News
Important Only
Auto retailer Asbury's Q2 revenue misses estimates
OverviewAsbury Q2 revenue rises 3% yr/yr but missed analyst expectations, per LSEG dataAdjusted EPS for Q2 beats consensus, reflecting strong operational performanceCo completed acquisition of The Herb Chambers Automotive GroupOutlookCompany focuses on long-term operational success with strategic po...Reuters
Tue, Jul 29
Singapore's Temasek plans to raise its stake in Italy's Zegna up to 10%
July 29 (Reuters) - Singapore state investment company Temasek plans to raise its stake in Italian luxury fashion house Ermenegildo Zegna JN0.F to up to 10%, a source familiar with the matter said on Tuesday.Temasek already owns just under 5% of Zegna.An announcement is expected later in the day, th...Reuters
Tue, Jul 29
Duke Energy to sell Tennessee natural gas business to Spire for $2.48 billion
July 29 (Reuters) - Duke Energy DUK.N said on Tuesday it has reached an agreement to sell its Piedmont Natural Gas Tennessee local distribution company business to Spire Inc SR.N for $2.48 billion in cash.Reuters
Tue, Jul 29
Obesity drugmaker Novo Nordisk cuts 2025 sales growth, operating profit outlook
COPENHAGEN, July 29 (Reuters) - Obesity drugmaker Novo Nordisk NOVOb.CO warned on Tuesday that full-year sales and operating proft would grow less than previously expected, marking its second forecast cut of 2025.The maker of weight-loss drug Wegovy is struggling to convince investors it can remain ...Reuters
Tue, Jul 29
PayPal lifts 2025 profit forecast above estimates as turnaround picks up pace
July 29 (Reuters) - PayPal PYPL.O raised its full-year profit forecast above Wall Street estimates on Tuesday, as the digital payments giant's push to revive growth in high-margin businesses such as Venmo and U.S. checkout begins to pay off.Under CEO Alex Chriss, PayPal has shifted its focus to ...Reuters
Tue, Jul 29
Morning News Call - U.S., July 29
To access a PDF version of this newsletter, please click here You can read Morning News Call -- US via TOPNEWS U.S. Companies page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-page For Morning Ne...Reuters
Tue, Jul 29
LG Innotek to take stake in lidar maker Aeva as part of $50 million deal
By Stephen NellisSAN FRANCISCO, July 29 (Reuters) - Aeva Technologies AEVA.O said on Tuesday that South Korean camera module maker LG Innotek 011070.KS will take an equity stake in Aeva as part of a $50 million strategic collaboration.Aeva makes lidar sensors that help vehicles and industrial equipm...Reuters
Tue, Jul 29
US Senate Democrats to investigate Kennedy's firing of vaccine expert panel
By Ahmed Aboulenein WASHINGTON, July 29 (Reuters) - Democrats on the U.S. Senate's health committee launched an investigation on Tuesday into Health Secretary Robert F. Kennedy Jr.'s firing of all members of a Centers for Disease Control and Prevention panel of vaccine experts.Kennedy las...Reuters
Tue, Jul 29
Iran's Khamenei accuses West of using nuclear demands as an excuse for confrontation
DUBAI, July 29 (Reuters) - Iran's Supreme Leader Ayatollah Ali Khamenei said on Tuesday that Western demands over Tehran's nuclear programme are an excuse to confront the Islamic Republic, a day after U.S. President Donald Trump warned about renewed strikes if Iran restarts nuclear work. ...Reuters
Tue, Jul 29
Investment firm PJT Partners' Q2 revenue up 13%, beats estimates
OverviewPJT Partners Q2 revenue up 13% to $407 mln, beating analyst expectationsAdjusted EPS rises 29% to $1.54, exceeding analyst estimatesCompany repurchased 2.1 mln shares, maintaining strong cash positionOutlookPJT Partners did not provide specific future guidanceCompany remains confident in fut...Reuters
Tue, Jul 29
Rating firms say US tariffs alone will not trigger EU sovereign downgrades
By Marc Jones LONDON, July 29 (Reuters) - The sharp increase in U.S. trade tariffs on the European Union will not trigger immediate sovereign rating cuts, but could compound existing pressures, Fitch and other agencies said on Tuesday, while Moody's warned of the effect on exporting firms.One...Reuters
Tue, Jul 29
Hyperscale Data Unit Alliance Cloud Services Has Entered Into An Engineering Design Agreement With Semco Energy Inc
July 29 (Reuters) - Hyperscale Data Inc GPUS.A:HYPERSCALE DATA INC - UNIT ALLIANCE CLOUD SERVICES, LLC HAS ENTERED INTO AN ENGINEERING DESIGN AGREEMENT WITH SEMCO ENERGY INCReuters
Tue, Jul 29
Brightstar Lottery PLC Launching $250 Million Accelerated Share Repurchase Program
July 29 (Reuters) - Brightstar Lottery PLC 7IG.F:BRIGHTSTAR LOTTERY PLC: LAUNCHING $250 MILLION ACCELERATED SHARE REPURCHASE PROGRAMBRIGHTSTAR LOTTERY PLC: EXPANDING OPTIMA 3.0 COST REDUCTION PROGRAM TO $50 MILLIONBRIGHTSTAR LOTTERY PLC: 2025 ADJUSTED EBITDA OUTLOOK REAFFIRMEDBRIGHTSTAR LOTTERY PLC:...Reuters
Tue, Jul 29
Pump maker Flowserve misses Q2 sales estimates, terminates Chart Industries merger
OverviewFlowserve Q2 sales miss analyst expectations, adjusted EPS beats estimates, per LSEG dataCompany increases full-year 2025 adjusted EPS guidance, reflecting strategic confidenceFlowserve terminates merger with Chart Industries, receives $266 mln termination paymentOutlookFlowserve raises full...Reuters
Tue, Jul 29
Lilly's Jaypirca (Pirtobrutinib), The First And Only Approved Non-Covalent (Reversible) BTK Inhibitor, Met Its Primary Endpoint In A Head-To-Head Phase 3 Trial Versus Imbruvica (ibrutinib) In CLL/SLL
July 29 (Reuters) - Eli Lilly and Co LLY.N:LILLY'S JAYPIRCA (PIRTOBRUTINIB), THE FIRST AND ONLY APPROVED NON-COVALENT (REVERSIBLE) BTK INHIBITOR, MET ITS PRIMARY ENDPOINT IN A HEAD-TO-HEAD PHASE 3 TRIAL VERSUS IMBRUVICA (IBRUTINIB) IN CLL/SLLELI LILLY AND CO - PROGRESSION-FREE SURVIVAL DATA FAVO...Reuters
Tue, Jul 29
Chart Industries Q2 profit beats estimates
OverviewChart Industries Q2 sales rise 4% yr/yr, just missing analyst expectations, per LSEG dataAdjusted EPS for Q2 beats analyst estimates, rising 18.8% yr/yr, per LSEG dataCompany withdraws 2025 guidance due to proposed acquisition by Baker HughesOutlookChart Industries withdraws 2025 guidance du...Reuters
Tue, Jul 29
