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Stocks
Amphastar: Earnings Miss, Margins Drop
Amphastar Pharmaceuticals (NASDAQ:AMPH), a company involved in the development and commercialization of generic and proprietary pharmaceutical products, announced its financial results for the fourth quarter of 2024 on Feb. 27, 2025. The results revealed a slight miss in both earnings and revenue co...The Motley Fool
Fri, Feb 28
Stocks
Praxis shares slump as committee says drug trial unlikely to meet main goal
Updates shares, adds background in paragraph 2 and 3Feb 28 (Reuters) - Praxis Precision Medicines PRAX.O said an independent committee had recommended stopping a late-stage trial of an experimental drug for a movement disorder as it was unlikely to meet the main goal, sending its shares tumbling nea...Reuters
Fri, Feb 28
Other
Sycamore closing in on Walgreens buyout, CNBC reports
Feb 28 (Reuters) - Private equity firm Sycamore Partners is closing in to buy out Walgreens Boots Alliance WBA.O, CNBC reported on Friday, citing sources.The company had been in talks to be taken private by Sycamore since December, according to media reports.Walgreens did not immediately respond to ...Reuters
Fri, Feb 28
Cryptocurrencies
Solana and Base clash again after playing nice for a little while
The perpetual superiority debate between the Base and Solana communities, which often ignores how one is an L2 and the other is an L1, just got a new iteration. Both chains are great and have their different strengths, but this has not stopped their communities from clashing on various topics and at different points over […]Cryptopolitan
Fri, Feb 28
Stocks
Starbucks Shifts Away From Discounts, Toward Premium
On January 28, 2025, Starbucks (NASDAQ: SBUX) held its first-quarter fiscal year 2025 earnings conference call. The call marked an important checkpoint in new CEO Brian Niccol's "Back to Starbucks" turnaround strategy, focusing on restoring the company's core identity as a premium coffeehouse experi...The Motley Fool
Fri, Feb 28
Other
BREAKINGVIEWS-MrBeast buzz risks being new media’s old story
The author is a Reuters Breakingviews columnist. The opinions expressed are her own.By Jennifer SabaNEW YORK, Feb 28 (Reuters Breakingviews) - YouTube sensation MrBeast, best known for beloved-by-kids viral videos in which he gives away bundles of cash, now wants some for himself. His business is s...Reuters
Fri, Feb 28
Other
Mexican security officials to talk on Friday about transfer of suspected drug lord to US
MEXICO CITY, Feb 28 (Reuters) - Mexico's security minister and attorney general will hold a press cartel members, including Rafael Caro Quintero, to the U.S., Mexican President Claudia Sheinbaum said during her daily press conference.Reuters
Fri, Feb 28
Stocks
BUZZ-Nvidia-backed Recursion Pharmaceuticals falls on bigger-than-expected Q4 loss
** Shares of Nvidia-backed AI drug developer Recursion Pharmaceuticals RXRX.O fall 13% to $6.67 premarket** The company posts Q4 revenue of $4.5 million, missing analysts' estimate of $19 million, according to data compiled by LSEG ** Reports Q4 net loss of 53 cents per share versus a loss estim...Reuters
Fri, Feb 28
Other
SageSure and SURE close $520 million cat bond in largest Gateway Re issuance
By Michael LoneyFeb 28 - (The Insurer) - Catastrophe MGU SageSure and its affiliate SureChoice Underwriters Reciprocal Exchange have closed the $520 million Gateway Re Series 2025-1 catastrophe bond, the ninth and largest issuance in the series to date.SageSure said that the cat bond upsized by near...Reuters
Fri, Feb 28
Other
BRIEF-EMA's CHMP Adopts Stelara Extension For Children With Crohn’S Disease Weighing At Least 40kg
Feb 28 (Reuters) - EMA's CHMP:ADOPTED EXTENSION TO EXISTING INDICATION TO EXTEND USE OF STELARA TO CHILDREN WITH CROHN’S DISEASE WEIGHING AT LEAST 40 KGSource text: [ID:]Further company coverage: JNJ.NReuters
Fri, Feb 28
Other
Deals of the day-Mergers and acquisitions
Adds: Alat, MPLX Updates: Feb 28 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Friday: ** Saudi Arabia's new advanced industries firm Alat has bought a 15% stake in Germany's TK Elevator and unveiled a 160 million euros ($166.62 m...Reuters
Fri, Feb 28
Stocks
Honest Company Hits Record Revenue in 2024
div>div>:is(p,ul,ol)]:pr-4 md:[&>div>div>:is(p,ul,ol)]:pr-8 [&_pre>div]:bg-bg-300 [&_.ignore-pre-bg>div]:bg-transparent">_*]:min-w-0">The Honest Company (NASDAQ: HNST) held its fourth-quarter conference call on February 26, 2025, revealing insights into the company's ongoing transformation. Here are...The Motley Fool
Fri, Feb 28
Cryptocurrencies
Bitcoin Dumps: Buy the Dip for Maximum BTC Bull Potential?
What’s happening to Bitcoin? Only a week ago, the leading crypto was trading above $98K. Now, it’s hovering right around $80K, down 18% in seven days. Unlike other major crashes it’s hard to pinpoint an exact cause of the panic. The last time the Fear & Greed index was this low, it was the Terra...Bitcoinist
Fri, Feb 28
Other
REFILE-EU to propose push to boost EV demand, require more local batteries
Refiles to remove garble in paragraph 2European Commission to publish automotive action plan next weekPackage aims to help EU compete with Chinese and US car makersIncludes local content requirements for car battery productionBy Philip BlenkinsopBRUSSELS, Feb 28 (Reuters) - The European Commission w...Reuters
Fri, Feb 28
Economic Indicator
RPT-EXCLUSIVE-Fed's Hammack eyes steady balance sheet cuts amid US government financial uncertainty
Repeats for wider distribution, no changes to textFed's Hammack says balance sheet drawdown likely to continue despite government finance uncertaintyHammack says Fed can manage liquidity issues with temporary operations if neededHammack says a rate hike isn't in her base caseBy Michael S. De...Reuters
Fri, Feb 28
Stocks
CANADA STOCKS-TSX opens lower as US tariffs loom large
Feb 28 (Reuters) - Canada's main stock index opened lower on Friday, hurt by metal mining shares, as worries over looming tariffs overshadowed domestic and U.S. economic data.At 9:31 a.m. ET (1431 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was down 0.4% at 25,032....Reuters
Fri, Feb 28
