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Stocks
Kearny Financial Corp reports results for the quarter ended March 31 - Earnings Summary
Kearny Financial Corp KRNY.OQ reported quarterly adjusted earnings of 11 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 12 cents. The mean expectation of two analysts for the quarter was for earnings of 11 cents per share. W...Reuters
Thu, Apr 24
Economic Indicator
US spirits exports rise 10% in 2024 amid tariff fears
By Ananya Mariam Rajesh April 24 (Reuters) - U.S. spirits exports rose 10% in 2024 to $2.4 billion, according to a report by Distilled Spirits Council of the United States (DISCUS), driven by a surge in supply to the European Union, the biggest export market.The rise last year came amid fears of ...Reuters
Thu, Apr 24
Other
AM Best panel: AI usage increasing at DUAEs but not a ‘magic wand’
By Chris MunroApril 24 - (The Insurer) - Artificial intelligence has an important role to play in helping delegated underwriting authority enterprises (DUAEs) differentiate themselves, but it is not a panacea and must be used to support existing technical expertise within a business.That was one of ...Reuters
Thu, Apr 24
Commodities
US natgas prices fall 3% to 5-month low on mild weather ahead of storage report
U.S. LNG export feedgas on track to hit record high in AprilU.S. gas output on track to hit record high in AprilU.S. gas storage about 3% below five-year averageBy Scott DiSavino April 24 (Reuters) - U.S. natural gas futures fell about 3% to a five-month low on Thursday on expectations that mild ...Reuters
Thu, Apr 24
Other
Russia says its 'massive' overnight strike on Ukraine hit Kyiv's military-industrial complex
MOSCOW, April 24 (Reuters) - The Russian Defence Ministry said on Thursday it had carried out what it described as a massive overnight strike against Ukraine's military-industrial-complex using air, land and sea-based long-range high-precision weapons and drones.It said in a statement it had hit...Reuters
Thu, Apr 24
Commodities
USTR holds "productive" trade meeting with Vietnam, statement says
WASHINGTON, April 24 (Reuters) - U.S. Trade Representative Jamieson Greer held a productive virtual meeting with his Vietnamese counterpart in which they agreed on the importance of making swift progress on reciprocal trade, his office said in a statement on Thursday.Greer and Vietnam Minister of In...Reuters
Thu, Apr 24
Commodities
US names lead for technical talks with Iran, Politico reports
WASHINGTON, April 24 (Reuters) - Department of State policy planning director Michael Anton will lead a team of about a dozen U.S. government officials to negotiate with Iran in upcoming nuclear talks, Politico reported on Thursday, citing two unidentified U.S. officials.Tehran has said that Iran an...Reuters
Thu, Apr 24
Other
Deals of the day-Mergers and acquisitions
April 24 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 13:30 GMT on Thursday:** Parcel giant UPS UPS.N said it would buy Canada's Andlauer Healthcare Group AND.TO for $1.6 billion, boosting its healthcare logistics business. nL4N3R2152** Swiss testing and i...Reuters
Thu, Apr 24
Cryptocurrencies
Xi Jinping pitches China as EU’s true partner while Trump picks fights on all fronts
President Xi Jinping is trying to convince Europe that China is its real ally, while Donald Trump is going after the European Union with tariffs, threats over defense, and zero patience for negotiations. China needs new friends. The trade war with the US has boxed it in, so Xi is now pushing hard to fix […]Cryptopolitan
Thu, Apr 24
Stocks
Newmont climbs as Q1 profit beats estimates on gold rally
** Shares of world's biggest gold miner Newmont NEM.N rise 2.4% to $54.42** Co beats Q1 profit estimates benefiting from a rally in bullion prices** NEM reports Q1 adjusted profit of $1.25 per share vs estimate of 90 cents per share - data compiled by LSEG ** Co's quarterly average reali...Reuters
Thu, Apr 24
