News
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BRIEF-Abbvie And Xilio Therapeutics Announce Collaboration
Feb 12 (Reuters) - Abbvie ABBV.N:ABBVIE AND XILIO THERAPEUTICS ANNOUNCE COLLABORATION AND OPTION AGREEMENT TO DEVELOP NOVEL TUMOR-ACTIVATED IMMUNOTHERAPIESABBVIE INC - COLLABORATION TO DEVELOP MASKED T-CELL ENGAGERSABBVIE INC - XILIO TO RECEIVE $52 MILLION UPFRONT, ELIGIBLE FOR UP TO $2.1 BILLIONSou...Reuters
Wed, Feb 12
Other
Spirit Airlines rejects Frontier Group's revised acquisition offer
Adds Frontier statement in paragraph 6 Feb 11 (Reuters) - Spirit Airlines SAVEQ.PK on Tuesday rejected Frontier Group's ULCC.O revised acquisition offer, worth about $2.16 billion, saying the bid from its fellow ultra-low-cost carrier was less beneficial to shareholders than its ongoing reorg...Reuters
Wed, Feb 12
Stocks
BUZZ-Exelon forecasts 2025 profit above estimates, shares rise
Updates** Shares of U.S.-based utility firm Exelon EXC.O rise 2.2% to $43.29 premarket** Company forecasts adjusted profit for 2025 in the range of $2.64 per share to $2.74 per share, above analysts' estimates of $2.63 per share, according to data compiled by LSEG ** Company also beats fourth-qu...Reuters
Wed, Feb 12
Stocks
BUZZ-Kraft Heinz falls on gloomy annual profit forecast
** Packaged food maker Kraft Heinz's KHC.O shares down 3.7% at $28.46 premarket** Company expects annual adjusted earnings per share in the range of $2.63 to $2.74, compared with analysts' average estimates of $3.04, as per data compiled by LSEG** Co forecasts annual organic net sales betwee...Reuters
Wed, Feb 12
Forex
EUR/GBP to trade at 0.8150 in the end of the year – Rabobank
While the UK’s growth outlook has suffered a significant setback relative to the more optimistic tone that was prevalent in the market after last July’s general election, the EUR also faces headwinds of its own, Rabobank's FX analyst Jane Foley notes.
Fxstreet
Wed, Feb 12
Stocks
BUZZ-Waters Corp falls on dour quarterly profit outlook
** Shares of lab equipment maker Waters Corporation WAT.N down 3.8% at $390 premarket** Co sees Q1 profit in the range of $2.17 and $2.25 per share, below Wall Street estimates of $2.42, hurt by a stronger dollar** Sees 2025 adj profit in the range of $12.7 to $13 per share, in line with analysts...Reuters
Wed, Feb 12
Other
Iran's Khamenei cites need to further develop Iran's military after Trump threats
Supreme Leader urges more advances of Iran's military and missile capabilitiesTrump has reinstated 'maximum pressure' policy against Iran, aiming to curb its nuclear programmeIran accelerating uranium enrichment, nearing weapons-grade levelAdds new drones unveiled in paragraph 5 DUBAI...Reuters
Wed, Feb 12
Stocks
Warren Buffett Isn't Buying Many Stocks These Days – But He Can't Get Enough of This One
It's no big secret that Warren Buffett has been a net seller of stocks recently. Thanks to several massive stock sales, and a few smaller ones, Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) cash stockpile has ballooned to $325 billion as of the most recent quarter, far more than the conglomerate h...The Motley Fool
Wed, Feb 12
Other
BRIEF-Smurift Westrock CFO: Not seeing any impact from global trade tensions
Feb 12 (Reuters) - Smurfit WestRock PLC SWR.L:SMURIFT WESTROCK CFO: Q4 COMBINED COMPANY EBITDA UP AROUND $100 MILLION Y/YSMURIFT WESTROCK CFO: AT MOMENT NOT SEEING ANY IMPACT FROM TRUMP ADMIN TRADE POLICIES, ANY IMPACT ON PACKAGING FROM TARIFFS WILL BE FELT AT END-CONSUMERSMURIFT WESTROCK CFO: PAP...Reuters
Wed, Feb 12
Other
FACTBOX-US companies drop diversity policies after Trump's order
Changes dateline and adds Goldman Sachs, ISS, BlackRock and Disney Feb 12 (Reuters) - From Google to Target, many major U.S. companies have dropped or considered altering their diversity, equity and inclusion (DEI) policies following President Donald Trump's executive order to curtail such pr...Reuters
Wed, Feb 12
Cryptocurrencies
Dogecoin Mania No More: Memecoin Interest Plunging On Social Media
Data shows users on the major social media platforms have continuously been losing interest in Dogecoin and other memecoins recently. Top 6 Memecoins Have Seen Their Social Dominance Trend Down Recently In a new post on X, the analytics firm Santiment has discussed about how social media attention h...NewsBTC
Wed, Feb 12
Other
Finnish paint maker Tikkurila and PPG complete Russia exit
By Anne Kauranen and Alexander Marrow HELSINKI, Feb 12 (Reuters) - Finnish paint maker Tikkurila and its U.S.-based parent PPG Industries PPG.N, completed their exit from Russia at the end of January, PPG said on Wednesday, joining scores of Western companies to have left the country since Russia...Reuters
Wed, Feb 12
Cryptocurrencies
Astra Nova Joins NVIDIA Inception Program to Advance AI in Gaming Ecosystem
TL:DR Every gamer would agree that they’ve at a point desired an immersive gaming experience, a feeling of a personalized world, ever-evolving into a dynamic narrative journey. An era in interactive entertainment powered by Artificial Intelligence(AI) as not just a tool but a collaborator. Astro Nova is a community-driven, next-generation gaming ecosystem formed with Unreal […]Cryptopolitan
Wed, Feb 12
Stocks
68% of Crypto Investors Think Bitcoin Will Hit $200,000 in 2025. Here's Why They May Be Wrong.
It's difficult to find many assets that have performed as well as Bitcoin (CRYPTO: BTC). In the past five- and 10-year periods, the world's top digital asset has rocketed 840% and 44,020% higher, respectively, even though it trades about 12% below its peak of $109,000 reached in late January (as of...The Motley Fool
Wed, Feb 12
Commodities
RPT-COLUMN-Is China ending its stint as major global grain importer? -Braun
Repeats column first published on Tuesday. The opinions expressed here are those of the author, a market analyst for Reuters.By Karen Braun CHICAGO, Feb 11 (Reuters) - China giveth, China taketh away. Agricultural exporters around the world know this feeling all too well, as they can either flour...Reuters
Wed, Feb 12
Cryptocurrencies
Koei Tecmo Holdings to replace Yoichi Erikawa as president and CEO in 2025
As of April 1st, 2025, Hisashi Koinuma will replace Yoichi Erikawa as Koei Tecmo’s president and CEO. The gaming company’s announcement also included an absorption-type split set for the first day of April. Koei Tecmo is set on transitioning into AAA games from the mobile gaming market.Cryptopolitan
Wed, Feb 12
Other
Morning News Call - U.S., February 12
To access a PDF version of this newsletter, please click hereYou can read Morning News Call -- US via TOPNEWS U.S. Companies page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageFor Morning News Call Ca...Reuters
Wed, Feb 12
