Summary: Prudential Plc is considering an initial public offering (IPO) of its Indian unit, ICICI Prudential Asset Management Co, that could raise about US$1 billion. Prudential has mentioned evaluating a listing of the asset management business, potentially involving a partial divestment of its holding.
Full articleSummary: Janney Montgomery Scott LLC acquired a new stake in BNY Mellon Municipal Bond Infrastructure Fund, Inc., with several other institutional investors also increasing their stakes. The fund's stock trading down by 1.5%.
Full articleSummary: Apple's Beats debuts new Powerbeats Pro 2 earbuds costing $249 and hitting shelves on Feb. 13, with a closer look at the latest features by Yahoo Finance Tech Editor Dan Howley.
Full articleSummary: Amazon and Alphabet reported concerning forecasts despite strong earnings, leading to a decline in stock prices. Nvidia's stock surged by 11% due to support from Amazon and Alphabet's AI investments. Nvidia's recovery after DeepSeek shockwave indicates resilience against competition and uncertainties in AI landscape.
Full articleSummary: Prudential is considering an initial public offering of its Indian unit ICICI Prudential Asset Management, which could raise about US$1 billion. The company is also evaluating options for its asset manager Eastspring Investments.
Full articleSummary: CVS Health exceeded analysts' profit estimates in Q4 2024, with total revenue of $97.71 billion driven by strong performance in its health services and pharmacy units.
Full articleSummary: Oracle Power PLC announces the commencement of the 2025 drilling campaign at the Northern Zone Intrusive Hosted Gold Project in Western Australia, aiming to target and extend previous high-grade gold intercepts.
Full articleSummary: UPS is the world's largest package-delivery company, offering transportation, distribution, and logistics services through its three main business segments.
Full articleSummary: Text scams targeting Ohio Turnpike users for unpaid tolls have been reported, with fraudulent texts requesting payments through fake websites. Similar scams have been reported in other states as well.
Full articleSummary: CVS Health Corp (NYSE: CVS) has shown progress in stabilizing its Aetna business, particularly in Medicare Advantage, which is expected to improve margins. The CFO noted improvements in Medicare trends and expressed caution for 2025, focusing on understanding membership mix changes.
Full articleSummary: Loop Capital raised Uber's price target to $89 from $86 and maintains a Buy rating on the shares. The analyst mentions the uncertainty surrounding the long-term industry structure due to robotaxi fleets scaling, but expects incremental evidence in 2025 supporting the commercialization view.
Full articleSummary: Rumor suggests the iPhone SE 4 launch may be delayed until next week with no official announcement from Apple yet.
Full articleSummary: Nike's gender discrimination lawsuit from 2018 may soon be resolved as all parties plan to settle pending a judge's approval.
Full articleSummary: Emerson will showcase its automation technologies at the Egypt Energy Show 2025 to support Egypt's energy sector in line with their Vision 2030 and National AI Strategy 2025-2030.
Full articleSummary: Google and Nvidia CEOs suggest useful quantum computers are still years away, leading to negative reaction in quantum computing stocks
Full articleSummary: Citigroup cuts Julius Bär Gruppe shares from strong-buy to hold rating.
Full articleSummary: Bulgaria's Minister of Tourism met with Booking Holdings CEO to discuss checking the number of short-term rental properties based on ministry data to reduce the shadow economy in the sector.
Full articleSummary: Emerson will showcase its automation technologies and software at the Egypt Energy Show (EGYPES) 2025, focusing on operational excellence, digitalization, and sustainability for Egypt's energy sector.
Full articleSummary: CVS Health reports a quarterly earnings beat with turnaround analysis by senior managing partner at Meridian Equity Partners Jonathan D. Corpina
Full articleSummary: Nike's gender discrimination lawsuit from 2018 may be nearing resolution.
Full articleSummary: Tesla has been aggressively suing car owners and critics, leveraging its political ties in China to silence complaints and criticism. Multiple customers who raised concerns about mechanical failures faced lawsuits and defamation charges from Tesla, leading to a chilling effect in Chinese society. Despite criticisms and lawsuits, Tesla has enjoyed regulatory benefits and financial rewards in China under the patronage of powerful leaders.
Full articleSummary: Starbucks Korea achieved a historic milestone by surpassing 3 trillion won in annual sales, solidifying its position as the third-largest market globally for the US coffee chain. Starbucks has undergone significant ownership changes, market dominance with over 2,000 outlets in Korea, and faces challenges from competitors and external factors.
Full articleSummary: Lockheed Martin UK is hosting a lecture on the application of AI in aerospace and defence industry.
Full articleSummary: Pfizer stock price surges by 6%, BSE HEALTHCARE Index up by 1.3% with notable gainers being SUVEN PHARMACEUTICALS and Aurobindo Pharma, Pfizer's net profit drops YoY, BSE Sensex and NSE Nifty show positive movements.
Full articleSummary: Microsoft released Visual Studio 2022 17.13 with fixes including the option to set default text file encoding to UTF-8 without a BOM, solving a long-standing issue for developers. Additionally, multiple GitHub accounts can now be used without constant signing in and out, and GitHub Copilot has seen enhancements with a free tier and AI-enhanced feature search.
Full articleSummary: Nike is collaborating with Apron Records to release a special edition of the Air 180, featuring a mix of materials and unique design elements like a razor blade lace dubrae and co-branded details.
Full articleSummary: HPCL-Mittal Energy (HMEL) has signed MoUs with automation firms Emerson and AVEVA to enhance process efficiency, safety, and sustainability in operations at their refinery and petrochemical units.
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