News
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BRIEF-Fortive Appoints Shar Dubey As Chair Of The Board
Jan 29 (Reuters) - Fortive Corp FTV.N:FORTIVE ANNOUNCES BOARD CHAIR TRANSITIONFORTIVE CORP - APPOINTS SHAR DUBEY AS CHAIR OF THE BOARDFORTIVE CORP - ALAN G. SPOON TO RETIRE FROM FORTIVE BOARD IN JUNE 2025Source text: ID:nBw6m961KaFurther company coverage: FTV.NReuters
Wed, Jan 29
BRIEF-T-Mobile Posts Q4 EPS $2.57
Jan 29 (Reuters) - T-Mobile US Inc TMUS.O:T-MOBILE Q4 EPS $2.57; IBES ESTIMATE $2.29T-MOBILE Q4 TOTAL REVENUE $21.87 BILLION VERSUS IBES ESTIMATE $21.31 BILLIONT-MOBILE OUTLOOK FY 2025 CORE ADJUSTED EBITDA $33.1 BILLION TO $33.6 BILLIONT-MOBILE Q4 POSTPAID PHONE NET CUSTOMER ADDS 903,000 VERSUS FACT...Reuters
Wed, Jan 29
NCSC’s Oswald: Severity of cyber threat “widely underestimated” by UK firms
By Ryan HewlettJan 29 - (The Insurer) - The threat to UK businesses and critical infrastructure from cyber attacks by nation states and bad actors remains “widely underestimated” by the public, with policymakers increasingly looking to the (re)insurance market to promote and build cyber resilience.S...Reuters
Wed, Jan 29
Teva Pharm Q4 tops estimates on strong sales of its own drugs
JERUSALEM, Jan 29 (Reuters) - Teva Pharmaceutical Industries TEVA.TA reported a slightly larger than expected rise in fourth-quarter profit, helped by double-digit sales gains in a trio of its branded drugs to treat migraines, Huntington's disease and schizophrenia.The world's largest generi...Reuters
Wed, Jan 29
BRIEF-UK'S CMA Says Inquiry Into Schlumberger/ChampionX Deal Has Deadline Of 27 March For Phase 1 Decision
Jan 29 (Reuters) - UK'S CMA: COMPETITION AND MKTS - MERGER UPDATE: SCHLUMBERGER/CHAMPIONXUK'S CMA - LAUNCH OF ITS MERGER INQUIRY INTO SCHLUMBERGER/CHAMPIONX DEALUK'S CMA: INQUIRY INTO SCHLUMBERGER/CHAMPIONX DEAL HAS DEADLINE OF 27 MARCH 2025 FOR PHASE 1 DECISIONSource text: ID:nRSc8191U...Reuters
Wed, Jan 29
UK competition regulator launches inquiry into $8 bln SLB-ChampionX deal
Jan 29 (Reuters) - Britain's competition regulator said on Wednesday it has launched an inquiry into oilfield services company SLB's SLB.N proposed $8 billion deal to buy smaller rival ChampionX CHX.O.The Competition and Markets Authority said it is looking at whether the deal, which was ann...Reuters
Wed, Jan 29
Charter Communications Inc expected to post earnings of $9.37 a share - Earnings Preview
Charter Communications Inc CHTR.OQ CHTR.O is expected to show a rise in quarterly revenue when it reports results on January 31 for the period ending December 31 2024The Stamford Connecticut-based company is expected to report a 1.2% increase in revenue to $13.881 billion from $13.71 billion a yea...Reuters
Wed, Jan 29
Ukraine anti-graft agency investigates defence minister amid procurement dispute
Investigators looking for signs of official abuseMinistry infighting over control of arms purchasesDispute could dent Western trust in Kyiv as war continuesBy Dan Peleschuk KYIV, Jan 29 (Reuters) - Ukrainian investigators have opened a criminal case involving Defence Minister Rustem Umerov, a mo...Reuters
Wed, Jan 29
General Dynamics quarterly profit rises on steady defense demand
Jan 29 (Reuters) - General Dynamics GD.N reported a 14.2% rise in fourth-quarter profit on Wednesday, as sustained demand for military munitions and vehicles boosted its defense businesses.The Virginia-based company reported a quarterly profit of $1.15 billion, or $4.15 per share, up from $1.01 bill...Reuters
Wed, Jan 29
T-Mobile forecasts upbeat annual subscriber growth on higher premium bundle demand
Jan 29 (Reuters) - T-Mobile TMUS.O forecast annual wireless subscriber growth above Wall Street estimates on Wednesday, after holiday-quarter promotions and deals boosted demand for its affordable premium 5G plans with streaming bundles.
