(Reuters) -Formula One owner Liberty Media will sharpen its focus on its motorsports businesses by spinning off most of its other assets and said Chairman John Malone would become the interim CEO when its long-time top boss steps down at the end of 2024. Greg Maffei, who spearheaded the company's rapid expansion across the media, communications, sports and entertainment sectors...

12:57 PM EST, 11/13/2024 (MT Newswires) -- Ingersoll Rand ( IR ) has a strong growth correlation with industrial production and is expected to benefit from a recovering market and organic order growth improving in Q3, UBS Securities said in a note emailed Wednesday. We see continued acyclical growth from the company's tried and tested acquisition strategy (over 50 acquisitions...

01:58 PM EST, 11/13/2024 (MT Newswires) -- Price: 65.78, Change: +0.21, Percent Change: +0.31 ...

12:56 PM EST, 11/13/2024 (MT Newswires) -- V.F. Corp. ( VFC ) was downgraded to BB from BBB- by S&P Global's ( SPGI ) ratings unit due to ongoing revenue declines in its top four brands and weaker credit ratios, the rating agency said. The company's weak earnings for fiscal Q2 suggest that its brand portfolio continues to face challenges,...