06:32 AM EST, 02/13/2025 (MT Newswires) -- Precision Drilling ( PDS ) late on Wednesday reported a nearly 90% drop in net earnings for the fourth quarter of 2024. Net earnings attributable to shareholders was $14.8 million, or $1.06 per share, falling from $146.7 million, or $9.81 per share. The FactSet consensus non-GAAP EPS estimate for the quarter was $1.61....

06:28 AM EST, 02/13/2025 (MT Newswires) -- JPMorgan Chase ( JPM ) , Morgan Stanley ( MS ) , Nomura (NMR), and UBS (UBS) are being fined by South Korea's market regulator over allegations of short-selling, news outlets reported Thursday, citing unnamed officials. We have concluded administrative sanctions, meaning imposing fines, Reuters cited an official of Korea's Financial Supervisory Service...

06:18 AM EST, 02/13/2025 (MT Newswires) -- Commerzbank in its European Sunrise note of Thursday highlighted: Markets: United States Treasuries turn better bid in Asia, driven by front-end as new 10-year note finds sluggish demand. SPX recovers most of Wednesday's drop, e-minis also supported. DAX future rallies to new record high on Ukraine-Russian peace hopes. EUR rises to $1.044. Brent...

06:32 AM EST, 02/13/2025 (MT Newswires) -- Carlyle Group ( CG ) said Thursday that it has acquired a controlling stake in Highway Industries and Roop Automotives, combining the Indian companies into a global auto components platform. The company did not disclose the financial terms but said equity for the investment will come from Carlyle Asia Partners-affiliated investment funds. Carlyle...