Business

FCC prepares review of Disney’s TV licenses, Semafor reports

Tuesday, April 28 by SRN News

April 28 (Reuters) - The Federal Communications Commission is moving toward a review of Disney's broadcast licenses, Semafor reported on Tuesday, a development that could pressure the ABC owner amid a row between the White House and late-night host Jimmy Kimmel. The FCC could... Read More.

US consumer confidence inches higher in the face of soaring gasoline prices

Tuesday, April 28 by SRN News

WASHINGTON (AP) - U.S. consumer confidence rose modestly in April despite growing anxiety over soaring energy prices brought on by the war in Iran. The Conference Board said Tuesday that its consumer confidence index inched up to 92.8 in April from 92.2 in March.... Read More.

Morning Bid: Talons on show

Tuesday, April 28 by SRN News

By Mike Dolan April 28 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets This week's pack of major central bank meetings got off to a hawkish start with the Bank of Japan. While it kept interest rates... Read More.

Barrick names key executives for North American unit post IPO

Tuesday, April 28 by SRN News

April 28 (Reuters) - Barrick Mining said on Tuesday Wessel Hamman will serve as the chief financial officer of the new company that will hold its North American assets following its IPO. Tim Cribb will serve as the chief operating officer, the company added. The planned... Read More.

Rare Earths Americas targets $368 million valuation in US IPO

Tuesday, April 28 by SRN News

April 28 (Reuters) - Rare Earths Americas said on Tuesday it is seeking a valuation of up to $368.4 million in its U.S. initial public offering, as it banks on investor interest due to strong demand for critical minerals used in products ranging from... Read More.

EssilorLuxottica CEO confident in share price recovery over time

Tuesday, April 28 by SRN News

By Elisa Anzolin PARIS, April 28 (Reuters) - The head of EssilorLuxottica expressed confidence on Tuesday that shares in the Franco-Italian eyewear group can recover the ground lost due to U.S. tariffs, a weaker dollar, military conflicts and competition on smart eyeglasses. Speaking at the company's... Read More.

GM lifts profit outlook as US truck sales boost first quarter

Tuesday, April 28 by SRN News

By Kalea Hall April 28 (Reuters) - General Motors posted on Tuesday a 22% rise in first-quarter core profit and lifted its full-year earnings forecast, bolstered by a resilient U.S. car market and an expected tariff refund. The Detroit automaker reported earnings before interest and... Read More.

Coca-Cola raises annual adjusted profit forecast on steady sodas demand

Tuesday, April 28 by SRN News

April 28 (Reuters) - Coca-Cola raised its annual adjusted profit forecast on Tuesday, betting on steady demand for its pricier beverages and sodas in key markets such as the United States. The beverages giant's shares rose about 2% in premarket trading as it also topped... Read More.

S&P Global reports higher first-quarter profit on demand for analytics products

Tuesday, April 28 by SRN News

April 28 (Reuters) - Financial information company S&P Global reported a rise in first-quarter profit on Tuesday on strong demand for its data and analytics offerings amid geopolitical uncertainty, sending its shares up about 1.3% in premarket trading. Rising market volatility, private credit concerns and... Read More.

UPS keeps full year revenue target unchanged amid shift away from Amazon

Tuesday, April 28 by SRN News

April 28 (Reuters) - United Parcel Service on Tuesday beat estimates for quarterly profit, backed its full-year revenue target and projected a return to growth in the second quarter, as it moves away from high-volume shipments to focus on higher-margin business-to-business deliveries. The parcel giant... Read More.

Current Weather

FCC prepares review of Disney’s TV licenses, Semafor reports

US consumer confidence inches higher in the face of soaring gasoline prices

Morning Bid: Talons on show

Barrick names key executives for North American unit post IPO

Rare Earths Americas targets $368 million valuation in US IPO

GM lifts profit outlook as US truck sales boost first quarter

Coca-Cola raises annual adjusted profit forecast on steady sodas demand

S&P Global reports higher first-quarter profit on demand for analytics products

UPS keeps full year revenue target unchanged amid shift away from Amazon

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