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Stocks
Is the asset-light model cracking in global hotels? Bernstein weighs in
Investing.com -- Q4 was a volatile quarter for the hotel industry.Shares of Marriott International Inc (NASDAQ:MAR) and Hyatt Hotels (NYSE:H) saw a downturn following their guidance updates for the foInvesting.com
Thu, Feb 27
Commodities
CBOT Trends-Wheat down 5-10 cents, corn down 1-3, soybeans up 3-6
CHICAGO, Feb 27 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CST (1430 GMT) on Thursday.WHEAT - Down 5 to 10 cents per bushel* Wheat futures Wv1 down for a fourth straight session after the U.S. Department ...Reuters
Thu, Feb 27
Other
Goldman Sachs tweaks its diversity policy
Feb 27 (Reuters) - Goldman Sachs GS.N has tweaked its diversity initiatives in light of certain developments in the law in the U.S., the Wall Street bank said on Thursday."We have made certain adjustments to reflect developments in the law in the U.S. We strongly believe that merit and diversity...Reuters
Thu, Feb 27
Other
US Supreme Court allows Trump's freeze of foreign aid funding temporarily
Plaintiffs say Trump actions violate US law, ConstitutionAdministration had asked US Supreme Court to interveneUpdates to change headlineBy Brendan Pierson and John Kruzel WASHINGTON, Feb 26 (Reuters) - U.S. Supreme Court Chief Justice John Roberts on Wednesday paused a federal judge's or...Reuters
Thu, Feb 27
Commodities
Chevron license termination to lead to new oil offtaking pact in Venezuela, sources say
HOUSTON, Feb 27 (Reuters) - The announced cancellation of a key license for U.S. producer Chevron CVX.N to operate in Venezuela is expected to lead to the negotiation of a fresh agreement with state company PDVSA to export crude to destinations other than the U.S., sources close to the talks said.As...Reuters
Thu, Feb 27
Other
BMS Re adds Howden Re duo to London team
By Edward CarronFeb 27 - (The Insurer) - BMS Re has added Jonathan Hughes and Martin Bartell to its London non-marine team, with both joining from Howden Re.Hughes has been appointed managing director of non-marine reinsurance and Bartell as director of non-marine reinsurance.Hughes and Bartell joi...Reuters
Thu, Feb 27
Other
BRIEF-Nordex CEO Says On Call That Temporary Slowdown In U.S. Opens Other Opportunities In Canada, Other Markets
Feb 27 (Reuters) - NORDEX SE NDXG.DE:NORDEX CEO ON CALL - WE ARE CONFIDENT THAT WE WILL ACHIEVE ANOTHER FREE CASH FLOW POSITIVE YEAR IN 2025NORDEX CEO ON CALL - TEMPORARY SLOWDOWN IN THE U.S. OPENS OTHER OPPORTUNITIES FOR US IN CANADA, IN OTHER MARKETSFurther company coverage: NDXG.DEReuters
Thu, Feb 27
Other
Fintech firm Stripe valued at $91.5 billion in latest tender offer
Adds details from the annual letter in paragraph 3, background in paragraph 6-7 Feb 27 (Reuters) - Stripe on Thursday announced a tender offer for employees and shareholders that valued the company at $91.5 billion, nearly 41% higher than its valuation a year ago, potentially delaying the fintech...Reuters
Thu, Feb 27
Stocks
Here Are 6 Top Vanguard International Stock ETFs -- Which Is Best For You?
