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Titan Machinery Q4 revenue falls on softening equipment demand
OverviewUS agricultural equipment dealer's fiscal Q4 revenue fell yr/yr but beat analyst expectationsGross margin improved to 13.5% as prior inventory impairments lapsedCompany achieved $206 mln inventory reduction in fiscal 2026, surpassing its targetOutlookTitan Machinery expects FY2027 agricu...
Reuters
5 minutes ago
Watchmaker Movado's Q4 net sales rise on wholesale strength
OverviewU.S. watch and jewelry maker's fiscal Q4 net sales grew 5.6% yr/yr to $191.6 mlnFiscal Q4 adjusted EPS rose 11.8% yr/yr to $0.57Company repurchased 208,000 shares during fiscal yr; no fiscal 2027 outlook issuedOutlookMovado has elected not to provide fiscal 2027 guidance due to economic ...
Reuters
6 minutes ago
Caleres Q4 sales beat estimates on e-commerce strength
OverviewU.S. footwear brand portfolio's Q4 sales rose 8.7%, beating analyst expectationsAdjusted EPS for Q4 was a loss, impacted by Stuart Weitzman integration costsCompany completed Stuart Weitzman integration with minimal business disruptionOutlookCaleres sees Q1 net sales up mid to high-singl...
Reuters
6 minutes ago
3M and Bain Capital to buy Madison Fire & Rescue for $1.95 billion
March 19 (Reuters) - 3M MMM.N and Bain Capital will buy Madison Fire & Rescue from privately held Madison Industries for $1.95 billion, the industrial giant said on Thursday.
Reuters
9 minutes ago
Paris appeals court rejects France's attempt to suspend Shein's marketplace
Paris appeals court upholds December court decisionFrance tried to suspend Shein after childlike sex dolls found on platformShein says it has banned sex dolls worldwide, taken steps to reinforce controls PARIS, March 19 (Reuters) - France's attempt to suspend Chinese online platform Shein'...
Reuters
9 minutes ago
Accenture Q2 revenue just beats estimates on record bookings, raises sales outlook
OverviewIT consulting firm's Q2 revenue slightly beat analyst expectations, rising 8% yr/yr to $18 blnAdjusted EPS for Q2 rose 4% yr/yr to $2.93Company reported record $22.1 bln in new bookings and raised full-yr revenue growth outlookOutlookAccenture expects full-year revenue growth of 3% to 5%...
Reuters
10 minutes ago
Ukraine peace talks are on pause amid Iran war, Kremlin says
Kremlin says peace talks on pause amid Iran war Talks on economy and investment with US to continue Kremlin says talks can resume when US can pay attention By Guy Faulconbridge and Dmitry AntonovMOSCOW, March 19 (Reuters) - The Kremlin said on Thursday that talks between Washington, Moscow and Kyiv ...
Reuters
12 minutes ago
Just Eat Takeaway.Com Announces Collaboration With Alexa+ In The UK
March 19 (Reuters) - Just Eat Takeaway.com:JUST EAT TAKEAWAY.COM: JUST EAT TAKEAWAY.COM IN THE UK ANNOUNCES IT’S COLLABORATING WITH ALEXA+
Reuters
12 minutes ago
Canada's WELL Health 2025 revenue rises 52% on acquisitions, organic growth
OverviewCanada digital healthcare firm's fiscal 2025 revenue rose 52% to record C$1.40 blnAdjusted EBITDA for fiscal 2025 jumped 336% to C$203.7 mln, margin improved to 14.5%Company guided 2026 revenue of C$1.55 bln to C$1.65 bln, adjusted EBITDA C$175 mln to C$185 mlnOutlookWELL Health sees 202...
Reuters
15 minutes ago
Lilly's next-gen obesity drug shows reduction in blood sugar levels in trial
March 19 (Reuters) - Eli Lilly LLY.N's next-generation obesity drug showed a reduction in blood sugar levels during a late-stage trial, the drugmaker said on Thursday, as it looks to widen its lead in the heavily contested market for GLP-1 drugs.Drug developers are racing to enter the highly com...
