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The Latest Breaking News from North America

United Microelectronics Clocks 35% Revenue Growth In Q1; Wafer Shipments Decline 1.3% Sequentially

United Microelectronics Corp (NYSE:UMC) reported first-quarter FY22 revenue growth of 34.7% year-on-year to $2.22 billion, missing the consensus of $2.26 billion. Revenue contribution from 40nm and below technologies represented 38% of wafer revenue. Wafer shipments declined 1.3% Q/Q to 2,513K, while quarterly capacity grew to 2,420K 8-inch equivalent wafers. The overall utilization rate…

Benzinga

UK’s Ted Baker Attracts ‘Number’ of Proposals from Potential Suitors

Ted Baker has received "a number" of proposals from potentially interested suitors, it said on Wednesday, after the fashion retailer put itself up for sale earlier this month. The British firm, which has nearly 400 locations mostly in Europe, North America and the United Kingdom, launched a formal sale process…

Asharq Al-Awsat

Pro-Patient Psychedelic Treatments Are Finally Moving Forward In A 'New Paradigm Shift'

Last week, Benzinga’s Psychedelics Capital Conference brought a premier gathering of the biggest publicly traded psychedelics companies in North America with forward-thinking investors to Miami, where the hottest topic seemed to revolve around LSD and derivative molecules.

Benzinga

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Travelzoo Shares Pop Post Q1 Beat

Travelzoo (NASDAQ:TZOO) reported first-quarter FY22 revenue growth of 29% year-on-year to $18.5 million, beating the consensus of $16.7 million. North America business segment revenue increased 19% Y/Y to $11.7 million. Europe business revenue climbed 66% Y/Y to $5.9 million. Jack's Flight Club revenue decreased 7% Y/Y to $0.82 million. As of March 31,…

Benzinga

Daseke: A Growth Stock That's Undervalued

The price of shares of the premier North American transportation solutions specialist Daseke (DSKE) have gained in double digit percentage terms over the past year, outperforming the benchmark indexes. And as global supply chain disruptions continue, analysts expect DSKE's financials to improve in the coming months. We think that given…

StockNews.com

Lil Nas X 2022 tour: How to get tickets as Montero artist announces debut tour

Long Live Montero tour begins in North America later this year

The Independent UK

Sam Fender announces North American headline tour

The news comes just days after it was revealed the Geordie musician will be joining Florence and the Machine this September for a series of US gigs

Chronicle Live

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Whirlpool Shares Volatile Afterhours On Q1 Earnings Miss, Trimming FY22 Outlook

Whirlpool Corporation (NYSE:WHR) reported a first-quarter sales decline of 8.2% year-over-year to $4.92 billion, missing the consensus of $5.32 billion. Adjusted EPS was $5.31, missing the consensus of $5.36. Whirlpool states it recorded robust sales growth compared to pre-pandemic levels with healthy underlying consumer demand. Sales by region: North America $2.79 billon…

Benzinga

Honda To Sell 800,000 EVs In North America By 2030

By 2030, up to half of Honda's North American output will be fully electric vehicles, with around 30 percent being traditional hybrids and 20 percent gas cars.

InsideEVs

Carcinotech secures £1.6 million funding to expand internationally

The company also aims to boost commercialisation efforts in Europe and North America

Insider UK

Nina Nesbitt spends day in jail while on US tour with James Arthur

Nina is currently on a North American tour with James Arthur but went behind bars during a day off

Daily Record

Set in stone: Using statue-related metaphors to describe history misses the mark

As countries reckon with racism, colonialism and genocide, a recurring target of reappraisal are statues. Across North America and Europe, statues have been dismantled, toppled and vandalized — and this is a valid critique. Commemoration often blindly celebrates historic figures through statues and plaques without considering their controversies.

The Conversation

PlayStation Plus revamp set for June launch in North America

Sony's Game Pass competitor is rolling out sooner than most were expecting.

