NEW YORK (Reuters Breakingviews) - Morgan Stanley boss James Gorman has stolen a march on David Solomon at Goldman Sachs. His $13 billion all-share deal to buy online brokerage E*Trade Financial gives Morgan Stanley more stable revenue, higher returns and cheaper funding
Japan's annual core consumer inflation picked up only slightly in January, keeping the Bank of Japan under pressure to maintain its massive monetary stimulus to support a fragile economy saddled with weak growth and prices.
Saudi Arabia said on early Friday it had intercepted and destroyed several ballistic missiles launched by Houthi militia towards Saudi cities, state news agency SPA quoted the Saudi-led coalition fighting the Iran-aligned group as saying.
Rogers Corp. (ROG) came out with quarterly earnings of $1.14 per share, beating the Zacks Consensus Estimate of $1.06 per share. This compares to earnings of $1.67 per share a year ago. These figures are adjusted for non-recurring items.
Nabors Industries (NBR) came out with a quarterly loss of $0.24 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.25 per share a year ago. These figures are adjusted for non-recurring items.
DMC Global (BOOM) came out with quarterly earnings of $0.65 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.46 per share a year ago. These figures are adjusted for non-recurring items.
(RTTNews) - T-Mobile US, Inc. (TMUS) and Sprint Corp. (S) have entered into an amendment to their business combination agreement. A separate arrangement entered into by SoftBank Group Corp. in connection with the amendment will result in an effective exchange ratio of approximat
(RTTNews) - Mining giant Rio Tinto Thursday said its Mongolian subsidiary Oyu Tolgoi LLC has initiated a formal international arbitration process to settle a dispute with the Mongolian Tax Authority related to taxes paid by Oyu Tolgoi between 2013 and 2015.
Twitter Inc said on Thursday that it was testing a new community moderation approach that would enable users to identify misleading information posted by politicians and public figures and add brightly colored labels under those tweets.
(RTTNews) - 3M (MMM) and Wolverine World Wide, Inc. have reached an agreement to address PFAS in the environment in Michigan's Plainfield and Algoma Townships. The agreement resolves legal claims between the two companies and pertains only to the lawsuit between Wolverine and 3M
(RTTNews) - AptarGroup, Inc. (ATR) said it expects earnings per share for the first quarter, excluding any restructuring costs and acquisition-related expenses, to be in the range of $0.85 to $0.93. Analysts polled by Thomson Reuters expect the company to report profit per share