New Zealand dairy and infant-formula business Synlait Milk has agreed to sell its North Island assets to the local unit of US-based Abbott Laboratories. As Synlait announced today (29 September) it had returned to EBITDA profitability and trimmed net losses to NZ$40m (-$23.1m) in fiscal 2025, the company revealed the deal for the equivalent of US$178m with Abbott. The North Island assets, which were part of a strategic review last year, essentially consist of Synlait’s Pokeno factory, a blending and cann ...

Artisan Partners, an investment management company, released its “Artisan Select Equity Fund” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The fund’s Investor Class ARTNX, Advisor Class APDNX, and Institutional Class APHNX returned 6.77%, 6.76%, and 6.80%, respectively, in the second quarter, compared to a 10.94% return for the S&P 500 Index. In addition, you can check the top 5 holdings of the strategy to know its best picks in 2025. In its second-quarter 2025 investor ...

US stocks mostly climbed on Monday as investors eyed a looming US government shutdown that risks delaying the release of the all-important monthly jobs report later in the week. The S&P 500 (^GSPC) added 0.4%, while the tech-heavy Nasdaq Composite (^IXIC) popped nearly 0.9%, with the the two gauges poised to build on Friday's rebound. Meanwhile, the Dow Jones Industrial Average (^DJI) slipped more than 0.1%. Markets are assessing the odds of a US government shutdown on Wednesday this week, as a standoff ...

US stocks mostly climbed on Monday as investors eyed a looming US government shutdown that risks delaying the release of the all-important monthly jobs report later in the week. The S&P 500 (^GSPC) added 0.2%, while the tech-heavy Nasdaq Composite (^IXIC) popped nearly 0.5%, with the the two gauges poised to build on Friday's rebound but giving up bigger gains earlier in the session. Meanwhile, the Dow Jones Industrial Average (^DJI) slipped around 0.2%. Markets are assessing the odds of a US government ...

US stocks climbed on Monday as investors eyed a looming US government shutdown that risks delaying the release of the all-important monthly jobs report later in the week. The Dow Jones Industrial Average (^DJI) and the S&P 500 (^GSPC) moved up about 0.3%. The tech-heavy Nasdaq Composite (^IXIC) also popped 0.5%, with the major gauges poised to build on Friday's rebound. Markets are assessing the odds of a US government shutdown on Wednesday this week, as a standoff between Republicans and Democrats goes ...

WASHINGTON (Reuters) -U.S. President Donald Trump on Monday said details were forthcoming on tariffs for furniture imports, after announcing levies of up to 50% on such goods last week. "I will be imposing substantial Tariffs on any Country that does not make its furniture in the United States. Details to follow," Trump said in a social media post, noting lost business in North Carolina. Trump announced a 50% tariff on imported kitchen cabinets and vanities, along with a 30% levy on upholstered furniture ...

(Reuters) — Carnival Corp (CCL) raised its annual forecast for profit, betting on strong demand and higher onboard spending as well as ticket pricing for its cruise vacations. Cruise operators, including Carnival Corp and rival Royal Caribbean Group, have been racing to offer unique and private experiences by expanding their portfolio to meet strong demand for exclusive destinations. Carnival has invested $600 million in Celebration Key, an ambitious private resort destination on Grand Bahama, to help ma ...

Artisan Partners, an investment management company, released its “Artisan Select Equity Fund” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The fund’s Investor Class ARTNX, Advisor Class APDNX, and Institutional Class APHNX returned 6.77%, 6.76%, and 6.80%, respectively, in the second quarter, compared to a 10.94% return for the S&P 500 Index. In addition, you can check the top 5 holdings of the strategy to know its best picks in 2025. In its second-quarter 2025 invest ...

The Radeberger Group is to become the exclusive sales, distribution and marketing partner for Estrella Damm beer in Germany from January. According to a statement from the German brewing group, Estrella owner Grupo Damm will be transferring responsibility for the national expansion of the brand to Radeberger. The long-term cooperation agreement for Estrella covers all distribution channels, including bars and restaurants in on-trade and retail/supermarkets in the off-trade. As a result, the Radeberger G ...

Key Points Oklo’s microreactors could revolutionize the nuclear industry. Nextracker’s solar tracking systems make solar panels more efficient. One company is still speculative, while the other is generating stable profits. 10 stocks we like better than Oklo › Oklo (NYSE: OKLO) and Nextracker (NASDAQ: NXT) both aim to disrupt established segments of the energy industry with newer technologies. Oklo develops small microreactors that can be linked together in smaller deployments than traditional nuc ...