Tag: “Sector”

Conagra Brands CAG –0.42% stock fell early Thursday despite the processed food maker posting fourth-quarter adjusted earnings that beat expectations, and announcing a dividend boost.

The Federal Trade Commission plans to bring its effort to stop Microsoft from closing its Activision Blizzard deal to the 9th Circuit appeals court.

Disney CEO Bob Iger opened the door to selling the company’s linear TV assets as the business struggles during the media industry’s transition to streaming and digital offerings.

Delta Air Lines posted its highest quarterly revenue and earnings ever thanks to scorching travel demand that has defied fears of an economic slowdown for months.

FRANKFURT, July 12 (Reuters) – German chemicals giant BASF (BASFn.DE) on Wednesday cut its full-year earnings guidance, the latest in a string of chemical companies caught out by weak demand from industrial clients and higher interest rates.

H κοινοπραξία Intrakat-Ameresco-RESINVEST ανακηρύχθηκε ανάδοχος στον διαγωνισμό της ΔΕΗ Ανανεώσιμες για την κατασκευή φωτοβολταϊκού πάρκου συνολικής ισχύος 171 MW στο δήμο Εορδαίας στην Κοζάνη.

It plans to become a global top 10 company in vehicle components by more than doubling revenue to 20 trillion won by 2030, while strengthening service platforms on its home appliance and TV businesses that generate recurring profits, such as media subscriptions and rentals.

The Federal Trade Commission has lost its request for a preliminary injunction to block Microsoft’s $69 billion deal to purchase Activision Blizzard, according to a ruling from U.S. District Judge Jacqueline Scott Corley.

Gilead GILD +0.57% Sciences recently spent about $30 million to increase its stakes in two biotech stocks.

NEW DELHI, July 12 (Reuters) – Walt Disney (DIS.N) is exploring options to sell or find a joint venture partner for its India digital and TV business, a source with direct knowledge said on Wednesday.

US-sanctioned giant likely to produce 5G chips domestically
Chips expected to use Huawei EDA tools and SMIC production
Semiconductors could have relatively low yield rate of 50%

U.S. chipmaker Broadcom secured EU antitrust approval on Wednesday for its $61 billion proposed acquisition of cloud computing firm VMware.

Roku ROKU +11.14% stock surged Tuesday after the streaming TV platform company said it was teaming with the e-commerce software company Shopify SHOP +1.72% to allow viewers to buy products directly through their TVs from Shopify merchants.

Central banks in Asia are likely to cut rates before the Federal Reserve, indicating a decoupling ahead, Nomura economists wrote.

JPMorgan Chase (JPM) is turning to a top former Silicon Valley Bank executive for help lending to startups.

U.S.-listed Chinese stocks rose on Tuesday on hopes that authorities’ three-year crackdown on technology companies is coming to a close.

Apple on Tuesday launched an online store on Tencent’s WeChat messaging app in China.

SHANGHAI, July 11 (Reuters) – High-end jeweller Bulgari has apologised after allegedly listing Taiwan as independent from China on an overseas website, sparking a furious response on Chinese social media.

Microsoft confirmed Monday that it’s eliminating additional jobs, a week after the start of its 2024 fiscal year.

Berkshire Hathaway BRK.B +0.07% ’s big utility and energy division purchased a 50% stake in the Cove Point liquefied natural gas facility in Maryland for $3.3 billion, lifting its stake in the plant to 75%, according to the Berkshire unit.