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,...

10:52 AM EDT, 04/11/2025 (MT Newswires) -- KLA (KLAC) faces short-term volatility, while prospects for boosting chip yields, strong management and disciplined capital returns support long-term value creation, Oppenheimer said Friday in a report. Oppenheimer cut KLA's 2026 fiscal year earnings estimate by 10% with the revenue outlook down 9% as part of a broad revision tied to a projected...

10:49 AM EDT, 04/11/2025 (MT Newswires) -- The aerospace industry faces risks to its already vulnerable and complex supply chains amid US tariff increases, Morgan Stanley said in a Friday research note. Analysts said they prefer aftermarket names over OE as pricing power and pass-through clauses remain the top mitigants to tariffs. Although demand destruction in the aerospace industry will...

10:44 AM EDT, 04/11/2025 (MT Newswires) -- Morgan Stanley's ( MS ) first-quarter results topped market expectations as equity trading revenue jumped, while the investment bank said the US economy is unlikely to slip into a recession. Morgan Stanley ( MS ) on Friday reported per-share earnings of $2.60 for the March quarter, up from $2.02 the year before and...