News
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Ziff Davis to sell connectivity division to Accenture for $1.2 billion
March 3 (Reuters) - Ziff Davis ZD.O said on Tuesday it has agreed to sell its Connectivity division — the unit behind brands such as Ookla, Speedtest and Downdetector — to Accenture ACN.N for $1.2 billion in cash.Reuters
7 minutes ago
Morning News Call - Canada, March 3
To access a PDF version of this newsletter, please click hereYou can read Morning News Call Canada via TOPNEWS Canada page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageCOMPANIES REPORTING RESULTS0830...Reuters
8 minutes ago
Thales flags improving profitability after defence and avionics boost earnings
PARIS, March 3 (Reuters) - French aerospace and technology company Thales TCFP.PA reported slightly higher than expected annual core profit on Tuesday and predicted higher profit margins for this year.Europe's largest defence technology group said last year's performance was led by its main ...Reuters
11 minutes ago
Recruitment poses main problem for German armed forces, says commissioner
BERLIN, March 3 (Reuters) - Recruitment is the biggest problem facing Germany's armed forces and Berlin will have to reinstate conscription if a voluntary scheme fails to attract sufficient people, the Parliamentary Commissioner for the Armed Forces said on Tuesday. Facing perceived threats from...Reuters
14 minutes ago
EVgo beats Q4 revenue estimates on robust charging network expansion
OverviewEV charging provider's Q4 revenue rose 75% yr/yr, beating analyst expectationsCompany achieved positive adjusted EBITDA for Q4 and full year 2025Added over 500 new operational stalls in Q4, total stalls up 25% yr/yrOutlookEVgo expects 2026 revenue between $410 mln and $470 mlnCompany pro...Reuters
18 minutes ago
Advantage Solutions Q4 revenue rises on experiential services strength
OverviewBusiness solutions provider's Q4 revenue rose 4.5% yr/yrAdjusted EBITDA for Q4 declined 7.3% yr/yrCompany completed non-core asset divestitures, boosting cash holdingsOutlookAdvantage Solutions expects 2026 revenue growth to be flat to up low single digitsCompany projects 2026 adjusted E...Reuters
19 minutes ago
Soccer-World Cup ticket frenzy unfolds amid global unrest
FIFA's ticket sales oversubscribed over 30 times in two phasesGlobal unrest impacts fan travel plans for World CupTicket prices deter fans, resale market exacerbates costsBy Frank Pingue and Rohith Nair March 3 (Reuters) - With 100 days to go until the tournament kicks off, appetite for tick...Reuters
20 minutes ago
ADVISORY-Alerts wrongly coded to South Korea's ISC Co withdrawn
Alerts on Information Services Corp ISC.TO reaching an agreement with Saskatchewan Government & General Employees' Union were inadvertently tagged to South Korea-based ISC Co 095340.KQ, an unrelated company, and have been withdrawn.For the correctly coded alerts, click nFWN3ZR0PRSTORY_NUMBE...Reuters
20 minutes ago
African drugmaker Aspen reports 21% earnings decline due to one-off costs
By Nqobile DludlaJOHANNESBURG, March 3 (Reuters) - South Africa's Aspen Pharmacare APNJ.J on Tuesday reported a 21% fall in normalised earnings, citing one-off restructuring costs of 695 million rand ($42.48 million) incurred in its local and French sterile manufacturing facilities.Normalised he...Reuters
21 minutes ago
Viking Holdings Q4 revenue beats estimates, helped by fleet expansion
OverviewCruise operator's Q4 revenue rose 27.8%, beating analyst expectationsAdjusted EBITDA for Q4 increased 51.3%, beating analyst expectationsCompany expanded fleet with six river vessels and two ocean shipsOutlookFor Core Products, Viking Holdings expects a 7% increase in operating capacity ...Reuters
21 minutes ago
Indonesia's Pertamina says its vessels stuck in Strait of Hormuz safe amid ongoing war
JAKARTA, March 3 (Reuters) - A spokesperson with Indonesian state energy firm Pertamina said on Tuesday that two company vessels stuck in the Strait of Hormuz amid the ongoing war in the Middle East are safe, and authorities are treating the safety of its crew members and assets as a priority.Reuters
22 minutes ago
Passage Bio's 2025 net loss narrows
OverviewGenetic medicines firm's net loss for 2025 was $45.5 mln, smaller than $64.8 mln loss in 2024Company advancing upliFT-D study for frontotemporal dementiaCash runway expected through Q1 2027OutlookPassage Bio expects interim safety data from upliFT-D study in 1H 2026Company aims to declar...Reuters
22 minutes ago
Scholar Rock Q4 net loss widens; secures new debt facility
OverviewBiopharmaceutical firm's Q4 2025 net loss widened to $91 mln, no revenue recordedCompany secured up to $550 mln in non-dilutive capital for apitegromab commercializationApitegromab U.S. and European launches expected in 2026, pending regulatory approvalsOutlookScholar Rock expects U.S. l...Reuters
22 minutes ago
Netlist Q4 net sales rise 121% driven by product and IP initiatives
OverviewMemory solutions provider's Q4 net sales rose 121% yr/yrQ4 net loss improved by 82% compared to last yearGross profit for Q4 increased 2,620% yr/yrOutlookCompany did not provide specific financial guidance for future periodsResult DriversPRODUCT AND IP INITIATIVES - Co attributed improve...Reuters
22 minutes ago
Target's new CEO signals turnaround with upbeat outlook
March 3 (Reuters) - Target's TGT.O new CEO Michael Fiddelke promised a return to annual sales growth and issued an upbeat profit outlook, signalling a turnaround push at the embattled retailer.Shares of the Minneapolis-based retailer were up 5.5% in trading before the bell. They have fallen for ...Reuters
23 minutes ago
Best Buy Q4 EPS beats estimates on international market boost; hikes dividend
OverviewConsumer electronics retailer's Q4 revenue slightly missed analyst expectationsAdjusted EPS for Q4 beat analyst expectationsCompany increased quarterly dividend by 1% to $0.96 per shareOutlookBest Buy expects FY27 revenue between $41.2 bln and $42.1 blnCompany anticipates FY27 adjusted d...Reuters
23 minutes ago
Amylyx Pharmaceuticals Q4 net loss beats estimates
OverviewPharmaceutical firm's Q4 loss per share beat analyst expectationsNet loss for Q4 beat analyst estimatesCompany expects cash runway to fund operations through 2028OutlookCompany expects topline data from Phase 3 LUCIDITY trial in Q3 2026Amylyx plans potential commercialization of avexitid...Reuters
24 minutes ago
908 Devices Q4 revenue beats on FTIR product strength
OverviewChemical analysis toolmaker's Q4 revenue rose 21%, beating analyst expectationsNet income for Q4 beat analyst expectationsCompany achieved positive adjusted EBITDA in Q4Outlook908 Devices expects 2026 revenue between $64.5 mln and $67.5 mln, up 15%-20% from 2025Result DriversFTIR PRODUCT...Reuters
24 minutes ago
