By Anirban Sen and Dawn Chmielewski NEW YORK (Reuters) – Walt Disney and Comcast are seeking to hire a financial adviser to resolve a dispute over how to value the 33% stake in streaming platfor[...]
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May 6, 2024
Tyson Foods shares suffer worst one-day decline in a year over demand concerns
By Tom Polansek and Granth Vanaik (Reuters) -Tyson Foods shares suffered their worst one-day decline in a year on Monday after the U.S. meatpacker warned that consumers are under pressure from persist[...]
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Vertex tops Q1 profit estimates on robust demand for cystic fibrosis treatments
By Pratik Jain (Reuters) -Vertex Pharmaceuticals beat Wall Street estimates for first-quarter profit on Monday, driven by robust uptake for its blockbuster cystic fibrosis treatments. Cystic fibrosis[...]
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Wall Street closes higher for third session on rate cut optimism
By David French (Reuters) -U.S. stock indexes closed higher on Monday, their third straight session of advances, as investors continued to gain hope that there was a greater chance of the Federal Rese[...]
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Morning Bid: RBA up next, Hang Seng eyes 11th rise
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Asian markets are rising on the back of a subdued dollar, lower U.S. bond yields and looser financial conditions that the[...]
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Paul Weiss hires top deals lawyer Langston from Cleary
By Anirban Sen (Reuters) – Law firm Paul, Weiss, Rifkind, Wharton & Garrison is hiring a top dealmaker Jim Langston from rival firm Cleary Gottlieb Steen & Hamilton as a partner in its m[...]
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Air Lease Q1 profit misses estimates on higher interest expenses
(Reuters) -Air Lease Corp said it is wrestling with delivery delays from planemakers Boeing and Airbus, after reporting a lower-than-expected quarterly profit on Monday as it made higher interest paym[...]
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Robinhood Crypto gets Wells notice from US SEC
(Reuters) -Retail trading platform Robinhood Markets said on Monday it received an enforcement action notice from the U.S. Securities and Exchange Commission (SEC) on May 4 over crypto tokens traded o[...]
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Axon raises full-year revenue forecast on strong demand for its software products
(Reuters) – Axon Enterprise raised its full-year core profit and revenue forecast Monday, banking on strong demand for its software products and recently launched TASER 10 policing device. The c[...]
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