(Reuters) – Venture Global LNG’s shares were set to open up to 6% above their offer price in their debut on the New York Stock Exchange on Friday. The LNG exporter’s stock was indicated to trade between $25.5 and $26.5, compared with the IPO price of $25. At the higher-end, it could notch a valuation …
Venture Global shares likely to open up to 6% above IPO price Read More »
By Harshita Mary Varghese (Reuters) -Verizon Communications on Friday reported its best quarterly wireless subscriber growth in five years, fueled by robust demand for its customizable myPlan, Black Friday deals and trade-in offers for the AI-powered iPhone 16 series. The strong growth sent its shares up about 1% and helped investors look past annual profit …
Verizon wireless subscriber growth hits 5-yr high, profit view weak Read More »
BERLIN (Reuters) – Commerzbank reiterated on Friday that it will not meet with UniCredit for formal discussions until it receives a specific proposal from the Italian bank, which has ruffled feathers in Berlin with its interest in a merger. Earlier on Friday, the Financial Times newspaper reported that Commerzbank CEO Bettina Orlopp had rejected an …
Commerzbank says no talks with UniCredit until specific proposal made Read More »
By Lucia Mutikani WASHINGTON (Reuters) – U.S. business activity slowed to a ninth-month low in January amid rising price pressures, but firms reported boosting hiring, supporting the Federal Reserve’s cautious approach to cutting interest rates this year. S&P Global said on Friday that its flash U.S. Composite PMI Output Index, which tracks the manufacturing and …
US business activity at nine-month low in January; hiring accelerates Read More »
(Reuters) -AT&T said on Friday it has secured $850 million through the sale-leaseback of its underused central office facilities that house its legacy copper networks to real estate development firm Reign Capital. The U.S. telecom major is planning to exit a majority of its copper network operations by 2029 as customers shift to newer technologies …
AT&T secures $850 million from sale-leaseback of real estate to Reign Capital Read More »
(Corrects spelling of Optima president’s name in paragraph 3) By Allison Lampert MONTREAL (Reuters) – Canadian helicopter parts supplier Optima Aero is already moving inventory south of the border to minimize the risk from potential tariffs proposed by U.S. President Donald Trump. Optima, headquartered in Quebec, sends about $2 million worth of parts each year …
Aerospace suppliers scramble to cushion blow of looming Trump tariffs Read More »
By Alex Lawler, Ahmad Ghaddar and Yousef Saba LONDON (Reuters) -OPEC+ has yet to react to a call from U.S. President Donald Trump for lower oil prices, with delegates from the group pointing to a plan already in place to start raising oil output from April. Trump said on Thursday that he would ask Saudi …
OPEC+ yet to react to Trump call for lower oil prices Read More »
(Reuters) -HCA Healthcare on Friday forecast 2025 profit above estimates on elevated demand for medical procedures and lower costs, as it recovers from the disruption caused by recent hurricanes. In September, the hospital operator dealt with postponed procedures due to hurricanes Helene and Milton that hit some of its facilities in Florida, Georgia and North …
HCA Healthcare forecasts upbeat 2025 profit on strong medical care demand Read More »
(Reuters) -Howard Lutnick, President Donald Trump’s nominee to lead the Commerce Department, on Friday disclosed his financial holdings and assets ahead of a Senate hearing to confirm him for the role. Documents released by the U.S. Office of Government Ethics showed Lutnick, who is the CEO of brokerage firm Cantor Fitzgerald, earned nearly $200 million …
Howard Lutnick discloses assets ahead of confirmation as US commerce secretary Read More »
A look at the day ahead in U.S. and global markets from Mike Dolan The dollar fell to its lowest of the year as the Bank of Japan delivered a long-awaited interest rate rise on Friday, euro business unexpectedly returned to growth and President Donald Trump’s latest comments gave China a lift. The first week …
Morning Bid: Dollar swoons as BOJ hikes, euro zone grows, yuan relieved Read More »
