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BUZZ-Cisco rises on expanded AI partnership with Nvidia
** Shares of Cisco CSCO.O rise 2.3% to $64.70 before the bell** Co announced plans for an expanded partnership with AI-heavyweight Nvidia NVDA.O to provide AI-linked technology to businesses** Says co and NVDA intend to build powerful computer networks needed to run AI by making a simple, ready-to-u...Reuters
Tue, Feb 25
Stocks
Software maker Dye & Durham gets unsolicited $940 mln go-private offer
Feb 25 (Reuters) - Software maker Dye & Durham has received an unsolicited bid to take it private in a deal valued at C$1.34 billion, or C$20 per share, the Canadian company said on Tuesday, without disclosing the details of the bidder. The company's second-largest shareholder, Pla...Reuters
Tue, Feb 25
Stocks
BUZZ-Krispy Kreme falls after forecasting 2025 revenue, profit below estimates
** Donut chain Krispy Kreme's DNUT.O shares down 10.5% at $8.17 premarket** Company forecasts annual profit, revenue below analysts' estimates on weak demand for its donuts** Also says it has begun to evaluate refranchising certain international markets and restructured management teams to i...Reuters
Tue, Feb 25
Other
Nautilus Biotechnology Inc expected to post a loss of 16 cents a share - Earnings Preview
Nautilus Biotechnology Inc NAUT.OQ NAUT.O is expected to show no change in quarterly revenue when it reports results on February 27 for the period ending December 31 2024LSEG's mean analyst estimate for Nautilus Biotechnology Inc is for a loss of 16 cents per share. The current average analyst...Reuters
Tue, Feb 25
Other
Imunon Inc expected to post a loss of 36 cents a share - Earnings Preview
Imunon Inc IMNN.OQ IMNN.O is expected to show no change in quarterly revenue when it reports results on February 27 for the period ending December 31 2024LSEG's mean analyst estimate for Imunon Inc is for a loss of 36 cents per share. The current average analyst rating on the shares is "bu...Reuters
Tue, Feb 25
Other
Iran will not yield to U.S. 'pressure and sanctions' on nuclear dispute
Adds Lavrov-Araqchi press conference paragraphs 5,6,11, detail throughoutBy Parisa Hafezi DUBAI, Feb 25 (Reuters) - Iran will not succumb to pressure and sanctions imposed by Washington, the Islamic Republic's top diplomat said on Tuesday after meeting his Russian counterpart, days after Mosc...Reuters
Tue, Feb 25
Other
Cumulus Media Inc expected to post a loss of 57 cents a share - Earnings Preview
Cumulus Media Inc CMLS.OQ CMLS.O is expected to show a fall in quarterly revenue when it reports results on February 27 for the period ending December 31 2024The Atlanta Georgia-based company is expected to report a 1.1% decrease in revenue to $218.8 million from $221.3 million a year ago, accordi...Reuters
Tue, Feb 25
Stocks
BUZZ-Organovo rises as Eli Lilly acquires co's FXR program
** Shares of Organovo Holdings ONVO.O more than tripled to $1.35 premarket** ONVO says it is selling its FXR program, including lead asset FXR314, to Eli Lilly LLY.N ** ONVO's FXR program is focused on developing novel treatment approaches for inflammatory bowel disease** LLY will pay ONVO $10 m...Reuters
Tue, Feb 25
Other
Liberty Media Corp expected to post earnings of 41 cents a share - Earnings Preview
Liberty Media Corp FWONK.OQ, FWONK.O is expected to show a rise in quarterly revenue when it reports results on February 27 for the period ending December 31 2024The Englewood Colorado-based company is expected to report a 9.5% increase in revenue to $1.346 billion from $1.23 billion a year ago, a...Reuters
Tue, Feb 25
Cryptocurrencies
Did Brazilian Justice Moraes just move his money out of the US? Musk responds
Reports circulating on social media claim that Brazilian Supreme Court Justice Alexandre de Moraes has moved all his assets out of the United States. The allegations follow comments from the Department of Government Efficiency (DOGE) co-founder Elon Musk asking if Moraes, currently facing two lawsuits in the US, owned property within the country’s jurisdiction. On […]Cryptopolitan
Tue, Feb 25
Stocks
Here's How Many Shares of Coca-Cola You Should Own to Get $4,000 in Yearly Dividends
Looking for reliable dividend income? You'd be hard-pressed to find a better all-around option than The Coca-Cola Company (NYSE: KO). While you can find higher yields than its forward-looking dividend yield of 2.8%, with 63 consecutive years of annual payout growth under its belt, the beverage giant...The Motley Fool
Tue, Feb 25
Other
Intellia Therapeutics Inc expected to post a loss of $1.33 a share - Earnings Preview
Intellia Therapeutics Inc NTLA.OQ NTLA.O is expected to show a rise in quarterly revenue when it reports results on February 27 for the period ending December 31 2024The Cambridge Massachusetts-based company is expected to report a 545.1% decrease in revenue to $8.532 million from $-1.92 million a...Reuters
Tue, Feb 25
Stocks
BUZZ-Cheesecake Factory dips after $450 mln convertible debt deal unveiled
** Cheesecake Factory's CAKE.O shares down 1.5% at $54.22 before the bell after news of restaurant operator's planned capital raise** California-based firm late Mon said offering privately $450 mln convertible bonds (CBs) due 2030** It intends to use up to $130 mln of net offering proceeds t...Reuters
Tue, Feb 25
Other
Thermo Fisher to acquire Solventum's purification and filtration business for $4.1 billion
Feb 25 (Reuters) - Contract drug manufacturer Thermo Fisher Scientific TMO.N said on Tuesday it will buy Solventum's SOLV.N purification and filtration business for about $4.1 billion in cash.The transaction is expected to be completed by the end of 2025.Reuters
Tue, Feb 25
Other
Strategic Education Inc expected to post earnings of $1.24 a share - Earnings Preview
Strategic Education Inc STRA.OQ STRA.O is expected to show a rise in quarterly revenue when it reports results on February 27 for the period ending December 31 2024The Herndon Virginia-based company is expected to report a 4.1% increase in revenue to $315.177 million from $302.7 million a year ago...Reuters
Tue, Feb 25
Commodities
Utility Public Service Enterprise forecasts higher 2025 profit, raises spending plan
Feb 25 (Reuters) - U.S. electric and gas utility Public Service Enterprise Group PEG.N on Tuesday forecast a higher profit for 2025 than the year earlier and raised its five-year capital spending plan to meet growing demand for power.Utilities have witnessed a surge in demand for power, as Big Tech ...Reuters
Tue, Feb 25
Other
Atco Ltd expected to post earnings of C$1.22 a share - Earnings Preview
Atco Ltd ACOx.TO is expected to report results on February 27 for the period ending December 31 2024LSEG's mean analyst estimate for Atco Ltd is for earnings of C$1.22 per share. The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "st...Reuters
Tue, Feb 25
Stocks
LIVE MARKETS-Sterling stagflation stress?
STOXX 600 up 0.4%Defence in focusUnilever CEO quitsNasdaq futures dip Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comSTERLING STAGFLATION STRESS?The pound has shrugged off January...Reuters
Tue, Feb 25
