-- U.S. stock index futures fell slightly in Asian trade on Tuesday amid persistent uncertainty over the path of interest rates, while anticipation of key earnings reports this week, particularly from NVIDIA Corporation (NASDAQ:NVDA), kept traders on edge. Markets saw a dearth of cues on account of a U.S. market holiday on Monday. But trading...
By Anirban Sen and Michelle Price NEW YORK/WASHINGTON (Reuters) -Capital One, a U.S. consumer lender backed by Warren Buffett, said on Monday that it will acquire credit card issuer Discover Financial Services (NYSE:DFS) in an all-stock transaction valued at $35.3 billion. The tie-up, which will combine two of the largest U.S. credit card companies, aims...
By Lisa Barrington, Brenda Goh and Joe Brock SINGAPORE (Reuters) - Singapore on Tuesday kicked off Asia\'s biggest air show - the first in six years unaffected by pandemic restrictions - as the global aviation industry grapples with a full rebound in travel demand in the face of severe supply constraints. More than 1,000 companies...
By Sameer Manekar and Melanie Burton (Reuters) -BHP Group on Tuesday logged first-half underlying profit that slightly beat analyst expectations, buoyed by strong iron ore prices, and said inflationary impacts were receding. The world\'s largest listed miner was cautiously optimistic on a demand recovery in the developed world in the next 12 months but said...
By Stefanno Sulaiman, Devjyot Ghoshal and Joe Brock JAKARTA (Reuters) - When a Chinese rocket malfunctioned shortly after launch in April 2020, destroying Indonesia\'s $220 million Nusantara-2 satellite, it was a blow to the archipelago\'s efforts to strengthen its communication networks. But it presented an opportunity for one man. Elon Musk - the owner of...
Liberty Global (NASDAQ:LBTYA) has reported a robust operating performance for the full year of 2023, navigating through a landscape marked by macroeconomic and competitive pressures. The key highlights from the investor call include the company\'s accelerated EBITDA growth, particularly in its BMO 2 and Sunrise segments, which surpassed the distributable cash flow projections. The company...
Universal Logistics Holdings, Inc. (NASDAQ:ULH) has announced its earnings for the fourth quarter of 2023, delivering a solid performance with $0.81 per share on operating revenues of $390.2 million. Despite a competitive market and various operational headwinds, the company achieved the second-best fourth quarter on record for operating income. The contract logistics segment was a...
In the recent earnings call, Heineken (AS:HEIN) N.V. (HEIA.AS) discussed its full-year results for 2023, showcasing a mix of growth and challenges across its global markets. The company reported an organic net revenue increase of 5.5%, with a notable 10.8% rise in net revenue per hectoliter, despite a 4.7% dip in total beer volume. The...
Liberty Global (NASDAQ:LBTYA) has reported a robust operating performance for the full year of 2023, navigating through a landscape marked by macroeconomic and competitive pressures. The key highlights from the investor call include the company\'s accelerated EBITDA growth, particularly in its BMO 2 and Sunrise segments, which surpassed the distributable cash flow projections. The company...
-- U.S. stock index futures rose slightly in evening deals on Sunday, steadying after a stronger-than-expected producer inflation reading spurred some losses in the prior session, with focus now turning to a swathe of major earnings this week. Trading volumes were limited ahead of a holiday on Monday. S&P 500 futures were flat, while Nasdaq...