News
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Breville Group Says FY Net Income AUD 135.9 Million
Aug 20 (Reuters) - Breville Group Ltd BRG.AX:FULL-YEAR DIVIDEND OF 37.0 AU CENTS PER SHARE FY GROSS MARGIN 36.6%FY GROSS PROFIT AUD 620.5 MILLIONFY EBIT AUD 204.6 MILLIONFY NET INCOME AUD 135.9 MILLIONFY REVENUE AUD 1,696.6 MILLION VERSUS. IBES ESTIMATE AUD 1,685 MILLIONFY EBITDA AUD 271.9 MILLIONWI...Reuters
Tue, Aug 19
'Purple Rain' co-star Apollonia sues Prince estate over use of her name
By Blake BrittainAug 19 (Reuters) - Actress, singer and former Prince confidante Patty Kotero, better known as Apollonia, sued the late rock star's estate in California federal court on Tuesday, seeking a court order that she owns the rights to the "Apollonia" name.Kotero, who starred wi...Reuters
Tue, Aug 19
US judge approves $2.8 billion Blue Cross settlement with health providers
By Mike Scarcella and David Thomas Aug 19 (Reuters) - A U.S. judge in Alabama on Tuesday granted final approval to a class action settlement requiring insurer Blue Cross Blue Shield to pay $2.8 billion to resolve claims by hospitals, physicians and other health professionals that they were underp...Reuters
Tue, Aug 19
Cyber security firm SSC Q3 revenue rises
OverviewSSC Security Services Corp Q3 revenue grows 1.7% yr/yr to C$30.2 mlnAdjusted EBITDA for Q3 rises 14% to C$1.4 mlnCo repurchased 140,900 shares, maintaining a debt-free balance sheet with strong liquidityOutlookCompany expects legacy assets to convert to cash within a yearSSC plans to expand ...Reuters
Tue, Aug 19
Chinese courier firm ZTO Express Q2 revenue rises
OverviewZTO Express Q2 revenue rises 10.3% yr/yr to RMB11,831.8 mlnAdjusted net income falls 26.8% to RMB2.1 blnCo announces interim dividend of US$0.30 per ADSOutlookCompany revises annual parcel volume guidance to 38.8 bln-40.1 blnZTO expects 2025 parcel volume growth of 14%-18%Company cites econo...Reuters
Tue, Aug 19
Vantage Data Centers plans $25 billion AI campus in Texas
Aug 19 (Reuters) - Vantage Data Centers said on Tuesday it would spend more than $25 billion to build a 1,200-acre data center campus in Shackelford County, Texas, as surging demand for artificial intelligence infrastructure fuels mega-scale developments.Backed by private equity firm Silver Lake and...Reuters
Tue, Aug 19
Borealis Foods Flags Substantial Doubt About Company's Ability To Continue As A Going Concern Within One Year After August 19
Aug 19 (Reuters) - Borealis Foods Inc BRLS.O:BOREALIS FOODS INC - SUBSTANTIAL DOUBT ABOUT COMPANY'S ABILITY TO CONTINUE AS A GOING CONCERN WITHIN ONE YEAR AFTER AUGUST 19Source text: [ID:n0001213900-25-078599]Reuters
Tue, Aug 19
NovaBay Pharmaceuticals Enters Into $6 Million Securities Purchase Agreement With Investor David Lazar
Aug 19 (Reuters) - NovaBay Pharmaceuticals Inc NBY.A:NOVABAY PHARMACEUTICALS ENTERS INTO $6 MILLION SECURITIES PURCHASE AGREEMENT WITH INVESTOR DAVID E. LAZARNOVABAY PHARMACEUTICALS INC - DAVID E. LAZAR APPOINTED AS NOVABAY'S CEO AND DIRECTORNOVABAY PHARMACEUTICALS INC - EXPECTS TO DECLARE SPECI...Reuters
Tue, Aug 19
EXCLUSIVE-White House launches official TikTok account
WASHINGTON, Aug 19 (Reuters) - The White House launched an official TikTok account on Tuesday, taking advantage of its more than 150 million U.S. users to spread the gospel of Donald Trump. Trump has a soft spot for the popular app, crediting it with helping him gain support among young voters whe...Reuters
Tue, Aug 19
SPECIAL REPORT-Trump shock spurs Japan to think about the unthinkable: nuclear arms
TOKYO, Aug 20 (Reuters) - By Tim Kelly, John Geddie, Ju-min Park, Joyce Lee, Josh Smith and David LagueIt was at an 18th century Georgian manor house outside London that Japanese lawmaker Rui Matsukawa began to have serious doubts about America’s commitment to defending her country.Matsukawa, a form...Reuters
Tue, Aug 19
HP reaches $39 million settlement of claims it defrauded shareholders about supplies business
Aug 19 (Reuters) - Hp reaches $39 million settlement of lawsuit claiming it defrauded shareholders by concealing lower margins and higher inventories in its supplies business in 2015 and 2016, court papers showReuters
Tue, Aug 19
Centrus Energy Says DOE Issued Waiver Allowing To Import LEU For All Currently Committed Deliveries To U.S. Customers In Years 2026,2027
Aug 19 (Reuters) - Centrus Energy Corp LEU.A:CENTRUS ENERGY- ON AUG 4, DOE ISSUED WAIVER ALLOWING TO IMPORT LEU FOR ALL CURRENTLY COMMITTED DELIVERIES TO U.S. CUSTOMERS IN YEARS 2026,2027Source text: [ID:n0001065059-25-000078]Reuters
Tue, Aug 19
Moody’s: Investment-grade brokers see growth ease, push deeper into U.S. middle market
By Keira WingateAug 19 - (The Insurer) - Investment-grade insurance brokers such as Aon, Marsh McLennan, Gallagher, Willis Towers Watson and Brown & Brown, are facing slower revenue growth but expanding margins as they ramp up expansion in the U.S. middle market, according to a report from Moody...Reuters
Tue, Aug 19
US accepts Brazil's WTO consultation request over tariffs
By Isabel Teles SAO PAULO, Aug 19 (Reuters) - The United States has accepted a request for consultations from Brazil at the World Trade Organization regarding tariffs it imposed on its goods, even as it argued the levies are a matter of national security, according to a document posted on the WTO...Reuters
Tue, Aug 19
Peraso Says Mobix Declines Peraso's Confidentiality Agreement In Strategic Review
Aug 19 (Reuters) - Peraso Inc PRSO.O:PERASO INC - MOBIX DECLINES PERASO'S CONFIDENTIALITY AGREEMENT IN STRATEGIC REVIEW - SEC FILINGPERASO INC - CO BELIEVES MAINTAINING LEVEL PLAYING FIELD FOR ALL INTERESTED PARTIES IS ESSENTIALPERASO INC - REMAINS OPEN TO ENGAGING WITH MOBIX, ANY OTHER PARTIES ...Reuters
Tue, Aug 19
Fiber cement maker James Hardie's first-quarter profit falls 29%
Aug 20 (Reuters) - Fiber cement maker James Hardie JHX.AX reported a 29% drop in its first-quarter profit on Wednesday, as elevated borrowing costs weighed on housing demand and slowed new construction, dragging earnings in its key North America division.The Dublin-headquartered firm reported adjust...Reuters
Tue, Aug 19
AM Best maintains negative outlook on Universal NA’s B FSR
By Keira WingateAug 19 - (The Insurer) - Universal North America Insurance Company (UNAIC)’s B financial strength rating (FSR) remains under review with negative implications by AM Best as the carrier’s management works on its business plan and capital management strategy.Alongside the FSR of B, Arl...Reuters
Tue, Aug 19
