Trading Day: Stock selloff snowballs, Japan wobbles

Union Bankshares has announced a change in its auditor and has updated its insider trading policy. This decision reflects the company's commitment to maintaining transparency and compliance with regulatory standards in financial reporting.

The Trump administration is considering delaying cuts to biofuel import credits as refiners express opposition. This potential postponement comes amid ongoing discussions about the impact of such cuts on the refining industry and the broader market for biofuels.

New Jersey Resources has reported fourth-quarter earnings that fell short of analysts' expectations, leading to a negative sentiment among investors. The company's financial performance has raised concerns regarding its ability to maintain profitability amidst ongoing market challenges.

Copa Holdings reported a net profit increase of 18.7% for Q3, reflecting a mixed performance in its financial results. The airline's earnings indicate resilience amid fluctuating market conditions, showcasing its ability to adapt and grow despite challenges.

Flowers Foods has updated its change of control plan for executive officers, a move that reflects the company's commitment to corporate governance and transparency. This update is significant as it outlines the procedures and protections in place for executives in the event of a change in ownership or control of the company.

New Jersey Resources reported earnings that missed analysts' expectations by $0.03, although its revenue exceeded estimates. This financial performance has raised concerns among investors regarding the company's ability to meet profitability targets amidst a challenging market environment.

Valentin Gapontsev's trust has sold shares of IPG Photonics (IPGP) for $5.09 million. This transaction reflects Gapontsev's financial strategy and decision-making regarding his investment in the company. The sale is part of standard practices among shareholders.

Hyster-Yale has announced the elimination of 575 jobs globally due to a slowdown in its industrial segment. This decision reflects ongoing challenges within the market, impacting the company's operational capacity and workforce.