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Suncorp confirms settlement in class action over add-on insurance
By Ryan HewlettFeb 28 - (The Insurer) - Suncorp has agreed to settle a class action filed in the Supreme Court of Victoria related to the sale of add-on insurance products at car dealerships, the Australian insurer confirmed on Friday.The class action, brought by law firm Maurice Blackburn in March ...Reuters
Fri, Feb 28
Stocks
Middleby Reports Strong Q4, Plans Strategic Split
The Middleby Corporation (NASDAQ: MIDD) announced several major strategic moves in its fourth-quarter earnings call on February 25, 2025, including plans to separate its Food Processing business into a stand-alone public company. Here are the key insights for long-term investors.Strategic Separation...The Motley Fool
Fri, Feb 28
Economic Indicator
Italy says defence spending hikes should also aim to boost growth
ROME, Feb 28 (Reuters) - Any increase in national defence spending should also be aimed at boosting economic growth, Italian Economy Minister Giancarlo Giorgetti said on Friday, as European states grapple with U.S. pressure to shoulder the costs of their own security.Highly indebted Italy is project...Reuters
Fri, Feb 28
Other
BRIEF-IDS Says Over Q3 Royal Mail Delivered 92.3% Of Second Class Mail Within Three Working Days
Feb 28 (Reuters) - International Distribution Services PLC IDSI.L:IDS: OVER Q3 ROYAL MAIL DELIVERED 92.3% OF SECOND CLASS MAIL WITHIN THREE WORKING DAYS AND 98.5% WITHIN FIVE DAYSIDS: OVER Q3, ROYAL MAIL DELIVERED 76.2% FIRST CLASS MAIL WITHIN ONE WORKING DAY & 92.0% ARRIVED WITHIN TWO DAYSFurth...Reuters
Fri, Feb 28
Other
Berlin urges Israel to protect civilians in northern West Bank
BERLIN, Feb 28 (Reuters) - The German government has urged Israel to better protect civilians and civilian infrastructure in the northern West Bank and to pave the way for displaced people to return to their homes."We call on the Israeli government to protect civilians and civilian infrastructur...Reuters
Fri, Feb 28
Economic Indicator
INSTANT VIEW-January PCE inflation no surprise, cools year on year
Adds quotesFeb 28 (Reuters) - The U.S. Commerce Department's Personal Consumption Expenditures (PCE) price index increased 0.3% in January after advancing by an unrevised 0.3% in December, data showed on Friday. Economists had expected the PCE price index to climb 0.3%. In the year through Ja...Reuters
Fri, Feb 28
Stocks
Clover Health Investments Corp reports results for the quarter ended December 31 - Earnings Summary
Clover Health Investments Corp CLOV.OQ reported a quarterly adjusted loss of 4 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -14 cents. The mean expectation of four analysts for the quarter was for a loss of 6 cents per...Reuters
Fri, Feb 28
Other
Appeals court won't disturb injunction against Trump birthright order
Feb 28 (Reuters) - U.S. President Donald Trump's effort to curtail automatic birthright citizenship nationwide as part of his hardline immigration crackdown suffered another legal setback on Friday when a second federal appeals court declined to lift one of the court orders blocking the Republic...Reuters
Fri, Feb 28
Other
Jasper Therapeutics Inc expected to post a loss of $1.26 a share - Earnings Preview
Jasper Therapeutics Inc JSPR.OQ JSPR.O is expected to show no change in quarterly revenue when it reports results on May 12 (estimated) for the period ending March 31 2025LSEG's mean analyst estimate for Jasper Therapeutics Inc is for a loss of $1.26 per share. The current average analyst rati...Reuters
Fri, Feb 28
Other
Neuronetics Inc expected to post a loss of 25 cents a share - Earnings Preview
Neuronetics Inc STIM.OQ STIM.O is expected to show a fall in quarterly revenue when it reports results on March 4 for the period ending December 31 2024The Malvern Pennsylvania-based company is expected to report a 3.3% decrease in revenue to $19.634 million from $20.31 million a year ago, accordi...Reuters
