FinanceApr 9
Mixed Corporate Earnings Show Varied Performance Across Sectors
Several companies reported quarterly results with divergent outcomes, from BlackBerry's growth outlook to revenue declines at other firms.
6 sources
FinanceJun 12
JBS to Close Pennsylvania Beef Processing Plant Amid Cattle Shortage
World's largest meatpacker JBS will shutter a beef-processing facility in Pennsylvania as U.S. cattle shortage pressures the industry.
2 sources
FinanceJun 12
Private Equity Firms Pursue Major Real Estate and Healthcare Deals
Blackstone is reportedly in talks to acquire Canadian property firm H&R REIT while EQT plans to sell its Singapore healthcare stake for $600 million.
2 sources
FinanceMar 12
Trump Announces New Oil Refinery Opening in Texas with Reliance Partnership
Former President Trump announced plans for a new oil refinery in Texas backed by Indian conglomerate Reliance Industries.
5 sources
FinanceMay 7
Three Separate Investigations Target Financial, Police, and Legal Sectors
Multiple ongoing investigations span Lloyd's of London governance, Met Police handling of Al Fayed allegations, and insider trading involving a former law firm partner.
3 sources
FinanceMay 7
Mixed Developments for Major Pharmaceutical Companies in Weight Loss and R&D Sectors
Novo Nordisk and Eli Lilly see gains amid weight-loss drug market expansion, while Gilead Sciences forecasts losses from R&D investments.
3 sources
FinanceMay 7
UniCredit to Sell Portion of Russian Operations to U.A.E. Investor
Italian bank UniCredit announced a deal to sell part of its Russian business to an unnamed U.A.E. investor as it refocuses operations.
3 sources
FinanceMay 18
Anglo American Sells Coal Assets to Dhilmar for Up to $3.875 Billion
Anglo American completed sale of steelmaking coal operations to Dhilmar, exiting the coal business after previous Peabody deal fell through.
2 sources
FinanceJun 11
Dana to Acquire Eaton's Mobility Business in $5.1 Billion Deal
Auto parts supplier Dana agreed to combine with Eaton's Mobility business in a $5.1 billion transaction to create a larger automotive supplier.
2 sources
FinanceMay 18
Indonesian Rupiah Falls to Record Low as Markets Reopen
Indonesia's currency hit a new record low against the dollar as financial markets reopened, with oil prices cited as a contributing factor.
2 sources
FinanceMar 24
Job Market Pessimism Surges Despite Low Unemployment, Survey Shows
Americans increasingly view the job market negatively, with only 28% saying it's a good time to find quality work, down from 70% in 2022.
3 sources
FinanceMay 6
FanDuel CEO Amy Howe Departs After Five Years Leading Sportsbook
Amy Howe has left her position as CEO of FanDuel after five years at the helm of the sports betting company.
3 sources
FinanceMar 30
Car Buyers Face Increasing Negative Equity in Trade-Ins, Analysis Shows
Nearly one-third of car buyers now owe more on their trade-in vehicles than the cars are worth, according to automotive industry analysis.
4 sources
FinanceMay 18
Japan to Announce Supplementary Budget Including Fresh Debt Financing
Japan plans to announce an extra budget that will be partially funded through new government debt issuance.
2 sources
FinanceMay 25
Russell 3000 Index Adds Galaxy Digital, BRC in Latest Reconstitution
Galaxy Digital and BRC joined the Russell 3000 index while eHealth and SelectQuote were removed in the latest annual reconstitution.
3 sources
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