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Nato's Rutte agrees with Trump on more equal U.S.-Europe burdensharing for Ukraine aid
BRUSSELS, Feb 12 (Reuters) - NATO Secretary-General Mark Rutte said on Wednesday that he agrees with U.S. President Donald Trump on the need for more burdensharing between America and its European allies on aid for Ukraine. NATO members agreed last year to provide Ukraine with 40 billion euros in se...Reuters
Wed, Feb 12
Other
Google's CEO Pichai says China's DeepSeek has done very good work
DUBAI, Feb 12 (Reuters) - Alphabet GOOGL.O CEO Sundar Pichai said Chinese startup DeepSeek has done very good work that showed how global artificial intelligence is.Pichai expected Alphabet to be a leading player in the AI space but said others would be there in that space too, he said at the World ...Reuters
Wed, Feb 12
Other
BUZZ-J.P. Morgan cuts PT on Carlyle on fundraising concerns
** J.P. Morgan cuts PT on private equity firm Carlyle Group CG.O to $54 from $57, citing fundraising concerns** New PT is an over 8.1% upside to stock's last close** Brokerage says investors are concerned that realizations may outpace fundraising, undercutting fee-earning assets under management...Reuters
Wed, Feb 12
Other
TE Connectivity to acquire Richards Manufacturing for about $2.3 billion
Feb 12 (Reuters) - TE Connectivity TEL.N said on Wednesday it would buy Richards Manufacturing Co from funds managed by Oaktree Capital Management and members of the Bier family for about $2.3 billion in cash, aiming to expand in the energy market.Reuters
Wed, Feb 12
Other
BRIEF-Alternus Clean Energy Says Stock May Trade Over-The-Counter
Feb 12 (Reuters) - Alternus Clean Energy Inc ALCE.O:ALTERNUS CLEAN ENERGY INC - NASDAQ TO DELIST CO'S COMMON STOCKALTERNUS CLEAN ENERGY INC - STOCK MAY TRADE OVER-THE-COUNTERSource text: [ID:n0001213900-25-012325]Further company coverage: ALCE.OReuters
Wed, Feb 12
Other
BRIEF-Palatin Technologies Says Co To Sell Up To $6 Million In Common Stock
Feb 12 (Reuters) - Palatin Technologies Inc PTN.A:PALATIN TECHNOLOGIES INC - ON FEB 11, CO ENTERS INTO SALES AGREEMENT WITH A.G.P.PALATIN TECHNOLOGIES INC - UNDER AGREEMENT, CO TO SELL UP TO $6 MILLION IN COMMON STOCKSource text: [ID:n0001654954-25-001362]Further company coverage: PTN.AReuters
Wed, Feb 12
Stocks
Want $10,000? Invest $2,500 Into XRP (Ripple) and Wait 4 Years.
If you can find an investment that you think can quadruple your money, it's a no-brainer to buy it, even if you need to wait a few years. In that vein, there's a real chance that investing a total of $2,500 in a major cryptocurrency like XRP (CRYPTO: XRP) could, over the long term, become worth as m...The Motley Fool
Wed, Feb 12
Cryptocurrencies
Japanese Companies Are Betting on $BTC, Top Presale Joins the Rush
Several companies in Japan are staking their future on Bitcoin ($BTC) and are buying up more of the digital currency. These include a former hotel developer, a software development company, and a mobile game studio. But what’s driving them to spend billions of yen on $BTC? We’ll discuss these and mo...NewsBTC
Wed, Feb 12
Other
California wildfires not expected to trigger Mercury General's parametric reinsurance
By Henry GaleFeb 12 - (The Insurer) - Mercury General has revealed that its catastrophe reinsurance program includes a small parametric component on which it does not expect to make any recovery in relation to the recent California wildfires.Mercury General reported in its Q4 2024 results on Tuesday...Reuters
Wed, Feb 12
Cryptocurrencies
China’s tech stocks enter bull market on DeepSeek’s account
China tech stocks have entered a bull market thanks to DeepSeek’s AI innovation. The Hang Seng Tech index, which tracks the 30 biggest tech companies listed in Hong Kong, went up by 25%. According to reports, the Hang Seng Index is now worth 10.2 times its estimated earnings, up from as low as 8 times […]Cryptopolitan
