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Lyft's first-quarter bookings forecast pressured by fierce competition with Uber
By Akash Sriram Feb 11 (Reuters) - Lyft LYFT.O forecast current-quarter gross bookings below estimates on Tuesday, as its jostles for more riders with larger rival Uber Technologies UBER.N, while wildfires and extreme weather events disrupted its business in some key markets.Lyft said it was expe...Reuters
Tue, Feb 11
Other
DoorDash tops quarterly revenue estimates on strong online orders during holidays
Feb 11 (Reuters) - DoorDash DASH.O topped analysts' estimate for quarterly revenue and total orders on Tuesday, as customers turned to its online platform to buy everything from food and groceries to alcohol during the holiday season.Americans have increasingly grown fond of the convenience of o...Reuters
Tue, Feb 11
Other
Gilead quarterly results beat estimates
By Deena BeasleyFeb 11 (Reuters) - Gilead Sciences GILD.O posted fourth-quarter results that exceeded Wall Street estimates on Tuesday as its HIV drug sales rose 16% and acquisition-related costs fell.The California-based drugmaker's adjusted profit rose to $1.90 per share from $1.72 a year earl...Reuters
Tue, Feb 11
Other
PDF Solutions Inc expected to post earnings of 22 cents a share - Earnings Preview
PDF Solutions Inc PDFS.OQ PDFS.O is expected to show a rise in quarterly revenue when it reports results on February 13 for the period ending December 31 2024The Santa Clara California-based company is expected to report a 19.8% increase in revenue to $49.263 million from $41.13 million a year ago...Reuters
Tue, Feb 11
Other
Farmers adds Gallagher's Toohey as head of agency owner operations
By Isha MaratheFeb 11 - (The Insurer) - Farmers Insurance has appointed Erik Toohey, former corporate vice president of US finance at Gallagher, as its head of agency owner operations.Toohey, who has over 25 years of experience in the industry, has held roles at Kemper, Berkely One, Travelers, and ...Reuters
Tue, Feb 11
Other
Pacific Biosciences of California Inc expected to post a loss of 21 cents a share - Earnings Preview
Pacific Biosciences of California Inc PACB.OQ PACB.O is expected to show a fall in quarterly revenue when it reports results on February 13 for the period ending December 31 2024The Menlo Park California-based company is expected to report a 31.2% decrease in revenue to $40.16 million from $58.36 ...Reuters
Tue, Feb 11
Other
goeasy Ltd expected to post earnings of C$4.42 a share - Earnings Preview
goeasy Ltd GSY.TO is expected to show a rise in quarterly revenue when it reports results on February 13 for the period ending December 31 2024The Mississauga Ontario-based company is expected to report a 12.0% increase in revenue to C$399.945 million from C$357.15 million a year ago, according t...Reuters
Tue, Feb 11
Stocks
US STOCKS-Wall Street ends mixed as Coca-Cola gains and Tesla drops
DuPont gains after raising 2025 profit forecastElliott Investment builds $2.5 billion stake in Phillips 66Fed's Powell says in no hurry to cut rates Updates with end of trading sessionBy Noel Randewich and Sukriti Gupta Feb 11 (Reuters) - Wall Street's main indexes ended mixed on Tuesday ...Reuters
Tue, Feb 11
Other
Trump presses Jordan to take in Palestinians from Gaza; king opposes displacement
Jordan opposes Trump plan to permanently resettle PalestiniansTrump growing impatient with Arab leadersAmman hit by U.S. foreign aid freezeAdds Jordanian foreign minister's remarks, paragraph 17By Jeff Mason and Simon Lewis WASHINGTON, Feb 11 (Reuters) - Donald Trump on Tuesday pressed Jo...Reuters
Tue, Feb 11
Other
MultiStrat adds Abdullah as head of pricing
