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Stocks
Eagle Bancorp Montana Inc reports results for the quarter ended March 31 - Earnings Summary
Eagle Bancorp Montana Inc EBMT.OQ reported quarterly adjusted earnings of 41 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 24 cents. The mean expectation of three analysts for the quarter was for earnings of 32 cents per s...
Reuters
Tue, Apr 29
Stocks
Grupo Aeroportuario del Centro Norte SAB de CV reports results for the quarter ended March 31 - Earnings Summary
Grupo Aeroportuario del Centro Norte SAB de CV OMAB.OQ reported quarterly adjusted earnings of $1.31 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $1.32. The mean expectation of three analysts for the quarter was for earnings of ...
Reuters
Tue, Apr 29
Stocks
Altria up after upbeat Q1 results on demand for smoking alternatives
** Shares of Marlboro maker Altria MO.N up 1.5% at $59.11 in early trade** Co beats estimates for Q1 sales and profit, helped by rising demand for its smoking alternatives, such as on! nicotine pouches and NJOY vapes** However, flags an $873 million impairment at its e-cigarette business, where ship...
Reuters
Tue, Apr 29
Commodities
Spain, Portugal switch back on, seek answers after biggest ever blackout
Electricity restored to most of Spain, PortugalAuthorities under pressure to explain Monday's blackoutSpanish schools reopen, public transport restartsPower outage was one of biggest ever seen in Europe MADRID, April 29 (Reuters) - Spain and Portugal switched their power back on after the wor...
Reuters
Tue, Apr 29
Other
Brown & Brown share price slides 7% after organic growth miss
By David BullApril 29 - (The Insurer) - Brown & Brown reported in-line quarterly earnings and an organic revenue growth miss on Monday, triggering an adverse reaction from investors with the intermediary’s shares trading down 7% at around 10.00 a.m. in New York on Tuesday.The Daytona Beach, Flor...
Reuters
Tue, Apr 29
Cryptocurrencies
The new Trump era blurs the lines between crypto, banks, and fintech
Crypto firms and major US banks are reportedly closing ranks in the early days of Donald Trump’s second presidential term, who has helped dissolve boundaries that had previously kept digital assets and traditional finance at arm’s length. President Trump’s promises of turning the US into the “crypto capital of the world” have encouraged traditional financial […]
Cryptopolitan
Tue, Apr 29
Other
Mishap with Firefly's Alpha rocket puts Lockheed satellite in shallow orbit
WASHINGTON, April 29 (Reuters) - Firefly Aerospace said the sixth mission of its Alpha rocket suffered a mishap in space after launching from California on Tuesday, putting a satellite owned by Lockheed Martin in a "lower than planned orbit," suggesting a mission failure.
Reuters
Tue, Apr 29
Stocks
Paccar falls on lower Q1 profit
** Truck maker Paccar PCAR.O shares down 5.3% to $87 in early trade ** Co posts a decline in Q1 profit on lower truck and parts sales during the quarter** Co posts Q1 adj. profit of $1.46/share as compared to $2.25/share posted in the same period last year ** However, Q1 revenue was $7.44 bln as com...
Reuters
Tue, Apr 29
Stocks
SoFi rises to near two-month high after lifting FY revenue forecast
** Personal finance app SoFi Technologies' SOFI.O shares climb 4% at $13.76 in early trading as co lifts FY rev forecast ** Co raises adj revenue forecast to be between $3.24 bln to $3.31 bln, from $3.20 bln to $3.28 bln** Reports Q1 adj net revenue of $770.7 mln, surpassing estimates of $739 ml...
Reuters
Tue, Apr 29
Stocks
GM falls after pulling forecast, freezing buyback
** Shares of General Motors GM.N down 2.9% at $45.88 per share** GM falls as much as 4% to mark its worst intraday drop in nearly three weeks** Detroit-based automaker suspends FY25 forecast, reflecting impact of U.S. President Donald Trump's global trade war on the auto industry** It forecast 2...
