09:28 AM EST, 12/19/2024 (MT Newswires) -- Prudential Financial ( PRU ) said Thursday it completed a reinsurance deal for a portion of its guaranteed universal life block with Wilton Re. Prudential also said it has restructured several internal captive reinsurance arrangements for a portion of its in-force term life insurance block, resulting in estimated one-time pretax expenses of about...

FuelCell Energy Inc ( FCEL ) shares are trading lower after the company reported its fourth quarter 2024 results. The company’s total revenues grew 120% year-over-year to $49.326 million, beating the consensus of $39.716 million. Product revenues rose to $25.4 million for the three months ending October 31, 2024, from $10.5 million a year earlier. The increase was driven by...

LONDON, Dec 19 (Reuters) - An Australian computer scientist who falsely claimed he invented bitcoin was on Thursday found in contempt of court for bringing a 911 billion-pound ($1.2 trillion) lawsuit against Twitter founder Jack Dorsey's payments company Block in Britain. Craig Wright had long claimed to have been the author of a 2008 white paper, the foundational text of...

LONDON (Reuters) - An Australian computer scientist who falsely claimed he invented bitcoin was on Thursday found in contempt of court for bringing a 911 billion-pound ($1.2 trillion) lawsuit against Twitter founder Jack Dorsey's payments company Block in Britain. Craig Wright had long claimed to have been the author of a 2008 white paper, the foundational text of bitcoin, published...