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Exclusive: RB Jones launches motor truck cargo product led by former Axa XL Americas marine CUO Perrotti
By Mia MacGregorFeb 18 - (The Insurer) - Michigan-based MGU RB Jones has launched a new motor truck cargo product, led by former longtime Axa XL CUO for marine in the Americas, Mike Perrotti.The new offering provides coverage for a motor carrier’s liability in cases of loss or damage to third-party ...Reuters
Wed, Feb 19
Cryptocurrencies
Mantra Finance secures Dubai’s VASP license to expand crypto services
Mantra Finance, a top-class decentralized finance and real-world asset tokenization platform, has secured a virtual asset service provider (VASP) license from Dubai's Virtual Assets Regulatory Authority (VARA).Cryptopolitan
Wed, Feb 19
Commodities
BRIEF-Constellation Ahead of Schedule for Crane Clean Energy Center Launch
Feb 19 (Reuters) - Constellation Energy Corp CEG.O:SAYS AHEAD OF SCHEDULE ON CRANE CLEAN ENERGY CENTER LAUNCH, FIVE MONTHS AFTER ITS ANNOUNCEMENT AND LANDMARK POWER PURCHASE AGREEMENT WITH MICROSOFT TO RESTART THREE MILE ISLAND UNIT 1SAYS HAS FILED AN INTERCONNECTION REQUEST WITH PJM TO ALLOW CRANE ...Reuters
Wed, Feb 19
Other
Trump calling Zelenskiy 'dictator' is 'false and dangerous', Germany's Scholz says
BERLIN, Feb 19 (Reuters) - German Chancellor Olaf Scholz said on Wednesday that U.S. President Donald Trump calling Ukrainian President Volodymyr Zelenskiy a 'dictator' is 'false and dangerous', German newspaper Spiegel reported. "It is simply wrong and dangerous to deny Presiden...Reuters
Wed, Feb 19
Commodities
US Cash Grains-Soybean basis bids steady to firm, corn bids mixed
CHICAGO, Feb 19 (Reuters) - Spot basis bids for soybeans delivered to river elevators and processing facilities around the U.S. Midwest were steady to firm on Wednesday, while bids at interior elevators were mostly unchanged, dealers said.* Spot corn basis bids were flat at interior and river elevat...Reuters
Wed, Feb 19
Stocks
BUZZ-Louisiana-Pacific tumbles after Q4 results, outlook
Updates, adds context of U.S.housing data, changes headline** Shares of Louisiana-Pacific LPX.N down 9.9% at $101.81 on Weds after building products firm's qtrly results and guidance fail to enthuse** LPX shares on course for biggest one-day pct drop since Aug 2, 2023. Stock falls as low as $97....Reuters
Wed, Feb 19
Commodities
Med crude-Urals diffs stable, Syzran refinery suspends operations after drone attack
MOSCOW, Feb 19 (Reuters) - Urals crude differentials to dated Brent were unchanged on Wednesday, while Rosneft's Syzran refinery in Samara region suspended operations following a drone attack, two sources told Reuters.Syzran oil refinery, with a capacity of 150,000 barrels per day, suspended oil...Reuters
Wed, Feb 19
Other
FAA says Elon Musk DOGE team will help engineer solutions on airspace reforms
WASHINGTON, Feb 19 (Reuters) - Personnel from Elon Musk's government downsizing team DOGE will make additional visits to Federal Aviation Administration facilities as they assist in efforts to modernize U.S. national airspace, the acting head of the agency said Wednesday.Acting FAA Administrator...Reuters
Wed, Feb 19
Stocks
Why Perion Network Stock Is Plummeting Today
Perion Network (NASDAQ: PERI) stock is getting hit with big sell-offs in Wednesday's trading. The ad tech company's share price was down 11.7% as of 12:40 p.m. ET and had been off as much as 15.2% earlier today.Perion reported its fourth-quarter results before the market opened this morning, and inv...The Motley Fool