Other
Beermaker Modelo to invest $3.6 billion in Mexico through 2027
MEXICO CITY, April 24 (Reuters) - Mexican brewer Grupo Modelo will invest more than $3.6 billion in Mexico from 2025 to 2027, a top executive for the firm said on Thursday.Modelo, which makes its eponymous Modelo beer as well as brands like Corona, Victoria and Pacifico, is controlled by Belgian gia...Reuters
Thu, Apr 24
Stocks
US STOCKS-S&P 500, Nasdaq inch higher on tech boost, earnings weigh on Dow
Indexes: Dow down 0.40%, S&P 500 up 0.10%, Nasdaq up 0.41% Alaska Airlines falls after pulling outlook Proctor & Gamble down after annual forecast trimMarch durable goods jump more than expected By Lisa Pauline Mattackal and Purvi Agarwal April 24 (Reuters) - Wall Street's main indexe...Reuters
Thu, Apr 24
Other
Exclusive: Argo primary and excess casualty head Schramm joining Lancashire's US operations
By James ThalerApril 24 - (The Insurer) - Argo’s former head of primary and excess casualty Chris Schramm is set to join Lancashire’s nascent U.S. E&S operations as senior vice president for casualty on April 30, based in Chicago.The Insurer exclusively reported on Wednesday that Schramm had lef...Reuters
Thu, Apr 24
Stocks
Comcast sheds more broadband subscribers as wireless carriers ramp up bundled plans
By Harshita Mary Varghese April 24 (Reuters) - Comcast CMCSA.O reported a larger-than-expected quarterly decline in broadband customers on Thursday, hit by intense competition from wireless carriers bundling mobile services with high-speed internet plans, sending its shares down 6%. Broadband cus...Reuters
Thu, Apr 24
Forex
Bank of England is midway through Bernanke Review response, Lombardelli says
WASHINGTON, April 24 (Reuters) - The Bank of England is midway through its work in responding to a major review of its forecasting and communication processes, Deputy Governor Clare Lombardelli said on Thursday.The review, published a year ago and authored by former U.S. Federal Reserve Chair Ben Be...Reuters
Thu, Apr 24
Other
Boeing CEO "won't be shy" about bringing in new execs if needed
April 24 (Reuters) - Boeing BA.N CEO Kelly Ortberg on Thursday praised the performance of upper management at the company, but told its annual general meeting that he would not hesitate to make personnel changes if needed.“Won’t be shy about doing that, but again, I think the team is coming together...Reuters
Thu, Apr 24
Stocks
ResMed rises after slight quarterly profit beat
** Medical device maker ResMed's RMD.N shares rise 8.1% to $231.81 ** RMD posted late on Wednesday Q1 adj. profit of $2.37 per share, beating analysts' estimates of $2.36 per share, according to data compiled by LSEG** Company's Q1 revenue rose 8% to $1.29 billion ** ResMed said it is &#...Reuters
Thu, Apr 24
Stocks
JPM upgrades Cadence, sees over 20% upside amid strong chip design trends
Investing.com -- JP Morgan upgraded Cadence Design (NASDAQ:CDNS) Systems to "Overweight" from "Neutral" amid the recent stock underperformance. It notes a rising demand for chip design tools that posiInvesting.com
Thu, Apr 24
Economic Indicator
IMF hopes to agree soon on next program review with Sri Lanka, official says
WASHINGTON, April 24 (Reuters) - The International Monetary Fund hopes to have an agreement soon on the next review of its program with Sri Lanka, Krishna Srinivasan, the director of the global lender's Asia and Pacific Department, said on Thursday."The program with Sri Lanka has led to a si...Reuters
Thu, Apr 24
Other
Autodesk settles fight with Starboard, adds two to board
Autodesk adds Jeff Epstein and Christie Simons to boardStarboard criticized Autodesk for underperformance, sought board changesProxy fights costly amid economic uncertainty, settlements on the riseStarboard holds $500 million stake in AutodeskBy Svea Herbst-Bayliss April 24 (Reuters) - Autodesk A...Reuters
Thu, Apr 24
