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Estee Lauder Companies sues perfumer Jo Malone, Zara UK for using Malone name
Suit filed in UK court on WednesdayAlleges breach of contract, trademark infringement, passing offBy Angela Christy M and Ruchika Khanna March 12 (Reuters) - Cosmetics giant Estee Lauder Companies EL.N has filed a lawsuit against British entrepreneur Jo Malone, her fragrance brand "Jo Loves&#...Reuters
7 minutes ago
RPT-BREAKINGVIEWS-Bill Ackman sweetens IPO effort too elaborately
By Stephen GandelNEW YORK, March 11 (Reuters Breakingviews) - Third time's hardly a charm for Bill Ackman. The vocal hedge fund manager is back with another initial public offering, two years after he unsuccessfully tried to list a fund and four since folding his shell company. He now wants to r...Reuters
11 minutes ago
RPT-BREAKINGVIEWS-Janus Henderson bidding war: more is less
By Jonathan Guilford NEW YORK, March 11 (Reuters Breakingviews) - Like any money manager, Janus Henderson JHG.N considers itself a savvy judge of risk. It's now the decisive issue in a takeover battle for the firm. The board has rejected a $9 billion offer from smaller rival Victory Capital ...Reuters
11 minutes ago
French fuel distributors have agreed on price caps, says finance ministry
PARIS, March 12 (Reuters) - Some French fuel distributors have agreed on price caps and others have agreed to reduce the prices per litre by 10 to 30 euro cents, said the country's finance ministry on Thursday.The move comes as countries around the world try and mitigate the effect of the war in...Reuters
13 minutes ago
WRAPUP 6-Oil tankers burn as Iranian strikes defy Trump's claim to have won the war
Oil prices extend gains after tankers struck in Iraqi watersWar is causing largest oil supply disruption in history, says IEATrump says energy prices will come downBy Parisa Hafezi and Bo Erickson DUBAI/HEBRON, Kentucky, March 12 (Reuters) - Two tankers were ablaze in an Iraqi port on Thursda...Reuters
14 minutes ago
Canada's Ballard Power Q4 revenue beats on record annual engine shipments
OverviewCanada fuel cell maker's Q4 revenue grew 37% yr/yr, beating analyst expectationsGross margin improved to 17% in Q4, driven by cost reductions and restructuringAdjusted EBITDA loss narrowed in Q4, reflecting improved operational efficiencyOutlookBallard expects 2026 revenue to be back-hal...Reuters
27 minutes ago
EU urges US to view it as ally in tackling overcapacity, not source of problem
BRUSSELS, March 12 (Reuters) - The United States should view the European Union as a partner in the fight against manufacturing overcapacity rather than a cause of the problem, the European Commission said on Thursday after the U.S. administration launched investigations into unfair trade practices ...Reuters
28 minutes ago
Harvard Bioscience Q4 revenue falls 3%, reports net loss
OverviewUS life science tools maker's Q4 revenue declined yr/yr to $23.7 mlnCompany reported net loss of $2.8 mln compared to net income of $18,000 last year, due to higher other expensesMark Frost appointed CFO on permanent basis; 2026 guidance expects revenue growth from new productsOutlookHar...Reuters
29 minutes ago
Canada's Orion Digital Q4 revenue falls 4% yr/yr
OverviewCanada digital wealth platform's Q4 revenue fell 4% yr/yr, up 7% adjusted for exited unitsSubscription and services revenue made up 62% of total revenue in 2025Q4 adjusted EBITDA rose 5% yr/yrOutlookOrion Digital expects 2026 adjusted EBITDA between C$7.0 mln and C$8.0 mlnCompany sees co...Reuters
30 minutes ago
Car-Mart Inc's Q3 revenue misses estimates on volume decline
OverviewU.S. used car retailer's Q3 revenue fell 12% yr/yr, missing analyst expectationsAdjusted loss per share for Q3 was -$1.53Sales volumes declined 22% due to capital constraints, weather, and store consolidationsOutlookCompany expects cost savings from store consolidations to be reflected s...Reuters
32 minutes ago
Biglari Holdings acquired 3.4% stake in yacht maker Ferretti Group
MILAN, March 12 (Reuters) - U.S investment company Biglari Holdings BHa.N said on Thursday it had acquired a 3.4% stake in Ferretti Group YACHT.MI, as Czech investment group KKCG prepares to launch a partial tender offer on the Italian yacht maker.Biglari Holdings, founded by entrepreneur Sardar Big...Reuters
32 minutes ago
United Homes Group Q4 revenue falls
OverviewU.S. homebuilder's Q4 revenue fell 8% yr/yr as home closings declinedCompany's Q4 gross margin rose to 17.5% from 16.2% due to lower construction costsCompany agreed to be acquired by Stanley Martin Homes in deal expected to close Q2 2026OutlookCompany expects merger with Stanley Mar...Reuters
32 minutes ago
EXCLUSIVE-VW's Everllence sale is contingent on Porsche SE becoming co-investor, sources say
Porsche SE to co-invest 10% in Everllence saleSix financial investors advance in bidding for 51% stakePorsche SE seeks to diversify beyond car industryBy Christina Amann and Alexander Hübner MUNICH, March 12 (Reuters) - Volkswagen VOWG_p.DE will make the sale of a majority stake in its Everllence...Reuters
33 minutes ago
JPMorgan restricts lending to private credit firms, Bloomberg News reports
March 12 (Reuters) - JPMorgan Chase JPM.N has restricted lending to private credit providers after the bank marked down the value of certain loans in the firms' portfolios, Bloomberg News reported on Wednesday. The move from the largest U.S. lender extends a flurry of jitters across the rough...Reuters
37 minutes ago
Wonderful Raises $150 Mln Series B to Accelerate Enterprise AI Adoption in 30 Plus Markets
March 12 (Reuters) - Wonderful:WONDERFUL: RAISES $150M SERIES BWONDERFUL: FUNDING ROUND LED BY INSIGHT PARTNERS, PARTICIPATION FROM INDEX VENTURES, IVP, BESSEMER VENTURE PARTNERS & VINE VENTURESWONDERFUL: FUNDING ROUND VALUES CO AT $2 BILLIONReuters
40 minutes ago
GPGI Reports Fourth Quarter Results
March 12 (Reuters) - GPGI Inc GPGI.N:GPGI INC - FY2026 PRO FORMA ADJUSTED NET SALES GUIDANCE $2,183-$2,228 MILLIONGPGI INC - FY2026 PRO FORMA ADJUSTED EBITDA GUIDANCE $620-$650 MILLIONGPGI INC: Q4 ADJUSTED NET SALES $118 MILLIONGPGI INC: Q4 PRO FORMA ADJUSTED EBITDA $43 MILLIONReuters
41 minutes ago
RPT-Italy's ERG not involved in any merger talks - CEO
MILAN, March 12 (Reuters) - ERG ERG.MI is not involved in any discussions over mergers or business combinations, the energy company's Chief Executive Officer Paolo Merli told an analyst call on Wednesday, after reports over a potential tie-up with utility A2A A2.MI.Reuters
42 minutes ago
