Stellantis issues 'Do Not Drive' alert for 225,000 older US vehicles | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]The logo of Stellantis sits on the company's building in Poissy, near Paris, France, February 26, 2025. REUTERS/Stephanie Lecocq [Purchase Licensing Rights, opens new tab]- Companies[Stellantis NV]Follow[Takata Corp - 7312.T - DELISTED]FollowWASHINGTON, Feb 11 (Reuters) - Chrysler-parent Stellantis on Wednesday issue ...

Group 1 - Activist investor Elliott Management has acquired a stake in the London Stock Exchange Group [1] - Elliott Management is engaging with the London Stock Exchange Group to enhance its performance [1]

Core Insights - Unity Software's shares fell nearly 30% following a forecast for first-quarter revenue that was below Wall Street expectations, indicating weak demand for its software products [1] Company Summary - Unity Software is a videogame engine maker that has recently experienced a significant drop in its stock price due to disappointing revenue forecasts [1] - The company's forecast suggests challenges in meeting market expectations, which may reflect broader trends in the gaming industry [1] Industry Summary - The decline in Unity Software's stock may signal sluggish demand within the videogame industry, potentially impacting other companies in the sector [1] - The forecasted revenue shortfall could indicate a cooling market for videogame development tools and engines, which may affect investment sentiment in the industry [1]

Core Insights - Apptronik, a humanoid robotics startup, raised $520 million in a funding round supported by investors such as Google and Mercedes-Benz [1] Company Summary - The funding will aid Apptronik in its efforts to commercialize its robotics technology [1]

Group 1 - BMW is recalling hundreds of thousands of cars, as reported by the newspaper Bild, citing the German premium carmaker [1]

Core Insights - NiSource narrowly beat Wall Street expectations for fourth-quarter profit while reaffirming its 2026 earnings forecast and a robust capital spending roadmap to meet rising commercial power demand [1] Financial Performance - The company reported a fourth-quarter profit that exceeded Wall Street expectations, indicating strong financial performance [1] Future Outlook - NiSource reaffirmed its earnings forecast for 2026, suggesting confidence in future profitability and growth [1] - The company outlined a robust capital spending roadmap aimed at addressing increasing commercial power demand, indicating a proactive approach to future challenges [1]

Core Insights - Tower Semiconductor, an Israeli contract chipmaker, exceeded Wall Street expectations for its fourth-quarter profit, driven by strong demand for its chips used in fast data transmission for artificial intelligence applications [1] Financial Performance - The company reported a profit that surpassed analysts' forecasts, indicating robust financial health and effective management in a competitive market [1] Market Demand - There is a notable increase in demand for Tower Semiconductor's products, particularly in the artificial intelligence sector, which is contributing to its financial success [1]

OPEC on Wednesday forecast world oil demand for crude from the wider OPEC+ producer group will drop by 400,000 barrels per day in the second quarter from the first three months of this year, a copy of... ...

Agibank said on Wednesday it had raised $240 million in its New York initial public offering, the second Brazilian fintech to tap U.S. capital markets in recent weeks. ...

Core Viewpoint - The CEO of BNP Paribas Bank Polska emphasizes the need for Polish lenders to avoid a "murderous" price war in the competitive loan market, as it could lead to unprofitable lending practices [1] Group 1: Industry Competition - Polish lenders are currently facing heightened competition for loans, which is prompting concerns about aggressive pricing strategies [1] - The CEO warns that a price war could undermine the profitability of lending operations within the industry [1]