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Morningstar lifts fair value estimate for Australia's Orora on volume outlook
Aug 15 (Reuters) - ** Analysts at Morningstar raise fair value estimate of Australia's Orora ORA.AX by 7% to A$3 on time value of money and minor upgrades to longer-term volume estimates** Glass bottles producer posted FY25 EBIT of A$262.1 mln ($170.21 mln), up 9.5% YoY, driven by contribution f...Reuters
Thu, Aug 14
USAID failed to monitor uses of Musk's Starlink terminals sent to Ukraine, says watchdog
WASHINGTON, Aug 14 (Reuters) - The U.S. Agency for International Development did not monitor the uses of 5,175 Starlink terminals sent to Ukraine, with nearly half of the operational units ending up in areas fully or partly held by Moscow, according to a report by the agency's internal watchdog....Reuters
Thu, Aug 14
'Big Short' investor Burry turned more bullish on second quarter
By Carolina Mandl NEW YORK, Aug 14 (Reuters) - Michael Burry's Scion Asset Management ended the first quarter more bullish on companies across different sectors and geographies, a securities filing showed on Thursday, after betting against Chinese companies previously as the Trump administrat...Reuters
Thu, Aug 14
US legal jobs are rising again, but gains are mixed
Legal sector jobs regained lost ground as big firms plowed aheadFlorida officials tap Boies Schiller for immigration fightsEversheds Sutherland posts double-digit revenue gainsBy David Thomas and Mike Scarcella Aug 14 (Reuters) - (Billable Hours is Reuters' weekly report on lawyers and money....Reuters
Thu, Aug 14
Banco do Brasil's adjusted net profit falls 60% in second quarter
SAO PAULO, Aug 14 (Reuters) - Brazilian state-run lender Banco do Brasil BBAS3.SA posted on Thursday a net adjusted profit of 3.8 billion reais ($702.4 million) for the second quarter, down 60.2% from a year earlier and below the 5 billion reais expected in an LSEG poll.The lender also said it expec...Reuters
Thu, Aug 14
Canada's Melcor Developments Q2 revenue jumps
OverviewMelcor Developments Ltd Q2 revenue up 43.7% driven by US land salesNet income down 68.9% due to deferred tax liabilities and transaction costsThe real estate development firm increases quarterly dividend to C$0.13 per shareOutlookAlberta-based Melcor plans to divest non-core assets to reduce...Reuters
Thu, Aug 14
US court reinstates $81 million award against Boeing in trade secrets case
By Blake Brittain Aug 14 (Reuters) - A U.S. appeals court on Thursday reinstated an $81 million award against Boeing BA.N in a lawsuit accusing it of stealing trade secrets from electric-aircraft startup Zunum Aero.The 9th U.S. Circuit Court of Appeals overturned a California judge's decision...Reuters
Thu, Aug 14
Vortex unveils new escalator rain coverage backed by Mitsui Sumitomo capacity
By Chris MunroAug 14 - (The Insurer) - Vortex Weather Insurance has added a new product to its suite of parametric rain coverages with its new escalator protection offering different payouts based on pre-agreed triggers decided upon by the buyer.Called RainSure, the product differs from Vortex’s exi...Reuters
Thu, Aug 14
Viking Global Investors Reports Share Stake In Block, Cuts in Visa
Aug 15 (Reuters) - Viking Global Investors LP: VIKING GLOBAL INVESTORS LP REPORTS SHARE STAKE OF 5.4 MILLION CLASS A SHARES IN BLOCK INCVIKING GLOBAL INVESTORS LP DISSOLVES SHARE STAKE IN INTERCONTINENTAL EXCHANGEVIKING GLOBAL INVESTORS LP CUTS SHARE STAKE IN VISA INC BY 23.7% TO 1.6 MILLION CLASS A...Reuters
Thu, Aug 14
New Fortress Energy Amends ULCA With Natixis And Lenders - SEC Filing
