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UK to target 3% of GDP for defence spending, to cut aid budget
LONDON, Feb 25 (Reuters) - Britain will aim to spend 3% of its GDP on defence in the next parliament, due to begin in 2029, and will help to fund that increased spending by cutting its aid budget, Prime Minister Keir Starmer said on Tuesday. Starmer said the aid budget would be reduced from 0.5% of ...Reuters
Tue, Feb 25
Stocks
BUZZ-Keurig Dr Pepper gains on higher Q4 profit, net sales
** Shares of beverage company Keurig Dr Pepper KDP.O up 3.5% at $35.3 premarket** Company expects its 2025 adjusted EPS to grow in high-single digit, compared with analysts' average estimate of a 6.2% increase, according to data compiled by LSEG** Q4 net sales rise 5.2% to $4.07 billion** On an ...Reuters
Tue, Feb 25
Other
Morning News Call - Canada, February 25
To access a PDF version of this newsletter, please click hereYou can read Morning News Call Canada via TOPNEWS Canada page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageECONOMIC EVENTSCOMPANIES REPORT...Reuters
Tue, Feb 25
Stocks
BUZZ-Integra LifeSciences falls on quarterly revenue miss, downbeat Q1 forecast
** Shares of Integra LifeSciences IART.O fall 4.8% to $21 premarket** Life sciences firm posts Q4 revenue of $442.6 million, missing analyst est of $445.1 million, as per data compiled by LSEG ** Co reports Q4 adj profit of 97 cents/share vs analyst est of 86 cents/share** IART forecasts 2025 revenu...Reuters
Tue, Feb 25
Stocks
LIVE MARKETS-German election: a new positive catalyst for utilities
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.com GERMAN ELECTION: A NEW POSITIVE CATALYST FOR UTILITIES A lik...Reuters
Tue, Feb 25
Stocks
BUZZ-Tempus AI falls on quarterly revenue miss
** Shares of genetic testing firm Tempus AI TEM.O fall 16.9% to $57.8 premarket** Co posts Q4 revenue of $200.7 mln, missing analysts' estimates of $203.1 mln as per data compiled by LSEG ** TEM reports Q4 net loss of 18 cents/share vs analyst est of 20 cents/share ** Co forecasts 2025 rev...Reuters
Tue, Feb 25
Stocks
2 Reasons to Buy Berkshire Hathaway Stock Like There's No Tomorrow
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) has been one of the best investments in history over the long term. After many decades, shares have increased in value by roughly 20% per year. At that rate with that much time, even small investments have turned into huge sums.Think it's too late to jum...The Motley Fool
Tue, Feb 25
Stocks
BUZZ-High Tide down after pausing Purecan GmbH acquisition
** U.S.-listed shares of Canadian cannabis firm High Tide HITI.O fall 1.6% to $2.49 premarket** Company pauses acquisition of Purecan GmbH and is now exploring alternative arrangements with Purecan to enter into German medical cannabis market** Co says during ongoing due diligence, it reassessed the...Reuters
Tue, Feb 25
Stocks
BUZZ-BofA starts coverage on insulin device maker Beta Bionics with 'buy' rating
** BofA Global Research starts coverage on insulin device maker Beta Bionics BBNX.O with "buy" rating and $25 PT, citing its "differentiated closed-loop algorithm" that simplifies insulin-dosing for diabetic patients** PT represents a 21.4% upside to stock's last close** Brokerag...Reuters
Tue, Feb 25
Cryptocurrencies
South Korea imposes 3-month ban on Upbit servicing new clients
The South Korean Financial Intelligence Unit has imposed a three-month ban on crypto deposits and withdrawals for new Upbit customers. The South Korean cryptocurrency exchange also emphasized that the ban “may be subject to change” via procedures in accordance with relevant regulations.Cryptopolitan
Tue, Feb 25
Other
Morning News Call - U.S., February 25
To access a PDF version of this newsletter, please click hereYou can read Morning News Call -- US via TOPNEWS U.S. Companies page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageFor Morning News Call Ca...Reuters
Tue, Feb 25
Other
SLB delays ChampionX deal closure to early second quarter
Adds details on DOJ second request, UK inquiry Feb 25 (Reuters) - U.S. oilfield services firm SLB SLB.N said on Tuesday it now expects its buyout of ChampionX CHX.O to close by the end of the first quarter or early the second quarter of 2025.SLB is legally permitted to close the all-stock transac...Reuters
Tue, Feb 25
Stocks
Dillard's Inc reports results for the quarter ended January 31 - Earnings Summary
Dillard's Inc DDS.N reported quarterly adjusted earnings of $13.48 per share for the quarter ended January 31, lower than the same quarter last year, when the company reported EPS of $15.44. The mean expectation of three analysts for the quarter was for earnings of $9.75 per share. Wall Stree...Reuters
Tue, Feb 25
Stocks
Gold miners down as bullion prices ease after hitting record high
** U.S.-listed shares of gold miners down premarket, tracking a fall in the price of bullion GOL/ ** Spot gold XAU= down 0.4% at $2,939.74/ounce, after reaching $2,956.15/ounce on Monday — its eleventh record high this year
Reuters
Tue, Feb 25
Stocks
CANADA STOCKS-TSX futures rise as bank earnings kick off
Feb 25 (Reuters) - Futures for Canada's main stock index rose on Tuesday as investors assessed mixed quarterly earnings by the nation's major banks.March futures on the S&P/TSX index SXFcv1 were up 0.23% at 6.55 a.m. ET (1155 GMT).Bank of Montreal's BMO.TO first-quarter profit rose o...Reuters
Tue, Feb 25
Indices
US Dollar stuck despite the latest market rout
The US Dollar trades flat and unfazed by overnight events. The Trump administration is trying to corner China further with third-party tariffs and semiconductor restrictions. The US Dollar Index (DXY) resides just above important support ahead of more downside.Fxstreet
Tue, Feb 25
Commodities
Japan's ANA taps Boeing, Airbus, Embraer in 77-jet order
Company order to help meet growing tourism demand in JapanOrder is breakthrough for Brazil-based Embraer in AsiaOrder worth more than 2.1 trillion yen Adds order details in paragraph 3-4, quote from company in paragraph 7, context and background throughoutBy Rocky Swift and Nobuhiro KuboTOKYO, Feb 2...Reuters
Tue, Feb 25
Commodities
Shell expects 60% rise in global LNG demand by 2040 as Asia leads growth
LONDON/SINGAPORE, Feb 25 (Reuters) - Global demand for liquefied natural gas is estimated to rise by around 60% by 2040, driven largely by economic growth in Asia, AI impact and efforts to cut emissions in heavy industries and transportation, Shell said in an annual report on Tuesday.
Reuters
Tue, Feb 25
Stocks
BUZZ-Cleveland-Cliffs falls after Q4 results miss
** Steelmaker Cleveland-Cliffs' shares CLF.N fall 5% to $10.59 premarket** CLF on Monday posted adjusted loss of 68 cents per share, compared with analysts' estimates of a loss of 61 cents a share - LSEG compiled data** Decline in domestic automotive production, and too much imported steel f...Reuters
Tue, Feb 25
Other
FOCUS-How India's richest man is using "brain mapping" neuroscience to woo advertisers to cricket
Reliance-Disney entity shifts focus on revenue as IPL startsAmbani-led venture lures advertisers, compares itself to YouTubeReliance stops free IPL streaming in strategy shiftBrain mapping results deployed to lure advertisersUpdates headlineBy Munsif Vengattil, Aditya Kalra and Sai Ishwarbharath B ...Reuters
Tue, Feb 25
