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RPT-BREAKINGVIEWS-Tesla's future may be more GM than OMG
By Jonathan Guilford, Robert Cyran NEW YORK, March 4 (Reuters Breakingviews) - Tesla TSLA.O is losing its wow factor. Boss Elon Musk has long relied on hyperbolic predictions to pump up the electric-car maker’s image, and its stock price – from how quickly vehicle production would ramp up, to th...Reuters
Wed, Mar 5
Other
ADVISORY-Alert on Huawei launching all-optical solutions inadvertently tagged to F5 Inc withdrawn
An alert on Huawei launching solutions to build AI-centric F5.5G all-optical networks was inadvertently tagged to F5 Inc FFIV.O, an unrelated company, and has been withdrawn.There will be no substitute.STORY_NUMBER: nTUA7JPWG3STORY_DATE: March 5, 2025 STORY_TIME: 1240 GMTReuters
Wed, Mar 5
Stocks
MIDEAST STOCKS-Most Gulf markets fall on trade war fears
By Ateeq Shariff March 5 (Reuters) - Most stock markets in the Gulf ended lower on Wednesday after the latest round of U.S. tariffs and countermeasures from Canada and China fuelled global trade war concerns.U.S. President Donald Trump's 25% tariffs on imports from Mexico and Canada took effe...Reuters
Wed, Mar 5
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Fitch Says US Tariffs To Temporarily Strain Global Alcohol Producers’ Revenue, Profits
March 5 (Reuters) - FITCH:FITCH RATINGS: US TARIFFS TO TEMPORARILY STRAIN GLOBAL ALCOHOL PRODUCERS’ REVENUE, PROFITSFITCH: EXPECT MOST SPIRITS PRODUCERS TO INCREASE PRICES IN US TO COMPENSATE FOR NEW TARIFFSFITCH: EXPECT SALES VOLUMES OF IMPORTED ALCOHOL IN MASS & MID-PRICE MARKETS TO DECLINE DU...Reuters
Wed, Mar 5
Other
Campbell's Is Continuing To Monitor Evolving Tariff & Global Trade Policies - SEC Filing
March 5 (Reuters) - Campbell's Co CPB.O:CAMPBELL'S - CONTINUING TO MONITOR EVOLVING TARIFF & GLOBAL TRADE POLICIES & WORKING WITH SUPPLIERS TO MITIGATE POTENTIAL IMPACTS - SEC FILINGCAMPBELL'S: EXPECT SUPPLY CHAIN PRODUCTIVITY & COST SAVINGS INITIATIVES TO OFFSET INCREMENTAL ...Reuters
Wed, Mar 5
Stocks
Campbell's Co falls after lowering annual sales, profit forecasts
** Shares of packaged food company Campbell's Co CPB.O down 5.28% at $38.20 premarket** Company lowers its annual sales growth forecast range to 6%-8%, from 9%-11%** Also lowers annual adjusted EPS forecast to between $2.95 and $3.05, from prior $3.12 to $3.22** Cuts adjusted annual EBIT forecas...Reuters
Wed, Mar 5
Other
Jazz Pharmaceuticals Upon Termination Of Deal Chimerix Will Be Required To Pay Termination Fee Of $35 Million In Cash
March 5 (Reuters) - Chimerix Inc CMRX.O:JAZZ PHARMACEUTICALS:UPON TERMINATION OF DEAL UNDER SPECIFIED CIRCUMSTANCES, CHIMERIX WILL BE REQUIRED TO PAY CO TERMINATION FEE OF $35 MILLION IN CASHSource text: [ID:n0001193125-25-046226]Reuters
Wed, Mar 5
Other
UK's CMA Does Not Consider There Has Been Change Of Control By Microsoft Over OpenAI
March 5 (Reuters) - Competition and Markets Authority: UK'S CMA SAYS DOES NOT CONSIDER THERE HAS BEEN CHANGE OF CONTROL BY MICROSOFT FROM MATERIAL INFLUENCE TO DE FACTO CONTROL OVER OPENAISource text: [ID:]Reuters
Wed, Mar 5
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Nebius Accelerates Us Expansion
March 5 (Reuters) - Nebius Group NV NBIS.O:NEBIUS ACCELERATES US EXPANSION, ADDING UP TO 300 MW CAPACITY AT NEW DATA CENTER IN NEW JERSEYNEBIUS GROUP NV - FIRST CAPACITY OF NEW JERSEY FACILITY EXPECTED BY SUMMER 2025NEBIUS GROUP NV - SECOND DEPLOYMENT PHASE IN KANSAS CITY EXPECTED ONLINE BY Q2 2025Reuters
Wed, Mar 5
Other
Defense tech startup Epirus secures $250 million to make anti-drone weapons
March 5 (Reuters) - Defense technology startup Epirus has raised $250 million in a Series D funding round, as it looks to scale up production of its anti-drone weapons, the company said on Wednesday. Epirus did not disclose its valuation for this round. The company was previously valued at $1.35 bil...Reuters
Wed, Mar 5
Other
Bank Of New York Mellon Corp Says CEO Robin Vince's 2024 Total Compensation Was $23.3 Million Versus $16.8 Million In 2023 – SEC Filing
March 5 (Reuters) - Bank of New York Mellon Corp BK.N:BANK OF NEW YORK MELLON CORP SAYS CEO ROBIN VINCE'S 2024 TOTAL COMPENSATION WAS $23.3 MILLION VERSUS $16.8 MILLION IN 2023 – SEC FILINGBANK OF NEW YORK MELLON CORP: SAYS RATIO OF CEO’S PAY TO PAY OF MEDIAN EMPLOYEE FOR 2024 IS 288 TO 1Source...Reuters
Wed, Mar 5