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Citi to sell wealth alternatives unit to fintech firm iCapital
May 13 (Reuters) - Wall Street heavyweight Citigroup C.N has agreed to sell its wealth alternatives unit to fintech firm iCapital, the companies announced on Tuesday, as the bank pursues simplifying its business.The unit, Citi Global Alternatives, represents more than 180 funds distributed by the ba...Reuters
May 13, 2025
Other
New Cannes dress code forces Halle Berry to switch outfits
By Miranda Murray CANNES, France, May 13 (Reuters) - Oscar-winning actress Halle Berry was caught off-guard by the Cannes Film Festival's updated dress code and had to switch her outfit choice last minute, she told journalists on Tuesday. Under the rules, nudity is not allowed on the red car...Reuters
May 13, 2025
Other
Invivyd Inc expected to post a loss of 3 cents a share - Earnings Preview
Invivyd Inc IVVD.OQ IVVD.O is expected to show a rise in quarterly revenue when it reports results on May 15 for the period ending March 31 2025The Waltham Massachusetts-based company is expected to report revenue of $34.45 million, according to the mean estimate from 3 analysts, based on LSEG dat...Reuters
May 13, 2025
Stocks
Brainstorm Cell Therapeutics Inc expected to post a loss of 97 cents a share - Earnings Preview
Brainstorm Cell Therapeutics Inc BCLI.OQ BCLI.O is expected to show no change in quarterly revenue when it reports results on May 15 for the period ending March 31 2025LSEG's mean analyst estimate for Brainstorm Cell Therapeutics Inc is for a loss of 97 cents per share. The one available analy...Reuters
May 13, 2025
Other
Ideal Power Inc expected to post a loss of 30 cents a share - Earnings Preview
Ideal Power Inc IPWR.OQ IPWR.O is expected to report resultson May 15 for the period ending March 31 2025The Austin Texas-based company is expected to report revenue of $10 thousand, according to the estimate from one analyst, based on LSEG data.LSEG's mean analyst estimate for Ideal Power Inc...Reuters
May 13, 2025
Other
US consumer finance watchdog proposes scrapping bad actor registry
May 13 (Reuters) - The U.S. Consumer Financial Protection Bureau is proposing to do away with a registry of nonbank corporate offenders, which was created under the Biden administration to track companies caught violating consumer laws, according to a notice submitted on Tuesday to the Federal Regis...Reuters
May 13, 2025
Other
Edible Garden AG Inc expected to post a loss of $3.03 a share - Earnings Preview
Edible Garden AG Inc EDBL.OQ EDBL.O is expected to show a rise in quarterly revenue when it reports results on May 15 for the period ending March 31 2025The Belvidere New Jersey-based company is expected to report a 22.0% increase in revenue to $3.821 million from $3.13 million a year ago, accordi...Reuters
May 13, 2025
Other
ADVISORY-Dated alert on MeiraGTx collaboration with Hologen AI withdrawn
An alert on MeiraGTx Holdings announcing a $200 million strategic collaboration with Hologen AI has been withdrawn as the news was dated. For the correct set of alerts on MeiraGTx-Hologen AI collaboration from March 13, click nTUAPX6JDSTORY_NUMBER: nFWN3RL0UDSTORY_DATE: 13/05/2025 STORY_TIME: 12:16 ...Reuters
May 13, 2025
Stocks
CANADA STOCKS-TSX gains as investors assess US inflation data
By Sanchayaita Roy May 13 (Reuters) - Canada's main stock index rose on Tuesday, led by gains in technology stocks, as investors assessed U.S. inflation data and its impact on monetary policy outlook.The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was up 0.5% at 25,655.6...Reuters
May 13, 2025
Cryptocurrencies
Bitcoin Depot Inc expected to post earnings of 9 cents a share - Earnings Preview
Bitcoin Depot Inc BTM.OQ BTM.O is expected to show a rise in quarterly revenue when it reports results on May 15 for the period ending March 31 2025The Atlanta Georgia-based company is expected to report a 9.5% increase in revenue to $151.673 million from $138.54 million a year ago, according to t...Reuters
May 13, 2025
Other
REFILE-US senator calls for stronger ethics commitments from Trump deputy health secretary pick
By Ahmed AbouleneinWASHINGTON, May 13 (Reuters) - Democratic U.S. Senator Elizabeth Warren called on President Donald Trump's nominee for deputy U.S. health secretary to recuse himself from decisions related to former clients and employers in the healthcare industry for at least four years.Jim O...Reuters
May 13, 2025
Forex
FOREX-Dollar eases after cooler than expected CPI
US CPI slightly below estimatesTariffs still likely to impact inflationSeveral brokerages cut recession outlookBy Chuck Mikolajczak NEW YORK, May 13 (Reuters) - The dollar retreated on Tuesday, pulling back from sharp gains in the prior session after a reading on inflation was less than market ex...Reuters
May 13, 2025
Other
United to show off new 787 interiors as it seeks to reassure Newark customers
By David Shepardson NEW YORK, May 13 (Reuters) - United Airlines UAL.O on Tuesday is unveiling upgraded interiors on new Boeing BA.N 787 Dreamliners as it seeks to reassure customers after a series of issues and hundreds of flight disruptions in recent weeks at its nearby hub of Newark Liberty In...Reuters
May 13, 2025
Other
Palvella Therapeutics Inc expected to post a loss of $1.21 a share - Earnings Preview
Palvella Therapeutics Inc PVLA.OQ PVLA.O is expected to report resultson May 15 for the period ending March 31 2025LSEG's mean analyst estimate for Palvella Therapeutics Inc is for a loss of $1.21 per share. The current average analyst rating on the shares is "buy" and the breakdown of ...Reuters
May 13, 2025
Other
Venus Concept Inc expected to post a loss of $14.08 a share - Earnings Preview
Venus Concept Inc VERO.OQ VERO.O is expected to show a fall in quarterly revenue when it reports results on May 15 for the period ending March 31 2025The Toronto Ontario-based company is expected to report a 20.0% decrease in revenue to $13.992 million from $17.48 million a year ago, according to ...Reuters
May 13, 2025
Stocks
Venture Global rises on FY core profit forecast above estimates
** Shares of LNG producer Venture Global VG.N rise 7.8% to $10.73 in volatile morning trade ** Company forecasts FY 2025 core profit above estimates, helped by higher LNG demand and shipments from its projects ** VG cuts current-year core profit forecast to between $6.4 billion and $6.8 billi...Reuters
May 13, 2025
Commodities
US imposes sanctions on network sending Iranian oil to China
WASHINGTON, May 13 (Reuters) - The U.S. on Tuesday imposed sanctions on a shipping network it says has sent millions of barrels of Iranian oil to China, the State Department said, days after Iran and U.S. negotiators concluded a fourth round of nuclear talks in Oman. The sale of the oil helped fun...Reuters
May 13, 2025
Other
US-China trade respite eases EU fears of being flooded with Chinese goods
BRUSSELS, May 13 (Reuters) - The easing of trade tensions between the United States and China is a step in the right direction and helps reduce European fears of being flooded with Chinese goods redirected from the U.S. market, European Economic Commissioner Valdis Dombrovskis said.Speaking to repor...Reuters
May 13, 2025
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