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Abbvie sues US health agency over Botox
Feb 11 (Reuters) - Abbvie ABBV.N sued the U.S. Department of Health and Human Services on Wednesday, challenging a decision by the Centers for Medicare & Medicaid Services to select Botox for prescription drug price controls established by the federal Inflation Reduction Act of 2022.The lawsuit ...Reuters
12 minutes ago
Supreme Court lawyer Tom Goldstein takes stand at his criminal tax trial
By Mike Scarcella WASHINGTON, Feb 11 (Reuters) - Former longtime U.S. Supreme Court lawyer Tom Goldstein testified in his own defense at his criminal tax trial on Wednesday, saying he never willfully broke the law while maintaining a side career playing multimillion-dollar poker games.Answering q...Reuters
13 minutes ago
Canada's Great-West Lifeco Q4 base earnings rises, dividend up 10%
OverviewCanada financial services firm's Q4 base earnings rose 12% yr/yrNet earnings for Q4 decreased 6% compared to Q4 2024Company increased quarterly dividend by 10% and repurchased C$1.6 bln shares in 2025OutlookGreat-West Lifeco expects positive net plan flows in Empower Retirement for 2026C...Reuters
13 minutes ago
Canada's Killam Apartment REIT's Q4 same property revenue rises
OverviewCanada real estate trust's Q4 same property revenue rose 4.1% yr/yrFFO per unit for Q4 increased 3.4% from Q4 2024Reported Q4 net loss of C$147.5 mln due to deferred tax recovery absenceOutlookKillam expects FFO growth in 2026 from The Carrick, completed in July 2025Company anticipates F...Reuters
14 minutes ago
NewMarket Q4 revenue declines
OverviewPetroleum additives firm Q4 revenue fell, impacted by lower sales and higher tax ratesSpecialty materials segment Q4 sales and profit rose, driven by acquisitionsCompany reduced long-term debt by $87.9 mln in 2025OutlookNewMarket anticipates continued solid results from petroleum additives d...Reuters
14 minutes ago
Canada's Russel Metals Q4 revenue misses expectations
OverviewCanada metals distributor's Q4 revenue missed analyst expectationsQ4 EBITDA rose 12% yr/yr to C$69 mlnCompany completed Kloeckner acquisition, boosting U.S. revenue contributionOutlookRussel Metals expects improved margins in Q1 2026 due to rising steel pricesCompany anticipates seasonal...Reuters
14 minutes ago
Canada's Manulife posts lower quarterly profit on North America weakness
Feb 11 (Reuters) - Manulife Financial MFC.TO reported lower fourth-quarter profit on Wednesday, hurt by weakness in its Canada and U.S. units. Net income attributable to shareholders was C$1.50 billion ($1.11 billion),/ or 83 Canadian cents per share, in the three months ended December 31, compared ...Reuters
15 minutes ago
Grab Holdings forecasts annual revenue below estimates
Feb 11 (Reuters) - Singapore's Grab GRAB.O forecast fiscal 2026 revenue below Wall Street expectations on Wednesday, signaling slower momentum in the tech firm's core businesses of ride hailing and deliveries as consumers grapple with economic uncertainty. The company expects annual revenue ...Reuters
15 minutes ago
Sun Life's quarterly profit rises on strong Asia unit performance
Feb 11 (Reuters) - Canada's Sun Life Financial SLF.TO reported a jump in fourth-quarter profit on Wednesday, driven by strong growth in its Asia unit and solid performance in its wealth management division.The country's second-largest life insurer posted net income of C$722 million ($532 mil...Reuters
18 minutes ago
Fed's Hammack reiterates preference to hold rates steady
NEW YORK, Feb 11 (Reuters) - Federal Reserve Bank of Cleveland President Beth Hammack reiterated on Wednesday that she believes now is not the time to change the setting of monetary policy.“I think we're supposed to stay on hold right here, we're supposed to wait and see,” Hammack said in an...Reuters
