Warner Bros. Discovery Inc. reports a 1% increase in Q2 revenues to $9.8 billion, with net income reaching $1.6 billion. Strategic financial moves, including debt reduction, highli...
Southwest Airlines is set to replace its iconic open seating policy with assigned seats starting January 27, introducing eight boarding groups to expedite the process. This strateg...
Aegon NV has announced a €200 million buyback program aimed at reducing its Cash Capital at Holding to €1 billion by 2026. The company also reported a 4% increase in operating capi...
HSBC announces a 10% reduction of its French workforce, cutting 348 jobs as part of a global strategy to save $1.8 billion by 2026, aiming for organizational simplicity and agility...
Wells Fargo announces a $40 billion stock repurchase program and a $0.40 per share quarterly dividend, reflecting its strong financial health and commitment to shareholder returns.
Wells Fargo announces a $40 billion stock repurchase program and a $0.40 per share quarterly dividend, emphasizing strategic growth and shareholder returns.
Bharti Airtel has proposed swapping its statutory dues with equity to the Indian government, a strategy similar to Vodafone Idea's, aiming to ease financial pressures. The move cou...
OpenAI projects a revenue surge to $174 billion by 2030, with significant contributions from AI innovations beyond ChatGPT. Despite high operational costs, the company aims for cas...
Elliott Investment Management is pushing BP plc to enhance its free cash flow by 40% through spending cuts, criticizing the current financial strategy as lacking ambition. With Ell...
Elliott Investment Management is pressuring BP to boost its free cash flow by 40%, criticizing the current strategy as inadequate. With BP's underperformance, Elliott's increased s...
Bharti Airtel and its subsidiary Bharti Hexacom have prepaid Rs 5,985 crore of spectrum dues to the government, while Network i2i redeemed $1 billion in perpetual debt securities, ...
Shell plc announces a strategic increase in shareholder distributions to 40-50% of cash flow, alongside a commitment to cut spending and boost efficiency, aiming for leadership in ...
Shell plc announces a strategic shift to increase shareholder distributions to 40-50% of cash flow from operations, maintain progressive dividends, and cut spending to $20-22 billi...
L&T plans to raise Rs 12,000 crore through debt instruments for financial requirements and organizational changes. Subramanian Sarma promoted to deputy MD, reflecting L&T's interna...
British American Tobacco p.l.c. (BAT) has priced its debt securities, raising $2.5 billion. The funds will be used for general corporate purposes, including debt repayment. Despite...
Polestar, the Swedish electric vehicle maker, secures a $450M loan and renews a €480M financing facility, ensuring continued support for its working capital and projects. The compa...
HP Inc. reports a 2.4% revenue increase to $13.5 billion in Q1 2025, driven by strong commercial business and advancements in AI PCs. Despite a decrease in net income, the company ...
JK Tyre announces plans for further price revisions in Q4 to offset rising raw material costs, with strategic measures including cost reductions and product mix enhancement. The co...
Eni SpA has successfully repurchased €1.215 billion of its €1.5 billion hybrid bond, achieving an 83% acceptance rate. This move is part of Eni's strategy to optimize its debt stru...
NHAI has prepaid Rs 56,000 crore loans this fiscal year to reduce its debt burden, leveraging a decrease in capex and aiming for a significant reduction in interest costs. Future s...
MicroStrategy Inc. has acquired 15,400 Bitcoins for approximately $1.5 billion, increasing its total Bitcoin holdings to around 402,110. The company also sold shares for net procee...
AT&T Inc. has announced a $10 billion common stock repurchase scheme, aiming to complete the buyback by the end of 2026. The company also envisions another $10 billion of share buy...