Reuters
Wed, Jan 29
Nasdaq's quarterly profit rises as fintech shines
Jan 29 (Reuters) - Nasdaq NDAQ.N reported a higher fourth-quarter profit on Wednesday, helped by strong demand for the exchange operator's financial technology products.Net profit attributable to the company, on an adjusted basis, came in at $438 million, or 76 cents per share, in the fourth qua...Reuters
Wed, Jan 29
COLUMN-Can Trump crush DEI? A look at the data: Ross Kerber
The opinions expressed here are those of the author, a columnist for Reuters. This column is part of the weekly Reuters Sustainable Finance newsletter, which you can sign up for here https://www.reuters.com/newsletters/reuters-sustainable-finance/By Ross Kerber BOSTON, Jan 29 (Reuters) - Through ...Reuters
Wed, Jan 29
AI-driven vehicle inspection startup UVeye raises $191 mln in equity, debt
By Nick CareyJan 29 (Reuters) - UVeye, a startup that uses AI-driven technology to inspect vehicles to avoid defects and target repairs, said on Wednesday it has raised $191 million in debt and equity to scale up production in North America and Europe.The company's $41 million funding round was ...Reuters
Wed, Jan 29
Euro zone yields edge down, focus turns to Fed and ECB
Updates with latest price moves, adds quotes, adds detailsBy Lucy Raitano LONDON, Jan 29 (Reuters) - Euro zone bond yields nudged lower on Wednesday as traders caught their breath ahead of the Federal Reserve's meeting later in the day and the European Central Bank's on Thursday, with loo...Reuters
Wed, Jan 29
UNRWA Lebanon says not impacted by US aid freeze or new Israeli law
By Emilie Madi BEIRUT, Jan 29 (Reuters) - The director of the United Nations agency for Palestinian refugees in Lebanon said on Wednesday that the agency had not been affected by U.S. President Donald Trump's halt to U.S. foreign aid funding or by an Israeli ban on its operations. "UNRWA ...Reuters
Wed, Jan 29
Fashion chain Mango's CEO to succeed chairman Andic
MADRID, Jan 29 (Reuters) - The chief executive of Spain's second-largest fashion company Mango, Toni Ruiz, will also become chairman of the board, replacing Mango's founder and owner, Isak Andic, who died in a mountain accident last December, the company said on Wednesday.Andic's son, Jo...Reuters
Wed, Jan 29
EU expands 'simplification' drive to cut red tape, draft document shows
By Kate Abnett BRUSSELS, Jan 29 (Reuters) - The European Commission aims to cut more of the reporting rules criticised by some companies and politicians, as it ramps up efforts to make European industries globally competitive, a draft document showed.The Commission will publish an overarching pla...Reuters
Wed, Jan 29
REFILE-French government: LVMH is pride of country but we understand Arnault's anger
Corrects typo in first paragraph to 'pride', from 'price'. PARIS, Jan 29 (Reuters) - Luxury goods giant LVMH LVMH.PA is the pride of France, but the government nevertheless understands the anger expressed by LVMH boss Bernard Arnault regarding French taxes, said a government spoke...Reuters
Wed, Jan 29
Honda to recall over 290,000 US vehicles on engine issue, NHTSA says
Adds details on affected models and software error in paragraphs 2-4Jan 29 (Reuters) - Honda 7267.T will recall 294,612 vehicles in the U.S. to fix an issue that may cause engines to stall or suffer a loss of power, the National Highway Traffic Safety Administration said on Wednesday.The recall affe...Reuters
Wed, Jan 29
Riverview Bancorp Inc expected to post earnings of 4 cents a share - Earnings Preview
Riverview Bancorp Inc RVSB.OQ RVSB.O is expected to show a rise in quarterly revenue when it reports results on January 31 (estimated) for the period ending December 31 2024The Vancouver Washington Washington-based company is expected to report a 1.8% increase in revenue to $12.6 million from $12....Reuters
Wed, Jan 29
