Reuters
Search documents
Prosperity Bancshares to buy Stellar Bancorp in $2 billion deal
Reuters· 2026-01-28 11:38
Group 1 - Prosperity Bancshares announced the acquisition of Stellar Bancorp in a deal valued at $2 billion, which will be executed through a combination of cash and stock [1]
Russia hunts for new naphtha markets as key buyers pull back
Reuters· 2026-01-28 11:37
Core Viewpoint - Russia's naphtha exports to Asia are expected to decline in January due to increased storage volumes and U.S. sanctions impacting key buyers such as Taiwan, India, and Venezuela, prompting Moscow to explore new markets [1] Group 1: Export Trends - Naphtha exports from Russia to Asia are projected to decrease in January [1] - Storage volumes of naphtha are rising as a result of sanctions [1] Group 2: Impact of Sanctions - U.S. sanctions are pressuring major buyers including Taiwan, India, and Venezuela [1] - The sanctions are forcing Russia to seek alternative markets for its naphtha [1]
Irish retail sales post first annual decline in nine months in December
Reuters· 2026-01-28 11:35
Core Viewpoint - Irish retail sales volumes experienced a year-on-year decline of 0.1% in December, marking the first annual drop in nine months and a significant decrease from the revised annual growth of 2.1% in the previous month [1] Group 1 - The decline in retail sales volumes indicates a potential slowdown in consumer spending in Ireland [1] - The data was released by the Central Statistics Office, highlighting the importance of monitoring economic indicators for investment decisions [1]
London's FTSE 100 falls as healthcare, bank stocks decline
Reuters· 2026-01-28 11:33
Core Viewpoint - The UK's blue-chip index experienced a decline due to losses in the banking and healthcare sectors, as investors analyzed corporate earnings and awaited the U.S. Federal Reserve's policy decision [1] Group 1: Market Performance - The decline in the blue-chip index was primarily influenced by negative performance in the banking sector [1] - Healthcare stocks also contributed to the overall losses in the index [1] Group 2: Investor Sentiment - Investors are currently focused on corporate earnings reports, indicating a cautious approach to market movements [1] - The anticipation of the U.S. Federal Reserve's policy decision is affecting investor sentiment and market dynamics [1]
AT&T bets on fiber, spectrum deals to forecast annual profit above expectations
Reuters· 2026-01-28 11:29
Core Viewpoint - AT&T has forecasted annual profit exceeding market expectations, driven by its expansion in wireless and fiber networks to meet the increasing demand for 5G and high-speed internet services [1] Group 1: Financial Performance - The company anticipates strong financial performance due to its strategic investments in network infrastructure [1] - The forecast indicates a positive outlook for profitability, suggesting robust demand in the telecommunications sector [1] Group 2: Market Demand - There is a growing demand for 5G and high-speed internet services, which AT&T aims to capitalize on through its network expansion [1] - The expansion of wireless and fiber networks is expected to position the company favorably in the competitive landscape [1]
Texas Instruments shares jump as first-quarter outlook signals robust AI data center demand
Reuters· 2026-01-28 11:27
Core Viewpoint - Texas Instruments' shares increased by 7% in premarket trading due to a positive quarterly forecast, indicating strong demand for chips driven by the AI data center boom, extending beyond Nvidia's advanced processors [1] Group 1 - Texas Instruments reported a quarterly forecast that reflects robust growth in demand for semiconductors [1] - The surge in demand is attributed to the AI data center boom, highlighting a shift in the semiconductor market dynamics [1] - The performance of Texas Instruments suggests a competitive landscape where demand for chips is not solely reliant on Nvidia's offerings [1]
LNG buyers prioritising supply security over price, TotalEnergies executive says
Reuters· 2026-01-28 11:26
Core Insights - Global instability is leading liquefied natural gas (LNG) buyers to prioritize energy security over pricing considerations, as stated by an executive from TotalEnergies [1] Industry Summary - The current geopolitical climate is influencing LNG purchasing strategies, with a shift towards ensuring reliable energy supplies rather than focusing solely on cost [1] - TotalEnergies emphasizes the importance of energy security in the context of fluctuating global markets and potential supply disruptions [1]
GE Vernova forecasts revenue above estimates on strong demand for power equipment
Reuters· 2026-01-28 11:25
GE Vernova on Wednesday forecast annual revenue above Wall Street expectations, backed by strong sales of its gas turbines and storage equipment to power generation firms that are rushing to meet risi... ...
Britain gives $28 million grant to save Vestas Isle of Wight wind turbine factory
Reuters· 2026-01-28 11:23
Group 1 - The British government will provide a grant of 20 million pounds (approximately $27.56 million) to Vestas' Isle of Wight wind turbine plant [1] - This financial support is expected to save around 300 jobs at the facility [1]
Walmart boosts pharmacy pay, elevates 3,000 roles in healthcare push
Reuters· 2026-01-28 11:21
Core Insights - Walmart has elevated 3,000 pharmacy technician roles to operations team lead positions, increasing their average hourly wages from $22 to $28 [1] Company Actions - The company is expanding its digital operations, which is reflected in the elevation of pharmacy technician roles [1]