News
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Clearwater Analytics to acquire Enfusion in $1.5 bln deal
Jan 13 (Reuters) - Clearwater Analytics CWAN.N has agreed to acquire investment management platform Enfusion ENFN.N in a $1.5 billion cash-and-stock deal, the companies said on Monday. (Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Anil D'Silva) ((ArasuKannagi.Basil@thomsonreuters.com;))Reuters
Mon, Jan 13
Lululemon raises sales, profit forecasts following robust holiday demand
Jan 13 (Reuters) - Lululemon Athletica LULU.O on Monday raised its fourth-quarter sales and profit targets as the sportswear maker benefited from strong demand for its apparel during the holiday shopping season. The company now expects quarterly net revenue in the range of $3.560 billion to $3.580 b...Reuters
Mon, Jan 13
UPDATE 4-Struggling Northvolt sells remaining stake in battery recycler to Hydro
Sells remaining shares of Hydrovolt for $6.79 millionHydro looking for new partners for the companyHydro not interested in buying Northvolt's other recycling businessNorthvolt in need of new cash as loan soon to run outAdds detail on Northvolt cash in paragraph 18, adds bullet pointBy Marie Mannes ...Reuters
Mon, Jan 13
J&J to buy Intra-Cellular Therapies for $14.6 billion
Jan 13 (Reuters) - Johnson & Johnson JNJ.N said on Monday it would buy drugmaker Intra-Cellular Therapies ITCI.O for $14.6 billion, boosting its presence in the market for neurological disorder treatments. (Reporting by Puyaan Singh and Bhanvi Satija in Bengaluru; Editing by Shilpi Majumdar) ((Pu...Reuters
Mon, Jan 13
UPDATE 3-UK and Mauritius say good progress made in Chagos Islands talks
Adds reaction from Chagos community in paragraphs 9-10 LONDON, Jan 13 (Reuters) - Britain and Mauritius said on Monday there had been good progress in talks to finalise a deal over sovereignty of the Chagos Islands, including a U.S.-British military base, with London hoping for sign-off before Do...Reuters
Mon, Jan 13
Some aircraft lessors are looking to set up own insurance, Air Lease says
DUBLIN, Jan 13 (Reuters) - Some aircraft lessors are looking at self-insurance to escape from major inflation in insurance rates that has followed the war in Ukraine and recent accidents, the executive chairman of Air Lease Corp AL.N said on Monday. "I expect that all rates will go up. Liability...Reuters
Mon, Jan 13
Tennis-No going home for Ukrainian Starodubtseva after Melbourne exit
By Lidia KellyMELBOURNE, Jan 13 (Reuters) - There was one solitary Ukrainian flag on display in the stands at the Australian Open when Yuliia Starodubtseva, the first of six women from the war-torn country playing singles this year, faced Leylah Fernandez on Sunday.It was quite a contrast to two yea...Reuters
Mon, Jan 13
BRIEF-Adjuvant Libtayo® (Cemiplimab) Significantly Improves Disease-Free Survival After Surgery In High-Risk Cutaneous Squamous Cell Carcinoma In Phase 3 Trial
Jan 13 (Reuters) - Regeneron Pharmaceuticals Inc REGN.O:ADJUVANT LIBTAYO® (CEMIPLIMAB) SIGNIFICANTLY IMPROVES DISEASE-FREE SURVIVAL (DFS) AFTER SURGERY IN HIGH-RISK CUTANEOUS SQUAMOUS CELL CARCINOMA (CSCC) IN PHASE 3 TRIALLIBTAYO SHOWS SIGNIFICANT BENEFIT IN HIGH-RISK CSCC ADJUVANT SETTINGPRIMARY EN...Reuters
Mon, Jan 13
BRIEF-Regeneron Pharmaceuticals Inc Investing $119.5 Million In Truveta's Series C Financing Round
Jan 13 (Reuters) - Regeneron Pharmaceuticals Inc REGN.O:INVESTING $119.5 MILLION IN TRUVETA'S SERIES C FINANCING ROUNDINVESTING $119.5 MILLION IN TRUVETA'S SERIES C FINANCING ROUNDRGC WILL HAVE EXCLUSIVE RIGHTS TO PERFORM ALL RESEARCH-RELATED SEQUENCING ON SAMPLES COLLECTED UNDER COLLABORATIONSource...Reuters
Mon, Jan 13
BRIEF-High Tide To Enter German Medical Cannabis Market Through Acquisition Of Purecan GmbH
Jan 13 (Reuters) - High Tide Inc HITI.V:HIGH TIDE TO ENTER GERMAN MEDICAL CANNABIS MARKET THROUGH ACQUISITION OF PURECAN GMBHTO ACQUIRE 51% OF PURECAN FOR €4.8 MILLIONSource text: ID:nCNWfL7X5aFurther company coverage: HITI.V ((Reuters.Briefs@thomsonreuters.com;))Reuters
