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Southwest Airlines profit exceeds expectations on improved pricing power
Jan 30 (Reuters) - U.S. budget carrier Southwest Airlines' LUV.N fourth-quarter profit surpassed Wall Street estimates on Thursday, helped by robust travel demand and improved airfares.The airline also forecast better-than-expected unit revenue (RASM), a proxy for pricing power, for the first qu...
Reuters
Jan 30, 2025
Stocks
Celestica Inc reports results for the quarter ended December 31 - Earnings Summary
Celestica Inc CLS.TO reported quarterly adjusted earnings of $1.11 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 65 cents. The mean expectation of nine analysts for the quarter was for earnings of $1.06 per share. Wall Street...
Reuters
Jan 30, 2025
Stocks
STMicroelectronics says too early to guide for 2025 after gloomy Q1 view
STMicro expects Q1 results to mark the bottom of 2025CEO says poor visibility, inventory correction cloud outlookPlans production cuts in Q1, could be prolonged into Q2Shares fall as much as 9.3% to lowest since June 2020Adds shares in paragraph 2, management comments on outlook and plant closures i...
Reuters
Jan 30, 2025
Stocks
BUZZ-Dow rises on plan to cut 1,500 jobs globally
** Shares of chemical company Dow DOW.N rise 2.1% to $41.90 premarket** Company to reduce headcount by about 1,500 employees globally** DOW expects $500 mln to $700 mln reduction in direct costs** Company to record a charge of $250 mln to $325 mln in Q1 2025 for severance and related benefit costs**...
Reuters
Jan 30, 2025
Commodities
FACTBOX-Germany builds up LNG import terminals
Updates Nov. 19 Factbox to link to Deutsche ReGas story, rearranges order, updates links Jan 30 (Reuters) - Germany is expanding its natural gas import options to replace Russian supply, a drive intensified by the latest suspension of Russian flows via Ukraine and U.S. President Donald Trump targ...
Reuters
Jan 30, 2025
Stocks
BUZZ-Levi's falls on lower 2025 profit forecast
** Jeans maker Levi Strauss' LEVI.N shares down 7.5% at $16.73 premarket ** Company forecast annual adjusted profit per share in a range of $1.20 and $1.25, below analysts' expectations of $1.37 - LSEG data ** "Looking ahead, LEVI appears to be taking a conservative outlook for FY25 wit...
Reuters
Jan 30, 2025
Commodities
U.S. nuclear power plant outages
Adds outages tableJan 30 (Reuters) - The following table lists total U.S. nuclear power generation capacity and the capacity offline due to planned and unplanned reasons, according to the daily data from the U.S. Nuclear Regulatory Commission.Total capacity EL-USTOTCAP-MW ......... 96,986 MW ...
Reuters
Jan 30, 2025
Stocks
Fevertree shares soar as Molson Coors takes stake, gains US distribution rights
Molson Coors gains exclusive U.S. rights to Fevertree productsFevertree shares jump nearly 24%Jefferies sees deal as a game changer for FevertreeRecasts paragraph 1, updates shares in paragraph 2, adds analyst comment paragraph 6, background in paragraph 10By Shashwat Awasthi Jan 30 (Reuters) - S...
Reuters
Jan 30, 2025
Stocks
Axon Enterprise Stock Skyrocketed in 2024 and Left the S&P 500 in the Dust. What's in Store for 2025?
Axon Enterprise (NASDAQ: AXON) is one of the world's premier law enforcement technology companies. And 2024 was an absolute banner year for its shareholders.Axon Enterprise is a pioneer in less-lethal firearms with its well-known Tasers. But years after originally marketing the Taser, the company br...
The Motley Fool
Jan 30, 2025
Other
EXCLUSIVE-Inside a US security firm's risky Gaza mission
By Jonathan Landay and Aram Roston WASHINGTON, Jan 30 (Reuters) - A small U.S. security firm is hiring nearly 100 U.S. special forces veterans to help run a checkpoint in Gaza during the Israel-Hamas truce, according to a company spokesperson and a recruitment email seen by Reuters, introducing a...
