Earnings Call: Hilltop Holdings Maintains Profitability Amid Market Pressures, Eyes M&A Opportunities
Hilltop Holdings (NYSE:HTH) Inc. reported a net income of $37 million, or $0.57 per diluted share, for Q3 2023, demonstrating…
Airbus lands $1.27 billion French air tanker upgrade, service deals
(Reuters) – Airbus said on Monday it had signed two contracts valued at 1.2 billion euros ($1.27 billion) to provide…
Analysis-Anti-obesity drugs can be boost for food makers, investors say
(Reuters) – The growth in demand for appetite suppressing anti-obesity drugs like Novo Nordisk (NYSE:NVO)’s Wegovy presents opportunities for food…
Chevron to acquire Hess Corp for $53 billion in stock in latest oil megadeal
Chevron Corporation (NYSE:CVX) has announced an all-stock transaction to acquire Hess Corporation (NYSE:HES) in a deal valued at $53 billion…
Biden administration picks 31 regional tech hubs to spur US innovation
(Reuters) – The U.S. Commerce Department said on Monday it was naming 31 regional tech hubs from 370 applicants, making…
Toyota lobbies India to cut hybrid-car taxes as much as 21% – letter
(Reuters) – Japan’s Toyota Motor (NYSE:TM) is lobbying the Indian government to cut taxes on hybrid vehicles by as much…
AI Advent Set to Reshape Gaming Industry, Big Players Poised to Benefit
The advent of artificial intelligence (AI) in the gaming industry is projected to reshape business models and amplify competition, with…
Japan launches antimonopoly probe into Google’s search dominance
(Reuters) – Japan’s competition watchdog on Monday said it would start investigating Google (NASDAQ:GOOGL)’s possible breach of antimonopoly laws in…
Roche buys Roivant’s bowel disease drug for $7.1 billion
(Reuters) – Roche on Monday said it will buy Telavant, a developer of a new treatment for inflammatory bowel diseases,…
Germany’s Volkswagen shares tumble after margin downgrade
(Reuters) – Volkswagen (ETR:VOWG_p) shares fell to their lowest since April 2020 on Monday after the German carmaker cut its…