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Viatris eye therapy fails to meet late-stage trial goal
July 18 (Reuters) - Viatris VTRS.O said on Friday that its experimental ophthalmic ointment did not meet the main goal of a late-stage study in patients with an eye condition that causes inflammation.
Reuters
Fri, Jul 18
Other
Middlefield Banc Corp
expected to post earnings of 55 cents a share - Earnings Preview
Middlefield Banc Corp MBCN.OQ MBCN.O is expected to show a rise in quarterly revenue when it reports results on July 21 (estimated) for the period ending June 30 2025The Middlefield Ohio-based company is expected to report a 8.7% increase in revenue to $18.3 million from $16.84 million a year ago...
Reuters
Fri, Jul 18
Other
Farmland Partners Inc
expected to post breakeven results a share - Earnings Preview
Farmland Partners Inc FPI.N, FPI is expected to show a fall in quarterly revenue when it reports results on July 23 for the period ending June 30 2025The Denver Colorado-based company is expected to report a 15.4% decrease in revenue to $9.686 million from $11.45 million a year ago, according to ...
Reuters
Fri, Jul 18
Stocks
Global equity funds see outflows on tariff concerns
July 18 (Reuters) - Global investors pulled money out of equity funds in the week through July 16 as U.S. President Donald Trump's tariff threats and an inflation report indicating an increase in U.S. consumer prices, dampened risk sentiment.Investors withdrew a net $5.3 billion from global equi...
Reuters
Fri, Jul 18
Other
Teledyne Technologies Inc
expected to post earnings of $5.05 a share - Earnings Preview
Teledyne Technologies Inc TDY.N, TDY is expected to show a rise in quarterly revenue when it reports results on July 23 for the period ending June 30 2025The Thousand Oaks California-based company is expected to report a 7.3% increase in revenue to $1.474 billion from $1.37 billion a year ago, ac...
Reuters
Fri, Jul 18
Other
Western New England Bancorp Inc
expected to post earnings of 14 cents a share - Earnings Preview
Western New England Bancorp Inc WNEB.OQ WNEB.O is expected to show a rise in quarterly revenue when it reports results on July 21 (estimated) for the period ending June 30 2025The Westfield Massachusetts-based company is expected to report a 13.3% increase in revenue to $16.4 million from $14.47 ...
Reuters
Fri, Jul 18
Stocks
Talen Energy shares surge on $3.5 billion gas-fired power plant deals
By Pooja Menon and Arunima Kumar July 18 (Reuters) - Shares of Talen Energy TLN.O jumped more than 15% on Friday in premarket trading, a day after the power producer announced deals worth $3.5 billion to buy two gas-fired plants.The utility company on Thursday said it will buy the Moxie Freedom ...
Reuters
Fri, Jul 18
Forex
Italy at G7 warns about risks of trade tensions, dollar weakening
ROME, July 18 (Reuters) - Italy is concerned about trade tensions triggered by the threat of U.S. tariffs, and about the devaluation of the dollar, its economy minister told his international partners on Friday at a meeting of G7 finance chiefs in Durban, South Africa."We are concerned about the...
Reuters
Fri, Jul 18
Other
AI models with systemic risks given pointers on how to comply with EU AI rules
By Foo Yun Chee BRUSSELS, July 18 (Reuters) - The European Commission set out guidelines on Friday to help AI models it has determined have systemic risks and face tougher obligations to mitigate potential threats comply with European Union artificial intelligence regulation (AI Act).The move aim...
Reuters
Fri, Jul 18
Cryptocurrencies
Mega whales and Wall Street interest push Ethereum toward $3,700
Ethereum is on fire, and it looks like this rally will not be stopping anytime soon. After breaching $3,600, the largest altcoin is $3,700 next while riding a wave of institutional inflows, whale accumulation, and renewed retail FOMO. Ether is now outperforming Bitcoin, sparking a sentiment of the official start of altseason. With a $416 […]
Cryptopolitan
Fri, Jul 18
Stocks
3 No-Brainer Artificial Intelligence (AI) Stocks to Buy With $300 Right Now
Key PointsMany AI stocks have seen their valuations climb higher as market excitement in the industry grows.These three companies all provide essential tools and services for building new AI capabilities.Salesforce, Alphabet, and TSMC trade at low prices relative to their future growth potential.10 ...
