Category Archives:
Yum Brands begins strategic review for struggling Pizza Hut chain
(Reuters) -Yum Brands said on Tuesday it was exploring strategic options for its Pizza Hut chain as the unit struggles to keep pace in a highly competitive fast-food industry vying for sales from a st...
Thomson Reuters 14h ago
Morning Bid: Nerves rising about frothy valuations
By Mike Dolan -What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets With one eye on Tuesday's U.S. local elections, stocks have been knocked back sharply f...
Thomson Reuters 14h ago
Intuitive Machines to broaden space business with $800 million deal for Lanteris
(Reuters) -Lunar lander maker Intuitive Machines said on Tuesday it will buy Lanteris Space Systems, a spacecraft maker formerly known as Maxar Space Systems, from private equity firm Advent Internati...
Thomson Reuters 14h ago
Pfizer raises 2025 profit forecast for second time in a row
(Reuters) -Pfizer on Tuesday lifted its full-year profit forecast for the second time in a row as robust demand for its blockbuster heart treatment and blood thinner helped it post third-quarter earni...
Thomson Reuters 14h ago
Ferrari beats estimates with 5% core earnings rise in third quarter
MILAN (Reuters) -Luxury sports-car maker Ferrari said on Tuesday its core earnings rose 5% in the third quarter, above expectations, thanks to a strong pricing power supported by models such as the SF...
Thomson Reuters 14h ago
Global companies push for regulation on plastics reduction, report shows
LONDON (Reuters) -Global food and packaging companies, including Nestle, PepsiCo and Unilever have vowed to collaborate on cutting plastic use and push for regulation after U.N. talks in August collap...
Thomson Reuters 14h ago
Paris prosecutors probe Shein, other online retailers for alleged child pornography content
PARIS (Reuters) -Online retail platforms Shein, Temu, AliExpress and Wish are being investigated in France over alleged dissemination of contents including child pornography on their marketplaces, the...
Thomson Reuters 14h ago
Marathon Petroleum misses quarterly profit estimates on higher turnaround costs
(Reuters) -Refiner Marathon Petroleum on Tuesday missed Wall Street estimates for third-quarter adjusted profit, as higher refining turnaround costs and operating expenses offset stronger margins and ...
Thomson Reuters 14h ago
Leidos lifts annual profit forecast after third-quarter beat on resilient demand
(Reuters) -Defense contractor Leidos Holdings lifted its annual profit forecast on Tuesday, backed by resilient demand for its munitions. Its shares rose about 2.7% before the bell. Leidos and its com...
Thomson Reuters 14h ago
Apollo's profit beats expectations on strong fee-related income
By Isla Binnie (Reuters) -Apollo Global Management surpassed Wall Street's expectations with a 20% rise in third-quarter profit on Tuesday, boosted by managing a swelling pile of assets, growth in deb...
Thomson Reuters 14h ago
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