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Halliburton beats estimates for fourth-quarter profit
Reuters· 2026-01-21 11:51
Halliburton surpassed Wall Street expectations for fourth-quarter profit on Wednesday, on the back of steady demand for its services and equipment in international markets. ...
Danone says it blocked batch of infant formula on request of Singapore regulator
Reuters· 2026-01-21 11:36
Core Viewpoint - Danone has blocked a batch of infant formula intended for the Singaporean market at the request of the Singapore Food Agency (SFA) [1] Company Summary - Danone is a French food manufacturer that has taken precautionary measures regarding its infant formula products [1] Industry Summary - The action taken by Danone highlights the regulatory oversight in the food industry, particularly concerning infant nutrition products [1]
Johnson & Johnson forecasts 2026 profit above Wall Street estimates
Reuters· 2026-01-21 11:23
Johnson & Johnson on Wednesday forecast 2026 sales and profit ahead of Wall Street estimates, even when including a hit of "hundreds of millions of dollars" from the drug pricing deal it signed with... ...
Ryanair says fares might rise 2-4% in coming 12 months
Reuters· 2026-01-21 11:14
Core Viewpoint - Ryanair's average fares are expected to increase by 2% to 4% in the coming year, alongside a rise in passenger numbers [1] Summary by Categories Company Insights - Ryanair's Chief Executive, Michael O'Leary, provided insights on fare increases and passenger growth [1]
TE Connectivity forecasts upbeat second-quarter profit on strong AI tools demand
Reuters· 2026-01-21 11:09
Core Viewpoint - TE Connectivity projected second-quarter profit above Wall Street estimates, driven by increased demand for AI-related tools and products [1] Company Summary - TE Connectivity is an electronic component maker that is experiencing a surge in demand for its AI-related offerings [1]
US Supreme Court considers Trump's bid to fire Fed's Lisa Cook
Reuters· 2026-01-21 11:02
Core Viewpoint - The U.S. Supreme Court is preparing to evaluate President Donald Trump's attempt to dismiss Federal Reserve Governor Lisa Cook, which raises questions about the extent to which the justices will go to maintain the independence of the central bank [1] Group 1 - The case represents an unprecedented challenge to the authority of the President over the Federal Reserve [1] - The outcome may have significant implications for the future governance and operational independence of the Federal Reserve [1] - The justices' decision could set a precedent regarding the limits of executive power in relation to independent regulatory agencies [1]
Bessent says Deutsche Bank CEO called to distance bank from analyst's Greenland report
Reuters· 2026-01-21 10:43
Core Viewpoint - Deutsche Bank's chief executive communicated with U.S. Treasury Secretary Scott Bessent, indicating that the bank does not support one of its analyst reports that suggested European investors may be facing challenges [1] Group 1 - The communication from Deutsche Bank's CEO to the U.S. Treasury Secretary highlights a significant concern regarding the credibility of the bank's analyst reports [1] - The specific report in question raised issues about the outlook for European investors, which may impact market perceptions and investor confidence [1]
Ryanair would welcome Musk investment says O'Leary as spat continues
Reuters· 2026-01-21 10:21
Core Viewpoint - Ryanair's CEO Michael O'Leary expressed openness to an investment from Elon Musk, indicating that the ongoing public exchange between them has positively impacted the airline's visibility and brand [1] Group 1 - O'Leary's comments suggest that the interaction with Musk has been beneficial for Ryanair, potentially enhancing its market presence [1] - The airline is positioned to leverage high-profile discussions to attract attention and possibly investment [1]
Netflix defends Warner Bros bid as shares drop on tepid results
Reuters· 2026-01-21 10:12
Core Viewpoint - YouTube has evolved beyond just user-generated content and cat videos, indicating a shift in the platform's content strategy and positioning in the media landscape [1] Group 1 - Netflix CEO Ted Sarandos highlighted the changing nature of YouTube, suggesting that it is now a more diverse platform with a broader range of content [1]
No matter who buys Warner Bros, JPMorgan and Allen & Co win with $180 million in M&A fees
Reuters· 2026-01-21 10:07
Group 1 - The bidding war between Netflix and Paramount Skydance for Warner Bros Discovery is highlighting clear winners in the financial advisory space, specifically JPMorgan and Allen & Company [1] - JPMorgan and Allen & Company are positioned as key advisors in the ongoing negotiations and potential transactions related to Warner Bros Discovery [1] - The competition between Netflix and Paramount Skydance indicates a significant interest in acquiring Warner Bros Discovery, which may lead to substantial financial implications for the involved parties [1]