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July 1, 2022

COMP08

Analysis: Investors worry that U.S. profit forecasts are too high

Reuters
by Reuters00
A trader watches the screen at his terminal on the floor of the New York Stock Exchange in New York October 15, 2014. REUTERS/Lucas Jackson/File Photo Register now for FREE unlimited access to Reuters.com Register NEW YORK, June 16 (Reuters) – Concerns are growing that U.S. corporate earnings are increasingly......
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China’s Lenovo says supply issues to hit shipments, revenue growth slows

Reuters
by Reuters01
HONG KONG, May 26 (Reuters) – China’s Lenovo Group (0992.HK)warned on Thursday that shipments would fall in the short term as China’s COVID-19 lockdowns exacerbated shortages of microchips, after posting its slowest quarterly growth in seven quarters. The world’s largest maker of personal computers (PC) is among many companies facing......
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Computer chip giant ASML places big bets on a tiny future

Reuters
by Reuters00
VELDHOVEN, Netherlands, May 20 (Reuters) – ASML (ASML.AS), a semiconductor industry and stock market giant, has to think smaller. Or maybe bigger. It is building machines the size of double-decker buses, weighing over 200 tonnes, in its quest to produce beams of focused light that create the microscopic circuitry on......
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EXCLUSIVE U.S. aims to arm Ukraine with advanced anti-ship missiles to fight Russian blockade

Reuters
by Reuters00
The U.S. Navy Arleigh-Burke-class guided missile destroyer USS Curtis Wilbur launches a Harpoon surface-to-surface missile during Pacific Vanguard (PACVAN) quadrilateral exercises between Australia, Japan, Republic of Korea, and U.S. Naval forces in the Philippine Sea May 26, 2019. Picture taken May 26, 2019. U.S. Navy/Mass Communications Specialist 1st Class Toni......
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Canon loses court challenge against EU fine over 2016 acquisition

Reuters
by Reuters01
People are silhouetted against a display of the Canon brand logo at the CP+ camera and photo trade fair in Yokohama, Japan, February 25, 2016. REUTERS/Thomas Peter/Fies Register now for FREE unlimited access to Reuters.com Register BRUSSELS, May 18 (Reuters) – Japanese camera and printer maker Canon (7751.T) lost its......
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EXCLUSIVE Facebook-owner Meta tells hardware staffers to prepare for cutbacks

Reuters
by Reuters01
Small figurines are seen in front of displayed Meta logo in this illustration taken February 11, 2022. REUTERS/Dado Ruvic/Ilustration Register now for FREE unlimited access to Reuters.com Register May 11 (Reuters) – Facebook-owner Meta Platforms Inc (FB.O) is preparing cutbacks in its Reality Labs division, a unit at the center......
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DigitalBridge buys data center company Switch for $11 billion

Reuters
by Reuters01
May 11 (Reuters) – DigitalBridge Group Inc (DBRG.N) has agreed to buy data center operator Switch Inc (SWCH.N) for $11 billion, including debt, marking the latest deal in the digital asset sector that has attracted large private equity firms and infrastructure funds. Boca Raton, Florida-based DigitalBridge and Australian infrastructure investor......
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EXCLUSIVE Recruitment software maker iCIMS raises funding from TA Associates after pulling IPO

Reuters
by Reuters01
May 5 (Reuters) – Recruitment software company iCIMS has raised fresh capital from U.S. private equity firm TA Associates after scrapping plans to go public, its chief executive told Reuters on Thursday. Already backed by private equity firm Vista Equity Partners, iCIMS did not disclose how much it raised from......
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Activist firm Elliott pushes Western Digital to split its businesses

Reuters
by Reuters01
May 3 (Reuters) – Elliott Management on Tuesday disclosed it held a stake of nearly $1 billion in Western Digital and pushed the company to conduct a strategic review and split off its flash-memory business. New York-based Elliott, one of the world’s most prominent activist investors, argued in a letter......
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Berkshire bought $51 billion in stock as Buffett combats supply chain

