Venator Materials PLC VNTR logged a loss of $174 million or $1.63 cents per share in the fourth quarter of 2019, wider than a loss of $69 million or 65 cents a year ago.Adjusted loss per share for the quarter were 9 cents, narrower than the Zacks Consensus Estimate of a loss of
(RTTNews) - U.K. stocks fell sharply on Monday as Italy confirmed its fourth fatality from the COVID-19 epidemic, raising concerns about the impact of the outbreak on global growth.
(RTTNews) - French stocks tumbled Monday on growth concerns after South Korea, Italy and Iran reported a rise in coronavirus infections. Outside China, the outbreak has spread to about 29 countries and territories, with a death toll of about two dozen.
(RTTNews) - PepsiCo Inc. (PEP) said that it agreed to buy Chinese online snack company Hangzhou Haomusi Food Co. Ltd. or "Be & Cheery" from Haoxiangni Health Food Co. Ltd. for $705 million.
(RTTNews) - Associated British Foods plc (ASBFY.PK, ABF.L) said, for the half year, it expects sales growth and anticipates adjusted operating profit to be ahead of last year on both a lease-adjusted and reported basis. On a lease-adjusted basis, the Group expects adjusted earni
(RTTNews) - Bunzl plc (BZLFY.PK, BNZL.L) reported profit before income tax of 453.3 million pounds and, on an IAS 17 basis, 454.2 million pounds for the year ended 31 December 2019, an increase of 5.4% (up 6.9% at actual exchange rates) from last year. On an IAS 17 basis, basic
(RTTNews) - UniCredit (UCG, UNCFF.PK) confirmed Monday that its chief executive officer Jean Pierre Mustier would remain in his role, following media reports that he emerged as a candidate for the top job at Asia-focused lender HSBC Holdings Plc (HSBC, HSBA.L).
(RTTNews) - Sasol (SSL) reported that its earnings for six months to 31 December 2020 decreased by 72% year-on-year to R4.5 billion. Earnings per share was down 73% to R6.56. The company said this resulted from a 9% decrease in the rand per barrel price of Brent crude oil, softe
(RTTNews) - Novartis (NVS) announced the US FDA and European Medicines Agency have accepted the company's Supplemental Biologics License Application (sBLA) and Marketing Authorization Application for ofatumumab, a B-cell therapy, for the treatment of relapsing forms of multiple
(RTTNews) - Australian professional services company Worley Limited (WYGPF.PK, WYGPY.PK, WOR.AX) announced that its statutory net profit after tax rose 77 percent to A$154 million for the six months ended 31 December 2019, from A$87 million in the same period last year. On an un
(RTTNews) - Indian shares tumbled in early trade on Monday, mirroring weak cues from other global markets as investors were spooked by the spread of coronavirus inside and outside of China.
HONG KONG (Reuters Breakingviews) - Weak Chinese consumption may outlast the coronavirus. A slowdown in new Covid-19 cases outside Hubei province, where the outbreak is thought to have originated, is feeding investor optimism. Signs of stress, though, hint at a slower re
(RTTNews) - The Indonesia stock market on Friday halted the four-day winning streak in which it had advanced almost 80 points or 1.3 percent. The Jakarta Composite Index now rests just above the 5,880-point plateau and it's expected to open lower again on Monday.
(RTTNews) - The Australian stock market is notably lower on Monday following the sell-off on Wall Street Friday amid a surge in the number of new coronavirus cases reported outside China and on worries over its impact on the global economy. Weak local corporate earnings results
Crestwood Equity Partners (NYSE: CEQP) is coming off a big year. The master limited partnership (MLP) grew its earnings by 25% last year, while its cash flow rocketed 36%, enabling it to cover its 9.4% yielding distribution by a comfy 1.8 times. It was able to finally give its
The oil sector has developed a reputation over the past few years as the place where investor capital goes to die. That's largely the result of oil companies focusing so much of their attention on growing production as fast as possible in previous years that they have incinerate