On a call Monday, President Trump told European leaders that Russian President Vladimir Putin isn't ready to end the Ukraine war because he thinks he is winning, according to three people familiar with the conversation.
The acknowledgment was what European leaders had long believed about Putin-but it was the first time they were hearing it from Trump. It also ran counter to what Trump has often said publicly, that he believes Putin genuinely wants peace.
Write to don.forbes@wsj.com
TODAY IN CANADA
Earnings:
Lightspeed Comm 4Q
Silvercorp Metals 4Q
Toronto-Dominion 2Q
Economic Indicators (ET):
Industrial product and raw materials price indexes for April
Employment Insurance for March
Stocks to Watch:
Velan 4Q Adj Loss/Shr 23c Vs. Adj EPS 17c; 4Q Sales $83.2
Weyerhaeuser to Sell Princeton, British Columbia, Lumber Mill to Gorman Group for About C$120M; Sees Gain From Sale, Tax Liability About C$15M
Expected Major Events for Thursday
00:30/JPN: May Japan Flash Manufacturing PMI
05:00/JPN: Apr Steel Production
05:00/JPN: Apr Supermarket sales
06:00/UK: Apr Public sector finances
06:00/JPN: Apr Revised Machine Tool Orders
06:45/FRA: May Monthly business survey (goods-producing industries)
07:15/FRA: May France Flash PMI
07:30/GER: May Germany Flash PMI
08:00/GER: May ifo Business Climate Index
08:30/UK: May Flash UK PMI
08:59/JPN: May Monthly Economic Report
10:00/UK: May CBI Industrial Trends Survey
10:00/FRA: 1Q OECD Quarterly National Accounts: GDP growth
12:30/CAN: Mar Employment Insurance
12:30/US: Apr Chicago Fed National Activity Index (CFNAI)
12:30/US: 05/17 Unemployment Insurance Weekly Claims Report - Initial Claims
12:30/US: U.S. Weekly Export Sales
12:30/CAN: Apr Industrial product and raw materials price indexes
13:00/RUS: Weekly International Reserves
13:45/US: May US Flash Manufacturing PMI
13:45/US: May US Flash Services PMI
14:00/US: Apr Existing Home Sales
14:00/US: 1Q Advance Quarterly Services
14:30/US: 05/16 EIA Weekly Natural Gas Storage Report
15:00/US: May Federal Reserve Bank of Kansas City Survey of Tenth District Manufacturing
20:30/US: Federal Discount Window Borrowings
20:30/US: Foreign Central Bank Holdings
23:01/UK: May UK Consumer Confidence Survey
23:30/JPN: Apr CPI (Nation), CPI ex-food (Nation)
All times in GMT. Powered by Onclusive and Dow Jones.
Expected Earnings for Thursday
ATS is expected to report $0.18 for 4Q.
Advance Auto Parts Inc (AAP) is expected to report $-0.63 for 1Q.
American Vanguard Corp (AVD) is expected to report $-0.03 for 1Q.
Analog Devices Inc (ADI) is expected to report $0.96 for 2Q.
Autodesk Inc (ADSK) is expected to report $0.83 for 1Q.
BJ's Wholesale Club Holding Inc (BJ) is expected to report $0.93 for 1Q.
CSW Industrials Inc (CSWI) is expected to report $2.21 for 4Q.
Cato Corp - A Share (CATO) is expected to report for 1Q.
Cavco Industries Inc (CVCO) is expected to report $4.69 for 4Q.
Copart Inc (CPRT) is expected to report $0.42 for 3Q.
CorVel Corp (CRVL) is expected to report for 4Q.
Deckers Outdoor Corp (DECK) is expected to report $0.64 for 4Q.
Dorian LPG Ltd (LPG) is expected to report $0.47 for 4Q.
EQ is expected to report for 1Q.
Exicure Inc (XCUR) is expected to report for 1Q.
Intuit Inc (INTU) is expected to report $9.24 for 3Q.
Lightspeed Commerce is expected to report $-0.14 for 4Q.
Lionsgate Studios Corp (LION) is expected to report for 4Q.
PowerFleet Inc (AIOT) is expected to report $-0.01 for 4Q.
Ralph Lauren Corp - A Share (RL) is expected to report $1.99 for 4Q.
Replimune Group Inc (REPL) is expected to report $-0.75 for 4Q.
Ross Stores Inc (ROST) is expected to report $1.43 for 1Q.
Silvercorp Metals Inc (SVM,SVM.T) is expected to report $0.09 for 4Q.
StepStone Group Inc (STEP) is expected to report $0.46 for 4Q.
TVI Pacific Inc (TVI.V,TVIPF) is expected to report for 1Q.
Thermon Group Holdings Inc (THR) is expected to report $0.43 for 4Q.
Titan Machinery (TITN) is expected to report $-0.88 for 1Q.
Toronto-Dominion Bank (TD,TD.T) is expected to report $1.77 for 2Q.
Triumph Group Inc (TGI) is expected to report $0.35 for 4Q.
Williams-Sonoma Inc (WSM) is expected to report $1.73 for 1Q.
Workday Inc (WDAY) is expected to report $0.15 for 1Q.
ePlus Inc (PLUS) is expected to report $0.68 for 4Q.
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ANALYST RATINGS ACTIONS
ACADIA Pharmaceuticals Raised to Buy From Hold by Deutsche Bank
AutoZone Raised to Buy From Neutral by B of A Securities
Berry (bry) Raised to Buy From Accumulate by Johnson Rice
Evolv Technologies Raised to Outperform From Market Perform by Northland Capital Markets
Home Depot Raised to Buy From Hold by Stifel
Intellicheck Raised to Buy From Hold by Craig-Hallum
LandBridge Cut to Accumulate From Buy by Johnson Rice
Murphy Oil Cut to Hold From Accumulate by Johnson Rice
Myriad Genetics Cut to Sector Perform From Sector Outperform by Scotiabank
PennantPark Investment Cut to Sell From Neutral by Compass Point
PHX Minerals Cut to Hold From Buy by Johnson Rice
UnitedHealth Cut to Reduce From Hold by HSBC
This article is a text version of a Wall Street Journal newsletter published earlier today.
(END) Dow Jones Newswires
05-22-25 0612ET
