) opened flat after announcing before the bell it has put its marine businesses up for sale as it looks to focus on its powersports operations.
) was higher following the announcement after the bell on Wednesday of the $182-million acquisition of four continuing care homes in Alberta.“The transaction is largely in line with our forecasts, but nonetheless moves the ball downfield strategically,” said RBC Dominion Securities analyst Pammi Bir.
TSMC’s U.S.-listed shares are up more than 80 per cent so far this year, while Nvidia has risen over two folds, as investors pour billions of dollars into semiconductor stocks amid Wall Street’s booming picks-and-shovels trade.) gained after it beat Wall Street’s expectations on its key quarterly earnings metric on Thursday, as the world’s largest alternative investment firm’s assets under management hit a record US$1.1-trillion and the value of its funds rose.
Chief Executive Steve Schwarzman hailed the results as “broad-based acceleration across our business.” Uber CEO Dara Khosrowshahi was Expedia’s chief executive between 2005 and 2017 and is on its board of directors) fell after it reported a 9-per-cent rise in third-quarter operating profit on cost cuts, and echoed rival Ericsson in seeing demand recovery in some areas.
Reuters reported Nokia has laid off close to 2,000 people or about a fifth of its employee base across Greater China and plans to cut another 350 jobs across Europe as part of efforts to lower costs. “For the full year, we expect refined product volumes to be slightly below our plan to 2 per cent over 2023,” President Thomas Martin said in a conference call.
Kinder Morgan also cited start-up delays at its renewable natural gas facilities for the revised forecast. The streaming giant likely added 4 million subscribers in the July-September period, according to analysts’ estimates compiled by LSEG. Netflix originals such asAs the pace of sign-ups slows, Netflix is trying to shift investor attention towards other performance measures including revenue growth and margins. It will stop reporting subscriber data from 2025.
The company, which operates in more than 190 countries, is expected to report ad revenue of US$242.70-million in the third quarter, according to the average of estimates from three analysts compiled by LSEG. Overall revenue is expected to grow 14.3 per cent, a slightly slower pace than the previous three months, to $9.76 billion.
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