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French ophthalmic company EssilorLuxottica (ESLOF.PK, ESLOY.PK) announced Tuesday that it has signed an exclusive license agreement with Austrian Jewellery and Accessory Brand Swarovski for the design, manufacture and worldwide distribution of Swarovski Eyewear. The deal will be effective until December...

United Microelectronics Corp. (UMC) reported Tuesday that its net sales for the month of November 2022 climbed 14.67 percent to NT$22.55 billion from last year's NT$19.66 billion. For the year -to-date period from January 2022 to November 2022, net sales grew 33.74 percent to NT$257.76 billion from the previous year.

Ashtead Group PLC (AHT.L) reported that its first half adjusted profit before tax increased 27% to $1.24 billion. Adjusted earnings per share, in cents, was 211.4 compared to 161.9. Pretax profit increased to $1.19 billion from $889.8 million, last year. Earnings per share, in cents, was 201.6 compared...

Marriott Vacations Worldwide Corporation (VAC), a hospitality company, said on Tuesday that it has priced the private offering of $500 million, 3.25 percent convertible senior notes due 2027. The company intends to use the net proceeds from the offering to pay the cost of the convertible note hedge...

Textron Inc (TXT) announced that Bell Textron Inc., a Textron company, has been awarded the development contract for the U.S. Army's Future Long-Range Assault Aircraft program. The award is based on Bell's V-280 Valor tiltrotor. The company said the initial contract refines the weapon system design,...

australiandollar may07 06dec22 The Australian dollar appreciated against its major counterparts in the Asian session on Tuesday, as the Reserve Bank of Australia lifted its key interest rate by 25 basis points and signalled further interest rate hikes to combat high inflation. The policy board of the RBA, headed by Governor Philip...

The U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS has issued a public health alert for certain ground beef for the possible presence of Escherichia coli or E. coli O157:H7. The product subject to health alert include varying weights of ground beef packed in butcher paper, containing "CARNE MOLIDA REGULAR/GROUND BEEF" with "Packed On" dates ranging November 28 to Dec1

recall feb11 06dec22 Kraft Heinz Foods Co. is recalling around 2,400 pounds of ready-to-eat or RTE ham and cheese loaf products citing possible cross-contamination with under-processed products, the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS announced.

AT&T Inc. (T) agreed to pay a $6.25 million penalty and three company executives agreed to pay $25,000 apiece stemming from charges brought in March 2021 related to the company's selective disclosure of material nonpublic information to research analysts, the U.S. Securities and Exchange Commission...

Hertz Global Holdings Inc. (HTZ) agreed to pay about $168 million by year-end to resolve the majority of the lawsuits brought against the rental car company by some of its customers who were wrongly accused of stealing cars they had rented. The company said it settles 364 claims, bringing resolution...

PepsiCo (PEP) will cut hundreds of corporate jobs in North America to simplify the organization, the Wall Street Journal reported on Monday citing people familiar with the matter. The job cuts affect the company's North America beverage business, which is based in Purchase, New York-based, and its...

Fresenius Medical Care Management AG said that its chief executive officer Carla Kriwet (51) will leave the company due to strategic differences. Kriwet also has resigned as a member of the Management Board of Fresenius Management SE. Fresenius Medical Care's General Partner said in May that it appointed...

wallstreet july17 05dec22 After ending last Friday's trading narrowly mixed, stocks moved sharply lower over the course of the session on Monday. The major averages came under pressure in early trading and saw further downside as the day progressed.

wallstreet nov01 05dec22 Stocks moved sharply lower in early trading on Monday and have seen further downside over the course of the session. The major averages have all come under pressure after ending last Friday's trading narrowly mixed.

wallstreet sept12 05dec22 Stocks have moved mostly lower in morning trading on Monday, with the major averages all moving to the downside after ending last Friday's trading narrowly mixed. Currently, the major averages are off their lows of the session but still firmly negative.

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