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Penfolds Maker to Divert Wines to China Should Tariffs End

(Bloomberg) -- Treasury Wine Estates Ltd. is planning to reallocate a portion of its Penfolds Bin and Icon wines from other global markets to China once Beijing lifts crippling tariffs on Australian exports. Most Read from Bloomberg Japan Loses Its Spot as World's Third-Largest …

EODHD | 14 February 2024

Australian Unemployment Hits Two-Year High, Currency Drops

(Bloomberg) -- Australian unemployment climbed to a two-year high at the opening of the year, highlighting the nation’s cooling labor market and sending the currency lower as traders brought forward bets on an interest-rate cut. Most Read from Bloomberg Japan Loses Its Spot as …

EODHD | 14 February 2024

Japan’s Renesas to Buy Software Firm Altium for $6 Billion

(Bloomberg) -- Semiconductor maker Renesas Electronics Corp. agreed to buy software firm Altium Ltd. for A$9.1 billion ($5.9 billion), the biggest acquisition yet of an Australian-listed company by a Japanese buyer. Most Read from Bloomberg The Brutal Reality of Plunging Office Values Is Here …

EODHD | 14 February 2024

UPDATE 2-Australia's Origin Energy half-year profit tops forecasts on higher power prices

* H1 underlying profit beats consensus * Origin raises energy markets full year guidance by 13% * Interim dividend, up 67%, tops forecasts * Shares jump 3.9% (Recasts throughout to add more details on result, context and share price) By Lewis Jackson and Archishma …

EODHD | 14 February 2024

UPDATE 4-Japan chipmaker Renesas to buy software company Altium for $5.9 bln

(Adds Japanese M&A activity in the 11th paragraph, executive comment in the 13th) By Sam Nussey and Kantaro Komiya TOKYO, Feb 15 (Reuters) - Japanese chipmaker Renesas Electronics on Thursday announced a $5.9 billion all-cash deal to buy electronics design software firm Altium , …

EODHD | 14 February 2024

Japan chipmaker Renesas to buy software company Altium for $5.9 billion

By Sam Nussey and Kantaro Komiya TOKYO (Reuters) -Japanese chipmaker Renesas Electronics on Thursday announced a $5.9 billion all-cash deal to buy electronics design software firm Altium, its second acquisition in a month, as it works to streamline device design. Renesas said on Thursday …

EODHD | 14 February 2024

Renesas to Acquire PCB Design Software Leader Altium to Make Electronics Design Accessible to Broader Market and Accelerate Innovation

Addition of Altium’s Design Software and Cloud Platform Capabilities Enables Renesas to Create System-Level Integrated and Open Electronics System Design and Lifecycle Management Platform; Bolsters Renesas’ Digitalization Strategy TOKYO & SAN DIEGO, February 14, 2024--(BUSINESS WIRE)--Renesas Electronics Corporation ("Renesas", TSE: 6723), a supplier of …

EODHD | 14 February 2024

Evolution Mining Limited's (ASX:EVN) latest 3.9% decline adds to one-year losses, institutional investors may consider drastic measures

Key Insights Institutions' substantial holdings in Evolution Mining implies that they have significant influence over the company's share price A total of 9 investors have a majority stake in the company with 50% ownership Using data from analyst forecasts alongside ownership research, one can …

EODHD | 14 February 2024

REFILE-UPDATE 3-Australia's Origin Energy half-year profit tops forecasts on higher power prices

(Corrects headline to UPDATE 3 instead of UPDATE 2, with no changes to text) * H1 underlying profit beats consensus * Origin raises energy markets full year guidance by 13% * Interim dividend, up 67%, tops forecasts * Shares jump 3.9% By Lewis Jackson …

EODHD | 14 February 2024

Analysts Are Updating Their Breville Group Limited (ASX:BRG) Estimates After Its Half-Yearly Results

Breville Group Limited (ASX:BRG) just released its latest interim report and things are not looking great. Breville Group missed analyst forecasts, with revenues of AU$906m and statutory earnings per share (EPS) of AU$0.58, falling short by 4.8% and 2.6% respectively. Earnings are an important …

EODHD | 14 February 2024
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