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Germany's Scholz, Ukraine's Zelenskiy agree Trump is key in peace talks, says spokesperson
BERLIN, March 5 (Reuters) - Germany's outgoing chancellor, Olaf Scholz, affirmed during a call with Ukrainian President Volodymyr Zelenskiy on Wednesday that U.S. President Donald Trump had a key role in negotiations with Russia, according to a German government spokesperson."The chancellor ...Reuters
Wed, Mar 5
Other
Jazz Pharmaceuticals to buy Chimerix for $935 million
March 5 (Reuters) - Jazz Pharmaceuticals JAZZ.O will acquire biotech firm Chimerix CMRX.O for about $935 million in cash to gain access to its lead drug candidate to treat a rare brain tumor, the companies said on Wednesday.Under the terms of the deal, Jazz will pay $8.55 per share in cash, which re...Reuters
Wed, Mar 5
Stocks
Albertsons gains on S&P MidCap 400 addition
** Shares of supermarket chain Albertsons ACI.N up 4.3% before the bell to $20.60 as co set to join S&P MidCap 400 index .IDX next week** ACI to replace Aspen Technology AZPN.O in the IDX effective Tues, Mar 11, the S&P Dow Jones Indices said** Emerson Electric EMR.N buying rest of industria...Reuters
Wed, Mar 5
Stocks
Foot Locker stock rises on Q4 earnings beat, return to positive comp sales growth
Investing.com -- Foot Locker (NYSE:FL) shares climbed more than 1% in the Wednesday premarket trade after the footwear retailer reported better-than-anticipated earnings and comparable sales (compInvesting.com
Wed, Mar 5
Other
Advantage Solutions Inc expected to post earnings of 12 cents a share - Earnings Preview
Advantage Solutions Inc ADV.OQ ADV.O is expected to show a fall in quarterly revenue when it reports results on March 7 for the period ending December 31 2024The Clayton Missouri-based company is expected to report a 20.0% decrease in revenue to $863.41 million from $1.08 billion a year ago, accor...Reuters
Wed, Mar 5
Other
Cutera Inc And Subsidiary Files For Chapter 11 Bankruptcy
March 5 (Reuters) - Cutera Inc CUTR.O:CUTERA INC - AND SUBSIDIARY FILE FOR CHAPTER 11 BANKRUPTCYCUTERA: ON MAR 4, DEBTORS ENTERED INTO A RESTRUCTURING SUPPORT AGREEMENT WITH CERTAIN HOLDERS OF SENIOR NOTESCUTERA INC - RESTRUCTURING INCLUDES EQUITIZATION OF $429.1 MILLION SENIOR NOTES CLAIMSCUTERA IN...Reuters
Wed, Mar 5
Stocks
GLOBAL MARKETS-Dollar mauled by Trump trade war; German 'bazooka' blasts bonds
Euro up, bonds in epic selloff after German debt reformBeijing retains growth target of 5%, lines up more stimulusOil sinks as Trump trade war escalatesGlobal growth worries trigger losses for oil, Wall StreetBy Kevin Buckland and Amanda Cooper TOKYO/LONDON, March 5 (Reuters) - The dollar hit thr...Reuters
Wed, Mar 5
Forex
Mexico's peso edges higher in another day of volatile trading
By Libby George LONDON, March 5 (Reuters) - Mexico's peso edged higher on Wednesday, regaining more of the tariff-driven losses that had pushed the currency close to its lowest since mid-2022. The peso clawed back to 20.55 by 1205 GMT, roughly 0.4% stronger versus the dollar on the day and ed...Reuters
Wed, Mar 5
Stocks
Here's Why Advance Auto Parts Hit a Road Block in February
Shares of auto parts retailer Advance Auto Parts (NYSE: AAP) declined by 23.9% in February, according to data provided by S&P Global Market Intelligence. The decline came mainly after the company issued disappointing fourth-quarter 2024 earnings and 2025 guidance.Advance Auto Parts reverses againThi...The Motley Fool
Wed, Mar 5
Stocks
Foot Locker rises after quarterly earnings beat
** Footwear retailer Foot Locker's FL.N shares up 2% at $17.60 premarket ** Company posts Q4 net sales of $2.24 billion, beats analysts' estimates of $2.32 billion, according to data compiled by LSEG** Company's adjusted EPS of 86 cents beats expectations of 72 cents per share** But co f...Reuters
Wed, Mar 5
Other
Ye be gone: Adidas sells last pair of Yeezy sneakers
By Helen Reid and Linda Pasquini HERZOGENAURACH, Germany, March 5 (Reuters) - Adidas ADSGn.DE sold its last pair of Yeezy sneakers at the end of 2024, the sportswear brand said on Wednesday, ending the process of liquidating stock of the lucrative shoe partnership with rapper Ye after splitting f...Reuters
Wed, Mar 5
Forex
Poland could rate cuts in second half of 2025, c.banker and IMF say
WARSAW, March 5 (Reuters) - The Polish central bank's Monetary Policy Council may start thinking about easing monetary policy in the second half of 2025, central banker Ludwik Kotecki said on Wednesday, a view echoed by the International Monetary Fund.The National Bank of Poland has kept interes...Reuters
Wed, Mar 5
Other
US charges individual in 2021 attack on US troops in Afghanistan
WASHINGTON, March 5 (Reuters) - The United States has charged Mohammad Sharifullah with helping to plan an attack that killed 13 U.S. service members during the withdrawal from Afghanistan in 2021, the U.S. Department of Justice said, adding that a hearing is scheduled at a federal court in Virginia...Reuters
Wed, Mar 5
Stocks
Why On Stock Dropped 19% in February
On Holding (NYSE: ONON) stock dropped 19% in February according to data provided by S&P Global Market Intelligence. There wasn't any news specific to On in the month, but there have been market fears about tariffs, and stocks often fall in anticipation of an upcoming earnings report. Spoiler alert: ...The Motley Fool
Wed, Mar 5
Stocks
Should You Buy the Dip in Palantir Stock?
Over the last year, shares of enterprise software company Palantir Technologies (NASDAQ: PLTR) have climbed by as much as 408%. While this suggests overwhelmingly bullish sentiment toward the company, more recent trends show a different picture.From Feb. 14 through Mar. 3, Palantir stock fell 33%. L...The Motley Fool
Wed, Mar 5
Stocks
Advantage Energy Ltd reports results for the quarter ended December 31 - Earnings Summary
Advantage Energy Ltd AAV.TO reported quarterly adjusted earnings of 10 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 28 cents. The mean expectation of three analysts for the quarter was for earnings of 15 cents per share...Reuters
Wed, Mar 5
Commodities
BP says gas bubbles discovered at Senegal-Mauritania GTA project
DAKAR, March 5 (Reuters) - BP BP.L said on Wednesday it had detected low-rate subsea gas bubbles at a well in its Greater Tortue Ahmeyim (GTA) project, situated offshore between Mauritania and Senegal. The British multinational oil and gas firm anticipates the environmental impact from the leak to b...Reuters
Wed, Mar 5
