Tag: hit

Nidec posts unexpected quarterly loss, hit by restructuring costs

 stock analyst  04/23/2024  0 Comments on Nidec posts unexpected quarterly loss, hit by restructuring costs

TOKYO (Reuters) -Japanese electric motor maker Nidec on Tuesday posted an operating loss for the January to March quarter, hit by the costs of restructuring steps taken to deal with fierce price competition in China's electric vehicle market.

Instant view: Oil, Japan's yen up on reports Israeli missiles hit Iran

 stock analyst  04/19/2024  0 Comments on Instant view: Oil, Japan's yen up on reports Israeli missiles hit Iran

(Reuters) – Oil and gold prices rose and Japan\’s yen rallied on Friday on reports Israeli missiles have hit a site in Iran.

KeyCorp, Comerica join major lenders in flagging hit to interest income

 stock analyst  04/18/2024  0 Comments on KeyCorp, Comerica join major lenders in flagging hit to interest income

(Reuters) -KeyCorp and Comerica (NYSE:CMA) are expecting a fall in interest income in 2024 as higher borrowing costs temper loan demand, they said on Thursday, echoing fears flagged by bigger U.S. lenders this earnings season.

Telegram platform to hit 1 billion users within year, founder says

 stock analyst  04/17/2024  0 Comments on Telegram platform to hit 1 billion users within year, founder says

(Reuters) – The Telegram messaging app, one of the most popular social media platforms in Ukraine and Russia, will likely cross 1 billion active monthly users within a year, its founder said in remarks published on Tuesday.

UnitedHealth to take up to $1.6 billion hit from Change Healthcare hack this year

 stock analyst  04/16/2024  0 Comments on UnitedHealth to take up to $1.6 billion hit from Change Healthcare hack this year

(Reuters) – UnitedHealth Group (NYSE:UNH) expects to take a hit of as much as $1.6 billion this year from disruptions caused by the February cyberattack at its Change Healthcare (NASDAQ:CHNG) unit.