News
Important Only
Other
FACTBOX-What Trump has done to remake US government so far
By Tim Reid WASHINGTON, Jan 30 (Reuters) - U.S. President Donald Trump has signed a blizzard of executive orders and taken other actions since his inauguration on Jan. 20 to remake and reduce the size of America's 2.2 million-strong federal workforce.Trump's moves include offering buy...Reuters
Jan 30, 2025
Stocks
Sherwin-Williams forecasts annual profit below estimates on soft demand
Adds analyst comment in paragraph 5, updates shares in paragraph 6 Jan 30 (Reuters) - Paint maker Sherwin-Williams SHW.N on Thursday forecast current-year adjusted profit below analysts' expectations, hurt by continued demand choppiness."We expect demand softness to persist in several end...Reuters
Jan 30, 2025
Commodities
Rising trend of claims denials heightens scrutiny on US carriers
By George AbbottJan 30 - (The Insurer) - Something is wrong with Florida’s insurance claims process, Dr Martin Weiss, founder of Weiss Ratings, has warned, after nearly half of claims made to certain insurers in the state were denied in 2023.The white paper discussing these issues was released in...Reuters
Jan 30, 2025
Stocks
BUZZ-Caterpillar falls after rev miss, forecast for 2025 sales dip
** Shares of Caterpillar CAT.N were down 4.7% in late morning trading Thurs after the co forecast a slight sales drop in 2025 and reported qtrly rev that missed analysts' expectations ** The construction equipment maker cited dealers cutting back purchases of equipment** The co also reported bef...Reuters
Jan 30, 2025
Other
Trump says US has been in contact with Moscow over deaths of Russians in air crash
WASHINGTON, Jan 30 (Reuters) - President Donald Trump on Thursday said Washington has been in contact with Moscow regarding the deaths of Russians in an air collision in Washington between a passenger jet and a helicopter."We've already been in contact with Russia," Trump told a news co...Reuters
Jan 30, 2025
Stocks
LIVE MARKETS-Thursday data roundup: GDP, jobless claims, pending home sales
S&P 500, Dow gain; Nasdaq turns redReal estate best S&P performing sector; Tech sole declinerEuro STOXX 600 index up ~0.9%Dollar flat; crude gains; gold up >1%; bitcoin up ~2%U.S. 10-Year Treasury yield falls to ~4.53%Welcome to the home for real-time coverage of markets brought to you by...Reuters
Jan 30, 2025
Other
BRIEF-Valneva, U.S. Government Sign $32.8 Million Ixiaro® Supply Contract
Jan 30 (Reuters) - Valneva SE VLS.PA:VALNEVA ANNOUNCES NEW IXIARO® SUPPLY CONTRACT WITH THE U.S. GOVERNMENT WORTH A MINIMUM OF $32.8 MILLIONNEW CONTRACT WILL COMMENCE IMMEDIATELY.Source text: nGNX6gsxZhFurther company coverage: VLS.PAReuters
Jan 30, 2025
Stocks
Northrop beats quarterly profit expectations on military equipment demand
Recasts first paragraph, adds shares in paragraph 5, background in paragraph 8, comments from analyst call in paragraphs 9 & 10By Utkarsh Shetti and Mike Stone Jan 30 (Reuters) - U.S. defense company Northrop Grumman NOC.N beat estimates for quarterly profit on Thursday, as headwinds from its...Reuters
Jan 30, 2025
Other
Former Allied World exec Keating sentenced to 20 months for defrauding (re)insurer of more than $1.4mn
By Mia MacGregorJan 30 - (The Insurer) - James Keating, former assistant vice president and surety bond claims handler at Allied World, has been sentenced to 20 months in prison followed by three years of supervised release for defrauding his former employer of over $1.4mn.Keating, who later held a ...Reuters
Jan 30, 2025
Stocks
BUZZ-Murphy Oil falls on Q4 miss
** Shares of U.S. oil and gas producer Murphy Oil MUR.N fall 5% to $27.73 - lowest since July 2022** Co reports Q4 adj. EPS of 35 cents vs. est. 56 cents - LSEG** Revenue fell 20.5% to $669.57 mln from a year ago; analysts expected $740.18 mln** MUR saw production hit of 10,800 barrels of oil equiva...Reuters
Jan 30, 2025
Other
CORRECTED-Novo Nordisk will test CagriSema's long-term efficacy in late-stage trial, clinicaltrials.gov entry shows
Corrects headline and first two paragraphs to show the trial is to test long-term efficacy, not the late-stage CagriSema trial planned after data in December LONDON, Jan 30 (Reuters) - Novo Nordisk NOVOb.CO will begin a late-stage trial of its experimental next-generation obesity drug CagriSema o...Reuters
Jan 30, 2025
Other
Selective adds $200mn of limit and personal lines buy-down to cat program
By Chris MunroJan 30 - (The Insurer) - Selective bought another $200mn of limit and added a new personal lines-only buy-down layer to its property catastrophe reinsurance program at 1 January, while the carrier confirmed its Hurricane Helene loss estimate “has held up well” and said its California w...Reuters
Jan 30, 2025
Other
Kering sells Italian luxury outlets to U.S. investor Simon
PARIS, Jan 30 (Reuters) - French luxury group Kering announced on Thursday it had sold 100% of its Italian The Mall Luxury Outlets to U.S. real estate investor Simon, generating some 350 million euros in net proceeds as part of a wider plan to restructure its real estate portfolio. Kering's bran...Reuters
Jan 30, 2025
Other
Selective trades down 10% after reserve strengthening-driven earnings miss
By Chris MunroJan 30 - (The Insurer) - Selective Insurance Group’s share price was down more than 10 percent in early morning trading on Thursday as investors responded to the carrier’s Q4 2024 earnings miss.The company’s stock was trading at $84.35 at 11:00 in New York on Thursday, down 10.3 percen...Reuters
Jan 30, 2025
Other
Marsh exec Donnelly to join WTW as Chang replacement to lead NA Risk & Broking
By David BullJan 30 - (The Insurer) - WTW has brought in Pat Donnelly from Marsh as head of Risk & Broking (R&B) for North America, effectively replacing Michael Chang following his exit late last year, The Insurer understands.According to sources, Donnelly, who was most recently president f...Reuters
Jan 30, 2025
Stocks
Sherwin-Williams Co reports results for the quarter ended December 31 - Earnings Summary
Sherwin-Williams Co SHW.N reported quarterly adjusted earnings of $2.09 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $1.81. The mean expectation of twenty three analysts for the quarter was for earnings of $2.06 per share. W...Reuters
Jan 30, 2025
Other
Trump's national intelligence chief nominee Gabbard attacks 'politicization' of intelligence
WASHINGTON, Jan 30 (Reuters) - Former U.S. Representative Tulsi Gabbard, President Donald Trump's choice to be director of national intelligence, criticized intelligence agencies at her confirmation hearing on Thursday, and vowed to protect whistleblowers if the Senate backs her for the position...Reuters
Jan 30, 2025
Stocks
Microsoft Stock Is Now in a Correction -- Is This a Buying Opportunity?
The stock market was having a mixed day on Thursday, with the Dow Jones Industrial Average (DJINDICES: ^DJI) slightly higher and the S&P 500 (SNPINDEX: ^GSPC) marginally lower. However, tech giant Microsoft (NASDAQ: MSFT) was a big exception, with shares down by more than 6% at 11 a.m. ET.As you mig...The Motley Fool
Jan 30, 2025
