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Everest swings to underwriting loss of $104 million in Q1 on higher cat losses
Operating EPS of $6.45 misses $7.59 consensus, down from $16.32 in Q1 2024102.7% combined ratio compares with 88.8% in Q1 2024$472 million of pre-tax cat losses up from $85 million in Q1 2024Washington, D.C. aviation losses contribute 2.0 points to attritional loss ratioGWP drops 0.5% to $4.39 billi...Reuters
Apr 30, 2025
Other
Tesla's head of battery architecture Vineet Mehta departs, the Information reports
April 30 (Reuters) - Tesla's TSLA.O head of battery architecture, veteran Vineet Mehta, is departing from the company, the Information reported on Wednesday, citing people familiar with the matter.Mehta appears to have first widely informed his staff of his departure on Tuesday, with no indicati...Reuters
Apr 30, 2025
Other
US House votes to rescind approval for California heavy-duty truck rules
WASHINGTON, April 30 (Reuters) - The U.S. House of Representatives on Wednesday voted to rescind the Environmental Protection Agency's 2023 approval of California's plans to require a rising number of zero-emission heavy-duty trucks.The House is also voting on Wednesday on whether to repeal ...Reuters
Apr 30, 2025
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CORRECTED-US nuclear force costs projected to soar to $946 billion through 2034, CBO says
US nuclear forces projected to cost 25% more than 2023 estimate Sentinel ICBM development faces 81% cost overrunTrump $1 trillion defense pledge complicated by rising nuclear costsBy Jonathan LandayWASHINGTON, April 24 (Reuters) - The costs of operating and modernizing America's nuclear forces t...Reuters
Apr 30, 2025
Stocks
Custom Truck One Source Inc reports results for the quarter ended March 31 - Earnings Summary
Custom Truck One Source Inc CTOS.N reported a quarterly adjusted loss of 8 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -6 cents. The mean expectation of six analysts for the quarter was for a loss of 6 cents per share. Wa...Reuters
Apr 30, 2025
Stocks
Guardant Health Inc reports results for the quarter ended March 31 - Earnings Summary
Guardant Health Inc GH.OQ reported a quarterly adjusted loss of 84 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -94 cents. The mean expectation of twenty four analysts for the quarter was for a loss of 81 cents per share....Reuters
Apr 30, 2025
Stocks
Antero Midstream Corp reports results for the quarter ended March 31 - Earnings Summary
Antero Midstream Corp AM.N reported quarterly adjusted earnings of 25 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 21 cents. The mean expectation of seven analysts for the quarter was for earnings of 24 cents per share. W...Reuters
Apr 30, 2025
Other
Demand ’solid’ despite surprise fall in Q1 GDP amid tariff-driven surge in imports
Investing.com -- The U.S. economy unexpectedly contracted in the first quarter as the rush to beat the tariff deadline sent imports surging, data showed Wednesday, but the fall in growth masks the undInvesting.com
Apr 30, 2025
Stocks
Why Broadcom Stock Eked out a win on Wednesday
On a fairly forgettable Wednesday for U.S. stock markets, Broadcom (NASDAQ: AVGO) was a bit of an outperformer. The company's stock saw a bump in price, rising by 0.7% after an analyst initiated coverage with a positive evaluation. That performance, although modest, was good enough to top the essent...The Motley Fool
Apr 30, 2025
Stocks
Conmed Corp reports results for the quarter ended March 31 - Earnings Summary
Conmed Corp CNMD.N reported quarterly adjusted earnings of 95 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 79 cents. The mean expectation of seven analysts for the quarter was for earnings of 81 cents per share. Wall Stre...Reuters
Apr 30, 2025
Stocks
Pulmonx Corp reports results for the quarter ended March 31 - Earnings Summary
Pulmonx Corp LUNG.OQ reported a quarterly adjusted loss of 36 cents per share for the quarter ended March 31, identical to the same quarter last year. The mean expectation of seven analysts for the quarter was for a loss of 40 cents per share. Wall Street expected results to range from -47 cents ...Reuters
Apr 30, 2025
Other
The Hanover reports Q1 earnings beat as combined ratio improves to 94.1%
Q1 operating EPS of $3.87 beats $3.45 consensus, up from $3.08 per share in Q1 2024Combined ratio of 94.1% down from 95.5% in Q1 2024 Net premiums written up 3.9% to $1.51 billion By Mia MacGregorApril 30 - (The Insurer) - The Hanover Insurance Group has reported an earnings beat for the first quart...Reuters
Apr 30, 2025
Stocks
NETGEAR Inc reports results for the quarter ended March 31 - Earnings Summary
NETGEAR Inc NTGR.OQ reported quarterly adjusted earnings of 2 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -28 cents. The mean expectation of two analysts for the quarter was for a loss of 37 cents per share. Revenue fell...Reuters
Apr 30, 2025
Stocks
KORE Group Holdings Inc reports results for the quarter ended December 31 - Earnings Summary
KORE Group Holdings Inc KORE.N reported a quarterly adjusted loss of 95 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-1.70. The mean expectation of two analysts for the quarter was for a loss of 44 cents per share. Re...Reuters
Apr 30, 2025
Other
US and Ukraine sign deal to form reconstruction investment fund, Washington says
WASHINGTON, April 30 (Reuters) - The U.S. and Ukraine signed a deal on Wednesday to establish a reconstruction investment fund, the U.S. Treasury Department said in a statement."In recognition of the significant financial and material support that the people of the United States have provided to...Reuters
Apr 30, 2025
Other
General Dynamics Electric Boat Awarded $12 Billion Contract Modification For Virginia-Class Submarines
April 30 (Reuters) - General Dynamics Corp GD.N:GENERAL DYNAMICS ELECTRIC BOAT AWARDED $12 BILLION CONTRACT MODIFICATION FOR VIRGINIA-CLASS SUBMARINESGENERAL DYNAMICS CORP - INCLUDES OPTIONS WHICH, IF EXERCISED, WOULD BRING THE CUMULATIVE VALUE TO $17.2 BILLIONReuters
Apr 30, 2025
Other
Healthcare REIT Ventas beats quarterly FFO estimates on stable senior housing demand
April 30 (Reuters) - Ventas VTR.N on Wednesday posted better-than-expected normalized funds from operations (FFO) for the first quarter, driven by stable demand for its assisted living and senior housing properties.The Chicago-based healthcare REIT owns and leases senior housing and healthcare prope...Reuters
Apr 30, 2025
Stocks
Bloom Energy Corp reports results for the quarter ended March 31 - Earnings Summary
Bloom Energy Corp BE.N reported quarterly adjusted earnings of 3 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -17 cents. The mean expectation of nineteen analysts for the quarter was for a loss of 7 cents per share. Wall ...Reuters
Apr 30, 2025
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