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QuidelOrtho Corp reports results for the quarter ended December 31 - Earnings Summary
QuidelOrtho Corp QDEL.OQ reported quarterly adjusted earnings of 63 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $1.17. The mean expectation of nine analysts for the quarter was for earnings of 59 cents per share. Wall ...Reuters
Wed, Feb 12
Other
Trump directs Rubio to reform US Foreign Service
Feb 12 (Reuters) - President Donald Trump on Wednesday issued an executive order directing Secretary of State Marco Rubio to reform the U.S. Foreign Service to ensure "faithful and effective" implementation of Trump's foreign policy agenda.Reuters
Wed, Feb 12
Forex
Trump may dust off 1930 trade discrimination law to back reciprocal US tariffs
Section 338 precedes Most Favored Nation tariff systemLaw allows 50% tariffs for countries discriminating against US commerce Trump has favored tools that allow immediate tariffs in new termUpdates tariffs story link in first paragraphBy David Lawder WASHINGTON, Feb 12 (Reuters) - President Donal...Reuters
Wed, Feb 12
Stocks
Quantum Corp reports results for the quarter ended December 31 - Earnings Summary
Quantum Corp QMCO.OQ reported a quarterly adjusted loss of 81 cents per share for the quarter ended December 31. The mean expectation of two analysts for the quarter was for a loss of 72 cents per share. Wall Street expected results to range from -75 cents to -70 cents per share.Revenue rose 0.9%...Reuters
Wed, Feb 12
Stocks
MKS Instruments Inc reports results for the quarter ended December 31 - Earnings Summary
MKS Instruments Inc MKSI.OQ reported quarterly adjusted earnings of $2.15 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $1.17. The mean expectation of fourteen analysts for the quarter was for earnings of $1.95 per share. Wal...Reuters
Wed, Feb 12
Other
Senators call for increased funding, staffing for air traffic control
WASHINGTON, Feb 12 (Reuters) - Two U.S. senators on Wednesday called for increased funding and staffing for Federal Aviation Administration air traffic control after a fatal crash.Senators Jeanne Shaheen, a Democrat, and Republican John Hoeven in a letter urged the FAA to work with Congress and the ...Reuters
Wed, Feb 12
Stocks
STAG Industrial Inc reports results for the quarter ended December 31 - Earnings Summary
STAG Industrial Inc STAG.N reported quarterly adjusted earnings of 26 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 23 cents. The mean expectation of four analysts for the quarter was for earnings of 19 cents per share....Reuters
Wed, Feb 12
Stocks
Rollins Inc reports results for the quarter ended December 31 - Earnings Summary
Rollins Inc ROL.N reported quarterly adjusted earnings of 23 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 21 cents. The mean expectation of eleven analysts for the quarter was for earnings of 23 cents per share. Wall S...Reuters
Wed, Feb 12
Stocks
Upwork Inc reports results for the quarter ended December 31 - Earnings Summary
Upwork Inc UPWK.OQ reported quarterly adjusted earnings of 30 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 20 cents. The mean expectation of ten analysts for the quarter was for earnings of 24 cents per share. Wall Str...Reuters
Wed, Feb 12
Stocks
Casella Waste Systems Inc reports results for the quarter ended December 31 - Earnings Summary
Casella Waste Systems Inc CWST.OQ reported quarterly adjusted earnings of 41 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 13 cents. The mean expectation of nine analysts for the quarter was for earnings of 16 cents per...Reuters
Wed, Feb 12
Stocks
BUZZ-Reddit slumps as Q4 daily active unique visitors miss estimates
** Shares of social media firm Reddit RDDT.N slump 17.5% to $179 in extended trading** Company missed market estimates for daily active unique visitors in the fourth quarter on Wednesday** Reddit's daily active unique visitors rose 39% to 101.7 million in the fourth quarter ended December 31, mi...Reuters
Wed, Feb 12
Stocks
MGM Resorts' Q4 EPS Outpaces Estimates
MGM Resorts International (NYSE:MGM), a leading global hospitality and entertainment company, released its fourth-quarter results on Feb. 12. Significantly, its adjusted EPS came in at $0.45, surpassing expectations of $0.32, as revenues of $4.35 billion exceeded the expected $4.27 billion. However,...The Motley Fool
Wed, Feb 12
Stocks
SolarWinds Corp reports results for the quarter ended December 31 - Earnings Summary
SolarWinds Corp SWI.N reported quarterly adjusted earnings of 51 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 24 cents. The mean expectation of eight analysts for the quarter was for earnings of 27 cents per share. Wal...Reuters
Wed, Feb 12
Other
EXCLUSIVE: CFC global CUO Dan Trueman exits after a year with London MGA
By James ThalerFeb 12 - (The Insurer) - CFC Group’s global chief underwriting officer Dan Trueman is leaving after only a year with the London-based firm, marking the latest significant senior departure from the MGA.According to sources, Trueman and CFC agreed to a mutual parting of the ways this we...Reuters
Wed, Feb 12
Other
US Justice Department will stop defending independence of FTC, NLRB, letter says
Feb 12 (Reuters) - The U.S. Department of Justice will cease defending the independent status of three consumer and worker protection agencies, according to a letter posted by a Democratic member of Congress on Wednesday.The determination applies to the National Labor Relations Board, U.S. Federal T...Reuters
Wed, Feb 12
Commodities
CORRECTED-US Cash Crude-Cash crude grade WTI Midland trades at 9-month high
Corrects headline and text to reflect WTI Midland reached a nine-month high, not MEH Feb 12 (Reuters) - Grades rose on Wednesday, dealers said, with WTI Midland trading at a nine-month high. WTI Midland WTC-WTM rose 5 cents to a midpoint of a $1.30 premium to U.S. crude futures CLc1, its highest ...Reuters
Wed, Feb 12
Stocks
Dutch Bros Q4 Revenue Jumps 35%
Drive-thru coffee chain Dutch Bros (NYSE:BROS) reported fourth-quarter and full-year 2024 earnings on Wednesday, Feb. 12, that exceeded analysts' consensus expectations. Adjusted earnings per share (EPS) of $0.07 came in well above the projected $0.02. Revenue for the quarter skyrocketed to $342.8 m...The Motley Fool
Wed, Feb 12
Other
Unions sue Trump, fearing mass firings of federal employees
Feb 12 (Reuters) - Five unions sued the Trump administration on Wednesday, seeking to block what they called the possible mass firing of hundreds of thousands of federal employees who resist pressure to accept buyouts.In a complaint filed in Washington, D.C. federal court, the unions accused the Whi...Reuters
Wed, Feb 12
Other
Belarus releases three detainees, including an American, White House says
White House confirms release of one American from BelarusJournalist Andrei Kuznechyk, activist Alena Maushuk among those releasedAnother American, Youras Ziankovich, remains imprisoned in BelarusUpdates with the Belarusian embassy in Washington saying it had no comment in paragraph 7By Nandita Bose ...Reuters
Wed, Feb 12
Other
Musk's X agrees to pay about $10 million to settle Trump lawsuit, WSJ reports
Feb 12 (Reuters) - Elon Musk's social media platform X has agreed to pay about $10 million to settle a lawsuit that U.S. President Donald Trump brought against the company and its former chief executive, the Wall Street Journal reported on Wednesday.Reuters
Wed, Feb 12
