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Stocks
Warren Buffett's Retirement: What Comes Next for Berkshire Hathaway?
He finally did it. After 60 years at the helm and 75 as a professional investor, Warren Buffett has announced his plan to step down as CEO of Berkshire Hathaway (NYSE: BRK.B) by the end of 2025. Vice Chairman Greg Abel, current leader of the operating subsidiaries division, will step in as the leade...The Motley Fool
Thu, May 8
Other
Eli Lilly Announces Transitions In Executive Leadership
May 8 (Reuters) - Eli Lilly and Co LLY.N:LILLY ANNOUNCES TRANSITIONS IN EXECUTIVE LEADERSHIPELI LILLY AND CO - ILYA YUFFA APPOINTED EVP AND PRESIDENT, LILLY USAELI LILLY AND CO - PATRIK JONSSON APPOINTED EVP AND PRESIDENT, LILLY INTERNATIONALReuters
Thu, May 8
Other
US Foods Holding Corp - Reaffirms Full Year Net Sales, Adjusted EBITDA And Adjusted EPS Guidance
May 8 (Reuters) - US Foods Holding Corp USFD.N:US FOODS HOLDING CORP - REAFFIRMS FULL YEAR NET SALES, ADJUSTED EBITDA AND ADJUSTED EPS GUIDANCEUS FOODS HOLDING CORP - ANNOUNCES NEW $1 BILLION SHARE REPURCHASE PROGRAMUS FOODS HOLDING :EXPECT TO RETURN MORE SHARE REPURCHASES IN Q2 AND BALANCE OF THE...Reuters
Thu, May 8
Other
Kellanova - Amit Banati Resigns As Kellanova CFO Effective May 9, 2025 - SEC Filing
May 8 (Reuters) - Kellanova K.N:KELLANOVA - AMIT BANATI RESIGNS AS KELLANOVA CFO EFFECTIVE MAY 9, 2025 - SEC FILINGKELLANOVA - JOHN RENWICK APPOINTED ACTING CFO OF KELLANOVA EFFECTIVE MAY 9, 2025 - SEC FILINGSource text: [ID:n0001193125-25-115440]Reuters
Thu, May 8
Commodities
Japan's JFE to boost overseas investments, but suspend blast furnace
Plans to suspend a blast furnace at Fukuyama in FY2027/28Local output capacity to fall to 21 mln T from 26 mln T in 3 yearsInvestment include acquisition of raw material interestsBy Katya Golubkova and Yuka ObayashiTOKYO, May 8 (Reuters) - JFE Holdings 5411.T, parent of Japan's second-biggest st...Reuters
Thu, May 8
Forex
RPT-COLUMN-Europe braces for Transatlantic capital reverse: Mike Dolan
By Mike DolanLONDON, May 8 (Reuters) - Europe may be better prepared to absorb a seismic shift in global investment flows than many assume, as a number of regulatory twists are set to bolster euro market depth.U.S. President Donald Trump's unilateral redrawing of world trade rules is raising the...Reuters
Thu, May 8
Other
Sports brand Puma adapts supply chain for China tariffs impact, hints at US price hikes
Puma reduces U.S. imports of goods sourced in ChinaReports almost-flat first-quarter salesPuma maintains 2025 outlook, excluding tariffs impactBy Helen Reid LONDON, May 8 (Reuters) - German sportswear brand Puma PUMG.DE has reduced the amount of merchandise it ships to the United States from Chin...Reuters
Thu, May 8
Stocks
CANADA STOCKS-TSX futures rise on trade deal optimism
May 8 (Reuters) - Futures tied to Canada's main stock index rose on Thursday, tracking a global market rally, spurred by U.S. President Donald Trump's promise of the first trade deal in his global tariff war.June futures on the S&P/TSX index .SXFcv1 were up 0.5% at 6:07 a.m. ET (1007 GMT...Reuters
Thu, May 8
Economic Indicator
Swedish central bank holds key rate, sees chance of cut ahead
Riksbank keep policy rate unchanged at 2.25%Says "wise to wait" as regards policy amid global uncertaintyMore probable inflation will be lower than March forecastRiksbank says could suggest slight easing of policy aheadBy Simon Johnson STOCKHOLM, May 8 (Reuters) - Sweden's central ban...Reuters
Thu, May 8
Stocks
Coach owner Tapestry raises annual sales forecast