Wed, Feb 12
Stocks
BUZZ-STAAR Surgical falls on Q4 sales miss, weak China sales forecast
** Shares of implantable eye lens maker STAAR Surgical STAA.O fell 33.7% to $14.50 premarket** Co posts Q4 sales of $48.95 million, missing analyst's estimates of $77.29 million - LSEG data ** Sees sales of its lenses, excluding China, of about $165 million to $175 million for 2025** Expects Chi...Reuters
Wed, Feb 12
Other
BRIEF-CollPlant Biotechnologies Provides Corporate Update
Feb 12 (Reuters) - Collplant Biotechnologies Ltd CPTG.F:COLLPLANT BIOTECHNOLOGIES PROVIDES A CORPORATE UPDATECOLLPLANT BIOTECHNOLOGIES LTD: REDUCTION IN COLLPLANT'S WORKFORCE BY APPROXIMATELY 20%Source text: ID:nPn6YFKDfaFurther company coverage: CPTG.FReuters
Wed, Feb 12
Other
BRIEF-Payfare Reaffirms Recommendation That Shareholders Vote "For" The Transaction With Fiserv
Feb 12 (Reuters) - Fiserv Inc FI.N:PAYFARE REAFFIRMS ITS RECOMMENDATION THAT SHAREHOLDERS VOTE "FOR" THE TRANSACTION WITH FISERVSource text: ID:nCNWcGMZQaFurther company coverage: FI.NReuters
Wed, Feb 12
Stocks
BUZZ-NXP Semiconductors rises, Morgan Stanley upgrades to 'overweight'
** Shares of chipmaker NXP Semiconductors NXPI.O rise 3.3% to $218.01 in premarket trading ** Morgan Stanley upgrades NXPI to "overweight" from "equal weight"; hikes PT to $257 from $231** Brokerage says that cyclical and secular tailwinds are aligning for NXPI** "With customer i...Reuters
Wed, Feb 12
Stocks
Buying This Artificial Intelligence (AI) Chip Stock Is a No-Brainer After This Development
Advanced Micro Devices (NASDAQ: AMD) stock fell following the release of the company's fourth-quarter 2024 results on Feb. 4, and a closer look at the company's quarterly performance and outlook indicates that investors may have overreacted.AMD not only delivered impressive growth and beat Wall Stre...The Motley Fool
Wed, Feb 12
Stocks
Looking for Dividend Stocks to Buy in February? Consider These 3 Dow Jones Components.
The Dow Jones Industrial Average (DJINDICES: ^DJI) is chock-full of industry-leading dividend-paying companies -- making it a great place to look for stocks to boost your passive income stream.In addition to paying dividends, some Dow stocks -- like 3M (NYSE: MMM), Honeywell International (NASDAQ: H...The Motley Fool
Wed, Feb 12
Stocks
Drugmaker Biogen forecasts 2025 profit below expectations
Feb 12 (Reuters) - Biogen BIIB.O forecast 2025 profit below Wall Street expectations on Wednesday, hurt by a strong dollar and fierce competition for its drugs to treat multiple sclerosis.Investors sold Biogen shares in 2024 as a slow US launch of Leqembi, the Alzheimer's disease drug it sells w...Reuters
Wed, Feb 12
Other
Africa Specialty Risks appoints Axa Climate's Coutu to lead parametric offering
By Henry GaleFeb 12 - (The Insurer) - Africa Specialty Risks (ASR) has hired Sylvain Coutu from Axa Climate as its new head of innovation and sustainability.Coutu will lead ASR's parametric offering and has been tasked with broadening its suite of sustainable parametric products, including throu...Reuters
Wed, Feb 12
Stocks
BUZZ-CVS surges on Q4 profit beat
** Shares of health insurer CVS Health CVS.N rise 9.3% to $60.12 premarket ** Co reports smaller-than-expected drop in Q4 adjusted profit as pace of its insurance unit's medical cost increases slowed** Co reports Q4 adjusted profit of $1.19 per share, above analysts' average estimate of 93 c...Reuters
Wed, Feb 12
Other
Israel requests to keep troops in Lebanon until Feb. 28, two sources say
BEIRUT, Feb 12 (Reuters) - Israel has requested to keep its troops in five posts in southern Lebanon until February 28, a Lebanese official and foreign diplomat told Reuters on Wednesday. Under a ceasefire deal agreed in November between Lebanon and Israel, Israeli troops had until January 26 to wit...Reuters
Wed, Feb 12
