By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks ended lower on Tuesday, with the Nasdaq showing the largest declines as chipmaker Nvidia stumbled ahead of its highly awaited earnings report, whil[...]
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February 20, 2024
Philippines’ Cebu Pacific to decide Airbus vs Boeing for 100 narrowbody jets order in Q2
By Lisa Barrington SINGAPORE (Reuters) – Philippine budget airline Cebu Pacific will decide in May or June whether to choose Airbus or Boeing for an order of more than 100 narrowbody aircraft fl[...]
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Exclusive-Occidental explores $20 billion-plus sale of Western Midstream, sources say
By David French and Anirban Sen (Reuters) -Occidental Petroleum is exploring a sale of Western Midstream Partners, a U.S. natural gas-focused pipeline operator that has a market value of close to $20[...]
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Casino operator Caesars misses quarterly revenue estimates
(Reuters) – Caesars Entertainment missed Wall Street expectations for fourth-quarter revenue on Tuesday, as strength in its Las Vegas casino operations was offset by higher costs. Shares of the[...]
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Citigroup raises CEO Jane Fraser’s 2023 pay by 6% to $26 million
By Tatiana Bautzer (Reuters) -Citigroup increased Chief Executive Officer Jane Fraser’s compensation by about 6% to $26 million for 2023, the lender said in a filing on Tuesday. Her pay was comp[...]
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Public Storage beats fourth-quarter FFO estimates on higher rent income
(Reuters) – Public Storage on Tuesday reported fourth-quarter funds from operations above Wall Street estimates, as higher rent for its storage units offset falling occupancy. The company report[...]
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Investor names director candidates at Fossil Group after stock price drop
NEW YORK (Reuters) -Investment firm Buxton Helmsley Group (BHG) said it nominated four candidates to the board of directors of Fossil Group, after the fashion design company’s stock lost three-q[...]
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Guyana’s $1.9 billion gas-to-power project delayed to 2025
By Sabrina Valle GEORGETOWN (Reuters) – Guyana will delay until 2025 its biggest effort to capitalize on its energy bounty, a $1.9 billion gas-to-power project that was to start this year, using[...]
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Analysis-Barclays maps uncertain route to a simpler, stronger future
By Sinead Cruise, Lawrence White and Iain Withers LONDON (Reuters) – Barclays, unveiling its biggest revamp since 2016, sought to appease investors seeking a clearer route to less volatile retur[...]
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