News
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Stellantis to hike Italy output this year thanks to new models, Europe chief says
MILAN, Jan 30 (Reuters) - Stellantis STLAM.MI expects to increase its output in Italy this year thanks to new models, a top executive said, as the car maker works to meet commitments with the Rome government to step up investments.Stellantis Europe head Emanuele Cappellano outlined the company's...Reuters
Fri, Jan 30
India's Muthoot Finance closes $600 million dollar bond sale
By Dharamraj DhutiaMUMBAI, Jan 30 (Reuters) - India's Muthoot Finance MUTT.NS has accepted bids worth $600 million for dollar-denominated bonds maturing in four years and six months, the country's largest gold finance company said in a notice to stock exchanges on Friday.The company will off...Reuters
Fri, Jan 30
Iran will respond immediately to 'any aggression', Iranian president tells UAE leader
DUBAI, Jan 30 (Reuters) - Iran will respond immediately and decisively to "any aggression", Iranian President Masoud Pezeshkian told the United Arab Emirates president, Iranian state media said on Friday.Pezeshkian added that Iran welcomed dialogue and did not seek war, according to the stat...Reuters
Fri, Jan 30
ESS Tech - On Jan 29, Signs Securities Purchase Agreement With Certain Institutional Investors - SEC Filing
Jan 30 (Reuters) - Ess Tech Inc GWH.N:ESS TECH INC - ON JAN 29, SIGNS SECURITIES PURCHASE AGREEMENT WITH CERTAIN INSTITUTIONAL INVESTORS- SEC FILINGSource text: [ID:n0001628280-26-004263]Reuters
Fri, Jan 30
Superx AI Technology Entered MoUs For 5,000 AI Servers Within Next 12 Months, Valued Up To USD 2.1 Billion
Jan 30 (Reuters) - SuperX AI Technology Ltd SUPX.O:SUPERX AI TECHNOLOGY LTD - ENTERED MOUS FOR 5,000 AI SERVERS WITHIN NEXT 12 MONTHS, VALUED UP TO USD 2.1 BILLIONSUPERX AI TECHNOLOGY LTD - IN JANUARY, SUPERX HAS SECURED CUSTOMER PURCHASE ORDERS WITH AN ESTIMATED TOTAL VALUE OF USD 910 MILLIONReuters
Fri, Jan 30
Joby Aviation Files For Offering Of $600 Million 0.75% Convertible Senior Notes Due 2032 - SEC Filing
Jan 30 (Reuters) - Joby Aviation Inc JOBY.N:JOBY AVIATION INC - FILES FOR OFFERING OF $600 MILLION 0.75% CONVERTIBLE SENIOR NOTES DUE 2032 - SEC FILINGSource text: [ID:n0001628280-26-004249]Reuters
Fri, Jan 30
ArcBest Q4 revenue slightly beats estimates on higher shipments
OverviewSupply chain logistics firm's Q4 revenue slightly beat analyst expectationsCompany reported Q4 net loss due to noncash impairment chargeReturned over $86 mln to shareholders through repurchases and dividends in 2025OutlookArcBest did not provide specific guidance for future quarters or y...Reuters
Fri, Jan 30
Flagstar Financial Q4 adjusted EPS beats expectations
OverviewFinancial services firm's Q4 adjusted EPS beat analyst expectationsCompany returned to profitability with Q4 net income of $29 mlnC&I lending commitments up 28% to $3 bln, originations up 22% to $2.1 blnOutlookFlagstar expects positive operating leverage to continue in 2026Company an...Reuters
Fri, Jan 30
Sweden's Autoliv Q4 sales rise 7.7%, sees no organic growth in 2026
OverviewSwedish automotive safety supplier's Q4 net sales rose 7.7% yr/yrAdjusted EPS for Q4 increased by 5% yr/yrCompany achieved record-high operating cash flow of $544 mln for Q4OutlookAutoliv expects 2026 organic sales growth around 0%Company anticipates 2026 adjusted operating margin of 10....Reuters
Fri, Jan 30
Autoliv Q4 adjusted profit matches expectations, sees 2026 profit margin of around 10.5-11.0%
Jan 30 (Reuters) - Car safety gear maker Autoliv ALV.N forecast on Friday a full-year 2026 adjusted operating profit margin of around 10.5-11.0% as it reported a fourth-quarter adjusted operating profit matching market expectations.Reuters
Fri, Jan 30
Deals of the day-Mergers and acquisitions
Jan 30 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1050 GMT on Friday: Britain's Pinewood Technologies PINE.L surged as much as 28% on Friday after the automotive service provider said it was set to agree a 575.5 million pounds ($792.06 million) deal ...Reuters
Fri, Jan 30
Twin Hospitality Group Says Receives Nasdaq Delisting Notice Due To Chapter 11 Proceedings - SEC Filing
Jan 30 (Reuters) - Twin Hospitality Group Inc TWNP.O:TWIN HOSPITALITY GROUP INC SAYS RECEIVES NASDAQ DELISTING NOTICE DUE TO CHAPTER 11 PROCEEDINGS - SEC FILINGSource text: [ID:n0001493152-26-004291]Reuters
Fri, Jan 30
Dorian LPG declares dividend, anticipates higher expenses
OverviewGas carrier operator declared irregular cash dividend of $0.70 per shareCompany anticipates $1.8 mln increase in general and administrative expenses for Q3Market rates for December loadings were lower, affecting realized ratesOutlookCompany notes lower market rates for December loadings affe...Reuters
Fri, Jan 30
Air Products beats Q1 revenue, profit estimates
OverviewIndustrial gases firm's fiscal Q1 revenue rose 6%, beating analyst expectationsAdjusted EPS for fiscal Q1 beat analyst expectations, rising 10% yr/yrCompany announced advanced negotiations for low emission ammonia projectsOutlookAir Products maintains fiscal 2026 full-year adjusted EPS g...Reuters
Fri, Jan 30
Autoliv Expects Organic Sales In 2026 To Be Around Flat Yoy
Jan 30 (Reuters) - Autoliv Inc ALV.N:AUTOLIV Q4 EBIT USD 319 MILLIONAUTOLIV Q4 ADJUSTED EBIT MARGIN 12% VERSUS. ESTIMATE 12%AUTOLIV Q4 ADJUSTED EBIT USD 337 MILLION VERSUS. ESTIMATE USD 332 MILLIONAUTOLIV Q4 EPS USD 2.98AUTOLIV Q4 ADJUSTED EPS USD 3.19GUIDANCE 2026: AROUND 0% ORGANIC SALES GROWTHGUI...Reuters
Fri, Jan 30
