News
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Stocks
Crypto stocks rise as bitcoin rallies to seven-week high
** Shares of cryptocurrency and blockchain-related firms rise premarket as bitcoin hits highest levels since early Mar** Bitcoin BTC=, world's biggest cryptocurrency, up 1.6% to $88,685, while Ether ETH= advances 3.6% to $1,635** BTC rose nearly 3% on Mon even after U.S. President Donald Trump&#...
Reuters
Tue, Apr 22
Other
Lockheed Martin's quarterly profit rises on resilient defense demand
By Utkarsh Shetti, Mike StoneApril 22 (Reuters) - Lockheed Martin LMT.N reported a higher first-quarter profit on Tuesday and reaffirmed its forecasts for the year on the back of resilient demand for its missile systems and fighter jets.Shares of Lockheed were up 3% in pre-market trading on Tuesday ...Reuters
Tue, Apr 22
Stocks
Here's How Many Shares of Coca-Cola You Should Own to Get $5,000 in Yearly Dividends
Coca-Cola (NYSE: KO) has a long history. It began in the 1890s and continues to focus on beverages.Part of the company's history includes raising dividends. It's done that for 63 straight years, an impressive feat that makes the company a Dividend King. This group of companies has increased payouts ...The Motley Fool
Tue, Apr 22
Stocks
Quest Diagnostics rises after quarterly profit beat
** Shares of lab operator Quest Diagnostics DGX.N rise 6.7% to $172.67 premarket** DGX posts Q1 adj. profit of $2.21 per share helped by robust demand for its diagnostic tests, beating analysts' estimates of $2.15, according to data compiled by LSEG** Company reports Q1 revenue of $2.65 billion ...Reuters
Tue, Apr 22
Commodities
Barrick Gold sells Alaska mine stake to John Paulson, NovaGold for up to $1.1 billion
April 22 (Reuters) - Canada's Barrick Gold ABX.TO said on Tuesday it will exit the Donlin gold Project in Alaska by selling its 50% stake to billionaire John Paulson and NovaGold Resources NG.TO for up to $1.1 billion.The Donlin Gold project is a proposed mine which holds roughly 39 million ounc...Reuters
Tue, Apr 22
Stocks
Mueller Industries Inc reports results for the quarter ended March 31 - Earnings Summary
Mueller Industries Inc MLI.N reported quarterly adjusted earnings of $1.26 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.21. The lone analyst forecast for the quarter was for earnings of $1.31 per share. Revenue rose 17.7% to...Reuters
Tue, Apr 22
Other
Devon Energy targets $1 billion free cash flow boost by 2026
April 22 (Reuters) - Devon Energy DVN.N said on Tuesday it plans to boost its annual free cash flow by $1 billion by the end of 2026.The U.S. oil and gas producer aims to achieve this by reducing drilling and completion costs and improving operating margins."Given the challenging market and shif...Reuters
Tue, Apr 22
Other
Independent Bank Corp (Michigan) expected to post earnings of 70 cents a share - Earnings Preview
Independent Bank Corp (Michigan) IBCP.OQ IBCP.O is expected to show a rise in quarterly revenue when it reports results on April 24 for the period ending March 31 2025The Grand Rapids Michigan-based company is expected to report a 8.0% increase in revenue to $43.399 million from $40.2 million a ye...Reuters
Tue, Apr 22
Stocks
Old National Bancorp reports results for the quarter ended March 31 - Earnings Summary
Old National Bancorp ONB.OQ reported quarterly adjusted earnings of 45 cents per share for the quarter ended March 31, identical to the same quarter last year. The mean expectation of nine analysts for the quarter was for earnings of 43 cents per share. Wall Street expected results to range from ...Reuters
Tue, Apr 22
Other
Morning News Call - Canada, April 22
To access a PDF version of this newsletter, please click hereYou can read Morning News Call Canada via TOPNEWS Canada page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageECONOMIC EVENTS0830 Producer pr...Reuters
Tue, Apr 22
Stocks
OMNICOM MEDIA GROUP TO CONSOLIDATE ALL INFLUENCER CAPABILITIES UNDER CREO
