Author Archives: Syndicated Content
Consumer lender Capital One's Q3 profit rises as high interest rates boost income
(Reuters) - Capital One reported a 1.6% increase in third-quarter profit on Thursday, as elevated interest rates enabled the consumer lender to earn more from customers repaying credit card debt. The ...
Thomson Reuters Oct 24, 2024
Mexico's Televisa swings to profit in third quarter
MEXICO CITY (Reuters) - Mexico's largest broadcaster, Televisa, swung to a 666.5 million peso ($33.85 million) net profit in the third quarter from the 918.5 million peso loss in the same period a yea...
Thomson Reuters Oct 24, 2024
Bankers see tepid investments due to uncertainty over US elections, geopolitics
By Nupur Anand and Pete Schroeder WASHINGTON (Reuters) - Questions about the direction of the United States and wars in Ukraine and the Middle East are making investors cautious, bank executives gathe...
Thomson Reuters Oct 24, 2024
L.A. prosecutor seeks new sentence for Menendez brothers in 1989 murder of parents
By Daniel Trotta (Reuters) -A Los Angeles prosecutor said on Thursday he is asking the court to resentence Erik and Lyle Menendez after they have spent 34 years in prison for the shotgun murder of the...
Thomson Reuters Oct 24, 2024
US court blocks Tapestry's $8.5 billion acquisition of rival Capri
By Siddharth Cavale NEW YORK (Reuters) - A U.S. judge blocked the pending $8.5 billion merger of U.S. handbag and accessories maker Tapestry and Capri on Thursday, a victory for the U.S. Federal Trade...
Thomson Reuters Oct 24, 2024
Deckers Outdoors raises annual sales forecast on strong demand for Hoka shoes
(Reuters) -Deckers Outdoor beat Wall Street estimates for second-quarter results and raised its annual sales forecast on Thursday, on the back of strong demand for its brands UGG boots and Hoka runnin...
Thomson Reuters Oct 24, 2024
Morgan Stanley board names CEO Ted Pick its chair
By Jaiveer Shekhawat and Niket Nishant (Reuters) -Morgan Stanley said on Thursday CEO Ted Pick would be its next chair succeeding James Gorman, who has been tapped to head the board at Walt Disney aft...
Thomson Reuters Oct 24, 2024
L3Harris lifts lower end of 2024 results forecast amid global tensions
(Reuters) - L3Harris raised the lower end of its annual profit and revenue forecasts on Thursday, betting on sustained weapons demand and robust defense spending amid escalating global security concer...
Thomson Reuters Oct 24, 2024
VeriSign Q3 revenue rises on strong domain name demand
(Reuters) - Internet services firm VeriSign reported a 3.8% rise in third-quarter revenue on Thursday, beating analyst expectations, driven by growing demand for domain name registration as businesses...
Thomson Reuters Oct 24, 2024
Biden apologizes for abusive Native American boarding schools and their legacy
By Kanishka Singh WASHINGTON (Reuters) - President Joe Biden apologized on Thursday for the U.S. government's role in running abusive Native American boarding schools for more than 150 years, marking ...
Thomson Reuters Oct 24, 2024