19 minutes ago
Olympics-Figure skating-France duo Fournier Beaudry and Cizeron capture Olympic ice dance gold
By Lori EwingMILAN, Feb 11 (Reuters) - France's Laurence Fournier Beaudry and Guillaume Cizeron won the ice dance gold medal at the Milano Cortina Olympics on Wednesday with a total score of 225.82 points.Three-times world champions Madison Chock and Evan Bates of the United States finished seco...Reuters
20 minutes ago
Olympics-Snowboard-Australia's James storms into halfpipe final in bid for first gold
James leads with high score of 94 in halfpipe qualifiersDefending champion Hirano and teammates advance to finalsGold would make James Australia's most decorated Winter OlympianBy Lisa Richwine LIVIGNO, Italy, Feb 11 (Reuters) - Scotty James, the Australian snowboarder bidding to finally win ...Reuters
21 minutes ago
Lender Banco do Brasil sees 2026 adjusted profit between $4.3 billion and $5 billion
SAO PAULO, Feb 11 (Reuters) - Brazilian state-run lender Banco do Brasil BBAS3.SA expects its adjusted net profit this year to reach between 22 billion reais and 26 billion reais ($4.3 billion-$5 billion), it said on Wednesday, covering the average estimate of 24.39 billion reais in a LSEG poll.Banc...Reuters
25 minutes ago
International Flavors & Fragrances forecasts full-year earnings in line with expectations
Feb 11 (Reuters) - International Flavors & Fragrances IFF.N forecast annual revenue and profit that largely met Wall Street expectations, as the company battles with a soft retail demand.Softer trends in beauty and some food categories have led retailers to keep leaner inventories, prompting IFF...Reuters
27 minutes ago
Anterix Q3 net loss comes above expectations
OverviewPrivate wireless broadband firm's fiscal Q3 net loss comes above analyst expectations FCC vote to expand 900 MHz broadband allocation expected to enhance capabilitiesOutlookAnterix expects $80 mln of contracted proceeds in Q4 fiscal 2026FCC vote to expand 900 MHz broadband allocation exp...Reuters
28 minutes ago
MSA Safety slightly beats Q4 revenue expectations
OverviewSafety equipment provider's Q4 revenue slightly beat analyst expectations, adjusted EPS beat estimatesCompany returned $61 mln to shareholders via share repurchases and dividendsQ4 net sales rose 2% yr/yr despite a 3% organic decreaseOutlookMSA Safety expects mid-single digit organic sal...Reuters
30 minutes ago
Pilgrim's Pride Q4 sales rise 3.3%, beat estimates
OverviewFood company Pilgrim's Pride Q4 sales rose 3.3%, beating analysts' expectationsAdjusted EBITDA beat analyst estimates, despite a 21% dropGAAP EPS for Q4 fell 62.6% yr/yrOutlookPilgrim's Pride focuses on expanding branded offerings and geographic footprint in MexicoCompany emphasi...Reuters
30 minutes ago
Darling Ingredients Q4 revenue beats expectations
OverviewAnimal by-products processor's Q4 revenue rose, beating analyst expectationsNet income for Q4 decreased due to restructuring and asset impairment chargesCompany monetized $255 mln of Production Tax Credit sales, enhancing cash generationOutlookDarling Ingredients estimates Q1 2026 core i...Reuters
30 minutes ago
Aurora Innovation Expects To Achieve Positive Free Cash Flow In 2028 With Current Liquidity
Feb 11 (Reuters) - Aurora Innovation Inc AUR.O:AURORA INNOVATION: EXPECTS TO HAVE MORE THAN 200 DRIVERLESS TRUCKS IN OPERATION BY END OF 2026AURORA INNOVATION: EXPECTS TO ACHIEVE POSITIVE FREE CASH FLOW IN 2028 WITH CURRENT LIQUIDITYAURORA INNOVATION: PREPARING TO LAUNCH HARDWARE KIT ON INTERNATIONA...Reuters
30 minutes ago