Reuters
16 minutes ago
Accenture forecasts quarterly revenue below estimates
March 19 (Reuters) - Accenture ACN.N forecast quarterly revenue below estimates on Thursday, as clients remain cautious on spending on large IT transformation projects amid an uncertain economic environment.The company expects fiscal third-quarter revenue between $18.35 billion and $19.00 billion, w...
Reuters
18 minutes ago
SNB vice chairman says private credit not major concern for Switzerland
ZURICH, March 19 (Reuters) - Private credit is something the Swiss National Bank is looking at very closely, but activities seem relatively low in Switzerland compared with other jurisdictions, SNB SNBN.S Vice Chairman Antoine Martin said on Thursday."From what we can tell at the moment, this is...
Reuters
18 minutes ago
Kolibri Global Energy 2025 revenue falls 3% as prices drop
OverviewNorth America oil and gas producer's 2025 production rose 15%, but net revenue fell 3%Adjusted EBITDA for 2025 decreased 4% due to lower prices and delayed well completionsNet income for 2025 declined amid lower average prices and higher operating expensesOutlookKolibri expects 2026 capi...
Reuters
20 minutes ago
China cracks down on fentanyl networks in move long sought by Washington
By Antoni Slodkowski BEIJING, March 19 (Reuters) - China has arrested seven people and subjected 12 more to "criminal compulsory measures" in a campaign targeting traffickers in fentanyl precursor chemicals, state media said on Thursday, a move long urged by the United States. For years W...
Reuters
21 minutes ago
NHTSA deepens probe into Tesla's driver-assistance system
March 19 (Reuters) - The U.S. auto safety regulator has deepened a probe into Tesla's driver-assistance system to evaluate its effectiveness in identifying degraded road conditions after nine crashes linked to the technology including one that was fatal. The probe covers roughly 3.2 million vehi...
Reuters
21 minutes ago
DarioHealth Q4 revenue beats estimates, net loss narrows on lower expenses
OverviewDigital health platform's Q4 revenue rose sequentially and beat analyst expectationsQ4 net loss and operating loss both narrowed and beat analyst expectationsCompany says full-year revenue decline due to loss of single legacy client, not demandOutlookCompany expects contracted ARR of $12...
Reuters
23 minutes ago
Swiss watch exports return to growth in February before Middle East conflict
March 19 (Reuters) - Watch exports from key producer Switzerland returned to growth in February driven by demand in the United States, Japan and France, data from the Federation of the Swiss Watch Industry (FH) showed on Thursday. Overall, Swiss watch exports came in at 2.2 billion francs ($2.77...
Reuters
24 minutes ago
DHL Group Unit Plans To Open 10 Warehouses Across North America To Provide Logistics Services To Hyperscalers And Their Suppliers - WSJ
March 19 (Reuters) - DHL GROUP UNIT PLANS TO OPEN 10 WAREHOUSES ACROSS NORTH AMERICA TO PROVIDE LOGISTICS SERVICES TO HYPERSCALERS AND THEIR SUPPLIERS - WSJSource text: https://tinyurl.com/36mvxfnfFurther company coverage: [DHLn.DE]
Reuters
28 minutes ago
Germany sets mid-April deadline for troubled fighter project with France
BERLIN, March 19 (Reuters) - The German government has set a mid-April deadline for reaching an agreement with France on the crisis-hit FCAS fighter programme, a government official said on Thursday. "Germany and France have agreed on a final attempt at mediation between the industries, to be c...
Reuters
40 minutes ago
Israel reopens key Gaza crossing amid new truce push
CAIRO, March 19 (Reuters) - Israel reopened the Rafah crossing with Egypt on Thursday after nearly three weeks to allow some wounded Palestinians to leave for treatment, after Gaza medics said Israeli strikes had killed four people in the enclave. The Palestinian Red Crescent Society said only ...
Reuters
43 minutes ago
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