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Stocks
Brady: Mixed Results Reveal Growth
Brady (NYSE:BRC), a company known for industrial and safety product, released its financial results for the second quarter on Feb. 21, 2025. The report showed a strong revenue growth driven by acquisitions, although earnings did not meet expectations. Revenue was $356.7 million, a 10.6% increase yea...The Motley Fool
Fri, Feb 21
Stocks
BUZZ-CarGurus skids after mixed Q4 results, downbeat rev outlook
** Shares of online auto marketplace CarGurus CARG.O skidding 19.1% to $30.42, an over three month-low, early Fri after mixed qtrly report, downbeat current-qtr rev guidance** Shares on course for biggest daily pct drop since Aug 9, 2022** Boston-based firm late Thurs posted Q4 total rev of $228.5 m...Reuters
Fri, Feb 21
Stocks
US STOCKS-Wall St set for weekly declines as investors parse more data; UnitedHealth drops
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.Payments firm Block falls as Q4 profit misses estimatesUnitedHealth drops after report of DOJ investigation Indexes down: Dow 0.86%, S&P 500 0.37%, Nasdaq 0.22%Updates for market openBy Sha...Reuters
Fri, Feb 21
Other
AM Best: US P&C underwriting performance to continue rebound in 2025
By Isha MaratheFeb 20 - (The Insurer) - Net investment income across the U.S. P&C industry is projected to reach $100.8 billion in 2025 as higher interest rates fuel stronger investment yields, helping insurers create a buffer against the volatility of weather-related losses, according to AM Be...Reuters
Fri, Feb 21
Stocks
BUZZ-US energy sector tracks crude prices lower
** S&P 500 energy index .SPNY slips 0.7% as oil prices fall O/R** Brent crude futures LCOc1 down 1.2% at $75.58/barrel and U.S. West Texas Intermediate crude CLc1 decline 1.3% to $71.52/barrel, as uncertainty loomed over a potential peace deal in Ukraine** Prices further pressured by a rise in U...Reuters
Fri, Feb 21
Other
Musk's X gets German judge removed in battle over election data
Wins motion in case involving data ahead of Germany's February 23 electionLegal battle flares over access to X's data amid misinformation concernsHearing set for February 27, decision could sway future casesAdds response from German government in paragraph 11By Friederike Heine and Hakan Er...Reuters
Fri, Feb 21
Other
Topaz Energy Corp expected to post earnings of 9 cents a share - Earnings Preview
Topaz Energy Corp TPZ.TO is expected to show a rise in quarterly revenue when it reports results on February 25 for the period ending December 31 2024The Calgary Alberta-based company is expected to report a 3.9% increase in revenue to C$86 million from C$82.78 million a year ago, according to th...Reuters
Fri, Feb 21
Stocks
BUZZ-Consolidated Edison rises after Q4 profit beat
** Shares of utility Consolidated Edison ED.N rise 2.3% to $97.99 ** Company beats Q4 profit estimates helped by higher electricity rates** Reports Q4 adj profit of 98 cents/share vs est of 95 cents/share - data compiled by LSEG** Company expects its adj profit for 2025 to be between $5.50 and $5.70...Reuters
Fri, Feb 21
Stocks
Telephone and Data Systems Inc reports results for the quarter ended December 31 - Earnings Summary
Telephone and Data Systems Inc TDS.N reported a quarterly adjusted loss of 10 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -11 cents. The mean expectation of three analysts for the quarter was for a loss of 28 cents pe...Reuters
Fri, Feb 21
Stocks
Oil States International Inc reports results for the quarter ended December 31 - Earnings Summary
Oil States International Inc OIS.N reported quarterly adjusted earnings of 9 cents per share for the quarter ended December 31, identical to the same quarter last year. The mean expectation of four analysts for the quarter was for earnings of 6 cents per share. Wall Street expected results to ran...Reuters
Fri, Feb 21
Stocks
United States Cellular Corp reports results for the quarter ended December 31 - Earnings Summary
United States Cellular Corp USM.N reported quarterly adjusted earnings of 5 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 16 cents. The mean expectation of four analysts for the quarter was for a loss of 5 cents per shar...Reuters
Fri, Feb 21
Stocks
Atmus Filtration Technologies Inc reports results for the quarter ended December 31 - Earnings Summary
Atmus Filtration Technologies Inc ATMU.N reported quarterly adjusted earnings of 58 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 42 cents. The mean expectation of seven analysts for the quarter was for earnings of 52 c...Reuters
Fri, Feb 21
Commodities
GLOBAL LNG-Asia spot LNG prices at three-week low amid tepid demand
By Marwa Rashad LONDON, Feb 21 (Reuters) - Asian spot liquefied natural gas (LNG) prices fell to a three-week low on Friday amid lacklustre demand and a decline in European wholesale gas prices.The average LNG price for April delivery into north-east Asia LNG-AS was at $14.00 per million British ...Reuters
Fri, Feb 21
Other
EXCLUSIVE-Google faces EU charges of breaching DMA rules, sources say
BRUSSELS, Feb 21 (Reuters) - EU antitrust regulators are set to charge Alphabet GOOGL.O unit Google with breaching EU rules aimed at checking the power of Big Tech after proposed changes to its search results failed to address their concerns and those of their rivals, people with direct knowledge of...Reuters
Fri, Feb 21
Cryptocurrencies
Coinbase Urges US Congress To Act On Crypto Regulations, Outlines 6 Key Priorities
Coinbase’s Chief Policy Officer (CPO) asked US lawmakers to establish a robust regulatory framework that benefits the crypto industry and American investors, suggesting six key priorities to protect users and develop the sector with clear regulations. Related Reading: Binance CEO Expects Start Of Cr...Bitcoinist
Fri, Feb 21
Cryptocurrencies
Ethereum Holds Key Support – Analyst Doubts Bears Can Defend $4K Anymore
Ethereum has been attempting to reclaim the $2,800 level for days, but bears continue to apply selling pressure, keeping the price below this key resistance. Despite this, demand remains strong, with bulls successfully holding ETH above the crucial $2,600 support level. The short-term outlook for ET...NewsBTC
Fri, Feb 21
Other
Televisa executive says 2025 capex budget is $665 mln
MEXICO CITY, Feb 21 (Reuters) - Executives at Mexico's largest broadcaster Grupo Televisa TLEVISACPO.MX said Friday the company's budget for capital expenditures (CAPEX) in 2025 was $665 million.In a fourth-quarter earnings call, executives also said that TelevisaUnivison, its firm that comb...Reuters
Fri, Feb 21
Stocks
Gene therapy maker bluebird to go private in discounted deal amid cash crunch
Adds analyst comment in paragraph 6 and 7By Sneha S K Feb 21 (Reuters) - Gene therapy maker bluebird bio BLUE.O on Friday agreed to be taken private by Carlyle Group CG.O and SK Capital Partners at a discount, after a prolonged struggle to survive a cash crunch due to a difficult market environm...Reuters
Fri, Feb 21
Stocks
CANADA STOCKS-TSX hits two-week low as commodity-linked stocks drag
Updates with morning pricesBy Pranav KashyapFeb 21 (Reuters) - Canada's primary stock index declined on Friday, influenced by falling commodity prices, while investors anticipated crucial U.S. economic data.The S&P/TSX composite index .GSPTSE was down 0.5% at 10:03 a.m. ET (1503 GMT), its lo...Reuters
Fri, Feb 21
