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Drax Profit Rises on Reduced Costs, Sees Earnings in Line With Market Views

By Michael Susin Drax Group said pretax profit rose supported by lower costs, and raised its dividend payout. The U.K. power-generation company said Thursday...

Michael-susin , Drax-group , Article-normal , Energy , Electricity-gas-utilities , Electric-power-generation , Fossil-fuel-power-generation , Electric-utilities , Utilities , Financial-performance , Earnings , Corporate-industrial-news

Puma to Boost Payouts to Shareholders

By Adria Calatayud Puma said it plans to increase its ratio of payouts to shareholders to up to half of net profits through dividends and share buybacks, due...

Germany , German , Adria-calatayud , Article-normal , Footwear , Clothing-textiles , Consumer-goods , Financial-performance , Earnings , Dividends , Corporate-actions

SEC reportedly probing OpenAI's Sam Altman

The Securities and Exchange Commission is reportedly investigating whether Sam Altman has to whether he misled OpenAI’s small coterie of wealthy investors.

Sam-altman , Exchange-commission , Microsoft , Wall-street-journal , Article-normal , Artificial-intelligence-technologies , Technology , Corporate-industrial-news , Artificial-intelligence-machine-learning , Political-general-news , Computer-science , Sciences-humanities

GXO Logistics Makes $965 Mln Bid for Wincanton, Heating Up Bidding War

By Najat Kantouar GXO Logistics said it made a 762 million-pound ($964.9 million) cash offer for Wincanton, heating up a bidding fight with CMA CGM...

Najat-kantouar , Cma-cgm , Dow-jones , Monday-wincanton , Article-normal , Marine-transport , Freight-transport-logistics , Water-transport-shipping , Transportation-logistics , Financial-performance , Share-price-movement-disruptions , Corporate-industrial-news

Snowflake, Salesforce, C3.ai, Okta, Duolingo, AMC, Shoals, and More Movers

Snowflake’s revenue outlook for the fiscal first quarter and year misses analysts’ expectations, Salesforce’s fiscal 2025 revenue forecast comes up light,...

Federal-reserve , York-stock-exchange , New-york-stock-exchange , New-york-stock , Article-normal , Computers-consumer-electronics , Software , Applications-software , Artificial-intelligence-technologies , Motor-vehicles , Passenger-cars

The Bud Light troubles at Anheuser Busch InBev continue as it redefines target for Argentina hyperinflation

The boycott of Bud Light by U.S. consumers continues, its parent company Anheuser-Busch InBev reported Thursday.

Argentina , United-states , American , Donald-trump , Dylan-mulvaney , James-edwardes-jones , Anheuser-busch-inbev , Bud-light , President-donald-trump , North-american , Visible-alpha

Six Flags swings to Q4 loss as revenue lags consensus

The company is still expecting the Cedar Fair deal to close in the first half. The deal is valued at about $8 billion including debt and will create a new...

Selim-bassoul , Six-flags-entertainment-inc , Six-flags-entertainment , Cedar-fair , Article-normal , Entertainment-venues , Amusement-theme-parks , Leisure-arts , Financial-performance , Earnings , Sales-figures

Malaysia's KLCI index swings to increase

Malaysian stocks reversed a one-day falling streak Thursday, with the benchmark FTSE Bursa Malaysia KLCI adding 0.4% to 1,551.44. Gamuda a real...

Malaysia , Malaysian , Inari-amertron , Tenaga-nasional , Gamuda , Article-normal , Diversified-holding-companies , Business-consumer-services , Financial-performance , Share-price-movement-disruptions , Corporate-industrial-news , Equity-markets

Opinion: Why the 'golden age' of retirement is a lie

America faces huge retirement challenges, but it’s hardly going to help us get to where we are going if we can’t even agree where we are, let alone where we...

Kazakhstan , United-states , America , American , Americans , Bernie-sanders , Congressional-research-service , Organization-for-economic-cooperation , Mercedes , Senate-health , Capitol-hill , Retirement-income-security-act

Sweden's Nordic Capital buys New York software maker ActiveViam

ActiveViam offers software that helps financial institutions manage risk

Kathy-perrotte , Nordic-capital , New-york-based , Quartet-financial , Technology , Software , Deals , Trusts-funds-financial-vehicles , Private-equity , Alternative-investments , Financial-services