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Recent Posts

  • RBC upgrades SGS to “sector perform” on ATS deal and earnings upside
    July 8, 2025
  • Bitcoin price today: dips to $108.2k on tariff woes, Trump’s shifting deadline
    July 8, 2025
  • OMV Q2 update shows lower energy prices, rising chemical margins
    July 8, 2025
  • February 18, 2025

Medtronic earnings beat by $0.03, revenue fell short of estimates

- Medtronic (NYSE: MDT) reported third quarter EPS of $1.39, $0.03 better than the analyst estimate of $1.36. Revenue for the quarter came in at $8.29B versus the...

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  • February 18, 2025

UK watchdog investigates Safran's proposed purchase of Collins Aerospace unit

-- The Competition and Markets Authority (CMA) in the UK on Tuesday initiated an inquiry into the proposed acquisition of a portion of Collins Aerospace's actuation...

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  • February 18, 2025

China developer Greentown to issue $150 million additional bonds to refinance debt

By Clare Jim and Rishav Chatterjee (Reuters) -Greentown China said on Tuesday it will issue additional dollar bonds worth $150 million to help refinance its existing borrowings,...

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  • February 18, 2025

Restaurant Brands International acquires Burger King China for $158 million

-- Restaurant Brands International (NYSE:QSR) (RBI) has acquired the equity interests in Burger King China from TFI Asia Holdings BV and Pangea Two Acquisition...

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  • February 18, 2025

Southwest Airlines shares rise in premarket on plan to reduce leadership positions

-- Southwest Airlines (NYSE:LUV) has announced plans to eliminate approximately 1,750 jobs within its leadership ranks as a cost-cutting measure. This news led to a...

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  • February 18, 2025

Diamondback Energy to acquire Double Eagle units for $4.08 billion

-- Diamondback (NASDAQ:FANG) Energy, an oil and gas company, said on Tuesday that it plans to acquire specific units of Double Eagle, a Texas-based energy producer,...

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  • February 18, 2025

Despite record highs, investors see gains for European stocks: BofA survey

-- Despite European equities reaching all-time highs, 66% of fund managers expect further near-term gains, according to Bank of America’s (BofA) latest European Fund...

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  • February 18, 2025

Morgan Stanley upgrades Glencore to "overweight," citing undervalued stock

-- Morgan Stanley (NYSE:MS) in a note dated Tuesday has upgraded Glencore (LON:GLEN) to an "overweight" rating, citing exaggerated market concerns over coal...

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  • February 15, 2025

Uber accuses DoorDash of anticompetitive practices in lawsuit

By Gnaneshwar Rajan (Reuters) - Uber Technologies (NYSE:UBER) has filed a lawsuit against DoorDash (NASDAQ:DASH), accusing the online delivery firm of anticompetitive practices,...

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  • February 15, 2025

Volkswagen sets internal VW brand margin target of 6.5%, says Business Insider

FRANKFURT (Reuters) - German carmaker Volkswagen (ETR:VOWG_p) has issued internal targets to improve the profit margin for sales from its VW car business to 6.5%, up from about 2%...

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