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Stocks
Why Wingstop Stock Plummeted This Week
Shares of quickly growing chicken wing franchisor Wingstop (NASDAQ: WING) were down by 19% as of 1:50 p.m. ET Thursday, according to data provided by S&P Global Market Intelligence.Despite the company reporting otherwise stellar earnings on Wednesday, Wingstop's shares have declined this week as its...The Motley Fool
Fri, Feb 21
Stocks
Floor & Decor Holdings Inc reports results for the quarter ended December 31 - Earnings Summary
Floor & Decor Holdings Inc FND.N reported quarterly adjusted earnings of 37 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 34 cents. The mean expectation of twenty four analysts for the quarter was for earnings of 26...Reuters
Fri, Feb 21
Other
US declares administrative law judge removal rules unconstitutional
WASHINGTON, Feb 20 (Reuters) - The U.S. Justice Department has determined that multiple layers of removal restrictions shielding administrative law judges are unconstitutional, a top department official said on Thursday.Chad Mizelle, the department's chief of staff, called the administrative law...Reuters
Fri, Feb 21
Commodities
USDA says it will release $20 million of frozen farmer funds
Adds details of the agency's freeze, quote from USDA secretary in paragraphs 2, 4-9By P.J. Huffstutter CHICAGO, Feb 20 (Reuters) - The U.S. Department of Agriculture will release approximately $20 million in funding for previously approved contracts that had been frozen by the Trump administr...Reuters
Fri, Feb 21
Stocks
Five9 Inc reports results for the quarter ended December 31 - Earnings Summary
Five9 Inc FIVN.OQ reported quarterly adjusted earnings of 79 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 61 cents. The mean expectation of twenty two analysts for the quarter was for earnings of 70 cents per share. Wa...Reuters
Fri, Feb 21
Other
Canada lists 7 criminal organizations as terrorist entities
Adds details about banks, law enforcement partnership in paragraph 7 Feb 20 (Reuters) - Canada has listed seven transnational criminal organizations as terrorist entities and announced a new partnership with banks to combat money laundering, the government said on Thursday.The list of terrorist e...Reuters
Fri, Feb 21
Stocks
Akamai Technologies Inc reports results for the quarter ended December 31 - Earnings Summary
Akamai Technologies Inc AKAM.OQ reported quarterly adjusted earnings of $1.66 per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $1.69. The mean expectation of twenty one analysts for the quarter was for earnings of $1.51 per share...Reuters
Fri, Feb 21
Other
US says it will drop immigration case against SpaceX
Adds detail from DOJ statement in paragraph 7, adds SpaceX statement from court filing in paragraphs 8-9By Luc Cohen Feb 20 (Reuters) - The U.S. Department of Justice on Thursday said it would drop a case accusing Elon Musk's space technology company SpaceX of refusing to hire certain immigra...Reuters
Fri, Feb 21
Forex
FOREX-Dollar hits year-to-date lows as bulls get nervous
Yen jumps on Japan inflationSterling, Australian and New Zealand dollars at year-to-date highsEuro firm ahead of German electionBy Tom Westbrook SINGAPORE, Feb 21 (Reuters) - The yen shot to a 2-1/2 month high on Friday on the back of a jump in Japanese inflation, while the dollar was set for a t...Reuters
Fri, Feb 21
Stocks
MercadoLibre's fourth-quarter net profit beats forecast, shares jump
Adds analysts comment in paragraphs 6 and 14, comment from executive in paragraphs 12-13By Andre Romani SAO PAULO, Feb 20 (Reuters) - Latin American e-commerce giant MercadoLibre MELI.O posted a better-than-expected quarterly net profit on Thursday, up nearly four-fold from the same period a year...Reuters
Fri, Feb 21
Other
DOGE cuts nearly half of unit overseeing autonomous vehicles safety, Washington Post reports
Feb 20 (Reuters) - Elon Musk-led Department of Government Efficiency has cut three out of roughly seven people in a U.S. auto safety agency unit overseeing the safety of autonomous vehicles, the Washington Post reported on Thursday.The workers fired by the agency headed by the Tesla CEO said they do...Reuters
Fri, Feb 21
Stocks
Ryerson Holding Corp reports results for the quarter ended December 31 - Earnings Summary
Ryerson Holding Corp RYI.N reported a quarterly adjusted loss of 14 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 73 cents. The mean expectation of two analysts for the quarter was for a loss of 48 cents per share. Wall ...Reuters
Fri, Feb 21
Other
PGA Tour has 'constructive' meeting with Trump and LIV's Al-Rumayyan over unification
PGA Tour meets with Trump and LIV Chairman Al-Rumayyan Tiger Woods among those at White House meetingPGA Tour: Committed to moving as quickly as possible in talksRecasts with PGA Tour statement and details in paragraphs 1-8By Steve Holland WASHINGTON, Feb 20 (Reuters) - The PGA Tour said on Thurs...Reuters
Fri, Feb 21
Cryptocurrencies
Bitcoin ETFs See Institutional Ownership Multiply 55x In Less Than A Year
The institutional adoption of Bitcoin exchange-traded funds (ETFs) has experienced an unprecedented surge in the past 11 months, underscoring a tectonic shift in the way traditional investors interact with digital assets. Related Reading: Crypto Tax Incoming: Nigeria Eyes Digital Assets For Revenue ...Bitcoinist
Fri, Feb 21
Commodities
CIF/FOB Gulf Grain-Soybean, corn barge basis surges on loading hurdles
CHICAGO, Feb 20 (Reuters) - Spot basis bids for soybeans delivered by barge to the U.S. Gulf Coast surged on Thursday, as exporters rushed to fill vessels due to the slower pace of Brazil's harvest, traders said.* Basis bids for corn shipped by barge also climbed, as weather-related woes have ma...Reuters
Fri, Feb 21
Stocks
Altair Engineering Inc reports results for the quarter ended December 31 - Earnings Summary
Altair Engineering Inc ALTR.OQ reported quarterly adjusted earnings of 52 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 46 cents. The mean expectation of ten analysts for the quarter was for earnings of 51 cents per sha...Reuters
Fri, Feb 21
