News
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HDI Global names AIG’s Godwin UK and Ireland COO
By Michael JonesFeb 4 - (The Insurer) - HDI Global has appointed AIG's Geoff Godwin as chief operating officer for the UK and Ireland.The industrial lines insurer said Godwin will also join its executive team. He will report to UK and Ireland CEO Stephanie Ogden.Godwin has joined following a 16-...Reuters
Tue, Feb 4
EU will be ready for tough negotiations with US, von der Leyen says
Updates with background, further quotes from paragraph 2 BRUSSELS, Feb 4 (Reuters) - The European Union will be ready for tough negotiations with the United States to protect its own interests and will be pragmatic in trying to find solutions, EU Commission President Ursula von der Leyen said as ...Reuters
Tue, Feb 4
PayPal forecasts 2025 profit above estimates as turnaround gains traction
Feb 4 (Reuters) - PayPal PYPL.O forecast full-year profit above estimates on Tuesday, fueled by the digital payments giant's push to revive growth in branded products, improve pricing and sharpen cost-cutting efforts. Since taking over in late 2023, PayPal CEO Alex Chriss has focused on high-mar...Reuters
Tue, Feb 4
MercadoLibre's payment processor offers Pix as Brazilian tourists flock to Argentina
Feb 4 (Reuters) - MercadoLibre is now offering transactions using its payment processors in Argentina through Pix, the Brazilian instant payment system, as Brazilian tourists flock to the neighboring country for vacation, MercadoLibre told Reuters on Tuesday.MercadoLibre's MELI.O payment process...Reuters
Tue, Feb 4
Euro zone yields rise as markets weigh Trump's tariff plans
Tariffs likely to be inflationaryCentral banks may have to cut ratesUS central bank has more scope to sacrifice growthUpdates in European midday tradeBy Greta Rosen Fondahn Feb 4 (Reuters) - German bund yields rose on Tuesday, after falling for three days, as investors weighed the impact of U.S. ...Reuters
Tue, Feb 4
India's Titan beats Q3 profit estimates on festive gold demand
Feb 4 (Reuters) - Indian jeweller and watchmaker Titan TITN.NS topped third-quarter profit estimates on Tuesday, as customers splurged on ornaments during the festive season.The company reported a profit of 10.47 billion rupees ($120.23 million) in the quarter ended Dec. 31, marginally lower from a...Reuters
Tue, Feb 4
Insurance broker WTW beats Q4 profit estimates on robust product demand
Feb 4 (Reuters) - Insurance broker Willis Towers Watson WTW.O beat Wall Street estimates for fourth-quarter profit on Tuesday, driven by a strong performance in its risk and brokerage business.Businesses increased spending on insurance products as they prioritized financial security to safeguard aga...Reuters
Tue, Feb 4
WTW reports 5% organic growth as adj EPS beats consensus
By Scott VincentFeb 4 - (The Insurer) - WTW has reported adjusted diluted earnings per share of $8.13 for the fourth quarter of 2024, beating analyst consensus of $8.03.The group generated revenue of $3bn for the quarter, an increase of 4 percent on the prior-year period. WTW reported organic growth...Reuters
Tue, Feb 4
BRIEF-Premier 2025 Total Net Revenue Outlook Excluding Contigo Health $940 Million To $1.01 Billion
