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Arbutus Biopharma Corp expected to post a loss of 8 cents a share - Earnings Preview
Arbutus Biopharma Corp ABUS.OQ ABUS.O is expected to show a fall in quarterly revenue when it reports results on February 26 (estimated) for the period ending December 31 2024The Warminster Pennsylvania-based company is expected to report a 27.1% decrease in revenue to $1.563 million from $2.15 mi...Reuters
Mon, Feb 24
Stocks
Bain Capital offers to buy London-listed defence firm Chemring, Sky News reports
Adds details on the proposal throughout, companies' reponse in para 3Feb 24 (Reuters) - U.S. private equity firm Bain Capital has tabled a 1.1-billion-pound ($1.39 billion) proposal to buy Chemring Group CHG.L, Sky News reported on Monday, sending shares of the London-listed defence contractor u...Reuters
Mon, Feb 24
Cryptocurrencies
3 Altcoins Under $0.5 You’ll Soon Regret Not Buying Now, Set to Reach $5 in Under 6 Months
Soaring interest in undervalued altcoins is gripping the crypto market as February reveals strong potential for tokens priced below $0.5. Investors are flocking to opportunities promising explosive growth, fueled by real utility and market momentum. Among them, Dogecoin (DOGE), Polygon (POL), and Mutuum Finance (MUTM) stand out, each carrying unique strengths that could catapult their […]Cryptopolitan
Mon, Feb 24
Stocks
This Is the Average 401(k) Balance for Ages 35 to 44
Most investors understand that retirement nest eggs are built over time rather than overnight, with steady contributions to the cause. This reality brings up a question, though. That is, how much does the typical person have in their 401(k) account between the relatively young ages of 35 and 44?Spoi...The Motley Fool
Mon, Feb 24
Stocks
2 Very Healthy High-Yield Dividend Stocks to Buy for a Safe and Growing Passive Income Stream
A higher dividend yield is nice because it allows you to collect more dividend income on every dollar you invest in a stock. However, the company paying that dividend needs to be healthy to ensure it can maintain its payout during the tough times that inevitably come. Medtronic (NYSE: MDT) and Johns...The Motley Fool
Mon, Feb 24
Other
Law firm Freshfields opens latest US office in Boston
By Sara Merken Feb 24 (Reuters) - London-founded law firm Freshfields is pushing further into the U.S. legal market with a new office in Boston, joining an influx of large firms into the city in recent years.The Boston outpost will focus on work for private capital, life sciences and emerging com...Reuters
Mon, Feb 24
Commodities
RPT-COLUMN-Funds settle in to mega-bullish corn bets, maybe for the longer haul: Braun
Repeats for early U.S. readership. No change to text.By Karen Braun NAPERVILLE, Illinois, Feb 23 (Reuters) - Whenever speculators build sizably bullish views in Chicago corn, they are not usually in a hurry to completely erase them.In the week ended February 18, money managers increased their net...Reuters
Mon, Feb 24
Other
ANALYSIS-Chinese rivals to Musk's Starlink accelerate race to dominate satellite internet
Repeats story from Monday morning in Asia with new headline, widening distributionMusk's Starlink facing fresh competition from China's SpaceSail, Bezos's Project Kuiper Beijing investing heavily in LEO satellites that can supply reliable internetWestern analysts worried that Beijing cou...Reuters
Mon, Feb 24
Other
Rheinmetall to repurpose two German factories to make defence equipment
FRANKFURT/DUESSELDORF, Feb 24 (Reuters) - Rheinmetall, Europe's top ammunition maker, on Monday said it would repurpose two of its automotive sites in Germany to mostly make defence equipment, highlighting the impact of an expected surge in spending in the region amid U.S. tensions over the Ukra...Reuters
Mon, Feb 24
Stocks
CANADA STOCKS-TSX futures rise on higher gold prices
