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Oasis-style mega-gigs may increasingly slide away

BREAKINGVIEWS-Oasis-style mega-gigs may increasingly slide away The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By George Hay LONDON, Aug 30 (Reuters Breakingviews) - Noel and Liam Gallagher’s long-awaited comeback has supersonic timing. The 400 million pounds in sales and associated revenues the Mancunian brothers stand to generate by reforming iconic 1990s UK band Oasis in 2025 puts them in a similar bracket to Taylor Swift, who last year undertook the fi
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Snowflake raises annual product revenue forecast, unchanged margins weigh on shares

UPDATE 3-Snowflake raises annual product revenue forecast, unchanged margins weigh on shares Updates shares, adds details in paragraphs 3 & 8, analyst comment in paragraph 6 By Zaheer Kachwala Aug 21 (Reuters) - Data cloud analytics firm Snowflake SNOW.N on Wednesday raised its forecast for full-year product revenue, as it attracts more clients to its cloud platform owing to advancements in artificial intelligence.
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F1 owner Liberty Media slips on stock offering to fund MotoGP buy

BUZZ-F1 owner Liberty Media slips on stock offering to fund MotoGP buy ** Liberty Media's F1 tracking stock FWONK.O down 2.5% at $77.82 on Weds after equity raise to fund takeover of MotoGP ** Co early Weds announced pricing offering of 10.65 mln shares of Series C Liberty Formula One common stock at $77.50 for $825.4 mln gross raise with Goldman Sachs as sole underwriter ** Offering price represents 2.9% discount to FWONK close of $79.83 on Tues ** Liberty Media to use net offering proceeds to
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US state AGs seek triple damages against Live Nation for concertgoers

UPDATE 2-US state AGs seek triple damages against Live Nation for concertgoers Adds Live Nation comment in paragraphs 9-10 By Jody Godoy NEW YORK, Aug 19 (Reuters) - Attorneys general from about two dozen U.S. states are seeking treble damages against Live Nation Entertainment LYV.N and its ticket-selling unit, Ticketmaster, for allegedly monopolizing markets across the live concert industry in an updated version of a lawsuit originally filed in May.
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Ten more states join US suit seeking to break up Live Nation-Ticketmaster

Ten more states join US suit seeking to break up Live Nation-Ticketmaster WASHINGTON, Aug 19 (Reuters) - Ten additional states have joined the U.S. Justice Department's lawsuit against Live Nation-Ticketmaster for monopolizing markets across the live concert industry, the department said on Monday. The Justice Department, along with a group of 30 states and the District of Columbia, filed the lawsuit in May to break up Live Nation LYV.N , arguing the concert promoter and its Ticketmaster unit il
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Snowflake falls as Wells Fargo downgrades stock on competition, macro concerns

BUZZ-Snowflake falls as Wells Fargo downgrades stock on competition, macro concerns ** Shares of data analytics firm Snowflake SNOW.N down ~4% at $122.2 premarket ** Brokerage Wells Fargo downgrades co to "equal weight" from "overweight", cuts PT to $130 from $200 ** It sees near-term challenges for SNOW due to rising competition from peers such as
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inspired suspect in Taylor Swift show plot planned suicide attack

UPDATE 5-ISIS-inspired suspect in Taylor Swift show plot planned suicide attack Taylor Swift concerts cancelled after plot foiled Three Austrian teenagers detained over attack plan Main 19-year-old suspect supported Islamic State Adds Austrian chancellor's quotes in paragraphs 5-6 By Alexandra Schwarz-Goerlich and Miranda Murray VIENNA, Aug 8 (Reuters) - An Austrian teenager arrested over an alleged plot to strike a Taylor Swift concert in Vienna planned to carry out a suicide attack that would
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Canada launches investigation into Ticketmaster data breach

Canada launches investigation into Ticketmaster data breach OTTAWA, July 31 (Reuters) - Canada has launched an investigation into a data breach at Live Nation Entertainment LYV.N unit Ticketmaster that impacted the personal information of millions of individuals worldwide, the country's privacy commissioner said on Wednesday. "Ticketmaster holds the personal information of millions of Canadians.
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U.S. Booking Holdings, Doordash, Vertex Pharmaceuticals (Aug. 5)

CORRECTED-U.S. RESEARCH ROUNDUP-Booking Holdings, Doordash, Vertex Pharmaceuticals (Aug. 5) Corrects U.S. research roundup dated Aug. 5 to remove dated research actions from headline and tables, the errors appeared in previous versions also Aug 5 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies including Booking Holdings, Doordash and Vertex Pharmaceuticals, on Monday.
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Live Nation misses quarterly profit estimates, shares fall