Reuters
by Reuters01
OMAHA, Neb., April 30 (Reuters) – Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) dove into equity markets in the first quarter, spending more than $51 billion on stocks including a much larger stake in Chevron Corp (CVX.N). Berkshire, which Buffett has run since 1965, also said on Saturday quarterly operating profit......
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Apple sees growing supply problems, says demand in China affected

Reuters
by Reuters00
OAKLAND, Calif., April 28 (Reuters) – Apple Inc (AAPL.O)executives on Thursday gave a disappointing forecast, citing rising supply constraints, problems with demand in China and deceleration in services, which the company sees as its growth engine. Shares were down 4.4% after the comments were made on a conference call, outweighing......
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Alphabet misses sales estimates; shares sink

Reuters
by Reuters00
April 26 (Reuters) – Google parent Alphabet Inc (GOOGL.O) on Tuesday reported first-quarter revenue below expectations as ad sales amid supply-chain and inflation concerns and the war in Ukraine failed to make up for slower-than-anticipated growth in other units. The world’s largest provider of search and video ads said first-quarter......
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Facebook-owner Meta to open first physical store in metaverse bet

Reuters
by Reuters00
man stands in front of a sign of Meta, the new name for the company formerly known as Facebook, at its headquarters in Menlo Park, California, U.S. October 28, 2021. REUTERS/Carlos Barria/File Photo Register now for FREE unlimited access to Reuters.com Register April 25 (Reuters) – Meta Platforms Inc (FB.O)......
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Morning Bid: Keeping it real – Reuters

Reuters
by Reuters00
Morning Bid: Keeping it real Reuters Source – For more click here To Return to the Main Aggregate News Page – click here Break’n Pics – Click here for Free Stock Photos...
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Opponents of French far-right plan protests as election campaign enters final week

Reuters
by Reuters00
PARIS, April 16 (Reuters) – Protests were expected around France on Saturday as opponents of far-right presidential candidate Marine Le Pen seek to form a united front to prevent her from winning an election runoff against incumbent Emmanuel Macron on April 24. Police have warned of possible incidents as demonstrators......
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Apple, others face shipment delays as China COVID curbs squeeze suppliers – analysts

Reuters
by Reuters00
An employee arranges Apple iPhones as customer shop at the Apple Store on 5th Avenue shortly after new products went on sale in Manhattan, in New York City, New York, U.S., March 18, 2022. REUTERS/Mike Segar Register now for FREE unlimited access to Reuters.com Register SHANGHAI/TAIPEI, April 15 (Reuters) –......
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Analysis: China’s widening COVID curbs threaten global supply chain paralysis

Reuters
by Reuters00
A worker in a protective suit walks at an entrance to a tunnel leading to the Pudong area across the Huangpu river, after restrictions on highway traffic amid the lockdown to contain the spread of the coronavirus disease (COVID-19) in Shanghai, China March 28, 2022. REUTERS/Aly Song TPX IMAGES OF......
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China securities regulator orders Lenovo to fix information disclosures

Reuters
by Reuters00
A Chinese national flag flutters outside the China Securities Regulatory Commission (CSRC) building on the Financial Street in Beijing, China July 9, 2021. REUTERS/Tingshu Wang Register now for FREE unlimited access to Reuters.com Register SHANGHAI/BEIJING, April 14 (Reuters) – China’s securities regulator on Thursday ordered Lenovo Group (0992.HK) to rectify......
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Buffett’s Berkshire reveals stake in HP; shares surge almost 10%

Reuters
by Reuters00
April 6 (Reuters) – Berkshire Hathaway Inc (BRKa.N) disclosed on Wednesday that it has purchased nearly 121 million shares of HP Inc (HPQ.N), the latest in a series of large investments by the conglomerate controlled by billionaire Warren Buffett. The investment gives Berkshire a roughly 11.4% stake in HP, worth......
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Exclusive: U.S. warned firms about Russia’s Kaspersky software day after invasion

Reuters
by Reuters00
U.S. government privately briefed American companies on software Kaspersky says briefings unjust and damages its reputation March 31 (Reuters) – The U.S. government began privately warning some American companies the day after Russia invaded Ukraine that Moscow could manipulate software designed by Russian cybersecurity company Kaspersky to cause harm, according......
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