(Reuters) – Single-family rental giant Invitation Homes Inc on Wednesday trimmed its full-year core funds from operations (FFO) forecast, amid growing weakness in the real-estate sector due to h[...]
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October 25, 2023
Silver Lake working to take entertainment giant Endeavor private
By Dawn Chmielewski (Reuters) -Private equity firm Silver Lake said on Wednesday it was working on a proposal to take talent and media company Endeavor Group Holdings private, after Endeavor announced[...]
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Southwest Airlines reaches tentative deal with union representing 19,000 attendants
(Reuters) -Southwest Airlines said on Wednesday it has reached a tentative agreement with the Transport Workers Union Local 556, representing nearly 19,000 flight attendants, making it the first major[...]
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Walmex Q3 net profit jumps more than 12%, pushed by higher sales
MEXICO CITY (Reuters) -Walmart’s Mexico unit on Wednesday posted a 12.2% year-on-year jump in its third-quarter net profit, driven mainly by stronger sales. Walmart de Mexico, or Walmex, the big[...]
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Consumer Reports finds more lead and cadmium in chocolate, urges change at Hershey
By Jonathan Stempel NEW YORK (Reuters) -Consumer Reports said on Wednesday it had found “concerning” levels of lead and cadmium in a third of various chocolate products it tested recently,[...]
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Marketmind: A familiar pattern – stocks slump, yields spike
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets on Thursday are set to open on the defensive, with sentimen[...]
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IBM’s third-quarter results beat estimates on resilient software demand
By Chavi Mehta (Reuters) – IT software and consultancy services provider IBM reported third-quarter revenue and profit above Wall Street targets on Wednesday, buoyed by stable demand for its sof[...]
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FedEx says U.S. Express service disrupted, blames FAA IT outage overnight
LOS ANGELES (Reuters) -FedEx Corp on Wednesday said its U.S. Express deliveries could be delayed due to an overnight Federal Aviation Administration (FAA) information technology system outage that the[...]
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United Rentals beats profit estimates on strong equipment demand
(Reuters) – Equipment rental company United Rentals on Wednesday beat estimates for third-quarter profit on strong demand for industrial tools as spending on infrastructure and construction proj[...]
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