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Stocks
Lamb Weston beats quarterly estimates on cost cuts, shares jump
April 3 (Reuters) - Lamb Weston LW.N beat third-quarter revenue and profit estimates on Thursday, as the frozen potato products maker benefited from its cost cuts and regained sales it had lost last year during its transition to a new database.Its shares rose about 8% in early trading. The company s...Reuters
Thu, Apr 3
Stocks
Major US insurers slide as latest tariffs fuel uncertainty
** Shares of U.S. insurers slump as President Donald Trump's reciprocal tariffs on major trading partners amplify recession fears** "Our outlook for the global P&C reinsurance industry is revised to "stable" from "positive" due to increased global geopolitical uncertainty...Reuters
Thu, Apr 3
Other
Hub acquires Illinois-based agency Dansig
By Isha MaratheApril 3 - (The Insurer) - Hub International Limited has acquired Decatur, Illinois-based Dansig Insurance Risk Advisors, an independent insurance risk advisor offering employee benefits services, and commercial and personal insurance.The financial terms of the deal were not disclosed...Reuters
Thu, Apr 3
Stocks
2 Tech Stocks With More Potential Than Any Cryptocurrency
The cryptocurrency market temporarily got a boost following President Donald Trump's electoral win, as some investors hoped his lighter approach to crypto regulation and outright promotion of certain coins would lift many digital tokens higher.But the threat of tariffs, fears of a potential recessio...The Motley Fool
Thu, Apr 3
Economic Indicator
INSTANT VIEW-Global stocks, and yields, nosedive as Trump tariffs fan trade war fears
April 3 (Reuters) - World markets were left reeling on Thursday after U.S. President Donald Trump unveiled reciprocal tariffs to match duties put on U.S. goods by other countries. Stock markets tumbled and investors dashed to the relative safety of bonds, gold and the yen. The S&P 500 .SPX a...Reuters
Thu, Apr 3
Stocks
Dental and medical supply firms fall after Trump's reciprocal tariff announcement
** Shares of dental and medical supply firms fall after President Trump imposes reciprocal tariffs ** President Donald Trump imposed an additional 34% tariff on China and 20% tariff on EU; Japan with 24%, South Korea with 25% and Taiwan with 32%** Brokerage Leerink Partners says dental manufacturer...Reuters
Thu, Apr 3
Other
FACTBOX-Walmart, Best Buy, Nike's major supply hubs in Asia
By Juveria Tabassum April 3 (Reuters) - President Donald Trump's move to impose sweeping tariffs on U.S. imports could force major retailers to raise prices on products ranging from apparel and footwear to electronics as supply hubs Vietnam, Cambodia and Bangladesh reel from fresh levies.Here...Reuters
Thu, Apr 3
Cryptocurrencies
Why Have Big Investors Of Dogecoin (DOGE) Joined Mutuum Finance (MUTM) As DeFi Lending Emerges As A Hot Narrative
Mutuum Finance (MUTM) has secured $6,10,000 in presale funding and listed 7,800 token holders within 14 weeks of launching, as products in the decentralized finance (DeFi) lending space continue to gain traction. Currently priced at $0.025 per token, the presale is now in its fourth phase, and the next stage will bring a 20% price increase to […]Cryptopolitan
Thu, Apr 3
Stocks
Why Is Everyone Talking About Micron Technology Stock?
Micron Technology (NASDAQ: MU) outperformed expectations in the latest quarter, but the stock price has not reflected the improvement.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »*Stock prices used were the af...The Motley Fool
Thu, Apr 3
Economic Indicator
Fitch cuts China credit rating on debt risks amid trade tensions
Fitch cuts China's credit rating by one notch to 'A'Cites rapidly rising debt, worsening public financesChina ramps up stimulus to shield economy from US tariffsFinance ministry describes Fitch downgrade as 'biased'By Kevin Yao BEIJING, April 3 (Reuters) - Global ratings agenc...Reuters
Thu, Apr 3
Stocks
Evercore analysts say regulated utilities safer bet amid tariff turmoil
** Analysts at brokerage Evercore say U.S. utilities to be most affected by tariffs over the near-term are likely to be those with more reliance on international supply chains and international sales exposure** Which would mean those power producers with unregulated renewable exposure like AES AES.N...Reuters
Thu, Apr 3
Other
Belgian PM calls a U.S.-EU trade war wealth-destroying madness
BRUSSELS, April 3 (Reuters) - Belgian Prime Minister Bart De Wever called a U.S.-EU trade war following the announcement of U.S. import tariffs "wealth-destroying protectionist madness" during a parliament session on Thursday, and said "stupidity should not be met with stupidity".In ...Reuters
Thu, Apr 3
Economic Indicator
QUOTES-Executives, trade and labour associations on Trump's reciprocal tariffs
April 3 (Reuters) - U.S. President Donald Trump said on Wednesday he would impose a 10% baseline tariff on all imports to the United States and higher duties on some of the country's biggest trading partners, a move that could escalate a trade war and upend the global economy.Here are latest rea...Reuters
Thu, Apr 3
Stocks
Tesla's March sales dive in Germany, edge down in UK
April 3 (Reuters) - Tesla TSLA.O sales in Germany dropped in March compared with the same time last year and were marginally lower in the UK, despite a spike in overall EV sales in both markets, data showed on Thursday.Elon Musk's all-electric brand sold 2,229 cars in Germany and 7,220 in Britai...Reuters
Thu, Apr 3
Stocks
Lamb Weston rallies after qtrly beat
** Shares of frozen potato products firm Lamb Weston LW.N up 7.1% at $58 and among top S&P 500 .SPX performers early Thurs after qtrly results please Wall Street** LW on track for biggest one-day pct gain since Oct 18. Stock hit session high of $60.92, highest since Jan 31** Eagle, Idaho-based f...Reuters
Thu, Apr 3
Stocks
Jefferies expects challenges for U.S. offshore wind sector in 2025
** Analysts at Jefferies say the outlook for U.S. offshore wind sector is weaker in 2025 under President Donald Trump despite a significant increase in projected electric demand in the past year** The sector will be weighed down by factors such as legal risks, tariffs and supply chain concerns - Jef...Reuters
Thu, Apr 3
Other
Giving up NATO command would pose challenges, US general says
WASHINGTON, April 3 (Reuters) - Any move to give up the United States' role as the head of NATO forces in Europe would pose challenges, including the command and control of nuclear weapons on the continent, the head of U.S. forces in Europe said on Thursday.Officials have told Reuters that Presi...Reuters
Thu, Apr 3
Other
Hub hires Lockton's Keiser to lead national food and beverage practice
By Isha MaratheApril 3 - (The Insurer) - Hub International has hired Mary Keiser as senior vice president, national food and beverage practice leader. Keiser has over 15 years of experience in the industry, most of them at Lockton. Most recently she was senior vice president, food and beverage prac...Reuters
Thu, Apr 3
Economic Indicator
ECB's Kazimir: US tariffs already factored into worse scenarios
European Central Bank (ECB) board member Peter Kazimir said on Thursday that the United States' tariffs, to a large extent, are already factored into their forecasts among the worse scenarios that they must brace for, per Reuters.Fxstreet
Thu, Apr 3
