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U.S. Bancorp to buy financial services firm BTIG in up to $1 billion deal
Reuters· 2026-01-13 13:06
Core Viewpoint - U.S. Bancorp is acquiring financial services firm BTIG for a deal valued at up to $1 billion to enhance its capital markets presence [1] Group 1: Acquisition Details - The acquisition is part of U.S. Bancorp's strategy to strengthen its position in the capital markets [1] - The total value of the deal is up to $1 billion [1]
UBS executives seen as most likely to follow Ermotti as CEO
Reuters· 2026-01-13 13:03
Core Insights - UBS CEO Sergio Ermotti is expected to step down in April 2027 after completing the integration of Credit Suisse [1] Company Summary - Sergio Ermotti has been a veteran banker at UBS and is overseeing the integration process of Credit Suisse [1]
Norway awards 57 drilling permits in offshore oil, gas exploration round
Reuters· 2026-01-13 12:28
Core Insights - Norway has awarded stakes in 57 offshore oil and gas exploration licenses to 19 companies during its annual licensing round [1] Group 1 - The licensing round is a significant event in Norway's energy sector, reflecting ongoing interest and investment in offshore exploration [1] - The announcement was made by Norway's energy minister at an industry conference, indicating the importance of this event for stakeholders [1]
Construction tech firm EquipmentShare.com aims to raise $777.8 million in US IPO
Reuters· 2026-01-13 12:03
Group 1 - EquipmentShare.com is aiming to raise up to $777.75 million in its U.S. initial public offering [1]
Cardinal Health raises 2026 profit forecast
Reuters· 2026-01-13 11:58
Core Viewpoint - Cardinal Health has raised its forecast for 2026 adjusted profit to at least $10 per share, up from the previous estimate of $9.65 to $9.85 per share [1] Summary by Category - **Company Forecast** - The company now projects adjusted profit for 2026 to be at least $10 per share, indicating a positive outlook compared to the earlier range of $9.65 to $9.85 per share [1]
JPMorgan profit falls on one-time Apple card deal charge
Reuters· 2026-01-13 11:45
JPMorgan Chase's profit fell in the fourth quarter as it took a one-time charge tied to its agreement with Goldman Sachs to take over a credit card partnership with Apple. ...
Delta forecasts earnings growth on premium travel demand, places Boeing 787 order
Reuters· 2026-01-13 11:39
Core Viewpoint - Delta Air Lines projects approximately 20% earnings growth by 2026, driven by robust consumer and corporate demand along with increasing sales in premium travel [1] Group 1: Financial Forecast - The company anticipates strong earnings growth of around 20% by 2026 [1] - This growth is attributed to heightened consumer and corporate demand [1] Group 2: Fleet Expansion - Delta has agreed to purchase 30 Boeing 787-10 aircraft to enhance its long-haul fleet [1]
Airbus names new CEO at Helicopters unit
Reuters· 2026-01-13 11:10
Core Viewpoint - Airbus has appointed Matthieu Louvot as the new CEO of its helicopters business, effective from April [1] Group 1 - The appointment of Matthieu Louvot signifies a strategic leadership change within Airbus's helicopters division [1]
Russia counters Trump's assertion over oil in Venezuela
Reuters· 2026-01-13 11:06
Core Viewpoint - Russia asserts that the oil assets it develops in Venezuela are owned by Russia, emphasizing its commitment to continue operations in the country despite U.S. President Donald Trump's claims of control over Venezuela [1] Group 1 - Russia's position on oil assets in Venezuela is clear: they belong to Russia [1] - The statement comes in response to U.S. claims regarding control over Venezuela [1] - Moscow reaffirms its intention to maintain its operations in Venezuela [1]
Clock ticks in Cuba as Trump cuts off Venezuelan oil
Reuters· 2026-01-13 11:04
Core Viewpoint - The U.S. President's decision to cut off Venezuelan oil supplies to Cuba is expected to exacerbate the existing crises on the island, which is already facing severe blackouts and shortages [1] Group 1: Impact on Cuba - Cuba is preparing for significant challenges as the U.S. aims to halt Venezuelan oil shipments, which are crucial for the island's energy needs [1] - The situation is described as a "siege scenario," indicating a severe tightening of resources that could lead to further instability [1] Group 2: Current Conditions in Cuba - The island is currently experiencing crippling blackouts and shortages, which are likely to worsen with the reduction of oil supplies from Venezuela [1]