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WK Kellogg To Pay Ferrero Termination Fee Of $73.5 Million Upon Deal Termination
July 10 (Reuters) - WK Kellogg Co KLG.N:WK KELLOGG CO - CO TO PAY FERRERO TERMINATION FEE OF $73.5 MILLION UPON DEAL TERMINATIONWK KELLOGG CO: FERRERO TO BE REQUIRED TO PAY CO TERMINATION FEE OF $105.1 MILLION IF DEAL TERMINATED UNDER CERTAIN CONDITIONS - FILINGSource text: [ID:n0001193125-25-157425...Reuters
Thu, Jul 10
Stocks
BofA lifts J B Hunt PT on expected fleet growth
** BofA Global Research raises J B Hunt Transport JBHT.O price target to $171 from $166, a premium of 12% to the stock's last close** Rating unchanged at "buy"** BofA says co continues to benefit from strong rail service and intermodal growth in the eastern U.S. ** Notes co plans to g...Reuters
Thu, Jul 10
Other
ADVISORY-Alert inadvertently tagged to Fujian Torch Electron Technology withdrawn
An alert on coaching platform Torch buying Praxis Labs was inadvertently tagged to Fujian Torch Electron Technology Co Ltd 603678.SS, an unrelated company, and has been withdrawn. There will be no substitute.STORY_NUMBER: nTUA2KSLLBSTORY_DATE: 10/07/2025STORY_TIME: 01:00:08 PM GMTReuters
Thu, Jul 10
Stocks
U.S. STOCKS ON THE MOVE-Huntington Ingalls, Nucor, Estee Lauder
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street looked set for a subdued start on Thursday, taking a breather after Nvidia's $4 trillion sprint, while airline stocks jumped following Delta's upbeat forecast..N** WK Kel...Reuters
Thu, Jul 10
Commodities
CBOT Trends-Wheat steady-up 6 cents, corn steady-down 2, soy down 1-7
CHICAGO, July 10 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Thursday. WHEAT - Steady to up 6 cents per bushelCBOT wheat climbed as tight Russian supplies overcame pressure from a...Reuters
Thu, Jul 10
Other
Exclusive: Harper and Cala-led Euclid Crisis Management launches with AmTrust paper
Former Tokio Marine HCC and Chubb UW execs Scott Harper and Joe Cala launch Euclid Crisis ManagementTrio of offerings product contamination, product recall, and restaurant contaminationCarrier partner is AmTrust on E&S paper with ECM offering up to $10 million of limitCan write on a primary or e...Reuters
Thu, Jul 10
Cryptocurrencies
Chinese FTX creditors file to contest discrimination in amended payout proposal
A Chinese customer of FTX has filed a formal objection in the US Bankruptcy Court for the District of Delaware against the bankrupt exchange’s proposed reorganization plan. In the filing, they alleged discrimination against creditors in “Restricted Jurisdictions.” The creditor, Weiwei Ji, argues that the current payout proposal unfairly blocks users based in China and […]Cryptopolitan
Thu, Jul 10
Other
Everest International names Shaw as CCO
By Rebecca DelaneyJuly 10 - (The Insurer) - Everest has appointed Mark Shaw as chief commercial officer for its international operations, the company said on Thursday.In his new role, Shaw will be responsible for leading the division’s international distribution strategy and client engagement, with ...Reuters
Thu, Jul 10
Other
US FDA publishes 200 rejection letters in transparency push
July 10 (Reuters) - The U.S. Food and Drug Administration on Thursday published more than 200 of its so-called complete response letters to drugmakers, a significant move to increase transparency of the agency's work. The published letters were issued in response to marketing applications of cer...Reuters
Thu, Jul 10
Other
FDA Embraces Transparency By Publishing Complete Response Letters
July 10 (Reuters) - FDA EMBRACES RADICAL TRANSPARENCY BY PUBLISHING COMPLETE RESPONSE LETTERSUS FDA: PUBLISHED MORE THAN 200 DECISION LETTERS, KNOWN AS COMPLETE RESPONSE LETTERSUS FDA: IN PROCESS OF PUBLISHING ADDITIONAL CRLS FROM ITS ARCHIVESSource text: [ID:]Further company coverage: [ ]Reuters
