An SEC filing made by Take-Two reveals that it expects the cost-cutting efforts, which it calls "rationalizing its pipeline" and "streamlining its organizational structure," to incur costs of up to $200 million, including $35 million from employee-related costs and $140 million from canceled projects. There are also $15 million toRead Entire Article
Alphabet has announced its first dividend and a $US70 billion ($A107 billion) stock buybuck, cheering investors who sent the stock surging nearly 16 per cent after the bell. The Google parent is returning capital while spending billions of dollars on data centres to catch up with rivals on generative artificial intelligence. The dividend will be […]
Global share buybacks dipped by 14 per cent last year to $1.1 trillion (£880bn) despite record dividend issuance from global companies.
CEO Elon Musk postpones India trip ahead of results expected to show worst performance in seven yearsBusiness live – latest updatesShares in Tesla came under pressure on Monday after the electric carmaker announced a round of price cuts ahead of a difficult set of results for the company’s chief executive, Elon Musk.Tesla stock fell as much as 5% in early trading before recovering slightly to a deficit of 3.4% in the wake of the price reductions around the globe, including slashing the cost of...
Today on TAP: Muslims and Jews, that’s who.
Thursday proved to be the worst day of trading in three years for personalised card company Moonpig, after a private equity firm sold 25 million of shares in the firm.
ServiceNow Inc. provided an outlook for sales in the quarter that fell just short of analysts’ expectations, suggesting that corporate budgets for software purchases remain tight. The shares declined about 5% in extended trading.
Entering Sunday, Manzardo was fresh off back-to-back three-hit games. He also tallied two extra-base knocks apiece in each, both of them homers on Saturday. The big flies left the bat at exit velocities of 100 mph or greater and were both on pitches low and inside, a location that Manzardo has crushed all season.
They have all appeared in court
Asian shares were mixed on Wednesday as the world’s most powerful central banker had a change of heart on US rate cuts this year, pushing Treasury yields to new five-month highs and the dollar towering against other currencies. The beleaguered yen is plumbing fresh 34-year lows on an almost daily basis. It was last steady […]
shares rallied in extended trading on Thursday after the company reported
An excerpt from ‘The Sea’, by Swati Guha. Translated from the Bengali by V Ramaswamy.