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Jana Partners Sends Open Letter To Shareholders Reporting Overwhelming Support For Significant Board Change At Lamb Weston
June 3 (Reuters) - Lamb Weston Holdings Inc LW.N:JANA PARTNERS SENDS OPEN LETTER TO SHAREHOLDERS REPORTING OVERWHELMING SUPPORT FOR SIGNIFICANT BOARD CHANGE AT LAMB WESTONReuters
Tue, Jun 3
Indonesia pledges to provide U.S. tariff preferences before June talks
JAKARTA, June 3 (Reuters) - Indonesia has committed to provide list of preferred tariffs on U.S. goods before Jakarta begins a second round of negotiations with Washington scheduled for June, senior economy minister said on Wednesday after meeting U.S. Trade Representative Jamieson Greer. Airlangga ...Reuters
Tue, Jun 3
Norfolk Southern chairman resigns, citing personal reasons
June 3 (Reuters) - U.S. railroad operator Norfolk Southern NSC.N said Chairman Claude Mongeau resigned from the company's board on Tuesday, citing personal reasons.Mongeau had been an independent director on Norfolk's board since 2019, and was appointed chairman in May last year. He had prev...Reuters
Tue, Jun 3
U.S. RESEARCH ROUNDUP-Biomea Fusion, GE Aerospace, P&G
June 3 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Biomea Fusion, GE Aerospace and P&G on Tuesday. HIGHLIGHTS* Biomea Fusion Inc BMEA.O: Piper Sandler assumes coverage with target price $7* CVS Health CVS.N: Barc...Reuters
Tue, Jun 3
CANADA RESEARCH ROUNDUP-Enbridge, Maple Leaf Foods, Parkland
June 3 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Enbridge, Maple Leaf Food and Parkland on Tuesday.HIGHLIGHTS * Enbridge Inc. ENB.TO: Barclays raises target price to C$65 from C$64* K-Bro Linen Inc KBL.TO: Acumen Capital raises t...Reuters
Tue, Jun 3
Chinese chip firm UniVista offers free product trial after US ban on chip design software
BEIJING, June 3 (Reuters) - UniVista, a Chinese supplier of electronic design automation (EDA) tools for semiconductors, is offering free trials for its key software to Chinese firms, the company said in a WeChat post on Tuesday.The move comes after the United States ordered a broad swathe of compan...Reuters
Tue, Jun 3
Lands End Inc expected to post a loss of 18 cents a share - Earnings Preview
Lands End Inc LE.OQ LE.O is expected to show a fall in quarterly revenue when it reports results on June 5 for the period ending April 30 2025The Dodgeville Wisconsin-based company is expected to report a 4.5% decrease in revenue to $272.6 million from $285.47 million a year ago, according to the ...Reuters
Tue, Jun 3
Duluth Holdings Inc expected to post a loss of 40 cents a share - Earnings Preview
Duluth Holdings Inc DLTH.OQ DLTH.O is expected to show a fall in quarterly revenue when it reports results on June 5 for the period ending April 30 2025The Mount Horeb Wisconsin-based company is expected to report a 8.7% decrease in revenue to $106.493 million from $116.68 million a year ago, acco...Reuters
Tue, Jun 3
Ciena Corp expected to post earnings of 52 cents a share - Earnings Preview
Ciena Corp CIEN.N, CIEN.K is expected to show a rise in quarterly revenue when it reports results on June 5 for the period ending April 30 2025The Hanover Maryland Maryland-based company is expected to report a 19.8% increase in revenue to $1.092 billion from $910.83 million a year ago, according ...Reuters
Tue, Jun 3
Virco Mfg Corp expected to post a loss of 13 cents a share - Earnings Preview
Virco Mfg Corp VIRC.OQ VIRC.O is expected to show a fall in quarterly revenue when it reports results on June 5 (estimated) for the period ending April 30 2025The Torrance California-based company is expected to report a 12.1% decrease in revenue to $41.1 million from $46.74 million a year ago, ac...Reuters
Tue, Jun 3
INSIGHT-Any Trump deal with Iran must tackle nuclear watchdog's blind spots
U.S. withdrawal prompted unravelling of 2015 nuclear accordAs atomic programme has accelerated, oversight has been erodedClosing gaps will be essential to any new deal's successIn some areas, it may be too late to recreate full pictureBy Francois Murphy and John Irish VIENNA, June 3 (Reuters)...Reuters
Tue, Jun 3
EU backs curbs on Chinese medical device firms in public tenders
BRUSSELS, June 2 (Reuters) - European Union governments have backed a proposal to limit Chinese medical device suppliers' participation in bids for public contracts, after finding EU companies were not given fair access to China's public tenders, EU diplomats said on Monday.The measures prop...Reuters
Tue, Jun 3
Americans slow to book summer travel amid discount hunting
Airlines face 10% drop in summer bookings despite lower faresHotel summer bookings flat year-over-yearDollar's weakness increases cost of overseas vacationsBy Doyinsola Oladipo and Aishwarya JainNEW YORK, June 3 (Reuters) - This year's hottest summer travel trend? Waiting for deals.Americans...Reuters
Tue, Jun 3
Oak Re adds Turner as head of exposure management
By Scott VincentJune 3 - (The Insurer) - Oak Re has continued its build-out with the addition of Jessica Turner as head of exposure management. Turner, most recently head of exposure management at MS Amlin, announced the move on her LinkedIn profile. She joins Oak Re after two years with MS Amlin,...Reuters
Tue, Jun 3
Cartier reports some customer data stolen in cyberattack
ZURICH, June 3 (Reuters) - Cartier, the luxury jewellery company owned by Richemont CFR.S had its website hacked and some client data stolen, it told customers according to an email seen by Reuters.The company, whose watches, necklaces and bracelets have been worn by Taylor Swift, Angelina Jolie and...Reuters
Tue, Jun 3
Victoria's Secret says cyber incident led to temporary website shut down
June 3 (Reuters) - Victoria's Secret VSCO.N on Tuesday disclosed that it detected a security incident relating to information technology systems, which led to the lingerie maker temporarily shutting down its website for roughly three days.The company said it temporarily shut down its corporate s...Reuters
Tue, Jun 3
ADVISORY-Alert incorrectly tagged to Voxel SA withdrawn
An alert on AI company Voxel raising $44 million in funding was incorrectly tagged to Poland-based Voxel SA VOXP.WA, an unrelated company and has been withdrawn. There will be no substitute.STORY_NUMBER:nTUAB1FCH2STORY_DATE:03/06/2025STORY_TIME:11:00 GMTReuters
Tue, Jun 3
