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Commodities
BRIEF-Enterprise Products Partners Says Oil Market in US Does Not Point to a "Drill, Baby, Drill" Scenario - Conf Call
Feb 4 (Reuters) - Enterprise Products Partners LP EPD.N:SAYS PETCHEM MARKET IS OVERSUPPLIED GLOBALLY - CONF CALLSAYS OIL MARKET IN US DOES NOT POINT TO A "DRILL, BABY, DRILL" SCENARIO - CONF CALLSource text: Company Q4 2024 conference call Further company coverage: EPD.NReuters
Feb 4, 2025
Other
BRIEF-Service Compression Announces $95 Million Credit Facility Upsize Led By J.P. Morgan
Feb 4 (Reuters) - SERVICE COMPRESSION ANNOUNCES $95 MILLION CREDIT FACILITY UPSIZE LED BY J.P. MORGANSERVICE COMPRESSION, LLC - UPSIZE OF ABL CREDIT FACILITY BY ABOUT 50%, BRINGING FACILITY'S TOTAL COMMITMENT TO $300 MILLIONSource text: ID:nPn2mx4vZaReuters
Feb 4, 2025
Stocks
CANADA STOCKS-Toronto stocks rise as US-Canada tariff pause lifts sentiment
Updates with market opening pricesBy Ragini Mathur Feb 4 (Reuters) - Canada's main stock index rebounded on Tuesday led by energy stocks, as U.S. President Donald Trump's decision to temporarily pause tariffs on Ottawa kept the overall sentiment upbeat.The Toronto Stock Exchange's S&a...Reuters
Feb 4, 2025
Other
State Farm seeks 22% rate hike amid LA wildfire losses
By Mia MacGregorFeb 4 - (The Insurer) - State Farm General has requested that the California Department of Insurance immediately approve interim rate increases, including an average 22 percent hike for homeowners. As of 1 February, the insurer reported receiving more than 8,700 claims related to the...Reuters
Feb 4, 2025
Stocks
BUZZ-Supernus rises after FDA approves its drug-device combination for Parkinson's disease
** Shares of Supernus Pharmaceuticals SUPN.O rise 6.2% to $39.67** SUPN says U.S. FDA has approved its drug-device combination, Onapgo, to treat movement-related symptoms of Parkinson's disease** Approval comes after previous declines in 2022 and 2024 due to quality and device concerns** SUPN sa...Reuters
Feb 4, 2025
Stocks
PepsiCo earnings top estimates despite weaker than anticipated revenue growth
Investing.com - PepsiCo (NASDAQ:PEP) has reported per-share income in the fourth quarter that topped estimates, although organic revenue growth was more tepid than anticipated as price hikes weighed oInvesting.com
Feb 4, 2025
Other
Mexican president shrugs off Ecuador tariff announcement
Adds background in paragraphs 2 and 5, president's quote in paragraph 4 MEXICO CITY, Feb 4 (Reuters) - Mexico's President Claudia Sheinbaum on Tuesday dismissed the announcement from Ecuador's president a day earlier to apply tariffs on Mexican goods, noting that her country's tra...Reuters
Feb 4, 2025
Other
NFL-Americans expected to legally bet $1.39 bln on Super Bowl, AGA says
Feb 4 (Reuters) - A record $1.39 billion will be legally wagered in the United States on Sunday's Super Bowl match-up between the two-times defending champion Kansas City Chiefs and Philadelphia Eagles, the American Gaming Association said on Tuesday.In years past, the trade group representing t...Reuters
Feb 4, 2025
Forex
GBP/USD Price Analysis: Climbs above 1.2450 amid soft USD
The Pound Sterling (GBP) post gains versus the US Dollar (USD) for the second straight day after US President Donald Trump tariff threats on Mexico and Canada were delayed, due to negotiations beginning between the parties, aimed to improve fighting against fentanyl traffic and illegal migration.
