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 Darktrace chief steps down ahead of £4.3bn private equity takeover

Darktrace chief steps down ahead of £4.3bn private equity takeover

September 06, 2024 06:06 PM AEST| By EODHD

Poppy Gustafsson has stepped down as the boss of Darktrace ahead of the takeover of the UK cybersecurity firm. Ms Gustafsson, who co-founded the business in 2013, will be replaced as chief executive b...

 Developer plans tens of thousands of green belt homes as part of Starmer’s building boom

Developer plans tens of thousands of green belt homes as part of Starmer’s building boom

September 06, 2024 04:00 PM AEST| By EODHD

Sir Keir Starmer and Angela Rayner have laid out plans to unlock development on 'grey belt' land - Darren Staples/Getty Images Europe One of the UK’s biggest housing developers is seeking to build ten...

 The FT Money Machine: how we transformed an iconic invention for virtual reality

The FT Money Machine: how we transformed an iconic invention for virtual reality

September 06, 2024 02:00 PM AEST| By EODHD

The most important question to ask yourself when considering building a digital version of a 75-year-old hydraulic computer is also the most

 Japanese cars, beer gain ground in S.Korea as relations thaw

Japanese cars, beer gain ground in S.Korea as relations thaw

September 06, 2024 01:30 PM AEST| By EODHD

Japanese products, from cars to beer, whisky and clothes, have been rising in popularity in South Korea, rebounding from consumer boycotts in 2019 on the back of improving bilateral relations and the...

 Ousted RBC executive Ahn denies allegations of intimate relationship with subordinate

Ousted RBC executive Ahn denies allegations of intimate relationship with subordinate

September 06, 2024 08:47 AM AEST| By EODHD

Royal Bank of Canada's former Chief Financial Officer Nadine Ahn has denied all allegations about her relationship with a subordinate detailed in an RBC counterclaim after she sued the bank for wrongf...

 The CrowdStrike outage had an outsized impact on Delta, analysts say—and its rivals are soaring because of it

The CrowdStrike outage had an outsized impact on Delta, analysts say—and its rivals are soaring because of it

September 06, 2024 08:41 AM AEST| By EODHD

During July’s peak vacation season, Delta Air Lines was far from enjoying the dog days of summer. The July 19 CrowdStrike power outage—which battered millions of Microsoft operating systems—resulted i...

 Teamsters could extend strike to other Marathon refineries as Detroit negotiations stagnate

Teamsters could extend strike to other Marathon refineries as Detroit negotiations stagnate

September 06, 2024 07:21 AM AEST| By EODHD

By Nicole Jao NEW YORK (Reuters) - Marathon Petroleum has been unwilling to negotiate with union members at its Detroit refinery since more than 200 workers went on strike, Teamsters said on Thursday,...

 Prologis to Participate in BofA Securities 2024 Global Real Estate Conference

Prologis to Participate in BofA Securities 2024 Global Real Estate Conference

September 06, 2024 07:00 AM AEST| By EODHD

SAN FRANCISCO, Sept. 5, 2024 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today announced that Tim Arndt, chief financial officer, will present at the BofA S...

 CarMax Announces Second Quarter Conference Call

CarMax Announces Second Quarter Conference Call

September 06, 2024 07:00 AM AEST| By EODHD

RICHMOND, Va., September 05, 2024--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) will report its financial results for the second quarter ended August 31, 2024 before the market opens on September 26, 2024...

 Toyota, Nissan to support Japan's battery production capacity, Nikkei reports

Toyota, Nissan to support Japan's battery production capacity, Nikkei reports

September 06, 2024 06:56 AM AEST| By EODHD

(Reuters) - Toyota Motor, Nissan Motor and other companies will help expand Japanese production capacity for storage batteries by around 50% with government support through a total investment of 1 tri...

