News
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BRIEF-White Oak Commercial Finance Provides $60M Revolving Credit Facility To Utility Construction Company
Feb 11 (Reuters) - WHITE OAK COMMERCIAL FINANCE PROVIDES $60M REVOLVING CREDIT FACILITY TO LEADING UTILITY CONSTRUCTION AND INFRASTRUCTURE COMPANYSource text: ID:nBwbG01hgaReuters
Tue, Feb 11
Other
Onity Group Inc expected to post earnings of $2.17 a share - Earnings Preview
Onity Group Inc ONIT.N, ONIT.K is expected to show a fall in quarterly revenue when it reports results on February 13 for the period ending December 31 2024The West Palm Beach Florida-based company is expected to report a 9.6% decrease in revenue to $250.67 million from $277.3 million a year ago, ...Reuters
Tue, Feb 11
Other
BRIEF-James Hardie Building Products Secures Exclusive Product Deal With M/I Homes
Feb 11 (Reuters) - James Hardie Industries PLC JHX.AX:JAMES HARDIE BUILDING PRODUCTS: SECURES THREE-YEAR EXCLUSIVE PRODUCT DEAL WITH M/I HOMESSource text: ID:nPn7G3jcpaFurther company coverage: JHX.AXReuters
Tue, Feb 11
Cryptocurrencies
OpenAI CEO Sam Altman is plotting a self-buyout deal at cheap valuation
An interesting narrative is making rounds on Twitter (now X), and it all started when a certain Nathan shared a post yesterday suggesting that OpenAI CEO Sam Altman is secretly working on a plan to sell the company to himself at a dirt-cheap price of $40 billion. For context, it’s valued at $150 billion. As […]Cryptopolitan
Tue, Feb 11
Other
Telus Corp expected to post earnings of 22 cents a share - Earnings Preview
Telus Corp T.TO is expected to show a rise in quarterly revenue when it reports results on February 13 for the period ending December 31 2024The Vancouver British Columbia-based company is expected to report a 0.7% increase in revenue to C$5.235 billion from C$5.2 billion a year ago, according to...Reuters
Tue, Feb 11
Other
BRIEF-Tines Secures $125M In Series C Financing
Feb 11 (Reuters) - SoftBank Group 9984.T:TINES SECURES $125M IN SERIES C FINANCING, BRINGING TOTAL VALUATION TO $1.125BTINES: ROUND LED BY GROWTH EQUITY AT GOLDMAN SACHS ALTERNATIVES WITH PARTICIPATION FROM NEW INVESTORS SOFTBANK VISION FUND 2 AND ACTIVANTSource text: ID:nPn6Qct5waFurther company co...Reuters
Tue, Feb 11
Commodities
Trump squeeze wins concessions - some real, others less so
Changes wording in paragraph 2Trump's demands lead to mixed concessions from alliesMexico and Canada make border security moves, impact uncertainJapan and India signal increased U.S. investments and trade openness Feb 11 (Reuters) - U.S. President Donald Trump has thrust himself onto the worl...Reuters
Tue, Feb 11
Other
BRIEF-Apple Partners With Alibaba To Develop AI Features For iPhone Users In China - The Information
Feb 11 (Reuters) - APPLE PARTNERS WITH ALIBABA TO DEVELOP AI FEATURES FOR IPHONE USERS IN CHINA - THE INFORMATIONAPPLE TESTED DEEPSEEK’S MODELS AND DID NOT PROCEED WITH THEM- THE INFORMATIONSource text: https://tinyurl.com/3msmbhkeFurther company coverage: 9988.HKReuters
Tue, Feb 11
Other
BRIEF-Fold And FTAC Emerald Acquisition Announce New Date For Special Meeting
Feb 11 (Reuters) - FTAC Emerald Acquisition FLDD.PK:FOLD, INC. AND FTAC EMERALD ACQUISITION CORP. ANNOUNCE NEW DATE FOR SPECIAL MEETING TO APPROVE BUSINESS COMBINATIONSource text: ID:nBw4Z17CYaFurther company coverage: FLDD.PKReuters
Tue, Feb 11
Stocks
LIVE MARKETS-S&P 500 index: Don't get chopped by the chop
U.S. equity index futures red: Nasdaq 100 off ~0.7%Jan NFIB 102.8 vs 105.1 last monthEuro STOXX 600 index up ~0.1%Dollar, bitcoin, gold slip; crude up >1.5%U.S. 10-Year Treasury yield rises to ~4.53%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can...Reuters
Tue, Feb 11
Other
BRIEF-AMTD Idea Group Wins Successful Action Against Infringement Of Intellectual Property
Feb 11 (Reuters) - AMTD IDEA Group AMTI.SI:WON SUCCESSFUL ACTION IN HONG KONG COURTS AGAINST LUXURY VILLAGE LLC AND ITS DIRECTORSUCCESSFUL ACTION AGAINST INFRINGEMENT OF "L'OFFICIEL" RELATED INTELLECTUAL PROPERTYFurther company coverage: AMTI.SIReuters
Tue, Feb 11
Other
Penske Automotive Group Inc expected to post earnings of $3.29 a share - Earnings Preview
Penske Automotive Group Inc PAG.N, PAG is expected to show a rise in quarterly revenue when it reports results on February 13 for the period ending December 31 2024The Bloomfield Hills Michigan-based company is expected to report a 4.2% increase in revenue to $7.578 billion from $7.27 billion a ye...Reuters
Tue, Feb 11
Other
BRIEF-Shaun White Launches Inaugural Season For The Snow League
Feb 11 (Reuters) - Marriott International MAR.O:SHAUN WHITE LAUNCHES INAUGURAL SEASON FOR THE SNOW LEAGUE IN PARTNERSHIP WITH LEADING GLOBAL HOSPITALITY PLATFORM MARRIOTT BONVOYSource text: ID:nPn91tX09aFurther company coverage: MAR.OReuters
Tue, Feb 11
Other
Keycorp CEO Chris Gorman says clients are optimistic despite tariffs uncertainty
NEW YORK, Feb 11 (Reuters) - Keycorp CEO Chris Gorman said the bank's clients remain optimistic, despite the uncertainty created by new import tariffs. "I do think tariffs are inflationary, and create some uncertainty", Gorman said during a financial services conference on Tuesday.But Go...Reuters
Tue, Feb 11
Other
BRIEF-Standard Chartered Appoints Mandy Defilippo As U.S. And Americas CEO
Feb 11 (Reuters) - 2888.HK 2888.HK:STANDARD CHARTERED APPOINTS MANDY DEFILIPPO AS CEO, US AND AMERICASSTANDARD CHARTERED PLC: DEFILIPPO REPLACES STEVEN CRANWELLSource text: ID:nBwM8DQmaFurther company coverage: 2888.HKReuters
Tue, Feb 11
Other
CEVA Inc expected to post earnings of 11 cents a share - Earnings Preview
CEVA Inc CEVA.OQ CEVA.O is expected to show a rise in quarterly revenue when it reports results on February 13 for the period ending December 31 2024The Rockville Maryland-based company is expected to report a 14.1% increase in revenue to $27.558 million from $24.16 million a year ago, according t...Reuters
Tue, Feb 11
Stocks
Coca-Cola Tops Q4 Estimates, Demand Up
Beverage giant Coca-Cola (NYSE:KO) reported fourth-quarter and full-year 2024 earnings on Tuesday, Feb. 11, that topped analysts' consensus estimates. Adjusted earnings per share (EPS) of $0.55 beat the $0.52 estimate and rose 12.2% year over year. Net revenue in Q4 hit $11.54 billion, exceeding the...The Motley Fool
Tue, Feb 11