Consolidation Brings Industry-leading Playbook, Technology and Partnerships from Flagship Influencer Agency Brand to Clients Across OMG's Global Footprint NEW YORK, April 22, 2025 /PRNewswire/ -- Omnicom Media Group (OMG), the media services division of Omnicom (NYSE: OMC) is consolidating all...PR Newswire
Tue, Apr 22
Cryptocurrencies
Reserve Bank of India to inject $35 billion into the economy, boost credit growth by 2%
The Reserve Bank of India said Monday it will unlock up to 3 trillion rupees—that’s $35.24 billion—from the banking system by loosening rules on liquidity coverage. This change will let banks lend more money and possibly push credit growth up by as much as 2 percentage points, while also giving Indian banks more breathing room […]Cryptopolitan
Tue, Apr 22
Cryptocurrencies
Top Analyst Predicts Ethereum Could Ignite Bull Rally If Price Surpasses $2,330
As Bitcoin (BTC) approaches the $90,000 mark, Ethereum (ETH) remains in a consolidation phase, trading just above $1,500. This divergence in price movements has sparked discussions among crypto analysts regarding the potential future trajectory of Ethereum, particularly in light of Bitcoin’s b...NewsBTC
Tue, Apr 22
Cryptocurrencies
Crypto Industry Contributed $18 Million To Trump’s Inauguration, Ripple Among The Top Donors
A recent report by Fortune highlights President Donald Trump’s inauguration week as the most extravagant in history, fueled by an unprecedented $239 million in donations from corporate backers and executives, including key crypto players like Ripple Labs. Pilgrim’s Pride Tops Donations At $5 M...Bitcoinist
Tue, Apr 22
Stocks
22% of Warren Buffett-Led Berkshire Hathaway's $265 Billion Portfolio Is Invested in Only 1 Stock
Warren Buffett has been at the helm of Berkshire Hathaway for decades. During his tenure, the conglomerate's share price has soared at a compound annual rate of about 20%. This easily crushes the S&P 500 index.The best investment decision made by the "Oracle of Omaha," at least based on the dollar f...The Motley Fool
Tue, Apr 22
Other
RPT-BREAKINGVIEWS-Shein is next litmus test for India-China ties
By Shritama Bose MUMBAI, April 22 (Reuters Breakingviews) - Shein's India plans may be running into a fresh tangle. China's desire to keep manufacturers from moving supply chains outside the country poses a threat to the fast-fashion giant's joint venture with Mukesh Ambani's $200...Reuters
Tue, Apr 22
Stocks
Southern First Bancshares Inc reports results for the quarter ended March 31 - Earnings Summary
Southern First Bancshares Inc SFST.OQ reported quarterly adjusted earnings of 65 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 31 cents. The lone analyst forecast for the quarter was for earnings of 61 cents per share. Rev...Reuters
Tue, Apr 22
Other
China urges Japan to help fight US tariffs together, Kyodo reports
TOKYO, April 22 (Reuters) - Chinese Premier Li Qiang has sent a letter to Japanese Prime Minister Shigeru Ishiba calling for a coordinated response to U.S. President Donald Trump's tariff measures, Japan's Kyodo news agency reported on Tuesday.The letter, sent via the Chinese embassy in Japa...Reuters
Tue, Apr 22
Stocks
Invesco beats quarterly profit estimates on robust fee income; shares rise
April 22 (Reuters) - Asset manager Invesco IVZ.N on Tuesday beat Wall Street estimates for first-quarter profit, helped by higher fee income, as investors rushed to rejig their investments amid tariff-driven market volatility. Shares of the Atlanta, Georgia-based company rose 5.1% in premarket tradi...Reuters
Tue, Apr 22
Other
Regeneron to invest over $3 billion to boost US manufacturing
April 22 (Reuters) - Regeneron Pharmaceuticals REGN.O said on Tuesday it has signed a deal worth more than $3 billion with contract drug developer Fujifilm Diosynth, potentially doubling its U.S. manufacturing capacity and bringing its total investments in the country to over $7 billion. Major U.S. ...Reuters
Tue, Apr 22
