Suriname and Guyana plan to create a joint technical team to explore the development of natural gas production projects between the two South American countries, Suriname's oil minister told Reuters. ...

Core Insights - FirstEnergy announced a capital investment plan of $36 billion through 2030, indicating a strong commitment to infrastructure and growth in the utility sector [1] - The company reported a 4.3% increase in full-year profit, attributed to higher electricity rates, reflecting positive financial performance [1] Investment Plan - The capital investment plan of $36 billion is set to be executed by 2030, showcasing FirstEnergy's long-term strategy for development and modernization [1] Financial Performance - FirstEnergy's full-year profit rose by 4.3%, driven by increased electricity rates, which suggests a favorable market environment for utility companies [1]

Cadence beats quarterly profit and revenue estimates on strong AI-linked demand | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]The logo of Cadence Design Systems is pictured outside the company's offices in San Jose, California, U.S., January 31, 2020. Picture taken January 31, 2020. REUTERS/Stephen Nellis [Purchase Licensing Rights, opens new tab]Feb 17 (Reuters) - Cadence Design Systems [(CDNS.O), opens new tab] beat quarterly r ...

Kenvue beats quarterly estimates, announces job cuts amid Kimberly-Clark acquisition | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]The company logo for Kenvue Inc. Johnson & Johnson's consumer-health business, is displayed on during the company's IPO at the New York Stock Exchange (NYSE) in New York City, U.S., May 4,... [Purchase Licensing Rights, opens new tab] Read more- Companies[Kenvue Inc]Follow[Johnson & Johnson]Follow[Kim ...

Core Viewpoint - Palo Alto Networks has reduced its annual profit forecast due to increased costs from recent acquisitions aimed at enhancing AI capabilities, resulting in a 7% drop in shares during extended trading [1] Financial Performance - The company reported acquisition-related costs of $24 million in Q2, up from $10 million a year earlier [1] - Revenue for Q2 rose 15% to $2.59 billion, aligning with estimates [1] - Adjusted profit per share for Q2 was $1.03, surpassing estimates of 94 cents [1] Profit Forecast - The adjusted profit per share forecast for fiscal 2026 has been lowered to $3.65 to $3.70, down from the previous forecast of $3.80 to $3.90 [1] Revenue Forecast - Palo Alto raised its annual revenue forecast to between $11.28 billion and $11.31 billion, compared to earlier expectations of $10.50 billion to $10.54 billion [1] - The forecast for Q3 revenue is approximately $2.94 billion to $2.95 billion, exceeding analysts' average estimate of $2.60 billion [1] Acquisitions - The company announced the acquisition of Israeli cybersecurity startup Koi, following the purchase of CyberArk Software and Chronosphere [1] - The acquisitions are intended to expand the total addressable market and address AI-driven cyber threats [1]

Core Viewpoint - Ovintiv has agreed to sell its Anadarko assets in Oklahoma for $3 billion, focusing on higher-margin operations in the Permian Basin and Canada's Montney [1]. Company Summary - The sale is part of Ovintiv's strategy to concentrate capital in core, higher-return basins while divesting non-core assets to strengthen its balance sheet amid commodity price volatility [1]. - The transaction is expected to close early in the second quarter of 2026 [1]. Industry Context - North American producers are increasingly focusing on core assets with higher returns, reflecting a broader trend in the industry to enhance financial stability during periods of commodity price fluctuations [1].

US FTC finalizes consent order in Boeing acquisition of Spirit AeroSystems | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]The logo of Boeing is seen at the 55th International Paris Airshow at Le Bourget Airport near Paris, France, June 20, 2025. REUTERS/Benoit Tessier/Pool [Purchase Licensing Rights, opens new tab]- Companies[Boeing Co]FollowWASHINGTON, Feb 17 (Reuters) - The U.S. Federal Trade Commission on Tuesday said it finali ...

Alphabet self-driving unit Waymo on Tuesday defended its use of remote assistance personnel in the face of questions from Congress and said they have never been used to move robotaxis in on-road opera... ...

Berkshire Hathaway disclosed on Tuesday a new investment in the New York Times , marking its reentry into a sector that Warren Buffett abandoned in 2020 when he sold his conglomerate's newspaper busin... ...

Core Viewpoint - SGH Ltd and Steel Dynamics have made a final takeover bid of A$15 billion ($10.62 billion) for BlueScope Steel, offering A$32.35 per share, which is a 15.5% premium over their previous offer of A$30 per share [1]. Group 1: Offer Details - The new offer represents SGH and Steel Dynamics' best and final bid in the absence of a superior competing proposal for BlueScope Steel [1]. - The cash offer excludes dividends and is aimed at BlueScope shareholders [1]. Group 2: Financial Context - The total bid of A$15 billion translates to approximately $10.62 billion, with the exchange rate noted as $1 = 1.4118 Australian dollars [1].