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California's $1 billion LA wildfire bill highlights insurers' struggle, analysts say
California asks for $1 billion to support FAIR planHighlights challenges of state's insurance marketIndustry braces for $35 billion lossBy Niket Nishant and Manya Saini Feb 12 (Reuters) - California's levy of $1 billion on private insurers to help pay out wildfire claims in its state-run...Reuters
Wed, Feb 12
Stocks
Why Oatly Stock Is Plummeting Today
Oatly (NASDAQ: OTLY) stock is sinking Wednesday following the release of its fourth-quarter results. The beverage specialist's share price was down 14.3% as of 12:30 p.m. ET and had been off by as much as 15.5% earlier in the session.Oatly published its Q4 results before the market opened, posting a...The Motley Fool
Wed, Feb 12
Economic Indicator
Fed's Bostic: Not comfortable cutting rates again until there is more clarity on inflation, other policies
WASHINGTON, Feb 12 (Reuters) - Atlanta Federal Reserve President Raphael Bostic said on Wednesday it is not clear when the Fed can cut interest rates again given uncertainty around the path of inflation and the scope of possible changes to tariff and other policies coming from the Trump administrati...Reuters
Wed, Feb 12
Stocks
BUZZ-Electromed jumps on Q2 revenue growth
** Medical device maker Electromed's shares ELMD.A rise 11.4% to $32.50** Company late on Tuesday reported second-quarter net revenue of $16.3 million, a rise of 18.7%, from $13.7 million a year ago ** Reported net income of 22 cents per share vs 19 cents per share last year** ELMD makes airway ...Reuters
Wed, Feb 12
Stocks
HIVE Digital Technologies Ltd reports results for the quarter ended December 31 - Earnings Summary
HIVE Digital Technologies Ltd HIVE.V reported quarterly adjusted earnings of 1 cent per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -2 cents. The mean expectation of six analysts for the quarter was for a loss of 10 cents per s...Reuters
Wed, Feb 12
Other
Trump says he spoke with Ukraine's Zelenskiy
WASHINGTON, Feb 12 (Reuters) - U.S. President Donald Trump said on Wednesday he had spoken with Ukrainian President Volodymyr Zelenskiy about the war in Ukraine."The conversation went very well. He, like President Putin, wants to make PEACE," Trump said in a Truth Social post.Reuters
Wed, Feb 12
Stocks
Why Micron Stock Is Falling Today
Micron (NASDAQ: MU) stock is losing ground in Wednesday trading. The company's share price was down 2.5% as of 1 p.m. ET. The stock had been down as much as 7.2% earlier in the session.Micron's valuation is moving lower following announcements at an investor conference the company held later. The me...The Motley Fool
Wed, Feb 12
Stocks
Conduent (CNDT) Q4 2024 Earnings Call Transcript
Image source: The Motley Fool.Conduent (NASDAQ: CNDT)Q4 2024 Earnings CallFeb 12, 2025, 9:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGreetings, and welcome to the Conduent Q4 2024 earnings conference call and webcast. [Operator instructi...The Motley Fool
Wed, Feb 12
Stocks
CVS Health (CVS) Q4 2024 Earnings Call Transcript
Image source: The Motley Fool.CVS Health (NYSE: CVS)Q4 2024 Earnings CallFeb 12, 2025, 8:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning, and thank you all for attending the CVS Health Q4 2024 earnings conference call. My name is...The Motley Fool
Wed, Feb 12
Other
Zelenskiy says he discussed peace, economic deal in 'meaningful' call with Trump
Feb 12 (Reuters) - President Volodymyr Zelenskiy said on Wednesday he had a meaningful conversation with U.S. President Donald Trump, and discussed preparation of a document on security and economic cooperation between countries. "We long talked about opportunities to achieve peace, discussed ou...Reuters
Wed, Feb 12
Other
UFG reports 94.4% Q4 CR, lowest in 11 quarters
