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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
Other
BRIEF-Ferretti sees M&A opportunities in 2025, CEO says
Feb 28 (Reuters) - Ferretti CEO Alberto Galassi tells analysts:SEES IMPORTANT OPPORTUNITIES TO GROW THROUGH M&A IN 2025NOT WORRIED ABOUT POSSIBILE TARIFFS IN U.S., SEEING A POSITIVE MOMENTUM FOR YACHTS IN U.S.Further company coverage: YACHT.MIReuters
Fri, Feb 28
Stocks
US STOCKS SNAPSHOT-Wall St opens subdued after in-line inflation data
Feb 28 (Reuters) - Wall Street's main indexes had a subdued start on Friday after data showed inflation rose as expected in January, while concerns that U.S. President Donald Trump's policies could further fuel price pressures kept investors cautious.The Dow Jones Industrial Average .DJI ros...Reuters
Fri, Feb 28
Other
Colombia's Grupo SURA sees net profit of up to 1.9 trillion pesos in 2025
BOGOTA, Feb 28 (Reuters) - Grupo SURA SIS.CN, one of Colombia's largest investment companies, expects a net profit between 1.7 and 1.9 trillion pesos ($412.27 to $460.77 million) in 2025, financial vice president Juan Esteban Toro, said Friday.($1 = 4,123.5200 Colombian pesos)Reuters
Fri, Feb 28
Stocks
Chart Industries Inc reports results for the quarter ended December 31 - Earnings Summary
Chart Industries Inc GTLS.N reported quarterly adjusted earnings of $2.66 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $2.25. The mean expectation of eighteen analysts for the quarter was for earnings of $3.09 per share. Wal...Reuters
Fri, Feb 28
Stocks
Butterfly Network Inc reports results for the quarter ended December 31 - Earnings Summary
Butterfly Network Inc BFLY.N reported a quarterly adjusted loss of 8 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -21 cents. The mean expectation of three analysts for the quarter was for a loss of 10 cents per share. ...Reuters
Fri, Feb 28
Stocks
ANI Pharmaceuticals Inc reports results for the quarter ended December 31 - Earnings Summary
ANI Pharmaceuticals Inc ANIP.OQ reported quarterly adjusted earnings of $1.63 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $1.00. The mean expectation of six analysts for the quarter was for earnings of $1.44 per share. Wall...Reuters
Fri, Feb 28
Stocks
Fubotv Inc reports results for the quarter ended December 31 - Earnings Summary
Fubotv Inc FUBO.N reported a quarterly adjusted loss of 10 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -24 cents. The mean expectation of eight analysts for the quarter was for a loss of 18 cents per share. Wall Stree...Reuters
Fri, Feb 28
Stocks
Alpha Metallurgical Resources Inc reports results for the quarter ended December 31 - Earnings Summary
Alpha Metallurgical Resources Inc AMR.N reported a quarterly adjusted loss of 16 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $13.06. The mean expectation of two analysts for the quarter was for a loss of 16 cents per s...Reuters
Fri, Feb 28
