By Samrhitha A (Reuters) -Lyft’s forecast error that sent shares into a tizzy overnight may invite regulatory or legal scrutiny, analysts and experts said on Wednesday, overshadowing its solid q[...]
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February 14, 2024
CNH Industrial profit rises on higher prices, forecasts sales decline in 2024
By Bianca Flowers and Aatreyee Dasgupta (Reuters) -CNH Industrial reported a higher fourth-quarter profit on Wednesday, boosted by strong prices for its farm and construction machinery despite slowing[...]
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Analysis-US banks, private equity firms compete to finance debt-backed deals
By Saeed Azhar and Tatiana Bautzer NEW YORK (Reuters) – Wall Street banks are raising billions of dollars to regain ground in lending to companies in debt-backed deals after giant private equity[...]
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Google enables OS upgrades for older PCs post-Windows 10 support cutoff
(Reuters) – Google will allow businesses to install an auto-updating version of the Chrome operating system to Windows devices, potentially preventing millions of PCs from hitting landfills afte[...]
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Loeb’s Third Point to delve into private credit investing as a ‘complement’
By Svea Herbst-Bayliss (Reuters) – Hedge fund manager Daniel Loeb’s firm Third Point will invest in private credit this year as it bets on positive conditions for both credit and equity ma[...]
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Bank of Canada to discuss balance sheet normalization next month, says CFA Society
OTTAWA (Reuters) – Bank of Canada (BoC) Deputy Governor Toni Gravelle will discuss normalization of the central bank’s balance sheet in a speech on March 21, the CFA Society of Toronto sai[...]
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Uber hits record high after unveiling first-ever $7 billion share buyback
By Samrhitha A (Reuters) -Uber Technologies shot to a record high on Wednesday after announcing its first-ever buyback of $7 billion worth of company shares after a strong recovery in ride-share reven[...]
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America Movil trims 2024 capex to $7 billion on less spectrum spend
By Cassandra Garrison and Sarah Morland MEXICO CITY (Reuters) -Mexican telecommunications giant America Movil said on Wednesday it expected reduced capital expenditure of around $7 billion this year,[...]
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Barclays VP sues for $290,000, alleging discrimination
By Nell Mackenzie LONDON (Reuters) -A Barclays vice president is suing the British bank for about 230,000 pounds ($290,000), alleging she was passed over for promotion because of racial, religious and[...]
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