Feb 24 (Reuters) - Futures for Canada's main stock index rose on Monday, buoyed by higher gold prices, after a major sell-off in the previous session. March futures on the S&P/TSX index SXFcv1 were up 0.54% at 7.00 a.m. ET (1200 GMT).Gold prices XAU= edged up to trade near its record peak, h...Reuters
Mon, Feb 24
Stocks
BUZZ-Wingstop up after Guggenheim upgrades to "buy" on sales reacceleration potential
** Shares of restaurant chain Wingstop WING.O up ~4% at $242.60 premarket** Guggenheim upgrades stock to "buy" from "neutral", reinstitutes PT at $280** The company had reported Q4 revenue below estimates and forecast downbeat annual same-store sales on Wednesday, sending shares down...Reuters
Mon, Feb 24
Stocks
BUZZ-Owens Corning rises on quarterly results beat
** Owens Corning's OC.N shares up 2.74% at $170 premarket ** Co posts Q4 net revenue of $2.84 billion, beating analysts' avg. expectations of $2.77 billion, according to data compiled by LSEG** Co reports Q4 earnings of $3.22 per share, excluding items, above estimates of $2.90 ** "Throu...Reuters
Mon, Feb 24
Forex
CAD loses ground on the crosses – Scotiabank
BoC Governor Macklem said Friday the economy was on a 'better footing' on the back of a pickup in consumer demand but noted again that the consequences of a trade war with the US would be 'severe' and the threat of tariffs was already doing economic harm, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Mon, Feb 24
Forex
BUZZ-COMMENT-Sterling struggles to overcome moving average resistance
Feb 24 (Reuters) - Sterling is clinging to a choppy underlying daily bull trend versus the dollar, but recent sessions have brought stalling at the 100-day moving average.Failure to close above the average, 1.2645, could bring a March 26 1.2442-1.2444 Ichimoku cloud twist into play. Cloud twists can...Reuters
Mon, Feb 24
Economic Indicator
U.S. government workers to be put on administrative leave if they don't return to the office, Musk says
Feb 24 (Reuters) - U.S. President Donald Trump's adviser Elon Musk said on Monday that starting this week, government workers would be put on administrative leave if they fail to return to the office.Reuters
Mon, Feb 24
Stocks
BUZZ-Twilio rises as Morgan Stanley upgrades to 'overweight'
** Cloud communications platform Twilio's TWLO.N shares gain 3.67% to $118.50 premarket** Morgan Stanley upgrades rating on stock to "overweight" from "equal-weight"; raises PT to $160 from $144, implying upside of ~40% to stock's last close of $114.31** MS notes positive fee...Reuters
Mon, Feb 24
Technical Analysis
USD is trading steady on the day – Scotiabank
The US Dollar (USD) is little changed in quiet trade. Overnight price action saw the Euro (EUR) advance in response to the anticipated win for the center-right in Germany’s federal election but the result was largely as expected, Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
Mon, Feb 24
Stocks
This Recent Stock-Split Just Hit a New All-Time High. Should You Buy This AI Cybersecurity Leader?
Palo Alto Networks (NASDAQ: PANW) has a ton going for it right now. It enacted a 2-for-1 stock split in December and recently notched a new all-time high after reporting strong Q2 FY 2025 (ending Jan. 31) results. The stock has looked borderline unstoppable over the past year, and if management's pr...The Motley Fool
Mon, Feb 24
Commodities
BRIEF-Drax Launches Enhanced Approach To Global Sustainability
Feb 24 (Reuters) - Drax Group PLC DRX.L:DRAX LAUNCHES ENHANCED APPROACH TO GLOBAL SUSTAINABILITYDRAX GROUP- OUTLINES AMBITION TO REACH NET ZERO BY END OF 2040 ACROSS DRAX’S VALUE CHAINSource text: [ID:]Further company coverage: DRX.LReuters
Mon, Feb 24
Technical Analysis
USD/CAD: USD-bearish technical signals show up on charts – Scotiabank
USD-bearish technical signals noted recently ('engulfing' patterns on the daily and weekly charts and a key reversal week on the 'regular' charts) remain the salient features of USD/CAD’s technical picture, Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
Mon, Feb 24
