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Stocks
BUZZ-Home Depot gains after surprise rise in comparable sales
Updates** Home improvement firm Home Depot's HD.N shares reverse their premarket fall, and are up 3% at $393** Co posts surprise rise of 0.8% in comparable sales, compared with analysts' estimate of a 1.87% drop - data compiled by LSEG** Customer transactions jump 7.6% from last year, while ...Reuters
Tue, Feb 25
Other
US Supreme Court grants Oklahoma death row inmate Glossip new trial
Glossip convicted of commissioning murder of motel ownerOklahoma's attorney general supported Glossip's appeal By John Kruzel WASHINGTON, Feb 25 (Reuters) - The U.S. Supreme Court ruled on Tuesday in favor of Oklahoma death row inmate Richard Glossip in his bid to challenge his conviction...Reuters
Tue, Feb 25
Other
BRIEF-Blackstone And Omers Look To Offload Healthcare Groups In Multibillion-Dollar Deals - FT
Feb 25 (Reuters) - BLACKSTONE AND OMERS LOOK TO OFFLOAD HEALTHCARE GROUPS IN MULTIBILLION-DOLLAR DEALS - FTBLACKSTONE HAS HIRED ADVISERS TO WORK ON A SALE OF ITS MAJORITY STAKE IN HEALTH INSURANCE SOFTWARE PROVIDER HEALTHEDGE - FTOMERS IS ALSO WORKING WITH ADVISERS TO SELL PREMISE HEALTH - FTSource ...Reuters
Tue, Feb 25
Cryptocurrencies
Serum price prediction 2025-2031: Is SRM a good investment?
Key takeaways: While the Serum decentralized exchange went defunct, its native token remains on the Solana blockchain and is listed on Kraken, Gate.io, MEXC, and HTX exchanges. For the uninitiated, the Serum DEX became defunct after its backers, Alameda Research and the FTX exchange, collapsed in November 2022. The exchange’s, social media platforms have since […]Cryptopolitan
Tue, Feb 25
Stocks
BUZZ-BGC Group rises after BofA starts coverage with 'buy'
** Shares of brokerage firm BGC Group BGC.O rise as much as 7.5%; last up 6% at $9.43 in early trading** BofA Global Research initiates coverage of BGC with "buy" rating and $16 PT, 79.8% upside to stock's last close** Brokerage says easing regulatory backdrop under Trump administration ...Reuters
Tue, Feb 25
Stocks
UFP Technologies Inc reports results for the quarter ended December 31 - Earnings Summary
UFP Technologies Inc UFPT.OQ reported quarterly adjusted earnings of $2.10 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $1.51. The mean expectation of three analysts for the quarter was for earnings of $1.98 per share. Wall ...Reuters
Tue, Feb 25
Stocks
Where Will S&P Global Stock Be in 5 Years?
S&P Global's (NYSE: SPGI) stock has rallied more than 80% over the past five years and is currently hovering near its all-time high. The financial services leader impressed investors with its robust growth and resistance to macro headwinds, and it could maintain that momentum as the macro environmen...The Motley Fool
Tue, Feb 25
Stocks
BUZZ-China tech ADRs rebound; UBS says sector remains attractive
** U.S.-listed shares of Chinese tech companies regain ground after steep losses in the previous session ** Concerns about U.S. investment curbs on China saw ADRs tracking stocks fall on Monday** Alibaba BABA.N up 4%; stock tumbled over 10% in its worst day since Oct. 2022 on Monday, Hong-Kong liste...Reuters
Tue, Feb 25
Other
Pinnacle West quarterly revenue climbs on higher rates
Feb 25 (Reuters) - Pinnacle West Capital Corp PNW.N reported a rise in fourth-quarter revenue on Tuesday, as the utility got a boost from higher rates and more customer additions.The company's largest subsidiary, APS, which provides electric services to about 1.4 million customers in Arizona, sa...Reuters
Tue, Feb 25
Stocks
BUZZ-Zoom Communications hits near 4-mth low on bleak revenue outlook
Updates** Shares of Zoom Communications ZM.O plunge 9.5% to $73.30 in early trading, hitting their lowest since Oct. 29** Video conferencing platform forecasts FY and Q1 rev below Wall Street estimates as employers gradually move away from hybrid work models ** Following Trump's return-to-off...Reuters
Tue, Feb 25
Stocks
BUZZ-Henry Schein falls on weak 2025 profit forecast
** Shares of healthcare product distributor Henry Schein HSIC.O fall 1.7% to $76.31** Co forecasts 2025 profit between $4.80 and $4.94 per share, lower than analysts' estimates of $4.99, per data compiled by LSEG ** HSIC reports Q4 profit of $1.19/share vs est of $1.21/share** Total Q4 sales of ...Reuters
Tue, Feb 25
Other
Soccer-Lack of success a key factor in Man Utd's financial troubles, says Amorim
Feb 25 (Reuters) - Manchester United's lack of success in recent years is a contributing factor in the Premier League club's financial struggles, manager Ruben Amorim said on Tuesday, stressing the importance of quickly improving performances on the pitch. On Monday, United announced they wo...Reuters
Tue, Feb 25
Stocks
BUZZ-Fintech WEX jumps on tender offer plan to repurchase shares worth $750 million
** Shares of fintech firm WEX WEX.N jump as much 9%; last up 6.5% at $158 in early trading** WEX says it intends to launch a so-called "modified Dutch auction" tender offer to repurchase up to $750 million worth of common stock** Such a tender offer allows shareholders to indicate how many s...Reuters
Tue, Feb 25
Stocks
BUZZ-Bank of Montreal rises on Q1 profit beat
** Shares of Bank of Montreal BMO.TO rise 3.5% to C$147.27 in early trading ** BMO beats first-quarter profit estimates on wealth management and capital markets strength ** The Canadian bank's wealth management unit reported Q1 net income of C$369 million, up 53% from year earlier ** BMO reporte...Reuters
Tue, Feb 25
Stocks
BUZZ-Scotiabank falls after Q1 profit more than halves
** Shares of Bank of Nova Scotia BNS.TO falls 2.3% to C$70.63 in early trade ** BNS first-quarter profit drops as the bank recorded an impairment charge of C$1.36 billion due to the sale of Latin American assets** Net profit declines to C$993 million ($696.01 million), or 66 Canadian cents apiece, f...Reuters
Tue, Feb 25
Stocks
Is Now a Good Time to Buy Intel Stock?
One of the cornerstones of President Donald Trump's campaign was a promise to bring more manufacturing jobs back to the U.S. from overseas. In particular, the new administration has been focused on bolstering domestic technology innovation as the artificial intelligence (AI) revolution intensifies.B...The Motley Fool
Tue, Feb 25
