07:02 AM EST, 03/07/2025 (MT Newswires) -- Hewlett Packard Enterprise ( HPE ) shares fell nearly 20% in premarket activity Friday, a day after it shared plans to achieve roughly $350 million in run-rate cost savings by fiscal year 2027 through workforce reductions. Hewlett Packard Enterprise ( HPE ) plans to reduce workforce by 5%, or about 2,500 employees, over...

07:12 AM EST, 03/07/2025 (MT Newswires) -- Algonquin Power & Utilities ( AQNB ) (AQN.TO, AQN) on Friday said its fourth-quarter adjusted net earnings fell, missing analyst estimates. Adjusted net earnings dropped to US$45.2 million, or US$0.06 per share, from US$81.3 million, or US$0.12 per share. Analysts polled by FactSet expected $0.09 per share. Revenue was US$584.8 million, down from...

(Reuters) -Walgreens Boots Alliance ( WBA ) is being taken private by Sycamore Partners for $10 billion, bringing to a close the pharmacy chain operator's nearly century-long association with the public markets. The following is a timeline of key events in the history of the storied company, which was briefly part of the bluechip Dow Jones Industrial Average index but...

07:04 AM EST, 03/07/2025 (MT Newswires) -- Meta Platforms ( META ) is investing in the voice features of its Llama 4 open-source artificial intelligence software, with improved capabilities to be announced in coming weeks, the Financial Times reported, citing people familiar with the matter. The company is focusing on improving the informality of conversation between users and the AI...