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Stocks
Akero Therapeutics Inc reports results for the quarter ended December 31 - Earnings Summary
Akero Therapeutics Inc AKRO.OQ reported a quarterly adjusted loss of 99 cents per share for the quarter ended December 31, identical to the same quarter last year. The mean expectation of nine analysts for the quarter was for a loss of $1.15 per share. Wall Street expected results to range from $...Reuters
Fri, Feb 28
Stocks
BUZZ- Owens & Minor rises on plans to sell unit, Q4 profit beat
** Shares of medical supplies distributor Owens & Minor OMI.N rise 10.3% to $7.6 premarket** Co's Q4 profit beats estimates and OMI says it is in the process of selling its unit that distributes products to healthcare providers and manufacturers ** Leerink Partners says the unit is slower-gr...Reuters
Fri, Feb 28
Stocks
BUZZ-Rocket Companies jumps after Q4 profit beats estimate
** Shares of Rocket Companies RKT.N jump 6.7% to $13.69 premarket** Late-Thursday, mortgage lender's Q4 adjusted EPS beat analysts' estimate, while Q1 adjusted revenue forecast was largely below expectation** BofA Global Research says RKT results were better-than-feared, following peer UWM H...Reuters
Fri, Feb 28
Stocks
BUZZ-Duolingo falls after dour 2025 adjusted profit forecast
** Shares of language learning app Duolingo DUOL.O fall 8.7% to $343 premarket** Co forecasts 2025 annual core adjusted profit between $259.9 mln and $274 mln, below estimates of $272.1 mln — data compiled by LSEG** Says forecast is lower than expected because of costs related to AI video call featu...Reuters
Fri, Feb 28
Other
Romanian government survives no-confidence vote
BUCHAREST, Feb 28 (Reuters) - Romania's pro-European coalition government survived a no-confidence vote in parliament on Friday, avoiding further political turbulence in the NATO and European Union member state which will rerun a presidential election this year.Tensions have run high in Romania ...Reuters
Fri, Feb 28
Other
US Postal Service chief urges employees not to get distracted after Trump takeover rumors
Adds additional comment from USPS, reference to takeover reports in paragraphs 3-4By David Shepardson WASHINGTON, Feb 27 (Reuters) - U.S. Postal Service employees should not get distracted after reports last week President Donald Trump could unilaterally seize control of the agency, Postmaster Ge...Reuters
Fri, Feb 28
Other
Exclusive: Ascot to roll out trio of new products after management liability rebrand
By Michael LoneyFeb 28 - (The Insurer) - Ascot has rebranded its management liability business as AscotEXEC as it targets a “tremendous long-term opportunity” in the space and prepares to launch new products for crime, primary employment practices liability and primary fiduciary for financial instit...Reuters
Fri, Feb 28
Cryptocurrencies
Pound sterling GBP outperforms the euro and the dollar amid stronger economic data
The Great British Pound has outperformed other leading currencies in February amid positive economic data. The currency rallied by 1.8% against the U.S. dollar this month, making February its best-performing month since September of last year.Cryptopolitan
Fri, Feb 28
Cryptocurrencies
Bitcoin Supply In Profit Drops During Price Correction – 4.4 Million Bitcoin Now Held At A Loss
Bitcoin has plunged below the $80K level, setting fresh lows and sparking fear across the market. The recent downturn has erased over 18% of BTC’s value since last Sunday, leaving investor sentiment at extremely fearful levels. This sell-off has led to concerns about whether the bull market is comin...Bitcoinist
Fri, Feb 28
Stocks
1 Biotech Stock to Buy in 2025, and 1 to Avoid
Viking Therapeutics (NASDAQ: VKTX) and Novavax (NASDAQ: NVAX) were two of the big winners in the biotech industry last year. Both companies saw their shares rise significantly; the former had exciting clinical progress, while the latter signed a lucrative deal with a biotech giant that had Wall Stre...The Motley Fool
Fri, Feb 28
Other
RPT-BREAKINGVIEWS-US budget botches subtraction and multiplication
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.By Gabriel Rubin WASHINGTON, Feb 27 (Reuters Breakingviews) - Not every dollar in the U.S. budget equals a dollar. Some are worth far more, which only further distorts the math congressional Republicans are using ...Reuters
Fri, Feb 28
Cryptocurrencies
Mutuum Finance (MUTM) to Surge from Below $0.02 to Cross $10 in 10 Weeks as Tron (TRX) Targets $1 and Ripple (XRP) Guns for $2.90
Mutuum Finance (MUTM) is making blazing hot attention as the second presale round picks up pace, drawing in over $1.8 million and 3,400 investors buying tokens at $0.015. Experts are projecting a probable sprint over $10 within 10 weeks with optimally planned tokenomics and mounting demand. The projection is eclipsing modest expectations for Tron (TRX) […]Cryptopolitan
Fri, Feb 28
