Fidelity National Information Services, Inc. ( FIS ) shares are tumbling on Tuesday after the company reported fourth-quarter results. Revenue of $2.599 billion, which increased 3% year over year on a GAAP basis, missing the consensus of $2.63 billion. Banking Solutions revenue increased by 1% Y/Y to $1.72 billion and Capital Market Solutions revenue increased by 9% Y/Y to $821 million. Adjusted EBITDA margin expanded 103 basis points to 42.9% in the quarter. Adjusted net...

11:50 AM EST, 02/11/2025 (MT Newswires) -- Price: 21.67, Change: +1.90, Percent Change: +9.59 ...

11:54 AM EST, 02/11/2025 (MT Newswires) -- Higher domestic steel prices along with increased premiums for aluminum are expected after President Donald Trump ordered a 25% duty on all steel and aluminum imports, analysts at Morgan Stanley said in a Tuesday research note, adding that US-based steelmakers and aluminum producers stand to benefit from the removal of prior exemptions and...

NEW YORK, Feb 11 (Reuters) - Starbucks ( SBUX ) was sued on Tuesday by the U.S. state of Missouri, which accused the coffee chain of using a commitment to diversity, equity and inclusion as a pretext to illegally discriminate on the basis of race. In a complaint filed in St. Louis federal court, Missouri accused Starbucks ( SBUX )...