USA Today Sports Media Group

AP Week in Pictures: North America

APRIL 15 - 21, 2022

The Independent UK

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Benzinga

Freeport-McMoRan Shares Fall On FY22 Copper Sales Outlook Cut

Freeport-McMoRan Inc (NYSE:FCX) reported first-quarter revenue growth of 36.1% year-over-year to $6.6 billion, beating the consensus of $6.41 billion. Adjusted EPS improved to $1.07 from $0.51 in 1Q21, beating the consensus of $0.94. Average realized prices were $4.66 per pound for copper, $1,920 per ounce for gold, and $19.30 per pound for…

The Conversation

Achoo! 5 essential reads for pollen season

As spring expands across North America, trees, shrubs and flowers are releasing pollen. This fine, powdery substance is produced by the male structures of cone-bearing and flowering plants. When it’s carried to the plants’ female structures by wind, water or pollinators, fertilization happens.

InsideEVs

LG-Magna JV Breaks Ground On Plant That Will Supply EV Parts To GM

An estimated 400 new jobs will be created at the 260,000 square foot factory, which is LG Magna e-Powertrain's first production base in North America.

Benzinga

Magna-LG JV Taps GM As Foundational Customer For New Facility In Mexico

LG Magna e-Powertrain, a joint venture (JV) between LG Electronics and Magna International Inc (NYSE:MGA), marked the groundbreaking of its new plant in Ramos Arizpe, Mexico. General Motors Co (NYSE:GM) is the foundational customer for the new facility. The new facility will produce inverters, motors, and on-board chargers to support General Motors' electric vehicle (EV) production. The 260,000…

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Asharq Al-Awsat

L’Oreal First-Quarter Sales up 13.5%

Cosmetics group L'Oreal reported better than expected first-quarter sales growth on Tuesday, citing strong demand in the US, Europe and mainland China as consumers brushed off concerns about inflation and snapped up high-end beauty products. Sales for the first three months of 2022 rose 13.5% on a like-for-like basis to…

Benzinga

Halliburton's Q1 Results Surpass Expectations

Halliburton Co (NYSE:HAL) reported first-quarter FY22 revenue growth of 24.1% year-over-year to $4.28 billion, beating the consensus of $4.21 billion. Completion and Production revenue increased 25.8% Y/Y to $2.35 billion, and the corresponding operating income increased by 17.5% Y/Y to $296 million. Drilling and Evaluation revenue increased by 22.1% Y/Y to $1.93…

Benzinga

Why Ocugen Shares Are Trading Higher Today

Ocugen Inc (NASDAQ:OCGN) and Bharat Biotech have amended their co-development, supply, and commercialization agreement to expand Ocugen's exclusive territory to include the commercialization of Covaxin in Mexico. This gives Ocugen Covaxin commercialization rights for all of North America. Covaxin can be an ideal vaccination option for Mexico at this pandemic stage. As a whole…

Asharq Al-Awsat

For ‘Fantastic Beasts’ Series, a Case of Diminishing Returns

"Fantastic Beasts: The Secrets of Dumbledore” got off to a less than magical start in its first weekend in US and Canadian theaters. The third installment in the Harry Potter spinoff opened to $43 million in North America, according to studio estimates Sunday. It was enough to secure the film…

Chicago Tribune

In Chicago, British foreign minister says Putin made ‘strategic error’ in thinking Ukraine invasion would fracture Western democratic alliances

CHICAGO — Russian President Vladimir Putin committed a major “strategic error” in believing his invasion of Ukraine would fragment Western democracies, the British foreign minister for Europe and North America said in Chicago this week.

Benzinga

Toyota To Launch SUV Of Revamped Crown Sedan: Reuters

Toyota Motor Corp (NYSE:TM) looks to launch a sport utility vehicle version of its Crown sedan for Japan, China, and North America, Reuters reports. The SUV, likely to come in a hybrid, plug-in hybrid, and full-electric models, looks to bring the 67-year-old Crown more with market trends. The hybrid will likely be…

Benzinga

Ericsson Shares Drop Post Q1 Results; Acknowledges DOJ Penalty, Russia Business Suspension

Telefonaktiebolaget L M Ericsson (NASDAQ:ERIC) reported a first-quarter FY22 sales growth of 11% year-on-year to SEK 55.1 billion. Group organic sales grew by 3% Y/Y, driven by Networks in North America, Europe, and Latin America. Organic sales in Networks rose 4% Y/Y, and Digital Services sales down by 2% Y/Y. It reported an…

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