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Commodities
Ex-Gunvor employee found guilty of corruption by Swiss court
Adds details throughout GENEVA, Feb 20 (Reuters) - A top Swiss court on Thursday found a former employee of commodity trading firm Gunvor guilty of corrupting officials in the Republic of Congo in exchange for oil contracts.The case is a rare incident of a corruption case involving Switzerland...Reuters
Thu, Feb 20
Stocks
Endava Misses Revenue Estimate in Q2
Endava (NYSE:DAVA), a technology service provider specializing in IT and digital advisory, reported fiscal 2025 second-quarter results on Thursday, Feb. 20, that fell short of analysts' consensus expectations. Revenue of 195.6 million British pounds rose 6.6% year over year but missed the expected 2...The Motley Fool
Thu, Feb 20
Commodities
U.S. nuclear power plant outages
Adds outages tableFeb 20 (Reuters) - The following table lists total U.S. nuclear power generation capacity and the capacity offline due to planned and unplanned reasons, according to the daily data from the U.S. Nuclear Regulatory Commission.Total capacity EL-USTOTCAP-MW ......... 96,986 MW ...Reuters
Thu, Feb 20
Stocks
BUZZ-Cenovus Energy falls after lower fourth-quarter profit
Updates** Shares of Canadian oil and gas producer Cenovus Energy CVE.TO fall 3.8% to C$21.42 ** Company's fourth-quarter profit falls ~80% from a year ago due to lower commodity prices and weak refining margins** Q4 profit falls to C$146 million ($102.78 million), or 7 Canadian cents/share, from...Reuters
Thu, Feb 20
Economic Indicator
US State Department revises China webpage to focus on trade, business curbs
State Department says updates reflect current administration’s policies and priorities Changes highlight trade deficit, US business concernsNo mention of China aid or working with allies on common valuesAccuses Beijing of attempting to 'subvert' international bodiesAdds State Department, par...Reuters
Thu, Feb 20
Stocks
BUZZ-Shake Shack rises on quarterly results beat
Updates** Fast food chain Shake Shack's SHAK.N shares up 12.3% at $124.9 ** Co posts fourth-quarter revenue of $328.7 million, beating analysts' expectations of $328.4 million, according to data compiled by LSEG** SHAK reports Q4 earnings of 26 cents per share, excluding items, topping estim...Reuters
Thu, Feb 20
Stocks
BUZZ-Insmed falls on weak 2025 sales forecast for lead drug
** Drugmaker Insmed's INSM.O shares fall 1.6% to $82.45 ** Co forecasts 2025 revenue of $405 million to $425 million for their drug Arikayce, compared with analysts' expectations of $433 million as per data compiled by LSEG ** Co reports Q4 revenue of $104.4 million, higher th...Reuters
Thu, Feb 20
Other
Zelenskiy meets US's Kellogg in Kyiv, joint news conference cancelled
Feb 20 (Reuters) - President Volodymyr Zelenskiy on Thursday met the U.S. envoy for the war in Ukraine Keith Kellogg, the RBC-Ukraine outlet reported, but their following joint news conference was cancelled at the U.S.'s request, Zelenskiy's office said.Reuters
Thu, Feb 20
Stocks
BUZZ-FX options wrap - JPY leads vol bounce with central bank help
Feb 20 (Reuters) - Broader FX option implied volatility hit new 2025 lows before some pairings posted fresh gains in the last 24 hours.USD/JPY led the move after spot finally broke the key support at 150.93 to test below 150.00. This lifted 1-month implied volatility to 10.85 at Thursday's Londo...Reuters
Thu, Feb 20
Stocks
Innergex Renewable Energy Inc reports results for the quarter ended December 31 - Earnings Summary
Innergex Renewable Energy Inc INE.TO reported quarterly adjusted earnings of 33 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -4 cents. The mean expectation of three analysts for the quarter was for a loss of 2 cents pe...Reuters
Thu, Feb 20
Stocks
BUZZ-Lam Research gains as brokerages raise PT on memory chips upgrade opportunity
Updates** Chipmaking tools supplier Lam Research's LRCX.O shares rise 4.2% to $91.35** At least six brokerages raise PT; Susquehanna makes the most bullish call by raising PT to $125 from $75, an upside of ~43% to stock's last close** Susquehanna upgrades rating to "positive" from &#...Reuters
Thu, Feb 20
Other
Quantum computing stocks rise as Microsoft's new chip heats up debate over technology
Updates to after markets open Feb 20 - Quantum computing stocks advanced on Thursday after Microsoft launched a new chip that indicated the technology is not "decades away" as stated by the top boss of AI chip bellwether Nvidia.Microsoft unveiled its Majorana 1 chip on Wednesday and said ...Reuters
Thu, Feb 20
Stocks
BUZZ-Freshpet slips after downbeat annual sales forecast, Q4 results
Updates** Shares of pet food maker Freshpet FRPT.O fall as much as 13% to a more than six-month low of $113.52 in early trading** Company forecasts annual net sales in the range of $1.18 billion to $1.21 billion, largely below estimates of $1.21 billion - LSEG data** Also reports Q4 net sales of $26...Reuters
Thu, Feb 20
Commodities
EU trade chief sees US willingness to reduce tariffs, wants to avoid pain
WASHINGTON, Feb 20 (Reuters) - European Union trade commissioner Maros Sefcovic said on Thursday that his top priority in trade talks with President Donald Trump's administration is to avoid a period of economic pain for both sides from unilateral U.S. tariffs and EU countermeasures.Sefcovic, sp...Reuters
Thu, Feb 20
Other
Israel's Dermer, Trump envoy Witkoff expected to hold U.S. meeting on Gaza deal
WASHINGTON, Feb 20 (Reuters) - Israeli Minister of Strategic Affairs Ron Dermer and White House Middle East envoy Steve Witkoff are expected to meet in the U.S. on Thursday to begin talks on the second phase of the Gaza hostage release and ceasefire deal, an Axios reporter said on Thursday.Reuters
Thu, Feb 20
Stocks
Ardelyx Inc reports results for the quarter ended December 31 - Earnings Summary
Ardelyx Inc ARDX.OQ reported quarterly adjusted earnings of 2 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -12 cents. The mean expectation of nine analysts for the quarter was for breakeven results per share. Wall Stre...Reuters
Thu, Feb 20
Other
Robust security guarantees vital for lasting peace in Ukraine - NATO's Rutte
BRATISLAVA, Feb 20 (Reuters) - It will take robust security guarantees to reach a lasting peace for Ukraine, NATO Secretary-General Mark Rutte said on a visit to Slovakia on Thursday."It is vital that any deal reached brings an enduring peace that Russia will never again try to take one more squ...Reuters
Thu, Feb 20
Stocks
These Were the 5 Top-Performing Stocks in the Nasdaq-100 in January 2025
The first full month of 2025 is in the books, and the stock market is off to a decent start. The major indexes -- the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average -- were up 2.7%, 1.6%, and 4.7%, respectively.In a change of pace from previous months, the Nasdaq took a back seat to the...The Motley Fool
Thu, Feb 20
Stocks
Elon Musk's xAI Drops Amazing News to Nvidia Stock Investors
In today's video, I discuss Nvidia (NASDAQ: NVDA) and recent updates affecting the semiconductor giant. To learn more, check out the short video, consider subscribing, and click the special offer link below.*Stock prices used were the after-market prices of Feb. 18, 2025. The video was published on ...The Motley Fool
Thu, Feb 20
