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Shortseller Wolfpack claims Mercury LA wildfire losses could top $2bn with “severe” capital erosion
By James Thaler, David BullJan 30 - (The Insurer) - Investment firm Wolfpack Research is predicting Mercury General is facing gross losses in excess of $2bn from the ongoing Los Angeles wildfires based on an analysis of rate filings and that the California insurer “will be severely affected” by a lo...Reuters
Jan 30, 2025
Other
Trump's border czar to meet with Canadian officials as tariffs loom, sources say
By Jarrett Renshaw and Ted Hesson Jan 30 (Reuters) - The new U.S. border czar is expected to meet with Canada's top public safety official on Friday just hours before President Donald Trump has promised to level new tariffs on Canada unless it helps deal with the flow of migrants and fentanyl...Reuters
Jan 30, 2025
Stocks
BUZZ-Apple falls as quarterly iPhone, China sales miss estimates
** Shares of Apple AAPL.O rise 1.57% to $233.85 in extended trading** Apple reports fiscal Q1 sales of $124.3 bln vs. est. of $124.12 bln, according to data compiled by LSEG** AAPL posts Oct-Dec quarter profit of $2.40/shr, beats est. of $2.35/shr ** Company's iPhone sales in fiscal Q1 of...Reuters
Jan 30, 2025
Other
FACTBOX-Washington DC plane crash: What we know about the investigation
Updates after NTSB news conference Jan 30 (Reuters) - More than 60 people were killed when an American Airlines AAL.O regional passenger jet collided with a U.S. Army Black Hawk helicopter on Wednesday and crashed into the frigid Potomac River near Ronald Reagan Washington National Airport.Secret...Reuters
Jan 30, 2025
Commodities
Weyerhaeuser quarterly profit slumps as higher costs weigh on timber business
Jan 30 (Reuters) - U.S. timber company Weyerhaeuser WY.N reported a sharp drop in fourth-quarter profit on Thursday as it struggled with higher forestry and road costs in its timberlands unit due to wet weather conditions. The company owns or controls about 10.5 million acres of timberlands in the U...Reuters
Jan 30, 2025
Stocks
Walgreens suspends quarterly dividend amid turnaround efforts
Jan 30 (Reuters) - Walgreens Boots Alliance WBA.O has suspended its quarterly cash dividend amid restructuring efforts, the U.S. pharmacy chain operator said on Thursday.Shares of the company fell nearly 5% in extended trading.Reuters
Jan 30, 2025
Commodities
Baker Hughes beats quarterly profit estimates on oilfield technology demand
Jan 30 (Reuters) - U.S. oilfield technology firm Baker Hughes BKR.O beat Wall Street estimates for fourth-quarter profit on Thursday, helped by demand for its industrial and technology products.The Houston-based company posted an adjusted profit of 70 cents per share for the three months ended Dec. ...Reuters
Jan 30, 2025
Stocks
Cavco Industries Inc reports results for the quarter ended December 31 - Earnings Summary
Cavco Industries Inc CVCO.OQ reported quarterly adjusted earnings of $6.90 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $4.27. The mean expectation of three analysts for the quarter was for earnings of $4.89 per share. Wall ...Reuters
Jan 30, 2025
Stocks
Weyerhaeuser Co reports results for the quarter ended December 31 - Earnings Summary
Weyerhaeuser Co WY.N reported quarterly adjusted earnings of 11 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 16 cents. The mean expectation of eleven analysts for the quarter was for earnings of 7 cents per share. Wall ...Reuters
Jan 30, 2025
Stocks
Gen Digital Inc reports results for the quarter ended December 31 - Earnings Summary
Gen Digital Inc GEN.OQ reported quarterly adjusted earnings of 56 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 49 cents. The mean expectation of eight analysts for the quarter was for earnings of 55 cents per share. Wa...Reuters
Jan 30, 2025
Stocks
Credit Acceptance Corp reports results for the quarter ended December 31 - Earnings Summary
Credit Acceptance Corp CACC.OQ reported quarterly adjusted earnings of $10.17 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $7.29. The mean expectation of four analysts for the quarter was for earnings of $7.93 per share. Wal...Reuters
Jan 30, 2025
Stocks
Olin Corp reports results for the quarter ended December 31 - Earnings Summary
Olin Corp OLN.N reported quarterly adjusted earnings of 18 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 23 cents. The mean expectation of nineteen analysts for the quarter was for a loss of 3 cents per share. Wall Stree...Reuters
Jan 30, 2025
Stocks
Visa Inc reports results for the quarter ended December 31 - Earnings Summary
Visa Inc V.N reported quarterly adjusted earnings of $2.75 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $2.41. The mean expectation of twenty six analysts for the quarter was for earnings of $2.66 per share. Wall Street expe...Reuters
Jan 30, 2025
Stocks
Hilltop Holdings Inc reports results for the quarter ended December 31 - Earnings Summary
Hilltop Holdings Inc HTH.N reported quarterly adjusted earnings of 55 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 44 cents. The mean expectation of four analysts for the quarter was for earnings of 28 cents per share....Reuters
Jan 30, 2025
Stocks
Apple Inc reports results for the quarter ended December 31 - Earnings Summary
Apple Inc AAPL.OQ reported quarterly adjusted earnings of $2.40 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $2.18. The mean expectation of twenty eight analysts for the quarter was for earnings of $2.35 per share. Wall Stre...Reuters
Jan 30, 2025
