News
Important Only
Rogers adds fewer-than-expected subscribers, reiterates focus on reducing debt
Adds share movement in paragraph 3, revenue and EPS in paragraphs 6 & 7; background on equity-financing deal in paragraphs 8 & 9; details from analyst call in 10 & 11 Jan 30 (Reuters) - Canada's Rogers Communications RCIb.TO added fewer-than-expected wireless subscriptions in the ...Reuters
Thu, Jan 30
Continental's ContiTech division to close four plants in Germany
Jan 30 (Reuters) - German car parts supplier Continental's CONG.DE ContiTech division is to fully close down four plants and make personnel changes at two other sites, affecting a total of 580 employees, the company said on Thursday. ContiTech plans to fully shut down its plants in Bad Blankenbu...Reuters
Thu, Jan 30
Army helicopter crew in Washington crash was experienced, had night vision goggles, Pentagon says
WASHINGTON, Jan 30 (Reuters) - The three soldiers aboard the U.S. Army Black Hawk helicopter that collided with an American Airlines passenger plane on Wednesday were fairly experienced, had night vision goggles and were carrying out an annual training mission at the time of the incident, the Pentag...Reuters
Thu, Jan 30
BRIEF-Cigna Exec Says Will Focus On Making Prior Authorizations Faster
Jan 30 (Reuters) - Cigna Group CI.N:PUBLIC SCRUTINY FOLLOWING UNITEDHEALTH SHOOTING CHALLENGED CIGNA TO INCREASE TRANSPARENCY, EXEC SAYSCIGNA EXEC SAYS WILL FOCUS ON MAKING PRIOR AUTHORIZATIONS FASTER - CONF. CALLCIGNA EXEC SAYS SAW AN INCREASE IN HIGH COST CLAIMS DUE TO PRESCRIPTION AND USE OF SPEC...Reuters
Thu, Jan 30
US SEC case over massive Allen Stanford fraud ends, judge orders fines
Convicted financier ordered to pay $5.9 billion fineFake CDs used in Ponzi schemeStanford serving 110-year prison termBy Jonathan Stempel Jan 30 (Reuters) - A federal judge ordered an end to the U.S. Securities and Exchange Commission's 16-year-old lawsuit over Allen Stanford's $7.2 billi...Reuters
Thu, Jan 30
Moody's expects reinsurers to take at least 30% of LA wildfire losses
By Michael LoneyJan 30 - (The Insurer) - Reinsurers will assume at least 30 percent of insured losses from the Los Angeles wildfires, while insurers’ first quarter earnings will also be significantly weakened, Moody’s has commented.In a new report, Moody’s noted that reinsurers will “assume sizeable...Reuters
Thu, Jan 30
BRIEF-Quest Diagnostics Exec Says Expect To Moderate Pace Of Acquisitions In 2025
Jan 30 (Reuters) - Quest Diagnostics Inc DGX.N:QUEST DIAGNOSTICS EXEC SAYS EXPECT TO MODERATE PACE OF ACQUISITIONS IN 2025, FOCUS ON DRIVING GROWTH FROM PRODUCTIVITY FROM TRANSACTIONS COMPLETED LAST YEAR - CONF CALLQUEST DIAGNOSTICS EXEC SAYS "MONITORING Q1 AND JANUARY CLOSELY" AFTER COLDER ...Reuters
Thu, Jan 30
Check Point Software sees AI boosting 2025 revenue, profit as Q4 beats estimates
Adds Q1, 2025 forecasts, chairman's comments, share reaction in paragraphs 3-4, 8, 15-16AI adoption to drive Check Point's growth in 2025Check Point's Q4 earnings beat analysts' expectationsCEO Zafrir highlights AI's impact on cybersecurity needsCheck Point sees 2025 revenue of $...Reuters
Thu, Jan 30
EXCLUSIVE-U.S. Army unit involved in Washington collision to temporarily pause flights
Adds background in paragraph 2 and 5By Phil Stewart and Idrees Ali WASHINGTON, Jan 30 (Reuters) - The U.S. Army unit whose helicopter was involved in the overnight collision with a passenger jet near Washington has been placed on an operational pause, two U.S. officials told Reuters on Thursday, ...Reuters
Thu, Jan 30
Russia may need to expand and upgrade its nuclear arsenal to counter the West, diplomat says
