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Stocks
BUZZ-Repligen jumps on strong annual forecast and quarterly results beat
** Life sciences firm Repligen's RGEN.O shares rise 8.9% to $164.1** Stock set for best day since July 2024 if gains hold** Co forecasts 2025 annual revenue in the range of $685 mln to $710 mln, above Wall Street estimates of $693.48 mln as per data compiled by LSEG ** Co expects to earn between...
Reuters
Thu, Feb 20
Economic Indicator
EIA sees 10% rise in US household natgas, propane heating expenditures
Feb 20 (Reuters) - The U.S. Energy Information Administration expects an increase of 10% in household energy expenditures for heating with natural gas and propane for the current winter period extending from November through March, it said on Thursday.In an earlier estimate, released in October, the...
Reuters
Thu, Feb 20
Commodities
Britain, France to explore electric interconnection of about 1 GW
Feb 20 (Reuters) - British energy regulator Ofgem said on Thursday it has agreed with its French counterpart, CRE, to explore further opportunities for electricity interconnection between the two countries with capacities of around 1 gigawatt.
Reuters
Thu, Feb 20
Other
Brazil steelmaker Gerdau rethinks Mexico mill after Trump tariffs
By Alberto Alerigi SAO PAULO, Feb 20 (Reuters) - Brazilian steelmaker Gerdau GGBR4.SA may opt to bump up its output capacity in the United States instead of building a new plant in Mexico, its CEO said on Thursday, as tariffs implemented by President Donald Trump shake up global trade.Gerdau anno...
Reuters
Thu, Feb 20
Stocks
Think It's Too Late to Buy AppLovin Stock? Here's the Biggest Reason Why There's Still Time.
AppLovin (NASDAQ: APP) hasn't gotten the attention of Nvidia and some other artificial intelligence (AI) stocks recently, but you might be surprised to learn that the stock has outperformed Nvidia by a wide margin since the start of 2023Below is the performance of the two stocks. As you can see, App...
The Motley Fool
Thu, Feb 20
Forex
Bank of Mexico says it might cut interest rate by 50 basis points again
MEXICO CITY, Feb 20 (Reuters) - The Bank of Mexico said on Thursday that it might continue cutting the benchmark interest rate at future monetary policy meetings and could "consider adjusting it in similar magnitudes" to the latest 50 basis points reduction.
Reuters
Thu, Feb 20
Other
CANADA RESEARCH ROUNDUP-Bombardier, Gibson Energy, IA Financial Corporation
Feb 20 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Bombardier, Gibson Energy and IA Financial Corporation, on Thursday. HIGHLIGHTS * Bombardier BBDb.TO: JP Morgan cuts target price to C$100 from C$110* Canadian Tire Corporation...
Reuters
Thu, Feb 20
Stocks
CRA International Inc reports results for the quarter ended December 31 - Earnings Summary
CRA International Inc CRAI.OQ reported quarterly adjusted earnings of $2.03 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $1.63. The mean expectation of three analysts for the quarter was for earnings of $1.62 per share. Wall...
Reuters
Thu, Feb 20
Other
US regulators 'need to be tougher on Boeing' -- nominee
WASHINGTON, Feb 20 (Reuters) - President Donald Trump's nominee to serve as deputy secretary of the U.S. Transportation Department said regulators need to take a more aggressive approach to overseeing planemaker Boeing BA.N."We need to be tougher on Boeing," said Steve Bradbury at a U.S....
Reuters
Thu, Feb 20
Stocks
Shyft Group Inc reports results for the quarter ended December 31 - Earnings Summary
Shyft Group Inc SHYF.OQ reported quarterly adjusted earnings of 15 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -3 cents. The mean expectation of three analysts for the quarter was for earnings of 14 cents per share. W...
