BANGALORE/OAKLAND Calif. Feb 2 (Reuters) – Qualcomm Inc (QCOM.O) forecast second-quarter revenue and profit below Wall Street estimates on Thursday, but the outlook was not as bleak as those from other chip makers. The stock rose 2.7% in after-hours trading. While inflation and macroeconomic uncertainty has hurt consumer electronics sales, Qualcomm has been buffered by… Continue reading Qualcomm forecasts earnings a bit below expectations, shares rise, article with gallery
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Legalcategory
– Law firm mergers continue. The U.K.’s Clyde & Co came to Boston, merging with a small local firm. Detroit’s Clark Hill expanded in Philadelphia, combining with litigation firm Conrad O’Brien. However, not all stories end with happily ever after. Womble and BDB Pitmans called off their merger talks after ‘extensive discussions.’ –… Continue reading Legalcategory
Google tees up venue clash over U.S. advertising antitrust lawsuit, article with image
Summary Companies Law firms Company cites “judicial efficiency” in plan to seek transfer of new DOJ lawsuit DOJ could oppose such an effort, legal experts say Feb 2 (Reuters) – Lawyers for Alphabet Inc’s Google LLC on Wednesday said they will ask a federal judge in Virginia to move the U.S. Justice Department’s antitrust lawsuit… Continue reading Google tees up venue clash over U.S. advertising antitrust lawsuit, article with image
Legalcategory
– Law firm mergers continue. The U.K.’s Clyde & Co came to Boston, merging with a small local firm. Detroit’s Clark Hill expanded in Philadelphia, combining with litigation firm Conrad O’Brien. However, not all stories end with happily ever after. Womble and BDB Pitmans called off their merger talks after ‘extensive discussions.’ –… Continue reading Legalcategory
Technologycategory
Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source
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PARIS, Feb 2 (Reuters) – France’s Renault (RENA.PA) and its Japanese partner Nissan (7201.T) will formally unveil the agreement to reshape their alliance on Feb. 6 in London, the two car makers said in a joint statement on Thursday. The announcement, with junior alliance partner Mitsubishi Motors, confirmed a Jan. 26 Reuters exclusive about the… Continue reading Gallery
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Summary Companies Adjusted core profit rose 16% to 1.77 bln euros last year Forecasts EBITDA of 2.13 bln to 2.18 bln euros in 2023 Says orders for Purosangue four-seater are beyond expectations MILAN, Feb 2 (Reuters) – Ferrari (RACE.MI) expects “even stronger” results this year, it said on Thursday after reporting a 16% jump in… Continue reading Untitled
Technologycategory
Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source
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Feb 2 (Reuters) – Harley-Davidson Inc (HOG.N) reported higher-than-expected quarterly profit on Thursday as a boost in bike sales, coupled with strong pricing dynamics, allowed the motorcycle maker to navigate cost inflation and deliver on pent-up demand. Shares in the U.S. company jumped 9% in pre-market trade after the results. Harley-Davidson said it expects revenue… Continue reading Gallery
Meta surges on cost cut, buyback plans; lifts mega-cap stocks, article with image
Feb 2 (Reuters) – Shares of Meta Platforms Inc (META.O) soared nearly 20% in premarket trading on Thursday as the Facebook parent wooed investors with plans to rein on costs and a new $40 billion share buyback. Meta plans to cut costs in 2023 by $5 billion to between $89 billion and $95 billion compared… Continue reading Meta surges on cost cut, buyback plans; lifts mega-cap stocks, article with image