News
Important Only
Deals of the day-Mergers and acquisitions
Dec 22 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Monday: Trian Fund Management and General Catalyst have agreed to buy asset manager Janus Henderson in an all-cash deal worth $7.4 billion, the companies said.nL4N3XS0X0 Glob...Reuters
Mon, Dec 22
ANALYSIS-How AI boom is pressuring videogame console industry in race for memory chips
By Zaheer Kachwala Dec 22 (Reuters) - Videogame console sales were already under pressure owing to tariff turmoil and weak consumer spending. Now a surge in the prices of memory chips is threatening to make the devices costlier in what could be another blow to the industry.Demand for dynamic rand...Reuters
Mon, Dec 22
Mexico antitrust commission to revise Volaris-Viva Aerobus tie-up
MEXICO CITY, Dec 22 (Reuters) - Mexico's antitrust commission will revise a planned tie-up between low-cost airlines Viva Aerobus and Volaris VOLARA.MX, the country's President Claudia Sheinbaum said on Monday, adding she considered the deal good news for Mexico's airline sector."It ...Reuters
Mon, Dec 22
Union Pacific, Norfolk Southern merger faces pushback from signalmen's union
Dec 22 (Reuters) - A rail workers' union on Monday opposed Union Pacific's UNP.N proposed $85 billion acquisition of Norfolk Southern NSC.N, warning that the deal could undermine safety and impact the workforce.The Brotherhood of Railroad Signalmen (BRS), which represents about 3,000 members...Reuters
Mon, Dec 22
Turkey says Kurdish-led SDF does not intend to advance integration with Syrian state
ANKARA, Dec 22 (Reuters) - The Kurdish-led Syrian Democratic Forces in Syria appear to have no intention of honouring a commitment to integrate into the state's armed forces by a year-end deadline, Turkey's foreign minister said on Monday.Turkey views the U.S.-backed SDF, which controls swat...Reuters
Mon, Dec 22
China confirms talks between Wingtech, Nexperia BV, urges further negotiations
BEIJING, Dec 22 (Reuters) - China on Monday confirmed that Wingtech 600745.SS and Nexperia B.V. had held the first round of talks last week, with both sides agreeing to maintain communications, according to a statement released by China's commerce ministry.The ministry urged companies involved w...Reuters
Mon, Dec 22
Instacart ends AI-driven price experiments after criticism
By Jody Godoy Dec 22 (Reuters) - Instacart is ending price tests that resulted in different shoppers being shown different prices for groceries, the online retail platform said on Monday after criticism of its artificial intelligence-driven pricing tool. The company faced an outcry after...Reuters
Mon, Dec 22
CANADA RESEARCH ROUNDUP-Aritzia, Lundin Mining, Savaria
Dec 22 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Aritzia, Lundin Mining and Savaria, on Monday. HIGHLIGHTS Aritzia Inc ATZ.TO: TD Cowen raises target price to C$133 from C$110Lundin Mining Corp LUN.TO: Ventum Financial raises ...Reuters
Mon, Dec 22
PRESS DIGEST-Canada - December 22
Dec 22 (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 MAILData provider Information Services Corp ISC.TO has attracted a number of potential buyers, including at least three p...Reuters
Mon, Dec 22
EXCLUSIVE-China likely loaded more than 100 ICBMs in silo fields, Pentagon report says
Pentagon had reported new silo fields but not missile loadingDraft report says Beijing has no desire for arms control talksTrump says he aims to denuclearize with China and RussiaChina disputes reports of a military buildupBy Idrees Ali WASHINGTON, Dec 22 (Reuters) - China is likely to have loade...Reuters
Mon, Dec 22
FACTBOX-How US media firms stack up as Netflix and Paramount clash for Warner Bros
By Jaspreet Singh, Juby Babu and Kritika Lamba Dec 22 (Reuters) - Oracle ORCL.N co-founder Larry Ellison will provide a personal guarantee of $40.4 billion in equity financing to back Paramount Skydance's all-cash bid of $108.4 billion for Warner Bros Discovery, a regulatory filing showed...Reuters
Mon, Dec 22
U.S. RESEARCH ROUNDUP-Comerica, Heico, Walmart
Dec 22 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Comerica, Heico and Walmart, on Monday. HIGHLIGHTSComerica Inc CMA.N: KBW raises target price to $99 from $93Heico Corp HEI.N: Jefferies raises target price to ...Reuters
Mon, Dec 22
TC Transcontinental Renews Its Marketing Services Agreement With Metro For Three Years
Dec 22 (Reuters) - Transcontinental Inc TCLa.TO:TC TRANSCONTINENTAL RENEWS ITS MARKETING SERVICES AGREEMENT WITH METRO FOR THREE YEARS, INCLUDING THE DISTRIBUTION OF FLYERS IN RADDARFurther company coverage: [TCLa.TO]Reuters
Mon, Dec 22
SIFCO Industries Q4 net sales rise 5%, loss narrows
OverviewAerospace and energy component maker's Q4 net sales rose 5% yr/yrQ4 net loss from continuing operations narrowed compared to last yearAdjusted EBITDA for Q4 rose to $1.8 mln from $0.8 mln last yearOutlookCompany sees strong demand in military and commercial aerospace marketsSIFCO Industr...Reuters
Mon, Dec 22
Janus Henderson To Be Acquired By Trian Fund Management And General Catalyst For $7.4 Billion
Dec 22 (Reuters) - Janus Henderson Group PLC JHG.N:JANUS HENDERSON GROUP PLC TO BE ACQUIRED BY TRIAN FUND MANAGEMENT AND GENERAL CATALYST FOR $7.4 BILLIONJANUS HENDERSON GROUP PLC - SHAREHOLDERS TO RECEIVE $49.00 PER SHARE IN CASHJANUS HENDERSON GROUP PLC - TO REMAIN LED BY CEO ALI DIBADJReuters
Mon, Dec 22
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs
The Canadian dollar strengthened against the greenback on Monday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.3% higher at C$1.3762 to the greenback, or 72.66 U.S. cents, after trading in a range of 1.3755 to 1.3804.Canadian government 10-year bond yields CA10YT...Reuters
Mon, Dec 22
