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US, Canadian companies kick off 2024 with layoffs

FACTBOX-US, Canadian companies kick off 2024 with layoffs Adds Bumble Feb 28 (Reuters) - Companies in the United States and Canada have kicked off 2024 with thousands of job cuts across sectors, signaling that the spate of layoffs seen in 2023 could persist as they scramble to rein in costs. While job cut announcements in the United States more than doubled month-on-month to 82,307 in January, they were down 20% from a year earlier, according to a report by outplacement firm Challenger, Gray & C
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US, Canadian companies kick off 2024 with layoffs

FACTBOX-US, Canadian companies kick off 2024 with layoffs Adds Nike Feb 16 (Reuters) - Companies in the United States and Canada have kicked off 2024 with thousands of job cuts across sectors, signaling that the spate of layoffs seen in 2023 could persist as they scramble to rein in costs. While job cut announcements in the United States more than doubled month-on-month to 82,307 in January, they were down 20% from a year earlier, according to a report by outplacement firm Challenger, Gray & Chr
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Nasdaq top and bottom performing stocks at about 12:01 p.m. EST

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EST Nasdaq 100 .NDX Top Performers Percent Change O'Reilly Automotive Inc ORLY.OQ +1.3% Dexcom Inc DXCM.OQ +1.2% CrowdStrike Holdings Inc CRWD.OQ +1.0% American Electric Power Company Inc AEP.OQ +1.0% Electronic Arts Inc EA.OQ +0.9% Bottom Performers Percent Change Biogen Inc BIIB.OQ -6.3% Marriott International Inc MAR.OQ -5.8% Sirius XM Holdings Inc SIRI.OQ -5.6% Walgreens Boots Alliance Inc WBA.OQ -4.4% Analog Devices Inc ADI.
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US, Canadian companies kick off 2024 with layoffs

FACTBOX-US, Canadian companies kick off 2024 with layoffs Adds Canada's Blackberry and Sirius XM in Technology Feb 13 (Reuters) - Companies in the United States and Canada have kicked off 2024 with thousands of job cuts across sectors, signaling that the spate of layoffs seen in 2023 could persist as they scramble to rein in costs. While job cut announcements in the U.S.
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U.S. STOCKS Perpetua Resources, Nvidia, SiriusXM

BUZZ-U.S. STOCKS ON THE MOVE-Perpetua Resources, Nvidia, SiriusXM Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stocks climbed on Monday, with the tech-laden Nasdaq inching close to its all-time high as investors geared up for two crucial inflation reports during the week, while Nvidia overtook Amazon in value for the first time in two decades.
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SiriusXM gains on job cut plans

REFILE-BUZZ-SiriusXM gains on job cut plans Corrects co CEO to co's CEO in bullet 3 ** Shares of satellite radio company SiriusXM SIRI.O rise 2.8% to $5.04 ** Co says to reduce workforce by about 3%, or about 160 roles ** "Today we are making several organizational changes, including the difficult decision to eliminate certain roles, which will allow us to move faster and collaborate more effectively in support of our long-term objectives," co's CEO Jennifer Witz ** Co on Feb.
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SiriusXM Says It Will Be Reducing Its Workforce By About 3% Or About 160 Roles

BRIEF-SiriusXM Says It Will Be Reducing Its Workforce By About 3% Or About 160 Roles Feb 12 (Reuters) - Sirius XM Holdings Inc SIRI.O : SIRIUS XM SAYS IT WILL BE REDUCING ITS WORKFORCE BY ABOUT 3% OR ABOUT 160 ROLES Source text for Eikon: [ID:] Further company coverage: SIRI.O
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Fed's Collins says her baseline expectation is 75 bps of rate cuts this year

UPDATE 1-Fed's Collins says her baseline expectation is 75 bps of rate cuts this year Adds further comment from Collins in paragraphs 2-3 and 5-6, background in paragraphs 4 and 7-8 Feb 8 (Reuters) - Boston Federal Reserve Bank President Susan Collins on Thursday said she believes the U.S. central bank w ill likely cut interest rates b y three-quarters of a percentage point this year, starting once data confirms inflation is on path to 2% amid a strong labor market.
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SiriusXM forecasts weak annual revenue on worries over ad spend

SiriusXM forecasts weak annual revenue on worries over ad spend Feb 1 (Reuters) - SiriusXM SIRI.O forecast full-year revenue below analysts' estimates on Thursday as the satellite radio company deals with an uncertain advertising market and stiff competition. The company launched its new streaming app with a rebranded logo late last year, as it looks to add subscribers amid competition from Spotify SPOT.N and Alphabet's GOOGL.O YouTube.
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Sirius XM Holdings Inc reports results for the quarter ended in December - Earnings Summary

Sirius XM Holdings Inc reports results for the quarter ended in December - Earnings Summary Sirius XM Holdings Inc SIRI.OQ reported quarterly adjusted earnings of 9 cents​​ per share for the quarter ended in December, identical to the same quarter last year. The mean expectation of thirteen analysts for the quarter was for earnings of 8 cents per share.
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Sirius XM Q4 EPS USD 0.09

BRIEF-Sirius XM Q4 EPS USD 0.09 Feb 1 (Reuters) - Sirius XM Q4 revenue USD 2,290 million vs. IBES estimate USD 2,290 million. Q4 net income USD 352 million Q4 EPS USD 0.09 Outlook FY revenue USD 8,750 million Outlook FY adjusted EBITDA USD 2,700 million Outlook FY free cash flow USD 1,200 million
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Futures climb following Wall St selloff after Fed holds rates steady