The Motley Fool
Fri, Jul 18
Commodities
RPT-COLUMN-Trump's push for a comeback in coal may turn to ashes: Maguire
By Gavin Maguire LITTLETON, Colorado, July 18 (Reuters) - U.S. President Donald Trump has singled out the coal industry as a key driver of U.S. energy dominance, but there are currently no new U.S. coal plants under construction and utilities have identified quicker and cheaper paths to boost pow...
Reuters
Fri, Jul 18
Stocks
Hess gains as Chevron wins Exxon Guyana legal battle
** Shares of oil and gas producer Hess HES.N rise 8% to $161 premarket ** Chevron CVX.N will proceed with its $53 billion acquisition of Hess HES.N after it prevailed in a landmark legal battle against larger rival Exxon Mobil XOM.N to gain access to the largest oil discovery in decades in Guyana**...
Reuters
Fri, Jul 18
Commodities
Iraq's Kurdish oil exports restart is not imminent, sources say
BAGHDAD/LONDON, July 18 (Reuters) - A restart of Iraq's Kurdish oil exports is not imminent, sources said on Friday, despite Iraq's federal government saying on Thursday that shipments would resume immediately.
Reuters
Fri, Jul 18
Other
Truist's second-quarter profit rises on higher interest income, friendlier comparisons
July 18 (Reuters) - Truist Financial TFC.N reported a rise in second-quarter profit on Friday, helped by higher interest income and friendlier comparisons to the year-ago period. The U.S. Federal Reserve's series of interest rate cuts during the second half of 2024 has spurred banks to actively ...
Reuters
Fri, Jul 18
Stocks
BlackSky slides after upsized $160 mln convertible bond sale
** Shares of real-time geospatial intelligence solutions provider BlackSky Technology BKSY.N down 18.4% to $23.08 before the bell after co raises capital** Herndon, Virginia-based co early Fri announced pricing $160 mln 8.25% 8-yr convertible bond offering** Offering size boosted from $125 mln. Init...
Reuters
Fri, Jul 18
Stocks
3M raises full-year profit forecast, shares rise
** Shares of 3M MMM.N up 3.3% at $164.3 premarket ** Co raises annual profit forecast, as its cost-cutting measures and efforts to focus on high-margin products begin to pay off** MMM now expects 2025 adjusted profit in range of $7.75 and $8 per share, compared with $7.60 to $7.90 per share expected...
Reuters
Fri, Jul 18
Other
Morning News Call - U.S., July 18
To access a PDF version of this newsletter, please click here You can read Morning News Call -- US via TOPNEWS U.S. Companies page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-page For Morning Ne...
Reuters
Fri, Jul 18
Stocks
Ethereum Just Approached $3,500. 3 Reasons This Leading Cryptocurrency Is Still a Buy
Key PointsEthereum is the world's second-largest cryptocurrency by market cap.It has underperformed this year, especially compared to Bitcoin.Several developing catalysts could change this.10 stocks we like better than Ethereum › Cryptocurrencies are rounding into form. Bitcoin, the world's largest ...
The Motley Fool
Fri, Jul 18
Commodities
Indonesia still negotiating details, exemptions on US tariff deal, official says
JAKARTA, July 18 (Reuters) - Indonesia is still negotiating details of its recently-reached trade deal with the United States after Washington lowered tariff rates on the Southeast Asian country, and is pursuing exemptions for its exports of palm oil and nickel, an official said on Friday.The two co...
Reuters
Fri, Jul 18
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