News
Important Only
Lockmaker Allegion beats quarterly estimates on strong demand for security devices
Feb 18 (Reuters) - Allegion ALLE.N reported fourth-quarter revenue and profit above Wall Street estimates on Tuesday, driven by strong demand for its locks, keys and electronic security systems used in residential and commercial buildings.Allegion benefited from an increase in demand for the company...Reuters
Tue, Feb 18
Egypt president to travel to Riyadh for discussions on Arab plan for Gaza, sources say
CAIRO, Feb 18 (Reuters) - Egypt's President Abdel Fattah al-Sisi is expected to travel to Riyadh on Thursday for discussions on an Arab plan for Gaza, two Egyptian security sources said.Arab states are expected to discuss a post-war plan for Gaza reconstruction, possibly to counter U.S. Presiden...Reuters
Tue, Feb 18
BRIEF-Piramal Pharma Says US FDA Inspection At Turbhe Facility
Feb 18 (Reuters) - Piramal Pharma Ltd PIRM.NS:US FDA INSPECTION AT PIRAMAL PHARMA'S FACILITY LOCATED AT TURBHEON CONCLUSION OF INSPECTION, A FORM-483 WAS ISSUED WITH 6 OBSERVATIONSSource text: ID:nBSE410CGnFurther company coverage: PIRM.NSReuters
Tue, Feb 18
Russia wants NATO to disavow 2008 promise to Ukraine, foreign ministry says
MOSCOW, Feb 18 (Reuters) - Russia wants NATO to disavow its 2008 promise to one day give Ukraine membership of the U.S.-led military alliance, Russian Foreign Ministry spokeswoman Maria Zakharova said on Tuesday.NATO membership for Ukraine is unacceptable for Russia but a simple refusal to accept Uk...Reuters
Tue, Feb 18
BRIEF-Chemours Outlook FY Adjusted EBITDA Between $825 Million And $975 Million
Feb 18 (Reuters) - Chemours Co CC.N:CHEMOURS: OUTLOOK FY ADJUSTED EBITDA BETWEEN $825 MILLION AND $975 MILLIONCHEMOURS: OUTLOOK FY CAPITAL EXPENDITURES BETWEEN $250 MILLION TO $300 MILLIONCHEMOURS: OUTLOOK Q1 CONSOLIDATED NET SALES TO BE FLAT TO SLIGHTLY DOWN SEQUENTIALLYCHEMOURS: QTRLY NET SALES OF...Reuters
Tue, Feb 18
BRIEF-Genedx Holdings Corp FY 2025 Revenue Guidance Of $350M To $360M
Feb 18 (Reuters) - GeneDx Holdings Corp WGS.O:GENEDX HOLDINGS CORP: FY 2025 REVENUE GUIDANCE OF $350M TO $360M, EXOME/GENOME VOLUME AND REVENUE GROWTH OF AT LEAST 30%GENEDX HOLDINGS CORP - FOURTH QUARTER 2024 REVENUES GREW TO $95.3 MILLIONSource text: ID:nBwbXVKqqaFurther company coverage: WGS.OReuters
Tue, Feb 18
BRIEF-Alvotech And Teva Announce Filing Acceptance Of U.S. Biologics License Application
Feb 18 (Reuters) - Alvotech SA ALVO.O:ALVOTECH AND TEVA ANNOUNCE FILING ACCEPTANCE OF U.S. BIOLOGICS LICENSE APPLICATION FOR AVT06, A PROPOSED BIOSIMILAR TO EYLEA® (AFLIBERCEPT)ALVOTECH SA - REGULATORY APPROVAL FOR AVT06 EXPECTED BY Q4 2025Source text: ID:nGNX1fKZpRFurther company coverage: ALVO.OReuters
Tue, Feb 18
Deals of the day-Mergers and acquisitions
Dec 12 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Tuesday: ** Sweden's Northvolt has agreed to sell a business that makes electric battery packs for heavy industry, one of its few profitable units, to its customer and partner Scania, the ...Reuters
Tue, Feb 18
BRIEF-Tri Pointe Homes Inc For FY 2025, Anticipates Delivering Between 5,500 & 6,100 Homes
Feb 18 (Reuters) - Tri Pointe Homes Inc (Delaware) TPH.N:TRI POINTE HOMES INC: FOR FY 2025, ANTICIPATES DELIVERING BETWEEN 5,500 & 6,100 HOMES AT AVERAGE SALES PRICE BETWEEN $660,000 & $670,000TRI POINTE HOMES INC: FOR Q1, ANTICIPATES DELIVERING BETWEEN 900 AND 1,100 HOMES AT AN AVERAGE SALE...Reuters
Tue, Feb 18
Kerry Group says local policy should limit any tariffs hit
Updates throughout with background, comments on financial impact of tariffs, possible upside from U.S. food regulation DUBLIN, Feb 18 (Reuters) - Irish food ingredients multinational Kerry Group KYGa.I has a policy of producing locally that should protect against possible tariffs, its chief execu...Reuters
Tue, Feb 18
BRIEF-Alvotech And Teva Announce Filing Acceptance Of U.S. Biologics License Application
Feb 18 (Reuters) - Alvotech SA ALVO.O:ALVOTECH AND TEVA ANNOUNCE FILING ACCEPTANCE OF U.S. BIOLOGICS LICENSE APPLICATION FOR AVT06, A PROPOSED BIOSIMILAR TO EYLEA® (AFLIBERCEPT)ALVOTECH SA - REGULATORY APPROVAL EXPECTED BY Q4 2025ALVOTECH SA - FDA ACCEPTS FOR REVIEW BLA FOR ALVOTECH'S BIOSIMILAR...Reuters
Tue, Feb 18
BRIEF-Rtx's Pratt & Whitney Adds Sanad Group To The Gtf Mro Network
Feb 18 (Reuters) - Rtx Corp RTX.N:RTX'S PRATT & WHITNEY ADDS SANAD GROUP TO THE GTF MRO NETWORKRTX CORP - SANAD'S NEW STATE-OF-THE ART FACILITY IS EXPECTED TO BE COMPLETED BY 2028Source text: ID:nPn3mJ9vsaFurther company coverage: RTX.NReuters
Tue, Feb 18
Jimmy Lai's son urges US, UK help to get father out of Hong Kong jail
Jimmy Lai in solitary confinement in Hong Kong since Dec. 2020Tycoon has pleaded not guilty to charges of foreign collusionSon urges world leaders including Trump to secure his releaseBy Olivia Le Poidevin GENEVA, Feb 18 (Reuters) - Pro-democracy media tycoon Jimmy Lai is physically breaking down...Reuters
Tue, Feb 18
