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Williams beats first quarter profit estimates, says CEO to step down
May 5 (Reuters) - U.S. pipeline operator Williams WMB.N beat first-quarter profit estimates on Monday, and said Alan Armstrong will step down as the chief executive officer, effective July 1.The company posted an adjusted profit of 60 cents per share for the quarter ended March 31, compared with ave...Reuters
May 5, 2025
Other
Niagen Bioscience Inc expected to post earnings of 2 cents a share - Earnings Preview
Niagen Bioscience Inc NAGE.OQ NAGE.O is expected to show a rise in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The Los Angeles California-based company is expected to report a 22.3% increase in revenue to $27.1 million from $22.15 million a year ago, accor...Reuters
May 5, 2025
Other
Torex Gold Resources Inc expected to post earnings of 25 cents a share - Earnings Preview
Torex Gold Resources Inc TXG.TO is expected to show a fall in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The Toronto Ontario-based company is expected to report a 26.8% decrease in revenue to $173 million from $236.5 million a year ago, according to the ...Reuters
May 5, 2025
Other
Zillow Group Inc expected to post earnings of 38 cents a share - Earnings Preview
Zillow Group Inc Z.OQ, Z.O is expected to show a rise in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The Seattle Washington-based company is expected to report a 11.1% increase in revenue to $587.578 million from $529 million a year ago, according to the m...Reuters
May 5, 2025
Other
Invesco Mortgage Capital Inc expected to post earnings of 57 cents a share - Earnings Preview
Invesco Mortgage Capital Inc IVR.N, IVR is expected to show a rise in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The Atlanta Georgia-based company is expected to report a 10.3% increase in revenue to $75.628 million from $68.58 million a year ago, accordi...Reuters
May 5, 2025
Other
American States Water Co expected to post earnings of 67 cents a share - Earnings Preview
American States Water Co AWR.N, AWR is expected to show a rise in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The San Dimas California-based company is expected to report a 7.8% increase in revenue to $145.85 million from $135.25 million a year ago, accord...Reuters
May 5, 2025
Other
Vanda Pharmaceuticals Inc expected to post a loss of 60 cents a share - Earnings Preview
Vanda Pharmaceuticals Inc VNDA.OQ VNDA.O is expected to show a fall in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The Washington Washington Dc-based company is expected to report a 4.9% decrease in revenue to $45.134 million from $47.46 million a year ago...Reuters
May 5, 2025
Other
Zevra Therapeutics Inc expected to post a loss of 19 cents a share - Earnings Preview
Zevra Therapeutics Inc ZVRA.OQ ZVRA.O is expected to show a rise in quarterly revenue when it reports results on May 7 (estimated) for the period ending March 31 2025The Celebration Florida-based company is expected to report a 395.1% increase in revenue to $16.958 million from $3.43 million a yea...Reuters
May 5, 2025
Other
Trump orders ban on federal funds for gain-of-function research seen as dangerous, Fox News reports
WASHINGTON, May 5 (Reuters) - U.S. President Donald Trump signed an executive order on Monday that bans federal funding for gain-of-function research seen as dangerous, Fox News reported, citing a White House statement.The order bans federal funding towards such research in China, Iran and other cou...Reuters
May 5, 2025
Stocks
LIVE MARKETS-US stocks end lower, break nine day winning streak
Stocks end red; Nasdaq down 0.74% Energy off most among S&P sectors; Staples only gainerDollar slips; bitcoin down ~1.5%; crude off >2%; gold up >2.5%US 10-Year Treasury yield edges up to ~4.34%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You c...Reuters
May 5, 2025
Other
Global Medical REIT Inc expected to post earnings of 1 cent a share - Earnings Preview
Global Medical REIT Inc GMRE.N, GMRE.K is expected to show a rise in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The Bethesda Maryland-based company is expected to report a 1.0% increase in revenue to $35.478 million from $35.12 million a year ago, accordi...Reuters
May 5, 2025
Other
Clorox cuts annual sales forecast as consumer demand weakens amid economic uncertainty
May 5 (Reuters) - Clorox CLX.N trimmed its annual sales forecast on Monday, as the bleach maker saw weak consumer demand in the backdrop of economic uncertainty spurred by U.S. President Donald Trump's tariffs. The company's exposure to tariffs was limited, with a single-digit percent...Reuters
May 5, 2025
Commodities
Valero Says Fire At Its Benicia, California Refinery Has Been Extinguished
May 5 (Reuters) - VALERO ENERGY CORP:SAYS FIRE OCCURRED AT VALERO’S BENICIA, CALIFORNIA REFINERY HAS BEEN EXTINGUISHEDSAYS ALL PERSONNEL ACCOUNTED FOR AND THERE ARE NO INJURIES, CAUSE OF INCIDENT IS UNDER INVESTIGATION AT VALERO’S BENICIA, CALIFORNIA REFINERY RELATED: nL1N3RD0RREFINERY CAPACITY: 145...Reuters
May 5, 2025
Other
Consensus Cloud Solutions Inc expected to post earnings of $1.31 a share - Earnings Preview
Consensus Cloud Solutions Inc CCSI.OQ CCSI.O is expected to show a fall in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The Los Angeles California-based company is expected to report a 1.3% decrease in revenue to $87.022 million from $88.15 million a year a...Reuters
May 5, 2025
Economic Indicator
TREASURIES-US yields rise modestly after solid services sector data
US ISM services sector data shows prices paid at two-year highUS yield curve steepens post-ISM services dataTreasury's three-year note sale comes in better than expectedBessent says 17 trading partners have very good proposalsBy Gertrude Chavez-Dreyfuss NEW YORK, May 5 (Reuters) - U.S. Treasu...Reuters
May 5, 2025
Technical Analysis
AUD/USD posts fresh highs as trade optimism and economic data boost Aussie
The AUD/USD pair surged on Monday, reaching a fresh five-month high near the 0.6500 level. The Australian Dollar (AUD) benefits from a range of factors, including the US Dollar’s (USD) weakness, a solid economic report from the US and the strengthening of global risk sentiment.
Fxstreet
May 5, 2025
Other
Phibro Animal Health Corp expected to post earnings of 52 cents a share - Earnings Preview
Phibro Animal Health Corp PAHC.OQ PAHC.O is expected to show a rise in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The Teaneck New Jersey-based company is expected to report a 33.9% increase in revenue to $352.405 million from $263.2 million a year ago, ac...Reuters
May 5, 2025
Other
IAC's core profit rises on strength from Dotdash Meredith
May 5 (Reuters) - IAC IAC.O reported a rise in core profit in the first quarter on Monday, driven by lower expenses and steady growth in its largest business.Dotdash Meredith, IAC's biggest business, which owns and operates top brands such as Food & Wine magazine and Investopedia, reported a...Reuters
May 5, 2025
Other
Chesapeake Utilities Corp expected to post earnings of $2.32 a share - Earnings Preview
Chesapeake Utilities Corp CPK.N, CPK is expected to show a rise in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The Dover Delaware-based company is expected to report a 2.7% increase in revenue to $252.3 million from $245.74 million a year ago, according to...Reuters
May 5, 2025
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