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MOVES-JPMorgan names Thakur sole head of global markets unit as Sippel departs
Jan 31 (Reuters) - JPMorgan Chase's JPM.N co-head of global markets, Jason Sippel, is leaving the Wall Street lender and Pranav Thakur has been named sole head of the business, an internal memo seen by Reuters showed on Friday.Sippel will be leaving for another opportunity after a 23-year stint ...Reuters
Jan 31, 2025
Stocks
GLOBAL MARKETS-Stocks tick up as Apple climbs, tariffs in focus
Updates to morning U.S. tradingUS stocks open higher; Apple up 4%Nasdaq has rebounded after Monday plungeCurrency markets brace for Canada, Mexico tariffsOil prices dipBy Harry Robertson and Lawrence Delevingne LONDON/BOSTON, Jan 31 (Reuters) - Global stocks rose on Friday at the end of a volatil...Reuters
Jan 31, 2025
Stocks
LIVE MARKETS-Tariff worries where? Not among Latin American stocks
U.S. stocks advance: Nasdaq up >1%Comm svcs leads S&P 500 sector gainers; Energy weakest groupEuro STOXX 600 index up ~0.3%Dollar, bitcoin, gold rise; crude slipsU.S. 10-Year Treasury yield flat at ~4.51%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters...Reuters
Jan 31, 2025
Other
GenStar launches accountants' professional liability program through Starwind's Huntersure
By Mia MacGregorJan 31 - (The Insurer) - GenStar Insurance Services has partnered with Starwind Group's Huntersure to create a new professional liability (PL) program for accountants.The newly minted program provides tailored insurance solutions for accounting professionals in 45 states on an ad...Reuters
Jan 31, 2025
Other
Gallagher eyes more tuck-in deals with $3.5bn of M&A funding available in 2025
By Scott VincentJan 31 - (The Insurer) - Arthur J Gallagher has around $3.5bn of funding available to support M&A in 2025, management revealed during the group’s fourth-quarter earnings call. During the quarter, the broker said it completed 20 new tuck-in mergers that represented around $200mn o...Reuters
Jan 31, 2025
Forex
BUZZ-COMMENT-EUR/USD longs may need Trump to ride to their rescue
Jan 31 (Reuters) - EUR/USD fell to an 8-session low near short-term structural support near 1.0350 on Friday, putting longs at risk and potentially in need of help from U.S. President Donald Trump.Investors positioned long EUR/USD hope the European Union is spared from any U.S. tariffs on imports fo...Reuters
Jan 31, 2025
Stocks
BUZZ-U.S. STOCKS ON THE MOVE-Apple, Franklin Resources, Charter Communications
Eikon search string for individual stock moves: The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes rose on Friday, driven by gains in Apple following its strong sales forecast and a reading of the U.S. central ...Reuters
Jan 31, 2025
Stocks
M. Stanley sees improving risk-reward for IT Services after positive CIO survey
Investing.com -- Morgan Stanley (NYSE:MS) raised its view on the US IT Services sector to In-Line from Cautious, citing a more balanced risk-reward for the next 12 to 18 months and improving growtInvesting.com
Jan 31, 2025
Stocks
Booz Allen: Surges in Revenue, Income
Booz Allen Hamilton (NYSE:BAH), a distinguished consulting firm catering primarily to the U.S. government, topped analysts' consensus estimates on top and bottom lines in its fiscal 2025 third quarter, according to its report released on Friday, Jan. 31. Q3 revenue of $2.92 billion came in ahead of ...The Motley Fool
Jan 31, 2025
Other
LinkedIn lawsuit over use of customer data for AI models is dismissed
By Jonathan Stempel Jan 31 (Reuters) - A proposed class action accusing Microsoft's MSFT.O LinkedIn of violating the privacy of millions of Premium customers by disclosing their private messages to train generative artificial intelligence models has been dismissed.The plaintiff Alessandro De ...Reuters
Jan 31, 2025
Other
AM Best affirms credit ratings of James River and subsidiaries with negative outlook
