News
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McKesson boosts 2026 profit forecast amid specialty drug growth
By Bageshri Banerjee Feb 4 (Reuters) - McKesson Corporation MCK.N raised its fiscal 2026 profit forecast on Wednesday, betting on strong growth in its oncology and specialty drug distribution businesses.The largest pharmaceutical distributor in the U.S. also said it is on track to spin off its me...Reuters
Wed, Feb 4
Teva prevails in first U.S. jury trial over Paragard IUD injury claims
Teva faces over 3,800 lawsuits over Paragard IUD claimsTrial was the first bellwether to test the claimsTeva sold Paragard to CooperSurgical in 2017By Diana Novak JonesFeb 4 (Reuters) - A jury in Atlanta federal court has sided with Teva Pharmaceuticals in the first trial testing claims the company ...Reuters
Wed, Feb 4
Insurer Allstate's Q4 revenue beats expectations
OverviewInsurance provider's Q4 revenue rose 5.1%, beating analyst expectationsAdjusted EPS for Q4 beat analyst expectationsCompany announced $4 bln share repurchase programOutlookCompany did not provide specific guidance for future quarters or yearResult DriversPREMIUM REDUCTIONS - Co reduced p...Reuters
Wed, Feb 4
Illinois man admits to hacking Snapchat accounts to steal nude photos
By Nate Raymond BOSTON, Feb 4 (Reuters) - An Illinois man pleaded guilty on Wednesday to phishing the Snapchat access codes of nearly 600 women in order to hack their accounts and steal nude photos, which he kept, sold or traded on the internet.Kyle Svara, 26, pleaded guilty in federal court in ...Reuters
Wed, Feb 4
Ukraine, Russia wrap 'productive' first day of US-backed peace talks
Talks focus on territory, Zaporizhzhia nuclear plantRussia demands Ukraine withdraw from eastern DonetskMajority of Ukrainians oppose land concessions to RussiaBy Olena Harmash KYIV, Feb 4 (Reuters) - Ukrainian and Russian officials wrapped up a "productive" first day of new U.S.-brokere...Reuters
Wed, Feb 4
Nearly two dozen more prisoners freed in Venezuela, legal rights group says
Feb 4 (Reuters) - Twenty-two more prisoners have been released in Venezuela, the country's top legal rights group said on Wednesday, as liberations promised by the interim government slowly continue. Legal rights organization Foro Penal said earlier in the day that 350 people who it classes as p...Reuters
Wed, Feb 4
Core Laboratories Expects Q1 Rev Between $124 Mln To $130 Mln
Feb 4 (Reuters) - Core Laboratories Inc CLB.N:CORE LABORATORIES INC OUTLOOK Q1 REVENUE IS PROJECTED TO RANGE FROM $124 MILLION TO $130 MILLIONCORE LABORATORIES INC - REPORTS Q4 REVENUE OF $138.3 MILLION - SEC FILINGCORE LABORATORIES INC: Q4 EPS $0.15CORE LABORATORIES INC: WEATHER-RELATED DISRUPTIONS...Reuters
Wed, Feb 4
Ex-Fox News anchor, Democrats oppose Trump judicial nominee over arbitration support
By Nate Raymond Feb 4 (Reuters) - A conservative legal activist nominated for a federal judgeship on Wednesday defended her past testimony opposing a ban on mandatory arbitration for workplace sexual assault or harassment claims after former Fox News anchor Gretchen Carlson said her views made he...Reuters
Wed, Feb 4
Energy tech firm NOV's Q4 revenue beats estimates
OverviewEnergy technology firm's Q4 revenue rose 5% sequentially, beating analyst expectationsCompany posted Q4 net loss of $78 mln due to higher effective tax ratesCompany returned $505 mln to shareholders in 2025OutlookCompany expects Q1 2026 revenue to decline 1-3% year-over-yearCompany antic...Reuters
Wed, Feb 4
Oilfield services firm Core Laboratories' Q4 revenue rises
OverviewOilfield services firm's Q4 revenue rose 7% yr/yrCompany repurchased 363,207 shares for $5.7 mlnOutlookCore Laboratories projects Q1 2026 revenue between $124 mln and $130 mlnCompany expects Q1 2026 EPS to be $0.11 to $0.15Result DriversINTERNATIONAL DEMAND - Strong international demand ...Reuters
