SVP of credit, mortgage and structured (re)insurance
By Isha MaratheApril 29 - (The Insurer) - Vantage Group Holdings has appointed Paul Livingstone as senior vice president of credit, mortgage, and structured (re)insurance, which follows him joining the company in November.He will report to Chris McKeown, chief executive of reinsurance, innovation, ...Reuters
Tue, Apr 29
Other
UnitedHealth names insider Patrick Conway as Optum CEO
April 29 (Reuters) - UnitedHealth Group UNH.N said on Tuesday insider Patrick Conway will take on the top job at Optum, its health services segment, replacing Heather Cianfrocco, who will take on a new role within the healthcare conglomerate.Conway is currently the chief executive officer of Optum R...Reuters
Tue, Apr 29
Stocks
Seagate rises on robust Q4 results forecast
** Shares of storage device maker Seagate STX.O rise 8.5% to $88.50** For the fourth-quarter, Seagate expects revenue to be at $2.40 billion, plus or minus $150 million, above analysts' estimate of $2.3 billion, according to data compiled by LSEG** STX forecast adjusted earnings per share of $2....Reuters
Tue, Apr 29
Other
CoStar raises annual revenue forecast on increasing traffic to its websites
April 29 (Reuters) - Real estate information provider CoStar Group CSGP.O raised its annual revenue forecast on Tuesday, benefiting from rising consumer traffic on its websites that provide subscription-based services.Real estate agents and customers rely on providers like CoStar Group, which offers...Reuters
Tue, Apr 29
Stocks
Veralto posts upbeat first-quarter results, shares up
April 29 (Reuters) - Water treatment solutions provider Veralto VLTO.N surpassed estimates for first-quarter results on Tuesday, betting on sustained demand for its chemical treatment and UV filtration services.Shares of the company were up 2% after the bell."In response to changes in the global...Reuters
Tue, Apr 29
Forex
AUD/NZD: Bearish signals emerge ahead of Asia open
The AUD/NZD has experienced some downward pressure, hovering near the 1.07 zone on Tuesday. Despite mixed signals from some momentum indicators, the longer-term technical picture appears to favor the bears, with several moving averages reinforcing this sentiment.
Fxstreet
Tue, Apr 29
Commodities
Petrobras posts nearly stable Q1 oil and gas output from year earlier
SAO PAULO, April 29 (Reuters) - Brazilian state-run oil firm Petrobras PETR4.SA reported on Tuesday an oil, gas and gas liquids production of 2.77 million barrels of oil equivalent per day (boed) in the first quarter, down 0.2% from a year earlier.Reuters
Tue, Apr 29
Other
Juniper Networks Inc expected to post earnings of 43 cents a share - Earnings Preview
Juniper Networks Inc JNPR.N, JNPR.K is expected to show a rise in quarterly revenue when it reports results on May 1 for the period ending March 31 2025The Sunnyvale California-based company is expected to report a 11.7% increase in revenue to $1.283 billion from $1.15 billion a year ago, accordin...Reuters
Tue, Apr 29
Other
HDI's US subsidiary adds James River's Yood as environmental executive underwriter
By Isha MaratheApril 29 - (The Insurer) - HDI Global Insurance Company, the U.S. subsidiary of HDI Global SE, has hired executive underwriter Donna Yood to its new environmental liability product line.Yood has over 15 years of experience in the industry. Most recently, she was an underwriting manag...Reuters
Tue, Apr 29
Other
Centerspace expected to post a loss of 18 cents a share - Earnings Preview
Centerspace CSR.N, CSR is expected to show a rise in quarterly revenue when it reports results on May 1 for the period ending March 31 2025The Minot North Dakota-based company is expected to report a 3.4% increase in revenue to $66.672 million from $64.51 million a year ago, according to the mean ...Reuters
Tue, Apr 29
