Tag: companyNews

UPDATE 3-Mexico’s America Movil fined by regulator; calls it ‘illegal and disproportionate’

MEXICO CITY (Reuters) – America Movil, the telecoms giant controlled by the family of Mexican billionaire Carlos Slim, said on Monday that one of its subsidiaries had been fined 1.3 billion pesos ($69.53 million) by Mexico’s telecoms regulator. FILE PHOTO: Mexican billionaire Carlos Slim addresses the audience during an event in Mexico City, Mexico November […]

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UPDATE 2-ISS recommends against Instructure’s proposed sale to Thoma Bravo -note

BOSTON (Reuters) – Four investment firms opposing the sale of U.S. educational software company Instructure Inc (INST.N) to private equity firm Thoma Bravo picked up support on Monday when an influential proxy advisory firm came out against the planned all-cash deal of roughly $2 billion. Institutional Shareholder Services Inc (ISS) recommended that Instructure shareholders vote […]

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UPDATE 5-U.S. military confirms plane crash in Afghanistan, disputes claims it was brought down

KABUL/WASHINGTON (Reuters) – The U.S. military said on Monday an E-11A aircraft crashed in Afghanistan’s Ghazni province, but disputed claims that the Taliban had brought the military plane down. The wreckage of an airplane is seen after a crash in Deh Yak district of Ghazni province, Afghanistan January 27, 2020. NO RESALES. NO ARCHIVES. Senior […]

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UPDATE 1-Whirlpool profit beats estimates on higher prices, cost cuts

FILE PHOTO: The administrative entrance at the Whirlpool plant in Clyde, Ohio, U.S. October 3, 2017. Picture taken October 3, 2017. REUTERS/Aaron Josefczyk (Reuters) – Whirlpool Corp (WHR.N) beat analysts’ estimates for quarterly earnings and forecast 2020 profit largely above expectations on Monday, as the appliances maker raised prices and reined in expenses to cushion […]

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