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Uber terminates Foodpanda Taiwan acquisition, to pay about $250 million termination fee
March 11 (Reuters) - Uber UBER.N has decided to terminate its agreement to acquire Delivery Hero's DHER.DE Foodpanda business in Taiwan and will pay a termination fee of around $250 million, the food delivery company said on Tuesday. Uber said in an emailed statement that it would not appeal the...Reuters
Tue, Mar 11
Other
Vuzix Corp expected to post a loss of 12 cents a share - Earnings Preview
Vuzix Corp VUZI.OQ VUZI.O is expected to show a rise in quarterly revenue when it reports results on March 13 for the period ending December 31 2024The West Henrietta New York-based company is expected to report a 42.9% increase in revenue to $1.525 million from $1.07 million a year ago, according...Reuters
Tue, Mar 11
Commodities
CERAWEEK-US LNG developer NextDecade CEO sees natural gas demand growth staying at 2%
HOUSTON, March 11 (Reuters) - NextDecade Corporation NEXT.O CEO Matt Schatzman said on Tuesday he expects natural gas demand to continue to grow at around 2% for the next 15 years."When you look at natural gas demand over the last 15 years, I think it's grown by almost 2% fairly steadily. I ...Reuters
Tue, Mar 11
Other
Shimmick Corp expected to post a loss of 35 cents a share - Earnings Preview
Shimmick Corp SHIM.OQ SHIM.O is expected to show a fall in quarterly revenue when it reports results on March 13 for the period ending December 31 2024The Irvine California-based company is expected to report a 13.9% decrease in revenue to $118.9 million from $138.06 million a year ago, according ...Reuters
Tue, Mar 11
Other
Gevo Inc expected to post a loss of 6 cents a share - Earnings Preview
Gevo Inc GEVO.OQ GEVO.O is expected to show a fall in quarterly revenue when it reports results on March 13 (estimated) for the period ending December 31 2024The Englewood Colorado-based company is expected to report a 9.4% decrease in revenue to $3.963 million from $4.37 million a year ago, accor...Reuters
Tue, Mar 11
Other
FiscalNote Holdings Inc expected to post a loss of 10 cents a share - Earnings Preview
FiscalNote Holdings Inc NOTE.N, NOTE.K is expected to show a fall in quarterly revenue when it reports results on March 13 for the period ending December 31 2024The Washington Washington Dc-based company is expected to report a 15.3% decrease in revenue to $29.009 million from $34.27 million a yea...Reuters
Tue, Mar 11
Commodities
Container ship captain arrested after UK tanker crash
Stena Immaculate tanker spills jet fuel after collisionCaptain arrested over gross negligence manslaughterNeither vessel now expected to sink, says ministerMissing crew member from Solong vessel likely deadBy Phil Noble WITHERNSEA, England, March 11 (Reuters) - British police arrested the captain...Reuters
Tue, Mar 11
Other
Merck prevails in Gardasil safety litigation
March 11 (Reuters) - A federal judge has ruled in favor of Merck MRK.N in litigation accusing the drugmaker of concealing the risks of Gardasin, a vaccine to prevent cervical and other fatal cancers.The decision was made public on Tuesday by U.S. District Judge Kenneth Bell in Charlotte, North Carol...Reuters
Tue, Mar 11
Other
Wheaton Precious Metals Corp expected to post earnings of 43 cents a share - Earnings Preview
Wheaton Precious Metals Corp WPM.TO is expected to show a rise in quarterly revenue when it reports results on March 13 for the period ending December 31 2024The Vancouver British Columbia-based company is expected to report a 25.8% increase in revenue to $394.498 million from $313.47 million a y...Reuters
Tue, Mar 11
Other
Shattuck Labs Inc expected to post a loss of 32 cents a share - Earnings Preview
