* CEO targets higher top line growth * More M&A, capex will be part of strategy * CFO says ABB has at least $1 billion for acquisitions * R&D spending will also increase (.) By John Revill ZURICH, Oct 17 (Reuters) - ABB's new Chief Executive Morten Wierod wants to speed up sales growth at the Swiss engineering company, he...

Alcoa Corporation ( AA ) shares are trading higher on premarket Thursday. On Wednesday, the company reported third quarter sales of $2.904 billion, missing the consensus of $2.967 billion. Alumina production dropped 4% sequentially to 2.44 million metric tons, mainly due to the full curtailment of the Kwinana refinery in June 2024. Meanwhile, aluminum production rose 3% sequentially to 559,000 metric tons, driven by progress on...

06:50 AM EDT, 10/17/2024 (MT Newswires) -- Uber Technologies ( UBER ) is exploring a possible bid to acquire Expedia Group ( EXPE ) , the Financial Times reported late Wednesday, citing three unnamed people familiar with the matter. The ride-hailing company approached advisers in recent months after a third party suggested the idea and how it could be structured,...

TOKYO, Oct 17 (Reuters) - Fuji Soft < founder and shareholder Hiroshi Nozawa has sent a letter to the company expressing his support for a takeover by U.S. buyout fund Bain Capital, the Nikkei business daily said on Thursday. Nozawa urged Fuji Soft to withdraw its recommendation for a buyout by KKR , the report said. ...