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Adobe beats third-quarter revenue estimates
2+ day, 10+ hour ago (80+ words) 93.3 The Drive - Win Lunch for Your Workplace from Hickory River Smokehouse! Adobe beats third-quarter revenue estimates Sept 10 (Reuters) – Adobe beat Wall Street estimates for third-quarter revenue on Thursday, as demand for its AI-integrated products and tools continued to grow. The…...
Finland risks strained power supply after Google AI deal, opposition warns
2+ day, 15+ hour ago (360+ words) HELSINKI, Sept 10 (Reuters) – Finland should introduce a national permitting system for data centres to prevent the risk of power shortages and soaring energy prices, opposition parties said on Thursday following Google’s announcement of a large new investment in the country....
S&P 500, Nasdaq futures extend losses slightly after August PPI data
2+ day, 17+ hour ago (140+ words) 93.3 The Drive - Win Lunch for Your Workplace from Hickory River Smokehouse! S&P 500, Nasdaq futures extend losses slightly after August PPI data Sept 10 (Reuters) – The S&P 500 and Nasdaq futures extended losses slightly on Thursday after producer prices data for…...
American Eagle shares slide as flat margin outlook, weak core brand weigh
2+ day, 21+ hour ago (266+ words) Sept 10 (Reuters) – American Eagle Outfitters’ shares slumped over 11% in premarket trading on Thursday, following a flat quarterly gross-margin forecast as persistent softness at the company’s core brands outweighed a second-quarter revenue beat. Demand across the apparel sector has been uneven as…...
German August inflation confirmed at 2.9%
3+ day, 32+ min ago (71+ words) 93.3 The Drive - Win Lunch for Your Workplace from Hickory River Smokehouse! German August inflation confirmed at 2.9% BERLIN, Sept 10 (Reuters) – German inflation accelerated to 2.9% in August, the federal statistics office said on Thursday, confirming preliminary data. Germany’s consumer prices, harmonised to…...
Exclusive-TPG explores $5 billion sale of healthcare software company Lyric, sources say
3+ day, 10+ hour ago (314+ words) NEW YORK, Sept 9 (Reuters) – Private equity firm TPG is exploring the sale of Lyric, in a process that could value the software company which supports payments in the healthcare industry at about $5 billion, people close to the discussions said. The…...
BOJ may be forced to hike rates rapidly if inflation accelerates, board member Masu says
3+ day, 4+ hour ago (245+ words) FUKUI, Japan, Sept 10 (Reuters) – The Bank of Japan may be forced to raise interest rates rapidly if inflation accelerates as the country’s financial conditions remain accommodative, board member Kazuyuki Masu said on Thursday. A recent spike in producer prices warrants…...
Analysis-GE Aerospace bets on ‘black art’ of casting to secure jet engine supply
3+ day, 10+ hour ago (617+ words) PARIS/CHICAGO, Sept 9 (Reuters) – GE Aerospace has acted to contain shortages of precision jet engine parts while securing valuable technology by breaking into the inner circle of castings manufacturers with a $12 billion purchase of Consolidated Precision Products. Buying CPP, the…...
Citi Private Bank hires Radzinski from Bank of America
3+ day, 9+ hour ago (126+ words) 93.3 The Drive - Win Lunch for Your Workplace from Hickory River Smokehouse! Citi Private Bank hires Radzinski from Bank of America NEW YORK, Sept 9 (Reuters) – Citigroup’s Private Bank announced the hiring of Teresa Radzinski from Bank of America to strengthen relationships…...
Republican lawmakers criticize Ford business ties to China
3+ day, 13+ hour ago (69+ words) 93.3 The Drive - Win Lunch for Your Workplace from Hickory River Smokehouse! Republican lawmakers criticize Ford business ties to China WASHINGTON, Sept 9 (Reuters) – Republicans in Congress on Wednesday joined criticism of Ford Motor over its business ties to Chinese firms after…...