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Commodities
JP Morgan Sees India Trimming Sanctioned Counterparties While Sustaining Russian Oil Flows
Feb 4 (Reuters) - JP MORGAN: IN ITS BASE CASE SAYS INDIA WILL LARGELY EXIT SANCTIONED COUNTERPARTIES BUT CONTINUE IMPORTING RUSSIAN CRUDE AT AROUND 0.8–1.0 MBD, ACCOUNTING FOR 17–21% OF TOTAL CRUDE IMPORTSBELIEVES A FULL EXIT REMAINS UNLIKELY AS RUSSIAN URALS REMAIN ATTRACTIVELY PRICED FOR INDIA...Reuters
Wed, Feb 4
Stocks
DSV eyes lower freight rates, but port pressures as Red Sea routes resume
Full Schenker integration now expected by end 2026DSV sees adj operating profit for 2026 at DKK 23-25.5 blnQ4 adj operating profit at DKK 5.59 bln vs poll of DKK 5.64 bln DSV sees global air, sea freight volumes up 2-3% for 2026By Louise Rasmussen COPENHAGEN, Feb 4 (Reuters) - DSV DSV.CO, the wor...Reuters
Wed, Feb 4
Other
BetMGM Expects FY26 Adjusted EBITDA Of $300-$350 Million
Feb 4 (Reuters) - BetMGM:BETMGM: FY 2025 PERFORMANCE EXCEEDED EXPECTATIONSBETMGM- EXPECT FY 2026 NET REVENUE BETWEEN $3.1 - $3.2 BILLION AND ADJUSTED EBITDA $300 - $350 MILLIONBETMGM: FY 2025 NET REVENUE OF $2.8 BILLIONBETMGM- CONFIDENCE IN PATHWAY TO ACHIEVING $500 MILLION ADJUSTED EBITDA IN FY 202...Reuters
Wed, Feb 4
Other
In Kyiv freezing under Russian attacks, a veteran plumber fights back by fixing the heat
Russian strikes plunge Ukrainians into coldWorkers race to repair as anxious residents awaitPolls show Ukrainians still willing to fight despite attacksBy Dan Peleschuk and Sergiy KarazyKYIV, Feb 4 (Reuters) - At 66, railway worker Volodymyr Vasyliev could have long since been fully retired. Instead...Reuters
Wed, Feb 4
Stocks
Street View: Merck has enough in the pipeline despite Keytruda concerns
Merck & Co MRK.N on Tuesday forecast sales and profit below Wall Street expectations, citing pressure from the looming loss of exclusivity for diabetes drug Januvia and other older productsMedian PT of 30 brokerages covering the stock is $120 - data compiled by LSEG PIPELINE ON THE RISEBofA ...Reuters
Wed, Feb 4
Other
GE HealthCare forecasts 2026 profit above estimates on strong demand for medical devices
Feb 4 (Reuters) - GE HealthCare GEHC.O on Wednesday forecast annual profit above Wall Street estimates, betting on robust demand for its diagnostic and imaging devices.Resilient demand for medical procedures, particularly from older Americans, has prompted hospitals to invest in diagnostic and medic...Reuters
Wed, Feb 4
Other
RTX's Raytheon Partners With U.S. On 5 Agreements To Expand Critical Munition Production
Feb 4 (Reuters) - RTX Corp RTX.N:RTX'S RAYTHEON PARTNERS WITH DEPARTMENT OF WAR ON FIVE LANDMARK AGREEMENTS TO EXPAND CRITICAL MUNITION PRODUCTIONRTX CORP: UP-TO-SEVEN-YEAR DEALS TO INCREASE ANNUAL PRODUCTION OF TOMAHAWK, AMRAAM, SM-3 BLOCK IB, SM-3 BLOCK IIA, SM-6Reuters
Wed, Feb 4
Stocks
Stanley Black & Decker forecasts 2026 profit below estimates on lower tools demand
Feb 4 (Reuters) - Stanley Black & Decker SWK.N on Wednesday forecast its 2026 profit below Wall Street estimates, as tariff-fueled price hikes hurt demand for its power tools. Shares of the company were down about 2.4% in premarket trading.U.S. President Donald Trump's tariffs and inflati...Reuters
Wed, Feb 4
Stocks
FTSE 100 touches record high, BoE policy in focus
FTSE 100 up 1.4% and FTSE 250 up 0.6%Energy stocks rise on higher crude amid U.S.-Iran tensionsSoftware, tech stocks still under pressureInvestors await BoE policy decision on Thursday Feb 4 (Reuters) - The UK's FTSE 100 touched a record high on Wednesday, helped by gains in energy stocks and...Reuters
Wed, Feb 4
Other
Putin accepted Xi's invitation to visit China in first half of this year, Kremlin says
MOSCOW, Feb 4 (Reuters) - Russian President Vladimir Putin has accepted an invitation from Chinese President Xi Jinping to visit China in the first half of this year, the Kremlin said on Wednesday, after the two leaders spoke by video-link.Yuri Ushakov, a Kremlin foreign policy advisor, told reporte...Reuters
Wed, Feb 4
Commodities
Medica device firm Encisione says Q3 sales hit by robot competition, to restructure to cut costs
OverviewMedical device company's fiscal Q3 revenue fell 7.5% due to competition from surgical robotsGross profit margin decreased significantly due to a large increase to the inventory reserveCompany is restructuring to reduce operating expenses, impact expected in Q4OutlookEncision expects reve...Reuters
Wed, Feb 4
Stocks
Corteva falls after Q4 sales miss
Shares of agrichemical company Corteva CTVA.N down 3.1% at $72.74 premarketCo late on Tuesday missed Q4 net sales estimates, weighed down by lower sales volumes in its crop protection and seed businessPosts Q4 net sales of $3.91 billion vs analysts' expectations of $4.24 billion - data compiled ...Reuters
Wed, Feb 4
Other
Flex Q3 sales rise 8%, beat estimates
OverviewManufacturing partner's fiscal Q3 net sales rose 8%, beating analyst expectationsAdjusted EPS for fiscal Q3 beat analyst expectationsCompany raised full-year guidance for net sales, adjusted operating margin, and adjusted EPSOutlookFlex raises full-year net sales guidance to $27.2 bln - ...Reuters
Wed, Feb 4
Stocks
Why e.l.f. Beauty Stock Jumped 12% in January
Key PointsE.l.f. is reporting double-digit growth in a tough environment.It's expanding into new segments and markets.E.l.f. stock could be undervalued at the current price.10 stocks we like better than e.l.f. Beauty › Shares of cosmetics giant e.l.f. Beauty (NYSE: ELF) stock soared 12% in January, ...The Motley Fool
Wed, Feb 4
Other
Ares Capital Q4 adjusted EPS meets expectations, declares dividend
OverviewSpecialty finance firm's Q4 adjusted EPS met analyst expectationsQ4 GAAP net income per share fell compared to last yearCompany declared Q1 2026 dividend of $0.48 per shareOutlookAres Capital did not provide specific financial guidance for future periodsResult DriversRECORD INVESTMENT CO...Reuters
Wed, Feb 4
Other
Reservoir Media Q3 revenue rises 8%, raises FY26 outlook
OverviewMusic company reported fiscal Q3 revenue up 8% yr/yrNet income for fiscal Q3 fell due to swap losses and higher interest expensesCompany raised fiscal 2026 revenue and adjusted EBITDA outlookOutlookReservoir raises fiscal 2026 revenue guidance to $170 mln - $173 mlnCompany boosts fiscal 2026...Reuters
Wed, Feb 4
