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Reuters - 5 days ago

Column: Chicago judges are starting to push back against 'SAD' scheme in IP cases

Column: Chicago judges are starting to push back against 'SAD' scheme in IP cases The opinions expressed here are those of the author, a columnist for Reuters. By Alison Frankel Nov 19 (Reuters) - For the last decade, Chicago federal court has been the hub of a peculiar brand of intellectual property litigation that one prominent law professor has dubbed an “abusive” scheme to exploit procedural rules and capitalize on judicial deference to IP owners.
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Reuters - 2 weeks ago

Zeta jumps on upbeat Q4, full-year revenue forecasts

BUZZ-Zeta jumps on upbeat Q4, full-year revenue forecasts ** AI-powered marketing company Zeta Global's ZETA.N shares rise 18% to ~$44 after the bell ** ZETA forecasts FY 2024 revenue midpoint at $986 mln, above est of $942.9 mln — data compiled by LSEG ** Forecasts total Q4 revenue midpoint at $295 mln, above est of $268.8 mln ** Posts Q3 revenu
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Reuters - 2 weeks ago

Akamai forecasts fourth-quarter revenue below estimates on weak client spending

Akamai forecasts fourth-quarter revenue below estimates on weak client spending Nov 7 (Reuters) - Akamai Technologies AKAM.O forecast fourth-quarter revenue below estimates on Thursday, expecting a pullback in spending on its cloud and content delivery services by clients grappling with an uncertain macroeconomic environment. Shares of the Cambridge, Massachusetts-based company fell 9% in extended trading.
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Reuters - 3 weeks ago

U.S. Amazon, Chevron, Mastercard

U.S. RESEARCH ROUNDUP-Amazon, Chevron, Mastercard Nov 4 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Amazon, Chevron and Mastercard, on Monday. HIGHLIGHTS * Amazon AMZN.O : Raymond James raises target price to $230 from $205 * Chevron Corp CVX.N : Raymond James raises target price to $175 from $170 * Mastercard MA.N : Macquarie raises target price to $565 from $505 * Vertex Inc VERX.O : Jefferies raises to buy fro
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Reuters - 3 weeks ago

Victims of eBay harassment campaign can seek punitive damages, US judge rules

UPDATE 1-Victims of eBay harassment campaign can seek punitive damages, US judge rules Adds comment from lawyer for the plaintiffs in paragraphs 3-5 By Nate Raymond Nov 1 (Reuters) - A Massachusetts couple subjected by eBay employees to a bizarre harassment campaign after an online newsletter they published drew the ire of executives can seek punitive damages on some of their claims against the company, though not some of the "most distressing" ones, a federal judge ruled on Friday.
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Reuters - 3 weeks ago

Victims of eBay harassment campaign can seek punitive damages, US judge rules

Victims of eBay harassment campaign can seek punitive damages, US judge rules By Nate Raymond Nov 1 (Reuters) - A Massachusetts couple subjected by eBay employees to a bizarre harassment campaign after an online newsletter they published drew the ire of executives can seek punitive damages on some of their claims against the company, though not some of the "most distressing" ones, a federal judge ruled on Friday.
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Reuters - 3 weeks ago

U.S. Amazon, IQVIA Holdings, Uber

U.S. RESEARCH ROUNDUP-Amazon, IQVIA Holdings, Uber Nov 1 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Amazon, IQVIA Holdings and Uber, on Friday. HIGHLIGHTS * Amazon AMZN.O : JP Morgan raises target price to $250 from $230 * Cheniere Energy Inc LNG.N : Raymond James raises target price to $225 from $210 * IQVIA Holdings Inc IQV.N : TD Cowen cuts target price to $255 from $270 * Regeneron Pharmaceuticals Inc REGN.O
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Reuters - 3 weeks ago

U.S. Amazon, IQVIA Holdings, Uber

U.S. RESEARCH ROUNDUP-Amazon, IQVIA Holdings, Uber Nov 1 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Amazon, IQVIA Holdings and Uber, on Friday. HIGHLIGHTS * Amazon AMZN.O : JP Morgan raises target price to $250 from $230 * Cheniere Energy Inc LNG.N : Raymond James raises target price to $225 from $210 * IQVIA Holdings Inc IQV.N : TD Cowen cuts target price to $255 from $270 * Regeneron Pharmaceuticals Inc REGN.O
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Reuters - 3 weeks ago

U.S. STOCKS Estee Lauder, DoorDash, Peloton Interactive

BUZZ-U.S. STOCKS ON THE MOVE-Estee Lauder, DoorDash, Peloton Interactive Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street fell on Thursday, as warnings from Microsoft and Meta Platforms about soaring AI costs dampened enthusiasm for megacap stocks, which have led the market this year.
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Reuters - 4 weeks ago

Wall St set to drop as Meta, Microsoft cost warnings highlight AI trade risks

US STOCKS-Wall St set to drop as Meta, Microsoft cost warnings highlight AI trade risks Meta Platforms, Microsoft drag megacaps lower Uber, Estee Lauder fall after results September PCE data in-line with estimates VIX rises to over three-week high Futures down: Dow 0.52%, S&P 500 0.64%, Nasdaq 0.67% Updated at 8:51 a.m. ET By Lisa Pauline Mattackal Oct 31 (Reuters) - Wall Street was set to open lower on Thursday as warnings from Meta Platforms and Microsoft about rising AI costs sobered some of
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Reuters - 4 weeks ago

