Shares of Commercial Metals Co. ( CMC ) initially fell Monday after the company reported fiscal third-quarter results that missed Wall Street expectations, but subsequently reversed all of their premarket losses to trade higher. Net sales rose 2.9% year over year to $2.02 billion, falling short of the $2.05 billion consensus estimate. Core EBITDA declined to $204.1 million from $256.1...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

10:06 AM EDT, 06/23/2025 (MT Newswires) -- (Corrects the reference to adjusted earnings and revenue in the headline.) FactSet Research Systems ( FDS ) reported fiscal Q3 adjusted earnings Monday of $4.27 per diluted share, down from $4.37 a year earlier. Analysts polled by FactSet expected $4.30. Revenue for the quarter ended May 31 was $585.5 million, compared with $552.7...

Professional Capital Management CEO Anthony Pompliano has announced a $1 billion merger to launch ProCap Financial, a new Bitcoin-focused financial services firm. The company, formed through a business combination with Columbus Circle Capital Corp. I , plans to hold up to $1 billion worth of Bitcoin (CRYPTO: BTC) on its balance sheet. The deal represents the largest initial fundraising in...