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By David BullJan 29 - (The Insurer) – As the industry continues to count the cost of the tragic and devastating LA wildfires, demand for E&S products in California is expected to further increase after years of retrenchment by admitted carriers.That potentially creates an opportunity for the sec...Reuters
Jan 30, 2025
Commodities
US Cash Grains-Soy basis bids steady to lower as futures fall back
CHICAGO, Jan 30 (Reuters) - Spot basis bids for soybeans were flat or fell in the U.S. Midwest on Thursday, as futures retreated from six-month highs hit the previous day. Corn bids were mixed at elevators. * The soy basis fell 4 cents at an elevator in Ohio and 2 cents at an Illinois river ...Reuters
Jan 30, 2025
Stocks
BUZZ-Waste Management Inc gains after upbeat annual revenue forecast
** Waste Management Inc's WM.N shares rise as much as 5.6% to $221.25 ** Company forecast annual revenue above estimates on Wednesday, anticipating higher prices for garbage collection and disposal** Sees 2025 revenue between $25.55 billion and $25.8 billion vs est $25.46 billion - LSEG** Compan...Reuters
Jan 30, 2025
Other
Trump says authorities have "strong opinions" on causes of Washington plane crash
WASHINGTON, Jan 30 (Reuters) - President Donald Trump on Thursday said U.S. authorities have "strong opinions" on what caused the deadly collision between an American Airlines regional passenger plane and a U.S. Army Black Hawk helicopter. "We do not know what led to this crash, but we h...Reuters
Jan 30, 2025
Cryptocurrencies
Ripple CEO Garlinghouse Accused Of Corruption By Swan Co-Founder
Brady Swenson, co-founder of the Bitcoin-focused financial services platform Swan, unleashed a series of accusations against Ripple CEO Brad Garlinghouse on January 29 via X. Swenson began with an unequivocal statement—“Corrupt Brad … No, Brad Garlinghouse is not a man of integrity. His actions over...Bitcoinist
Jan 30, 2025
Stocks
Annaly Capital Management (NLY) Q4 2024 Earnings Call Transcript
Image source: The Motley Fool.Annaly Capital Management (NYSE: NLY)Q4 2024 Earnings CallJan 30, 2025, 9:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning, everyone, and welcome to the Q4 2024 Annaly Capital Management earnings conf...The Motley Fool
Jan 30, 2025
Stocks
Dynatrace (DT) Q3 2025 Earnings Call Transcript
Image source: The Motley Fool.Dynatrace (NYSE: DT)Q3 2025 Earnings CallJan 30, 2025, 8:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGreetings, welcome to Dynatrace fiscal third quarter 2025 earnings call. [Operator instructions] As a remin...The Motley Fool
Jan 30, 2025
Other
Axis’s Tizzio: Casualty pricing “strong and accelerating”, with US primary up 29% in Q4
By Michael LoneyJan 30 - Axis Capital CEO Vince Tizzio has commented that liability rates remain “strong” and “accelerating” with primary casualty up 29 percent and excess up 18 percent in Q4, and noted that the Los Angeles wildfires will not be a “material event” for the (re)insurer.On an investor ...Reuters
Jan 30, 2025
Commodities
Buyout firm NGP seeks $2 billion sale of gas producer Camino, sources say
One of largest privately-held Anadarko basin producersSale process formally kicked off earlier this monthRecord breaking energy sector consolidation set to continueDeal may benefit from focus shifting away from Permian basinBy Shariq Khan and David French Jan 30 (Reuters) - Private equity firm NG...Reuters
Jan 30, 2025
Other
Mexico president to Google: Wrong to accept Trump's Gulf of Mexico name change
Adds more information, quotes MEXICO CITY, Jan 30 (Reuters) - Mexican President Claudia Sheinbaum on Thursday said Google GOOGL.O is wrong to change the name of the Gulf of Mexico on its Google Maps platform after U.S. President Donald Trump ordered the body of water be renamed the "Gulf of A...Reuters
Jan 30, 2025
Other
Soccer-Denver to join NWSL in 2026 after franchise award
Jan 30 (Reuters) - Denver, Colorado has become the latest city to benefit from the National Women's Soccer League's rapid expansion after being awarded a franchise on Thursday that will join the NWSL in the 2026 season.Denver is the second franchise awarded by the NWSL during this round of e...Reuters
Jan 30, 2025
Other
WHO cites reports saying 45 dead in Congo fighting, warns of disease risks
GENEVA, Jan 30 (Reuters) - The World Health Organization said on Thursday that over 2,000 people have been wounded by fighting in and around Congo's city of Goma and 45 people have died, citing unnamed reports. "There are reports of 2,029 wounded in health facilities and other points of care...Reuters
Jan 30, 2025
Other
CA, FL and TX all book double-digit surplus lines growth in 2024
By Chris MunroJan 29 - (The Insurer) - The three largest surplus lines stamping offices all once again registered record levels of premium volume in 2024 with California, Florida and Texas seeing double-digit growth.Collectively, the three states’ surplus lines stamping offices booked $52.7bn of pre...Reuters
Jan 30, 2025
Stocks
Thermo Fisher sees robust 2025 profit on improved demand for its tools and services
Rewrites paragraph 1, adds 2025 profit forecast in paragraph 6, adds graphic Jan 30 (Reuters) - Thermo Fisher Scientific TMO.N on Thursday forecast annual profit above Wall Street estimates, banking on improved demand for its products and services used in developing therapies, sending its shares ...Reuters
Jan 30, 2025
Cryptocurrencies
5 New Crypto to Explode as Trump Starts New Crypto Venture with Charles Schwab
Trump Media & Technology Group (TMTG) has announced a new crypto venture, Truth.Fi, in partnership with Charles Schwab, a giant of the financial services industry. The venture, which is being called ‘a natural expansion of the Truth Social movement,’ will offer several investment opt...NewsBTC
Jan 30, 2025
Stocks
South African rand climbs after rate cut, US growth data
Updates prices as of 1559 GMT JOHANNESBURG, Jan 30 (Reuters) - South Africa's rand gained on Thursday after data showed U.S. economic growth slowed in the fourth quarter, while the South African Reserve Bank cut its main lending rate for the third time in a row.At 1801 GMT, the rand traded at...Reuters
Jan 30, 2025
Other
Menzinger succeeds Douglas as chair of IDF operating committee
By Scott VincentJan 30 - (The Insurer) - Ivo Menzinger has replaced Rowan Douglas as chair of the Insurance Development Forum (IDF) operating committee. Menzinger currently serves as managing director of Swiss Re’s public sector business. He previously served as deputy chair of the IDF’s operating c...Reuters
Jan 30, 2025
Stocks
CSW Industrials Inc reports results for the quarter ended December 31 - Earnings Summary
CSW Industrials Inc CSWI.OQ reported quarterly adjusted earnings of $1.60 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 59 cents. The mean expectation of five analysts for the quarter was for earnings of $1.44 per share. Wall...Reuters
Jan 30, 2025
