News
Important Only
BRIEF-Gamestop Announces Plan To Pursue A Sale Of French And Canadian Operations
Feb 18 (Reuters) - GameStop Corp GME.N:GAMESTOP ANNOUNCES PLAN TO PURSUE A SALE OF FRENCH AND CANADIAN OPERATIONSGAMESTOP CORP - TO PURSUE SALE OF OPERATIONS IN FRANCE AND CANADASource text: ID:nGNX5FTN7tFurther company coverage: GME.NReuters
Tue, Feb 18
BRIEF-Extreme Networks Announces $200 Million Share Repurchase Authorization
Feb 18 (Reuters) - Extreme Networks Inc EXTR.O:EXTREME NETWORKS ANNOUNCES $200 MILLION SHARE REPURCHASE AUTHORIZATIONEXTREME NETWORKS INC - IT HAS $50 MILLION REMAINING FROM 2022 SHARE REPURCHASE AUTHORIZATIONSource text: ID:nBw4wfNzMaFurther company coverage: EXTR.OReuters
Tue, Feb 18
BUZZ-Southwest rises after announcing first-ever layoffs
** Shares of U.S. budget carrier Southwest Airlines LUV.N rise nearly 2.4% in premarket trading** The Dallas-based carrier announced on Monday plans to cut 15% corporate jobs, or about 1,750 roles, in the first-ever round of layoffs in its history** Layoffs include 15% of the co's senior managem...Reuters
Tue, Feb 18
BRIEF-Chimerix Announces FDA Acceptance And Priority Review Of New Drug Application For Dordaviprone
Feb 18 (Reuters) - Chimerix Inc CMRX.O:CHIMERIX ANNOUNCES FDA ACCEPTANCE AND PRIORITY REVIEW OF NEW DRUG APPLICATION FOR DORDAVIPRONE AS TREATMENT FOR RECURRENT H3 K27M-MUTANT DIFFUSE GLIOMACHIMERIX INC - FDA GRANTS PRIORITY REVIEW TO CHIMERIX'S DORDAVIPRONE, PDUFA DATE AUGUST 18, 2025CHIMERIX I...Reuters
Tue, Feb 18
BRIEF-Siemens Healthineers Selected Gxo To Expand Its Forward Stocking Network
Feb 18 (Reuters) - GXO Logistics Inc GXO.N:GXO LOGISTICS- SIEMENS HEALTHINEERS SELECTED GXO TO EXPAND ITS FORWARD STOCKING NETWORK AT TWO KEY LOCATIONS IN U.S.GXO LOGISTICS INC - PLANS TO BEGIN OPERATIONS IN CALIFORNIA IN EARLY 2025Source text: ID:nGNX77wNRlFurther company coverage: GXO.NReuters
Tue, Feb 18
Walmart Inc expected to post earnings of 64 cents a share - Earnings Preview
Walmart Inc WMT.N, WMT is expected to show a rise in quarterly revenue when it reports results on February 20 for the period ending January 31 2025The Bentonville Arkansas-based company is expected to report a 3.8% increase in revenue to $180.01 billion from $173.39 billion a year ago, according t...Reuters
Tue, Feb 18
Congo army retreat from Bukavu leads to clashes with allied militias
Pro-government militias opposed order to withdrawFighting reported in towns South of Bukavu far from front lineLoss of Bukavu dealt further blow to eastern campaignEscalation fuels fears of wider warBy Sonia Rolley Feb 18 (Reuters) - Government forces and local militias have clashed south of the ...Reuters
Tue, Feb 18
BRIEF-UK Chancellor Reeves Called In Executives From Abrdn, BlackRock, Citi, Goldman Sachs, JP Morgan, Morgan Stanley & Schroders On Wednesday Morning- Sky News
Feb 18 (Reuters) - Abrdn PLC ABDN.L:CHANCELLOR REEVES CALLED IN EXECUTIVES FROM ABRDN, BLACKROCK, CITI, GOLDMAN, JP MORGAN, MORGAN STANLEY & SCHRODERS ON WEDNESDAY MORNING- SKY NEWSSource text: https://tinyurl.com/ynzwhwhcFurther company coverage: ABDN.LReuters
Tue, Feb 18
BRIEF-Solid Biosciences Reports Positive Initial Clinical Data from SGT-003
Feb 18 (Reuters) - Solid Biosciences Inc SLDB.O:SOLID BIOSCIENCES INC: SGT-003 HAS BEEN WELL-TOLERATED WITH NO SERIOUS ADVERSE EVENTS OBSERVEDSOLID BIOSCIENCES INC - AVERAGE MICRODYSTROPHIN EXPRESSION OF 110% OBSERVED IN PHASE 1/2 TRIAL OF SGT-003SOLID BIOSCIENCES - PLANS TO REQUEST FDA MEETING FOR ...Reuters
Tue, Feb 18
Restaurant Brands takes full control of Burger King China
Feb 18 (Reuters) - Restaurant Brands International QSR.N QSR.TO said on Tuesday it has bought stakes in Burger King China from its local franchisee for about $158 million, giving it nearly total ownership of the business.The fast food chain operator said it would engage its advisors to work on ident...Reuters
Tue, Feb 18
India's Reliance launches home-grown cola brand 'Campa' in UAE
Feb 18 (Reuters) - India's Reliance Consumer Products on Tuesday launched its home-grown cola brand, Campa Cola, in the United Arab Emirates, marking the brand's first foray into the global market dominated by U.S. beverage giants PepsiCo PEP.O and Coca-Cola KO.N. The FMCG arm of Mukesh Amba...Reuters
Tue, Feb 18
BRIEF-Valmont Announces Capital Allocation Priorities
Feb 18 (Reuters) - Valmont Industries Inc VMI.N:VALMONT ANNOUNCES CAPITAL ALLOCATION PRIORITIESVALMONT INDUSTRIES INC - BOARD APPROVES $700 MILLION SHARE REPURCHASE AUTHORIZATIONVALMONT INDUSTRIES INC - QUARTERLY DIVIDEND INCREASED 13% TO $0.68 PER SHARESource text: ID:nBw4zkmvPaFurther company cove...Reuters
Tue, Feb 18
Chinese film Nezha 2 becomes highest-grossing animated film globally
BEIJING, Feb 18 (Reuters) - Chinese animated blockbuster Nezha 2 overtook Pixar's Inside Out 2 on Tuesday to become the highest-grossing animated film globally, according to data from ticketing platform Maoyan 1896.HK.Nezha 2 has amassed a total box office of 12.3 billion yuan ($1.69 billion) i...Reuters
Tue, Feb 18
Medtronic beats quarterly profit estimates on strength in medical devices demand
Feb 18 (Reuters) - Medtronic MDT.N beat Wall Street estimates for quarterly profit on Tuesday, on strong demand for its medical devices.On an adjusted basis, the medical device maker reported third-quarter profit per share of $1.39, compared to analysts' estimate of a profit of $1.36 per share, ...Reuters
Tue, Feb 18
BRIEF-Target Hospitality Announces Multi-Year Workforce Hub Contract
Feb 18 (Reuters) - Target Hospitality Corp TH.O:TARGET HOSPITALITY ANNOUNCES MULTI-YEAR WORKFORCE HUB CONTRACT ADVANCING STRATEGIC DIVERSIFICATION AND REGIONAL NETWORK EXPANSIONTARGET HOSPITALITY CORP - PROJECTS 2025 REVENUE BETWEEN $385-$395 MILLIONTARGET HOSPITALITY: ANTICIPATES ABOUT $68 MILLION...Reuters
Tue, Feb 18
