News
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Arista Networks sees first-quarter revenue above estimates as AI boom fuels demand
Feb 18 (Reuters) - Arista Networks ANET.N forecast first-quarter revenue above Wall Street estimates on Tuesday, anticipating higher demand for its cloud networking gear from a boom in artificial intelligence applications and chips. The results underscore growing demand for advanced networking infra...Reuters
Feb 18, 2025
Other
eXp World Holdings Inc expected to post a loss of 6 cents a share - Earnings Preview
eXp World Holdings Inc EXPI.OQ EXPI.O is expected to show a rise in quarterly revenue when it reports results on February 20 for the period ending December 31 2024The Bellingham Washington-based company is expected to report a 4.9% increase in revenue to $1.031 billion from $983.05 million a year ...Reuters
Feb 18, 2025
Stocks
BUZZ-Strategy unveils $2 bln convertible offering to buy more bitcoin; shares tick lower
** Shares of Strategy MSTR.O, co formerly known as MicroStrategy, down fractionally in extended trading after announcing capital raise** Co says it's offering privately $2 bln convertible bonds due 2030** Software firm to use net proceeds for general purposes, including acquisition of bitcoin BT...Reuters
Feb 18, 2025
Other
Consolidated Edison Inc expected to post earnings of 95 cents a share - Earnings Preview
Consolidated Edison Inc ED.N, ED is expected to show a rise in quarterly revenue when it reports results on February 20 for the period ending December 31 2024The New York City-based company is expected to report a 6.9% increase in revenue to $3.681 billion from $3.44 billion a year ago, according ...Reuters
Feb 18, 2025
Other
BRIEF-James Hardie Reaffirms 2H & FY25 Guidance For North America Volume & EBIT Margin
Feb 19 (Reuters) - James Hardie Industries PLC JHX.AX:REAFFIRMS 2H AND FY25 GUIDANCE FOR NORTH AMERICA VOLUME AND EBIT MARGINPLANNING FOR GROWTH AND MARGIN EXPANSION ACROSS REGIONS FOR FY26JAMES HARDIE SEES FY25 CAPITAL EXPENDITURES OF $420 MILLIONPLANNING FOR SALES GROWTH AND ADJUSTED EBITDA MARGIN...Reuters
Feb 18, 2025
Stocks
CANADA STOCKS-Energy shares boost TSX as investors digest inflation data
Updates to closeBy Pranav Kashyap and Nivedita BaluFeb 18 (Reuters) - Canada's main stock index closed higher on Tuesday, powered by energy and financial shares, as investors digested news that inflation inched higher in January. The Toronto Stock Exchange's S&P/TSX composite index .GSPT...Reuters
Feb 18, 2025
Other
Ryman Hospitality Properties Inc expected to post earnings of $1.21 a share - Earnings Preview
Ryman Hospitality Properties Inc RHP.N, RHP is expected to show a rise in quarterly revenue when it reports results on February 20 for the period ending December 31 2024The Nashville Tennessee-based company is expected to report a 3.7% increase in revenue to $656.57 million from $633.06 million a ...Reuters
Feb 18, 2025
Stocks
Grail Inc expected to post a loss of $7.05 a share - Earnings Preview
Grail Inc GRAL.OQ GRAL.O is expected to report resultson February 20 for the period ending March 31 2024LSEG's mean analyst estimate for Grail Inc is for a loss of $7.05 per share. The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "...Reuters
Feb 18, 2025
Other
Frontier Communications Parent Inc expected to post a loss of 17 cents a share - Earnings Preview
Frontier Communications Parent Inc FYBR.OQ FYBR.O is expected to show a rise in quarterly revenue when it reports results on February 20 for the period ending December 31 2024The Dallas Texas-based company is expected to report a 3.2% increase in revenue to $1.471 billion from $1.43 billion a year...Reuters
Feb 18, 2025
Other
BRIEF-Pershing Square Announces Revised Proposal To Howard Hughes Holdings
Feb 18 (Reuters) - Pershing Square:PERSHING SQUARE ANNOUNCES REVISED PROPOSAL TO HOWARD HUGHES HOLDINGSPERSHING SQUARE: IN NEW PROPOSAL OWNERSHIP WOULD INCREASE FROM 37.6% TO 48% OF SHARESPERSHING SQUARE: BILL ACKMAN WOULD BECOME CHAIRMAN AND CEO OF HHHPERSHING SQUARE: PROPOSES TO PAY $90 PER SHARE ...Reuters
Feb 18, 2025
Cryptocurrencies
Next date for FTX distributions set to April 11 for claims above $50,000
FTX set up the next record date for larger claims on April 11. The date will be in preparation of the distribution period starting on May 30. In the next days, FTX will distribute up to $1.2B in stablecoins to convenience claimants.Cryptopolitan
Feb 18, 2025
Other
Lundin Gold Inc expected to post earnings of 50 cents a share - Earnings Preview
Lundin Gold Inc LUG.TO is expected to show a rise in quarterly revenue when it reports results on February 20 for the period ending December 31 2024The Vancouver British Columbia-based company is expected to report a 74.6% increase in revenue to $332.894 million from $190.69 million a year ago, a...Reuters
Feb 18, 2025
Forex
FOREX-US dollar gains vs major currencies as Russia-Ukraine peace talks stall
Euro, sterling edge down with focus on Ukraine peace talks Aussie slips after RBA cuts rates as expected Yen on back foot after recent rise on BOJ hike wagers Dollar/yen pares gains after US housing dataAdds new comment, graphic, updates pricesBy Gertrude Chavez-Dreyfuss NEW YORK, Feb 18 (Reuters...Reuters
Feb 18, 2025
Other
Cerus Corp expected to post a loss of 1 cent a share - Earnings Preview
Cerus Corp CERS.OQ CERS.O is expected to show a rise in quarterly revenue when it reports results on February 20 for the period ending December 31 2024The Concord California-based company is expected to report a 6.2% increase in revenue to $49.644 million from $46.77 million a year ago, according ...Reuters
Feb 18, 2025
Commodities
EQT beats fourth-quarter profit estimates on higher prices
Feb 18 (Reuters) - EQT EQT.N beat analysts' estimate for fourth-quarter profit on Tuesday, as the natural gas producer benefited from higher prices of the commodity.The company posted an adjusted profit of 69 cents per share for the quarter ended December 31, compared with analysts' average ...Reuters
Feb 18, 2025
Other
Gaming and Leisure Properties Inc expected to post earnings of 74 cents a share - Earnings Preview
Gaming and Leisure Properties Inc GLPI.OQ GLPI.O is expected to show a rise in quarterly revenue when it reports results on February 20 for the period ending December 31 2024The Wyomissing Pennsylvania-based company is expected to report a 6.1% increase in revenue to $391.458 million from $369.03 ...Reuters
Feb 18, 2025
Stocks
BUZZ-Cadence falls after downbeat annual revenue, profit forecasts
** Shares of chip design software maker Cadence Design Systems CDNS.O fall 5% to $285.37 in extended trading** Company sees FY25 revenue between $5.14 billion and $5.22 billion, below estimates of $5.25 billion - LSEG** CDNS expects annual profit between $6.65 and $6.75 per share compared to analyst...Reuters
Feb 18, 2025
