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Stocks
Street View: Demand looks stable for 3M but tariff challenges remain
** U.S. industrial conglomerate 3M Co MMM.N on Tuesday beat Wall St expectations for Q1 profit on cost cutting, even as it warned of a potential hit to 2025 earnings from trade tensions** Median PT of 19 brokerages covering the stock is $153 - data compiled by LSEGTARIFF TANGO IN THE INDUSTRIAL AREN...
Reuters
Wed, Apr 23
Commodities
U.S. nuclear power plant outages
April 23 (Reuters) - The following table lists total U.S. nuclear power generation capacity and the capacity offline due to planned and unplanned reasons, according to the daily data from the U.S. Nuclear Regulatory Commission.Total capacity EL-USTOTCAP-MW ......... 96,986 MW Tota...
Reuters
Wed, Apr 23
Stocks
Label maker Avery Dennison switches to quarterly outlook citing macro uncertainty
April 23 (Reuters) - Avery Dennison AVY.N, which makes packaging and labeling products such as radio frequency tags, pulled its annual forecast on Wednesday and said it was shifting to quarterly projections because of macroeconomic uncertainty.U.S. President Donald Trump's wave of tariffs has de...
Reuters
Wed, Apr 23
Economic Indicator
Vietnam starts trade talks with US as immense 46% tariffs loom, state media reports
HANOI, April 23 (Reuters) - Vietnam's trade minister spoke to U.S. Trade Representative Jamieson Greer by phone on Wednesday, state-run media reported, kicking off trade talks as whopping 46% U.S. tariffs loom, threatening growth in Southeast Asia's industrial hub.The U.S. has paused imposin...
Reuters
Wed, Apr 23
Economic Indicator
Fed's Goolsbee: increase in productivity growth appears to be technology-driven
April 23 (Reuters) - Chicago Federal Reserve Bank President Austan Goolsbee on Wednesday said he believes the U.S. economy may be at the start of a technology-driven boom in productivity growth with potentially big implications for workers seeking to move from lower-income to higher-income jobs."...
Reuters
Wed, Apr 23
Other
EU stands by trade relationship with US, Dombrovskis says
WASHINGTON, April 23 (Reuters) - The European Union is not giving up on its trade relationship with the United States but will also seal new partnerships across the world to strengthen its economic security at home, European Union Commissioner for the Economy Valdis Dombrovskis said in a speech in W...
Reuters
Wed, Apr 23
Other
SoftBank-backed consortium partners with SPAC for $3.6 billion crypto venture
April 23 (Reuters) - SoftBank-backed crypto venture Twenty One Capital said on Wednesday it has agreed for a business combination with blank-check vehicle Cantor Equity Partners in a $3.6 billion deal.
Reuters
Wed, Apr 23
Other
Tennis-Alcaraz reveals secret of Wimbledon titles - partying hard in Ibiza
LONDON, April 23 (Reuters) - Carlos Alcaraz has lifted the lid on his secret for winning his first Wimbledon title in 2023 and defending the title a year later -- partying hard in Ibiza.In a new Netflix documentary, "Carlos Alcaraz: My Way", the Spaniard describes how he went against the adv...
Reuters
Wed, Apr 23
Stocks
CANADA STOCKS-TSX opens higher after Trump says won't fire Fed chair Powell
April 23 (Reuters) - Canada's main stock index opened higher on Wednesday as investors welcomed U.S. President Donald Trump's assurance that he would not fire Federal Reserve Chairman Jerome Powell, along with his hints of a possible trade deal with China.At 9:31 a.m. ET (1331 GMT), the Toro...
Reuters
Wed, Apr 23
Stocks
US STOCKS SNAPSHOT-Wall Street jumps at open as Trump says he has no plans to fire Powell
April 23 (Reuters) - Wall Street's main indexes rallied at the open on Wednesday after U.S. President Donald Trump dialed back on his threats to fire Federal Reserve Chair Jerome Powell and raised hopes for a trade deal with China.The Dow Jones Industrial Average .DJI rose 628.0 points, or 1.60%...
Reuters
Wed, Apr 23
Other
Street View: Brokerages remains positive on Baker Hughes after Q1 profit beat
** Oilfield services company Baker Hughes BKR.O beat Q1 profit estimates, helped by sustained demand for its drilling equipment and technology in international markets and North America** BKR posted Q1 adjusted profit of 51 cents per share vs est of 48 cents per share - data compiled by LSEGSTRONG I...
Reuters
Wed, Apr 23
Stocks
Healthcare Services Group Inc reports results for the quarter ended March 31 - Earnings Summary
Healthcare Services Group Inc HCSG.OQ reported quarterly adjusted earnings of 23 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 21 cents. The mean expectation of five analysts for the quarter was for earnings of 18 cents pe...
Reuters
Wed, Apr 23
Stocks
Watsco Inc reports results for the quarter ended March 31 - Earnings Summary
Watsco Inc WSO.N reported quarterly adjusted earnings of $1.93 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $2.17. The mean expectation of fourteen analysts for the quarter was for earnings of $2.26 per share. Wall Street expect...
Reuters
Wed, Apr 23
Stocks
Virtu Financial Inc reports results for the quarter ended March 31 - Earnings Summary
Virtu Financial Inc VIRT.OQ reported quarterly adjusted earnings of $1.30 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 76 cents. The mean expectation of nine analysts for the quarter was for earnings of $1.20 per share. Wall St...
Reuters
Wed, Apr 23
Stocks
Norfolk Southern Corp reports results for the quarter ended March 31 - Earnings Summary
Norfolk Southern Corp NSC.N reported quarterly adjusted earnings of $2.69 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $2.49. The mean expectation of twenty four analysts for the quarter was for earnings of $2.69 per share. Wal...
Reuters
Wed, Apr 23
Stocks
First Community Corp (South Carolina) reports results for the quarter ended March 31 - Earnings Summary
First Community Corp (South Carolina) FCCO.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 34 cents. The mean expectation of three analysts for the quarter was for earnings of 45...
Reuters
Wed, Apr 23
Stocks
Old Dominion Freight Line Inc reports results for the quarter ended March 31 - Earnings Summary
Old Dominion Freight Line Inc ODFL.OQ reported quarterly adjusted earnings of $1.19 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $1.34. The mean expectation of twenty two analysts for the quarter was for earnings of $1.14 per sh...
Reuters
Wed, Apr 23
Stocks
M/I Homes Inc reports results for the quarter ended March 31 - Earnings Summary
M/I Homes Inc MHO.N reported quarterly adjusted earnings of $3.98 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $4.78. The mean expectation of two analysts for the quarter was for earnings of $4.16 per share. Wall Street expected...
Reuters
Wed, Apr 23
Stocks
Vertiv Holdings Co reports results for the quarter ended March 31 - Earnings Summary
Vertiv Holdings Co VRT.N reported quarterly adjusted earnings of 64 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 43 cents. The mean expectation of nineteen analysts for the quarter was for earnings of 62 cents per share. ...
Reuters
Wed, Apr 23
Stocks
Thermo Fisher Scientific Inc reports results for the quarter ended March 31 - Earnings Summary
Thermo Fisher Scientific Inc TMO.N reported quarterly adjusted earnings of $5.15 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $5.11. The mean expectation of twenty four analysts for the quarter was for earnings of $5.10 per sha...
Reuters
Wed, Apr 23
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