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Brazilian steelmaker Gerdau posts 39% decline in Q1 adjusted profit
SAO PAULO, April 28 (Reuters) - Brazilian steelmaker Gerdau GGBR4.SA posted on Monday a 39% decline in its adjusted net profit for the first quarter when compared to a year earlier, falling to 758 million reais ($134.07 million).($1 = 5.6537 reais)Reuters
Mon, Apr 28
Stocks
Why Investors Weren't Catching a Buzz From Curaleaf Holdings Stock Today
The market wasn't exactly rushing to light up on marijuana stock Curaleaf Holdings (OTC: CURLF) on Monday. More than a few investors were spooked by the pronouncements of a top Washington, D.C. law enforcement official on the retail pot business, and elected to trade out of the shares. They closed t...The Motley Fool
Mon, Apr 28
Other
Tesla's Semi factory in Nevada to have first trucks in production by end of 2025
April 28 (Reuters) - Tesla TSLA.O, in an update on Semi, said that the first units of the electric trucks will be on the production line by the end of 2025 at its Nevada gigafactory campus.Dan Priestley, who leads the Semi program at Tesla, said in a video posted to YouTube on Monday, that the facto...Reuters
Mon, Apr 28
Other
HG Vora pushes ahead with proxy fight, wants investors to vote on 3 seats
By Svea Herbst-BaylissNEW YORK, April 28 (Reuters) - Hedge fund HG Vora said on Monday it plans to push ahead with a proxy fight at Penn Entertainment PENN.O to try and elect all three of its director candidates, after the casino operator said it would appoint only two of them to its board."HG V...Reuters
Mon, Apr 28
Other
CORRECTED-ANALYSIS-Corporate America boosts security spending after UnitedHealth murder, filings show
Security cover expands to board members, public events, experts saySecurity spending median rose to $94,276 in 2024 from $69,180 in 2023Security costs expected to rise further in 2025, experts sayBy Medha Singh and Mariam Sunny April 28 (Reuters) - U.S. corporations have been ramping up their sec...Reuters
Mon, Apr 28
Other
MercadoLibre proposes to move US legal home to Texas from Delaware
April 28 (Reuters) - Latin American e-commerce giant MercadoLibre's board MELI.O called on its shareholders on Monday to approve a redomestication of its U.S. operations from Delaware to Texas, in a filing ahead of a June 17 shareholders meeting.WHY IT'S IMPORTANTAmong Latin America's la...Reuters
Mon, Apr 28
Cryptocurrencies
TRUMP meme coin incentive dinner triggered huge onchain transfers
Prospects of winning a VIP dinner by TRUMP meme coin holders, and potentially meeting the US President Donald Trump, ignited a surge in TRUMP on-chain transfers to the tune of $2.5 billion, according to Kaiko, a blockchain research firm. This follows an announcement made on April 23, which detailed the plans for an exclusive dinner […]Cryptopolitan
Mon, Apr 28
Stocks
Farmers & Merchants Bancorp Inc reports results for the quarter ended March 31 - Earnings Summary
Farmers & Merchants Bancorp Inc FMAO.OQ reported quarterly adjusted earnings of 51 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 39 cents. The mean expectation of three analysts for the quarter was for earnings of 42 c...Reuters
Mon, Apr 28
Other
US Congress wrestles with Trump tax bill, aims to finish by July 4
House debate turns on fight over Medicaid, green energy Top Democrat vows to wage legislative combat By David Morgan WASHINGTON, April 28 (Reuters) - Republicans in the U.S. Congress turned in earnest on Monday to their biggest challenge of Donald Trump's presidency: trying to bridge interna...Reuters
Mon, Apr 28
Stocks
Nov Inc reports results for the quarter ended March 31 - Earnings Summary
Nov Inc NOV.N reported quarterly adjusted earnings of 19 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 30 cents. The mean expectation of twenty two analysts for the quarter was for earnings of 25 cents per share. Wall Stree...Reuters
Mon, Apr 28
Stocks
COPT Defense Properties reports results for the quarter ended March 31 - Earnings Summary
COPT Defense Properties CDP.N reported quarterly adjusted earnings of 31 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 29 cents. The mean expectation of three analysts for the quarter was for earnings of 33 cents per share...Reuters
Mon, Apr 28
Stocks
Teradyne Inc reports results for the quarter ended March 31 - Earnings Summary
Teradyne Inc TER.OQ reported quarterly adjusted earnings of 75 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 51 cents. The mean expectation of fifteen analysts for the quarter was for earnings of 62 cents per share. Wall S...Reuters
Mon, Apr 28
Stocks
Universal Health Services Inc reports results for the quarter ended March 31 - Earnings Summary
Universal Health Services Inc UHS.N reported quarterly adjusted earnings of $4.84 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $3.70. The mean expectation of eighteen analysts for the quarter was for earnings of $4.35 per share...Reuters
Mon, Apr 28
Other
Carrier LATAM raises core earning outlook on strong Q1, stable demand
MEXICO CITY, April 28 (Reuters) - LATAM Airlines on Monday hiked its estimated core earnings for the year, citing strong first-quarter results and stable demand.The Chilean carrier bumped up its annual outlook for earnings before interest, taxes, depreciation, amortization and rental costs (EBITDAR)...Reuters
Mon, Apr 28
Stocks
Waste Management misses Q1 revenue estimates, shares fall
April 28 (Reuters) - Waste Management WM.N reported first-quarter revenue below Wall Street estimates on Monday, while posting higher expenses in the quarter related to the integration of its new medical waste destruction businesses.Shares of the company edged down more than 1% in after-market tradi...Reuters
Mon, Apr 28
Commodities
LIVESTOCK-CME cattle set contract highs on record cash prices
By Tom Polansek CHICAGO, April 28 (Reuters) - Chicago Mercantile Exchange live cattle and feeder cattle futures stormed to new contract highs on Monday on record cash prices and limited supplies, analysts said.Concerns that Washington could block cattle from Mexico added support to futures, as a ...Reuters
Mon, Apr 28
Cryptocurrencies
Ripple ‘Making Up For Lost Time’ After SEC Battle, Says Lawyer
Ripple’s aggressive expansion strategy following its prolonged legal battle with the US Securities and Exchange Commission (SEC) is being interpreted as a decisive bid to regain lost momentum. Pro-XRP attorney John E Deaton, a prominent figure within the XRP community, commented via X, stating, R...Bitcoinist
Mon, Apr 28
Other
West Coast ports see 30% decline in freight volume amid tariffs, TD Cowen says
Investing.com -- TD Cowen analysts highlighted significant decreases in shipping volumes at U.S. ports during a critical import season. According to Jason Seidl of TD Cowen, ocean freight data from AsInvesting.com
Mon, Apr 28
Cryptocurrencies
CMT-Verified Analyst Reveals When To Buy Bitcoin As Heikin Ashi Candle Turns Bearish
Following the Bitcoin (BTC) price increase above $94,000, Tony Severino, a CMT-verified analyst, released a detailed technical analysis outlining a clear strategy for navigating the next major move. As the Heikin Ashi monthly candle flashes bearish signals, the analyst shares the ideal time to buy B...NewsBTC
Mon, Apr 28
Commodities
Power begins to return after huge outage hits Spain and Portugal
Power outage hits Spain, Portugal and briefly FranceAuthorities try to establish what caused the outagePublic transport brought to haltSupply restored to some places by Monday eveningBy Emma Pinedo, Catarina Demony and David Latona MADRID/LISBON, April 28 (Reuters) - Power started returning to pa...Reuters
Mon, Apr 28