There are good reasons to add some international stocks to your portfolio, but it can be tricky to know where to start. Fortunately, Vanguard offers some excellent international stock exchange-traded funds (ETFs). Here are my six favorites -- including one I own in my portfolio.*Stock prices used we...The Motley Fool
Thu, Feb 27
Economic Indicator
US economic growth slows in fourth quarter
WASHINGTON, Feb 27 (Reuters) - U.S. economic growth slowed in the fourth quarter, the government confirmed on Thursday, and the loss of momentum appears to have persisted early this quarter amid cold temperatures and concerns that tariffs will hurt spending through higher prices.Gross domestic produ...Reuters
Thu, Feb 27
Other
Trump, UK's Starmer to discuss trade in Washington talks, US official says
WASHINGTON, Feb 27 (Reuters) - U.S. President Donald Trump and British Prime Minister Keir Starmer will discuss trade during their talks in Washington on Thursday, a senior Trump administration official told reporters, including on sectors such as AI and energy."We would want any economic relati...Reuters
Thu, Feb 27
Stocks
BUZZ-Quantum computing co IonQ slides after announcing planned equity raise, new CEO
** Shares of IonQ IONQ.N down 5.8% at $28.19 premarket as quantum computing firm looks to raise equity, and announced C-suite change** College Park, Maryland-based firm late Weds announced $500 mln at-the-market (ATM) equity sales program to be handled by Morgan Stanley and Needham** Per latest 10-K...Reuters
Thu, Feb 27
Economic Indicator
Austrian centrist parties reach deal to govern without far right
Agreement was among few alternatives to snap electionPolls suggest far right would have increased share of voteThree parties pledge to shrink deficit, slow immigrationMinisters not yet named, smallest party must hold voteAdds parties' comments, paragraphs 3, 16-18, coalition details, paragraphs ...Reuters
Thu, Feb 27
Stocks
BUZZ-Novavax rises after narrower quarterly loss
** Shares of Maryland-based vaccine maker Novavax NVAX.O up 1.6% at $7.44 premarket** Company posts Q4 adj loss of 51 cents per share vs adj loss of $1.44 per share a year ago, as it ramps down spending on COVID vaccines, its only product on market** Co signed a licensing deal worth at least $1.2 bi...Reuters
Thu, Feb 27
Stocks
LIVE MARKETS-Nasdaq composite internal measure nears important juncture
U.S. equity index futures mixed: S&P 500 up ~0.3%Initial jobless claims 242k vs 221k estimateQ4 GDP 2nd estimate 2.3% vs 2.3% estimateEuro STOXX 600 index ~flatDollar up; bitcoin, crude both gain >1.5%; gold down ~1%U.S. 10-Year Treasury yield rises to ~4.29%Welcome to the home for real-time ...Reuters
Thu, Feb 27
Other
BRIEF-FirstEnergy Says Data Center Demand in Pipeline Would Need $350 Million Incremental Capex - Conf Call
Feb 27 (Reuters) - FirstEnergy Corp FE.N:SAYS DATA CENTER DEMAND IN PIPELINE WOULD NEED $350 MILLION INCREMENTAL CAPEX AS IT BECOMES CONTRACTED - CONF CALLSource text: Company Q4 2024 conference callFurther company coverage: FE.NReuters
Thu, Feb 27
Other
BRIEF-Eckert & Ziegler Enters Partnership With Bicycle Therapeutics
Feb 27 (Reuters) - ECKERT & ZIEGLER SE EUZG.DE:ENTERS STRATEGIC PARTNERSHIP WITH BICYCLE THERAPEUTICS FOR RADIOISOTOPE SUPPLY AND CONTRACT DEVELOPMENT AND MANUFACTURING OF BICYCLE RADIO CONJUGATESTO SUPPLY RADIOISOTOPES AND MANUFACTURE BICYCLE THERAPEUTICS' MOLECULESSource text: ID:nEQ1D1tTJ...Reuters
Thu, Feb 27
Other
EXCLUSIVE-TD Bank appoints compliance monitor after $3 billion US penalty for money laundering
TD fined $3 billion for U.S. compliance lapsesMonitor appointed on DoJ, FinCen orders CFO says AML remediation is top priorityBy Nivedita Balu TORONTO, Feb 27 (Reuters) - Canadian lender TD Bank TD.TO appointed Guidepost Solutions as the compliance monitor for its anti-money laundering program af...Reuters
Thu, Feb 27
Other
Turkey open to providing peacekeeping force in Ukraine, Bloomberg News reports
Feb 27 (Reuters) - Turkey is open to providing troops for a peacekeeping force in Ukraine, Bloomberg News reported on Thursday, citing unnamed sources.Turkish President Tayyip Erdogan discussed the matter with Ukraine's President Volodymyr Zelenskiy and Russian Foreign Minister Sergei Lavrov dur...Reuters
Thu, Feb 27