Live Nation misses quarterly profit estimates, shares fall July 30 (Reuters) - Ticketmaster-parent Live Nation Entertainment LYV.N missed analysts' estimates for second-quarter profit on Tuesday, hurt by higher operating expenses, sending its shares down more than 3% in extended trading. Red-hot ticket prices have forced concert-goers to curtail discretionary spending amid higher interest rates and economic uncertainty.
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Live Nation Q2 Revenue USD 6,000 Million Vs. IBES Estimate USD 6,018 Million

BRIEF-Live Nation Q2 Revenue USD 6,000 Million Vs. IBES Estimate USD 6,018 Million Jul 30 (Reuters) - Live Nation Q2 operating income USD 466 million vs. IBES estimate USD 447.4 million.
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Microsoft and job openings to hit pre-Fed vigil

MORNING BID AMERICAS-Microsoft and job openings to hit pre-Fed vigil A look at the day ahead in U.S. and global markets from Mike Dolan To the extent that worries about pricey tech stocks and rising AI capex spending were partly behind last week's market shakeout, Microsoft's quarterly update should prove a key moment later on Tuesday, just as the Federal Reserve's latest policy meeting gets under way.
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What to Watch in the Day Ahead - Tuesday, July 30

What to Watch in the Day Ahead - Tuesday, July 30 The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT Microsoft is expected to report a rise in fourth-quarter revenue on robust demand for its AI-powered cloud and business software offerings.
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What to Watch in the Week Ahead and on Monday, July 29

What to Watch in the Week Ahead and on Monday, July 29 The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT ON MONDAY McDonald's is expected to post a smaller growth in second-quarter revenue as customers cut back on dining out amid persistent inflation.
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FTC case challenging $4 billion mattress merger draws veteran antitrust lawyers

FTC case challenging $4 billion mattress merger draws veteran antitrust lawyers By Mike Scarcella July 3 (Reuters) - A closely-watched lawsuit seeking to block Tempur Sealy’s $4.3 billion acquisition of retail giant Mattress Firm will pit veteran antitrust defenders against a U.S. Federal Trade Commission team led by a former longtime Latham & Watkins attorney who joined the agency this year.
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Lock maker Assa Abloy violating antitrust settlement, US Justice Dept says

Lock maker Assa Abloy violating antitrust settlement, US Justice Dept says By Mike Scarcella July 3 (Reuters) - The U.S. Justice Department has accused global lock maker Assa Abloy ASSAb.ST of violating the terms of a settlement that let it complete a $4.3 billion acquisition of Spectrum Brands' SPB.N hardware and home improvement unit last year. Justice Department lawyers said in a Washington, D.C.
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Samsung defeats consumers’ mass arbitration demand in US appeals court

Samsung defeats consumers’ mass arbitration demand in US appeals court By Mike Scarcella July 2 (Reuters) - A U.S. appeals court has reversed a decision that would have required Samsung Electronics to pay millions of dollars in arbitration fees to respond to thousands of consumer privacy claims. In a case that could help define the scope of consumer mass arbitration, the Chicago-based 7th U.S.
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Live Nation could face 2026 trial in US antitrust case, judge says

Live Nation could face 2026 trial in US antitrust case, judge says By Mike Scarcella June 27 (Reuters) - The U.S. Justice Department's lawsuit seeking to break up entertainment industry giant Live Nation LYV.N and its Ticketmaster unit could go to trial in early 2026, a judge in New York said on Thursday. At the first hearing in the blockbuster antitrust lawsuit, U.S.
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BlackBerry beats estimate for Q1 revenue on strong demand for cybersecurity services

BlackBerry beats estimate for Q1 revenue on strong demand for cybersecurity services June 26 (Reuters) - Canada's BlackBerry BB.TO , BB.N beat first-quarter revenue estimates on Wednesday, driven by a resilient demand for cybersecurity services in the wake of growing online threats. U.S.-listed shares of the company, which provides cybersecurity and data protection services to enterprises and governments, rose 7.2% after the bell.
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Column: In Live Nation case, appeals court mulls mass arbitration breakthrough

Column: In Live Nation case, appeals court mulls mass arbitration breakthrough The opinions expressed here are those of the author, a columnist for Reuters. By Alison Frankel June 20 (Reuters) - A potentially seismic moment for civil litigation occurred last Friday during oral arguments in ticket seller Live Nation’s appeal of a trial court decision allowing consumers to band together to litigate antitrust claims.
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