Shattuck Labs Inc STTK.OQ STTK.O is expected to show a rise in quarterly revenue when it reports results on March 13 (estimated) for the period ending December 31 2024The Austin Texas-based company is expected to report a 40.0% increase in revenue to $999.25 thousand from $714 thousand a year ago,...Reuters
Tue, Mar 11
Cryptocurrencies
Trump is no longer controlled by the stock markets
Americans are accustomed to Trump as a businessman. When the White House said something that made people feel bad, the president would back down after seeing the stock market drop. Not anymore. These views shifted when the president said that markets did not affect him as much as people assumed. This is President Trump’s new […]Cryptopolitan
Tue, Mar 11
Stocks
Stitch Fix jumps after raising annual revenue forecast
** Shares of online styling service Stitch Fix SFIX.O rise 20% to $5.08 in extended trading** SFIX raises FY25 net revenue forecast, expects Q2 net revenue above estimates** SFIX now sees annual net revenue in the range of $1.23 billion to $1.24 billion, up from its earlier forecast of $1.14 billion...Reuters
Tue, Mar 11
Other
Logan Ridge Finance Corp expected to post earnings of 37 cents a share - Earnings Preview
Logan Ridge Finance Corp LRFC.OQ LRFC.O is expected to show a rise in quarterly revenue when it reports results on March 13 for the period ending December 31 2024The New York City-based company is expected to report a 13.3% increase in revenue to $5 million from $4.42 million a year ago, according...Reuters
Tue, Mar 11
Commodities
CERAWEEK-Regulator approves Cheniere Texas LNG plant expansion, says executive
By Curtis Williams HOUSTON, March 11 (Reuters) - U.S. regulators have approved the expansion of Cheniere Energy's LNG.N Corpus Christi liquefied natural gas plant in Texas, a Cheniere executive said on Tuesday.The Federal Energy Regulatory Commission approved construction of the company&#...Reuters
Tue, Mar 11
Other
EverCommerce Inc expected to post earnings of 14 cents a share - Earnings Preview
EverCommerce Inc EVCM.OQ EVCM.O is expected to show a rise in quarterly revenue when it reports results on March 13 for the period ending December 31 2024The Denver Colorado-based company is expected to report a 0.6% increase in revenue to $170.436 million from $169.44 million a year ago, accordin...Reuters
Tue, Mar 11
Forex
CANADA FX DEBT-Canadian dollar recovers from one-week low amid trade war chaos
Canadian dollar gains 0.2% against the greenbackTouches its weakest since March 4 at 1.4521Investors expect BoC rate cut on Wednesday10-year yield rises 2.1 basis pointsBy Fergal Smith TORONTO, March 11 (Reuters) - The Canadian dollar recovered from an earlier one-week low against its U.S. counte...Reuters
Tue, Mar 11
Other
Evoke Pharma Inc expected to post a loss of 63 cents a share - Earnings Preview
Evoke Pharma Inc EVOK.OQ EVOK.O is expected to show a rise in quarterly revenue when it reports results on March 13 for the period ending December 31 2024The Solana Beach California-based company is expected to report a 84.0% increase in revenue to $3.084 million from $1.68 million a year ago, acc...Reuters
Tue, Mar 11
Other
PSQ Holdings Inc expected to post a loss of 28 cents a share - Earnings Preview
PSQ Holdings Inc PSQH.N, PSQH.K is expected to show a rise in quarterly revenue when it reports results on March 13 for the period ending December 31 2024The West Palm Beach Florida-based company is expected to report a 172.0% increase in revenue to $7.472 million from $2.75 million a year ago, ac...Reuters
Tue, Mar 11
Other
Lument Finance Trust Inc expected to post earnings of 9 cents a share - Earnings Preview
Lument Finance Trust Inc LFT.N, LFT is expected to show a fall in quarterly revenue when it reports results on March 13 (estimated) for the period ending December 31 2024The New York City-based company is expected to report a 13.2% decrease in revenue to $27.783 million from $31.99 million a year ...Reuters
Tue, Mar 11