Fri, Feb 28
Other
Esperion Therapeutics Inc expected to post a loss of 15 cents a share - Earnings Preview
Esperion Therapeutics Inc ESPR.OQ ESPR.O is expected to show a rise in quarterly revenue when it reports results on March 4 for the period ending December 31 2024The Ann Arbor Michigan-based company is expected to report a 91.0% increase in revenue to $61.585 million from $32.25 million a year ago...Reuters
Fri, Feb 28
Commodities
GLOBAL LNG-Asian LNG spot prices at 10-week low amid comfortable storage
By Marwa RashadLONDON, Feb 28 (Reuters) - Asian spot liquefied natural gas (LNG) prices fell further this week to its lowest level in 10 weeks, tracking Europe's bearish gas price momentum and amid weak demand due to comfortable levels of storage. The average LNG price for April delivery into no...Reuters
Fri, Feb 28
Stocks
GLOBAL MARKETS-US stock futures edge up, dollar holds after key inflation data
Updates after U.S. PCE dataTrump reiterates Canada, Mexico tariff deadlines next weekTrump says 10% China levy is on top of existing dutiesUS stock futures rise; dollar buoyantStocks retreat in Europe, Asia; Bitcoin slides below $80,000By Greta Rosen Fondahn Feb 28 (Reuters) - U.S. stock futures ...Reuters
Fri, Feb 28
Other
Seres Therapeutics Inc expected to post a loss of 20 cents a share - Earnings Preview
Seres Therapeutics Inc MCRB.OQ MCRB.O is expected to show a fall in quarterly revenue when it reports results on March 3 (estimated) for the period ending December 31 2024LSEG's mean analyst estimate for Seres Therapeutics Inc is for a loss of 20 cents per share. The current average analyst ra...Reuters
Fri, Feb 28
Economic Indicator
Markets price in 50% chance of four ECB cuts in 2025 on weak economy
Updates in afternoon trading in EuropeBy Stefano Rebaudo and Harry Robertson Feb 28 (Reuters) - German short-dated yields fell to a 10-week low on Friday as traders increased their bets on rate cuts on the back of weak data, but later recovered ground as investors digested slightly stronger Germa...Reuters
Fri, Feb 28
Stocks
US STOCKS-S&P 500, Dow set for slightly higher open after in-line inflation data
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.Dell falls after forecasting drop in FY26 gross marginHP falls on downbeat quarterly profit forecastJanuary PCE price index rises 2.5%Futures up: Dow 0.46%, S&P 500 0.25%, Nasdaq 0.05%Updat...Reuters
Fri, Feb 28
Other
Hagerty Inc expected to post earnings of 1 cent a share - Earnings Preview
Hagerty Inc HGTY.N, HGTY.K is expected to show a rise in quarterly revenue when it reports results on March 4 for the period ending December 31 2024The Traverse City Michigan-based company is expected to report a 13.6% increase in revenue to $278.39 million from $245.04 million a year ago, accordi...Reuters
Fri, Feb 28
Other
Everi Holdings Inc expected to post earnings of 4 cents a share - Earnings Preview
Everi Holdings Inc EVRI.N, EVRI.K is expected to show a rise in quarterly revenue when it reports results on March 3 (estimated) for the period ending December 31 2024The Las Vegas Nevada-based company is expected to report a 2.1% increase in revenue to $196.051 million from $192.03 million a year...Reuters
Fri, Feb 28
Stocks
BUZZ-DoubleVerify tumbles after Q4, guidance miss
** Shares of digital media analytics firm DoubleVerify DV.N down 17.7% before the bell to $17.88, nearly 4-mth low, after qtrly results, forecasts were shy of Wall Street's expectations** New York-based firm late Thurs posted Q4 rev growth of 11% y/y to $190.6 mln and adj EBITDA of $73.8 mln, bo...Reuters
Fri, Feb 28
Other
908 Devices Inc. expected to post a loss of 35 cents a share - Earnings Preview
908 Devices Inc. MASS.OQ MASS.O is expected to show a rise in quarterly revenue when it reports results on March 3 (estimated) for the period ending December 31 2024The Boston Massachusetts-based company is expected to report a 14.2% increase in revenue to $16.386 million from $14.35 million a yea...Reuters
Fri, Feb 28
