Universal Music Potential TikTok Takedowns
During a call with analysts, Universal Music Chairman and CEO Lucian Grange discussed the possibility of taking down music videos from TikTok as a result of a dispute over fees…
Okta Reports Strong Revenue Growth
In its most recent quarter, Okta showcased impressive revenue figures thanks to the support of its large customer base. The digital identity verification provider reported a narrowed loss of $44…
PPL Corp. Plans to Invest Billions More to Boost Rates
PPL Corp., the Pennsylvania-based electrical-utility company, has announced its intention to invest additional billions into its system as part of its strategy to increase rates. Despite facing challenges caused by…
Molson Coors Reports Strong Q4 Results
Molson Coors Beverage, one of the leading beer makers, has announced its impressive financial results for the fourth quarter. The company saw a significant improvement in profitability, mainly attributed to…
Telus Reports 17% Rise in Q4 Profit
Financial Performance Telus reported a net income of 310 million Canadian dollars ($230.3 million), or C$0.20 a share, compared to C$265 million, or C$0.17 a share, in the same quarter…
Disney’s Urgency to Tackle Streaming Profitability
Disney has recently set a critical goal to improve its stock performance. The company is now acting with a strong sense of urgency to address this goal, particularly in its…
Estée Lauder Announces Expansion of Profit-Recovery Plan
Luxury cosmetics company, Estée Lauder, made headlines on Monday with the announcement of its expanded profit-recovery plan for fiscal 2025 and 2026. This plan includes a restructuring program that entails…
Liquidity Contract Update: December 31, 2023
In accordance with the liquidity contract between AIR LIQUIDE (Paris:AI) and BNP PARIBAS, the liquidity account as of December 31, 2023 (trading date) contains the following resources: Holdings: 2,100 AIR…
Scholastic Inc. Sees Drop in Revenue in Back-to-School Quarter
Shares of Scholastic Inc. (SCHL, +3.62%) dropped more than 10% in the extended session Thursday after the publisher's revenue dropped in the crucial back-to-school quarter. This decline was mainly due…
Pure Storage Shares Tumble on Disappointing Guidance
Pure Storage shares tumbled after the enterprise storage company provided disappointing guidance for its fiscal fourth quarter ending in January. Business Model Transition and Delayed Order Impact Performance The company…
Seeen PLC Narrows Pretax Loss, Reflecting Increased Investments
By Najat Kantouar Seeen PLC, the U.K. media-and-technology platform, has reported a narrowed pretax loss for the six months ended June 30. This improvement can be attributed to higher profits…
Checkit PLC Reports Strong Performance and Narrowed Losses for H1 2024
Checkit PLC saw a boost in its shares following the announcement that it is confident in exceeding market expectations for its fiscal performance in 2024. The digital-solutions provider to the…