07:33 AM EDT, 03/12/2025 (MT Newswires) -- Baidu ( BIDU ) said Wednesday that it completed a $2 billion exchangeable bonds offering, maturing in 2032. The company said the bonds, sold in offshore transactions outside the US to non-US investors, will not accrue regular interest, and the principal will not increase over time. They are due for repayment on March...

07:35 AM EDT, 03/12/2025 (MT Newswires) -- Arcos Dorados ( ARCO ) reported Q4 earnings Wednesday of $0.28 per share, up from $0.26 a year earlier. Three analysts polled by FactSet expected $0.21. Revenue for the quarter ended Dec. 31 was $1.14 billion, down from $1.18 billion a year earlier. Four analysts surveyed by FactSet expected $1.15 billion. ...

07:37 AM EDT, 03/12/2025 (MT Newswires) -- Navigator (NVGS) reported preliminary Q4 adjusted earnings Wednesday of $0.38 per diluted share, up from $0.31 a year earlier. Four analysts polled by FactSet expected $0.32. Operating revenue for the quarter ended Dec. 31 was $144 million, up from $141.6 million a year earlier. Analysts surveyed by FactSet expected $131.7 million. The company...

07:34 AM EDT, 03/12/2025 (MT Newswires) -- The Bank of Canada will make its policy announcement at 9:45 a.m. ET Wednesday, with a 25bps rate cut to 2.75% widely expected, said Bank of Montreal (BMO). Following Tuesday's United States tariff ramp-up on steel and aluminum, there was some chatter of a potentially larger move, but policymakers have stressed that they'll...