 Broadcom Surpasses Third-Quarter Views Driven by AI Boom, VMware Purchase

Broadcom Surpasses Third-Quarter Views Driven by AI Boom, VMware Purchase

September 06, 2024 06:55 AM AEST| By EODHD

Broadcom Surpasses Third-Quarter Views Driven by AI Boom, VMware Purchase

 Broadcom Inc.: Fiscal Q3 Earnings Snapshot

Broadcom Inc.: Fiscal Q3 Earnings Snapshot

September 06, 2024 06:28 AM AEST| By EODHD

PALO ALTO, Calif. (AP) — PALO ALTO, Calif. (AP) — Broadcom Inc. (AVGO) on Thursday reported a fiscal third-quarter loss of $1.88 billion, after reporting a profit in the same period a year earlier. Th...

 Red Lobster receives court approval for sale to Fortress

Red Lobster receives court approval for sale to Fortress

September 06, 2024 06:22 AM AEST| By EODHD

Restaurant chain Red Lobster on Thursday received court approval for a restructuring that will allow the company to emerge from bankruptcy under the ownership of a Fortress Investment Group-led coalit...

 National Beverage: Fiscal Q1 Earnings Snapshot

National Beverage: Fiscal Q1 Earnings Snapshot

September 06, 2024 06:22 AM AEST| By EODHD

FORT LAUDERDALE, Fla. (AP) — FORT LAUDERDALE, Fla. (AP) — National Beverage Corp. (FIZZ) on Thursday reported profit of $56.8 million in its fiscal first quarter. On a per-share basis, the Fort Lauder...

 These Stocks Moved the Most Today: C3.ai, Tesla, U.S. Steel, Nvidia, NIO, Frontier Communications, HPE, ChargePoint, and More

These Stocks Moved the Most Today: C3.ai, Tesla, U.S. Steel, Nvidia, NIO, Frontier Communications, HPE, ChargePoint, and More

September 06, 2024 06:22 AM AEST| By EODHD

Shares of C3.ai fall sharply after subscription revenue misses analysts’ forecasts, Tesla stock extends gains, and U.S. Steel rises after sliding on a report that President Joe Biden is moving closer...

 Broadcom raises annual AI revenue estimate on demand for custom chips

Broadcom raises annual AI revenue estimate on demand for custom chips

September 06, 2024 06:20 AM AEST| By EODHD

(Reuters) - Chipmaker Broadcom beat Wall Street expectations for third-quarter revenue on Thursday, driven by demand for its networking and custom chips used in artificial intelligence applications. T...

 DocuSign: Fiscal Q2 Earnings Snapshot

DocuSign: Fiscal Q2 Earnings Snapshot

September 06, 2024 06:13 AM AEST| By EODHD

SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — DocuSign Inc. (DOCU) on Thursday reported fiscal second-quarter profit of $888.2 million. The San Francisco-based company said it had net income of $4.26 per...

 Mohawk Industries Names Mauro Vandini President – Global Ceramic Segment

Mohawk Industries Names Mauro Vandini President – Global Ceramic Segment

September 06, 2024 06:10 AM AEST| By EODHD

Mohawk Industries, Inc. CALHOUN, Ga., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced the promotion of Mauro Vandini as President of the Company’s Global Ceramic...

 Should Investors Bet On DraftKings Or The Parent Of FanDuel?

Should Investors Bet On DraftKings Or The Parent Of FanDuel?

September 06, 2024 06:02 AM AEST| By EODHD

FanDuel vs. DraftKings: The battle of the sports betting giants continues as FanDuel-parent Flutter Entertainment likes its odds. Continue reading View comments

 Hershey attacks lawsuits targeting product packaging, seeks to end Reese's case

Hershey attacks lawsuits targeting product packaging, seeks to end Reese's case

September 06, 2024 06:00 AM AEST| By EODHD

Hershey urged a U.S. judge to dismiss a lawsuit claiming it misled consumers about several Reese's peanut butter candies, using its request to level a broadside against what it considers baseless clas...

AI on the Rise: A Look at Top AI Companies and Their Stocks

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