Thu, Jul 10
Stocks
LIVE MARKETS-S&P 500 traders tense given trendline, potential July turn
US equity index futures ~flat to slightly redInitial jobless claims 227k vs 235k estimateEuro STOXX 600 index up ~0.4%Dollar up; bitcoin, gold rise slightly; crude off ~1%US 10-Year Treasury yield edges up to ~4.35%Welcome to the home for real-time coverage of markets brought to you by Reuters repor...Reuters
Thu, Jul 10
Stocks
AMD rises after HSBC upgrades to 'buy'
** Advanced Micro Devices's AMD.O shares up 3.6% at $143.40 premarket** HSBC raises stock's rating to "buy" from "hold"; hikes PT to $200 from $100** Brokerage says "turning bullish as we think AI GPU pipeline will surprise with higher-than-expected MI350 pricing premium&...Reuters
Thu, Jul 10
Stocks
Copper miners up as red metal prices bounces after Trump sets a new tariff deadline
** U.S.-listed shares of copper miners rise premarket, tracking prices of the red metal** Benchmark three-month copper CMCU3 on the London Metal Exchange up 1.2% at $9,742 a ton** U.S. copper prices rebounded after President Donald Trump said a 50% tariff would be imposed from August 1, but held bel...Reuters
Thu, Jul 10
Stocks
WK Kellogg up on $3 billion buyout deal from Italy's Ferrero
** Shares of WK Kellogg KLG.N up 30% at $22.72 in premarket trading** Ferrero to take WK Kellogg private in a $3.1 billion deal ** Ferrero offers $23 per KLG share, representing a 31% premium on WK Kellogg's stock price as of Wednesday's close** Deal expected to close in the second half of 2...Reuters
Thu, Jul 10
Commodities
US CPC sees 56% chance of ENSO neutral conditions through August-October
July 10 (Reuters) - El Nino-Southern Oscillation (ENSO) neutral conditions are likely in the Northern Hemisphere summer of 2025, with a 56% chance in August-October, the United States' Climate Prediction Center said on Thursday.Chances of La Nina conditions increase into the fall and winter 2025...Reuters
Thu, Jul 10
Stocks
Dinosaurs Roar for Comcast; CoreWeave Goes Shopping
In this podcast, Motley Fool Chief Investment Officer Andy Cross and senior analyst Jason Moser discuss:Jurassic World Rebirth delivers for Comcast.CoreWeave finally gets it done for Core Scientific.Oracle makes a deal with the federal government.Two stocks to look at if the market pulls back: Samsa...The Motley Fool
Thu, Jul 10
Stocks
BREAKINGVIEWS-WPP’s new CEO embodies existential challenge
By Jennifer Johnson LONDON, July 10 (Reuters Breakingviews) - WPP WPP.L gave investors the bad news first. On Wednesday, the 4.7-billion-pound advertising group issued a profit warning that sent its shares plummeting by nearly 20% at their lowest point. On Thursday morning it followed up with a b...Reuters
Thu, Jul 10
Other
Insuramore: Global MGA, MGU and coverholder revenues rise to $29.25 billion in 2024
By Mia MacGregorJuly 10 - (The Insurer) - The MGA, MGU and coverholder group sector saw significant growth in 2024, with global revenue reaching $29.25 billion, according to an updated ranking and analysis by Insuramore.The report noted that 70% to 75% of sector revenue came from direct commercial p...Reuters
Thu, Jul 10
Stocks
Moderna gets full US approval for COVID shot in at-risk children 6 months and older
July 10 (Reuters) - The U.S. Food and Drug Administration has granted full approval for Moderna's MRNA.O COVID-19 vaccine, Spikevax, in children aged 6 months through 11 years who are at an increased risk of the disease, the company said on Thursday. The shot was previously available for pediatr...Reuters
Thu, Jul 10
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