Investing.com -- Meta Platforms (NASDAQ: META ), the parent company of Facebook, has announced plans to conduct company-wide layoffs next week, while simultaneously speeding up the hiring process for ...
Advanced Micro Devices Inc (NASDAQ: AMD) tumbled Wednesday after Citi downgraded the stock from Buy to Neutral, citing slowing AI growth, weaker margin leverage, and concerns over inventory buildup.
Investing.com -- S&P Global (NYSE: SPGI) Ratings has affirmed its 'BB/B' long- and short-term sovereign credit ratings on the Government of Georgia, maintaining a stable outlook. The rating agency ...
The proposed transaction is viewed as a distressed exchange by S&P Global because investors would receive less than what was initially promised. If this transaction is completed, it will be treated as ...
The news suggests that a deal could be reached in the coming weeks, although Conduent has not publicly commented on the matter. The company, which was spun off from Xerox (NYSE:NASDAQ: XRX) in 2016, ...
New Delhi, Feb 8 (IANS) Assam Chief Minister Himanta Biswa Sarma on Friday met Vice-President Jagdeep Dhankhar in the ...
The controversy stems from PhRMA's statement claiming the ad misrepresents the safety and efficacy of Hims and Hers' products and may violate marketing rules. Additionally, two US senators expressed ...
"Our updated view is for no change in the fed funds rate during 2025 with it likely to remain in the 4.25 to 4.5% range. Previously we had suggested there would be just one further 25 bps cut in ...
Corporation (NASDAQ: VREX) dropped 19% as the company's first-quarter revenue fell short of Wall Street expectations. Despite posting a slight earnings per share (EPS) beat, the company's revenue for ...
S&P Global (NYSE: SPGI) has revised its outlook for O-I Glass (NYSE: OI) Inc. from positive to stable, citing marked underperformance in 2024 due to decreasing volumes and lower net prices. The ...
In addition, Flowers Foods' free operating cash flow (FOCF) is expected to improve from about $280 million in 2024 to $300 million in 2025, and further to $360 million in 2026. This improvement is ...