Thomson Reuters Corp , parent of the Reuters News agency, reported higher-than-expected quarterly operating profit on Thursday and affirmed its 2019 and 2020 estimates.
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A global inquiry into how mining companies store billions of tonnes of waste in huge dams, launched after a collapse in Brazil killed hundreds, shows about a tenth of the structures have had stability issues, investors said on Thursday.
SNC-Lavalin Group Inc said on Thursday it named interim head Ian Edwards as its chief executive officer.
Pesticides and seeds producer Corteva Inc posted a smaller-than-expected quarterly loss on Thursday as seed sales jumped after historic floods in the U.S. Midwest delayed the spring planting season.
Thomson Reuters Corp , parent of the Reuters News agency, swung to a net loss in the third quarter, reflecting its stake in Refinitiv, but its revenue and operating profit rose.
Oil prices were broadly steady on Thursday despite bearish signals from rising U.S. crude oil stocks and weak factory activity in China.
Canadian plane and train maker Bombardier Inc used more cash than analysts had expected in the third quarter as it ramped up production of its flagship Global 7500 business jet and pushed back some train deliveries. The Montreal-based company is in the middle of a broader restructuring, shedding underperforming commercial plane programs to focus on its more profitable business jet and rail units. Bombardier free cash flow usage for the quarter ended Sept. 30 rose 84% to $682 million, compared with a year earlier. …read more […]
Cigna Corp raised its full-year earnings target, after reporting a better-than-expected quarterly profit that was driven by a jump in revenue from its health insurance unit and its Express Scripts pharmacy benefits business.
Denmark’s decision to approve the Nord Stream 2 pipeline strengthens Russia and weakens Europe, Ukrainian President Volodymyr Zelenskiy said on Thursday.
The former agricultural unit of DowDuPont also tightened its 2019 operating earnings per share forecast to between $1.20 and $1.26 per share, from its earlier estimate of $1.06 to $1.31. Net loss from continuing operations attributable to Corteva narrowed to $527 million, or 69 cents per share, in the third quarter ended Sept. 30, from $5.34 billion, or $7.13 per share, as the year earlier period included a $4.5 billion goodwill impairment charge. Excluding items, Corteva posted a loss of $0.39 per share. …read more […]
Pesticides and seeds producer Corteva Inc posted a smaller quarterly loss on Thursday as historic floods in the U.S. Midwest delayed the spring planting season, pushing seed sales into the third quarter.
World stocks edged to their highest in 20 months on Thursday after the Federal Reserve cut rates even as it signaled it would hold back from further reductions, sending bond yields and the dollar down.
Brazil’s second largest private-sector lender Banco Bradesco SA on Thursday posted a third-quarter recurring net income in line with expectations, helped by strong insurance results and consumer lending. Bradesco’s recurring profit came in at 6.542 billion reais ($1.64 billion) in the third quarter, up 19.6% from a year earlier and roughly in line with a Refinitiv analysts’ estimate of 6.417 billion reais. The bank’s insurance unit posted a result 7.5% higher from a year earlier, boosted by retirement plans. …read more […]
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