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Stocks
Onkure Therapeutics Inc reports results for the quarter ended March 31 - Earnings Summary
Onkure Therapeutics Inc OKUR.OQ reported a quarterly adjusted loss of $1.19 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-2.50. The mean expectation of three analysts for the quarter was for a loss of $1.46 per share. Wall Str...
Reuters
May 6, 2025
Stocks
Ball shares rise after raising annual profit forecast
** Shares of aluminum can maker Ball Corp BALL.N up 4.2% at $53.94 premarket ** Co raises its annual profit forecast after upbeat Q1 results, helped by resilient demand and a tight leash on costs** Sees full-year comparable profit growth between 11% and 14%, vs previous forecast of more than 10% gro...
Reuters
May 6, 2025
Other
Americold Realty Trust Inc
expected to post earnings of 5 cents a share - Earnings Preview
Americold Realty Trust Inc COLD.N, COLD.K is expected to show a rise in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Atlanta Georgia-based company is expected to report a 0.2% increase in revenue to $666.462 million from $664.98 million a year ago, acco...
Reuters
May 6, 2025
Economic Indicator
US trade deficit surges to record high in March
WASHINGTON, May 6 (Reuters) - The U.S. trade deficit widened to a record high in March as businesses boosted imports of goods ahead of tariffs, which dragged gross domestic product into negative terrain in the first quarter for the first time in three years.The trade gap jumped 14.0% to a record $14...
Reuters
May 6, 2025
Other
Chimera Investment Corp
expected to post earnings of 48 cents a share - Earnings Preview
Chimera Investment Corp CIM.N, CIM is expected to show a rise in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The New York City-based company is expected to report a 16.7% increase in revenue to $75.975 million from $65.11 million a year ago, according to t...
Reuters
May 6, 2025
Forex
FOREX-Dollar under pressure as investors await US trade deals
Markets growing nervous about absence of trade deals Dollar falls 0.5% on yenEuro underperforms sterling, yen after German political problems Taiwan dollar steadies after surging at start of weekBy Rae Wee and Alun John SINGAPORE/LONDON, May 6 (Reuters) - The dollar struggled on Tuesday as invest...
Reuters
May 6, 2025
Other
Canadian Tire Corporation Ltd
expected to post earnings of C$1.26 a share - Earnings Preview
Canadian Tire Corporation Ltd CTCa.TO is expected to show a rise in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Toronto Ontario-based company is expected to report a 1.0% increase in revenue to C$3.561 billion from C$3.52 billion a year ago, according...
Reuters
May 6, 2025
Other
TransDigm tops quarterly profit estimates on strong demand for aftermarket aero parts
May 6 (Reuters) - Aerospace supplier TransDigm Group TDG.N topped second-quarter profit expectations on Tuesday and maintained its full-year earnings forecast, betting on strong demand for aftermarket parts and services from planemakers and carriers. Delayed delivery of new planes has pushed airline...
Reuters
May 6, 2025
Stocks
Global Payments rises after reporting higher Q1 adjusted profit
** Shares of payments technology firm Global Payments GPN.N up 1.7% at $80.60 in premarket trade ** GPN reports rise in Q1 adjusted profit bolstered by consistent revenue growth from its merchant solutions business** On an adjusted basis, Global Payments reported a 0.5% rise in its merchant solutio...
Reuters
May 6, 2025
Other
Datadog lifts annual revenue forecast on AI-driven cloud security demand
May 6 (Reuters) - Cloud security firm Datadog DDOG.O raised its annual revenue forecast and beat the estimate for quarterly sales on Tuesday, thanks to growth in large customers and AI-driven workloads.The company has benefited significantly from the increased adoption of artificial intelligence tec...
Reuters
May 6, 2025
Stocks
FARO Technologies soars on $920 million acquisition by AMETEK
** Shares of 3D measurement software maker FARO Technologies FARO.O jump 36% to $42.80 in premarket trading** FARO jumps on agreement with industrial tools maker AMETEK AME.N; AME to buy FARO for $44 per share in cash** Offer price represents a 40% premium to FARO's last closing level** Offer va...
Reuters
May 6, 2025
Other
Akebia Therapeutics Inc
expected to post a loss of 4 cents a share - Earnings Preview
Akebia Therapeutics Inc AKBA.OQ AKBA.O is expected to show a rise in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Cambridge Massachusetts-based company is expected to report a 37.6% increase in revenue to $44.883 million from $32.61 million a year ago, ...
Reuters
May 6, 2025
Stocks
Baltic index falls on lower capesize, panamax rates
May 6 (Reuters) - The Baltic Exchange's dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, edged lower on Tuesday, pressured by lower rates across the capesize and panamax segments. * The main index .BADI, which monitors rates for capesize, p...
Reuters
May 6, 2025
Stocks
Colliers International Group Inc reports results for the quarter ended March 31 - Earnings Summary
Colliers International Group Inc CIGI.TO reported quarterly adjusted earnings of 87 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 77 cents. The mean expectation of nine analysts for the quarter was for earnings of 86 cents...
Reuters
May 6, 2025
Commodities
EU will not be pushed into unfair US tariffs deal, says trade chief
EU prepares countermeasures during Trump's 90-day tariff pauseU.S. tariffs cover 70% of EU goods, could rise to 97%EU prefers negotiated solution, but all options remain openEU says partners all phoning bloc to deepen trade ties BRUSSELS, May 6 (Reuters) - The European Union is under no press...
Reuters
May 6, 2025
Other
MACOM Technology Solutions Holdings Inc
expected to post earnings of 84 cents a share - Earnings Preview
MACOM Technology Solutions Holdings Inc MTSI.OQ MTSI.O is expected to show a rise in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Lowell Massachusetts-based company is expected to report a 26.6% increase in revenue to $229.512 million from $181.23 milli...
Reuters
May 6, 2025
Other
Cenovus Energy Inc
expected to post earnings of 37 cents a share - Earnings Preview
Cenovus Energy Inc CVE.TO is expected to show a rise in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Calgary Alberta-based company is expected to report a 3.9% increase in revenue to C$13.924 billion from C$13.4 billion a year ago, according to the est...
Reuters
May 6, 2025
Stocks
WK Kellogg cuts annual sales, profit forecasts on softening packaged food demand
May 6 (Reuters) - WK Kellogg KLG.N cut its annual organic sales and core profit forecasts on Tuesday after weaker consumer spending on its higher-priced products including Frosted Flakes and Apple Jacks cereals. Shares of the Battle Creek, Michigan-based company fell nearly 3% in premarket tr...
Reuters
May 6, 2025
Other
Townsquare Media Inc
expected to post a loss of 4 cents a share - Earnings Preview
Townsquare Media Inc TSQ.N, TSQ is expected to show a fall in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Purchase New York-based company is expected to report a 0.7% decrease in revenue to $98.943 million from $99.63 million a year ago, according to t...
Reuters
May 6, 2025
Stocks
Marriott rises marginally after Q1 earnings beat estimates
** Hotel operator Marriott International's MAR.O shares up 1% to $250 premarket ** 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,...
Reuters
May 6, 2025
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