Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Teva Pharm first quarter profit meets estimates, reaffirms 2021 outlook
JERUSALEM (Reuters) - Israel-based Teva Pharmaceutical Industries reported first-quarter profit that met estimates on Wednesday and said it was on track to meet its 2021 targets due to growth in Hunti...
Apr 28, 2021
Auto parts maker Dana tops profit on light-truck, commercial vehicle demand
(Reuters) -Dana Inc beat Wall Street estimates for first-quarter profit and revenue as the auto parts maker benefited from strength in the light-truck and commercial vehicle market at a time when the ...
Apr 28, 2021
CME Group beats profit estimates on lower expenses
(Reuters) -Futures exchange operator CME Group Inc beat first-quarter profit estimates on Wednesday, as lower expenses more than offset sluggish demand for some of its top products that allow investor...
Apr 28, 2021
KFC parent Yum Brands beats comparable sales estimates on easing pandemic curbs
(Reuters) - KFC owner Yum Brands Inc beat quarterly comparable sales estimates on Wednesday, boosted by the U.S. economy reopening and sustained demand from consumers ordering online. The roll-out of ...
Apr 28, 2021
GSK beats profit expectations, to detail separation plan in June
(Reuters) - GSK topped analysts' expectations for first-quarter earnings as more people visited clinics for routine shots once COVID-19 curbs eased, adding on Wednesday that plans to split into two we...
Apr 28, 2021
Health insurer Humana beats profit estimates on Medicare Advantage strength
(Reuters) -Humana Inc on Wednesday beat Wall Street estimates for quarterly profit, benefiting from higher sales of its Medicare advantage plans for the elderly and people with disabilities. Humana in...
Apr 28, 2021
Tesla records $27 million in impairment losses on bitcoin investment
(Reuters) - Tesla Inc recorded $27 million of impairment losses on its bitcoin investment, the electric carmaker said in a filing on Wednesday. (https://bit.ly/2PtMZ5A) (Reporting by Subrat Patnaik in...
Apr 28, 2021
Honda to suspend three Japanese plants in May due to chip shortage
TOKYO (Reuters) - Honda Motor Co will suspend three plants in Japan as many as six days in May due to a chip shortage, a spokesman said on Wednesday. Honda will suspend two plants in Saitama Prefectur...
Apr 28, 2021
TD Bank trial in $4.5 billion Stanford Ponzi scheme lawsuit ends
By Nichola Saminather TORONTO (Reuters) - The three-month trial of a lawsuit against Toronto-Dominion Bank, in which the liquidators of the collapsed Antigua bank of former Texas financier Robert Alle...
Apr 28, 2021
Analysis: DIY deals- How private equity firms buy assets from themselves
By Chibuike Oguh (Reuters) - What's a fair price when you are selling something to yourself? On Wall Street, that's not a trick question. A growing number of private equity firms are establishing new ...
Apr 28, 2021
