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BRIEF-New Stellantis CEO needs to understand finance and tech, chairman says
Feb 26 (Reuters) - Stellantis top executives tell analysts in a post-earnings call:CFO: WE DO NOT SEE LARGE WORKFORCE REDUCTIONS MOVING FORWARDNEW CEO NEEDS TO UNDERSTAND CAPITAL, TECHNOLOGY AND HOW TO WORK WITH DIFFERENT STAKEHOLDERSFurther company coverage: STLAM.MIReuters
Wed, Feb 26
Stocks
BUZZ-Citigroup resumes coverage on Sherwin-Williams with a 'Buy' rating
** Citigroup resumes coverage on paint maker Sherwin-Williams SHW.N with a "buy" rating and price target of $423** New price target represents a 19.8% upside to the stock's last close** SHW had announced on February 17 that it would acquire BASF’s Brazilian architectural paints business ...Reuters
Wed, Feb 26
Other
Medicare spending on diabetes drugs surged over 5 years, US report shows
Feb 26 (Reuters) - Medicare spending on some diabetes drugs, including popular treatments such as Ozempic, surged nearly five-fold to $35.8 billion between 2019 and 2023, a U.S. government watchdog's report showed this week.Medicare, the government-backed program for adults aged 65 and older and...Reuters
Wed, Feb 26
Stocks
BUZZ-U.S. STOCKS ON THE MOVE-Instacart, Spotify, First Solar
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
BUZZ-BridgeBio up after $500 mln convertible debt deal priced
** Shares of BridgeBio Pharma BBIO.O up 0.8% at $34.63 premarket after securing capital raise to refinance debt** Palo Alto, California-based co announced pricing private offering of $500 mln 1.75% 6-yr convertible bonds** Initial conversion price of $49.81 represents 45% premium to stock's last...Reuters
Wed, Feb 26
Cryptocurrencies
Brazil central bank says digital currency pilot faces hurdles, timeline uncertain
Recasts with further information, contextBy Marcela Ayres BRASILIA, Feb 26 (Reuters) - Brazil's central bank said on Wednesday that the pilot project for its digital currency, called Drex, has faced technological challenges that require increased oversight, suggesting a longer timeline for it...Reuters
Wed, Feb 26
Other
AerCap discloses $168 million insurance settlement in Q4 for Russia jets
By Ryan HewlettFeb 26 - (The Insurer) - AerCap Holdings recognised $168 million in insurance settlements during the fourth quarter of 2024 relating to aircraft seized as a result of the war in Ukraine. AerCap recovered $23 million in the first half of 2024Irish lessor secured return of a single airc...Reuters
Wed, Feb 26
Stocks
Tuya Reports Fourth Quarter and Fiscal 2024 Unaudited Financial Results and Declaration of Dividend
SANTA CLARA, Calif., Feb. 26, 2025 /PRNewswire/ -- Tuya Inc. ("Tuya" or the "Company") (NYSE: TUYA; HKEX: 2391), a global leading AI cloud platform service provider, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2024, an...PR Newswire
Wed, Feb 26
Stocks
BUZZ-Potential Trump tariffs boost European copper miners amid higher prices
** Shares in European copper miners rise as U.S. President Donald Trump is considering tariffs on copper imports** KGHM KGH.WA, Antofagasta ANTO.L and Glencore GLEN.L. rise 2.3%-3%; Boliden BOL.ST and Anglo American AAL.L each up 1.5%** The price for copper importers to the U.S. will have to rise fo...Reuters
Wed, Feb 26
Commodities
U.S. nuclear power plant outages
Adds outages tableFeb 26 (Reuters) - The following table lists total U.S. nuclear power generation capacity and the capacity offline due to planned and unplanned reasons, according to the daily data from the U.S. Nuclear Regulatory Commission.Total capacity EL-USTOTCAP-MW ......... 96,986 MW ...Reuters
Wed, Feb 26
Other
Northwest Natural Holding Co expected to post earnings of $1.37 a share - Earnings Preview
Northwest Natural Holding Co NWN.N, NWN is expected to show a rise in quarterly revenue when it reports results on February 28 for the period ending December 31 2024The Portland Oregon-based company is expected to report a 11.1% increase in revenue to $395.051 million from $355.71 million a year a...Reuters
Wed, Feb 26
Stocks
BUZZ-Siyata Mobile jumps after merger deal with AI game developer
** Shares of communication firm Siyata Mobile SYTA.O more than double before the bell** SYTA stock was last up at 114.9% at $7.52, making it the top gainer on the Nasdaq** Says it will merge with AI game developer Core Gaming** SYTA will issue shares based on $160 mln valuation of Core Gaming** Lega...Reuters
Wed, Feb 26
Other
UK plans Ukraine talks and Trump debrief with European leaders on Sunday
By William James LONDON, Feb 26 (Reuters) - British Prime Minister Keir Starmer will on Sunday host leaders of Italy, Germany, Poland and other allies to discuss their response to Donald Trump's push for peace in Ukraine that has forced a radical rethink of the continent's security. The U...Reuters
Wed, Feb 26
Other
BRIEF-Alcon CEO On Call About Tariffs: We Can Move Things Around And See How Long This Lasts
Feb 26 (Reuters) - ALCON AG ALCC.S:ALCON CEO ON CALL: NOT PLANNING PRICE INCREASES, WE THINK WE GOT THE PRICE RIGHTALCON CEO ON CALL ABOUT TARIFFS: WE MANUFACTURE LOCALLY IN OUR MARKETS, WE HAVE TO SEE WHAT HAPPENSALCON CEO ON CALL ABOUT TARIFFS: WE CAN MOVE THINGS AROUND AND SEE HOW LONG THIS LAST...Reuters
Wed, Feb 26
Stocks
Boston Beer Q4 Revenue Tops Forecasts
Craft beverage specialist Boston Beer (NYSE:SAM) reported mixed fourth-quarter and full-year 2024 results on Tuesday, Feb. 25. Net revenue of $402.3 million beat expectations of $389 million, primarily due to price hikes and a favorable sales tax change from last year. However, profits fell short wi...The Motley Fool
Wed, Feb 26
Other
BUZZ-Street View: Investors bet on Sempra's Texas story despite unclear long term growth plan
** U.S. utility Sempra SRE.N on Tuesday lowered its 2025 profit forecast amid regulatory challenges and high costs while also missing adjusted profit estimates for fourth-quarter profit ** Median PT of 19 analysts is $87.50 LONG TERM GROWTH PLAN UNCLEAR** Morningstar cuts PT to $77 from $85, says we...Reuters
Wed, Feb 26
Cryptocurrencies
Strategy (MSTR) Crashes 55%—Is A $44 Billion Bitcoin Liquidation Possible?
Shares of Strategy (NASDAQ: MSTR) have dropped by over 55% from the November 24 high at $543 to around $250. With the software intelligence firm now holding approximately 499,096 Bitcoin—worth around $44 billion at current prices—market participants are wondering whether the company could ever face ...NewsBTC
Wed, Feb 26
Stocks
LIVE MARKETS-Ahead of Nvidia results, Nasdaq composite on 4-day losing streak
U.S. equity index futures green; Nasdaq 100 up ~0.6%Mortgage market index 212.3 vs 214.9 last weekEuro STOXX 600 index up >1%Dollar rises; gold, crude slip; bitcoin down >1%U.S. 10-Year Treasury yield edges down to ~4.29%Welcome to the home for real-time coverage of markets brought to you by R...Reuters
Wed, Feb 26
