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EXPLAINER-Who accredits US universities and what does Trump want to change?
April 24 (Reuters) - U.S. President Donald Trump issued an executive order this week targeting the non-government agencies that accredit universities and other higher-education institutions, saying that some promote diversity he considers to be a form of unlawful discrimination.The order instructs E...Reuters
Thu, Apr 24
Stocks
Eastman Chemical Co reports results for the quarter ended March 31 - Earnings Summary
Eastman Chemical Co EMN.N reported quarterly adjusted earnings of $1.91 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.61. The mean expectation of eighteen analysts for the quarter was for earnings of $1.89 per share. Wall Str...Reuters
Thu, Apr 24
Commodities
Global container shipping volume to fall 1% on Trump trade policies, Drewry says
A 2025 drop in global container shipping volume would be third since 1979, Drewry saidIf two-thirds of current U.S. tariffs remain in place, U.S. imports from China could fall 40%, Drewry said U.S. imports from other countries could partly offset the China drop, Drewry saidBy Lisa Baertlein NEW O...Reuters
Thu, Apr 24
Commodities
Weyerhaeuser beats first quarter profit estimates on strong domestic demand
April 24 (Reuters) - Weyerhaeuser WY.N beat Wall Street estimates for first-quarter profit on Thursday, as the lumber firm was helped by robust domestic demand. According to U.S. government data released on Wednesday new home sales surged to a six-month high in March, as buyers hurried to capital...Reuters
Thu, Apr 24
Forex
NZD/JPY Price Analysis: Modest recovery holds as bulls eye resistance ahead of Asian session
The NZDJPY pair was seen trading near the 90.50 area on Thursday, stabilizing after mild intraday gains. The pair is attempting to consolidate above key short-term levels, as investors weigh broad risk sentiment and upcoming Asian market flows.
Fxstreet
Thu, Apr 24
Other
Verisign first-quarter revenue rises on strong demand for domain names
April 24 (Reuters) - Internet services company Verisign VRSN.O reported a 4.7% rise in first-quarter revenue on Thursday, driven by steady demand for domain registrations as businesses build their online presence.An increasing number of businesses are acquiring and renewing domain names, which helps...Reuters
Thu, Apr 24
Other
Nubank clears major hurdle in securing Mexico banking license
MEXICO CITY, April 24 (Reuters) - Brazilian fintech Nubank NU.N said on Thursday that its Mexico arm received regulatory approval from the Mexican National Banking and Securities Commission to begin the process of becoming a full-service bank. In a statement, Nubank, one of the fastest-growing digit...Reuters
Thu, Apr 24
Economic Indicator
Mexican Peso holds firm as inflation rises and US Dollar slides
The Mexican Peso registered modest gains versus the US Dollar on Thursday due to the latter’s broad weakness, even though Mexico’s inflation came in slightly higher than expected. At the time of writing, the USD/MXN trades at 19.57 after hitting a daily high of 19.63.
Fxstreet
Thu, Apr 24
Stocks
Digital Realty lifts annual FFO forecast on strong data center demand
April 24 (Reuters) - Digital Realty Trust DLR.N raised its annual core funds from operations (FFO) forecast on Thursday, betting on strong demand for data center services, sending its shares up 2% in extended trading.Companies have been investing heavily in developing artificial intelligence models ...Reuters
Thu, Apr 24
Commodities
REFILE-Northern Mexico farmers fight drought amid water dispute with the US
Drought affects over 64% of Mexico, hardest hit in northern statesMexico-U.S. negotiations tense over 1944 water treaty complianceChihuahua farmers face relocation due to water scarcityBy Jose Luis Gonzalez JULIMES, Mexico, April 24 (Reuters) - Dead animals lie scattered across the planes of this...Reuters
Thu, Apr 24
Stocks
VeriSign, Inc reports results for the quarter ended March 31 - Earnings Summary
VeriSign, Inc VRSN.OQ reported quarterly adjusted earnings of $2.10 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.92. The mean expectation of two analysts for the quarter was for earnings of $2.11 per share. Wall Street expec...Reuters
Thu, Apr 24
Other
Shooter in 2022 Chicago-area parade massacre sentenced to life in prison
By Brendan O'Brien and Doyinsola Oladipo Chicago, April 24 (Reuters) - An Illinois judge on Thursday sentenced a man to life in prison without the possibility of parole for a 2022 mass shooting at an Independence Day parade in a Chicago suburb that killed seven people, the state’s attorney...Reuters
Thu, Apr 24
Other
EXCLUSIVE-Trump poised to offer Saudi Arabia over $100 bln arms package - sources
By Mike Stone and Pesha Magid WASHINGTON/RIYADH, April 24 (Reuters) - The United States is poised to offer Saudi Arabia an arms package worth well over $100 billion, six sources with direct knowledge of the issue told Reuters, saying the proposal was being lined up for announcement during U.S. Pr...Reuters
Thu, Apr 24
Stocks
TRADING DAY-Stocks rally for third day as earnings optimism trumps tariffs confusion
NEW YORK, April 24 (Reuters) - TRADING DAY Making sense of the forces driving global markets. By Alden Bentley, Americas Finance and Markets Breaking News Editor.Jamie is away so I'll provide a round-up of today's main market moves below. I'd love to hear from you, so please re...Reuters
Thu, Apr 24
Stocks
SLM Corp reports results for the quarter ended March 31 - Earnings Summary
SLM Corp SLM.OQ reported quarterly adjusted earnings of $1.40 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.27. The mean expectation of twelve analysts for the quarter was for earnings of $1.19 per share. Wall Street expected...Reuters
Thu, Apr 24
Stocks
Comfort Systems USA Inc reports results for the quarter ended March 31 - Earnings Summary
Comfort Systems USA Inc FIX.N reported quarterly adjusted earnings of $4.75 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $2.69. The mean expectation of seven analysts for the quarter was for earnings of $3.71 per share. Wall St...Reuters
Thu, Apr 24
