International Game Technology ( IGT ) reported third-quarter adjusted earnings per share of 2 cents loss, missing the street view of 21 cents earnings. Quarterly sales of $587 million (down 2%) missed the analyst consensus of $591.5 million. Sales fell as there was elevated U.S. multi-state jackpot activity in the prior year. This apart, the quarterly revenues was weighed by...

09:31 AM EST, 11/12/2024 (MT Newswires) -- (Updates with Honeywell ( HON ) response in the third paragraph.) Elliott Investment Management has amassed a position in Honeywell International ( HON ) of over $5 billion, Bloomberg reported Tuesday, citing people with knowledge of the matter. The activist investor is pushing Honeywell ( HON ) to consider a breakup of the...

Upstart Holdings Inc ( UPST ) shares are trading lower Tuesday after the company announced a proposed private offering of convertible senior notes. What Happened: After the market close on Monday, Upstart announced that it intends to offer $425 million of convertible senior notes due 2030 in a private offering to qualified institutional buyers. Upstart will grant the underwriters a 13-day...

WASHINGTON (Reuters) - The U.S. Supreme Court declined on Tuesday to hear a bid by landlord groups to challenge rent stabilization laws in New York City that cap rent hikes and make it harder to evict tenants. The justices turned away appeals by property owners of lower court rulings that found the city's price and eviction controls do not violate...