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Stocks
BUZZ-Watsco rises as fourth-quarter results beat estimates
Updates** Shares of air conditioning and refrigeration equipment distributor Watsco WSO.N up as much as 9% at $527.29 in early trade** Stock set for best day in more than three months if gains last** Q4 sales rise 9.4% to $1.75 billion, beating estimates of $1.66 billion - data compiled by LSEG** He...Reuters
Tue, Feb 18
Other
Hub names Murphy as North American casualty practice leader
By Mia MacGregorFeb 18 - (The Insurer) - Hub International Limited has appointed Carol Murphy as North American casualty practice leader, based in Chicago.With more than 30 years of experience, Murphy joined Hub in January 2023 as an executive vice president. Before joining Hub, she spent over a dec...Reuters
Tue, Feb 18
Cryptocurrencies
OKX secures MiCA license, now passporting crypto services to 28 EEA countries
OKX has officially been added to the list of MiCA-licensed global crypto exchanges to passport its services across Europe. The exchange that secured its MiCA license on January 27, 2025, can now offer crypto services to over 400 million people in 28 EEA countries. OKX says that users will have access to more than 240 […]Cryptopolitan
Tue, Feb 18
Cryptocurrencies
BRIEF-MicroCloud Hologram Invests To Develop Quantum Asymmetric Consensus Chain Algorithm Technology Based On Bitcoin Blockchain
Feb 18 (Reuters) - MicroCloud Hologram Inc HOLO.O:MICROCLOUD HOLOGRAM INC. INVESTS TO DEVELOP QUANTUM ASYMMETRIC CONSENSUS CHAIN ALGORITHM TECHNOLOGY BASED ON BITCOIN BLOCKCHAINMICROCLOUD HOLOGRAM: TO ALLOCATE NO MORE THAN $200 MILLION FOR INVESTMENT IN DERIVATIVES AND TECHNOLOGY DEVELOPMENT IN FIEL...Reuters
Tue, Feb 18
Stocks
BUZZ-Nike rises after partnership with Kim Kardashian's Skims
** Nike Inc's NKE.N shares up nearly 3% at $75.22 in early trade** Company says it is teaming up with Kim Kardashian-owned shapewear label Skims to launch "NikeSKIMS" brand in the U.S. ** NikeSKIMS product line will contain training apparel, footwear and accessories for women** Says a gl...Reuters
Tue, Feb 18
Stocks
BUZZ-Baidu's US-listed shares fall on Q4 ad business slowdown
** Chinese search-engine provider Baidu's BIDU.O U.S.-listed shares drop 6.9% to $90.83 in morning trading** Excluding its streaming service iQIYI, Baidu's online marketing business, which contributes a major part to its revenue, was down 7% from a year earlier to 17.9 bln yuan ($2.46 billio...Reuters
Tue, Feb 18
Commodities
EXCLUSIVE-Lebanese government to seek new IMF programme, policy statement says
Adds finance minister comments to Reuters in paragraphs 5-6By Laila Bassam and Tom Perry BEIRUT, Feb 18 (Reuters) - Lebanon's new government will negotiate with the International Monetary Fund for a new programme and will work to deal with the country's financial default and public debt, ...Reuters
Tue, Feb 18
Commodities
BUZZ-COMMENT-AUD/USD risks remain tilted to the upside after RBA cuts
Feb 18 (Reuters) - AUD/USD traded slightly lower Tuesday after the RBA cut rates for the first time in 5-years, but the pair's resiliency suggests investors could be focused more on upside risks.Investors deemed the RBA's policy change as a hawkish cut as the central bank was cautious on the...Reuters
Tue, Feb 18
Stocks
BUZZ-Bath & Body Works up after J.P.Morgan upgrades to 'overweight'
Updates** Shares of beauty and skincare firm Bath & Body Works BBWI.N rise as much as 7.9% to $39.35 in early trading** Stock set for its best day in nearly three months, if gains hold** Brokerage J.P.Morgan upgrades stock to "overweight" from "neutral", cites potential for reven...Reuters