Reuters
Thu, Feb 20
Commodities
EXPLAINER-Key takeaways from Trump-Putin talks: Ukraine, energy, NATO, sanctions
MOSCOW, Feb 20 (Reuters) - Russia and the United States have had their first meeting since the start of the Ukraine war, aimed at restoring relations and preparing the ground for ending the conflict.What is known so far about what was discussed? UKRAINE WARU.S. President Donald Trump says he wan...
Reuters
Thu, Feb 20
Stocks
Toast's gross profit outlook misses expectations; Q4 numbers mainly ahead
Investing.com -- Toast Inc (NYSE:TOST) fluctuated between gains and flat performance following Thursday's market open, as investors reacted to the company's mixed fourth-quarter report and soft gu
Investing.com
Thu, Feb 20
Other
Mexican president sees economic growth in 2025, despite tariff threat
MEXICO CITY, Feb 20 (Reuters) - Mexican President Claudia Sheinbaum said on Thursday that her government believes 2025 will be a good year for economic growth, despite the uncertainty created by the threat of U.S. President Donald Trump to impose tariffs. Sheinbaum's comments come a day after th...
Reuters
Thu, Feb 20
Stocks
Toymaker Hasbro unveils new growth plan; 2025 revenue forecast underwhelms
Adds CFO comment in paragraph 6By Anuja Bharat Mistry Feb 20 (Reuters) - Hasbro HAS.O laid out a $1 billion cost-savings plan on Thursday as the U.S. toymaker navigates subdued demand for its products, sending its shares up about 11% despite a lackluster annual revenue forecast.In its new strateg...
Reuters
Thu, Feb 20
Other
TREASURIES-Yields dip as Bessent says no near-term plans to change debt sales
Treasury's Bessent says no near term plans to term out debtFed meeting minutes raise hopes for earlier end to QTInitial jobless claims rise slightly in latest weekBy Karen Brettell NEW YORK, Feb 20 (Reuters) - U.S. Treasury yields edged lower on Thursday after comments from the top Treasury o...
Reuters
Thu, Feb 20
Other
OpenAI's weekly active users surpass 400 million
Feb 20 (Reuters) - ChatGPT developer OpenAI's weekly active users surged past 400 million in February, a company spokesperson told Reuters on Thursday, highlighting rapid growth in the adoption of artificial intelligence tools.The Microsoft-backed MSFT.O startup had 300 million weekly active use...
Reuters
Thu, Feb 20
Forex
Market jitters over trade fade as investors call 'Tariff Man' Trump's bluff
Markets show reduced sensitivity to U.S. tariff newsInvestors shift focus to Ukraine ceasefire, China tech Some fear markets are complacent By Alun John and Naomi Rovnick LONDON, Feb 20 (Reuters) - The outsized swings in markets on the back of Donald Trump's every word on tariffs just weeks a...
Reuters
Thu, Feb 20
Other
US State Department orders pause on media subscriptions
Updates Feb. 19 story on Feb. 20 to add comment from the Economist in paragraph 10By Simon LewisWASHINGTON, Feb 19 (Reuters) - The U.S. State Department said on Thursday it has ordered a pause on all of its media subscriptions as part of government-wide efforts by the Trump administration to cut spe...
Reuters
Thu, Feb 20
Other
Marsh grows Fast Track capacity to 10%, eyes $1 billion total bound premium in 2025
By Rebecca DelaneyFeb 20 - (The Insurer) - Marsh has expanded its follow-form Fast Track facility to offer up to 10% automatic capacity across clients' entire P&C portfolios and specialty risks.The expansion is effective from March 1, 2025.Launched in April 2023, the global facility does not...
Reuters
Thu, Feb 20
Other
Labor groups sue Trump administration over mass firings of probationary employees
Feb 20 (Reuters) - Several labor groups sued the Trump administration for allegedly firing tens of thousands of probationary employees illegally, as part of its drive to overhaul the federal government.In a complaint filed on Wednesday night in San Francisco federal court, the groups said the Office...
Reuters
Thu, Feb 20
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