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Assai cuts 2026 store openings estimate by half, posts 117 mln reais net profit
May 8 (Reuters) - Sendas Distribuidora SA ASAI3.SA:EXPECTS TO OPEN ABOUT 10 STORES IN 2026 VS PREVIOUS ESTIMATE OF AROUND 20 STORES - FILINGREPORTS Q1 NET PROFIT OF 117 MILLION REAISREPORTS Q1 ADJUSTED EBITDA OF 1.37 BILLION REAISReuters
May 8, 2025
Other
Haiti gangs' US terrorism designation risks harming most vulnerable, NGOs warn
By Sarah Morland and Harold Isaac PORT-AU-PRINCE, May 8 (Reuters) - The designation of Haiti's major gangs as terrorists by Washington could risk further entrenching their power by limiting financial and humanitarian aid, NGOs focused on organized crime and human rights have warned.The United...Reuters
May 8, 2025
Commodities
Republican US lawmakers voice support for IRA energy tax credits
WASHINGTON, May 8 (Reuters) - Republican U.S. lawmakers sent a letter to the head of the House Ways and Means Committee on Thursday voicing their support for tax credits boosted in former President Joe Biden's Inflation Reduction Act, legislation for which no Republicans voted.WHY IT'S IMPOR...Reuters
May 8, 2025
Other
FACTBOX-'I still consider myself a missionary' - Pope Leo XIV in past interviews
By Alvise ArmelliniVATICAN CITY, May 8 (Reuters) - U.S. Cardinal Robert Prevost, who on Thursday was elected as the new leader of the Catholic Church taking up the name of Leo XIV, is a soft-spoken figure who has shunned the limelight during his priestly career.The 69-year-old from Chicago has serve...Reuters
May 8, 2025
Stocks
Regulus Therapeutics Inc reports results for the quarter ended March 31 - Earnings Summary
Regulus Therapeutics Inc RGLS.OQ reported a quarterly adjusted loss of 15 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -29 cents. The mean expectation of six analysts for the quarter was for a loss of 24 cents per share. ...Reuters
May 8, 2025
Stocks
Assembly Biosciences Inc reports results for the quarter ended March 31 - Earnings Summary
Assembly Biosciences Inc ASMB.OQ reported a quarterly adjusted loss of $1.17 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-1.66. The mean expectation of two analysts for the quarter was for a loss of $1.60 per share. Wall Stre...Reuters
May 8, 2025
Commodities
US ordered to pay $600K to families sickened in Pearl Harbor fuel spill
By Diana Novak Jones May 8 (Reuters) - A federal judge in Hawaii ordered the U.S. government on Wednesday to pay about $600,000 to six families impacted by a 2021 fuel spill that tainted drinking water at the Joint Base Pearl Harbor-Hickam near Honolulu after finding that the tainted water was th...Reuters
May 8, 2025
Other
Zelenskiy says 30-day ceasefire would be a 'real indicator' of movement towards peace
May 8 (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Thursday he told U.S. President Donald Trump in a telephone call that Kyiv was ready for a 30-day ceasefire with Russia "starting this minute."Zelenskiy, speaking in his nightly video address, also said implementing a 30-day c...Reuters
May 8, 2025
Other
Air Canada first-quarter loss widens as passengers skip US travel
MONTREAL, May 8 (Reuters) - Air Canada AC.TO reported a wider first-quarter loss on Thursday, owing to weaker passenger traffic to its key U.S. market amid strained trade relations between the two countries.The country's largest carrier reported a first quarter adjusted loss of C$0.45 per share ...Reuters
May 8, 2025
Stocks
Affirm falls after forecasting quarterly revenue largely below estimates
** Shares of buy now, pay later lender Affirm Holdings AFRM.O fall 8.2% to $49.82 in extended trading** Company forecasts Q4 revenue between $815 million and 845 million, the midpoint of which is below analysts' average estimate of $841.42 million, according to data compiled by LSEG** Company as...Reuters
May 8, 2025
Commodities
