Core Viewpoint - Waters expects first-quarter profit to fall below Wall Street estimates, leading to a nearly 12% decline in shares during premarket trading as investors reacted to the outlook and revenue decline at the Becton Dickinson unit acquired last year [1] Company Summary - Waters anticipates a decrease in first-quarter profit, which is projected to be lower than analysts' expectations [1] - The company's shares experienced a significant drop of nearly 12% in premarket trading following the announcement [1] - The revenue decline is attributed to the Becton Dickinson unit that Waters acquired last year, impacting overall performance [1]

Core Insights - Loews Corp reported weakness across most of its business units, particularly in its flagship insurance business, attributed to softer underwriting practices, although this was partially mitigated by returns on investments [1] Business Performance - The insurance business of Loews Corp experienced a decline due to weaker underwriting performance [1] - Returns on investments provided some offset to the overall weakness in business units [1]

Core Viewpoint - HoldCo Asset Management has decided not to pursue proxy fights at KeyCorp or Eastern Bancshares after both regional banks agreed to the main changes proposed by the activist investor [1] Group 1 - HoldCo Asset Management is an activist investor that has been pressing for changes at KeyCorp and Eastern Bancshares [1] - The decision to not pursue proxy fights indicates a resolution between HoldCo and the two banks [1] - The changes agreed upon by KeyCorp and Eastern Bancshares are significant enough to satisfy HoldCo's demands [1]

Apollo Global Management is nearing a deal to lend about $3.4 billion to an investment vehicle that will purchase Nvidia chips and lease them to Elon Musk's xAI, the Information reported on Monday, ci... ...

Mozambique's government is doing "everything that is required" to make sure that South32's Mozal aluminium smelter stays open, mineral resources and energy minister Estevao Pale said on Monday. ...

The Trump administration is trying to make it harder for fired federal employees to get their jobs back, according to a government plan released on Monday, by limiting their right to appeal their dismissal to an independent board. ...

Core Viewpoint - Chinese automaker BYD has initiated a lawsuit against the U.S. government, contesting President Donald Trump's authority to impose tariffs and seeking a refund for all levies paid [1] Group 1: Company Actions - BYD is challenging the legality of the tariffs imposed by the U.S. government, which it argues are excessive and unjustified [1] - The lawsuit aims to recover all tariffs that BYD has previously paid, indicating a significant financial impact on the company [1] Group 2: Industry Implications - The legal action taken by BYD may set a precedent for other automakers facing similar tariff challenges, potentially influencing the broader automotive industry [1] - The outcome of this lawsuit could affect trade relations between the U.S. and China, particularly in the automotive sector, which is heavily impacted by tariff policies [1]

Alphabet is looking to raise about $15 billion from a U.S. high-grade dollar bond sale, Bloomberg News reported on Monday, citing people with knowledge of the matter. ...

Core Viewpoint - Medical device maker Becton Dickinson has revised its profit forecast for fiscal year 2026, reflecting the impact of the separation and sale of its biosciences and diagnostics unit [1] Group 1 - The company has adjusted its outlook to account for the recent strategic changes involving its biosciences and diagnostics unit [1]

Core Viewpoint - Shell is projected to face a production shortfall of 350,000 to 800,000 barrels of oil equivalent per day by 2035 due to maturing fields, necessitating an acquisition or exploration breakthrough to compensate for this decline [1] Production Outlook - The expected production shortage is attributed to the inability of maturing fields to meet future demand [1] - The range of anticipated shortfall highlights the urgency for Shell to explore new opportunities or acquisitions to maintain production levels [1] Strategic Needs - To address the production decline, Shell must focus on either acquiring new assets or achieving significant breakthroughs in exploration [1] - The company’s strategy will likely need to adapt to ensure sustainable production levels in the coming years [1]