Futures slide as Meta, Microsoft cost warnings highlight AI trade risks

US STOCKS-Futures slide as Meta, Microsoft cost warnings highlight AI trade risks For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Meta Platforms, Microsoft drag megacaps Uber, Estee Lauder fall after results September PCE data due at 8:30 a.m. ET VIX rises to over three week high Futures down: Dow 0.49%, S&P 500 0.74%, Nasdaq 0.88% Updated at 7:05 a.m.
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Reuters - 4 weeks ago

Temu considers joining European anti-counterfeit group

UPDATE 1-Temu considers joining European anti-counterfeit group Adds Temu comment in paragraph 4, updates user numbers in 11, adds European Commission investigation in 6 By Helen Reid LONDON, Oct 31 (Reuters) - Chinese online retailer Temu is considering joining a group of ecommerce platforms and brands that collaborate to prevent the sale of fake products online in Europe, according to a meeting agenda seen by Reuters.
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Reuters - 4 weeks ago

Temu considers joining European anti-counterfeit group

Temu considers joining European anti-counterfeit group By Helen Reid LONDON, Oct 31 (Reuters) - Chinese online retailer Temu is considering joining a group of ecommerce platforms and brands that collaborate to prevent the sale of fake products online in Europe, according to a meeting agenda seen by Reuters. The "Memorandum of Understanding (MoU) on the sale of counterfeit goods on the internet" is a voluntary agreement facilitated by the European Commission, and signatories include online retail
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Reuters - 4 weeks ago

Futures tumble as Meta, Microsoft cost warnings highlight AI trade risks

US STOCKS-Futures tumble as Meta, Microsoft cost warnings highlight AI trade risks For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Futures down: Dow 0.59%, S&P 500 0.86%, Nasdaq 1.12% Oct 31 (Reuters) - Wall Street futures fell sharply on Thursday, as warnings from Meta Platforms and Microsoft about rising artificial intelligence-related costs dampened optimism around megacaps, which have been the market's primary driver this year.
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Reuters - 4 weeks ago

EBay falls after downbeat revenue forecasts

BUZZ-EBay falls after downbeat revenue forecasts ** Shares of ecommerce firm eBay EBAY.O fall 9.5% to $56.71 premarket ** Co forecasts Q4 revenue below Wall Street estimates on Wednesday, signaling weak demand for products in its key categories like collector's items and refurbished goods ** EBay has been under pressure as inflation-hit shoppers be
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Reuters - 4 weeks ago

U.S. Altair Engineering, Brinker International, Meta

U.S. RESEARCH ROUNDUP-Altair Engineering, Brinker International, Meta Oct 31 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Altair Engineering, Brinker International and Meta, on Thursday. HIGHLIGHTS * Altair Engineering Inc ALTR.O : Needham cuts to hold from buy * Blackbaud Inc BLKB.O : Baird cuts to neutral from outperform * Brinker International Inc EAT.N : JP Morgan cuts to neutral from overweight * Comstock Res
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Reuters - 4 weeks ago

eBay Inc reports results for the quarter ended in September 30 - Earnings Summary

eBay Inc reports results for the quarter ended in September 30 - Earnings Summary eBay Inc EBAY.OQ reported quarterly adjusted earnings of $1.19​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.03. The mean expectation of twenty six analysts for the quarter was for earnings of $1.18 per share.
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Reuters - 4 weeks ago

EBay forecasts revenue below estimates on weak demand, shares fall

UPDATE 4-EBay forecasts revenue below estimates on weak demand, shares fall Updates shares, adds CFO comment in paragraph 5 Oct 30 (Reuters) - Ecommerce firm eBay EBAY.O forecast fourth-quarter revenue below Wall Street estimates on Wednesday as cautious consumers shun collector's items and refurbished goods, sending its shares down more than 7 % in extended trading.
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Reuters - 4 weeks ago

EBay forecasts quarterly revenue below expectations

EBay forecasts quarterly revenue below expectations Oct 30 (Reuters) - Ecommerce firm eBay EBAY.O forecast fourth-quarter revenue below Wall Street estimates on Wednesday, signaling weak demand for products in its key categories like collector's items and refurbished goods. The company expects revenue in the range of $2.53 billion to $2.59 billion for the quarter.
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Reuters - 4 weeks ago

eBay Q3 Adjusted Net Income USD 588 Million Vs. IBES Estimate USD 578 Million

BRIEF-eBay Q3 Adjusted Net Income USD 588 Million Vs. IBES Estimate USD 578 Million Oct 30 (Reuters) - eBay Q3 adjusted EPS USD 1.19 vs. IBES estimate USD 1.18. Q3 GMV USD 18,300 million Q3 revenue USD 2,600 million vs. IBES estimate USD 2,545 million outlook Q4 revenue USD 2,530-2,590 million outlook Q4 adjusted EPS USD 1.17-1.22 outlook Q4 EPS US
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