Earnings Previews: Bank of America, Morgan Stanley, Procter & Gamble, UnitedHealth

Last Friday, investors got their first look at how the country’s biggest banks fared in the fourth quarter of 2021. Judging by their reactions, Wells Fargo deserved a share price boost and JPMorgan deserved to get punished. Citigroup and BlackRock closed lower on Friday, but they avoided the punishment JPMorgan received. Following Monday’s Dr. Martin Luther King Jr. holiday, Goldman […]

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Chingari raises $15 million funding from Republic Capital, others

In April last year, Chingari had raised $13 million in a pre-Series A round led by OnMobile Global. Short-video platform Chingari on Monday said it has raised $15 million (about ₹111.4 crore) in funding led by Republic Capital. The extended Series A round also saw participation from Onmobile, JPIN Venture Catalysts, Hill Harbour, Angellist, Venture Collective, Makan Family, Cowa Ventures, […]

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Elon Musk 'trash'-talks software CEO's Full Self-Driving slam

Fox Business Flash top headlines for January 17 Check out what’s clicking on FoxBusiness.com. Dan O'Dowd doesn't mince words about Tesla. Ticker Security Last Change Change % TSLA TESLA INC. 1,049.61 +18.05 +1.75% The Green Hills Software founder and CEO has alleged in a full-page advertisement that appeared in the New York Times that "millions would die every day" if […]

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Atlantia to buy Yunex Traffic from Siemens for $1 billion

FRANKFURT (Reuters) – Italian infrastructure group Atlantia has agreed to buy Siemens’ Yunex Traffic division for 950 million euros ($1.1 billion) to expand its cutting-edge transport services.FILE PHOTO: The logo of Italian infrastructure group Atlantia is seen outside its headquarters in Rome, Italy, October 5, 2020. REUTERS/Guglielmo Mangiapane/File PhotoThe deal, announced by Siemens on Monday, is expected to close by […]

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Unilever signals pursuit of GSK consumer arm; shares fall

(Reuters) -Unilever signalled on Monday it would pursue a deal for GlaxoSmithKline’s consumer healthcare business, calling it a “strong strategic fit” after its 50-billion-pound ($68.4 billion) offer was rebuffed, sending its shares down 6%.Slideshow ( 2 images )GSK confirmed over the weekend that it had rejected the Dove soap maker’s bid for the business, which is home to brands such […]

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Unilever says GSK consumer arm 'strong strategic fit' for business

Slideshow ( 2 images )(Reuters) -Dove soap maker Unilever signalled on Monday it would pursue a deal for GlaxoSmithKline’s consumer health business, calling it a “strong strategic fit” after its 50-billion-pound approach ($68.4 billion) was rejected. The update comes after GSK confirmed over the weekend that it had rejected the Unilever offer for its consumer healthcare business, which is home […]

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Sensex, Nifty end marginally lower

Asian Paints was the top loser in the Sensex pack followed by Axis Bank, HUL, Wipro, M&M, HDFC and Bharti Airtel. Equity benchmarks Sensex and Nifty ended marginally lower on Friday, as positive macroeconomic data failed to lift spirits amid negative cues from global markets. In a largely subdued session, the 30-share BSE Sensex ended 12.27 points or 0.02% lower […]

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Kentucky candle factory's tornado damage may cost 250 their jobs

Fox Business Flash top headlines for January 14 Check out what’s clicking on FoxBusiness.com. Workers at a Kentucky candle factory that was destroyed when tornadoes hit the state last month are facing layoffs if they cannot be transferred to another facility. The layoffs would affect 250 employees from the Mayfield candle factory, according to the Courier Journal of Louisville. GET […]

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