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The Hartford P&C CR improves to 92.1% despite $141mn A&E reserve increase
By Michael LoneyJan 30 - (The Insurer) - The Hartford has reported a Q4 earnings beat in results that included the property casualty combined ratio improving 1.6 points, with a worsening in commercial lines and marked improvement in personal lines.The Connecticut-based company reported core earnings...Reuters
Jan 30, 2025
Forex
Mexican peso drops 1% as Trump reiterates tariff threat
By Rodrigo Campos NEW YORK, Jan 30 (Reuters) - The Mexican peso fell 1% against the dollar in a volatile session on Thursday after U.S. President Donald Trump reiterated his threat to impose 25% tariffs on Mexico and Canada, two of its top trade partners.The peso MXN= closed 1% weaker at 20.71 pe...Reuters
Jan 30, 2025
Stocks
Viavi Solutions Inc reports results for the quarter ended December 31 - Earnings Summary
Viavi Solutions Inc VIAV.OQ reported quarterly adjusted earnings of 13 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 11 cents. The mean expectation of eight analysts for the quarter was for earnings of 10 cents per shar...Reuters
Jan 30, 2025
Other
US judge blocks Trump administration from transferring transgender inmate
Federal judge in Boston issues temporary restraining orderTrump's executive order directed government to recognize only two sexesTrump order required transgender women be housed in men's prisonsAdds further details on court case, attorney comment in paragraphs 4-12By Nate Raymond BOSTON, ...Reuters
Jan 30, 2025
Other
Colombia's Grupo Argos more than triples profit in 2024
Jan 30 (Reuters) - Colombia's Grupo Argos ARG.CN reported a 221% increase in net profit in 2024, rising to 2.53 trillion pesos ($609 million), the conglomerate announced in a statement on Thursday.Argos, with units in the energy, cement and airport operations, saw revenue last year grow 148% to ...Reuters
Jan 30, 2025
Other
Eastman Chemical posts Q4 profit beat as destocking ends in key markets
Jan 30 (Reuters) - Eastman Chemical EMN.N beat fourth-quarter profit estimates on Thursday, as the company benefited from a decline in destocking trends across key markets. The company makes a vast range of chemicals used in manufacturing a variety of end-products in the construction, agricultural a...Reuters
Jan 30, 2025
Forex
Brazil's finance minister sees food prices falling this year, though still at high levels
SAO PAULO, Jan 30 (Reuters) - Brazilian Finance Minister Fernando Haddad said on Thursday he expects food prices to soften this year due to strong agricultural production and as Brazil's currency regains some ground, but noted that prices would likely still remain high.In an interview with local...Reuters
Jan 30, 2025
Commodities
US Plains HRW Wheat-Basis flat as futures near 3-month peak
CHICAGO, Jan 30 (Reuters) - Basis bids for hard red winter wheat in the southern U.S. Plains were steady on Thursday, spot checks showed, while grain merchandisers reported only light farmer selling as K.C. HRW wheat futures climbed to near three-month highs.* Protein premiums for HRW wheat shipped ...Reuters
Jan 30, 2025
Commodities
IT issues trigger brief ground stop for Frontier Airlines flights, US FAA says
Updates with ground stop liftedJan 30 (Reuters) - IT issues at Frontier Airlines ULCC.O triggered a brief ground stop at all of the U.S. budget carrier's destinations on Thursday evening, according to an advisory from the U.S. Federal Aviation Administration.The ground stop was requested by the ...Reuters
Jan 30, 2025
Other
Insurtech Openly raises $193mn in growth financing led by Eden, Allianz X
By Isha MaratheJan 30 - (The Insurer) - Homeowners insurtech Openly has raised $193mn in a growth financing round led by Eden Global Partners and Allianz X – with Eden providing $123mn in equity capital and Allianz X with a $70mn senior note – over a year after its $100mn Series D. The round also i...Reuters
Jan 30, 2025
Commodities
GRAPHIC-Trump tariff uncertainties push safe-haven gold to record high
Gold could trade above $3,000 this year, analysts predictChina's central bank continues gold purchases, supporting pricesBy Anjana Anil and Sherin Elizabeth Varghese Jan 31 (Reuters) - Safe-haven demand due to geopolitical uncertainties and concerns over global economic growth amid U.S. Presi...Reuters
Jan 30, 2025
Other
Soccer-'Anything is possible' - Amorim says Man United must target trophy
By Peter HallBUCHAREST, Jan 30 (Reuters) - Ruben Amorim insisted that despite his difficult start as Manchester United manager, his side must target winning the Europa League after booking their last-16 spot with a 2-0 victory at Steaua Bucharest on Thursday. Amorim became the first United manager t...Reuters
Jan 30, 2025
Other
Massachusetts lobster fishing limits to protect whales restored by appeals court
Appeals court in Boston restores fisheries service ruleLobstermen said rule ran afoul of Supreme Court decisionConservation groups hail victory for right whalesBy Jonathan StempelJan 30 (Reuters) - A federal appeals court on Thursday restored a U.S. agency rule restricting lobster and Jonah crab fis...Reuters
Jan 30, 2025
Cryptocurrencies
Dogecoin Open Interest Climbs To $4 Billion Again After Market Rebound
The crypto market is back up again after a recent decline like clockwork, and prices are starting to push up once more. Interestingly, this renewed momentum has seen Dogecoin open interest flipping from a negative threshold into a positive one. As the meme coin’s price gains traction, traders are on...NewsBTC
Jan 30, 2025
Other
Gallagher Q4 brokerage organic growth accelerates to 7.1% as adj Ebitdac margin rises 170 bps
By Chris MunroJan 30 - (The Insurer) - Arthur J Gallagher (AJG)’s brokerage organic growth accelerated to 7.1 percent in Q4 2024 from the previous quarter’s 6.0 percent, while the segment’s adjusted Ebitdac margin increased by 170 basis points year on year to 33.1 percent.The fourth quarter 2024 org...Reuters
Jan 30, 2025
Commodities
CIF/FOB Gulf Grain-Soybean barge basis flat to lower on poor demand
CHICAGO, Jan 30 (Reuters) - Basis bids for soybeans shipped by barge to the U.S. Gulf Coast were flat to lower on Thursday, pressured by plentiful spot supplies and weak demand from exporters, while CIF corn basis bids were mostly unchanged, traders said.* Gulf exporters were well supplied with soyb...Reuters
Jan 30, 2025
Stocks
First of Long Island Corp reports results for the quarter ended December 31 - Earnings Summary
First of Long Island Corp FLIC.OQ reported quarterly adjusted earnings of 14 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 27 cents. The mean expectation of two analysts for the quarter was for earnings of 24 cents per s...Reuters
Jan 30, 2025
Stocks
Shore Bancshares Inc reports results for the quarter ended December 31 - Earnings Summary
Shore Bancshares Inc SHBI.OQ reported quarterly adjusted earnings of 40 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 32 cents. The mean expectation of two analysts for the quarter was for earnings of 36 cents per share...Reuters
Jan 30, 2025
