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Sony third-quarter profit rises 22%, beats analyst estimates
TOKYO, Feb 5 (Reuters) - Sony 6758.T on Thursday reported a 22% rise in third-quarter operating profit, beating analyst estimates.Profit reached 515 billion yen ($3.28 billion) for October-December. That compared with the 469 billion yen average of 10 analyst estimates compiled by LSEG. ($1 = 156.8...Reuters
Thu, Feb 5
Qualcomm, Arm bear brunt of memory shortage as smartphone chip sales disappoint
By Arsheeya Bajwa and Juby Babu Feb 4 (Reuters) - Memory shortages will constrain sales of cell phones for some time, hurting demand for chip industry companies like supplier Qualcomm QCOM.O and chip architecture designer Arm Holdings ARM.O, executives and analysts said on Wednesday as both compa...Reuters
Thu, Feb 5
New York City joins UN health network after Trump withdrew US from WHO
NYC Health Dept joins WHO's Global Outbreak Alert and Response NetworkGovernors of California, Illinois have said their states will join UN health network as wellTrump has withdrawn US from WHOBy Kanishka Singh WASHINGTON, Feb 4 (Reuters) - The New York City Health Department on Wednesday sai...Reuters
Thu, Feb 5
Trump backs MAGA prosecutor in race to fill Marjorie Taylor Greene's seat
Feb 4 (Reuters) - President Donald Trump on Wednesday endorsed a conservative local prosecutor in a Georgia special election to replace Marjorie Taylor Greene, who resigned from the U.S. House of Representatives amid an acrimonious split with the president.Trump said that he was throwing his support...Reuters
Thu, Feb 5
Hennessy Capital Investment Corp. VIII Announces Pricing Of Upsized $210 Million IPO
Feb 4 (Reuters) - HENNESSY CAPITAL INVESTMENT CORP. VIII ANNOUNCES PRICING OF UPSIZED $210,000,000 INITIAL PUBLIC OFFERINGHENNESSY CAPITAL INVESTMENT CORP VIII - PRICING OF ITS UPSIZED IPO OF 21 MILLION UNITS AT $10 PER UNITFurther company coverage: [ ]Reuters
Thu, Feb 5
Electrical equipment maker Forgent Power raises $1.51 billion in US IPO
Feb 4 (Reuters) - Electrical equipment maker Forgent Power Solutions FPS.N said on Wednesday it had raised $1.51 billion in its U.S. initial public offering.The Minnesota-headquartered company and some of its existing shareholders sold 56 million shares priced at $27 apiece in the IPO, compared with...Reuters
Thu, Feb 5
Japanese 30-year bond yields ease before auction as snap election looms
By Kevin Buckland TOKYO, Feb 5 (Reuters) - Japan's 30-year government bond yields ticked lower on Thursday ahead of an auction of the securities later in the day, even as a crucial election loomed on Sunday that would determine the outlook for the government's big fiscal stimulus plans.Th...Reuters
Thu, Feb 5
'Today' show co-host appeals to anyone who may be holding her mother to 'reach out'
Feb 4 (Reuters) - Popular U.S. morning news anchor Savannah Guthrie posted a video message on Wednesday addressing anyone who might be holding her elderly mother, who vanished from her Arizona home several days ago, pleading for them to open a line of communication."We need to know without a dou...Reuters
Thu, Feb 5
Nasdaq proposes 'fast entry' rule to speed up index inclusion of large new listings
By Pritam Biswas Feb 4 (Reuters) - Nasdaq NDAQ.O has proposed a new rule to speed up the addition of newly listed large companies to its index, seeking to address delays that have left major IPOs and exchange transfers outside the benchmark for months.The proposal comes in what is shaping up to b...Reuters
Thu, Feb 5
South Korea trade envoy says making 'good faith' efforts to meet terms of US deal
SEOUL, Feb 5 (Reuters) - South Korea's top trade envoy said on Thursday that Washington has yet to take an administrative step to impose higher tariffs on its goods and that he believes such action is not necessary as Seoul works to meet the terms of their trade deal. U.S. President Donald Trump...Reuters
Thu, Feb 5
Relations with US 'rock solid,' Taiwan president says after Trump-Xi call
TAIPEI, Feb 5 (Reuters) - Relations between Taiwan and the U.S. are "rock-solid" and cooperation programmes will continue and not change, Taiwan President Lai Ching-te said on Thursday after Chinese President Xi Jinping discussed the democratically governed island with President Donald Trump...Reuters
Thu, Feb 5
Trump declines to take sides between Vance, Rubio in 2028 successor debate
By Steve HollandWASHINGTON, Feb 4 (Reuters) - President Donald Trump on Wednesday declined to take sides in the debate over whether his vice president, JD Vance, or his secretary of state, Marco Rubio, would most likely be his successor in the 2028 Republican presidential campaign.Vance, a former Re...Reuters
Thu, Feb 5
REFILE-Essex Property misses quarterly profit, FFO estimates as growth slows
Feb 4 (Reuters) - Essex Property Trust ESS.N posted fourth-quarter profit and core funds from operations below Wall Street estimates on Wednesday, hurt by sluggish growth in Northern California and Seattle. The San Mateo, California-based real estate investment trust owns and manages over 62,000 apa...Reuters
Thu, Feb 5
