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Meyer Burger bondholders approve changes for fresh capital injection
Adds background from paragraph 2 onwards Feb 26 (Reuters) - Embattled Swiss solar panel maker Meyer Burger MBTN.S said on Wednesday its bondholders have approved changes to convertible bonds maturing in 2027 and 2029 to inject fresh capital into the business and restructure existing liabilities u...
Reuters
Wed, Feb 26
Stocks
Why Micron Stock Is Jumping Today
Micron Technology (NASDAQ: MU) stock is rising Wednesday. The company's share price was up 4.5% as of 1:45 p.m. ET amid flat trading for the S&P 500 index and a gain of 0.3% for the Nasdaq Composite index.After recent sell-offs, Micron is regaining some ground in today's trading. In addition to more...
The Motley Fool
Wed, Feb 26
Cryptocurrencies
Cryptocurrency firm founder extradited from Portugal to face US fraud charges
By Nate Raymond BOSTON, Feb 26 (Reuters) - The founder of a cryptocurrency financial services firm has been extradited from Portugal to face U.S. charges that he participated in a wide-ranging scheme to manipulate the market for digital tokens on behalf of client companies.Aleksei Andriunin, the ...
Reuters
Wed, Feb 26
Cryptocurrencies
As Bitcoin and Altcoins Struggle, Lightchain AI’s Growth Remains Unshaken—Here’s Why
As Bitcoin and many altcoins face struggles in the current market, Lightchain AI’s growth remains unshaken. The project has already raised over $16.4 million at a presale price of $0.006, signaling strong investor confidence even amid market volatility. Lightchain AI’s innovative approach of combining AI and blockchain technology sets it apart from traditional cryptocurrencies. With […]
Cryptopolitan
Wed, Feb 26
Commodities
PRECIOUS-Gold prices slip, investors eye upcoming US PCE data
U.S. PCE data due on FridayBullish trend persists for gold, analyst sayGold hit record high of $2,956.15 on MondayUpdates for market closeBy Anmol ChoubeyFeb 26 (Reuters) - Gold prices eased on Wednesday after a recent record rally, while investors looked towards inflation data due later this week a...
Reuters
Wed, Feb 26
Stocks
BUZZ-U.S. STOCKS ON THE MOVE-AerCap Holdings, Salesforce, Emcor Group
Eikon search string for individual stock moves: The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes were set to open higher on Wednesday, after logging several days of declines, as investors awaited Nvidia's...
Reuters
Wed, Feb 26
Stocks
Why SoundHound AI Stock Is Skyrocketing Today
SoundHound AI (NASDAQ: SOUN) stock is surging Wednesday thanks to multiple bullish catalysts. The artificial intelligence (AI) company's share price was up 11.2% as of 1:45 p.m. ET. Meanwhile, the S&P 500 (SNPINDEX: ^GSPC) was flat on the day, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was up 0.3...
The Motley Fool
Wed, Feb 26
Other
India court orders Amazon to pay $39 million in damages in Beverly Hills Polo Club case
By Aditya Kalra NEW DELHI, Feb 26 (Reuters) - An Indian court has ordered an Amazon AMZN.O unit to pay $39 million in damages for infringing the "Beverly Hills Polo Club" trademark after garments with identical branding were sold on Amazon's India website, a court order showed on Wedn...
Reuters
Wed, Feb 26
Stocks
Verisk forecasts 2025 profit below estimates on high interest cost
Recasts lede, adds details in paragraphs 9 and 10 Feb 26 (Reuters) - Verisk Analytics VRSK.O on Wednesday forecast its 2025 adjusted profit below Wall Street estimates amid higher interest expenses, sending the data analytics firm's shares down 3.1%. WHY IT'S IMPORTANTProperty an...
Reuters
Wed, Feb 26
Commodities
Citi predicts 25% copper-specific tariff by fourth quarter
Feb 26 (Reuters) - Citi anticipates an eventual implementation of a 25% copper-specific tariff by the fourth quarter of 2025, following U.S. President Donald Trump's executive order initiating an investigation into U.S. copper imports, the bank said in a note on Wednesday. Citi further expects...
