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BRIEF-Elliott Sends Letter And Presentation To The Board Of Phillips 66
Feb 11 (Reuters) - Phillips 66 PSX.N:ELLIOTT SENDS LETTER AND PRESENTATION TO THE BOARD OF PHILLIPS 66ELLIOTT: DISCLOSES OVER $2.5 BILLION POSITION IN PHILLIPS 66ELLIOTT: NEW INDEPENDENT DIRECTORS ARE NEEDED AT PHILLIPS 66ELLIOTT: HIGHLIGHTS PHILLIPS' NEED TO STREAMLINE PORTFOLIOELLIOTT: PHILLIP...Reuters
Tue, Feb 11
Other
PREVIEW-CVS Health's turnaround efforts in focus amid record-high medical costs
By Sriparna RoyFeb 11 (Reuters) - CVS Health CVS.N investors will closely examine this week turnaround initiatives spearheaded by new CEO David Joyner and their impact on cost pressures in its health insurance business.The healthcare conglomerate, which reports its fourth-quarter results on Wednesd...Reuters
Tue, Feb 11
Other
BRIEF-Accenture And Google Cloud Advance Sovereign Cloud And Generative AI Adoption In Saudi Arabia
Feb 11 (Reuters) - Accenture PLC ACN.N:ACCENTURE AND GOOGLE CLOUD ADVANCE SOVEREIGN CLOUD AND GENERATIVE AI ADOPTION IN SAUDI ARABIASource text: ID:nBwc2sR5maFurther company coverage: ACN.NReuters
Tue, Feb 11
Stocks
WK Kellogg forecasts upbeat 2025 profit on cost cut efforts
Feb 11 (Reuters) - WK Kellogg KLG.N forecast annual profit above expectations on Tuesday and reported better-than-expected earnings as the breakfast cereal maker's efforts to clamp down on costs boosted its margins.Shares of the company, which makes Froot Loops and Frosted Flakes cereals, rose a...Reuters
Tue, Feb 11
Other
IRadimed Corp expected to post earnings of 44 cents a share - Earnings Preview
IRadimed Corp IRMD.OQ IRMD.O is expected to show a rise in quarterly revenue when it reports results on February 13 for the period ending December 31 2024The Winter Springs Florida-based company is expected to report a 9.7% increase in revenue to $19.145 million from $17.45 million a year ago, acc...Reuters
Tue, Feb 11
Other
BRIEF-Moleculin Receives First Country Approval In Europe To Begin Recruiting For Phase 3 R/R Acute Myeloid Leukemia Trial
Feb 11 (Reuters) - Moleculin Biotech MBRX.O:MOLECULIN RECEIVES FIRST COUNTRY APPROVAL IN EUROPE TO BEGIN RECRUITING FOR THE MIRACLE PHASE 3 R/R ACUTE MYELOID LEUKEMIA (AML) PIVOTAL TRIALMOLECULIN BIOTECH INC - FIRST SUBJECT TREATMENT IN MIRACLE TRIAL EXPECTED Q1 2025Source text: ID:nPn7y6kN7aFurther...Reuters
Tue, Feb 11
Other
UK sanctions Russia's Zservers over cyber crimes
Adds details LONDON, Feb 11 (Reuters) - Britain sanctioned Russian cyber group Zservers and six of its members on Tuesday, saying they helped facilitate crippling ransomware attacks globally. The measures, taken in coordination with the U.S. and Australia, will impose asset freezes on ...Reuters
Tue, Feb 11
Commodities
U.S. tariffs on Mexican steel, aluminum are not justified, Mexico says
MEXICO CITY, Feb 11 (Reuters) - The 25% tariff from the United States on steel and aluminum imports from Mexico imposed by U.S. President Donald Trump "is not justified" and "unfair," Mexican Economy Minister Marcelo Ebrard said on Tuesday.Reuters
Tue, Feb 11
Other
Bruker Corp expected to post earnings of 74 cents a share - Earnings Preview
Bruker Corp BRKR.OQ BRKR.O is expected to show a rise in quarterly revenue when it reports results on February 13 for the period ending December 31 2024The Billerica Massachusetts-based company is expected to report a 13.1% increase in revenue to $966.353 million from $854.5 million a year ago, ac...Reuters
Tue, Feb 11
Other
Telus Corp expected to post earnings of 23 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$5.233 billion from C$5.2 billion a year ago, according to...Reuters
Tue, Feb 11
Other
Sally Beauty Holdings Inc expected to post earnings of 43 cents a share - Earnings Preview
Sally Beauty Holdings Inc SBH.N, SBH is expected to show a rise in quarterly revenue when it reports results on February 13 for the period ending December 31 2024The Denton Texas-based company is expected to report a 1.3% increase in revenue to $943.8 million from $931.3 million a year ago, accord...Reuters
Tue, Feb 11
Stocks
BUZZ-Hyperfine falls after pricing stock offering
** Shares of portable MRI maker Hyperfine HYPR.O fall 16.2% to $1.40 premarket** HYPR says it is raising ~$6 mln by selling ~4.5 mln shares and warrants** Combined offering price is $1.33/shr; representing a 20.4% discount to the stock's last close** Co says it intends to use the proceeds for wo...Reuters
Tue, Feb 11
Other
Ducommun Inc expected to post earnings of 81 cents a share - Earnings Preview
Ducommun Inc DCO.N, DCO is expected to show a rise in quarterly revenue when it reports results on February 13 (estimated) for the period ending December 31 2024The Costa Mesa California-based company is expected to report a 1.7% increase in revenue to $195.578 million from $192.23 million a year ...Reuters
Tue, Feb 11
Other
Anywhere Real Estate Inc expected to post a loss of 29 cents a share - Earnings Preview
Anywhere Real Estate Inc HOUS.N, HOUS.K is expected to show a rise in quarterly revenue when it reports results on February 13 for the period ending December 31 2024The Madison New Jersey New Jersey-based company is expected to report a 3.9% increase in revenue to $1.299 billion from $1.25 billion...Reuters
Tue, Feb 11
Stocks
US STOCKS-Wall St set for lower open with Powell's testimony on tap
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.DuPont gains after raising 2025 profit forecastPhillips 66 rises after report Elliott builds stakeFutures down: Dow 0.28%, S&P 500 0.37%, Nasdaq 0.57%Updates prices before markets openBy Sh...Reuters
Tue, Feb 11
Other
PPL Corp expected to post earnings of 37 cents a share - Earnings Preview
PPL Corp PPL.N, PPL is expected to show a rise in quarterly revenue when it reports results on February 13 for the period ending December 31 2024The Allentown Pennsylvania-based company is expected to report a 0.8% increase in revenue to $2.048 billion from $2.03 billion a year ago, according to t...Reuters
Tue, Feb 11
Stocks
GLOBAL MARKETS-Stocks mixed, gold retreats from record as investors weigh Trump tariff threats
More tariff announcements expected in coming daysFed Chair Powell to speak on TuesdayGold retreats from recordOil bouncesBy Samuel Indyk and Tom Westbrook LONDON, Feb 11 (Reuters) - Gold retreated from a record high while stocks were subdued on Tuesday as investors braced for further shifts i...Reuters
Tue, Feb 11
Other
Ultralife Corp expected to post earnings of 15 cents a share - Earnings Preview
Ultralife Corp ULBI.OQ ULBI.O is expected to show a fall in quarterly revenue when it reports results on February 13 (estimated) for the period ending December 31 2024The Newark New York New York-based company is expected to report a 10.2% decrease in revenue to $40 million from $44.55 million a y...Reuters
Tue, Feb 11
