LONDON, Aug 8 (Reuters) - Barclays ( JJCTF ) has become the latest bank to drastically revise a cap on bonuses for its top bankers in Britain, an internal memo seen by Reuters showed on Thursday. The lender's senior bankers will now be able to earn payouts of up to 10 times their base salary, up from a two-to-one ratio...

(Reuters) -Intel was sued on Wednesday by shareholders who said the Silicon Valley chipmaker fraudulently concealed problems that led it to post weak results, slash jobs and suspend its dividend, and caused its market value to sink more than $32 billion in a single day. The proposed class action against Intel, Chief Executive Patrick Gelsinger and Chief Financial Officer David...

09:02 AM EDT, 08/08/2024 (MT Newswires) -- Spectrum Brands Holdings ( SPB ) reported fiscal Q3 adjusted earnings Thursday of $1.10 per diluted share, up from $0.93 a year earlier. Analysts polled by Capital IQ expected $1.22. Net sales for the quarter ended June 30 was $779.4 million, up from $735.5 million a year earlier. Analysts polled by Capital IQ...

Martin Marietta Materials Inc ( MLM ) shares are trading lower after the company reported a second-quarter FY24 revenue decline of 3% Y/Y to $1.764 billion, missing the consensus of $1.846 billion. Adjusted EPS of $5.26 missed the consensus of $5.40. Gross profit was $517 million (-8% Y/Y), and the margin contracted to 29% from 31% a year ago.  Building Materials business revenue was $1.7 billion (-3% Y/Y), and the corresponding gross profit was $501 million (-7% Y/Y). Aggregate shipments...