Barclays has taken a 750 million pound ($1.2 billion) charge in the fourth quarter as it prepares to settle allegations its traders manipulated the foreign exchange market. As Hayley Platt it overshadowed the bank's efforts to slash costs and boost profits.
Carson Beck is entrenched as the Bulldogs' starter after a breakout 2023 season.
Xcel Energy posted a better-than-expected first-quarter profit on Thursday, even as the electric and natural gas utility faced growing liabilities tied to the largest wildfire in Texas history. Xcel faces 15 lawsuits in connection with the Texas Smokehouse Creek blaze, which burned more than 1 million acres in the Lone Star state this year, with at least two of the complaints claiming the utility was negligent in maintaining electrical infrastructure that led to the fire. Anticipating losses from the Smokehouse Creek Fire, Xcel recorded a pre-tax charge during the quarter of $215 million, which it called the low-end of a range.
The battle for consumer attention in China's electric car market is being fought over touches of "tech luxury" that car buyers in other markets have never seen. China’s upstart electric brands, and even its state-owned, legacy automakers, are racing to pack technology and features once considered premium into EVs as cheap as $20,000 – less than half the cost of an average new car in the United States, now more than $48,000. That represents a deepening challenge to foreign brands in China, including Tesla and Volkswagen, which both have top-selling EVs in the world’s largest market, and others, analysts say.
Mexican cement maker Cemex reported a 13% increase in first-quarter net profit on Thursday, bolstered by lower taxes and less exposure to financial derivatives, although its operating earnings declined. The firm, one of the world's largest cement producers, posted a net profit of $254.4 million, beating analysts' estimates of $218.2 million as per LSEG data. Revenue inched up 3% year-over-year to $4.14 billion, just shy of analysts' estimates of $4.19 billion, despite volumes falling in all of its product segments.
Dublin, April 25, 2024 (GLOBE NEWSWIRE) -- The "Diabetic Kidney Disease (DKD) - Market Insight, Epidemiology and Market Forecast - 2032" report has been added to ResearchAndMarkets.com's offering.Key Highlights In the 7MM, the United States accounted for the largest market size in 2022, with approximately USD 6,200 million.The disease is reported to occur in 20-50% of those living with diabetes and is the single most common cause of end-stage kidney disease (ESKD) in many populations.Current man
Construction machinery manufacturer Caterpillar (CAT) saw a mixed bag of first-quarter earnings results, falling short of revenue estimates ($14.96 billion compared to an expected $15.13 billion) but topping adjusted earnings per share outlook ($5.60 compared to an expected $5.13). Caterpillar shares are in turn falling Thursday morning, though it has been on a run year-to-date in 2024. Yahoo Finance Senior Business Reporter Ines Ferré crunches the numbers on Caterpillar's results, breaking down the warning it issued on declining sales. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
OLDWICK, N.J., April 25, 2024--AM Best Senior Director Greg Williams will participate in a panel discussion on market conditions in the fronting carrier segment during The Insurer’s upcoming Program Manager Conference & Awards event in New York, NY. The event takes place May 29, 2024, at Gotham Hall.
Dublin, April 25, 2024 (GLOBE NEWSWIRE) -- The "Deere & Company - Digital Transformation Strategies" company profile has been added to ResearchAndMarkets.com's offering. The report offers a comprehensive overview of John Deere's technological endeavors, encompassing its digital transformation strategies, innovation programs, and various technology initiatives. It provides insights into partnerships, product launches, and acquisitions, shedding light on the company's efforts to stay competitive a
The American Indian College Fund NYC EATSS Event to Feature Five Indigenous Celebrity Chefs, Including James Beard Award Winner Chef Sherry Pocknett and an Exclusive Concert Starring Los Angeles-based Native Singer-songwriter Raye Zaragoza NEW YORK, April 25, 2024 (GLOBE NEWSWIRE) -- Native American allies in the culinary, music and arts industries are joining forces with the American Indian College Fund for its upcoming NYC EATSS Event to take place on the evening of April 30, 2024. The America
Hess Corp on Thursday reported first-quarter earnings well above analysts' forecasts, driven by a 28% increase in Guyana oil output, a sign Exxon Mobil's results out Friday could also top forecasts. Last October, Hess agreed to sell itself to Chevron for $53 billion in stock, but the deal has been stalled by a regulatory review and challenged by Exxon, which claims a right to Hess's Guyana assets.
Otis Worldwide Corporation (NYSE:OTIS) Q1 2024 Earnings Call Transcript April 24, 2024 Otis Worldwide Corporation beats earnings expectations. Reported EPS is $0.88, expectations were $0.87. OTIS isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning and welcome to Otis’ […]
Dublin, April 25, 2024 (GLOBE NEWSWIRE) -- The "Traffic Management Market: A Global and Regional Analysis, 2023-2033" report has been added to ResearchAndMarkets.com's offering.The global traffic management market has experienced robust growth in recent years, propelled by various factors highlighting its transformative potential across diverse industries. The growing need for effective transportation systems, increased urbanization, and rising traffic congestion are all contributing to the robu
Concerns have been raised about dogs being in schools after a staff member ended up in hospital.
Day seven of the former president’s historic election interference trial is underway in New York City
Exclusive: The €5 ticket scheme aims ‘to safeguard the city from overtourism’ says leading transport and tourism official
ROSEMONT, Ill., April 25, 2024--FCA, LLC, a Wynnchurch Capital, L.P. ("Wynnchurch") portfolio company, announced the acquisition of Greentree Packaging and Lumber ("Greentree" or the "Company"). Headquartered in Fort Worth, Texas, Greentree is a manufacturer of custom wood packaging and a distributor of lumber products.
Mooney was recognized for her remarkable contributions in oncology careCRANBURY, N.J., April 25, 2024 (GLOBE NEWSWIRE) -- CURE® Media Group, the industry-leading multimedia platform devoted to providing cancer updates and research to more than 1 million patients, survivors and caregivers, has partnered with Oncology Nursing News®, a multimedia platform dedicated to navigating care and empowering voices within the community of oncology nurses and health care professionals, to name Meaghan Mooney,
The body will try to restore order and form a new government in the nation wracked by gang violence.
In this article, we discuss the 25 richest billionaires in logistics industry. To skip the detailed analysis of the logistics industry, go directly to the 5 Richest Billionaires in the Logistics Industry. Global Logistics Industry: An Outlook The global logistics industry has grown rapidly since the evolution of the e-commerce industry and fast-paced globalization. This has led to an […]
Tory peer Lord Hayward expects Labour to gain between 200 and 250
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