Argentine banks receive rating upgrade due to reduced foreign currency risk: S&P Global
Following these decisions, S&P Global Ratings upgraded its long-term issuer credit rating on Banco De Galicia Y Buenos Aires S.A.U. (Banco Galicia) to 'B-' from 'CCC'. The senior unsecured debt rating ...
Salesforce stock falls amid skepticism over new COFO role
Salesforce (NYSE:CRM) shares declined 3.7% as the market reacted skeptically to the announcement that Robin Washington will ...
Lyft and Anthropic join forces to enhance rideshare experience with AI
Rideshare company Lyft (NASDAQ: LYFT) and AI firm Anthropic are teaming up to develop new products aimed at improving the ...
Simon Property outlook to positive from stable by S&P Global
On Monday, S&P Global Ratings revised its outlook on Simon Property Group Inc. (NYSE: NYSE: SPG) to positive, up from stable, while affirming the company's 'A-' issuer credit rating. The upgrade ...
Valvoline shares rise as Q1 results top estimates
Valvoline's system-wide same-store sales increased 8.0% compared to the same quarter last year. The company added 35 new stores during the quarter, including 14 franchise locations.
Kellanova reports above-consensus Q4 earnings, gross margin miss
The owner of Pringles and Pop-Tarts posted Q4 earnings per share (EPS) of $0.92, topping analyst expectations of $0.83. Revenue for the quarter totaled $3.12 billion, just above the consensus estimate ...
Huntington Ingalls shares tumble after earnings miss
The financial outlook provided by Huntington Ingalls projected mid to long-term revenue growth of over 4%, with specific growth in shipbuilding revenue at around 4% and Mission Technologies revenue at ...
Symbotic stock falls following disappointing guidance
Shares of Symbotic Inc. (NASDAQ: NASDAQ: SYM) tumbled 15% after the company's first-quarter earnings per share (EPS) and second-quarter revenue guidance fell short of analyst expectations, leading to ...
BAE Systems outlook upgraded to positive by Moody's Ratings
Ratings has upgraded the outlook for UK-based defense contractor BAE Systems (LON: BAES) from stable to positive, while maintaining its Baa1 long-term issuer and senior unsecured ratings. The revised ...
Analysis-Why Trump's repeal of a trade loophole strains low-income and minority Americans
Eliminating de minimis will cost U.S. consumers between $10.9 billion and $13 billion overall, but the relative cost per person will be higher for lower-income Americans, according to the paper, ...
Iran says verifying its nuclear programme is an 'easy task'
Iran is not seeking a nuclear weapon as the mass killing of innocent people is prohibited in the Islamic Republic's doctrine, ...
China traders seek US oil, LNG tariff waivers
Oil and gas traders in China are reportedly seeking waivers for the tariffs set to be imposed on U.S. crude and liquefied ...