By Mia MacGregorFeb 12 - (The Insurer) - United Fire Group (UFG) reported fourth-quarter adjusted operating income of $32.5mn ($1.25 per diluted share) and full-year adjusted operating income of $66.2mn ($2.56 per diluted share), marking its highest annual adjusted operating income since 2015.Operat...Reuters
Wed, Feb 12
Economic Indicator
Fed's Powell says central bank still has access to data it needs
Refiles to add Elon Musk's first name in 4th paragraphBy Michael S. DerbyNEW YORK, Feb 12 (Reuters) - Federal Reserve Chairman Jerome Powell said Wednesday the central bank has not been cut off from any data it needs to do its work. Speaking before a House panel as the Trump administration has b...Reuters
Wed, Feb 12
Commodities
Europe Gasoline/Naphtha-Gasoline margins slip despite US stock fall
LONDON, Feb 12 (Reuters) - Northwest European gasoline refining profit margins fell by about 43 cents on Wednesday to $10.46 a barrel despite an unexpected fall in U.S. inventories, as low export demand weighed.A total of 8,000 metric tons of E5 gasoline traded, as TotalEnergies sold barges to BP, V...Reuters
Wed, Feb 12
Commodities
EU favours negotiations over retaliation to Trump tariffs
EU to discuss response to U.S. tariffs on steel and aluminiumEU prepared with countermeasures, may reactivate 2018 tariffsAdds discussion details from trader ministers meetingBy Philip Blenkinsop and Julia Payne BRUSSELS, Feb 12 (Reuters) - The European Union hopes to avert a damaging trade w...Reuters
Wed, Feb 12
Other
Member of US government employee appeals board sues over Trump firing
Adds date of hearing, comment from Cathy Harris and White House in paragraphs 3-5By Nate Raymond Feb 12 (Reuters) - A Democrat who served at the U.S. agency that hears appeals by federal government employees when they are fired or disciplined has filed a lawsuit challenging Republican U.S. Presid...Reuters
Wed, Feb 12
Economic Indicator
Fed's Goolsbee: more CPI reports like January's would mean job on inflation not done
Feb 12 (Reuters) - Chicago Federal Reserve Bank President Austan Goolsbee on Wednesday said that he did not want to read too much into the hotter-than-expected inflation reading for January, as it followed two earlier months of more encouraging data.But in an interview with the New York Times he sai...Reuters
Wed, Feb 12
Stocks
Why Confluent Stock Is Skyrocketing Today
Shares of Confluent (NASDAQ: CFLT) are seeing explosive gains in Wednesday's trading. The data streaming specialist's share price was up 20% as of 11:45 a.m. ET today. Meanwhile, the S&P 500 index was down 0.7%, and the Nasdaq Composite index was down 0.4%.Confluent published its fourth-quarter resu...The Motley Fool
Wed, Feb 12
Commodities
EU wheat falls as slow exports hang over market
Adds closing price, estimates of Algeria tender result and market positions data PARIS, Feb 12 (Reuters) - Euronext wheat prices slipped on Wednesday as a reduced French exports forecast and initial results reported from an Algerian tender put the focus on weak demand for Western European supplie...Reuters
Wed, Feb 12
Stocks
Why BigBear.ai Stock Is Skyrocketing Today
Shares of BigBear.ai Holdings (NYSE: BBAI) are flying higher on Wednesday. The company's stock gained 11.6% as of 12:35 p.m. ET, but was up as much as 15.5% earlier in the day. The gain comes as the S&P 500 (SNPINDEX: ^GSPC) dropped 0.3% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was flat.BigBear...The Motley Fool
Wed, Feb 12
Stocks
BUZZ-Oil stocks fall on rising US crude stockpiles, hawkish fed comments
** Shares of U.S. oil and gas companies fall, tracking declining oil prices O/R** Brent Crude futures LCOc1 down 1.25% to $76.04/barrel and US West Texas CLc1 down 1.05% to $72.27/barrel, after data showed U.S. crude stockpiles rose by more than expected last week and hawkish remarks from the Federa...Reuters
Wed, Feb 12
