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Forex
CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs
The Canadian dollar weakened against the greenback on Wednesday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.3% lower at C$1.4329 to the greenback, or 69.79 U.S. cents, after trading in a range of 1.428 to 1.4339.Canadian government 10-year bond yields CA10YT=RR...Reuters
Wed, Feb 12
Stocks
Billionaire Bill Ackman Just Revealed His Newest Position. Here's Why I Think the Stock Is a Screaming Buy.
On Friday, Feb. 7, hedge fund manager Bill Ackman took to social media platform X (formerly Twitter) to reveal his firm's newest stock position. This is quite unusual, as investors typically need to wait until institutional investors publish a Form 13F following the end of a quarter to see which sto...The Motley Fool
Wed, Feb 12
Other
Adobe launches AI video tool to compete with OpenAI
By Stephen NellisFeb 12 (Reuters) - Adobe on Wednesday released the first public version of an artificial intelligence tool that can generate video clips and revealed how much it will charge, but said it will not set pricing for major users such as studios until later this year.The Firefly Video Mo...Reuters
Wed, Feb 12
Other
RPT-INSIGHT-Inside the collapse of Nissan and Honda's $60 billion mega deal
Repeats story published earlier; no changes to text.Nissan's pride and denial hindered merger talks, sources sayHonda pushed Nissan for deeper cuts to jobs, factory capacity, sources sayNissan unwilling to consider factory closures, sources sayHonda's proposal to make Nissan a subsidiary cau...Reuters
Wed, Feb 12
Other
Islamic Jihad says fate of hostages it holds is tied to Netanyahu's actions
DUBAI, Feb 12 (Reuters) - The armed wing of Palestinian militant group Islamic Jihad, which has been holding Israeli hostages since October 7, 2023, said on Wednesday that the fate of those hostages was tied to the actions of Israeli Prime Minister Benjamin Netanyahu."The only way to retrieve ho...Reuters
Wed, Feb 12
Stocks
1 Wall Street Analyst Thinks McDonald's Stock Is Going to $349. Is It a Buy Around $310?
McDonald's (NYSE: MCD) may have missed on both the top and bottom lines in its recently reported fourth quarter of 2024, but that didn't stop several analysts from becoming more bullish on its prospects.A clutch of them raised their price targets on the durable fast-food company's shares, one of who...The Motley Fool
Wed, Feb 12
Other
Russia's Putin holds phone call with Syria's Sharaa
MOSCOW, Feb 12 (Reuters) - Russia's President Vladimir Putin held a phone call with Syria's interim leader Ahmed al-Sharaa, the Kremlin said on Wednesday. Russia was a chief backer of Bashar al-Assad, the former president who was toppled by Sharaa in December, and is hoping to retain the use...Reuters
Wed, Feb 12
Other
BRIEF-Federal Signal Completes Acquisition Of Hog Technologies
Feb 12 (Reuters) - Federal Signal FSS.N:FEDERAL SIGNAL COMPLETES ACQUISITION OF HOG TECHNOLOGIES, A LEADING U.S. MANUFACTURER OF ROAD-MARKING, LINE-REMOVAL AND WATERBLASTING EQUIPMENTSource text: ID:nPn9DSdKaFurther company coverage: FSS.NReuters
Wed, Feb 12
Stocks
NYSE CONTENT ADVISORY: PRE-MARKET UPDATE + ANNOUNCEMENT OF NYSE TEXAS
NEW YORK, Feb. 12, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) is proud to offer a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. jwplayer.key="3Fznr2BGJZtpwZmA+81lm048ks6+0NjLX...PR Newswire
Wed, Feb 12
Stocks
BUZZ-Payments firm FIS dips after Susquehanna downgrades to 'neutral'
** Shares of banking and payments processing firm Fidelity National Information Services FIS.N fall 1.6% to $72 premarket** Susquehanna downgrades FIS to "neutral" from "positive"; cuts PT to $81 from $103, which is still a 10.7% upside to stock's last close** FIS stock plunged 1...Reuters
Wed, Feb 12
Other
Barrick will resume operations in Mali once it can ship gold, CEO says
TORONTO, Feb 12 (Reuters) - Barrick Gold ABX.TO CEO Mark Bristow said the miner will resume operations at its shuttered Loulo-Gounkoto mine in Mali once authorities in the country allow it to resume gold shipments.The Canadian miner said its been assured that gold worth about $245 million seized by ...Reuters
Wed, Feb 12
Economic Indicator
INSTANT VIEW-Hot Jan US CPI surprise hurts case for Fed ease soon
Feb 12 (Reuters) - The U.S. consumer price index increased more than expected in January, reinforcing the Federal Reserve's message that it was in no rush to resume cutting interest rates amid growing uncertainty over the economy.The CPI jumped 0.5% last month after gaining 0.4% in December, the...Reuters
Wed, Feb 12
Other
Germany paves way for deployment of police to EU's Gaza-Egypt border mission
Updates with details from government press conferenceBy Alexander Ratz and Rachel More BERLIN, Feb 12 (Reuters) - Germany's cabinet approved the deployment of police to two EU civilian missions in the Palestinian territories on Wednesday, including an operation to monitor the border cross...Reuters
Wed, Feb 12
Other
Hegseth says a return to Ukraine's pre-2014 borders not realistic
BRUSSELS, Feb 12 (Reuters) - A return to Ukraine's pre-2014 borders is an unrealistic objective, U.S. Defense Secretary Pete Hegseth said at a NATO meeting in Brussels. He also said that the U.S. does not see Ukraine's membership of NATO as part of a peace plan.Reuters
Wed, Feb 12
Cryptocurrencies
Arbitrum Helps Tether Overcome Challenges – Next Big Crypto Coins, New Horizons
As $USDT struggles to comply with the EU’s Markets in Crypto Asset (MiCA) regulations, Arbitrum helps Tether by providing it with infrastructure to link its new stablecoin $USDT0 to its network, alongside Ethereum, Tron, and Ton. $USDT0 is Tether’s new stablecoin, strategically designed to add...Bitcoinist
Wed, Feb 12
Stocks
CME Group: Q4 EPS Surpasses Expectations
CME Group (NASDAQ:CME), a leading derivatives marketplace known for options and futures trading, reported fourth-quarter 2024 earnings results on Wednesday, Feb. 12, that topped analysts' consensus expectations. Adjusted earnings per share (EPS) of $2.52 beat the estimate of $2.45. Revenue came in a...The Motley Fool
Wed, Feb 12
Stocks
Euro zone government bond yields rise after US data
By Harry Robertson and Stefano Rebaudo Feb 12 (Reuters) - German government bond yields rose on Wednesday after U.S. economic data showed inflation was growing more than expected, fuelling fears that the Federal Reserve could slow down or stall its easing cycle.Data from the Labor Department show...Reuters
Wed, Feb 12
