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...Shares in Dutch health technology group Philips surged more than 30 per cent on Monday morning after it said it had reached a $1.1bn settlement over personal injury litigation claims filed in the US....
...The company’s revenue of $1.2bn in the first three months of 2024 was 21 per cent above the same period a year earlier....
...’s revenue of $1.2bn in the first three months of 2024 was 21 per cent above the same period a year earlier....
...“This portfolio is exactly what I would want DOE to do,” Dell said. “This is great. They are doing all the things.”...
...For example, in recent decades, a swing of just 1 million barrels can swing crude oil prices dramatically even in a market supplied by roughly 100 million barrels per day....
...Aggressive acquisitions over the years have pushed JD Sports into more than 30 countries, including the US, where it now generates 30 per cent of its revenue....
...The US private equity group said it had agreed to offer $1.30 per share, or 104p, trumping a rival bid by Apollo-backed US investment group Concord....
...The US private capital group earned adjusted net income of $1.2bn in the fourth quarter, up about 30 per cent from $903mn a year earlier, beating analyst forecasts polled by Bloomberg....
...Revenues at the social media platform increased 5 per cent to $1.36bn in the fourth quarter, below expectations for a rise to $1.38bn, in a sign of its continued struggle to recover....
...Concord, which is backed by Apollo Global Management, said on Thursday it would not increase its offer of $1.25 per share for the group, which falls short of the $1.30-per-share bid from Blackstone last...
...Sales at the company grew by 2.2 per cent to $1.4bn dollars, below analysts’ estimates, with the US accounting for almost half of total revenue....
...UK grocery price inflation fell to a 30-month low in April, according to data that pointed to an easing of the cost of living crisis that has hit millions of households since late 2021....
...Wood received the 205p-a-share proposal from Sidara on April 30....
...The share of children living in absolute poverty in the UK has risen by its highest rate for 30 years, official data shows, triggering outcry from charities which called on the government to urgently overhaul...
...It would also close 30 Dollar Tree stores, and took a charge of $594mn for store closures....
...The average 30-year mortgage rate is hovering around its highest level in 23 years, tracking the Fed’s post-pandemic policy tightening cycle....
...Dimon sat for a seven-hour deposition in May but lawyers for the Jane Doe plaintiff want to talk to him again to ask him about more than 1,500 documents that JPMorgan turned over after the deposition....
...Jeffrey Cook, 67, was handed the 30-month sentence at Southwark Crown Court in London on Friday after a jury found him guilty last month of receiving more than £70,000 in kickbacks in cash and cars....
...You must consider this view and the alternative to this view in a balanced way. [30 marks] TIP: The economy is perhaps the most important policy area, but you should also look at similarities and differences...
...Alabama-based Hibbett has 1,169 stores located in 36 states across the US. In the year to February, it generated net sales of $1.7bn and pre-tax profit of $131.6mn....
...Shares in the group rose 30 per cent on Thursday to trade at 92p....
...Schwarzman’s income first topped $1bn in 2021, when he collected $1.1bn. In 2022, it increased to a record $1.3bn....
...It said the step was in line with its policy of returning 30 to 35 per cent of cash flow through dividends and share buybacks....
...Lawyers for the unnamed plaintiff now want to talk to him again after JPMorgan turned over 1,500 documents following his questioning....
...Special FT subscription offers for Life and Art podcast listeners, from 50% off a digital subscription to a $1/£1/€1 trial, are here: http://ft.com/lifeandart Read a transcript of this episode on FT.com...
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