By Mia MacGregorJan 31 - (The Insurer) - AM Best has affirmed the financial strength rating (FSR) of A- (Excellent) and the long-term issuer credit ratings (ICR) of "a-" (Excellent) for the operating subsidiaries of James River Group Holdings (JRG Holdings) and the long-term ICR of "bbb-...Reuters
Jan 31, 2025
Other
Trump says helicopter in Washington crash was flying too high
Trump claims Black Hawk was flying above altitude limitInvestigation ongoing, Army urges caution and patienceHelicopter had experienced crew, recorder yet to be retrievedAdds details in paragraph 11-13By Phil Stewart, Idrees Ali and Doina ChiacuWASHINGTON, Jan 31 (Reuters) - U.S. President Donald Tr...Reuters
Jan 31, 2025
Economic Indicator
Canada defers implementation of changes in capital gains tax rule to January 2026
OTTAWA, Jan 31 (Reuters) - Canada's government on Friday announced that it would defer the implementation of the controversial changes in the capital gains tax to January next year. The government was earlier expected to start collecting the tax June 25 last year, but the measure could not pass ...Reuters
Jan 31, 2025
Commodities
Exxon beats Q4 estimates with higher Permian, Guyana output
Corrects paragraph 5 to 4.58 million, not billionExxon's low production costs boost profits despite lower oil pricesRefining business pressured by increased global fuel supplyExxon plans $20 billion annual share repurchases through 2026By Sheila Dang HOUSTON, Jan 31 (Reuters) - Exxon Mobil XO...Reuters
Jan 31, 2025
Stocks
EMERGING MARKETS-Latam FX at over two month high as investors await Trump's Feb 1 tariffs
Brazil's gross debt rises less than expected in 2024 Trump to decide soon on possible exclusion of oil imports in Feb 1 tariffs Argentina's central bank cuts rates by 300 bps MSCI Latam FX set for best month since June 2023By Purvi Agarwal Jan 31 (Reuters) - An index tracking Latin Americ...Reuters
Jan 31, 2025
Stocks
BUZZ-WW Grainger falls on quarterly profit miss
** Industrial maintenance and safety products supplier WW Grainger GWW.N down 7.58% at $1,040.74** Co reports Q4 adj. profit of $9.71 per share, below analysts' average estimate of $9.75 per share, as per LSEG-compiled data, due to weak demand environment** Posts Q4 sales of $4.23 bln vs estimat...Reuters
Jan 31, 2025
Other
WTW bolsters construction team with McGriff’s Anderson and BMS’ Beyazok
By Chris MunroJan 31 - (The Insurer) - WTW has made a pair of senior construction appointments on both sides of the Atlantic with Steven Anderson rejoining the firm and Berkay Beyazok moving to the broker from BMS Group.Anderson, who is based in Florida, has been appointed senior construction broker...Reuters
Jan 31, 2025
Stocks
BUZZ-Imperial Oil falls after posting lower Q4 profit
** Shares of Canadian oil producer Imperial Oil IMO.TO fall 1.4% to C$101.93** Co posts fall in fourth-quarter profit due to lower crude prices** IMO's Q4 net income fell to C$1.23 billion, or C$2.37 per share, from C$1.37 billion, or C$2.47, a year ago** Says it realized $70.30 per barrel of oi...Reuters
Jan 31, 2025
Commodities
BRIEF-Exxon Mobil CEO Says Yellowtail Project In Guyana Could Start By Q3 2025
Jan 31 (Reuters) - Exxon Mobil Corp XOM.N:EXXON MOBIL CEO DARREN WOODS SAYS YELLOWTAIL PROJECT IN GUYANA COULD START BY Q3 2025 - CONFERENCE CALLEXXON MOBIL CEO SAYS MAJOR PLANNED PROJECTS FOR 2025 COULD BEGIN AHEAD OF SCHEDULEEXXON MOBIL CEO SAYS DEEPSEEK HAS NOT IMPACTED CONVERSATIONS WITH POTENTI...Reuters
Jan 31, 2025
Stocks
LIVE MARKETS-US stocks higher after Apple earnings, inflation data
U.S. stocks higher: Nasdaq up >1%Comm svcs leads S&P 500 sector gainers; Energy weakest groupEuro STOXX 600 index up ~0.2%Dollar, bitcoin, gold rise; crude dipsU.S. 10-Year Treasury yield flat at ~4.51%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. ...Reuters
Jan 31, 2025