Wed, Feb 4
Trump has attacked pillars of democracy, says Human Rights Watch
Human Rights Watch releases annual World Report on human rights around the worldOrganization says Russia, China, US all less free than 20 years agoHRW cites Trump migration crackdown and other policiesWhite House says Trump has done more for human rights than HRWBy Daphne Psaledakis WASHINGTON, F...Reuters
Wed, Feb 4
FTC crackdown on law firm DEI efforts tests antitrust limits
FTC warnings signal new tactic as firms face scrutinyAntitrust law applied to labor markets in recent lawsuitsExperts say bar to sue may be highBy Mike Scarcella Feb 4 (Reuters) - The U.S. Federal Trade Commission took a fresh tack last week in the federal government's crackdown on diversity,...Reuters
Wed, Feb 4
Crop protection firm FMC's Q4 revenue misses estimates after Rynaxypyr price reduction
OverviewAgricultural sciences firm's Q4 revenue missed analyst expectations, declining 12% yr/yrAdjusted EPS for Q4 fell 33% yr/yr due to lower EBITDA and goodwill impairmentCompany to explore strategic options, including potential sale, to enhance shareholder valueOutlookFMC expects 2026 revenu...Reuters
Wed, Feb 4
Verizon Wireless sues T-Mobile, alleges false advertising
Verizon accuses T-Mobile of exaggerating savings claimsVerizon seeks triple damages, halt to challenged adsT-Mobile had no immediate commentBy Jonathan StempelNEW YORK, Feb 4 (Reuters) - Verizon Wireless VZ.N sued T-Mobile TMUS.O on Wednesday, accusing its largest rival of false advertising and caus...Reuters
Wed, Feb 4
Nike facing US probe over alleged discrimination against white workers
Agency alleges Nike refused to provide information on workforceNike says it is cooperating with agency's probeBy Daniel Wiessner Feb 4 (Reuters) - The U.S. agency that enforces laws banning workplace discrimination said in a court filing on Wednesday it is investigating Nike NKE.N for alleged...Reuters
Wed, Feb 4
EXCLUSIVE-Nvidia's AI chip sale to ByteDance hinges on conditions set by Trump administration
By Karen FreifeldFeb 4 (Reuters) - The Trump administration is willing to allow China's ByteDance to buy Nvidia's H200 chips, but the AI chipmaker has not agreed to proposed conditions for their use, according to a person familiar with the matter.The U.S. said it would approve the license ab...Reuters
Wed, Feb 4
Ralliant's Q4 revenue beats estimates
OverviewPrecision tech firm's Q4 revenue rose 1% yr/yr, beating analyst expectationsAdjusted EPS for Q4 beat analyst expectationsCompany recorded $1.4 bln goodwill impairment charge in Test & Measurement segmentOutlookRalliant expects Q1 2026 revenue between $508 mln and $522 mlnCompany fore...Reuters
Wed, Feb 4
Target's new CEO says retailer lost trust with shoppers and staff, Bloomberg News reports
Feb 4 (Reuters) - Target Corp's TGT.N new chief executive officer, Michael Fiddelke, told staff the big-box retailer has lost trust with shoppers and staff and pledged to rebuild that connection, Bloomberg News reported on Wednesday. "We weren't clear enough about who we are as a company...Reuters
Wed, Feb 4
Fed opts to keep bank capital buffers steady until 2027 as it mulls stress test tweaks
By Pete Schroeder WASHINGTON, Feb 4 (Reuters) - The U.S. Federal Reserve announced on Wednesday it would not adjust large bank capital levels during the 2026 stress testing cycle, as the central bank considers several changes to the annual exercise aimed at boosting transparency.Fed Vice Chair fo...Reuters
Wed, Feb 4
Regal Rexnord beats Q4 adjusted EPS estimates
OverviewMotion control firm's Q4 sales grew 4.3% yr/yr, slightly missing analyst expectationsAdjusted EPS for Q4 beat analyst expectations, rising 7.3% yr/yrCompany secured data center orders worth ~$735 mln, boosting E-Pod solution tractionOutlookRegal Rexnord projects 2026 GAAP EPS between $5....Reuters
Wed, Feb 4
