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W.R. Berkley Posts First Profit Decline in Nearly Two Years as Catastrophe Losses Surge

Commercial insurer W.R. Berkley Corp. (NYSE:WRB) reported a 5.6% decline in first-quarter earnings on Monday, as mounting catastrophe losses dragged down its underwriting performance, marking the company’s first quarterly profit drop in nearly two years.

Team Kalkine | 21 April 2025

Walgreens to Pay $350 Million in Opioid Settlement with U.S. Government

Walgreens (NASDAQ:WBA) Boots Alliance has agreed to pay up to $350 million to resolve allegations that it filled millions of unlawful prescriptions for opioids and other controlled substances over more than a decade, the U.S. Department of Justice (DOJ) announced on Friday.

Team Kalkine | 21 April 2025

Smackover Lithium’s SWA Project Earns Federal Backing Under Trump’s Executive Order on Critical Minerals

Smackover Lithium, a joint venture between Standard Lithium Ltd. and Equinor, announced that its South West Arkansas (SWA) Project has been selected as one of the first strategic mineral production ventures to advance under Executive Order 14241, signed by President Donald Trump in March …

Team Kalkine | 21 April 2025

US Markets Face Tech-Led Sell-Off Amid Tariff Fears and Fed Caution

Index Update -US equities tumbled Wednesday as tech stocks led a broad sell-off, with the Nasdaq plunging 3% and the S&P 500 dropping 2.2%, after Nvidia warned of a $5.5 billion hit from new US export restrictions on AI chips to China. The route …

Team Kalkine | 17 April 2025

Evotec SE (NASDAQ: EVO) Reports FY24 Results and Outlines 2025 Guidance and 2028 Outlook

Evotec SE (NASDAQ: EVO) has published its full-year 2024 financial results, along with its strategic roadmap through 2028. Following a comprehensive review process, the company announced a realignment to focus on core areas of scientific and technological expertise within drug discovery and biologics development.

Team Kalkine | 17 April 2025

NIU Technologies (NASDAQ: NIU) Reports ESG Progress and Industry Rankings for 2024

Niu Technologies (NASDAQ: NIU) has reported notable advancements in its 2024 Environmental, Social, and Governance (ESG) performance. According to S&P Global's Corporate Sustainability Assessment (CSA), NIU increased its ESG score by 14 points from the previous year to reach a total of 43. This …

Team Kalkine | 17 April 2025

Markets Slide Amid Trade Tensions, Nvidia Hit by Export Curbs, Investors Eye Powell’s Speech

S&P 500 down 1.3%, Nasdaq 100 dropping 2.1%, and Dow Jones off by about 280 points, as mounting trade tensions raised concerns over corporate profits. Nvidia shares slid over 6% in premarket after announcing a $5.5 billion revenue hit due to U.S. restrictions on …

Team Kalkine | 16 April 2025

Albertsons Shares Drop Amid Weak Outlook Despite Earnings Beat

Shares of Albertsons Companies Inc. (NYSE:ACI) tumbled on Tuesday after the grocery chain released its fourth-quarter results and a cautious profit forecast for the year ahead.

Team Kalkine | 15 April 2025

Netflix Shares Soar on Bold Vision for 2030 Growth and $1 Trillion Market Cap Goal

Netflix Inc. (NASDAQ:NFLX) saw its shares rally sharply on Tuesday, in response to a report byThe Wall Street Journaldetailing Netflix’s ambitious strategy to significantly expand revenue, profits, and market valuation by 2030.

Team Kalkine | 15 April 2025

LVMH Shares Slide After Disappointing Earnings, Morgan Stanley Downgrade, and Loss of Top Luxury Spot

Luxury giant LVMH Moët Hennessy Louis Vuitton (OTC:LVMUY, LVMHF) faced continued investor backlash on Tuesday after posting lackluster first-quarter earnings, triggering a sharp drop in its American depositary receipts (ADRs).

Team Kalkine | 15 April 2025
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