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The Latest Breaking News from Americas

COVID is still surging in the Caribbean, where rising deaths, low vaccination continue

While COVID-19 deaths have dropped in the Americas region for the first time since the beginning of the omicron variant, the Caribbean remains vulnerable to the deadly virus, the World Health Organization’s Americas office warned Wednesday.

Miami Herald

Molson Coors Beverage Clocks 14% Sales Growth In Q4, Tops Consensus; Boosts Dividend By 12%

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…

Benzinga

Sealed Air Clocks 14% Sales Growth In Q4, Tops Consensus

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…

Benzinga

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GE Agrees To Sell Part Of Steam Power's Nuclear Activities To EDF

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…

Benzinga

Guatemala Mayan community argues before human rights court

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

The Independent UK

Radware Tops Q4 Consensus Backed By Security Solutions Demand

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…

Benzinga

Coty Q2 Bottom-Line Beats Street View; Raises FY22 Adjusted EPS Outlook

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%.…

Benzinga

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Otis Worldwide Stock Gains Post Q4 Results, Provides FY22 Guidance

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…

Benzinga

COVID cases in Americas hit highest level on record: PAHO

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

Al Jazeera

UK reports 346 daily deaths; Denmark aims to end all restrictions – as it happened

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

The Guardian - AU

Xerox Registers 7.9% Revenue Decline In Q4; Sees Top-Line Growth In FY22

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…

Benzinga

Coronavirus spreading like never before in Americas, health agency says

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.

Reuters

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