MILAN (Reuters) - Italian energy group Eni expects 2.5 billion euros ($2.7 billion) in net proceeds from additional disposals that will be completed next year, Chief Transition & Financial Officer Francesco Gattei said on Friday. The group announced on Thursday that U.S. investment group KKR would buy 25% of its biofuel unit Enilive for 2.9 billion euros as part of...

Newell Brands Inc. ( NWL ) shares are trading higher after the company reported third-quarter financial results and raised its 2024 EPS guidance. The company reported adjusted earnings per share of 16 cents, in line with the street view. Normalized diluted earnings per share included a negative 2 cents impact associated with a company’s normalization practice change. Quarterly sales of...

12:23 PM EDT, 10/25/2024 (MT Newswires) -- Apple ( AAPL ) is expected to report fiscal fourth-quarter results modestly above market estimates next week, with iPhone demand seen picking up after the launch of artificial intelligence features in late October, BofA Securities said Friday. The brokerage estimates the technology giant to report per-share earnings of $0.96 for the September quarter,...

12:19 PM EDT, 10/25/2024 (MT Newswires) -- Ocuphire Pharma (OCUP) acquired Opus Genetics and the combined company will operate as Opus Genetics, the Retinal Degeneration Fund said Friday. The combined company will focus on developing gene therapies to cure genetic eye disorders and trade on the Nasdaq under the ticker IRD, the RD Fund added. Financial terms of the transaction...