- The Commercial Appeal
Why Brazilian pulpmaker Suzano says it terminated talks to buy International Paper
Suzano, the world's largest pulp manufacturer, said in May that it was interested in assets owned by Memphis-based International Paper.
PR NewswireNASA Awards Contract for Cargo Mission Support
NASA has awarded a contract to Leidos, Inc. of Reston, Virginia, to provide mission support for the agency's International Space Station Program, Artemis campaign, and more.
ReutersTen big banks settle US interest rate swaps rigging litigation
Ten large banks including Bank of America, Goldman Sachs and JPMorgan Chase will pay $46 million to settle a long-running antitrust lawsuit accusing them of conspiring to rig the now $465.9 trillion market for interest rate swaps. Lawyers for investors filed a preliminary settlement to end the eight-year-old nationwide case on Thursday in Manhattan federal court. The settlement requires approval by U.S. District Judge Paul Oetken, and boosts the value of all settlements in the case to $71 million.
PR NewswireMetro West Chapter of Credit Unions seeks grant requests from area non-profit organizations
Michigan's Metro West Chapter of Credit Unions is inviting non-profit organizations to apply for financial grants of up to $2,500 to support local community improvement activities. The money must be used to benefit the communities of Monroe, Washtenaw and/or Wayne counties. This year the Chapter will award a total of at least $20,250.
GlobeNewswireInside Information: Nokia to acquire Infinera to increase scale in Optical Networks and accelerate product roadmap
Nokia CorporationInside Information 27 June 2024 at 23:50 EEST Inside Information: Nokia to acquire Infinera to increase scale in Optical Networks and accelerate product roadmap Creates a highly scaled and truly global optical business with increased in-house technology capabilities and vertical integration.Strengthens Nokia’s optical position, specifically in North America.Accelerates Nokia’s customer diversification strategy, expanding webscale presence.Targeted net comparable operating profit
USA TODAYEven as inflation cools, Americans report sticker shock at grocery store register
Grocery inflation has cooled since its 2022 peak, but consumers say they are still struggling with higher food prices.
GlobeNewswireEnsurge Micropower ASA – Cancellation of Subsequent Offering
Oslo, 27 June 2024 Reference is made to the stock exchange notice published by Ensurge Micropower ASA (the "Company") on 13 May 2024 regarding the completion of a private placement raising gross proceeds of approximately NOK 85 million (the "Private Placement") and a potential subsequent offering on the same terms and conditions as in the Private Placement directed towards eligible shareholders (the "Subsequent Offering"). The board of directors of the Company has decided not to proceed with the
Business WireEDS Service Solutions Announces New Partnership and Expansion at Milwaukee Airport with SIXT
ATLANTA, June 27, 2024--EDS Service Solutions, a leading workforce management and labor outsourcing provider in the car rental industry, proudly announces the opening of its new branch at Milwaukee Mitchell International Airport (MKE) in partnership with SIXT. This expansion is part of EDS's strategic growth plan for 2024, which includes new partnerships at 13 additional airport locations: Rochester, NY; Tampa, FL; Orlando, FL; Spokane, WA; Bangor, ME; Philadelphia, PA; Salt Lake City, UT; Tucso
Yahoo Finance VideoNike revenue misses estimates: What it will take to spur sales
Nike (NKE) reported mixed fourth quarter results. The athletic apparel giant reported adjusted earnings of $1.01 per share compared to the $0.85 estimate. However, revenue of $12.61 billion fell short of the $12.86 billion estimate. Morningstar senior equity analyst David Swartz thinks it was the revenue miss that sent shares lower in after-hours trading. The company reported slightly better-than-expected revenue numbers in China. Swartz thinks "the China numbers are still pretty low compared to what Nike should be doing and can do in China," adding that its sales recovery in the country is likely taking longer than many had hoped. On what could cause Nike to reignite sales growth, Swartz thinks new products will help, but that the impact likely won't be felt until late into fiscal 2025. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.
USA TODAYExotic small carnivore, native to tropical rainforests, rescued from rest stop in Washington
The kinkajou, a small tropical mammal, was transported to the Point Defiance Zoo in Tacoma, where he will "undergo a comprehensive wellness exam."
