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Portugal's Novo Banco readies for one of Europe's biggest IPOs this year
By Sergio Goncalves LISBON, Feb 13 (Reuters) - Portugal's Novo Banco has begun preparations for an initial public offering (IPO) that could be one of the largest this year, and taps into an upsurge in enthusiasm for listings as indexes hover near multi-year highs.In a statement on Thursday, t...Reuters
Thu, Feb 13
Stocks
US STOCKS-Futures jittery after Trump's latest tariff threat; inflation data awaited
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.Trade Desk falls on downbeat Q1 revenue forecastDeere falls after missing quarterly revenue estimatesMonthly PPI report due at 8:30 a.m. ETFutures: Dow up 0.03%, S&P 500 down 0.08%, Nasdaq ...Reuters
Thu, Feb 13
Stocks
Polish state-owned fund PFR drops plan to bid for Talgo, Expansion reports
Updates with share price and Czech group CSG also a possible bidder MADRID, Feb 13 (Reuters) - Polish state-owned fund PFR has dropped its plan to bid for Spanish train manufacturer Talgo TLGO.MC after the Spanish government opposed the move, Expansion newspaper reported on Thursday, citing unnam...Reuters
Thu, Feb 13
Other
BRIEF-Alithya Group Inc -Aims To Achieve Between 5 And 10 Percent Annualized Organic Growth For Three Years
Feb 13 (Reuters) - Alithya Group Inc ALYA.TO:ALITHYA GROUP INC -AIMS TO ACHIEVE BETWEEN 5 AND 10 PERCENT ANNUALIZED ORGANIC GROWTH FOR THREE YEARSSource text: ID:nCNWG64yxaFurther company coverage: ALYA.TOReuters
Thu, Feb 13
Stocks
Where Will Coinbase Stock Be in 5 Years?
Coinbase (NASDAQ: COIN), one of the world's largest cryptocurrency exchanges, went public via a direct listing in April 2021. Its stock opened at $381, jumped as high as $429.54 during intraday trading, and ended its first day at $328.28. It went through some wild swings and eventually rose to its a...The Motley Fool
Thu, Feb 13
Commodities
UK hopeful on U.S. steel tariffs exemption, business minister says
Recasts with further comments throughoutBy Paul Sandle LONDON, Feb 13 (Reuters) - Britain will seek to persuade the U.S. government that its steel and aluminium products should avoid tariffs due to the sensitive role they play in the U.S. defence sector and its manufacturing supply chains, Britai...Reuters
Thu, Feb 13
Stocks
Does Billionaire Bill Ackman's New Position in Uber Carry a Hidden Opportunity?
Bill Ackman is one of the most closely followed investment personalities on Wall Street. As CEO of hedge fund Pershing Square Capital Management, Ackman has been at the center of some creatively structured investments in recent history.Last week, he posted on social media that his fund had started b...The Motley Fool
Thu, Feb 13
Stocks
1 Unstoppable Artificial Intelligence (AI) Stock to Buy Right Now
In 2023, Bank of America analyst Michael Hartnett coined the term "Magnificent Seven" to describe a group of powerhouse tech stocks, inspired by the classic 1960s Western film. These companies, among the market's most valuable, are leading the way in artificial intelligence (AI), cloud computing, on...The Motley Fool
Thu, Feb 13
Commodities
CORRECTED-Middle East Crude-Benchmarks decline as oil prices dip
Corrects numbers for cash Dubai and GME Oman differential to Dubai, rewrites headline and 1st paragraph accordingly SINGAPORE, Feb 13 (Reuters) - Middle East crude benchmark spot premiums declined for a second session on Thursday, hovering around their lowest level in one month.The drops came aft...Reuters
Thu, Feb 13
Other
BRIEF-Prime Drink Group Announces Its Intention To Unlock The Value Of Its Quebec Water Assets
Feb 13 (Reuters) - Prime Drink Group Corp PRME.CD:PRIME DRINK GROUP ANNOUNCES ITS INTENTION TO UNLOCK THE VALUE OF ITS QUEBEC WATER ASSETSSource text: ID:nGNX4lVPjLFurther company coverage: PRME.CDReuters
Thu, Feb 13
Stocks
Deere&Co. income sinks and net sales miss as group flags economic "challenges"
Investing.com - Deere&Co. has reported a 50% drop in net income and lower-than-anticipated net sales in its fiscal first quarter as the agricultural equipment maker grapples with inventory issuesInvesting.com
Thu, Feb 13
Stocks
BUZZ-MGM up after upbeat Q4 results, brokerages lift PTs
Feb 13 (Reuters) - ** MGM Resorts' shares MGM.N rise 10.3% premarket to $37.87 after casino operator's Q4 results beat estimates** Stock will open at a more-than-two-month high, if gains hold through open** At least five brokerages lift their price targets on stock** Citigroup lifts PT to $5...Reuters
Thu, Feb 13
Stocks
BUZZ-Zebra Technologies slides on dour 2025 forecast
** Shares of barcode scanner maker Zebra Technologies ZBRA.O fall 4.5% to $336.90 before the bell** Co expects FY 2025 rev. growth between 3% and 7% vs analysts' estimate of growth of 8.2% – data compiled by LSEG** Says 2025 adj. EBITDA margin includes $20 mln loss in profit from Trump's tra...Reuters
Thu, Feb 13
Stocks
BUZZ-HanesBrands falls on quarterly sales miss and weak annual forecasts
** Apparel maker HanesBrands' HBI.N shares fall 3.7% to $7.38 premarket** Co posts fourth quarter net sales of $888.4 million, missing analysts' expectations of $950.3 million, according to data compiled by LSEG** Forecasts annual sales between $3.47 billion and $3.52 billion, below estimate...Reuters
Thu, Feb 13
