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Earnings Digest
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Earnings Digest: Mar 4, 2026 10:20 PM EST
Highlights:
- Russia LNG Tanker Halts in Mediterranean After Another Attacked — A US-sanctioned Russian liquefied natural gas tanker stopped its journey in the Mediterranean Sea following an alleged attack on a nearby vessel by Ukrainian drone boats. Bloomberg
- Medline's Buyout Firm Backers Raise $3.1 Billion in Share Sale — Major shareholders of Medline Inc. raised $3.1 billion through a share sale, capitalizing on strong trading since the medical supplier's December IPO. Bloomberg
- Raízen Mulls Out-of-Court Restructuring as Holders Pledge Cash — Brazilian sugar and ethanol producer Raízen SA is exploring an out-of-court restructuring process to address its debt challenges. Bloomberg
- Robinhood Adds $695 'Actual' Platinum Card to Compete With Amex — Robinhood Markets is launching a premium credit card to challenge American Express as it expands beyond its retail-trading platform. Bloomberg
- Oasis Requests Kao Extraordinary Meeting on Supply Chain Concern — Activist fund Oasis Management is calling for an extraordinary general meeting at Kao Corp. to investigate the Japanese company's supply-chain risk management and internal controls. Bloomberg
- HK Brokerages Face Licensing Limbo Amid IPO Quality Crackdown — Hong Kong's market regulator has intensified scrutiny of IPO-sponsoring bank staff, exacerbating talent shortages for the city's brokerages. Bloomberg
- Goldman's Solomon Watching for Private Credit 'Frothiness' — Goldman Sachs CEO David Solomon said he is monitoring the private credit market for signs of excess, though he has not observed significant concerns compared to some peers. Bloomberg
- GLP-1 Drugs Tied to Fewer Addictions, Overdoses in Large Study — A large study of US veterans found that popular diabetes and obesity drugs were associated with significantly lower rates of addiction and overdose. Bloomberg
- NASA Said to Tap Boeing-Lockheed's Vulcan for Top of Moon Rocket — NASA intends to select United Launch Alliance to provide a critical component for its moon rocket, replacing Boeing hardware as costs reached $2.8 billion. Bloomberg
- Argentina Copper Venture Hires RBC on $630 Million Project — A Zonda Metals-controlled Argentine copper venture appointed Royal Bank of Canada to advise on financing options for a $630 million copper-gold project. Bloomberg
- Morgan Stanley to Cut 3% of Workforce Across All Business Lines — Morgan Stanley is reducing its workforce by approximately 3% across investment banking, trading, wealth management, and asset management operations. Bloomberg
- Gabelli Urges Netflix to Tap Sony Anime in Wake of Warner Fight — Money manager Mario Gabelli suggested Netflix should consider partnering with Sony to strengthen its intellectual property strategy following its failed Warner Bros. Discovery takeover bid. [Bloomberg](https://www.bloomberg.com/news/articles/2026-03-04/gabelli-urges-netflix-to-tap-sony-anime-in-wake-of-warner
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