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Commodities
Wabtec forecasts 2025 profit below estimates on soft freight demand
Feb 12 (Reuters) - U.S. rail locomotive maker Wabtec WAB.N forecast 2025 profit largely below analysts' estimates on Wednesday, as the industry tackles weak demand for new locomotives due to a slowdown in freight activity.The company expects its 2025 adjusted profit per share in the range of $8....Reuters
Feb 12, 2025
Stocks
BUZZ-Aligos Therapeutics rises after $105 million private placement
** Shares of biotech firm Aligos Therapeutics ALGS.O rise 3.8% to $27 premarket** ALGS says it is raising $105 million in a private placement financing ** Co is selling ~2.1 million shares of common stock along with warrants to purchase up to ~2 million additional shares at a combined purchase price...Reuters
Feb 12, 2025
Other
BRIEF-Buhler Industries Signs Amalgamation Agreement
Feb 12 (Reuters) - Buhler Industries Inc BUI.TO:BUHLER INDUSTRIES SIGNS AMALGAMATION AGREEMENT AND ANNOUNCES GOING PRIVATE TRANSACTION WITH ASKO SINAI VE TEKNOLOJI ÜRETIM SANAYI TICARET ANONIM ŞIRKETIBUHLER INDUSTRIES INC - PUBLIC SHAREHOLDERS TO RECEIVE CDN$7.30 PER SHARE IN AMALGAMATIONSource text...Reuters
Feb 12, 2025
Other
BRIEF-Outcrop Silver Extends High-Grade Vein System Footprint To More Than 500 Metres
Feb 12 (Reuters) - Outcrop Silver & Gold Corp OCG.V:OUTCROP SILVER EXTENDS HIGH-GRADE VEIN SYSTEM FOOTPRINT TO MORE THAN 500 METRES WITH STEP-OUT DRILLING ALONG STRIKE AT LA YE VEIN SYSTEMSource text: ID:nCNWnf0nsaFurther company coverage: OCG.VReuters
Feb 12, 2025
Other
BRIEF-Abbvie And Xilio Therapeutics Announce Collaboration
Feb 12 (Reuters) - Abbvie ABBV.N:ABBVIE AND XILIO THERAPEUTICS ANNOUNCE COLLABORATION AND OPTION AGREEMENT TO DEVELOP NOVEL TUMOR-ACTIVATED IMMUNOTHERAPIESABBVIE INC - COLLABORATION TO DEVELOP MASKED T-CELL ENGAGERSABBVIE INC - XILIO TO RECEIVE $52 MILLION UPFRONT, ELIGIBLE FOR UP TO $2.1 BILLIONSou...Reuters
Feb 12, 2025
Other
Spirit Airlines rejects Frontier Group's revised acquisition offer
Adds Frontier statement in paragraph 6 Feb 11 (Reuters) - Spirit Airlines SAVEQ.PK on Tuesday rejected Frontier Group's ULCC.O revised acquisition offer, worth about $2.16 billion, saying the bid from its fellow ultra-low-cost carrier was less beneficial to shareholders than its ongoing reorg...Reuters
Feb 12, 2025
Stocks
BUZZ-Exelon forecasts 2025 profit above estimates, shares rise
Updates** Shares of U.S.-based utility firm Exelon EXC.O rise 2.2% to $43.29 premarket** Company forecasts adjusted profit for 2025 in the range of $2.64 per share to $2.74 per share, above analysts' estimates of $2.63 per share, according to data compiled by LSEG ** Company also beats fourth-qu...Reuters
Feb 12, 2025
Stocks
BUZZ-Kraft Heinz falls on gloomy annual profit forecast
** Packaged food maker Kraft Heinz's KHC.O shares down 3.7% at $28.46 premarket** Company expects annual adjusted earnings per share in the range of $2.63 to $2.74, compared with analysts' average estimates of $3.04, as per data compiled by LSEG** Co forecasts annual organic net sales betwee...Reuters
Feb 12, 2025
Forex
EUR/GBP to trade at 0.8150 in the end of the year – Rabobank
While the UK’s growth outlook has suffered a significant setback relative to the more optimistic tone that was prevalent in the market after last July’s general election, the EUR also faces headwinds of its own, Rabobank's FX analyst Jane Foley notes.
Fxstreet
Feb 12, 2025
Stocks
BUZZ-Waters Corp falls on dour quarterly profit outlook
** Shares of lab equipment maker Waters Corporation WAT.N down 3.8% at $390 premarket** Co sees Q1 profit in the range of $2.17 and $2.25 per share, below Wall Street estimates of $2.42, hurt by a stronger dollar** Sees 2025 adj profit in the range of $12.7 to $13 per share, in line with analysts...Reuters
Feb 12, 2025
Other
Iran's Khamenei cites need to further develop Iran's military after Trump threats
Supreme Leader urges more advances of Iran's military and missile capabilitiesTrump has reinstated 'maximum pressure' policy against Iran, aiming to curb its nuclear programmeIran accelerating uranium enrichment, nearing weapons-grade levelAdds new drones unveiled in paragraph 5 DUBAI...Reuters
Feb 12, 2025
Stocks
Warren Buffett Isn't Buying Many Stocks These Days – But He Can't Get Enough of This One
It's no big secret that Warren Buffett has been a net seller of stocks recently. Thanks to several massive stock sales, and a few smaller ones, Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) cash stockpile has ballooned to $325 billion as of the most recent quarter, far more than the conglomerate h...The Motley Fool
Feb 12, 2025
Other
BRIEF-Smurift Westrock CFO: Not seeing any impact from global trade tensions
Feb 12 (Reuters) - Smurfit WestRock PLC SWR.L:SMURIFT WESTROCK CFO: Q4 COMBINED COMPANY EBITDA UP AROUND $100 MILLION Y/YSMURIFT WESTROCK CFO: AT MOMENT NOT SEEING ANY IMPACT FROM TRUMP ADMIN TRADE POLICIES, ANY IMPACT ON PACKAGING FROM TARIFFS WILL BE FELT AT END-CONSUMERSMURIFT WESTROCK CFO: PAP...Reuters
Feb 12, 2025
Other
FACTBOX-US companies drop diversity policies after Trump's order
Changes dateline and adds Goldman Sachs, ISS, BlackRock and Disney Feb 12 (Reuters) - From Google to Target, many major U.S. companies have dropped or considered altering their diversity, equity and inclusion (DEI) policies following President Donald Trump's executive order to curtail such pr...Reuters
Feb 12, 2025
Cryptocurrencies
Dogecoin Mania No More: Memecoin Interest Plunging On Social Media
Data shows users on the major social media platforms have continuously been losing interest in Dogecoin and other memecoins recently. Top 6 Memecoins Have Seen Their Social Dominance Trend Down Recently In a new post on X, the analytics firm Santiment has discussed about how social media attention h...NewsBTC
Feb 12, 2025
