The Latest Breaking News from Americas

Molson Coors Beverage Co (NYSE:TAP) reported fourth-quarter FY21 sales growth of 14.2% year-on-year, to $2.62 billion, beating the consensus of $2.55 billion. Net sales in the Americas rose 7.6% Y/Y, and EMEA & APAC gained 56.4%.  Gross profit fell 4.2% Y/Y to $857.3 million. The operating margin was 6.3%, and operating income for…

Sealed Air Corp (NYSE:SEE) reported fourth-quarter FY21 sales growth of 14% year-on-year, to $1.53 billion, beating the analyst consensus of $1.49 billion. On an organic basis, sales in the Americas rose 20% Y/Y, EMEA increased 13%, and APAC gained 4%. Adjusted EPS of $1.12 missed the analyst consensus of $1.13. The gross profit…

General Electric Co (NYSE:GE) agreed to divest part of GE Steam Power’s nuclear power activities to EDF Group, an integrated electricity company listed on the Paris Stock Exchange. Financial terms were not disclosed. The transaction includes GE Steam Power’s conventional island equipment for new nuclear power plants and maintenance and upgrades for…

Lawyers for an Indigenous community in eastern Guatemala are making arguments before the Inter-American Court of Human Rights that could have far-reaching implications for Indigenous communities throughout the Americas

Radware Ltd (NASDAQ:RDWR) reported fourth-quarter FY21 revenue growth of 11% year-on-year to $76.6 million, surpassing the consensus of $75.3 million.  Revenue in the Americas region rose 14% Y/Y to $31.2 million, Europe, Middle East, and Africa (EMEA) region increased 23% Y/Y to $29.7 million, and Asia-Pacific (APAC) region declined 10% Y/Y to $15.7…

Coty Inc (NYSE:COTY) reported second-quarter FY22 sales growth of 11.5% year-on-year, to $1.58 billion, missing the analyst consensus of $1.60 billion. Like-For-Like (LFL) revenue increased 12% Y/Y, driven by a 12% increase in both Prestige and Consumer Beauty segments. Revenue in the Americas rose 9% Y/Y, EMEA increased 12%, and Asia-Pacific grew 17%.…

Otis Worldwide Corp (NYSE:OTIS) reported fourth-quarter FY21 sales growth of 2.2% year-over-year to $3.569 billion, +2.8% on an organic basis, missing the consensus of $3.58 billion. New Equipment sales of $1.56 billion (+2% Y/Y), +1.2% organic. Organic sales were 11.9% in Asia, partially offset by a decline of 9.5% and 6.3% in the…

Health systems across the region are feeling the strain of a rapid rise in cases and hospitalisations linked to Omicron.

UK also records over 102,000 daily cases; Danish plan would mean most far-reaching easing among Nordic countries

Xerox Holdings Corp (NASDAQ:XRX) reported a fourth-quarter FY21 sales decline of 7.9% year-on-year, to $1.78 billion, missing the consensus of $1.82 billion. Adjusted EPS of $0.34 beat the consensus of $0.33. Equipment sales declined 24.7% Y/Y, while Post sale revenue decreased 1.9% Y/Y. Sales in the Americas declined 9.3% Y/Y, and EMEA decreased…

COVID-19 infections are reaching new peaks in the Americas with 7.2 million new cases and more than 15,000 COVID-related deaths in the last week, the Pan American Health Organization (PAHO) said on Wednesday.