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UK Per Capita GDP Falls Despite Economic Growth

UK's per capita GDP falls for second quarter, prompting concerns about productivity and economic performance under Chancellor Rachel Reeves' policies.

Porsche Plans to Cut 1,900 Jobs by 2029

German carmaker Porsche to cut around 1,900 positions by 2029, DPA news agency reports.

VinFast Delivers Nearly 100,000 Cars in 2023, Plans to Double Sales Globally in 2025

Vietnamese electric vehicle maker VinFast delivered ~97K cars in 2024, nearly three times more than in 2023, but primarily in its domestic market. Aiming to double sales this year, it sold 53K units in Q4'24, exceeding its revised 80K target.

Blueprint Medicines posts Q4 loss of $50 million, misses estimates

Blueprint Medicines reports a Q4 loss of $50 million, missing analyst estimates. Revenue also falls short of expectations, coming in at $146.4 million.

Steve Madden to Buy Kurt Geiger for About $360 Million

Luxury footwear and fashion accessory brand Kurt Geiger has been acquired by Steven Madden Ltd. for $360 million.

Ceva's Loss Widens

Ceva reported a Q4 loss of $1.7 million, matching estimates, with revenue of $29.2 million exceeding forecasts. For the year, its loss narrowed to $8.8 million, with revenue of $106.9 million.

Moody's Q4 profit tops estimates, revenue misses

Moody's Corp. reports Q4 profit of $395 million, beating estimates; revenue misses Street forecasts

Howmet Aerospace Q4 earnings, revenue beat estimates

Howmet Aerospace Inc. beats earnings estimates for the fourth quarter, with a reported profit of $314 million ($0.77 per share), driven by strong revenue growth.

Altice Q4 Earnings Miss: Revenue in Line, EPS Disappoints

Altice USA (ATUS) reported Q4 revenue of $2.24 billion, in line with expectations, but missed on EPS and EBITDA. Despite a decline in subscribers, the company's operating margin improved. Analysts project a 4.1% revenue decline over the next 12 months, raising concerns about top-line growth potential.

Thomson Reuters to switch its U.S. stock listing to Nasdaq

Thomson Reuters to shift its US stock listing from the New York Stock Exchange to the Nasdaq, effective February 25, with no impact on its Toronto Stock Exchange-listed shares.