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SPX Reports First Quarter 2017 Results

May 04, 2017 20:15 pm UTC| Business

Q1 GAAP EPS of $0.24; Adjusted EPS* of $0.38Strong Margin Expansion and Solid Free Cash Flow* PerformanceReaffirming Full-Year Adjusted EPS* Guidance Range of $1.55-$1.70 CHARLOTTE, N.C., May 04, 2017 -- SPX...

Host Hotels & Resorts, Inc. Recommends that Holders of Operating Partnership Units of Host Hotels & Resorts, L.P. Reject “Mini Tender” Offer by Certain Affiliates of MacKenzie Capital Management, LP

May 04, 2017 20:15 pm UTC| Business

BETHESDA, Md., May 04, 2017 -- Host Hotels Resorts, Inc. (NYSE:HST) (the “Company”) has learned that certain affiliates of MacKenzie Capital Management, LP (“Purchaser”) made an unsolicited “mini tender” offer for up...

HCI Group Reports First Quarter 2017 Results

May 04, 2017 20:15 pm UTC| Business

TAMPA, Fla., May 04, 2017 -- HCI Group, Inc. (NYSE:HCI), a holding company primarily engaged in homeowners insurance with additional operations in reinsurance, real estate and information technology, reported results...

WageWorks Reports First Quarter 2017 Financial Results

May 04, 2017 20:15 pm UTC| Business

Total revenue in the first quarter 2017 of $125.0 million, a 44 percent increase year-over-yearFirst quarter 2017 GAAP net income of $11.1 million or $0.29 per diluted share, a 91% increase year-over-yearFirst quarter 2017...

European Mass Cytometry Consortium Brings CyTOF Technology to Leading Universities to Advance Clinical Research

May 04, 2017 20:11 pm UTC| Business

SOUTH SAN FRANCISCO, Calif., May 04, 2017 -- Fluidigm Corporation (NASDAQ:FLDM) today announced that leading research institutions in the UK have partnered to acquire and implement seven Helios™ mass cytometry systems...

European Mass Cytometry Consortium Brings CyTOF Technology to Leading Universities to Advance Clinical Research

May 04, 2017 20:11 pm UTC| Business

StoneCastle Financial Corp. Reports First Quarter 2017 Results

May 04, 2017 20:11 pm UTC| Business

NEW YORK, May 04, 2017 -- StoneCastle Financial Corp. (Nasdaq:BANX) (“StoneCastle Financial” or the “Company”), an investment company registered with the Securities and Exchange Commission (“SEC”), today announced...

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Economy

Dollar Slides as NY Fed Rate Checks Spark Yen Intervention Speculation

The U.S. dollar weakened sharply against the Japanese yen on Friday after the New York Federal Reserve conducted rate checks on the dollar/yen currency pair, according to a source familiar with the matter cited by Reuters....

Yen Surges on Intervention Talk as Oil, Gold Rally Amid Global Market Uncertainty

Japans yen surged sharply against the U.S. dollar on Friday as currency traders assessed the growing likelihood of official intervention to stabilize the weakening currency. The sudden move in the Japanese yen came amid...

Threading Opportunity: How an India–EU FTA Could Reweave Textile Fortunes

After almost 18 years of negotiations, an IndiaEU Free Trade Agreement (FTA) recently reconfirmed by European Commission President Ursula von der Leyen is getting closer. Targeted for early 2026 completion, the deal could...

Yen Stays Under Pressure After BOJ Decision as Dollar Slides on Geopolitical Jitters

The Japanese yen remained rangebound on Friday after the Bank of Japan kept interest rates unchanged, a move widely anticipated by markets, while the U.S. dollar headed for its steepest weekly decline in a year amid...

BOJ Holds Interest Rates Steady, Upgrades Growth and Inflation Outlook for Japan

The Bank of Japan (BOJ) kept interest rates unchanged on Friday, a decision that aligned with market expectations, while delivering a more optimistic outlook for Japans economic growth and inflation. The central bank left...

Politics

Haiti Transitional Council Pushes to Remove Prime Minister Despite U.S. Warnings

Two members of Haitis Transitional Presidential Council said on Friday they intend to move forward with plans to remove Prime Minister Alix Didier Fils-Aime, defying strong warnings from the United States that such action...

Iran Warns of All-Out War Response as U.S. Sends Aircraft Carrier to Middle East

Iran has issued a strong warning to the United States, stating that any military attack on its territory would be treated as an all-out war, as tensions escalate ahead of the arrival of a U.S. aircraft carrier strike group...

Russian Drone Attack Hits Kyiv and Kharkiv Amid Ongoing Peace Talks

Russian forces launched a massive drone attack on Ukraine early Saturday, striking multiple districts in the capital Kyiv and causing injuries and damage in Kharkiv, Ukraines second-largest city. The overnight assault,...

U.S. Vice President JD Vance to Visit Azerbaijan and Armenia Following Historic Peace Deal

U.S. Vice President JD Vance is set to travel to Azerbaijan and Armenia next month, President Donald Trump announced on Friday, marking a significant diplomatic step following a landmark peace agreement between the two...

Pentagon Signals Reduced U.S. Role in Deterring North Korea as South Korea Takes Lead

The Pentagon has outlined a shift in its defense posture on the Korean Peninsula, signaling a more limited U.S. role in deterring North Korea while South Korea assumes primary responsibility. This approach is detailed in...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

U.S. Lawmakers Demand Scrutiny of TikTok-ByteDance Deal Amid National Security Concerns

U.S. lawmakers are calling for closer congressional scrutiny of a new deal involving TikTok and its Chinese parent company ByteDance, raising fresh concerns about national security, data privacy, and potential Chinese...

Ericsson Plans SEK 25 Billion Shareholder Returns as Margins Improve Despite Flat Network Market

Swedens telecom equipment giant Ericsson announced plans to significantly boost shareholder returns after reporting a sharp rise in net cash and continued margin improvements, even as the global mobile network market...

Microsoft Restores Microsoft 365 Services After Widespread Outage

Microsoft confirmed on Friday that it has fully restored access to its Microsoft 365 productivity suite following a widespread service outage that disrupted users across multiple regions, particularly in North America. The...

Tesla Plans FSD Subscription Price Hikes as Autonomous Capabilities Advance

Teslas Full Self-Driving (FSD) software is set to become more expensive over time as its technology improves, according to CEO Elon Musk. The announcement comes as Tesla Inc. continues its transition away from a one-time...

ByteDance Finalizes Majority U.S.-Owned TikTok Joint Venture to Avert American Ban

TikToks Chinese parent company, ByteDance, has finalized a landmark agreement to establish a majority American-owned joint venture aimed at safeguarding U.S. user data and avoiding a nationwide ban on the popular...