MOSCOW, Jan 30 (Reuters) - Russia may need to expand and upgrade its nuclear arsenal, already the world's largest, to counter the threat it faces from the West, a Russian diplomat said in an article published on Thursday. "In the emerging realities, it is no longer possible to talk about str...Reuters
Thu, Jan 30
CORRECTED-Marsh McLennan beats profit estimates on risk and insurance business strength
Corrects acquisition figure in paragraph 10 to $9.4 billion, not $10 billion Jan 30 (Reuters) - Insurance brokerage and consulting company Marsh McLennan's MMC.N fourth-quarter profit beat Wall Street estimates on Thursday, as its risk and insurance business recorded strong growth. WHY IT'...Reuters
Thu, Jan 30
BUZZ-Street View: T-Mobile's strong fundamentals set to propel growth in 2025
** T-Mobile TMUS.O on Wednesday said it expects wireless subscriber growth this year to more than double the estimates, due to strong demand for its premium 5G plans** At least nine brokerages have raised their price targets on the stock post its Q4 results - LSEG-compiled dataSOLID MANAGEMENT, SOLI...Reuters
Thu, Jan 30
Deals of the day-Mergers and acquisitions
Adds: AnaCap Updates: Fevertree DrinksJan 30 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Thursday:** Shares of Fevertree Drinks FEVR.L surged almost 24% after Molson Coors TAP.N took an 8.5% stake in the firm, in a deal giving the beer giant exclu...Reuters
Thu, Jan 30
Eurosceptic party quits Norway's government, almost half of cabinet departs
Junior coalition partner Centre Party quits governmentLabour can rule aloneCentre and Labour disagree over EU energy directivesLabour see good relations with EU as keyAdds background, quote in paragraphs 5-6, detail in paragraphs 8-14, expands bullet pointsBy Terje Solsvik OSLO, Jan 30 (Reuters) ...Reuters
Thu, Jan 30
BRIEF-Parker-Hannifin Expects FY25 EPS $26.40 To $27.00 On Adj Basis
Jan 30 (Reuters) - Parker-Hannifin Corp PH.N:OUTLOOK SALES GROWTH IN FISCAL 2025 OF -2% TO +1%, WITH ORGANIC SALES GROWTH OF ABOUT +2% OUTLOOK FY25 EPS $26.40 TO $27.00 ON AN ADJUSTED BASISFY2025 EARNINGS PER SHARE VIEW $26.78 -- LSEG IBES DATASource text: [ID:]Further company coverage: PH.NReuters
Thu, Jan 30
AssuredPartners adds NFP's Sickle as chief information officer
By Isha MaratheJan 29 - (The Insurer) - AssuredPartners has hired Jason Sickle, senior vice president of technology operations at Aon-owned NFP, as its chief information officer. Sickle has over 25 years of experience in the industry, 19 of which he has spent at NFP, which he he joined as VP of tec...Reuters
Thu, Jan 30
BRIEF-Flagstar CEO Says Projecting Profitability In Q4 '25 - Conf Call
Jan 30 (Reuters) - Flagstar Financial FLG.N:FLAGSTAR FINANCIAL CEO JOSEPH OTTING SAYS PROJECTING PROFITABILITY IN Q4 2025 - CONF CALLFLAGSTAR CFO LEE SMITH SAYS BANK WILL CONTINUE TO BE OPPORTUNISTIC AND EXPLORE ALL OPTIONS, INCLUDING LOAN SALES TO REDUCE CRE EXPOSUREFLAGSTAR CFO SAYS BANK SOLD LARG...Reuters
Thu, Jan 30
BRIEF-Digitalbridge Announces Participation In Databank Financing
Jan 30 (Reuters) - DigitalBridge Group Inc DBRG.N:DIGITALBRIDGE ANNOUNCES PARTICIPATION IN DATABANK FINANCINGDIGITALBRIDGE GROUP: WILL RECEIVE GROSS CASH PROCEEDS OF $59 MILLION IN CONNECTION WITH TRANSACTION CLOSING, EXPECTED IN FEB 2025Source text: ID:nBw5xq32CaFurther company coverage: DBRG.NReuters
Thu, Jan 30
EXCLUSIVE-U.S. Army unit involved in Washington collision to temporarily pause flights, officials say
WASHINGTON, Jan 30 (Reuters) - The U.S. Army unit involved in the overnight collision with a passenger jet near Washington D.C. has been placed on an operational pause, two U.S. officials told Reuters on Thursday, meaning helicopters from that unit will not be flying for the time being.One of the of...Reuters
Thu, Jan 30