Wed, Feb 19
Other
Gerresheimer draws interest from Phillips-Medisize and Bain, Bloomberg News reports
Feb 19 (Reuters) - German medical packaging maker Gerresheimer GXIG.DE has garnered interest from US medical solutions company Phillips-Medisize and buyout firm Bain Capital for parts or all of Gerresheimer, Bloomberg News reported on Wednesday, citing sources.Phillips-Medisize and Bain join a list ...Reuters
Wed, Feb 19
Stocks
BUZZ-Materion rises on upbeat quarterly results
** Shares of alloys and chemicals maker Materion MTRN.N up 4.01% at $103.74** Co posts Q4 sales of $436.9 million, above analysts' average estimate of $433.2 million, according to data compiled by LSEG** Also reports Q4 adj. profit of $1.55 per share, above analysts' average estimate of $1.4...Reuters
Wed, Feb 19
Other
EXCLUSIVE-Vanguard pauses corporate meetings over new ESG guidance
Adds comment from VanguardBy Ross Kerber Feb 19 (Reuters) - Top mutual fund manager Vanguard has paused meetings with portfolio companies while it reviews the impact of new guidance on investor activism from the U.S. Securities and Exchange Commission, according to people familiar with the matter...Reuters
Wed, Feb 19
Commodities
Europe Gasoline/Naphtha-Gasoline margins edge up
LONDON, Feb 19 (Reuters) - Northwest European gasoline refining profit margins rose by 11 cents on Wednesday to $9.37 a barrel, while a gasoline cargo traded in northwest Europe.A total of 6,000 metric tons of E5 gasoline barges traded, as TotalEnergies and Trafigura sold barges to ExxonMobil, Litas...Reuters
Wed, Feb 19
Cryptocurrencies
US Press Secretary Karoline Leavitt slams Democrats’ hypocrisy over D.O.G.E
White House Press Secretary Karoline Leavitt blasted Democrats on Monday night on Fox News’ Hannity for their “fake outrage” over Donald Trump’s decision to audit Social Security through Elon Musk’s Department of Government Efficiency (D.O.G.E). Karoline pointed out that Barack Obama, Bill Clinton, and Joe Biden all made similar promises about cracking down on government […]Cryptopolitan
Wed, Feb 19
Stocks
SolarEdge Technologies (SEDG) Q4 2024 Earnings Call Transcript
Image source: The Motley Fool.SolarEdge Technologies (NASDAQ: SEDG)Q4 2024 Earnings CallFeb 19, 2025, 8:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorWelcome to the SolarEdge conference call for the fourth quarter and year ended December 31...The Motley Fool
Wed, Feb 19
Stocks
Why Wingstop Stock Plunged to a 52-Week Low Today
Since it went public in 2015, Wingstop (NASDAQ: WING) has been one of the greatest restaurant stock investments. This means it trades at 52-week highs more often than 52-week lows. But after reporting financial results for the fourth quarter of 2024, Wingstop stock finds itself at 52-week lows, havi...The Motley Fool
Wed, Feb 19
Other
NEWSMAKER-Who is Dale Ho, the judge deciding whether to drop Eric Adams' case?
Ho was nominated to the bench by Biden administrationAdams case tests Justice Department's political independenceHo has apologized for 'overheated' social media postsBy Luc Cohen NEW YORK, Feb 19 (Reuters) - Dale Ho, the judge deciding whether to drop the corruption case against New Y...Reuters
Wed, Feb 19
Other
EXPLAINER-Will Western companies return to Russia?
By Alexander Marrow LONDON, Feb 19 (Reuters) - As Moscow and Washington discuss how to end the war in Ukraine, one of the many questions on investors' minds is whether the corporate exodus from Russia in opposition to the February 2022 invasion of its neighbour may be reversed.As long as broa...Reuters
Wed, Feb 19