Fxstreet
Feb 4, 2025
Other
NFP and Alliant end dispute over real estate practice hires
By Michael LoneyFeb 4 - (The Insurer) - NFP and Alliant have ended a legal dispute over the latter’s hire of 19 employees from Aon-owned NFP’s real estate practice, including its leader Gary Pestana.The two broking firms on 27 January filed a stipulation to dismiss litigation in the Central District...Reuters
Feb 4, 2025
Stocks
Ferrari plans electric car debut in Italy this October
Ferrari plans to launch six new models in 2025, including EVFerrari's 2024 EBITDA rose 12% on strong demandNo plans to accelerate shipments to US to beat tariffsRewrites with launch date for new electric carBy Giulio Piovaccari and Keith WeirMILAN, Feb 4 (Reuters) - Ferrari RACE.MI is preparing ...Reuters
Feb 4, 2025
Other
Bridge Specialty to acquire NBS Insurance Agency from Nationwide
By Isha MaratheFeb 4 - (The Insurer) - Bridge Specialty Group, the wholesale broking division of Brown & Brown, has entered into an agreement to acquire Nationwide Property & Casualty (NBS) Insurance Agency based in Columbus, Ohio, in a deal expected to close in March 2025. The financial te...Reuters
Feb 4, 2025
Cryptocurrencies
After The Bitcoin Crash: Will It Rise Or Drop Again? 5 Key Indicators
In the aftermath of yesterday’s Bitcoin crash, market participants are closely examining whether the leading cryptocurrency by market capitalization can rebound or if it faces the prospect of another decline. In a post shared on X today, February 4, on-chain analysis data provider Lookonchain offere...NewsBTC
Feb 4, 2025
Stocks
LIVE MARKETS-Meta shares poised for record winning streak on Facebook's 21st birthday
Nasdaq up >1%, S&P 500 up ~0.5%, Dow ~flatEnergy leads S&P sector gainers; Utilities weakest groupEuro STOXX 600 index up ~0.1%Dollar, crude fall; bitcoin down >2%; gold upUS 10-Year Treasury yield flat at ~4.54%Welcome to the home for real-time coverage of markets brought to you by Re...Reuters
Feb 4, 2025
Stocks
PayPal (PYPL) Q4 2024 Earnings Call Transcript
Image source: The Motley Fool.PayPal (NASDAQ: PYPL)Q4 2024 Earnings CallFeb 04, 2025, 8:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning, and welcome to PayPal's fourth quarter and full year 2024 earnings conference call. My name ...The Motley Fool
Feb 4, 2025
Other
Auto File-Trump’s tariff whiplash
Feb 4 - By Nick Carey, European Autos Correspondent Greetings from London! The start to Trump 2.0 has been as busy for the auto industry as expected, perhaps even busier. But before we delve into the high stakes drama of the last few days, it is worth focusing briefly on events at Stellantis. After...Reuters
Feb 4, 2025
Other
TransRe promotes Rose to international president and Rhodes to president of Americas
By Isha MaratheFeb 4 - (The Insurer) - TransRe has promoted Louise Rose to president of international, replacing Andy Taylor, and Kyle Rhodes to president of Americas.Rose has been with TransRe for 28 years, most recently as president of TransRe’s London and EMEA business units. In her new role she...Reuters
Feb 4, 2025
Other
Chubb names Gillston head of global casualty for major accounts in North America
By Mia MacGregorFeb 4 - (The Insurer) - Chubb has promoted Seth Gillston to executive vice president and head of global casualty for major accounts in North America, succeeding Lou Capparelli, who will now serve as chairman of global casualty.Based in New York City, Gillston will report to Matt Mern...Reuters
Feb 4, 2025
Stocks
Estee Lauder plans more job cuts as weak Q3 forecast sends shares plummeting
Challenges in Asia travel retail impact co's salesNew CEO plans to focus on prestige brands, consumer initiatives, and simplified structureShares plunge about 19%Updates share movement, Adds CEO comment in paragraph 5By Anuja Bharat Mistry Feb 4 (Reuters) - Estee Lauder EL.N on Tuesday ex...Reuters
Feb 4, 2025
