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Yale University explores sale of private equity fund interests
By Kanishka Singh WASHINGTON, April 22 (Reuters) - Yale University said on Tuesday it was exploring a sale of private equity fund interests and was being advised by investment banking firm Evercore.WHY IT'S IMPORTANTA Yale spokesperson's statement mentioned no amount or reason for the ste...Reuters
Tue, Apr 22
Stocks
West Fraser Timber Co Ltd reports results for the quarter ended March 31 - Earnings Summary
West Fraser Timber Co Ltd WFG.TO reported quarterly adjusted earnings of 46 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 42 cents. The mean expectation of four analysts for the quarter was for earnings of 61 cents per sha...Reuters
Tue, Apr 22
Stocks
West Fraser Timber Co Ltd reports results for the quarter ended March 31 - Earnings Summary
West Fraser Timber Co Ltd WFG.TO reported quarterly adjusted earnings of 46 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 42 cents. The mean expectation of four analysts for the quarter was for earnings of 61 cents per sha...Reuters
Tue, Apr 22
Stocks
Baker Hughes Co reports results for the quarter ended March 31 - Earnings Summary
Baker Hughes Co BKR.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 43 cents. The mean expectation of twenty two analysts for the quarter was for earnings of 48 cents per share. ...Reuters
Tue, Apr 22
Stocks
Baker Hughes Co reports results for the quarter ended March 31 - Earnings Summary
Baker Hughes Co BKR.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 43 cents. The mean expectation of twenty two analysts for the quarter was for earnings of 48 cents per share. ...Reuters
Tue, Apr 22
Stocks
Why Vertex Pharmaceuticals Was Such a Healthy Stock on Tuesday
Vertex Pharmaceuticals (NASDAQ: VRTX) had a fine Tuesday on the stock exchange. The biotech's shares closed the day nearly 3% higher in price, on the back of two positive mentions by analysts tracking the company's fortunes. That rise was slightly more pronounced than the S&P 500 index's 2.5% increa...The Motley Fool
Tue, Apr 22
Other
US FAA takes action to prevent helicopter incidents near Las Vegas airport
WASHINGTON, April 22 (Reuters) - The Federal Aviation Administration said on Tuesday it is taking action to prevent collisions between helicopters and passenger planes around the busy Las Vegas airport and it is also reviewing air traffic between two Los Angeles-area airports.A January 29 collision ...Reuters
Tue, Apr 22
Other
Chubb’s Q1 underwriting gain drops 69% to $441 million as cat losses surge to $1.64 billion
Q1 $3.68 operating EPS beats $3.19 consensus estimate, down from $5.27 in Q1 202495.7% combined ratio a deterioration from 86.0% in Q1 2024$1.64 billion net cat losses ($435 million in Q1 2024) include $1.47 billion preannounced wildfire lossesP&C NPW up 3.2% to $10.93 billion; North America up ...Reuters
Tue, Apr 22
Forex
EUR/JPY Price Analysis: Drifts near 162.00 as technical picture turns indecisive
The EURJPY pair is currently neutral, trading near the 162.00 zone after easing slightly on Tuesday. The pair remains confined within a narrow range between 160.98 and 162.32, showing no clear directional bias as Asian markets approach.
Fxstreet
Tue, Apr 22
Other
World Economic Forum opens new probe into founder Klaus Schwab, WSJ reports
April 22 (Reuters) - World Economic Forum founder Klaus Schwab is under investigation by the organization after a new whistleblower letter alleged financial and ethical misconduct, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. Klaus Schwab on Monday resigned as...Reuters
Tue, Apr 22
Other
Trump: No plans to fire Fed Chair Powell, but wants lower rates
WASHINGTON, April 22 (Reuters) - President Donald Trump said on Tuesday he has no plans to fire Federal Reserve Chairman Jerome Powell, but said he wants interest rates to be lower."I have no intention of firing him," Trump told reporters in the Oval Office on Tuesday. "I would like to s...Reuters
Tue, Apr 22
Technical Analysis
USD/CHF bounces over 1% as trade optimism lifts mood, but Powell tensions linger
The USD/CHF makes a U-turn and trade with gains of over 1% on Tuesday as market mood improved on trade headlines and a possible de-escalation of US-Sino conflict tensions. At the time of writing, the pair trades at 0.8181 after hitting a daily low of 0.8065.
Fxstreet
Tue, Apr 22
Cryptocurrencies
RPT-SEC Chair Atkins: Top priority is to have firm foundation for digital assets
WASHINGTON, April 22 (Reuters) - Paul Atkins, who was sworn in as the chairman of the Securities and Exchange Commission at the White House on Tuesday, said his top priority will be to have a firm foundation for digital assets and keep politics out of securities laws.Reuters
Tue, Apr 22
Stocks
Steel Dynamics posts upbeat quarterly results
April 22 (Reuters) - Steel Dynamics STLD.O on Tuesday beat Wall Street estimates for first-quarter revenue and profit, helped by higher steel shipments in the quarter. The company said its first-quarter results were supported by record steel shipments of 3.5 million tons, which was also backed by hi...Reuters
Tue, Apr 22
Forex
US SEC charges PGI Global founder with $198 million crypto fraud scheme
WASHINGTON, April 22 (Reuters) - The U.S. Securities and Exchange Commission said on Tuesday it charged PGI Global Founder Ramil Palafox for orchestrating a fraudulent scheme that raised about $198 million from investors worldwide.The SEC added that the charges stem from the misappropriation of more...Reuters
Tue, Apr 22
Commodities
COLUMN-Black Sea may hold back world wheat supplies into 2026: Braun
By Karen Braun NAPERVILLE, Illinois, April 22 (Reuters) - The global wheat market narrative has recently shifted, though it's easy to have missed it.Exportable world wheat supplies in 2024-25 are no longer expected to fall to multiyear lows, a perhaps predictable outcome based on recent patte...Reuters
Tue, Apr 22
Other
Trump says US will set terms if China does not do a trade deal
WASHINGTON, April 22 (Reuters) - President Donald Trump said on Tuesday that if China does not agree to a deal on trade, the U.S. will set the terms.Trump also told reporters he would be very nice in negotiations with Beijing and that tariffs on imports from the country would fall significantly foll...Reuters
Tue, Apr 22
Forex
IMF must be more active on debt restructurings, Georgieva says
WASHINGTON, April 22 (Reuters) - The International Monetary Fund must be more active in debt restructuring processes, the global lender's managing director, Kristalina Georgieva, said on Tuesday, noting the growing challenges facing vulnerable low- and middle-income countries.Georgieva told an e...Reuters
Tue, Apr 22
Stocks
GLOBAL MARKETS-Stocks rebound, dollar gains; earnings, U.S.-China tariff talks in focus
US stocks end sharply higher with earnings in focusDollar index edges higher after falling on MondayBessent forecasts de-escalation in US-China trade tensionsBy Caroline Valetkevitch NEW YORK, April 22 (Reuters) - U.S. stocks rebounded on Tuesday from the previous day's selloff as investors f...Reuters
Tue, Apr 22
