News
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Economic Indicator
TREASURIES-US yields jump after hotter-than-expected inflation data
NEW YORK, Feb 12 (Reuters) - U.S. Treasury yields spiked on Wednesday after inflation in the world's largest economy came in hotter-than-expected last month, suggesting the Federal Reserve will likely pause its rate-cutting cycle for an extended period.Data showed the consumer price index rose 3...Reuters
Wed, Feb 12
Stocks
Replimune Group Inc reports results for the quarter ended December 31 - Earnings Summary
Replimune Group Inc REPL.OQ reported a quarterly adjusted loss of 79 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -77 cents. The mean expectation of seven analysts for the quarter was for a loss of 67 cents per share. W...Reuters
Wed, Feb 12
Economic Indicator
Sweden economy in low gear but shows signs of recovery, Finance Minister says
Adds possible effect of U.S. tariffs in paragraph 3 STOCKHOLM, Feb 12 (Reuters) - Sweden's economy remains in low gear but there are signs that activity is picking up, Swedish Finance Minister Elisabeth Svantesson said on Wednesday."Sweden has good potential for an economic recovery,"...Reuters
Wed, Feb 12
Other
Air Canada expected to post earnings of 26 cents a share - Earnings Preview
Air Canada AC.TO is expected to show a fall in quarterly revenue when it reports results on February 14 for the period ending December 31 2024The Saint-laurent Quebec-based company is expected to report a 0.8% decrease in revenue to C$5.133 billion from C$5.18 billion a year ago, according to the...Reuters
Wed, Feb 12
Stocks
BUZZ-Lithia Motors rises after upbeat fourth-quarter results
** Shares of automotive dealership chain Lithia Motors LAD.N up 7.4% at $396 premarket** Company posts Q4 revenue increase of 20% to $9.22 billion vs. estimates of $9.10 billion - data compiled by LSEG** Also posts quarterly adjusted EPS of $7.79 vs. estimates of $7.24, says insurance proceeds relat...Reuters
Wed, Feb 12
Other
BRIEF-Calumet Says Doe Loan Review Is Successfully Completed
Feb 12 (Reuters) - Calumet Inc CLMT.O:CALUMET INC - DOE LOAN REVIEW SUCCESSFULLY COMPLETEDCALUMET INC - FUNDING PROCESS HAS NOW RESUMED, FIRST TRANCHE OF $782 MILLION EXPECTED NEXT WEEKSource text: [ID:n0001193125-25-024823]Further company coverage: CLMT.OReuters
Wed, Feb 12
Other
LiveOne Inc expected to post a loss of 2 cents a share - Earnings Preview
LiveOne Inc LVO.OQ LVO.O is expected to show a rise in quarterly revenue when it reports results on February 14 for the period ending December 31 2024The Beverly Hills California-based company is expected to report a 0.3% increase in revenue to $31.347 million from $31.25 million a year ago, accor...Reuters
Wed, Feb 12
Other
Alpine skiing-Swiss enjoy clean sweep in men's team combined at worlds
SAALBACH, Austria, Feb 12 (Reuters) - Switzerland's dominance at the Alpine World Ski Championships continued on Wednesday when they won all three medals in the men's team combined event, with Franjo von Allmen claiming his second gold in Saalbach alongside Loic Meillard.Von Allmen, who took...Reuters
Wed, Feb 12
Other
BRIEF-Eaton Invests In New South Carolina Transformer Manufacturing Site
Feb 12 (Reuters) - Eaton Corporation ETN.N:EATON INVESTS IN NEW SOUTH CAROLINA TRANSFORMER MANUFACTURING SITE TO POWER DATA CENTERS, GRID MODERNIZATION, ELECTRIFICATION AND INDUSTRIALIZATIONEATON CORPORATION PLC - INVESTS $340 MILLION TO INCREASE U.S. PRODUCTION OF THREE-PHASE TRANSFORMERSSource tex...Reuters
Wed, Feb 12
Economic Indicator
US consumer prices increase more than expected in January
WASHINGTON, Feb 12 (Reuters) - U.S. consumer prices 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 consumer price index jumped 0.5% last month after g...Reuters
Wed, Feb 12
Other
Arbor Realty Trust Inc expected to post earnings of 37 cents a share - Earnings Preview
Arbor Realty Trust Inc ABR.N, ABR is expected to show a fall in quarterly revenue when it reports results on February 14 (estimated) for the period ending December 31 2024The Uniondale New York-based company is expected to report a 19.7% decrease in revenue to $83.222 million from $103.58 million ...Reuters
Wed, Feb 12
Stocks
BROOKFIELD ASSET MANAGEMENT LTD reports results for the quarter ended December 31 - Earnings Summary
BROOKFIELD ASSET MANAGEMENT LTD BAM.N reported quarterly adjusted earnings of 40 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 36 cents. The mean expectation of twelve analysts for the quarter was for earnings of 39 cen...Reuters
Wed, Feb 12
Other
Egypt, Qatar intensifying efforts to save Gaza ceasefire deal, Egypt TV reports
DUBAI, Feb 12 (Reuters) - Egypt and Qatar are intensifying efforts to 'save' the Gaza ceasefire deal after pressure from the United States and Israel to resume military operations, state-affiliated Egypt's al Qahera news TV reported on Wednesday, citing an Egyptian source.U.S. President ...Reuters
Wed, Feb 12
Other
Essent Group Ltd expected to post earnings of $1.65 a share - Earnings Preview
Essent Group Ltd ESNT.N, ESNT.K is expected to show a rise in quarterly revenue when it reports results on February 14 for the period ending December 31 2024The Hamilton Bermuda-based company is expected to report a 5.6% increase in revenue to $313.875 million from $297.28 million a year ago, acc...Reuters
Wed, Feb 12
Other
Enbridge Inc expected to post earnings of 75 cents a share - Earnings Preview
Enbridge Inc ENB.TO is expected to show a fall in quarterly revenue when it reports results on February 14 for the period ending December 31 2024The Calgary Alberta-based company is expected to report a 31.9% decrease in revenue to C$7.698 billion from C$11.3 billion a year ago, according to the ...Reuters
Wed, Feb 12
Other
BRIEF-Alpha Cognition Secures Additional U.S. Patent For Zunveyl (Benzgalantamine)
Feb 12 (Reuters) - Alpha Cognition ACOG.O:ALPHA COGNITION SECURES ADDITIONAL U.S. PATENT FOR ZUNVEYL (BENZGALANTAMINE) IN THE TREATMENT OF MILD TO MODERATE ALZHEIMER’S DISEASESource text: ID:nBw5Qvjy1aFurther company coverage: ACOG.OReuters
Wed, Feb 12
