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Trump scores win in suit challenging Elon Musk's cost-cutting powers
By Jack Queen and Tom Hals NEW YORK, Feb 18 (Reuters) - Donald Trump's administration scored a victory on Tuesday when a judge ruled in its favor in a challenge by a group of state to the authority of the Republican president's chief government cost-cutter Elon Musk. Washington-based ...Reuters
Tue, Feb 18
Other
Rackspace Technology Inc expected to post a loss of 4 cents a share - Earnings Preview
Rackspace Technology Inc RXT.OQ RXT.O is expected to show a fall in quarterly revenue when it reports results on February 20 for the period ending December 31 2024The San Antonio Texas-based company is expected to report a 6.2% decrease in revenue to $674.85 million from $719.7 million a year ago,...Reuters
Tue, Feb 18
Other
CTO Realty Growth Inc expected to post earnings of 1 cent a share - Earnings Preview
CTO Realty Growth Inc CTO.N, CTO is expected to show a rise in quarterly revenue when it reports results on February 20 for the period ending December 31 2024The Winter Park Florida-based company is expected to report a 11.7% increase in revenue to $33.379 million from $29.89 million a year ago, a...Reuters
Tue, Feb 18
Other
Employers Holdings Inc expected to post earnings of $1.09 a share - Earnings Preview
Employers Holdings Inc EIG.N, EIG is expected to show a fall in quarterly revenue when it reports results on February 20 for the period ending December 31 2024The Reno Nevada-based company is expected to report a 2.0% decrease in revenue to $221.175 million from $225.7 million a year ago, accordin...Reuters
Tue, Feb 18
Commodities
ERCOT expects surging power demand as cold freeze grips Texas
Feb 18 (Reuters) - The Electric Reliability Council of Texas (ERCOT) said on Tuesday it anticipates a surge in system demand later in the day as extremely cold temperatures grip the region."To ensure as much generation as possible is available to serve system demand, ERCOT has requested that the...Reuters
Tue, Feb 18
Other
Centerra Gold Inc expected to post earnings of 19 cents a share - Earnings Preview
Centerra Gold Inc CG.TO is expected to show a fall in quarterly revenue when it reports results on February 20 for the period ending December 31 2024The Toronto Ontario-based company is expected to report a 6.3% decrease in revenue to $318.415 million from $339.96 million a year ago, according to...Reuters
Tue, Feb 18
Other
Pershing Square proposes to buy 10 million shares in Howard Hughes for $90 per share
Feb 18 (Reuters) - Bill Ackman's Pershing Square Capital Management said on Tuesday it was revising its proposal to Howard Hughes Holdings HHH.N and would pay $90 per share to buy 10 million newly issued shares in the real estate developer.Reuters
Tue, Feb 18
Other
Silver Lake nears deal for majority stake in Intel's Altera unit, Bloomberg News reports
Feb 18 (Reuters) - Buyout firm Silver Lake is in exclusive talks to purchase a majority stake in Intel's INTC.O programmable chip business Altera, Bloomberg News reported on Tuesday, citing people with knowledge of the matter.Silver Lake is finalizing the details of the investment, Bloomberg rep...Reuters
Tue, Feb 18
Other
BRIEF-Payments Processor Shift4 Strikes $1.5 Billion Deal For Global Blue Group - WSJ
Feb 18 (Reuters) - PAYMENTS PROCESSOR SHIFT4 STRIKES $1.5 BILLION DEAL FOR TAX-FREE SHOPPING NETWORK GLOBAL BLUE GROUP - WSJSHIFT4 PAYMENTS EXPECTS TO PAY $7.50 PER SHARE IN CASH - WSJSource text: https://tinyurl.com/283f8vxrFurther company coverage: FOUR.NReuters
Tue, Feb 18
Other
Vox Royalty Corp expected to post breakeven results a share - Earnings Preview
Vox Royalty Corp VOXR.TO is expected to show a fall in quarterly revenue when it reports results on February 20 for the period ending December 31 2024The Toronto Ontario-based company is expected to report a 6.6% decrease in revenue to $2.8 million from $3 million a year ago, according to the mea...Reuters
Tue, Feb 18
Other
ACCO Brands Corp expected to post earnings of 41 cents a share - Earnings Preview
ACCO Brands Corp ACCO.N, ACCO.K is expected to show a fall in quarterly revenue when it reports results on February 20 for the period ending December 31 2024The Lake Zurich Illinois-based company is expected to report a 6.9% decrease in revenue to $455.067 million from $488.6 million a year ago, a...Reuters
Tue, Feb 18
Other
Trump signs executive order expanding access to IVF, White House says
Feb 18 (Reuters) - U.S. President Donald Trump has signed an executive order to expand access to in vitro fertilization, White House Press Secretary Karoline Leavitt said on Tuesday."The Order directs policy recommendations to protect IVF access and aggressively reduce out-of-pocket and health p...Reuters
Tue, Feb 18
Other
Universal Electronics Inc expected to post earnings of 10 cents a share - Earnings Preview
Universal Electronics Inc UEIC.OQ UEIC.O is expected to show a rise in quarterly revenue when it reports results on February 20 for the period ending December 31 2024The Scottsdale Arizona-based company is expected to report a 5.0% increase in revenue to $102.466 million from $97.59 million a year...Reuters
Tue, Feb 18
Other
Resideo Technologies Inc expected to post earnings of 57 cents a share - Earnings Preview
Resideo Technologies Inc REZI.N, REZI.K is expected to show a rise in quarterly revenue when it reports results on February 20 for the period ending December 31 2024The Scottsdale Arizona-based company is expected to report a 19.5% increase in revenue to $1.836 billion from $1.54 billion a year ag...Reuters
Tue, Feb 18
Other
Ryan Specialty Holdings Inc expected to post earnings of 45 cents a share - Earnings Preview
Ryan Specialty Holdings Inc RYAN.N, RYAN.K is expected to show a rise in quarterly revenue when it reports results on February 20 for the period ending December 31 2024The Chicago Illinois-based company is expected to report a 23.6% increase in revenue to $658.653 million from $532.86 million a ye...Reuters
Tue, Feb 18
Other
Re/Max Holdings Inc expected to post earnings of 29 cents a share - Earnings Preview
Re/Max Holdings Inc RMAX.N, RMAX.K is expected to show a fall in quarterly revenue when it reports results on February 20 for the period ending December 31 2024The Denver Colorado-based company is expected to report a 2.9% decrease in revenue to $74.355 million from $76.6 million a year ago, accor...Reuters
Tue, Feb 18
Forex
Deals of the day-Mergers and acquisitions
Adds Kraft Heinz, Trucordia, Agilis Partners, Tether, HSBC; Updates H&E Equipment Services Feb 18 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2055 GMT on Tuesday:** Global packaged food group Kraft Heinz KHC.O is working with investment bank Houlihan L...Reuters
Tue, Feb 18
