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Kennedy Center board, with Trump as the new chair, fires its president
By Jeff MasonWASHINGTON, Feb 12 (Reuters) - President Donald Trump proceeded with an overhaul of the John F. Kennedy Center for the Performing Arts on Wednesday, becoming chairman of the organization and firing its president, Deborah Rutter.The Kennedy Center said in a statement that its board of tr...Reuters
Wed, Feb 12
Commodities
Cost cuts help Albemarle's results offset low lithium prices
Adds earnings comparison, stock movement, CEO comment, details on divisional performance Feb 12 (Reuters) - Albemarle ALB.N, the world's largest producer of lithium, swung to a quarterly profit as cost cuts helped offset low prices of the electric vehicle battery metal, but adjusted results r...Reuters
Wed, Feb 12
Other
Sun Life's profit falls on weakness in group-health protection business
Feb 12 (Reuters) - Sun Life Financial SLF.TO reported a fall in its fourth-quarter profit on Wednesday, hurt by weakness in its group-health protection business.Canada's second-largest life insurer's underlying net income was C$965 million ($674.59 million), or C$1.68 per share, for the thre...Reuters
Wed, Feb 12
Stocks
Rezolute Inc reports results for the quarter ended December 31 - Earnings Summary
Rezolute Inc RZLT.OQ reported a quarterly adjusted loss of 22 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -27 cents. The mean expectation of nine analysts for the quarter was for a loss of 25 cents per share. Wall Str...Reuters
Wed, Feb 12
Stocks
HubSpot Earnings: No AI Boost in 2025
Here's our initial take on HubSpot's (NYSE: HUBS) fourth-quarter financial report.Key MetricsMetricQ4 2023Q4 2024Changevs. ExpectationsRevenue$581.9 million$703.1 million 21%BeatAdjusted earnings per share$1.83$2.42 32%BeatCustomers205,091247,939 21%n/aSubscription revenue per customer$11,365$11,312...The Motley Fool
Wed, Feb 12
Commodities
BRIEF-Valero Benicia, California Refinery Reports Flaring Due To Mechanical Issue
Feb 12 (Reuters) - Valero Energy Corp VLO.N:REPORTS FLARE STACKS WILL OPERATE INTERMITTENTLY FOR THE NEXT SEVERAL DAYS DUE TO A MECHANICAL ISSUE AT BENICIA, CALIFORNIA REFINERYSOURCE: CITY OF BENICIA FIRE DEPARTMENTCAPACITY: 145,000 BARRELS PER DAYFurther company coverage: VLO.NReuters
Wed, Feb 12
Stocks
Rollins: Revenue Climbs, Margin Slips
Rollins (NYSE:ROL), a pest control services provider operating globally under well-known brands like Orkin, reported its Q4 and fiscal year 2024 earnings on Feb. 12, 2025. The headline from this release was the revenue topping estimates at $832 million against the expected $817 million, marking a 10...The Motley Fool
Wed, Feb 12
Commodities
Exxon seeks permit for its eighth oil, gas project in Guyana as output rises
Corrects spelling of 'Uaru' in paragraphs 12,13Eighth project Longtail aims to add 250,000 bpd oil, 1 bcfd of gas in 2030Oil output capacity to hit 1.7 mln bpd with seventh project in 2029Exxon-led group completes appraisal of gas resources FPSO for fourth project on track to arrive in comi...Reuters
Wed, Feb 12
Economic Indicator
Administrative judges' lawsuit says DOGE inquiry threatens their safety
By Karen Sloan Feb 12 (Reuters) - Administrative law judges claim that the potential disclosure of their personal information sought by the Department of Government Efficiency threatens their safety, in a lawsuit that joins a wave of actions seeking to disrupt the Trump administration's effor...Reuters
Wed, Feb 12
Stocks
Why Denny's Stock Crashed to Within Inches of Its Lowest Price in Over 10 Years Today
Shares of restaurant company Denny's (NASDAQ: DENN) crashed on Wednesday after reporting financial results for the fourth quarter of 2024 and providing a business update -- an update that greatly troubled investors. As of 3:15 p.m. ET, Denny's stock was down 22% and was within a few percentage point...The Motley Fool
Wed, Feb 12
Other
Healthcare REIT Ventas beats quarterly FFO estimates on senior housing demand
Feb 12 (Reuters) - Ventas VTR.N posted better-than-expected funds from operations (FFO) for the fourth quarter on Wednesday, driven by strong demand for its assisted living and senior housing properties. The Chicago-based healthcare-centric real estate investment trust (REIT) owns and leases seni...Reuters
Wed, Feb 12
Stocks
Paycom Software: EPS Surges in Q4
Human capital management (HCM) solutions specialist Paycom Software (NYSE:PAYC) reported fourth-quarter earnings on Wednesday, Feb. 12, that topped analysts' consensus expectations. Revenue in Q4 reached $493.8 million, exceeding both management's guidance and the analyst consensus of $481 million. ...The Motley Fool
Wed, Feb 12
Stocks
BUZZ-MGM soars on Q4 results beat
** Shares of casino operator MGM Resorts International MGM.N up 8.6% at $37.32 after the bell ** Company beat fourth-quarter profit and revenue estimates aided by strength from more bookings across its properties.** MGM earned adjusted profit of 45 cents per share, ahead of analysts' estimate of...Reuters
Wed, Feb 12
Commodities
LIVESTOCK-CME hog futures hit new highs on technical trading, strong demand
By Heather Schlitz Feb 12 (Reuters) - Chicago Mercantile Exchange hog futures notched new contract highs on Wednesday on short covering, a tighter supply of slaughter-ready hogs and strong demand for U.S. pork, traders said. Live cattle futures ended slightly lower and feeder cattle futures ticke...Reuters
Wed, Feb 12
Stocks
Cisco Systems Inc reports results for the quarter ended January 31 - Earnings Summary
Cisco Systems Inc CSCO.OQ reported quarterly adjusted earnings of 94 cents per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of 87 cents. The mean expectation of seventeen analysts for the quarter was for earnings of 91 cents per...
Reuters
Wed, Feb 12
Stocks
MGM Resorts International reports results for the quarter ended December 31 - Earnings Summary
MGM Resorts International MGM.N reported quarterly adjusted earnings of 45 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $1.06. The mean expectation of sixteen analysts for the quarter was for earnings of 30 cents per sh...Reuters
Wed, Feb 12
Stocks
Veeco Instruments Inc reports results for the quarter ended December 31 - Earnings Summary
Veeco Instruments Inc VECO.OQ reported quarterly adjusted earnings of 41 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 51 cents. The mean expectation of seven analysts for the quarter was for earnings of 40 cents per sha...Reuters
Wed, Feb 12
