Meta reboots smartwatch plan, aims debut in 2026, the Information reports | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]The logo of Meta is seen during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 12, 2025. REUTERS/Benoit... [Purchase Licensing Rights, opens new tab] Read more- Companies[EssilorLuxottica SA]Follow[Meta Platforms Inc]FollowFeb 1 ...

Group 1 - Atlassian has appointed James Chuong as its new Chief Financial Officer, effective March 30, succeeding Joe Binz [1] - James Chuong previously served as the finance chief at LinkedIn, a subsidiary of Microsoft [1] - Chuong has a background in investment banking, having worked at prominent firms such as J.P. Morgan, Citigroup, and Bank of America Securities [1] Group 2 - Joe Binz announced his retirement from the CFO role, effective June 30 [1]

Molson Coors forecasts sharp drop in 2026 profit as aluminum costs bite | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Miller Lite beer bottles are seen for sale at a store in Manhattan, New York, U.S., April 29, 2016. REUTERS/Shannon Stapleton/File Photo [Purchase Licensing Rights, opens new tab]Feb 18 (Reuters) - Beer maker Molson Coors [(TAP.N), opens new tab] forecast a sharp drop in annual profit on Wednesday, hurt by higher ...

Edison International beats quarterly profit estimates on lower interest costs, higher electricity rates | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Feb 18 (Reuters) - Edison International [(EIX.N), opens new tab] reported a better-than-expected profit for the fourth quarter on Wednesday, aided by higher electricity rates and a reduction in interest costs tied to wildfirerelated cost-recovery approvals.Shares of the company were ...

Madison Square Garden Sports shares hit record high as it explores Knicks, Rangers spinoff | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Madison Square Garden building in New York , August 3, 2012. REUTERS/Charles Platiau [Purchase Licensing Rights, opens new tab]NEW YORK, Feb 18 (Reuters) - Shares of Madison Square Garden Sports [(MSGS.N), opens new tab] rose more than 16% to hit a record high on Wednesday after the company said ...

India's Bharat Petroleum, HPCL Mittal buy Venezuelan oil, sources say | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]A Bharat Petroleum fuel station is pictured in Gurugram, India, June 4, 2025. REUTERS/Priyanshu Singh [Purchase Licensing Rights, opens new tab]- Companies[Bharat Petroleum Corporation Ltd]Follow[Hpcl-Mittal Energy Limited]Follow[Hindustan Petroleum Corp Ltd]FollowShow more companiesNEW YORK/NEW DELHI, Feb 18 (Reute ...

US judge rejects Live Nation bid to dismiss antitrust lawsuit over ticket pricing | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Item 1 of 2 A Live Nation sign and office building stand along Hollywood Blvd, after the U.S. Department of Justice and a group of states filed an antitrust lawsuit against Live Nation Entertainment, in Los Angeles, California, U.S., May 23, 2024. REUTERS/Mike Blake[1/2]A Live Nation sign and office buil ...

Australia's Wesfarmers shares slide as high living costs temper second-half start | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]An employee of Bunnings, which is part of the Wesfarmers retail conglomerate, walks down an aisle at a store in Sydney, Australia February 17, 2022. REUTERS/Stephen Coates [Purchase Licensing Rights, opens new tab]- Companies- Summary- Interim dividend lifted to 102 Australian cents- Bunnings, Kmart, Wes ...

EBay forecasts first-quarter revenue above estimates | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Ebay logo is seen in this illustration taken February 11, 2025. REUTERS/Dado Ruvic/Illustration [Purchase Licensing Rights, opens new tab]- Companies[Depop Limited]Follow[eBay Inc]Follow[ETSY Inc]FollowFeb 18 (Reuters) - EBay Inc [(EBAY.O), opens new tab] forecast first-quarter revenue above Wall Street estimates on Wednesday, signa ...

Core Insights - Figma forecasts annual revenue exceeding Wall Street expectations, driven by strong design momentum and user base expansion efforts, resulting in a 15% increase in shares during extended trading [1] Company Performance - Figma anticipates 2026 revenue between $1.36 billion and $1.37 billion, surpassing estimates of $1.29 billion [1] - Fourth-quarter revenue reached $303.8 million, exceeding estimates of $293.2 million, with an adjusted earnings per share of 8 cents compared to the expected 7 cents [1] - The company projects first-quarter revenue between $315 million and $317 million, while analysts expected $291.9 million [1] Strategic Initiatives - Figma is leveraging generative artificial intelligence as a strategic tool to differentiate itself in a competitive market dominated by Adobe [1] - The company is also exploring acquisitions to enhance its product offerings [1] Financial Context - Figma's operating expenses nearly tripled in the fourth quarter, attributed to stock-based compensation calculations [1] - The company went public in July last year, experiencing a 250% increase on its first trading day, but has since seen its stock decline by approximately 80% [1]