Aug 14 (Reuters) - New Fortress Energy Inc NFE.O:NEW FORTRESS ENERGY INC - AMENDS ULCA WITH NATIXIS AND LENDERS - SEC FILINGNEW FORTRESS ENERGY INC - UNDER AMENDMENT COMMITMENTS REDUCED FROM $195,000 TO $155,000 ON OCT 5, 2025 - SEC FILINGNEW FORTRESS ENERGY INC - NINTH AMENDMENT EXTENDS MATURITY DA...Reuters
Thu, Aug 14
Viking Global Investors Dissolves Share Stake In UnitedHealth, Netflix
Aug 15 (Reuters) - Viking Global Investors LP: VIKING GLOBAL INVESTORS LP REPORTS SHARE STAKE OF 1.9 MILLION SHARES IN ADVANCED MICRO DEVICES INCVIKING GLOBAL INVESTORS LP REPORTS SHARE STAKE OF 416,918 SHARES IN ELI LILLY & COVIKING GLOBAL INVESTORS LP RAISES SHARE STAKE IN JPMORGAN CHASE &...Reuters
Thu, Aug 14
Expand Energy CFO Mohit Singh Steps Down – SEC Filing
Aug 14 (Reuters) - Expand Energy Corp EXE.O:EXPAND ENERGY CORP - MOHIT SINGH DEPARTS AS CFO OF EXPAND ENERGY - SEC FILINGEXPAND ENERGY CORP - BRITTANY RAIFORD APPOINTED INTERIM CFO OF EXPAND ENERGY - SEC FILINGSource text: [ID:n0001104659-25-078776]Reuters
Thu, Aug 14
Massachusetts man sentenced to 26 months for threats to synagogues, Israel consulate
By Nate Raymond BOSTON, Aug 14 (Reuters) - A Massachusetts man was sentenced on Thursday to more than two years in prison after he threatened to bomb synagogues and kill Jewish children in a series of calls he placed to two local houses of worship and the Israeli consulate in Boston after Israel ...Reuters
Thu, Aug 14
Elliott Investment Management Raises Share Stake In Phillips 66, Takes in HPE
Aug 14 (Reuters) - Elliott Investment Management:ELLIOTT INVESTMENT MANAGEMENT L.P. DISSOLVES SHARE STAKE IN ARM HOLDINGS - SEC FILINGELLIOTT INVESTMENT MANAGEMENT L.P. RAISES SHARE STAKE IN PHILLIPS 66 BY 22.4% TO 19.3 MILLION SHARESELLIOTT INVESTMENT MANAGEMENT L.P. DISSOLVES SHARE STAKE IN TRANS...Reuters
Thu, Aug 14
ValueAct Holdings Cuts Share Stake In Meta, Disney and Raises in Rocket Companies
Aug 15 (Reuters) - VALUEACT HOLDINGS:VALUEACT HOLDINGS CUTS SHARE STAKE IN META BY 38.6% TO 623,000 CLASS A SHARES - SEC FILINGVALUEACT HOLDINGS CUTS SHARE STAKE IN DISNEY BY 22.5% TO 5.1 MILLION SHARESVALUEACT HOLDINGS RAISES SHARE STAKE IN ROCKET COMPANIES BY 124.8% TO 15.1 MILLION CLASS A SHARESV...Reuters
Thu, Aug 14
Viking Global Investors LP Dissolves Share Stake In Microsoft, Cuts In Meta, Boeing
Aug 15 (Reuters) - Viking Global Investors LP:VIKING GLOBAL INVESTORS LP DISSOLVES SHARE STAKE IN MICROSOFTVIKING GLOBAL INVESTORS LP CUTS SHARE STAKE IN META PLATFORMS INC BY 81.9% TO 265,499 CLASS A SHARESVIKING GLOBAL INVESTORS LP RAISES SHARE STAKE IN TESLA INC TO 1.1 MILLION SHARESVIKING GLOBAL...Reuters
Thu, Aug 14
Health Rounds: Blood test finds early ovarian cancer
By Nancy LapidAug 14 (Reuters) - Hello Health Rounds readers! Today we feature news of an experimental blood test that may finally allow for easy detection of ovarian cancer before it spreads in the body. We also share findings that might eventually help stave off cognitive decline, as well as resul...Reuters
Thu, Aug 14
Fidelis pulls back from 'challenged' aviation sector as CEO Burrows cites inadequate market conditions
By Mia MacGregorAug 14 - (The Insurer) - Fidelis Insurance Holdings is pulling back from the aviation sector after group CEO Daniel Burrows called it "the most challenged part of our portfolio" during the company's second-quarter 2025 earnings call on August 14."We see aviation as th...Reuters
Thu, Aug 14
AM Best: Global reinsurance now has 'more-durable market structure' amid strong capital, profits
By Keira WingateAug 14 - (The Insurer) - AM Best has reaffirmed its outlook on the global reinsurance sector, citing robust capitalization, sustained underwriting profitability and a surge in investment income, even as (re)insurers navigate heightened natural catastrophe losses, social inflation and...Reuters
Thu, Aug 14
