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Stocks
Toro: Q1 EPS Surpasses, Revenue Misses
Outdoor maintenance solutions provider Toro (NYSE:TTC) reported mixed fiscal 2025 first-quarter financial results on Thursday, March 6. Adjusted EPS of $0.65 surpassed analysts' consensus expectations of $0.63. However, Q1 revenue was $995 million, falling short of the anticipated $1 billion. Challe...The Motley Fool
Thu, Mar 6
Stocks
Why Alphabet Stock Fell 17% in February
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is well established as a tech leader and is one of the most valuable companies in the world. However, the stock is still vulnerable to the same kinds of macro-level risks as the rest of the stock market, and in February, a combination of weaker-than-expected r...The Motley Fool
Thu, Mar 6
Stocks
FX options wrap - NFP threat dominates already high risk premiums
Volatility has become the only constant in FX, creating ideal conditions for options to thrive. It's no surprise, then, that implied volatility has surged to extremes across many pairs - especially in overnight expiries factoring in Friday's key U.S. jobs data. With the USD already under bro...Reuters
Thu, Mar 6
Commodities
Citgo Petroleum's profit plummeted to $305 mln in 2024
HOUSTON, March 6 (Reuters) - Venezuela-owned U.S. refiner Citgo Petroleum reported on Thursday a $305 million net income last year, below the $2 billion of 2023, following a $146 million loss in the fourth quarter, the company said in a release.A "deteriorating pricing environment" combined ...Reuters
Thu, Mar 6
Other
US House to vote on possible censure of Democrat Green who protested Trump's speech
Censure vote on ThursdayExpected to pass with Republicans controlling chamberGreen ejected from Trump's speech on TuesdayBy Bo Erickson WASHINGTON, March 6 (Reuters) - The Republican-controlled U.S. House of Representatives will vote on Thursday to potentially censure Democrat Al Green, who w...Reuters
Thu, Mar 6
Other
Microinsurance Network highlights $41 billion market opportunity
By Rebecca DelaneyFeb 28 - (The Insurer) - The microinsurance market remains a largely untapped opportunity, with a new study suggesting just 12% of the global target population is currently covered by a form of microinsurance, which has a total estimated market value of around $41 billion.The lates...Reuters
Thu, Mar 6
Other
REFILE-Yum's Taco Bell shows off AI tool for fast-food managers
Yum Brands cites $1 billion investment in digital and technologyYum Brands says 500 U.S. Taco Bell locations have AI-enabled drive-throughsAI restaurant 'coach' can advise managers on operational efficienciesBy Waylon Cunningham March 6 (Reuters) - Tacos with a heavy serving of AI, please...Reuters
Thu, Mar 6
Cryptocurrencies
FTX creditor says second phase of distribution will begin on May 30
Failed crypto exchange FTX will start the next phase of its claims distribution by May 30, 2025. Popular creditor Sunil Kavuri disclosed this in a tweet, noting that the Kraken exchange is now sending emails to customers to confirm this. According to Kavuri, this distribution will include more than and less than $50,000, unlike the […]Cryptopolitan
Thu, Mar 6
Other
Deals of the day-Mergers and acquisitions
March 6 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Thursday: ** French advertiser Publicis said it has reached an agreement to acquire data and ID technology group Lotame, which it plans to wrap into its targeted marketing uni...Reuters
Thu, Mar 6
Stocks
QXO's Jacobs calls Beacon's claims 'a head-scratcher' as they continue pursuit
On Wednesday, QXO Inc. (NYSE:QXO) CEO and Chairman Brad Jacobs addressed what he described as misleading and inaccurate claims made by takeover target Beacon (NASDAQ:BECN) in a recent press release. TInvesting.com
Thu, Mar 6
Cryptocurrencies
As Trump Buys More Crypto, Could these Crypto Presales Mimic $WLFI?
US President Donald Trump’s World Liberty Financial has embarked on yet another crypto buying spree. Yesterday it acquired $10M in $ETH, $10M in $WBTC, and $1.5M in $MOVE. As a project still in presale, $WLFI is making big waves. Could some of the best crypto presales follow suit? Trump Buys Move th...NewsBTC
Thu, Mar 6
Commodities
Germany’s lithium reserves could sustain domestic needs for decades, study finds
BERLIN, March 6 (Reuters) - Germany could have enough lithium reserves to cover its domestic needs for several decades, a study showed on Thursday, as Berlin seeks to boost its electric vehicle production and cut dependency on critical raw material imports.The German Raw Materials Agency estimates t...Reuters
Thu, Mar 6
Stocks
CANADA STOCKS-Heightened trade tensions weigh on TSX at open
March 6 (Reuters) - Canada's main stock index fell sharply on Thursday as trade tension persisted even after U.S. President Donald Trump exempted automakers from his 25% tariffs on Canada and Mexico for one month.At 9:31 a.m. ET (1431 GMT), the Toronto Stock Exchange's S&P/TSX composite ...Reuters
Thu, Mar 6
Commodities
Parametric microinsurance products becoming more accurate: study
By Henry GaleMarch 4 - (The Insurer) - A wide range of indices are now available for parametric agriculture microinsurance products, which are becoming more accurate over time, according to the Landscape of Microinsurance 2024 report.The report, published by the Microinsurance Network (MiN) on Thurs...Reuters
Thu, Mar 6
Stocks
Myers Industries Inc reports results for the quarter ended December 31 - Earnings Summary
Myers Industries Inc MYE.N reported quarterly adjusted earnings of 19 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 29 cents. The lone analyst forecast for the quarter was for earnings of 10 cents per share. Revenue rose...Reuters
Thu, Mar 6
Stocks
GMS Inc reports results for the quarter ended January 31 - Earnings Summary
GMS Inc GMS.N reported quarterly adjusted earnings of 92 cents per share for the quarter ended January 31, lower than the same quarter last year, when the company reported EPS of $1.60. The mean expectation of nine analysts for the quarter was for earnings of $1.40 per share. Wall Street expected...Reuters
Thu, Mar 6
Stocks
Blacksky Technology Inc reports results for the quarter ended December 31 - Earnings Summary
Blacksky Technology Inc BKSY.N reported a quarterly adjusted loss of 99 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -24 cents. The mean expectation of nine analysts for the quarter was for a loss of 31 cents per share....Reuters
Thu, Mar 6
Stocks
Superior Industries International Inc reports results for the quarter ended December 31 - Earnings Summary
Superior Industries International Inc SUP.N reported a quarterly adjusted loss of 75 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -21 cents. The lone analyst forecast for the quarter was for a loss of 91 cents per share...Reuters
Thu, Mar 6
Stocks
US STOCKS SNAPSHOT-Wall St opens lower as tariff uncertainty prevails, chipmakers slide
March 6 (Reuters) - Wall Street's main indexes opened lower on Thursday as uncertainty about a trade war unleashed by U.S. tariffs clouded sentiment, while chip stocks slid after Marvell's forecast fanned worries of slowing demand for AI infrastructure.The Dow Jones Industrial Average .DJI f...Reuters
Thu, Mar 6
Stocks
BJ's Wholesale Club Holdings Inc reports results for the quarter ended January 31 - Earnings Summary
BJ's Wholesale Club Holdings Inc BJ.N reported quarterly adjusted earnings of 93 cents per share for the quarter ended January 31, lower than the same quarter last year, when the company reported EPS of $1.11. The mean expectation of twenty two analysts for the quarter was for earnings of 88 ...Reuters
Thu, Mar 6
