Tag: internet

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Azul Gets Capital Increase in Out-of-Court Restructuring

Azul's board OKs capital increase in out-of-court restructuring

Acco Q4 Earnings Miss Estimates

Acco Brands reports Q4 loss, misses estimates. Revenue also misses forecasts. Full-year loss widens.

Mortgage Rates Inch Lower amid Economic Data Lull

Mortgage rates ticked down slightly this week to 6.85% for 30-year fixed-rate mortgages and 6.04% for 15-year mortgages.

Alibaba's AI Push Sends Stock Soaring

Alibaba's stock surged 13% after reporting better-than-expected quarterly earnings, driven by strong growth in its AI business. The company plans to aggressively invest in AI infrastructure over the next three years, with CEO Eddie Wu saying that revenue growth at its Cloud Intelligence Group will continue to accelerate.

KKR Wins Fuji Soft Battle With 57.92% Stake

KKR acquires 57.92% of Fuji Soft, ending a fierce battle with Bain Capital. In a highly competitive bidding war, KKR's offer of 9,850 yen per share ultimately prevailed.

Innospec Reports Q4 Loss

Innospec Inc. (IOSP) reports a Q4 loss of $70.4 million, or $2.80 per share. Adjusted earnings were $1.41 per share, with revenue of $466.8 million. For the year, the company reported a profit of $35.6 million, or $1.42 per share, with revenue of $1.85 billion.

82 Applicants for CEO Position at Norway's Sovereign Wealth Fund

82 applications including current CEO Nicolai Tangen received for Norway's sovereign wealth fund CEO position.

Evan Turner's Biggest Financial Mistake: Taking Out a Line of Credit Before His First Paycheck

Former NBA player Evan Turner shares his biggest financial mistake and how he bounced back. Learn from his story and avoid making the same mistakes.

KKR fails with £1.56bn bid for Assura

KKR and Universities Superannuation Scheme's £1.56 billion proposal for British healthcare real estate investment trust Assura has been rejected.

CVS CEO Outlines Ambitious Healthcare Plan

CVS CEO Plans Ambitious Retail Health Revamp, Leveraging Pharmacists, Nurses, and Physicians for a More Integrated Healthcare System