Logitech International S.A. shares are trading lower, reversing its earlier gains, premarket today after it reported fourth-quarter FY24 results. Revenue rose 5% Y/Y (both reported and constant currencies) to $1.01 billion, exceeding the consensus of $956.1 million. By category, sales in Video Collaboration rose 3% Y/Y, Gaming increased 7% Y/Y, while Keyboards & Combos sales and Pointing Devices were up by 15% Y/Y and...

April 30 (Reuters) - Equitrans Midstream Corp ( ETRN ) said on Tuesday it expects to complete the construction and final commissioning activities on its Mountain Valley natural gas pipeline by the end of May at an estimated cost of $7.85 billion. That is higher than the $7.57 billion to $7.63 billion cost estimate the company gave in February. Equitrans...

08:50 AM EDT, 04/30/2024 (MT Newswires) -- Consumer stocks were steady premarket Tuesday, with the Consumer Discretionary Select Sector SPDR Fund (XLY) inactive and the Consumer Staples Select Sector SPDR Fund (XLP) marginally higher recently. Coursera ( COUR ) was down more than 15% after it issued Q2 and full-year revenue outlook that missed estimates from analysts polled by Capital...

MADRID, April 30 (Reuters) - Spanish lender BBVA and smaller rival Sabadell said on Tuesday that they had started negotiations to explore a possible merger, triggering a rise of more than 7% in Sabadell's shares. BBVA said it had conveyed to the chair of the board of directors of Banco Sabadell the interest of BBVA's board of directors in initiating...