Reuters
Wed, Feb 26
Other
Meyer Burger bondholders approve amends for fresh capital injection
Feb 26 (Reuters) - Embattled Swiss solar panel maker Meyer Burger MBTN.S said on Wednesday that its bondholders have approved changes to convertible bonds maturing in 2027 and 2029 to inject fresh capital into the business and restructure existing liabilities under certain convertible bonds.
Reuters
Wed, Feb 26
Stocks
Why Olo Stock Went Up Today
Shares of restaurant technology company Olo (NYSE: OLO) went up on Wednesday after the company reported financial results for the fourth quarter of 2024. As of 12:40 p.m. ET, Olo stock was up about 6%, but it had been up nearly 12% earlier in the day.Olo finishes a record year and sets the tone for ...
The Motley Fool
Wed, Feb 26
Other
Pirelli considers US investment to curb tariffs impact
Recasts with details of the mitigation plan MILAN, Feb 26 (Reuters) - Tyremaker Pirelli PIRC.MI will seek to limit the impact of possible tariffs, including by expanding U.S. output, it said on Wednesday, while forecasting an adjusted earnings before interest and tax (EBIT) margin of around 16% f...
Reuters
Wed, Feb 26
Cryptocurrencies
A new crypto clash looms for Elizabeth Warren
Washington’s battle over cryptocurrency regulation could set up a potential clash between pro-crypto Democratic lawmakers and Senator Elizabeth Warren, a longtime fault-finder of the digital assets industry. The divide comes just months into Warren’s tenure as the liberal leader on the Senate Banking Committee, placing her at odds with some members of her party. Republican […]
Cryptopolitan
Wed, Feb 26
Stocks
Why Intuitive Machines Stock Popped on Wednesday
Intuitive Machines (NASDAQ: LUNR) stock soared 9.9% through 12:52 p.m. ET on Wednesday -- and it isn't even 7:17 p.m. yet.Why such ultra-specific numbers? Because according to Kennedy Space Center, 7:17 p.m. is the time set for SpaceX to launch its next rocket. And on that rocket will be a Nova-C lu...
The Motley Fool
Wed, Feb 26
Stocks
Lowe's Companies (LOW) Q4 2024 Earnings Call Transcript
Image source: The Motley Fool.Lowe's Companies (NYSE: LOW)Q4 2024 Earnings CallFeb 26, 2025, 9:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning, everyone. Welcome to Lowe's Companies' fourth quarter 2021 earnings conference call. ...
The Motley Fool
Wed, Feb 26
Forex
BUZZ-Shallow dips for euro as UST yields drift lower
Subdued price action keeps euro tied to 1.05 handleNarrow ranges (1.0475-1.0529) hold in current narrative vacuum Traders show restraint in chasing euro upside, 100DMA holds (1.0528)Though softer UST yields keep pullbacks shallow for now Nvidia earnings eyed as U.S. exceptionalism comes under...
Reuters
Wed, Feb 26
Other
US SEC tells unionized employees to return to office in mid-April, memo shows
NEW YORK, Feb 26 (Reuters) - The U.S. Securities and Exchange Commission has told employees who are union members they will have to return to the office in mid-April, unless they have certain exemptions, according to a memo seen by Reuters.The move follows similar efforts at the agency with its non-...
Reuters
Wed, Feb 26
Stocks
BUZZ-PREVIEW: Nvidia shares bounce back ahead of report; Q4 EPS, rev growth seen slowing
** Nvidia Corp NVDA.O shares up ~3.3% after three straight days of losses and ahead of hotly anticipated fiscal Q4 financial report due after market close** Wall Street sees the artificial intelligence chip leader reporting adj EPS of $0.84, which would be up ~62% from $0.52 in year-ago quarter on r...
Reuters
Wed, Feb 26
Other
US Supreme Court overturns $43 mln award in 'Dewberry' trademark case
By Blake Brittain Feb 26 (Reuters) - The U.S. Supreme Court on Wednesday overturned a Virginia judge's award of $43 million to a real-estate developer, ruling that plaintiffs in trademark cases cannot recover profits from a defendants' affiliates without suing the affiliates themselves. I...
Reuters
Wed, Feb 26
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