Reuters
Jan 30, 2025
Stocks
REFILE-Tesla expects capital expenditure to exceed $11 bln in 2026, 2027
Corrects typo in paragraph 1Jan 30 (Reuters) - Tesla TSLA.O expects capital expenditure to exceed $11 billion this year and in each of the following two fiscal years, the electric automaker said in a filing on Thursday.The company had said in October it expected spending to be between $8 billion and...
Reuters
Jan 30, 2025
Other
Syrian minister to attend Paris conference to coordinate international efforts - document
PARIS, Jan 30 (Reuters) - Syrian Foreign Minister Asaad Hassan al-Shibani will attend a conference in Paris on Feb. 13 aimed at coordinating regional and international action in support of his country's transitional process, a document sent to invitees showed.The document, seen by Reuters, showe...
Reuters
Jan 30, 2025
Stocks
BUZZ-Cigna falls after 2025 profit forecast misses estimates
** Health insurer Cigna's CI.N shares fall 11.6% to $268 premarket** Company forecasts 2025 adj EPS of at least $29.50, below Wall Street estimates of $31.50 - LSEG** CI's Q4 adj EPS of $6.64 misses estimates of $7.82** Company's shares fell 7.8% in 2024
Reuters
Jan 30, 2025
Stocks
Enrolling in Medicare? 3 Ways Retirees Can Lower Their Costs
A lot of older Americans look forward to their Medicare enrollment because they assume it'll mean affordable healthcare from that point forward. In reality, the costs enrollees face under Medicare can be downright astronomical.Fidelity puts the average cost of healthcare in retirement at $165,000 fo...
The Motley Fool
Jan 30, 2025
Stocks
Should You Forget Nvidia and Buy This Artificial Intelligence (AI) Stock Instead?
Over the last few years, Nvidia (NASDAQ: NVDA) benefited enormously from the increased investment in chips for artificial intelligence (AI), but news out of China is causing investors to wonder if the stock's high valuation is worth it ahead of potential risks to the massive investment big tech comp...
The Motley Fool
Jan 30, 2025
Stocks
1 Artificial Intelligence (AI) Stock That Could Be a Once-in-a-Decade Opportunity
The transformative power of artificial intelligence (AI) is undeniable. A recent McKinsey & Company research report estimates generative AI alone could add $2.6 trillion to $4.4 trillion in annual value across analyzed use cases -- comparable to the United Kingdom's entire gross domestic product. Th...
The Motley Fool
Jan 30, 2025
Commodities
BRIEF-GCP Infrastructure Sells Its Stake In Two Onshore Wind Farms To OnPath Energy
Jan 30 (Reuters) - GCP Infrastructure Investments Ltd GCPI.L:GCP INFRASTRUCTURE - DISPOSED OF ITS INTEREST IN TWO OPERATIONAL ONSHORE WIND FARMS, PATES HILL WIND FARM AND MILTON KEYNES WIND FARMGCP INFRASTRUCTURE - TWO ONSHORE WIND FARMS WITH TOTAL GENERATING CAPACITY OF 28MWGCP INFRASTRUCTURE - PRO...
Reuters
Jan 30, 2025
Forex
Pound Sterling ranges against USD ahead of US Q4 GDP, PCE inflation
The Pound Sterling (GBP) ticks slightly higher to near 1.2460 against the US Dollar (USD) in European trading hours on Thursday.
GBP/USD
Fxstreet
Jan 30, 2025
Other
Norway eurosceptic party to resign from government, local media reports
OSLO, Jan 30 (Reuters) - Norway's eurosceptic Centre Party will resign from the government on Thursday due to a disagreement with coalition partner Labour over the adoption of EU energy policies, public broadcaster NRK and daily VG reported, citing anonymous sources.The Centre Party, in governme...
Reuters
Jan 30, 2025
Stocks
MORNING BID AMERICAS-Megacaps mixed as Fed pauses; ECB cut and GDP up next
A look at the day ahead in U.S. and global markets from Mike DolanWith Federal Reserve policy likely paused until midyear and megacaps throwing up a mixed bag of results so far, stock markets stayed calm overnight as attention switches to European interest rates and a fourth-quarter U.S. GDP health...
Reuters
Jan 30, 2025
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