(Reuters) - Property and casualty insurer Chubb (NYSE:CB) Ltd on Thursday offered to acquire smaller rival Hartford Financial Services Group (NYSE:HIG) Inc for $23.24 billion. Chubb's $65 per share offer represents a premium of 13.2% to Hartford's last close of $57.41. ...
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LONDON (Reuters) - British supermarket group Asda said on Thursday that chief executive Roger Burnley will leave the business next year, confirming a Sky News report. Last October U.S. giant Walmart (NYSE:WMT) sold a majority holding in Asda to the billionaire Issa brothers and private equity group TDR Capital in a deal giving it an enterprise value of 6.8 billion pounds ($9.5...
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(Reuters) - Nike Inc (NYSE:NKE)'s third-quarter profit gained but revenue fell short of Wall Street estimates on Thursday, as it grappled with supply chain problems in North America and a slump in sales at brick-and-mortar stores that were shut due to the COVID-19 pandemic. The world's largest sportswear maker said revenue rose to $10.36 billion from $10.1 billion, while analysts...
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(Reuters) - NASA on Thursday completed an eight-minute test of engines on a Boeing-built rocket for Artemis missions that aim to return U.S. astronauts to the moon by 2024, more than half a century since the last lunar walk. NASA conducted Thursday's hot fire test of the core stage of the Space Launch...
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FedEx (NYSE:FDX) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations. FedEx announced earnings per share of $3.47 on revenue of $21.5B. Analysts polled by Investing.com anticipated EPS of $3.35 on revenue of $19.93B. FedEx shares are up 1% from the beginning of the year and are trading at $259.01 , down-from-52-week-high.They are...
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Investing.com – U.K. equities were higher at the close on Thursday, as gains in the Industrial Metals & Mining, Banking and Life Insurance/Assurance sectors propelled shares higher. At the close in London, the Investing.com United Kingdom 100 gained 0.34%. The biggest gainers of the session on the Investing.com United Kingdom 100 were Informa PLC (LON:INF), which rose 4.10% or...
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Nike (NYSE:NKE) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations. Nike announced earnings per share of $0.9 on revenue of $10.36B. Analysts polled by Investing.com anticipated EPS of $0.7588 on revenue of $11.03B. Nike shares are up 1% from the beginning of the year and are trading at...
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AHMEDABAD, India (Reuters) - India survived final-over drama to beat England by eight runs in the fourth Twenty20 International and level the five-match series 2-2 in Ahmedabad on Thursday. Suryakumar Yadav smashed 57 to help the hosts to 185-8, their highest total of the series, after being put into bat. Ben Stokes and...
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By Yasin Ebrahim Investing.com – The Dow turned negative after hitting record intraday highs Thursday, paced by a slump in energy and tech, with the latter roiled by a swing higher in bond yields that has placed growth stocks in the crosshairs once again. The Dow Jones Industrial Average fell 0.15%, or 50 points, after hitting a record of 33,227.78. The S&P 500...
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Investing.com – Canada equities were lower at the close on Thursday, as losses in the Energy, Healthcare and Clean Technology sectors propelled shares lower. At the close in Toronto, the S&P/TSX Composite lost 0.65%. The biggest gainers of the session on the S&P/TSX Composite were TFI International Inc (TSX:TFII), which rose 3.09% or 2.84 points to trade at 94.78 at the...
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