By Mia MacGregorFeb 11 - (The Insurer) - Bermuda-based reinsurance and capital advisory firm MultiStrat has appointed Maryam Abdullah as head of pricing. Abdullah, who has worked with MultiStrat as a consultant since 2022, now joins the company full-time to support its growth plans for 2025.A fully ...Reuters
Tue, Feb 11
Other
Trump adviser Elon Musk says basic controls are needed at Treasury
WASHINGTON, Feb 11 (Reuters) - Basic controls are needed at the U.S. Treasury, Elon Musk said on Tuesday, after a U.S. district judge on Saturday blocked Musk's Department of Government Efficiency from accessing Treasury's payment systems.Musk, speaking alongside President Donald Trump in th...Reuters
Tue, Feb 11
Other
Disney tweaks DEI programs to focus on business outcomes, memo says
Adds information about the diversity and inclusion criteria, which has been eliminated, in paragraph 6By Dawn Chmielewski and Harshita Mary Varghese Feb 11 (Reuters) - Walt Disney DIS.N is changing its diversity, equity and inclusion (DEI) programs to focus more closely on business outcomes, acco...Reuters
Tue, Feb 11
Other
Turkish writer, son accused of fleeing after crash can be extradited, US judge rules
By Nate Raymond BOSTON, Feb 11 (Reuters) - A U.S. judge on Tuesday ruled that a Turkish author and her son can be extradited to Turkey to face charges that he caused a reckless, fatal car crash in Istanbul and then fled the country with the help of his mother.U.S. Magistrate Judge Donald Cabell i...Reuters
Tue, Feb 11
Other
Trump says he had a great meeting with Jordan's king
WASHINGTON, Feb 11 (Reuters) - U.S. President Donald Trump said on Tuesday he had a great discussion with Jordan's King Abdullah about Gaza.Trump made the comments after meeting with the Arab country's ruler in the Oval Office. Ahead of that meeting, Trump reiterated his call on Jordan to ta...Reuters
Tue, Feb 11
Economic Indicator
TREASURIES-Prices slip as tariff rhetoric escalates, Fed in no rush to cut rates
Tariff uncertainty remains lingering concernUS three-year note auction shows strong resultsUS two-year yield hits highest in three weeksUS rate futures price in 36 bps of easing in 2025Recasts, adds new comments, graphic, updates pricesBy Gertrude Chavez-Dreyfuss NEW YORK, Feb 11 (Reuters) - U.S....Reuters
Tue, Feb 11
Economic Indicator
Fed's Williams: US should grow by 2% in 2025, 2026
Federal Reserve (Fed) Bank of New York President John Williams noted on Tuesday that US growth metrics are overall in a good place, specifically highlighting that US Gross Domestic Product (GDP) growth should hold steady this year and next.Fxstreet
Tue, Feb 11
Other
Jordan says there is an Arab Egyptian plan to rebuild Gaza without displacing its people
CAIRO, Feb 11 (Reuters) - Jordan's Foreign Minister Ayman Safadi said on Tuesday that there is an Arab Egyptian plan to rebuild Gaza without displacing its people.Safadi was speaking to the state-owned al-Mamlaka TV shortly after Jordanian King Abdullah met U.S. President Donald Trump in Washing...Reuters
Tue, Feb 11
Other
Bank bosses expect US policy uncertainty to persist under Trump, but stay bullish on economy
Adds details, quote in paragraph 9-10Goldman Sachs CEO sees growth-oriented agenda but policy uncertaintyJPMorgan COO reports client optimism with cautious investment approachBank executives cite policy shifts as source of volatilityBy Saeed Azhar, Nupur Anand, Tatiana Bautzer NEW YORK, Feb 11 (R...Reuters
Tue, Feb 11
Other
FACTBOX-Trump pushes for use of plastic straws in US, defies global trend of countries imposing a ban
Feb 11 - President Donald Trump in a new executive order inked on Monday encouraged the U.S. government and consumers to purchase plastic drinking straws at a time when several countries have issued a ban on non-biodegradable single-use plastics.The new order backtracks on Biden administration's...Reuters
Tue, Feb 11