Tue, Feb 18
Other
Trucordia acquires CA-based Boater's Insurance Agency, expanding marine offerings
By Mia MacGregorFeb 18 - (The Insurer) - Trucordia has acquired the insurance business of Boater’s Insurance Agency, a San Francisco Bay Area-based firm specialising in marine insurance solutions and services.Founded in 1989, Boater’s Insurance is a family-owned and operated agency licensed in all 5...Reuters
Tue, Feb 18
Stocks
2 Undervalued Growth Stocks Investors Can Buy Right Now in 2025
Investing in growth stocks could lead to spectacular returns for long-term investors.Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free »*Stock prices used were the afternoon prices of Feb. 14, 2025. The video was published on Feb. 16, 2025.Don’...The Motley Fool
Tue, Feb 18
Other
Kraft Heinz aims to sell its baby food brand Plasmon, sources say
MILAN, Feb 18 (Reuters) - Global packaged food group Kraft Heinz KHC.O is working with investment bank Houlihan Lokey to sell its Italy-based infant food product brand Plasmon, two sources close to the matter said on Tuesday.Kraft Heinz tried to sell the Italian business back in 2019 but eventually ...Reuters
Tue, Feb 18
Other
BRIEF-Union Pacific Corp - Establishes $1.5 Billion Share Repurchase Programs
Feb 18 (Reuters) - Union Pacific Corp UNP.N:UNION PACIFIC CORP - ESTABLISHES $1.5 BILLION SHARE REPURCHASE PROGRAMSUNION PACIFIC CORP - FINAL SETTLEMENT OF ASRS EXPECTED BY END OF Q3 2025Source text: [ID:n0000100885-25-000082]Further company coverage: UNP.NReuters
Tue, Feb 18
Other
BUZZ-J.P. Morgan raises Brookfield PT on insurance business tailwinds, fundraising strength
** J.P. Morgan raises PT on alternative asset manager Brookfield Corp BN.TO to $66 from $61, citing accelerating insurance flows and fundraising strength** New PT is an over 8.52% upside to stock's last close** Brokerage says the insurance business could be a key growth engine looking ahead** Sa...Reuters
Tue, Feb 18
Other
BRIEF-Genprex Provides Update On Diabetes Gene Therapy Program
Feb 18 (Reuters) - Genprex Inc GNPX.O:GENPREX PROVIDES UPDATE ON DIABETES GENE THERAPY PROGRAMGENPREX INC - SIGNS NEW EXCLUSIVE LICENSE AGREEMENT WITH UNIVERSITY OF PITTSBURGH OF COMMONWEALTH SYSTEM OF HIGHER EDUCATIONGENPREX INC - FORMS WHOLLY-OWNED SUBSIDIARY, CONVERGEN BIOTECHGENPREX INC - TO SEE...Reuters
Tue, Feb 18
Other
Musk's team may access US Education Department systems, judge rules
Trump has called for abolishing the Education DepartmentDOGE leads Trump's efforts to shrink, overhaul government By Nate Raymond Feb 18 (Reuters) - A U.S. judge has rejected a bid to bar the government downsizing team created by President Donald Trump and spearheaded by billionaire Elon M...Reuters
Tue, Feb 18
Other
BRIEF-DTE Energy Co Files For Offering Of 2025 Series A Senior Notes Size Not Disclosed- SEC Filing
Feb 18 (Reuters) - DTE Energy Co DTE.N:DTE ENERGY CO FILES FOR OFFERING OF 2025 SERIES A SENIOR NOTES; SIZE NOT DISCLOSED- SEC FILINGSource text: [ID:n0001193125-25-028206]Further company coverage: DTE.NReuters
Tue, Feb 18
Other
BRIEF-Painreform Executes Definitive Agreement To Acquire Deepsolar, Marking A Unique Expansion Opportunity
Feb 18 (Reuters) - PainReform Ltd PRFX.O :PAINREFORM EXECUTES DEFINITIVE AGREEMENT TO ACQUIRE DEEPSOLAR, MARKING A UNIQUE EXPANSION OPPORTUNITYSource text: ID:nGNX5C8k8CFurther company coverage: PRFX.OReuters
Tue, Feb 18