Reuters
Tue, Apr 29
Stocks
Needham bullish on Twilio on upside on AI, free cash flow
Investing.com -- Needham is bullish on Twilio (NYSE:TWLO) Inc, which is Buy rating, added the stock to its Conviction List, citing confidence in the company’s ability to meet its long-term financial g
Investing.com
Tue, Apr 29
Stocks
Polaris Inc reports results for the quarter ended March 31 - Earnings Summary
Polaris Inc PII.N reported a quarterly adjusted loss of 90 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 23 cents. The mean expectation of fifteen analysts for the quarter was for a loss of 91 cents per share. Wall Street e...
Reuters
Tue, Apr 29
Other
U.N. refugee agency to close four offices in Mexico amid funding crunch
MONTERREY, Mexico, April 29 (Reuters) - MEXICO CITY, April 29 (Reuters) - The U.N. refugee agency in Mexico plans to close four offices in Mexico due to a "serious funding crisis" the agency is facing, a UNHCR official told Reuters. Two of the offices are in the southern Mexican cities of ...
Reuters
Tue, Apr 29
Stocks
Honeywell hits near 4-week high after first-quarter beat
** Honeywell's shares HON.O rose as much as 5.4% to $211.30 in early trade - their highest since April 3 ** Stock last up 4.5% at $209.58 ** Industrial conglomerate's Q1 adjusted EPS of $2.51 beats estimates of $2.21, while sales of $9.82 billion also top estimates of $9.59 billion, per ...
Reuters
Tue, Apr 29
Cryptocurrencies
Bitcoin Price Flashes Golden Cross That Only Happens Once Every Cycle, What To Expect
The Bitcoin price has just printed a rare Golden Cross on the weekly chart — a technical signal that historically appears once every market cycle. This Golden Cross has previously preceded some of Bitcoin’s most explosive bull runs, and analysts are eyeing its return as a sign that the next bullish ...
NewsBTC
Tue, Apr 29
Commodities
Billionaire investor John Paulson sees gold near $5,000 by 2028
By Ernest Scheyder April 29 (Reuters) - Central bank gold buying and global trade tensions are likely to push bullion prices to near $5,000 an ounce by 2028, billionaire investor John Paulson said in an interview during which he reinforced his commitment to U.S. mining projectsThe price forecast ...
Reuters
Tue, Apr 29
Other
Kerrisdale Capital Says We're Short D-Wave Quantum
April 29 (Reuters) - KERRISDALE CAPITAL: WE'RE SHORT D-WAVE QUANTUMSource https://tinyurl.com/y4c7m5vf
Reuters
Tue, Apr 29
Stocks
LIVE MARKETS-Wall Street choppy with mixed bag of news
Main US equity indexes mixed, changes modestApr consumer confidence < est; Mar JOLTS job openings < estEuro STOXX 600 index up ~0.3%Dollar edges up; bitcoin rises; gold off ~1%; crude down ~2%US 10-Year Treasury yield dips to ~4.19%Welcome to the home for real-time coverage of markets brought ...
Reuters
Tue, Apr 29
Other
Citigroup's shareholders approve 2024 pay for CEO, executives, new shares for grants
NEW YORK, April 29 (Reuters) - A large majority of Citigroup shareholders has approved CEO's Jane Fraser's 33% pay increase to $34.5 million at a virtual annual meeting held on Tuesday, as well as the compensation for other senior executives. More than 91% of shareholders voted in favor of t...
Reuters
Tue, Apr 29
Other
Axa XL adds CNA's Aliperti to extend cyber offerings to Americas SMEs
By Isha MaratheApril 29 - (The Insurer) - Axa XL has hired Michelle Aliperti, formerly vice president at CNA Insurance, as head of small and midsize enterprises in the Americas.Aliperti will drive Axa XL's plan to extend its cyber insurance products to SMEs and grow its commercial E&O offer...
Reuters
Tue, Apr 29
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