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Credit rating agency Moody's downgrades carmaker Stellantis to Baa3, with a stable outlook
Feb 10 (Reuters) - Stellantis NV STLAM.MI:MOODY'S RATINGS: DOWNGRADES STELLANTIS TO BAA3, OUTLOOK STABLEMoody's: downgrade of Stellantis' rating to Baa3 has been prompted by the company's preliminary 2025 results release, indicating a significant downward revision of profitability an...Reuters
6 minutes ago
Microchip Technology Announces Upsize And Pricing Of Offering Of $800 Million Of Convertible Senior Notes
Feb 10 (Reuters) - Microchip Technology Inc MCHP.O:MICROCHIP TECHNOLOGY ANNOUNCES UPSIZE AND PRICING OF OFFERING OF $800 MILLION OF CONVERTIBLE SENIOR NOTESMICROCHIP TECHNOLOGY - PRICES $800 MILLION CONVERTIBLE SENIOR NOTES DUE 2030MICROCHIP TECHNOLOGY - JWCA AGREES TO PURCHASE $25 MILLION OF SHARES...Reuters
7 minutes ago
Barclays raises FedEx PT on AI-fueled growth expectation
Barclays raises FedEx FDX.N price target on AI-fueled growth expectation ahead of co's investor day on Feb 12New PT at $450 from $360 earlier, representing a 23.4% upside on stock's last closeBrokerage says co's progress towards spinning off its freight business provides meaningful upsid...Reuters
8 minutes ago
Domino's India operator's profit jumps as festive season boosts orders
Feb 10 (Reuters) - India's Jubilant FoodWorks JUBI.NS, which operates Domino's Pizza and Dunkin' outlets in the country, reported a 65% jump in third‑quarter profit as strong festive‑season orders helped drive sales, pointing to a recovery in the sector.The company's profit rose to 7...Reuters
11 minutes ago
WhatsApp wins court backing to challenge $268 million Irish privacy fine
WhatsApp can directly challenge EU privacy watchdog, court saysEU ruling likely to pave the way for other companiesEU privacy enforcer had jacked up WhatsApp's Irish fineBy Foo Yun Chee and Padraic HalpinBRUSSELS/DUBLIN, Feb 10 (Reuters) - Meta Platforms' META.O WhatsApp on Tuesday won backi...Reuters
13 minutes ago
Aramark Q1 revenue, profit beat expectations
OverviewFood services provider's Q1 revenue grew 6%, beating analyst expectationsAdjusted EPS for Q1 beat analyst expectationsCompany repurchased $30 mln of stock and repriced $2.4 bln term loansOutlookAramark expects fiscal 2026 revenue between $19.55 bln and $19.95 blnCompany anticipates adjus...Reuters
14 minutes ago
Zimmer Biomet Q4 revenue slightly beats analyst expectations
OverviewMedical technology firm's Q4 revenue slightly beat analyst expectations, adjusted EPS beat estimatesCompany announced new $1.5 bln stock repurchase authorizationCompany received FDA clearance for upgraded robotic knee systemOutlookZimmer Biomet projects 2026 reported revenue growth of 2....Reuters
15 minutes ago
CVS Q4 revenue beats analyst expectations on prescription volumes
OverviewHealth solutions company's Q4 revenue rose 8.2%, beating analyst expectationsAdjusted EPS for Q4 beat analyst expectationsQ4 operating income fell 10.8% due to goodwill impairment and litigation costsOutlookCVS confirms 2026 GAAP diluted EPS guidance range of $5.94 to $6.14Company confir...Reuters
16 minutes ago
Hasbro Q4 revenue beats; plans $1 bln share repurchase
OverviewGames and toy company's Q4 revenue grew 31%, beating analyst expectationsAdjusted EPS for Q4 exceeded analyst expectationsCompany announced $1 bln share repurchase programOutlookHasbro expects 2026 revenue growth of 3%-5% in constant currencyCompany forecasts adjusted operating margin of...Reuters
16 minutes ago
Olympics-Alpine skiing-Johnson on course for golden 'double double' in team combined
Johnson and Shiffrin are world champions Shiffrin aims for first Olympic medal since 2018Italy's Goggia crashes outJohnson won downhill on SundayBy Alan Baldwin CORTINA D'AMPEZZO, Italy, Feb 10 (Reuters) - Downhill champion Breezy Johnson was heading for a golden "double double" a...Reuters
17 minutes ago
Quest Diagnostics Increases Dividend 7.5% To $0.86 Per Quarter, Marking 15 Consecutive Years Of Dividend Increases Announces $1 Billion Increase In Share Repurchase Authorization
Feb 10 (Reuters) - Quest Diagnostics Inc DGX.N:QUEST DIAGNOSTICS INCREASES DIVIDEND 7.5% TO $0.86 PER QUARTER, MARKING 15 CONSECUTIVE YEARS OF DIVIDEND INCREASES; ANNOUNCES $1 BILLION INCREASE IN SHARE REPURCHASE AUTHORIZATIONReuters
19 minutes ago
Garner Health Raises $118 Million To Close The Healthcare Quality And Cost Gap Reaches $1.35 Billion Valuation
Feb 10 (Reuters) - GARNER HEALTH RAISES $118 MILLION TO CLOSE THE HEALTHCARE QUALITY AND COST GAP; REACHES $1.35 BILLION VALUATIONGARNER HEALTH: FUNDING LED BY KLEINER PERKINS,PARTICIPATION FROM REDPOINT, MAVERICK, KAISER PERMANENTE VENTURES, MERCY, PLUS CAPITAL, OTHER INVESTORSFurther company cover...Reuters
20 minutes ago
Parsons Awarded $125M Contract To Support The U.S. Army Combat Capabilities Development Command Army Research Laboratory
Feb 10 (Reuters) - Parsons Corp PSN.N:PARSONS AWARDED $125M CONTRACT TO SUPPORT THE U.S. ARMY COMBAT CAPABILITIES DEVELOPMENT COMMAND ARMY RESEARCH LABORATORYPARSONS CORP - TO PROVIDE RESEARCH AND DEVELOPMENT SERVICES UNDER INITIATIVEReuters
22 minutes ago
Hasbro forecasts annual revenue below estimates amid economic uncertainty
Feb 10 (Reuters) - Hasbro HAS.O on Tuesday forecast annual revenue below Wall Street estimates, as the toy maker grapples with consumers pushing back on non-essential purchases, including toys, due to economic uncertainty. The Play-Doh maker, however, beat fourth-quarter revenue estimates as dem...Reuters
22 minutes ago