Mon, Jan 13
BRIEF-Atkinsréalis And Mott Macdonald Appointed To Rolls-Royce Submarines Program
Jan 13 (Reuters) - Atkinsrealis Group Inc ATRL.TO:ATKINSRÉALIS AND MOTT MACDONALD APPOINTED TO ROLLS-ROYCE SUBMARINES PROGRAMTO PROVIDE NUCLEAR AND INFRASTRUCTURE EXPERTISE TO DELIVER CRITICAL NUCLEAR-POWERED SUBMARINE FACILITIES IN UKSource text: ID:nCNWKdYrlaFurther company coverage: ATRL.TO ((Reu...Reuters
Mon, Jan 13
BRIEF-Pediatrix Announces Strategic Initiatives For Enhanced Shareholder Value Creation
Jan 13 (Reuters) - Pediatrix Medical Group Inc MD.N:PEDIATRIX ANNOUNCES STRATEGIC INITIATIVES FOR ENHANCED SHAREHOLDER VALUE CREATIONMARK S. ORDAN APPOINTED AS CEO OF PEDIATRIXBELIEVES 2024 ADJUSTED EBITDA MAY EXCEED $215 MILLIONSource text: ID:nBw7HdThQaFurther company coverage: MD.N ((Reuters.Brie...Reuters
Mon, Jan 13
BRIEF-Normunity Closes $75 Million Series B Financing To Advance Lead Drug Program
Jan 13 (Reuters) - Pfizer Inc PFE.N:NORMUNITY CLOSES $75 MILLION SERIES B FINANCING TO ADVANCE LEAD DRUG PROGRAM INTO THE CLINIC AND BROADEN PIPELINE OF NOVEL ANTI-CANCER THERAPIES TARGETING UNTAPPED DRUG MECHANISMSFINANCING CO-LED BY SAMSARA BIOCAPITAL, ENAVATE SCIENCES, WITH PFIZER VENTURES AND RE...Reuters
Mon, Jan 13
Deals of the day-Mergers and acquisitions
Jan 13 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Monday:** Superannuation fund AustralianSuper said it has taken a 50% stake in a portfolio of European warehouses owned by Oxford Properties Group, valuing it at A$1.4 billion ($859.18 million). ...Reuters
Mon, Jan 13
AerCap CEO warns tariffs could hinder Boeing cash recovery
DUBLIN, Jan 13 (Reuters) - The head of the world’s largest aircraft leasing company, AerCap AER.N, said on Monday that potential new trade tariffs floated by U.S. President-elect Donald Trump could hit supply chains and hinder efforts by Boeing BA.N to generate much-needed cash.The biggest priority ...Reuters
Mon, Jan 13
Top lessor Air Lease says some aircraft manufacturer delays getting worse
DUBLIN, Jan 13 (Reuters) - Delays in deliveries from major aircraft manufacturers are in some cases getting worse, and estimates of delay time can not be trusted, Steven Udvar-Hazy, the executive chairman of Air Lease Corp AL.N said on Monday."Supply chain bottlenecks, OEM delays .. in some cases, a...Reuters
Mon, Jan 13
BRIEF-OpenAI Is Releasing A New Economic Blueprint That Lays Out Our Policy Proposals For Extending America’S Global Leadership In AI Innovation- Blog
Jan 13 (Reuters) - OPENAI SAYS IS RELEASING A NEW ECONOMIC BLUEPRINT THAT LAYS OUT OUR POLICY PROPOSALS FOR EXTENDING AMERICA’S GLOBAL LEADERSHIP IN AI INNOVATION- BLOGOPENAI SAYS CEO SAM ALTMAN WILL BE KICKING OFF THIS WORK WITH A GATHERING IN WASHINGTON DC ON JAN 30 TO PREVIEW THE STATE OF AI ADVA...Reuters
Mon, Jan 13
William Penn Bancorp expected to post a loss of 6 cents a share - Earnings Preview
William Penn Bancorp WMPN.OQ WMPN.O is expected to show a fall in quarterly revenue when it reports results on January 15 (estimated) for the period ending December 31 2024The Bristol Pennsylvania-based company is expected to report a 4.9% decrease in revenue to $4.79 million from $5.04 million a ...Reuters
Mon, Jan 13
BRIEF-Carvana Kicks Off Multi-Year Partnership With Rush Soccer As Front-Of-Kit Sponsor
Jan 13 (Reuters) - Carvana Co CVNA.N:CARVANA KICKS OFF MULTI-YEAR PARTNERSHIP WITH RUSH SOCCER AS FRONT-OF-KIT SPONSORSource text: ID:nBwc8jSbhaFurther company coverage: CVNA.N ((Reuters.Briefs@thomsonreuters.com;))Reuters
Mon, Jan 13
Plumas Bancorp expected to post earnings of $1.19 a share - Earnings Preview
Plumas Bancorp PLBC.OQ PLBC.O is expected to show a rise in quarterly revenue when it reports results on January 15 (estimated) for the period ending December 31 2024The Reno Nevada-based company is expected to report a 3.6% increase in revenue to $20.725 million from $20.01 million a year ago, ac...Reuters
Mon, Jan 13