May 8 (Reuters) - Coach parent Tapestry TPR.N on Thursday raised its fiscal 2025 revenue forecast for the third time, benefiting from limited exposure to Trump's sweeping tariffs and higher full-price sale of its popular Tabby handbags.The company expects annual revenue of about $6.95 billion, c...Reuters
Thu, May 8
Stocks
2 Top AI Stocks to Buy Right Now
Artificial intelligence (AI) has crossed the threshold from speculative technology to fundamental economic driver. AI capabilities are finally delivering on long-anticipated potential, with projections suggesting AI-enhanced productivity could contribute $15 trillion to $20 trillion to global GDP wi...The Motley Fool
Thu, May 8
Stocks
3 Magnificent Dividend Stocks Down 19% to 48% I'm Buying Right Now for My Daughter's Portfolio
While I don't expect my daughter to become a stock-picking fanatic like me, I've enjoyed building a portfolio with her that is full of simple(ish) businesses that any elementary-aged kid might appreciate. Typically, we try to prioritize buying a new stock each year and have developed a portfolio tha...The Motley Fool
Thu, May 8
Other
King Charles leads Britain's VE day celebrations
King Charles and Prince William to lay wreaths at Westminster AbbeyFrench and German leaders hold separate VE Day commemorationsConcert at Horse Guards Parade to feature veterans' stories and music LONDON, May 8 (Reuters) - Britain's King Charles and heir to the throne Prince William will...Reuters
Thu, May 8
Stocks
Molson Coors cuts annual forecasts on tariff pressures
May 8 (Reuters) - Molson Coors TAP.N lowered its forecast for annual sales and profit on Thursday, in anticipation of Trump's tariffs weighing on beer demand, sending the company's shares down about 9% in premarket trading. The company expects a low single-digit decline in annual net sales, ...Reuters
Thu, May 8
Economic Indicator
Trump slams Fed chairman after rate hold decision
WASHINGTON, May 8 (Reuters) - U.S. President Donald Trump criticized Federal Reserve Chair Jerome Powell on Thursday as "a fool," a day after the Fed held interest rates steady, citing risks of higher inflation and unemployment."'Too Late' Jerome Powell is a FOOL, who doesn’t hav...Reuters
Thu, May 8
Stocks
INDIA STOCKS-Indian shares fall as tensions with Pakistan escalate
By Vivek Kumar M and Bharath Rajeswaran May 8 (Reuters) - Indian shares fell on Thursday in their most volatile session in a month after the country said it "neutralised" attempts by Pakistan to "engage" several military targets in its northern and western regions.The Nifty 50 .NS...Reuters
Thu, May 8
Other
Bosch says US tariffs' impact is unpredictable, sees flat 2025 organic sales
FRANKFURT, May 8 (Reuters) - German automotive supplier Robert Bosch ROBG.UL said on Thursday it would not be able to estimate the impact of tariffs on its business until late in the year, and predicted 2025 sales to grow by a currency-adjusted 1% to 3%.Volatility in global trade makes the forecast ...Reuters
Thu, May 8
Stocks
Honest Company Inc reports results for the quarter ended March 31 - Earnings Summary
Honest Company Inc HNST.OQ reported quarterly adjusted earnings of 3 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -1 cents. The mean expectation of seven analysts for the quarter was for breakeven results per share. Wall ...Reuters
Thu, May 8
Stocks
Top of the Street: Skanska, Ahold Delhaize, Next, Weir, Forsikring
A round-up of notable broker activity this morning from Europe's top-ranked* analysts:** Jefferies downgrades Sweden-based construction company Skanska SKAb.ST to "hold" from "buy" due to increased macro uncertainty, seeing a delayed recovery in the U.S. commercial and Nordic res...Reuters
Thu, May 8