Feb 4 (Reuters) - Premier Inc PINC.O:PREMIER: OUTLOOK FISCAL 2025 TOTAL NET REVENUE EXCLUDING CONTIGO HEALTH $940 MILLION TO $1.01 BILLIONPREMIER: OUTLOOK FISCAL 2025 ADJUSTED EPS $1.26 TO $1.34Source text: ID:nBw1gfxn6aFurther company coverage: PINC.OReuters
Tue, Feb 4
EU wants early U.S. talks to avert Trump tariffs
EU trade chief seeks 'early engagement' with U.S. Commerce SecVon der Leyen sees tough negotiations, will protect EU interestsTrump has said EU is next in line after Canada, Mexico, China By Philip Blenkinsop WARSAW, Feb 4 (Reuters) - The European Union wants to engage swiftly with the Un...Reuters
Tue, Feb 4
BRIEF-KKR Records Quarterly Adjusted Earnings Per Share Of $1.32
Feb 4 (Reuters) - KKR & Co Inc KKR.N:KKR Q4 ADJUSTED EPS $1.32 VERSUS IBES ESTIMATE $1.28KKR Q4 TOTAL REVENUE $3.26 BILLION VERSUS IBES ESTIMATE $1.95 BILLIONKKR Q4-END AUM $638 BILLION VERSUS IBES ESTIMATE $643.43 BILLIONKKR Q4 FEE RELATED EARNINGS $843 MILLIONKKR: TO RAISE STAKE ACROSS USI INS...Reuters
Tue, Feb 4
KKR quarterly profit beats expectation on dealmaking revival
Feb 4 (Reuters) - Alternative asset manager KKR & Co KKR.N reported a fourth-quarter profit that beat Wall Street expectations on Tuesday, as a rebound in dealmaking activity boosted its income from asset sales.The Federal Reserve's recent interest rate cuts and Donald Trump's return to ...Reuters
Tue, Feb 4
BRIEF-Graphic Packaging's 2025 guidance: Net Sales $8.7B-$8.9B, Adj.EBITDA $1.68B-$1.78B, Adj.EPS $2.53-$2.78.
Feb 4 (Reuters) - Graphic Packaging Holding Co GPK.N:2025 GUIDANCE: NET SALES $8.7B-$8.9B, ADJUSTED EBITDA $1.68B-$1.78B, ADJUSTED EPS $2.53-$2.78FY2025 EARNINGS PER SHARE VIEW $2.67 -- LSEG IBES DATAFY2025 REVENUE VIEW $8.93 BILLION -- LSEG IBES DATAOUTLOOK FY CAPITAL SPENDING TO BE IN THE RANGE OF...Reuters
Tue, Feb 4
Ferrari sees further growth this year after beating forecasts in FY 2024
MILAN, Feb 4 (Reuters) - Luxury sports car maker Ferrari RACE.MI said on Tuesday its revenues and core earnings would rise this year, supported by strong product delivery and increased demand for personalisation after meeting targets for 2024.The Italian company said it saw its adjusted earnings bef...Reuters
Tue, Feb 4
BRIEF-Apollo Global Posts Q4 Adjusted EPS $2.22 vs IBES Estimate $1.89
Feb 4 (Reuters) - Apollo Global Management Inc APO.N:APOLLO Q4 ADJUSTED EPS $2.22 VERSUS IBES ESTIMATE $1.89APOLLO Q4 REVENUE $5.28 BILLION VERSUS IBES ESTIMATE $4.36 BILLIONAPOLLO Q4 TOTAL AUM $751 BILLION VERSUS IBES ESTIMATE $757.2 BILLIONAPOLLO: Q4 CASH DIVIDEND OF $0.4625 PER SHARE OF COMMON ST...Reuters
Tue, Feb 4
BRIEF-Merck Outlook 2025 Adj EPS $8.88 - $9.03 Vs IBES Estimate $9.02
Feb 4 (Reuters) - Merck & Co Inc MRK.N:Q4 ADJUSTED EPS $1.72 VERSUS IBES ESTIMATE $1.62OUTLOOK 2025 ADJUSTED EPS $8.88 - $9.03 VERSUS IBES ESTIMATE $9.02OUTLOOK 2025 WORLDWIDE SALES $64.1 BILLION - $65.6 BILLION VERSUS IBES ESTIMATE $67.31 BILLION2025 SALES RANGE REFLECTS DECISION TO TEMPORARILY...Reuters
Tue, Feb 4
Uganda sends 1,000 more soldiers to east Congo near conflict, sources say
NAIROBI, Feb 4 (Reuters) - Uganda has deployed more than 1,000 extra soldiers into east Congo in the last week, four diplomatic and U.N. sources said, near an area where the Kinshasa government is fighting M23 rebels and there are fears of a regional escalation. That would raise the number of Uganda...Reuters
Tue, Feb 4