Trump calls for 30-day Russia-Ukraine ceasefire
WASHINGTON, May 8 (Reuters) - U.S. President Donald Trump called on Thursday for a 30-day unconditional ceasefire between Russia and Ukraine and said that both countries will be held accountable for the "sanctity of these direct negotiations."Trump said in a social media post: "If the ce...Reuters
May 8, 2025
Other
Breaking with tradition, Senate panel backs Trump nominees despite Democratic boycott
Partisan divisions in Congress widen under TrumpPanel backs nominees without DemocratsNominees for France, Denmark, Netherlands among those affectedBy Patricia Zengerle WASHINGTON, May 8 (Reuters) - Republicans on the U.S. Senate Foreign Relations Committee backed five nominees for diplomatic pos...Reuters
May 8, 2025
Other
Merz, Trump agree on need to resolve trade disputes, Germany says
By Sarah Marsh BERLIN, May 8 (Reuters) - Germany's new chancellor, Friedrich Merz, and U.S. President Donald Trump agreed on the need to quickly resolve trade disputes in their first phone call since Merz took office earlier this week, a German government spokesperson said.Trump congratulated...Reuters
May 8, 2025
Cryptocurrencies
Celsius founder Alex Mashinsky gets 12 years prison for crypto fraud
By Jonathan Stempel NEW YORK, May 8 (Reuters) - Alex Mashinsky, the founder and former chief executive of bankruptcy cryptocurrency lender Celsius Network, was sentenced on Thursday to 12 years in prison after pleading guilty in December to securities fraud and commodities fraud.Mashinsky'...Reuters
May 8, 2025
Stocks
Tectonic Therapeutic Inc reports results for the quarter ended March 31 - Earnings Summary
Tectonic Therapeutic Inc TECX.OQ reported a quarterly adjusted loss of 93 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-1.80. The mean expectation of four analysts for the quarter was for a loss of $1.09 per share. Wall ...Reuters
May 8, 2025
Cryptocurrencies
CORRECTED-Coinbase quarterly profit falls on higher expenses
May 8 (Reuters) - Crypto exchange Coinbase COIN.O reported a drop in first-quarter profit on Thursday as costs rose. The company earned adjusted net income of $526.6 million, or $1.94 per share, for the three months ended March 31, compared with $679.2 million, or $2.53 per share, a year earlier.Reuters
May 8, 2025
Commodities
UK, US have 'more serious work to do' on trade, British official says
WASHINGTON, May 8 (Reuters) - The United States and the United Kingdom have more serious work to do on liberalizing trade, a British official said on Thursday, after the two allies announced a limited bilateral trade deal that leaves in place U.S. President Donald Trump's 10% tariffs on British ...Reuters
May 8, 2025
Stocks
Akamai Technologies forecasts 2025 results above estimates on security segment strength
May 8 (Reuters) - Akamai Technologies AKAM.O on Thursday forecast annual results above estimates following an upbeat first quarter, helped by steady demand for its cybersecurity and cloud services.The company is seeing strong momentum in its security and compute verticals, as enterprises ramp up inv...Reuters
May 8, 2025
Stocks
4D Molecular Therapeutics Inc reports results for the quarter ended March 31 - Earnings Summary
4D Molecular Therapeutics Inc FDMT.OQ reported a quarterly adjusted loss of 86 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -66 cents. The mean expectation of nine analysts for the quarter was for a loss of 86 cents per sh...Reuters
May 8, 2025
Stocks
Trade Desk beats first-quarter results estimates on strong demand for ad tech
May 8 (Reuters) - The Trade Desk TTD.O on Thursday posted first-quarter revenue and profit above analysts' estimates, aided by strong demand for automated ad-buying technologies, sending it shares up 14% in extended trading.The ad firm's strong results come at a time when businesses are redu...Reuters
May 8, 2025
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