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Stocks
R C M Technologies Inc reports results for the quarter ended December 31 - Earnings Summary
R C M Technologies Inc RCMT.OQ reported quarterly adjusted earnings of 37 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 65 cents. The lone analyst forecast for the quarter was for earnings of 76 cents per share. Revenue ...
Reuters
Wed, Mar 12
Commodities
CERAWEEK-US oil executives to meet with Trump next week
By Jarrett Renshaw and Ron BoussoHOUSTON, March 12 (Reuters) - U.S. oil producers will meet with President Donald Trump next week, leading industry group the American Petroleum Institute said on Wednesday.Among the topics for discussion are tariffs, trade and exports of liquefied natural gas, an ind...
Reuters
Wed, Mar 12
Other
Drugmakers Mallinckrodt, Endo in talks to merge, source says
March 12 (Reuters) - Mallinckrodt MCKPF.PK and Endo NDOI.PK are exploring a potential merger that could be valued at about $7 billion, person familiar with the matter told Reuters on Wednesday.A deal could likely be announced as soon as Thursday, the person said. The two companies did not immediatel...
Reuters
Wed, Mar 12
Other
Tennis-Bencic stuns Gauff to reach Indian Wells quarter-finals
March 12 (Reuters) - Former Olympic champion Belinda Bencic stunned third seed Coco Gauff 3-6 6-3 6-4 on Wednesday to reach the Indian Wells quarter-finals.The Swiss wildcard, who gave birth to her daughter Bella in April last year, won 69% of her first-serve points and broke the former U.S. Open ch...
Reuters
Wed, Mar 12
Stocks
electroCore, Inc. reports results for the quarter ended December 31 - Earnings Summary
electroCore, Inc. ECOR.OQ reported a quarterly adjusted loss of 40 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -61 cents. The mean expectation of three analysts for the quarter was for a loss of 31 cents per share. Wa...
Reuters
Wed, Mar 12
Other
Delaware aims to remain top US corporate legal home; Texas marshals a challenge
Delaware proposes safe harbors for controlling shareholder transactionsTexas bill would limit shareholder lawsuitsOpen corporate law competition between states unprecedented in recent yearsBy Tom Hals WILMINGTON, Delaware, March 12 (Reuters) - A year after Elon Musk urged U.S. companies to abando...
Reuters
Wed, Mar 12
Other
Inside Debt - March 12
To access a PDF version of this newsletter, please click here You can read Inside Debt via TOPNEWS Fixed Income page.If you would like to receive this newsletter through your email, please register at: https://solutions.lseg.com/Inside-Debt-Subscription-page For an index of our newsletters click ...
Reuters
Wed, Mar 12
Commodities
US Cash Crude-Crude grades sticks to range as Trump threatens further tariffs
March 12 (Reuters) - U.S. cash crude grades held within a range on Wednesday, dealers said, a pattern that the market largely has stuck to since it whipsawed on the back of U.S. tariffs that went into effect against Mexico and Canada last week. While inland grades WTI Midland WTC-WTM and West Texas ...
Reuters
Wed, Mar 12
Other
Florida weighs breaking with American Bar Association over DEI rule
By Karen Sloan March 12 (Reuters) - Citing an American Bar Association diversity mandate for law schools, Florida is considering dropping a requirement that students graduate from an ABA-accredited school in order to sit for the state’s bar exam.The Supreme Court of Florida, comprised entirel...
Reuters
Wed, Mar 12
Stocks
Canadian banks' profitability could be impacted by tariff uncertainty, S&P says
** S&P Global Ratings says the ultimate impact of tariffs on Canadian banks' results and capital levels will depend on the duration of the tariffs as well as any potential offsets through government intervention** U.S.-Canada trade war has heated up in recent weeks, with the back-and-forth b...
Reuters
Wed, Mar 12
Commodities
Gold price defies strong US Dollar amid soft US CPI report
Gold price rises late in the North American session, unfazed by high US Treasury bond yields and a stronger US Dollar on Wednesday.
Gold
Fxstreet
Wed, Mar 12
Stocks
CANADA STOCKS-Energy shares help lift TSX as Bank of Canada cuts rates
TSX ends up 0.7% at 24,423.34Technology sector adds 1.3%Energy gains 1.7% as oil settles 2.2% higherBoC cuts key rate by 25 basis pointsBy Fergal Smith March 12 (Reuters) - Canada's main stock index rebounded on Wednesday, including gains for energy and technology shares, as U.S. inflation co...
Reuters
Wed, Mar 12
Other
THE DAY AHEAD-North America, March 13
To access a PDF version of this newsletter, please click here You can read The Day Ahead via TOPNEWS - U.S Companies or Canada page. If you would like to receive this newsletter through your email, please register at: https://solutions.lseg.com/TDA-subscription-page For Morning News Call U.S. -- a...
Reuters
Wed, Mar 12
Stocks
Prediction: Nvidia Will Soar Over the Next 5 Years. Here's 1 Reason Why.
Nvidia (NASDAQ: NVDA) doesn't develop large language models. It doesn't create computer game franchises. It doesn't manufacture humanoid robots or autonomous vehicles, either. What Nvidia does is create the computing hardware technologies needed for all of these efforts.Companies around the world ar...
The Motley Fool
Wed, Mar 12
Commodities
CERAWEEK-Drill more, mine more on public lands, US interior secretary urges
By Timothy Gardner HOUSTON, March 12 (Reuters) - U.S. Interior Secretary Doug Burgum told a packed room of energy executives on Wednesday that he wants their industries to ramp up drilling and mining on America's public lands, telling the crowd: "We love you!".Burgum's comment...
Reuters
Wed, Mar 12
Other
FTC withdraws bid to delay Amazon trial over DOGE cuts
March 12 (Reuters) - The U.S. Federal Trade Commission on Wednesday reversed one of its lawyer's statements in court that it needed to delay the trial in its consumer protection case against Amazon.com AMZN.O, after earlier citing "severe resource shortfalls" caused by cost cutting measu...
Reuters
Wed, Mar 12
Commodities
Canada seeking formal consultations with US regarding steel, aluminum tariffs
WASHINGTON, March 12 (Reuters) - Canada is seeking formal consultations with the United States regarding tariffs on steel and aluminum, Canadian trade minister Mary Ng said in a statement on Wednesday, in which she also expressed Ottawa's disappointment with Washington.
Reuters
Wed, Mar 12
Stocks
Nasdaq Correction: Can Buying These 2 Safe Stocks Today Set You Up for Life?
The Nasdaq has entered a correction. A stock market correction means a decline of between 10% and 20% from all-time highs (a 20% decline officially triggers a bear market). As of this writing, after hours on March 11, the Nasdaq-100 index (NASDAQ: QQQ) is down 12.6% from its highs, triggering an off...
The Motley Fool
Wed, Mar 12
Other
Global trade to grow despite US tariff policies, says DHL Group CEO
Growth in outlook based on non-US trade growthIndia, Vietnam, Indonesia and the Philippines are forecast to lead in trade growth from 2024 to 2029Tariffs could reset global trade alliances, put key US exports at riskBy Lisa BaertleinMarch 12 (Reuters) - Global trade is forecast to grow, albeit less ...
Reuters
Wed, Mar 12
Forex
AUD/USD gains after US CPI data
The AUD/USD pair added to Tuesday’s uptick and trespassed the 0.6300 hurdle despite a decent rebound in the Greenback.
AUD/USD
Fxstreet
Wed, Mar 12
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