News
Important Only
Apple must pay Optis $502 million lump sum in UK patent dispute, court rules
LONDON, May 1 (Reuters) - Apple AAPL.O must pay a U.S. patent holder $502 million for the use of 4G patents in devices including iPhones and iPads, London's Court of Appeal ruled on Thursday, in the latest stage of a long-running legal battle.Texas-based Optis Cellular Technology LLC sued Apple ...Reuters
Thu, May 1
PRESS DIGEST-Canada - May 1
May 1 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL-U.S. President Donald Trump on Wednesday called Canadian Prime Minister Mark Carney a "very nice gentleman" a...Reuters
Thu, May 1
Iron Mountain lifts forecast as AI boom fuels demand for data center leases
May 1 (Reuters) - Real estate investment trust Iron Mountain IRM.N raised its annual earnings forecast on Thursday, betting on surging demand for its data center leases from businesses looking to adopt artificial intelligence technologies.Rival Equinix EQIX.O, one of the largest data center REIT...Reuters
Thu, May 1
Kellanova misses sales estimate as spending in US slows
May 1 (Reuters) - Pringles maker Kellanova K.N missed market expectations for first-quarter net sales on Thursday, as consumer spending weakened in the company's biggest market due to inflation.President Donald Trump's sweeping trade policy, which is expected to raise prices for Americans, h...Reuters
Thu, May 1
Fintech firm Broadridge's profit jumps on investor communications unit strength
May 1 (Reuters) - Fintech firm Broadridge Financial BR.N reported a 14% jump in third-quarter profit on Thursday, helped by strong growth in its investor communications unit.The Lake Success, New York-based company, Broadridge, reported strong earnings due to increased demand for handling investor c...Reuters
Thu, May 1
Third Point owns stake in U.S. Steel, see opportunities in credit, letter says
NEW YORK, May 1 (Reuters) - Hedge fund Third Point owns a "meaningful" stake in U.S. Steel and expects a planned takeover deal to move ahead, and also sees opportunities in the credit markets as investors adjust to policies imposed by the Trump administration.Billionaire investor Daniel Loeb...Reuters
Thu, May 1
Shipbuilder Huntington Ingalls' quarterly earnings fall on slowing volume
May 1 (Reuters) - U.S. military shipbuilder Huntington Ingalls HII.N reported a fall in first-quarter profit and revenue, weighed down in part by a continued slowdown at its facility that makes aircraft carriers for the Navy.Though demand for submarines and aircraft carriers has remained strong, fue...Reuters
Thu, May 1
Leonardo DRS Q1 Net Income USD 50 Million
May 1 (Reuters) - Leonardo DRS Inc DRS.O:LEONARDO DRS Q1 NET INCOME USD 50 MILLIONLEONARDO DRS Q1 ADJUSTED EBITDA MARGIN 10.3%LEONARDO DRS Q1 ADJUSTED NET INCOME USD 54 MILLION VERSUS. IBES ESTIMATE USD 43.8 MILLIONLEONARDO DRS Q1 REVENUE USD 799 MILLION VERSUS. IBES ESTIMATE USD 736.7 MILLIONLEONAR...Reuters
Thu, May 1
Baxter tops quarterly estimates on strong demand for medical devices
May 1 (Reuters) - Medical products maker Baxter International BAX.N on Thursday beat Wall Street estimates for first-quarter revenue and profit, helped by the robust demand for its intravenous (IV) solutions and patient-monitoring systems. Shares of the Deerfield, Illinois-based company r...Reuters
Thu, May 1
Laureate Education Posts Basic And Diluted Loss Per Share $0.13 In Q1 2025 - SEC Filing
May 1 (Reuters) - Laureate Education Inc LAUR.O:LAUREATE EDUCATION INC - BASIC AND DILUTED LOSS PER SHARE $0.13 IN Q1 2025 - SEC FILINGLAUREATE EDUCATION INC - REVENUES DECREASED TO $236.16 MILLION IN Q1 2025 - SEC FILINGSource text: [ID:n0001628280-25-021318]Reuters
Thu, May 1
Arvinas To Reduce Workforce By Approximately 33% - SEC Filing
May 1 (Reuters) - Arvinas Inc ARVN.O:ARVINAS INC - TO REDUCE WORKFORCE BY APPROXIMATELY 33% - SEC FILINGARVINAS INC - EXPECTS $10 MILLION COSTS FOR WORKFORCE REDUCTION - SEC FILINGARVINAS INC: CO, PFIZER, INC., REMOVED TWO PLANNED PHASE 3 COMBINATION TRIALS OF VEPDEGESTRANT FROM THE AGREED-UPON JOIN...Reuters
Thu, May 1
Garrett Motion Reports First Quarter 2025 Financial Results
May 1 (Reuters) - Garrett Motion Inc G02.F:GARRETT MOTION Q1 GROSS PROFIT USD 179 MILLIONGARRETT MOTION Q1 SALES USD 878 MILLIONGARRETT MOTION Q1 ADJUSTED EBITDA USD 159 MILLIONGARRETT MOTION Q1 ADJUSTED EBITDA MARGIN 18.1%GARRETT MOTION Q1 PRETAX PROFIT USD 85 MILLIONGARRETT MOTION Q1 NET INCOME US...Reuters
Thu, May 1
LiveWire Group Q1 Net Loss $19.3 Million
May 1 (Reuters) - LiveWire Group Inc LVWR.N:LIVEWIRE GROUP Q1 NET LOSS $19.3 MILLIONLIVEWIRE GROUP: DUE TO MARKET VOLATILITY AND MACROECONOMIC CONDITIONS, WITHDRAWS PREVIOUSLY ISSUED UNITS GUIDANCELIVEWIRE GROUP: TARGETING 2025 OPERATING LOSS BELOW $60 MILLIONSource text: [ID:n0001898795-25-000098]Reuters
Thu, May 1
Harley-Davidson Says Withdrawing Our Full Year 2025 Financial Outlook From February 5, 2025
May 1 (Reuters) - Harley-Davidson Inc HOG.N:HARLEY-DAVIDSON INC: WITHDRAWING OUR FULL YEAR 2025 FINANCIAL OUTLOOK FROM FEBRUARY 5, 2025.HARLEY-DAVIDSON INC: DUE TO GLOBAL TARIFF SITUATION & MACROECONOMIC CONDITIONS WITHDRAWING FY25 FINANCIAL OUTLOOK FROM FEB 5, 2025HARLEY-DAVIDSON INC: RETAIL S...Reuters
Thu, May 1
Smurfit Westrock CEO: U.S. orders steadying after 'a lot of weakness' in March, early April
May 1 (Reuters) - Smurfit Westrock PLC SWR.L, SW.N analyst call:SMURFIT WESTROCK CEO - WE DID SEE A LOT OF WEAKNESS IN MARCH AND FIRST TWO WEEKS OF APRIL, ORDER BOOKS IMPROVED IN LATER APRIL (WHEN ASKED ABOUT U.S. MARKET)SMURFIT WESTROCK CEO - EUROPEAN MARKET CURRENTLY ON AN IMPROVING TRENDSMURFIT W...Reuters
Thu, May 1
