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Marriott rises after Q1 earnings beat estimates
** Hotel operator Marriott International's MAR.O shares up 2.3% at $253 ** Co posts Q1 profit of $2.32/share, above estimates of $2.25/share, according to data compiled by LSEG** MAR posts Q1 revenue of $6.26 bln, compared with analysts' average estimate of $6.17 bln** However, co cuts 202...Reuters
May 6, 2025
Commodities
REFILE-Putin and Xi to talk energy, discuss Power of Siberia 2 gas pipeline
MOSCOW, May 6 (Reuters) - Russia's Vladimir Putin and China's Xi Jinping will discuss the "most sensitive" issues, including energy cooperation and a proposed Power of Siberia 2 gas pipeline to China, Kremlin aide Yuri Ushakov said on Tuesday.Xi will start an official four-day visit ...Reuters
May 6, 2025
Commodities
Rollins says USDA not planning to close any Farm Service Agency offices
WASHINGTON, May 6 (Reuters) - U.S. Agriculture Secretary Brooke Rollins said at a Senate hearing on Tuesday that the agency is not planning to close any of the country's 4,500 Farm Service Agency offices that serve farmers.Reuters
May 6, 2025
Stocks
US meal deliverer DoorDash to buy UK's Deliveroo in $3.9 billion deal
DoorDash offers Deliveroo 180 pence per shareDeliveroo Independent Committee recommends offerOffer final, but DoorDash reserves right to increase it if third party emergesDoorDash to also buy software firm SevenRooms for $1.2 billionBy Pushkala Aripaka and Anuja Bharat Mistry May 6 (Reuters) - U....Reuters
May 6, 2025
Other
Southgobi Resources Updates On Mongolia Tax Audit
May 6 (Reuters) - SouthGobi Resources Ltd SGQ.V:UPDATE ON MONGOLIA TAX AUDITTDRC CONCLUDED THAT TAX PENALTY AGAINST SGS BE REDUCED FROM US$80.0 MILLION TO US$26.5 MILLIONON APRIL 25 UNIT OBTAINED COPY OF ORDER DATED APRIL 15 ISSUED BY ADMINISTRATIVE COURT OF FIRST INSTANCE IN ULAANBAATARReuters
May 6, 2025
Stocks
Drugmakers fall as Trump signals announcement on medicine costs
** Shares of U.S drugmakers fall after President Trump signaled he would make an announcement next week on the cost of medicines** Shares of Eli Lilly LLY.N and Abbvie ABBV.N fall 3% each, Merck MRK.N down 2.5%, Gilead GILD.O slip 2.4%, Amgen AMGN.O down 2.2%, Pfizer PFE.N fall 1.7%** The S&P 50...Reuters
May 6, 2025
Commodities
CANADA RESEARCH ROUNDUP-Air Canada, Baytex Energy, Parkland
May 6 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Air Canada, Baytex Energy and Parkland on Tuesday. HIGHLIGHTS * Air Canada AC.TO: Raymond James cuts target price to C$24 from C$28 * Baytex Energy Corp BTE.TO: Raymond James c...Reuters
May 6, 2025
Cryptocurrencies
UK Treasury says it doesn’t want anything to do with a Bitcoin reserve
The UK Treasury doesn’t want a Bitcoin reserve and it’s making sure we get that. Speaking at the Financial Times Digital Asset Summit in London, Emma Reynolds, the Economic Secretary for the Treasury, said on record that the UK won’t be copying the United States government’s crypto hoarding. “We don’t think that’s appropriate for our […]Cryptopolitan
May 6, 2025
Other
US FDA to conduct unannounced inspections at foreign manufacturing facilities
May 6 (Reuters) - The U.S. Food and Drug Administration said on Tuesday it plans to conduct unannounced inspections at foreign manufacturing facilities that produce food, essential medicines, and other medical products intended for American consumers and patients.Reuters
May 6, 2025
Forex
Argentina FX rates converge as focus turns to reserves build-up
By Jorge OtaolaBUENOS AIRES, May 6 (Reuters) - Argentina's main exchange rates, the official peso ARS= and the black market ARSB=, have converged after almost six years of tight capital controls that spawned a host of parallel rates, with focus turning to the central bank's foreign currency ...Reuters
May 6, 2025
Commodities
Duke Energy beats quarterly estimates on higher electricity rates
May 6 (Reuters) - Utility Duke Energy DUK.N on Tuesday beat Wall Street expectations for first quarter revenue and profit, helped by higher electricity rates, retail sales and a colder winter. U.S. utilities have been making a case for higher customer electricity bills as power usage surges rapidly ...Reuters
May 6, 2025
Other
U.S. RESEARCH ROUNDUP-American Tower, GoDaddy, Labcorp
May 6 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies including American Tower, GoDaddy and Labcorp on Tuesday. HIGHLIGHTS * American Tower Corp AMT.N: Jefferies raises target price to $265 from $239* GoDaddy Inc GDDY.N: JP Morga...Reuters
May 6, 2025
Stocks
Vertex Pharma falls after Q1 results miss
** Shares of Vertex Pharmaceuticals VRTX.O fall 12.5% to $437.69, its biggest one-day loss pct since 2020 ** Co among top percentage losers on Nasdaq Biotechnology Index .NBI ** Co posted Q1 revenue of $2.77 billion, missing analyst estimates of $2.85 billion according to data compiled by LSEG*...Reuters
May 6, 2025
Other
FDA Announces Expanded Use Of Unannounced Inspections At Foreign Manufacturing Facilities
May 6 (Reuters) - FDA ANNOUNCES EXPANDED USE OF UNANNOUNCED INSPECTIONS AT FOREIGN MANUFACTURING FACILITIESFDA: WILL EVALUATE AGENCY’S POLICIES & PRACTICES FOR IMPROVEMENTS TO FOREIGN INSPECTION PROGRAMSource text: [ID:]Further company coverage: [ ]Reuters
May 6, 2025
Other
Reel Media buys sports and entertainment wholesaler Wise Risk
By David BullMay 6 - (The Insurer) - Paragon Insurance Holdings-owned specialty media and contingency platform Reel Media Insurance Services has bought wholesaler Wise Risk, which specializes in event-driven and specialty insurance products.Wise Risk was launched in 2020 by its president Steve Perli...Reuters
May 6, 2025
Stocks
Gartner gains after raising annual profit forecast
** Shares of technology research firm Gartner IT.N up 2.5% at $437.75** Co now expects adj EPS of at least $11.70 for 2025, up from its prior estimate of $11.45 ** Q1 adj profit rose to $2.98 per share, beating an estimate of $2.72 per share, according to data compiled by LSEG* Revenue for Q1 up 4.2...Reuters
May 6, 2025
Other
Law firms defend Trump deals in letters to Democratic lawmakers
By David Thomas May 6 (Reuters) - Five major U.S. law firms defended agreements they reached with President Donald Trump in letters to two Democratic lawmakers, saying they did not compromise their principles in pledging free legal work to causes the White House supports. Four of the firms — A&am...Reuters
May 6, 2025
Other
Golf-Horschel to have hip surgery, dealing blow to his Ryder Cup hopes
May 6 (Reuters) - Billy Horschel announced on Tuesday that he is set to undergo hip surgery next week, dealing a blow to his hopes of playing for the United States in this year's Ryder Cup.World number 24 Horschel, who two weeks ago withdrew from the PGA Tour's Zurich Classic of New Orleans ...Reuters
May 6, 2025
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