US STOCKS-Futures climb following Wall St selloff after Fed holds rates steady For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Futures up: Dow 0.12%, S&P 0.35%, Nasdaq 0.59% Feb 1 (Reuters) - U.S. stock index futures rose on Thursday, following a Wall Street selloff in the previous session as the Federal Reserve dashed hopes for early interest rate cuts, with the focus moving to economic data and Big Tech earnings scheduled for later in
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REUTERS NEWS SCHEDULE AT 11 a.m. GMT/6 a.m. ET

REUTERS NEWS SCHEDULE AT 11 a.m. GMT/6 a.m. ET Here are the top stories and upcoming coverage plans for Reuters text service as of 11 a.m. GMT/6 a.m. ET. For a full schedule of news and events, go to our editorial calendar on Reuters Connect . TOP STORIES GLOBAL EU-SUMMIT/ EU leaders seek deal to fund Ukraine as Hungary digs in heels BRUSSELS, Feb 1 (Reuters) - European Union leaders will seek on Thursday to convince Hungarian Prime Minister Viktor Orban to join a plan to offer stable financing
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What to Watch in the Day Ahead - Thursday, February 1

What to Watch in the Day Ahead - Thursday, February 1 The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT Apple, in its first-quarter results, is expected to show iPhone sales likely rose 3% in the key holiday period, the best growth in five quarters, but analysts expect a challenging year for the
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Sirius XM Holdings Inc <SIRI.OQ> expected to post earnings of 8 cents a share - Earnings Preview

Sirius XM Holdings Inc expected to post earnings of 8 cents a share - Earnings Preview Sirius XM Holdings Inc SIRI.OQ SIRI.O is expected to show a rise in quarterly revenue when it reports results on February 1 for the period ending December 31 2023 The New York City-based company is expected to report a 0.3% increase in revenue to $2.29 billion from $2.28 billion a year ago, according to the mean estimate from 11 analysts, based on LSEG data.
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Sirius XM Holdings Entered Amendment To Existing Credit Agreement

BRIEF-Sirius XM Holdings Entered Amendment To Existing Credit Agreement Jan 29 (Reuters) - Sirius XM Holdings Inc SIRI.O : SIRIUS XM HOLDINGS- ON JAN 26 SIRIUS XM RADIO ENTERED AMENDMENT TO EXISTING CREDIT AGREEMENT WITH JPMORGAN CHASE BANK, N.A., OTHER AGENTS & LENDERS SIRIUS XM HOLDINGS- AMENDMENT NO. 9 PROVIDES FOR CHANGES TO CREDIT AGREEMENT IN
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Nasdaq top and bottom performing stocks at about 03:45 p.m. EST

BUZZ - Nasdaq top and bottom performing stocks at about 03:45 p.m. EST Nasdaq 100 .NDX Top Performers Percent Change MongoDB Inc MDB.OQ +5.6% Trade Desk Inc TTD.OQ +5% Illumina Inc ILMN.OQ +4.2% Tesla Inc TSLA.OQ +3.8% Datadog Inc DDOG.OQ +3.4% Bottom Performers Percent Change PDD Holdings Inc PDD.OQ -8.0% Baker Hughes Co BKR.OQ -1.6% Sirius XM Holdings Inc SIRI.OQ -1.3% Warner Bros Discovery Inc WBD.OQ -1.1% Diamondback Energy Inc FANG.OQ -0.9% The Nasdaq 100 .NDX gained 162.07 points, or 0.93%
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Nasdaq top and bottom performing stocks at about 12:01 p.m. EST

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EST Nasdaq 100 .NDX Top Performers Percent Change Illumina Inc ILMN.OQ +3.5% Trade Desk Inc TTD.OQ +3.5% Tesla Inc TSLA.OQ +3.1% MongoDB Inc MDB.OQ +2.7% Zscaler Inc ZS.OQ +2.6% Bottom Performers Percent Change PDD Holdings Inc PDD.OQ -8.1% Warner Bros Discovery Inc WBD.OQ -3.0% Sirius XM Holdings Inc SIRI.OQ -1.9% Walgreens Boots Alliance Inc WBA.OQ -1.8% Baker Hughes Co BKR.OQ -1.5% The Nasdaq 100 .NDX gained 46.18 points, or 0
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Siriusxm Declares Quarterly Cash Dividend

BRIEF-Siriusxm Declares Quarterly Cash Dividend Sirius XM Holdings Inc SIRI.O : SIRIUSXM DECLARES QUARTERLY CASH DIVIDEND SIRIUS XM HOLDINGS INC - BOARD DECLARED A QUARTERLY CASH DIVIDEND OF $0.0266 PER SHARE OF COMMON STOCK Source text for Eikon: ID:nPn2yTX9wa Further company coverage: SIRI.O
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Nasdaq top and bottom performing stocks at about 12:02 p.m. EST

BUZZ - Nasdaq top and bottom performing stocks at about 12:02 p.m. EST Nasdaq 100 .NDX Top Performers Percent Change Netflix Inc NFLX.OQ +1.5% Marvell Technology Inc MRVL.OQ +1.4% Palo Alto Networks Inc PANW.OQ +1.3% Cognizant Technology Solutions Corp CTSH.OQ +0.8% Take-Two Interactive Software Inc TTWO.OQ +0.8% Bottom Performers Percent Change Warner Bros Discovery Inc WBD.OQ -4.0% Sirius XM Holdings Inc SIRI.OQ -3.9% Tesla Inc TSLA.OQ -3.4% ON Semiconductor Corp ON.OQ -3.0% Biogen Inc BIIB.OQ
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