News
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Economic Indicator
IMF says US tariffs will hurt Mexican, Canadian economies
IMF sees increased volatility in financial marketsGlobal lender plans more comprehensive assessment in AprilUncertainty historically dampens demand and investment, IMF says By Andrea Shalal WASHINGTON, March 6 (Reuters) - If sustained, U.S. tariffs imposed on Mexico and Canada will have a signifi...Reuters
Thu, Mar 6
Stocks
Why Veeva Systems Stock Is Surging Today
Shares of Veeva Systems (NYSE: VEEV) are posting big gains in Thursday's trading despite broader sell-offs for the tech sector. The life-sciences software company's stock was up 10.2% as of 12:30 p.m. ET today.Veeva Systems reported its fourth-quarter results after the market closed yesterday and po...The Motley Fool
Thu, Mar 6
Stocks
GLOBAL MARKETS-Euro hits 4-month high, stocks fall; Trump tariff developments weighed
Bund yields edge higher again after biggest jump since 1990sEuro hits new 4-month high after ECB cuts ratesU.S. stocks lower in midday tradingBy Caroline Valetkevitch NEW YORK, March 6 (Reuters) - The euro touched a four-month high against the U.S. dollar on Thursday after the European Central Ba...Reuters
Thu, Mar 6
Economic Indicator
Mexico wins tariff reprieve after president's 'excellent' Trump call
By Brendan O'Boyle and Kylie MadryMEXICO CITY, March 6 (Reuters) - Mexican President Claudia Sheinbaum thanked her U.S. counterpart Donald Trump for an "excellent and respectful" call on Thursday, promising that her government would work on security and migration as Washington temporaril...Reuters
Thu, Mar 6
Commodities
Europe Gasoline/Naphtha-Gasoline margins fall as inventories swell
LONDON, March 6 (Reuters) - Northwest European gasoline refining profit margins fell sharply by over $2 a barrel to $5.43 on Thursday as a big rise in regional inventories weighed. A total of 4,000 metric tons of E5 gasoline barges traded, as Litasco and Varo sold barges to Varo and Mabanaft.A furt...Reuters
Thu, Mar 6
Stocks
3 Best Dividend Stocks to Buy Now for Long-Term Growth
The recent market pullback is thanks to a combination of geopolitical risks, tariffs, and overall uncertainty. With all the doom and gloom, this is actually a good thing for those looking to pick up quality names, at a discount. My favorite companies are those with predictable and solid financials, ...The Motley Fool
Thu, Mar 6
Other
Tariff deadline set off spike in cross-border trucking rates, data shows
By Abhinav Parmar and Lisa Baertlein March 6 (Reuters) - Rates for cross-border trucking to and from the U.S. jumped in the lead up to President Donald Trump's new tariffs on Canada and Mexico, as companies scrambled to accelerate shipments ahead of an expected increase in costs. It marked a ...Reuters
Thu, Mar 6
Other
International Battery Metals Ltd. Appointed Michael Rutledge As Interim CFO
March 6 (Reuters) - International Battery Metals Ltd IBAT.V:INTERNATIONAL BATTERY METALS LTD. ANNOUNCES SENIOR MANAGEMENT CHANGEINTERNATIONAL BATTERY METALS LTD: APPOINTED MICHAEL RUTLEDGE AS INTERIM CHIEF FINANCIAL OFFICERReuters
Thu, Mar 6
Stocks
PREVIEW: Guidewire Software dips ahead of earnings report
** Guidewire Software GWRE shares dipping ~3% to $191.52 on Thurs ahead of fiscal second quarter results after the bell, with investors eyeing rev growth from the seller of insurance co software** Analysts expect qtrly rev to rise ~19% to $285.5 mln, with adjusted EPS seen at $0.52 vs $0.46 yr-ago, ...Reuters
Thu, Mar 6
Other
Cyclo Therapeutics Inc Issues $2.5 Million Convertible Promissory Note To Rafael Holdings
March 6 (Reuters) - Cyclo Therapeutics Inc CYTH.O:CYCLO THERAPEUTICS INC - ISSUES $2.5 MILLION CONVERTIBLE PROMISSORY NOTE TO RAFAEL HOLDINGSCYCLO THERAPEUTICS INC - NOTE MATURING MARCH 31, 2025 WITH 5% INTEREST RATEReuters
Thu, Mar 6
Commodities
US Cash Grains-Corn, soy basis higher in slow cash trade
CHICAGO, March 6 (Reuters) - Spot basis bids for corn and soybeans tipped higher in the U.S. Midwest on Thursday as farmers declined to sell their crop as futures remained relatively weak. * The soy basis rose at an Illinois processor.* The corn basis rose at an Ohio elevator, Nebraska processor...Reuters
Thu, Mar 6
Other
Atlantic International Secures Contract Renewal With Premier North American Baking Company
March 6 (Reuters) - Atlantic International Corp ATLN.O:ATLANTIC INTERNATIONAL CORP. SECURES MAJOR CONTRACT RENEWAL WITH PREMIER NORTH AMERICAN BAKING COMPANYATLANTIC INTERNATIONAL CORP - LYNEER TO CAPTURE APPROXIMATELY $10 MILLION IN SPENDING FROM CONTRACT EXPANSIONReuters
Thu, Mar 6
Other
Blackstone-Sattva JV to raise up to $712 million in India's largest REIT IPO
March 6 (Reuters) - A joint venture between Blackstone Inc BX.N and India's Sattva Group filed a draft prospectus on Thursday for the country's largest real estate investment trust (REIT) initial public offering, aiming to raise up to 62 billion rupees ($712.55 million).The joint venture, Kn...Reuters
Thu, Mar 6
Forex
ECB cuts rates again but risk of April pause growing
Deposit rate cut to 2.5% as expectedSays rates meaningfully less restrictiveCuts economic growth outlook, raises 2025 inflation ECB Rate Decision Live By Balazs Koranyi and Francesco Canepa FRANKFURT, March 6 (Reuters) - The European Central Bank cut interest rates again on Thursday b...Reuters
Thu, Mar 6
Economic Indicator
US Treasury's Bessent says FSOC will drive regulatory change, outlines tariff policies
March 6 (Reuters) - U.S. Treasury Secretary Scott Bessent on Thursday said he plans to use the Financial Stability Oversight Council to drive change in financial regulations that are unduly burdensome to banks and characterized by a "broken supervisory culture," coordinating via Treasury rat...Reuters
Thu, Mar 6
Stocks
Why Marvell Technology Stock Is Plummeting Today
The stock of Marvell Technology (NASDAQ: MRVL) is getting hit with big sell-offs on Thursday following the company's recent earnings report. The semiconductor specialist's share price was down 17.4% as of noon ET today.Marvell published its fourth-quarter results after the market closed yesterday, a...The Motley Fool
Thu, Mar 6
Commodities
Residual inflows after price swings push CME gold stocks to record high
LONDON, March 6 (Reuters) - Gold stocks in COMEX-approved CME.O warehouses rose by 218,307 ounces to a record high of 39.7 million ounces, daily CME data showed, as residual inflows continued even after a major dislocation had wound down.Since late November, when U.S. President Donald Trump pledged ...Reuters
Thu, Mar 6
Other
California bar approves bar exam probe as angry test takers sound off
By Karen Sloan March 6 (Reuters) - The State Bar of California on Wednesday launched an independent investigation of its February bar exam, a newly created test that was marred by widespread technical and logistical problems.The state bar’s board of trustees approved the retention of an outside i...Reuters
Thu, Mar 6
