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Arthur J. Gallagher Acquires Ireland-Based Allied Risk Management To Boost Actuarial Capabilities

By Nabaparna Bhattacharya
May 17, 9:12 AM
Arthur J. Gallagher & Co.’s (NYSE:AJG) subsidiary Artex Risk Solutions has acquired Ireland-based Allied Risk Management. Deal terms were not disclosed.…

AJG

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TJX Companies Q1: 3% Sales Growth, Overall Comps Up 3%, Increasing Customer Traffic & More

By Shivani Kumaresan
May 17, 9:06 AM
TJX Companies (NYSE:TJX) reported first-quarter FY24 sales growth of 3% year-on-year to $11.78 billion, missing the analyst consensus estimate of $11.82…

TJX

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ServiceNow Launches First-Ever Share Repurchase Program

By Lekha Gupta
May 17, 8:31 AM
ServiceNow Inc (NYSE:NOW) announced its first-ever share repurchase program yesterday. The company disclosed the authorization to purchase shares up to…

NOW

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Exxon Mobil Gets Approval From Guyanese Government For Local Content Annual Plan; Eyes Partnerships, Investments

By Nabaparna Bhattacharya
May 17, 8:20 AM
Exxon Mobil Corporation (NYSE: XOM) has received a letter of approval from the Ministry of Natural Resources in Guyana for its Local Content Annual Plan.

XOM

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eBay Acquires AI Based Apparel Services Provider Certilogo For Undisclosed Sum

By Shivani Kumaresan
May 17, 7:31 AM
eBay Inc (NASDAQ:EBAY) has signed a definitive agreement to acquire Certilogo, a provider of AI-powered apparel and fashion goods digital IDs…

EBAY

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Sony Discloses ¥200B Share Repurchase Plan

By Lekha Gupta
May 17, 7:24 AM
Today, Sony Group Corp (NYSE:SONY) disclosed the share repurchase plan amid improving capital efficiency and as a part of capital policy implementation. …

SONY

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Shell Collaborates With AI Technology Firm To Reduce Exploration Days: Report

By Lekha Gupta
May 17, 6:36 AM
Shell PLC (NYSE: SHEL) has reportedly collaborated with big-data analytics firm SparkCognition to use AI technology in deep-sea exploration.

SHEL

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UBS Cites $17B Hit From Rushed Credit Suisse Takeover, Blames Hasty Due Diligence

By Lekha Gupta
May 17, 5:35 AM
UBS Group AG (NYSE:UBS) said it expects a financial hit of $17 billion from the acquisition of Credit Suisse Group…

CS

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Tesla Analyst Says Rivian Potential Survivor As Elon Musk Warns Of Tough 12 Months For Auto Industry

By Shanthi Rexaline
May 17, 4:41 AM
Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk repeated his dire warning about the economy in an interview with CNBC’s…

RIVN

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Tesla Bulls Cheer Elon Musk’s Decision To Try Some Advertising: ‘It Could Be Amazingly Successful’

By Shanthi Rexaline
May 17, 3:43 AM
Tesla, Inc. (NASDAQ:TSLA) has so far stayed away from advertising to pushing it electric vehicles to customers. What…

TSLA

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