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Dec 09, 2024
Disney outlines cost-cutting and revenue strategies for growth
Disney (NYSE:DIS) officials noted the importance of ongoing cost reduction efforts as part of its financial strategy, according to Bloomberg. The company indicated that its...
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Dec 09, 2024
Apollo-owned Novolex to take packaging products maker Pactiv private in $6.7 billion deal
(Reuters) -Packaging firm Novolex will buy rival Pactiv Evergreen in a $6.7 billion deal, as the Apollo Global Management-owned firm looks to bolster its business of food and...
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Dec 09, 2024
Former SpaceX engineer seeks to help end US dearth of special uranium fuel
By Timothy Gardner WASHINGTON (Reuters) - Former SpaceX engineer Scott Nolan, CEO of startup General Matter, is on a mission to help end Russia's monopoly on a type of...
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Dec 09, 2024
Former SpaceX engineer seeks to help end US dearth of special uranium fuel
By Timothy Gardner WASHINGTON (Reuters) - Former SpaceX engineer Scott Nolan, CEO of startup General Matter, is on a mission to help end Russia's monopoly on a type of...
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Dec 09, 2024
Adobe upside 'likely limited', Citi says
-- Citi analysts maintained a Neutral rating on Adobe (NASDAQ:ADBE) in a research note Monday, expressing caution about its prospects amid fading pricing tailwinds...
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Dec 09, 2024
T-Mobile stock dips 6.2% amid UBS conference remarks
Shares of T-Mobile experienced a significant downturn during intraday trading, dropping by as much as 6.2%, marking the steepest decline since June 2023. The slump occurred as the...
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Dec 09, 2024
Bernstein gives 2025 outlook on China internet stocks, upgrades JD.com
-- Bernstein noted a mixed macroeconomic outlook for China in 2025 while expressing optimism about specific internet stocks that benefit from “idiosyncratic growth...
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Dec 09, 2024
Comcast, Warner Bros Discovery enter multi-year distribution deal
By Dawn Chmielewski and Paul Sandle (Reuters) -Warner Bros Discovery (NASDAQ:WBD) signed a multi-year deal with Comcast (NASDAQ:CMCSA) that lays the groundwork for the European...
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Dec 09, 2024
Credit Agricole could up Banco BPM stake in next 6 months, won't seek control, filing shows
MILAN (Reuters) - Credit Agricole (OTC:CRARY) could raise its stake in Banco BPM in the next six months above the 15% threshold it will acquire through derivatives once it has...
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Dec 09, 2024
Italy wraps up probe into two Meta execs on alleged $938 million VAT evasion by Facebook owner
By Emilio Parodi MILAN (Reuters) - Italian prosecutors have wrapped up a probe into alleged tax evasion of 887.6 million euros ($937.93 million) by Facebook parent company Meta...
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